TIMFROST
TIMFROST has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.40M and a net result of €94k. The computed 12-month bankruptcy probability is 0.5% (low).
| Equity | €2.40M |
| Net result | €94k |
| Active | 29 yrs |
| Locations | 1 |
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Fiscal year | 2025 |
|---|---|
| Deposit | abbreviated schema |
| Revenue | - |
| EBITDA | €393k |
| Net profit | €94k |
| Cash flow | €300k |
| Staff costs | €-633 |
| Income taxes | €34k |
| Dividends | - |
| Total assets | €4.26M |
| Equity | €2.40M |
| Debt | €1.23M |
| of which ≤ 1y | €637k |
| of which > 1y | €574k |
| Working capital | €1.11M |
| Employees (FTE) | 0.0 |
| 2025 | |
|---|---|
| Current ratio | 2.74 |
| Quick ratio | 2.74 |
| Working capital ratio | 26.0% |
| Solvency | 56.4% |
| Debt / equity | 0.51 |
| Long-term debt ratio | 0.24 |
| Interest coverage | 5.87 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.2% |
| ROE | 3.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.26M |
| Fixed assets | 21/28 | €2.52M |
| Tangible fixed assets | 22/27 | €2.52M |
| Current assets | 29/58 | €1.75M |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €1.02M |
| Investments | 50/53 | €336k |
| Cash & bank | 54/58 | €264k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.26M |
| Equity | 10/15 | €2.40M |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €2.25M |
| Accumulated profits (losses) | 14 | €94k |
| Provisions & deferred taxes | 16 | €633k |
| Amounts payable | 17/49 | €1.23M |
| Amounts payable after one year | 17 | €574k |
| Amounts payable within one year | 42/48 | €637k |
| Trade debts payable within one year | 44 | €43k |
| Income statement | ||
| Gross operating margin | 9900 | €435k |
| Operating result | 9901 | €187k |
| Financial income | 75 | €8k |
| Financial charges | 65 | €67k |
| Result before taxes | 9903 | €128k |
| Income taxes | 67/77 | €34k |
| Net result for the period | 9904 | €94k |
| Result to be appropriated | 9905 | €94k |
| NACE primary | Opslag(52100) |
| Legal form | Public limited company(014) |
| Incorporation | 10-01-1997 |
| Status | Active |
| Postal code | 8020 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31403H0642/00G000 | Flanders | 8,401 m² | 1 · 7,330 m² | 15.6 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
30-04-2025 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": "proposal",
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-04-30",
"filing_date": "2025-04-22",
"act_kind_objet": "FUSIEVOORSTEL"
},
"decision": {
"body": null,
"act_date": null,
"unanimous": null
},
"conversion": null,
"detected_kind": "merger_absorption",
"report_waiver": {
"summary": "De bestuursorganen stellen voor afstand te doen van de opmaak van het fusieverslag, tussentijdse cijfers en melding van belangrijke wijzigingen aan de algemene vergaderingen.",
"articles": [
"12:24",
"7:179"
]
},
"restructuring": {
"parties": [
{
"kbo": "0459.649.049",
"name": "Timfrost",
"role": "absorbed",
"address": "Vliegweg 20, B-8020 Oostkamp",
"is_foreign": false,
"legal_form": "Naamloze vennootschap",
"is_new_company": false,
"jurisdiction_country": null
},
{
"kbo": "0460.974.088",
"name": "Timmerman Invest",
"role": "acquiring",
"address": "Vliegweg 20, B-8020 Oostkamp",
"is_foreign": false,
"legal_form": "Naamloze vennootschap",
"is_new_company": false,
"jurisdiction_country": null
}
],
"exchange_ratio": null,
"legal_articles": [
"12:2",
"12:24",
"12:24 2e alinea 1\u00B0",
"12:24 2e alinea 2\u00B0",
"12:24 2e alinea 3\u00B0",
"12:24 2e alinea 4\u00B0",
"12:24 2e alinea 5\u00B0",
"12:24 2e alinea 6\u00B0",
"12:24 2e alinea 8\u00B0",
"211 \u00A7 1 jo. 183bis W",
"206 \u00A7 2 WIB 1992",
"11 jo 18\u00A73 W.Btw",
"117 W.Reg. jo. 2.9.1"
],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": 2407,
"real_estate_included": true,
"patrimony_description": "Het gehele vermogen van de over te nemen vennootschap Timfrost NV, zowel de rechten als de verplichtingen, wordt overgenomen.",
"equity_transferred_eur": 2310324.78,
"accounting_effective_date": "2024-07-01"
},
"subject_company": {
"kbo": "0459.649.049",
"name_full": "Timfrost",
"legal_form": "Naamloze vennootschap"
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"summary_narrative": "Timmerman Invest NV overneemt Timfrost NV in een fusie door overneming. Het gehele vermogen van Timfrost, inclusief rechten en verplichtingen, wordt overgedragen aan Timmerman Invest. De fusie wordt wettelijk niet volledig vergoed in aandelen, wat leidt tot de uitgifte van 2.407 nieuwe aandelen. De verrichting wordt geacht boekhoudkundig te zijn verricht met ingang van 1 juli 2024.",
"co_filed_documents": [],
"detected_real_type": "fusion_proposal",
"referenced_correction": null,
"should_reroute_to_category": null
}| Legal nameNL | TIMFROST |