Timbolo
ActiveSummary
The computed 12-month bankruptcy probability of Timbolo is 5.9% (elevated). The annual accounts of Timbolo for financial year 2024 show a net loss of 68% of the equity at the start of that year. The 2024 annual accounts show equity of €13,960 and a net result of -€29,180. Equity has been growing by about 43% per year since 2019. Its solvency ranks better than 29% of 2,051 sector peers (NACE 10, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 17-05-2018 Normal situation
- Activity
- Manufacture of food products NACE 10520and 3 others
- Establishment unit
- 2.275.855.075 5377 Somme-Leuze, since 17-05-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 13-04-2026
Board and ownership
- BODART Julie Frédérique LaurenceDirector
- LOEF PascalDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 5.9%
- Gross margin
- €1,837
- ▼ 92.0%
- Turnover
- ≈ €14,000
- estimated
- Loss
- €29,180
- Equity
- €13,960
- ▼ 67.6%
- Total assets
- €154,431
- ▲ 62.1%
- 2025 accounts not filed, 96 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 22-08-2025)1 financial year not filed after the legal deadline; last filed accounts filed 18 days lateSector: Manufacture of food products (NACE 10)Loss of €29,180 (financial year 2024)Show the evidence
Checked score
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, micro). It does better than 26% of them on solvency, 44% on liquidity, 6% on profitability and 9% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 6 accounts on average 15 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (1)
Key points
- Caution: Lower net result than 91% of companies in food productssector median €9,455 · 2,053 companies -€29,180 View
Recent changes
- · Gazette deed Appointments: LOEF Pascal (director) and BODART Julie Frédérique Laurence (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Timbolo: manufacture of food products (NACE 10520). They are comparable in size and age: total assets between €67,400 and €267,000, founded between 2007 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| Timbolo Somme-Leuze | €154,431 | €1,837 |
| YUMMY ICE & SORBETS Ukkel | €113,998 | -€26,081 |
| CREMERIE VERPOORTEN PAUL Lommel | €76,022 | -€19,946 |
| De Ijs-Ster Destelbergen | €182,723 | -€342 |
| Isidoor Ijs Ravels | €266,914 | -€38,719 |
| ISOLAZ Heusden-Zolder | €67,385 | -€5,029 |
| Borgo Gelato Antwerpen | €70,352 | -€16,219 |
Key facts about Timbolo
- What is the company number of Timbolo?
- The company number of Timbolo is 0695.996.675. The VAT number is the same number with BE in front: BE 0695.996.675.
- Where is Timbolo based?
- The registered office is at Moressée, Heure 3, 5377 Somme-Leuze.Company details
- What does Timbolo do?
- According to the KBO register, the main activity is manufacture of food products (NACE 10520).
- What is the legal form of Timbolo?
- The legal form of Timbolo is Private limited company (BV).
- When was Timbolo founded?
- Timbolo was founded on 17-05-2018.
- Is Timbolo still active?
- Yes, Timbolo is an active enterprise in the KBO register.
- What is the turnover of Timbolo?
- The turnover in financial year 2024 is ≈ €14,000. This figure is estimated from the gross margin of €1,837 and 6,319 comparable companies of the same size. It probably lies between €6,400 and €34,000. It is a rough estimate.Financials
- Is Timbolo profitable?
- In financial year 2024, Timbolo made a loss of €29,180.
- Where can I find the annual accounts of Timbolo?
- Timbolo filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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