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Timfrost Cold Storage

Active
Private limited companyfounded 2024active for 2 yearsVliegweg 20, 8020 Oostkamp, BelgiumKBO/BCE: BE 1007.415.274
Summary

Timfrost Cold Storage has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €412,096 and a net result of €387,096. Its solvency ranks better than 38% of 889 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Official details

Source: KBO
Status
Active since 21-03-2024 Normal situation
Activity
Warehousing and storage NACE 52100and 3 others
Establishment unit
2.358.922.610 8020 Oostkamp, since 21-03-2024
Financial year end
30 June
Peppol
Reachable since 27-05-2025

Board and ownership

Board
  • Timmerman Invest NVDirector

Financial position

65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Annual accounts to 30-06-2025
Gross margin
€1.1m
Turnover
≈ €2.0m
estimated
Profit
€387,096
Equity
€412,096
Total assets
€1.6m
Employees on 30-06-2025
6
Score breakdownraises riskFounded in 2024Sector: Warehousing and support activities for transportation (NACE 52)lowers riskLiquidity: current ratio 0.82, cash €491,483Figures for financial year 2025 (filed on 30-01-2026)Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 55% of micro companies in warehousing and transport support (NACE 52)
Financial strength
Strong
Solvency 51
equity 25.9% of total assets
Liquidity 48
short-term debt 74.1% · cash 30.9%
Profitability 99
return on assets 24.3%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,304 companies, NACE 52, micro)
Last 24 months 04-2025: 3.6% 05-2025: 3.6%● unchanged vs 04-2025 06-2025: 3.7%▲ +0.1 percentage points vs 05-2025 07-2025: 4.0%▲ +0.3 percentage points vs 06-2025 08-2025: 4.2%▲ +0.2 percentage points vs 07-2025 09-2025: 4.6%▲ +0.4 percentage points vs 08-2025 10-2025: 4.6%● unchanged vs 09-2025 11-2025: 5.0%▲ +0.4 percentage points vs 10-2025highest value 12-2025: 4.8%▼ -0.2 percentage points vs 11-2025 01-2026: 4.8%● unchanged vs 12-2025 02-2026: 1.3%▼ -3.5 percentage points vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.2%▼ -0.1 percentage points vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026lowest value 08-2026: 1.2%● unchanged vs 07-2026lowest value 09-2026: 1.2%● unchanged vs 08-2026lowest value 10-2026: 1.3%▲ +0.1 percentage points vs 09-2026 11-2026: 1.3%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is insufficient, with a current ratio of 0.82, below 1. Short-term debt is 74.1% and cash 30.9% of total assets. 74.1% of the assets are financed with debt and provisions.
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 52, micro). It does better than 35% of them on solvency, 45% on liquidity and 86% on profitability.

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

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 0.82, cash €491,483
NBB · annual accounts
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
lowers risk · Figures for financial year 2025 (filed on 30-01-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
1 day early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Positive: Higher net result than 90% of companies in warehousing and transport supportsector median €31,686 · 886 companies €387,096 View

Recent changes

  1. · Gazette deed IncorporationStarting capital €25,000 · Appointment: TIMMERMAN Geert Patrick Iris (director)
All 2 events

Comparable companies

These companies have the same main activity as Timfrost Cold Storage: warehousing and storage (NACE 52100). They are comparable in size and age: total assets between €818,000 and €5.3m, founded between 2020 and 2025.

CompanyTotal assetsGross margin
Timfrost Cold Storage Oostkamp€1.6m€1.1m
GAS FILLING & STORAGE Geraardsbergen€2.0m€0.9m
Webship e-Fulfilment Anzegem€0.8m€0.6m
BREAK & BUILD Grâce-Hollogne€1.0m€1.3m
Vrieshuis Olen Olen€1.1m€0.5m
Katoen Natie Art Antwerpen€1.3m€0.8m
A - MODE STOCK Brugge€5.3m€0.7m
Full comparison

Key facts about Timfrost Cold Storage

What is the company number of Timfrost Cold Storage?
The company number of Timfrost Cold Storage is 1007.415.274. The VAT number is the same number with BE in front: BE 1007.415.274.
Where is Timfrost Cold Storage based?
The registered office is at Vliegweg 20, 8020 Oostkamp.Company details
What does Timfrost Cold Storage do?
According to the KBO register, the main activity is warehousing and storage (NACE 52100).
What is the legal form of Timfrost Cold Storage?
The legal form of Timfrost Cold Storage is Private limited company (BV).
When was Timfrost Cold Storage founded?
Timfrost Cold Storage was founded on 21-03-2024.
Is Timfrost Cold Storage still active?
Yes, Timfrost Cold Storage is an active enterprise in the KBO register.
How many employees does Timfrost Cold Storage have?
Timfrost Cold Storage had an average of 6.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Timfrost Cold Storage?
The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €1.1m and 1,584 comparable companies of the same size. It probably lies between €1.3m and €3.2m. It is a rough estimate.
Is Timfrost Cold Storage profitable?
In financial year 2025, Timfrost Cold Storage made a profit of €387,096.
Where can I find the annual accounts of Timfrost Cold Storage?
Timfrost Cold Storage filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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