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TimaTec

Active
Private limited companyfounded 20179 yrs activeKleinmeersstraat 15, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0679.469.261

TimaTec has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101k and a net result of €28k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 92% of 2514 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
94 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+4
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 9.53 against 3.42 in 2024; short-term debt: 9.9% and cash: 43.8% of total assets), and 11.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
88.5%
Return on assets
24.6%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
22 d early
2024
55 d early
2023
34 d early
2022
12 d early
2021
30 d early
2020
17 d late
2019
8 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€101k▲ 38.4%
2024 · €73k
2018: €20k 2019: €30k 2020: €40k 2021: €57k 2022: €65k 2023: €61k 2024: €73k
2018 → 2025
Total assets
€114k▲ 11.8%
2024 · €102k
2018: €72k 2019: €83k 2020: €69k 2021: €106k 2022: €80k 2023: €79k 2024: €102k
2018 → 2025
Net result
€28k▲ 30.5%
2024 · €21k
2018: €13k 2019: €10k 2020: €11k 2021: €11k 2022: €2k 2023: €6k 2024: €21k
2018 → 2025
Working capital
€97k▲ 46.3%
2024 · €66k
2018: €24k 2019: €34k 2020: €45k 2021: €59k 2022: €62k 2023: €60k 2024: €66k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€57k-€65k▲ 13.8%€61k▼ 5.5%€73k▲ 18.6%€101k▲ 38.4%
Operating result€14k-€2k▼ 83.6%€9k▲ 264%€27k▲ 217%€35k▲ 31.2%
Net result€11k-€2k▼ 85.4%€6k▲ 309%€21k▲ 233%€28k▲ 30.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30k€40kOperating result 2021: €14k€14kNet result 2021: €11k€11kOperating result 2022: €2k€2kNet result 2022: €2k€2kOperating result 2023: €9k€9kNet result 2023: €6k€6kOperating result 2024: €27k€27kNet result 2024: €21k€21kOperating result 2025: €35k€35kNet result 2025: €28k€28k20212022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 31% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114k
Fixed assets €6k▼ 30.1%
Current assets €108k▲ 15.6%
Equity and liabilities €114k
Equity €101k▲ 38.4%
Debt €13k▼ 55.0%
The debt ratio falls from 28.5% to 11.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€38k
2024 · €30k
Cash flow
€31k
2024 · €24k
Solvency
88.5%
2024 · 71.5%
Current ratio
9.53
2024 · 3.42
Quick ratio
8.20
2024 · 2.89
Debt / equity
0.13
2024 · 0.40
ROE
27.7%
2024 · 29.4%
ROA
24.6%
2024 · 21.0%
Interest coverage
166.65
2024 · 272.55
Debt
€13k
2024 · €29k
Debt ≤ 1 year
€11k
2024 · €27k
Income taxes
€7k
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€102k€114k
Fixed assets21/28€9k€6k
Tangible fixed assets22/27€9k€6k
Plant, machinery and equipment23€1k€5
Furniture and vehicles24€4k€4k
Other tangible fixed assets26€3k€2k
Current assets29/58€93k€108k
Stocks and contracts in progress3€14k€15k
Stocks30/36€14k€15k
Amounts receivable within one year40/41€41k€40k
Trade receivables40€41k€37k
Other amounts receivable41€447€3k
Cash at bank and in hand54/58€36k€50k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€102k€114k
Equity10/15€73k€101k
Contributions10/11€19k€19k=
Reserves13€54k€82k
Distributable reserves133€54k€82k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€29k€13k
Amounts payable within one year42/48€27k€11k
Trade debts44€177€7k
Suppliers440/4€177€7k
Taxes, remuneration and social security45€5k€3k
Taxes450/3€5k€3k
Other amounts payable47/48€22k€1k
Accrued charges and deferred income492/3€2k€2k=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€619€-619
Other operating charges640/8€596€601
Gross operating margin9900€31k€38k
Operating profit (loss)9901€27k€35k
Financial income75/76B€105€0
Recurring financial income75€105€0
Financial charges65/66B€110€229
Recurring financial charges65€110€229
Profit (loss) for the period before taxes9903€27k€35k
Income taxes67/77€6k€7k
Profit (loss) for the period9904€21k€28k
Profit (loss) for the period to be appropriated9905€21k€28k
Appropriation of the result
Profit (loss) to be appropriated9906€21k€28k
Transfer from equity791/2€0-
Transfer to equity691/2€11k€28k
To other reserves6921€11k€28k
Profit to be distributed694/7€10k€0
Return on contributions (dividend)694€10k€0

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €28k ▲30.5%
Operating result €35k, net result €28k, both a record.
31-12
Financial Liquidity triplescurrent ratio 9.53
Current ratio from 3.42 to 9.53; short-term debt falls from €27k to €11k.
31-12
Financial Equity above €100kEq €101k ▲38.4%
8 profitable years in a row build equity to €101k.
06-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €2k ▼85.4%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 5.62
Current ratio from 2.30 to 5.62; short-term debt falls from €45k to €13k.
01-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
17-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
23-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
19-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tongeren-Borgloon · 1 establishment unit since 2017
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kleinmeersstraat 153700 Tongeren-Borgloon
Ground area
831 m²
Building footprint
110 m²
Volume, LiDAR
600 m³
Parcel 73046B0280/00E003, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TimaTec
Kleinmeersstraat 15, 3700 Tongeren-BorgloonManufacture of fabricated metal products, except machinery and equipment
since 20172.266.501.406
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73046B0280/00E003 Flanders 831 m² 1 · 110 m² 7.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 341 companies in sector 95220 we hold annual accounts for 91. 74 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded01-08-2017
Fiscal year end31-12
Activities, NACEBEL
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
82990Other business support services
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95120Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.