TIMDEL
ActiveTIMDEL has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €121k and a net result of €47k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 32% of 13061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency7▼-12
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.57 against 1.14 in 2024), and 91.3% 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 risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
46 d late
2023
6 d early
2022
5 d early
2021
3 d early
2020
29 d early
2019
21 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close14-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€121k▲ 63.3%
2024 · €74k
2019: €105k
2020: €78k
2021: €33k
2022: €64k
2023: €146k
2024: €74k
2019 → 2025
Total assets
€1.39M▲ 34.0%
2024 · €1.03M
2019: €238k
2020: €199k
2021: €176k
2022: €177k
2023: €235k
2024: €1.03M
2019 → 2025
Net result
€47k
2024 · €-72k
2019: €11k
2020: €-27k
2021: €-44k
2022: €31k
2023: €81k
2024: €-72k
2019 → 2025
Working capital
€-200k
2024 · €36k
2019: €48k
2020: €17k
2021: €20k
2022: €49k
2023: €109k
2024: €36k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€64k▲ 92.6%€146k▲ 126%€74k▼ 49.2%€121k▲ 63.3%
Operating result€-39k-€37k€86k▲ 133%€-54k€143k
Net result€-44k-€31k€81k▲ 163%€-72k€47k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €143k after a loss of €54k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.39M
Fixed assets
€1.12M▲ 49.5%
Current assets
€270k▼ 6.2%
Equity and liabilities €1.39M
Equity
€121k▲ 63.3%
Provisions
€35k
Debt
€1.23M▲ 28.1%
The debt ratio falls from 92.8% to 88.7%: equity grows faster than debt.
Key figures and ratios
EBITDA
€197k▲
2024 · €70k
Cash flow
€100k▲
2024 · €52k
Solvency
8.7%▲
2024 · 7.2%
Current ratio
0.57▼
2024 · 1.14
Quick ratio
0.53▼
2024 · 1.06
Debt / equity
10.15▼
2024 · 12.94
ROE
38.8%▲
2024 · -96.9%
ROA
3.4%▲
2024 · -6.9%
Interest coverage
3.21▼
2024 · 3.98
Debt
€1.23M▲
2024 · €959k
Debt ≤ 1 year
€469k▲
2024 · €251k
Debt > 1 year
€760k▲
2024 · €708k
Income taxes
€313
Staff costs
€22k▼
2024 · €54k
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€1.03M€1.39M▲
Fixed assets21/28€746k€1.12M▲
Tangible fixed assets22/27€743k€1.11M▲
Land and buildings22€52k€10k▼
Plant, machinery and equipment23€24k€23k▼
Furniture and vehicles24€20k€5k▼
Leasing and similar rights25€643k€1.07M▲
Other tangible fixed assets26€1k€474▼
Assets under construction and advance payments27€2k€0▼
Financial fixed assets28€3k€3k=
Current assets29/58€287k€270k▼
Stocks and contracts in progress3€22k€22k=
Stocks30/36€22k€22k=
Amounts receivable within one year40/41€201k€196k▼
Trade receivables40€118k€99k▼
Other amounts receivable41€83k€97k▲
Cash at bank and in hand54/58€10k€2k▼
Deferred charges and accrued income490/1€55k€50k▼
Equity and liabilities
Total equity and liabilities10/49€1.03M€1.39M▲
Equity10/15€74k€121k▲
Contributions10/11€168k€168k=
Reserves13-€141k
Tax-exempt reserves132-€141k
Profit (loss) carried forward14€-93k€-187k▼
Provisions and deferred taxes16-€35k
Deferred taxes168-€35k
Amounts payable17/49€959k€1.23M▲
Amounts payable after more than one year17€708k€760k▲
Financial debts170/4€708k€760k▲
Amounts payable within one year42/48€251k€469k▲
Current portion of amounts payable after more than one year42€179k€266k▲
Financial debts43€10k€10k▲
Credit institutions430/8€10k€10k▲
Trade debts44€52k€186k▲
Suppliers440/4€52k€186k▲
Taxes, remuneration and social security45€11k€7k▼
Taxes450/3€4k€4k▼
Remuneration and social security454/9€7k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€54k€22k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€124k€53k▼
Other operating charges640/8€9k€6k▼
Non-recurring operating charges66A-€12k
Gross operating margin9900€132k€237k▲
Operating profit (loss)9901€-54k€143k▲
Financial income75/76B€1€186▲
Recurring financial income75€1€186▲
Financial charges65/66B€17k€61k▲
Recurring financial charges65€17k€61k▲
Profit (loss) for the period before taxes9903€-72k€82k▲
Transfer from deferred taxes780-€2k
Transfer to deferred taxes680-€37k
Income taxes67/77-€313
Profit (loss) for the period9904€-72k€47k▲
Transfer from tax-exempt reserves789-€7k
Transfer to tax-exempt reserves689-€148k
Profit (loss) for the period to be appropriated9905€-72k€-94k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-93k€-187k▼
Profit (loss) brought forward from the previous period14P€-22k€-93k▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
31-03
Financial
Equity above €100kEq €121k ▲63.3%
Equity rises from €74k to €121k.
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
31-03
Financial
Weakest financial yearnet €-72k ▼188%
Net result drops to €-72k, the lowest in the series; recovery starts the following year.
2023
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2019net €81k ▲163%
Net result €81k, the highest in the series.
31-03
Financial
Equity above €100kEq €146k ▲126%
2 profitable years in a row build equity to €146k.
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €31k
Net result €31k after 2 loss-making years.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
09-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 9 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
02-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Bierbeek · 1 establishment unit since 1988
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.
Tiensesteenweg 279A3360 BierbeekGround area
1,674 m²
Building footprint
630 m²
Volume, LiDAR
3,503 m³
2 parcels, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TRAITEUR TIMMERMANS
since 19882.034.781.074
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24065B0024/00C004 | Flanders | 1,439 m² | 1 · 546 m² | 8.2 m · 2 fl. |
| 24065B0024/00D004 | Flanders | 234 m² | 1 · 84 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBierbeek2.034.781.074
Similar companies · same sector, comparable size
ZUGOE
BE 0842.020.871
Brussel · Eq €121k
BRASSERIE RAYMOND
BE 0891.490.574
Brugge · Eq €121k
UGLY DUCKLING
BE 0741.758.604
Knokke-Heist · Eq €121k
R.V.H.
BE 0842.268.024
Ath · Eq €121k
WORLD KITCHEN Kessel-Lo
BE 0741.383.569
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,312. 9,246 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-1988
Fiscal year end31-03
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
55522
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.