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TIMCO MECHANICS

Bankruptcy closed
Private limited companyKBO/BCE: BE 0680.522.405

Inactive since 09-09-2026; last annual accounts for financial year 2022.

Summary

TIMCO MECHANICS was declared bankrupt on 26-03-2024 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed by liquidation by judgment of 08-09-2026, published in the Belgian Official Gazette on 14-09-2026.

TIMCO MECHANICSBankruptcy closed

Overview

Activity
Activity not known
Size
€71,413total assets 2022
Staff
2.2 FTE
Equity
-€235,792
Loss
-€50,900
Turnover not published (micro format)
Financial health
Bankruptcy closed: no score
Structure
0 of 2 deeds read
Signalsraises riskBankruptcy closedReorganisation plan being carried outneutralFiled after the deadlineShow the evidence

Signals

Three signals.
raises riskneutral
raises risk · Bankruptcy closed
The Belgian Official Gazette published the closure of the bankruptcy. The latest notice is dated 14-09-2026. The registration has since been removed from the register.
Belgian Official Gazette
raises risk · Reorganisation plan being carried out
The court approved the reorganisation plan on 18-10-2022 (Belgian Official Gazette 21-10-2022); the company is now carrying it out.
Belgian Official Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 16-08-2023, 16 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2022
16 days late
2021
5 days early
2020
17 days late
2019
28 days early
2018
12 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 2 days before the deadline; the Belgian median for financial year 2022 is 3 days before the deadline, and 42% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Bankruptcy closure (by liquidation)Enterprise Court of Antwerp, Turnhout…
  2. Supervising judge replacedEnterprise Court of Antwerp, Turnhout…
  3. OpeningEnterprise Court of Antwerp, Turnhout…

Key points

  • Risk: No longer active Bankruptcy closed View
  • Caution: Staff fell in 2022from 7.3 FTE to 2.2 FTE ▼ 69.9% View
  • Total assets 20225 financial years filed €71,413 View

By topic

Financials

Financial year
2022
Total assets
€71,413
Loss
-€50,900
Solvency
-330.2%
Total assets▼ 41.0%
Net result
20182022
Go to Financials

Timeline

Events
12
Since
2019
  1. 16-08-2023Annual accounts filed
  2. 21-10-2022Plan homologation
  3. 26-07-2022Annual accounts filed
Go to Timeline

Company details

Legal form
Private limited company
Year ends
31-12
Peppol
Still in the Peppol directory
Go to Company details

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