Timer-Tech
ActiveSummary
Timer-Tech has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44k and a net result of €32k. Equity is growing by ~55.3% per year across the filed fiscal years. Its solvency ranks better than 28% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+4
Solvency52▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.2 in 2024; short-term debt: 70.1% and cash: 56% of total assets), and 72.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.1%
Return on assets
19.7%
Age of the figures
9 mo
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 13-07-2026, 18 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
18 d early
2024
8 d early
2023
26 d late
2022
5 d early
2021
1 d early
2020
20 d early
2019
21 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€44k=
2024 · €44k
2018: €-9k
2019: €542
2020: €4k
2021: €12k
2022: €15k
2023: €27k
2024: €44k
2018 → 2025
Total assets
€164k▲ 37.3%
2024 · €119k
2018: €71k
2019: €89k
2020: €107k
2021: €100k
2022: €80k
2023: €88k
2024: €119k
2018 → 2025
Net result
€32k▲ 66.7%
2024 · €19k
2018: €8k
2019: €11k
2020: €5k
2021: €3k
2022: €-2k
2023: €13k
2024: €19k
2018 → 2025
Working capital
€18k▲ 24.6%
2024 · €14k
2018: €-45k
2019: €-54k
2020: €-38k
2021: €-14k
2022: €9k
2023: €15k
2024: €14k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12k-€15k▲ 24.4%€27k▲ 75.7%€44k▲ 66.6%€44k=
Operating result€4k-€2k▼ 58.9%€21k▲ 1,275%€32k▲ 52.2%€50k▲ 58.1%
Net result€3k-€-2k€13k€19k▲ 47.8%€32k▲ 66.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 58% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €164k
Fixed assets
€31k ▼ 9.5%
Current assets
€133k ▲ 56.1%
Equity and liabilities €164k
Equity
€44k =
Debt
€119k ▲ 59.5%
Debt's share of the balance-sheet total rises from 62.7% to 72.9%. Debt is higher.
Key figures and ratios
EBITDA
€59k▲
2024 · €37k
Cash flow
€41k▲
2024 · €25k
Current ratio
1.16▼
2024 · 1.20
Debt to equity
2.69▲
2024 · 1.68
ROE
72.6%▲
2024 · 43.6%
ROA
19.7%▲
2024 · 16.2%
Interest coverage
11.93▲
2024 · 8.31
Debt ≤ 1 year
€115k▲
2024 · €71k
Income taxes
€13k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€119k€164k▲
Fixed assets21/28€34k€31k▼
Tangible fixed assets22/27€34k€31k▼
Plant, machinery and equipment23€27k€21k▼
Furniture and vehicles24€7k€10k▲
Current assets29/58€85k€133k▲
Amounts receivable within one year40/41€53k€39k▼
Trade receivables40€48k€39k▼
Other amounts receivable41€5k€164▼
Cash at bank and in hand54/58€31k€92k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€119k€164k▲
Equity10/15€44k€44k=
Contributions10/11€19k€19k=
Reserves13€26k€26k=
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Distributable reserves133€24k€24k=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€75k€119k▲
Amounts payable within one year42/48€71k€115k▲
Trade debts44€743€1k▲
Suppliers440/4€743€1k▲
Taxes, remuneration and social security45€7k€5k▼
Taxes450/3€2k€3k▲
Remuneration and social security454/9€4k€2k▼
Other amounts payable47/48€63k€109k▲
Accrued charges and deferred income492/3€4k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€9k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€12k€0▼
Other operating charges640/8€1k€973▼
Gross operating margin9900€51k€60k▲
Operating profit (loss)9901€32k€50k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€27k€45k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€19k€32k▲
Profit (loss) for the period to be appropriated9905€19k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€32k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€18k€0▼
To other reserves6921€18k€0▼
Profit to be distributed694/7€2k€32k▲
Return on contributions (dividend)694€2k€32k▲
The notes to these accounts (9 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
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €32k ▲66.7%
Operating result €50k, net result €32k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
26-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Hulshout · 1 establishment unit since 2016
Ground area
1,101 m²
Building footprint
205 m²
Volume, LiDAR
946 m³
Parcel 13050B0323/00N000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Timer-Tech
since 20162.251.853.812
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13050B0323/00N000 | Flanders | 1,101 m² | 1 · 205 m² | 7.6 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 75 EUR awarded · 75 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 75 EUR | 75 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,320. 8,438 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
70200Business and other management consultancy
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.