Summary
Timhobe is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €69k and a net result of €-177k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 73% of 2399 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 24-07-2026, 7 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
7 d early
2024
92 d late
2023
30 d late
2022
60 d late
2021
19 d early
2020
89 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€69k▼ 72.0%
2024 · €245k
2020: €6klowest in 6 years
2021: €12k▲ +80.3% vs 2020
2022: €143k▲ +1126% vs 2021
2023: €296k▲ +107% vs 2022highest in 6 years
2024: €245k▼ -17.2% vs 2023
2025: €69k▼ -72.0% vs 2024
2020 → 2025
Net result
€-177k▼ 246%
2024 · €-51k
2020: €5k
2021: €5k▼ -5.0% vs 2020
2022: €131k▲ +2429% vs 2021
2023: €153k▲ +16.7% vs 2022highest in 6 years
2024: €-51k▼ -133% vs 2023
2025: €-177k▼ -246% vs 2024lowest in 6 years
2020 → 2025
Total assets
€81k▼ 68.7%
2024 · €258k
2020: €154k
2021: €162k▲ +4.9% vs 2020
2022: €188k▲ +16.2% vs 2021
2023: €311k▲ +65.5% vs 2022highest in 6 years
2024: €258k▼ -17.0% vs 2023
2025: €81k▼ -68.7% vs 2024lowest in 6 years
2020 → 2025
Solvency
85.0%▼ 9.9pp
2024 · 95.0%
2020: 4.2%lowest in 6 years
2021: 7.2%▲ +71.9% vs 2020
2022: 76.1%▲ +955% vs 2021
2023: 95.2%▲ +25.2% vs 2022highest in 6 years
2024: 95.0%▼ -0.3% vs 2023
2025: 85.0%▼ -10.4% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€30k-€30k=€60k▲ 100%€60k=€45k▼ 25.0%
2021: €30klowest in 5 years
2022: €30k● 0.0% vs 2021lowest in 5 years
2023: €60k▲ +100% vs 2022highest in 5 years
2024: €60k● 0.0% vs 2023highest in 5 years
2025: €45k▼ -25.0% vs 2024
Equity€12k-€143k▲ 1,126%€296k▲ 107%€245k▼ 17.2%€69k▼ 72.0%
2021: €12klowest in 5 years
2022: €143k▲ +1126% vs 2021
2023: €296k▲ +107% vs 2022highest in 5 years
2024: €245k▼ -17.2% vs 2023
2025: €69k▼ -72.0% vs 2024
Operating result€8k-€2k▼ 72.1%€24k▲ 1,008%€17k▼ 30.8%€8k▼ 54.7%
2021: €8k
2022: €2k▼ -72.1% vs 2021lowest in 5 years
2023: €24k▲ +1008% vs 2022highest in 5 years
2024: €17k▼ -30.8% vs 2023
2025: €8k▼ -54.7% vs 2024
Net result€5k-€131k▲ 2,429%€153k▲ 16.7%€-51k€-177k▼ 246%
2021: €5k
2022: €131k▲ +2429% vs 2021
2023: €153k▲ +16.7% vs 2022highest in 5 years
2024: €-51k▼ -133% vs 2023
2025: €-177k▼ -246% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 55% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €81k
Equity
€69k ▼ 72.0%
Debt
€12k ▼ 7.1%
Debt's share of the balance-sheet total rises from 5.0% to 15.0%. Equity and debt are lower.
Key figures and ratios
ROE
-256.9%▼
2024 · -20.8%
ROA
-218.5%▼
2024 · -19.8%
Debt ≤ 1 year
€12k▲
2024 · €11k
Income taxes
€2k▼
2024 · €6k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€258k€81k▼
Fixed assets21/28€1-
Financial fixed assets28€1-
Affiliated companies280/1€1-
Participating interests280€1-
Current assets29/58€258k€81k▼
Amounts receivable within one year40/41€204k€3k▼
Trade receivables40€29k-
Other amounts receivable41€175k€3k▼
Cash at bank and in hand54/58€54k€78k▲
Equity and liabilities
Total equity and liabilities10/49€258k€81k▼
Equity10/15€245k€69k▼
Contributions10/11€1k€1k=
Reserves13€244k€68k▼
Distributable reserves133€244k€68k▼
Amounts payable17/49€13k€12k▼
Amounts payable within one year42/48€11k€12k▲
Trade debts44€154€257▲
Suppliers440/4€154€257▲
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€7k€9k▲
Other amounts payable47/48€4k€3k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Operating income70/76A€60k€45k▼
Turnover70€60k€45k▼
Operating charges60/66A€43k€37k▼
Services and other goods61€43k€37k▼
Other operating charges640/8€499€512▲
Operating profit (loss)9901€17k€8k▼
Financial income75/76B€5k€69k▲
Recurring financial income75€5k€69k▲
Income from current assets751€5k-
Non-recurring financial income76B-€69k
Financial charges65/66B€67k€251k▲
Recurring financial charges65€24€128▲
Other financial charges652/9€24€128▲
Non-recurring financial charges66B€67k€251k▲
Profit (loss) for the period before taxes9903€-45k€-175k▼
Income taxes67/77€6k€2k▼
Taxes670/3€6k€2k▼
Profit (loss) for the period9904€-51k€-177k▼
Profit (loss) for the period to be appropriated9905€-51k€-177k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€-177k▼
Transfer from equity791/2€51k€177k▲
From reserves792€51k€177k▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €30k | €30k | €60k | €60k | €45k | ▼ 25.0% |
| Turnover70 | €30k | €30k | €60k | €60k | €45k | ▼ 25.0% |
| Other operating income74 | - | €348 | - | - | - | - |
| Operating charges60/66A | €22k | €28k | €36k | €43k | €37k | ▼ 13.5% |
| Services and other goods61 | €22k | €28k | €35k | €43k | €37k | ▼ 13.7% |
| Other operating charges640/8 | €112 | €50 | €558 | €499 | €512 | ▲ 2.5% |
| Operating profit (loss)9901 | €8k | €2k | €24k | €17k | €8k | ▼ 54.7% |
| Financial income75/76B | - | €130k | €137k | €5k | €69k | ▲ 1,209% |
| Recurring financial income75 | - | €130k | €4k | €5k | €69k | ▲ 1,209% |
| Income from financial fixed assets750 | - | €130k | - | - | - | - |
| Income from current assets751 | - | - | €4k | €5k | - | - |
| Other financial income752/9 | - | - | €0 | - | - | - |
| Non-recurring financial income76B | - | - | €133k | - | €69k | - |
| Financial charges65/66B | €1k | €312 | €3 | €67k | €251k | ▲ 274% |
| Recurring financial charges65 | €1k | €312 | €3 | €24 | €128 | ▲ 431% |
| Debt charges650 | €1k | €312 | - | - | - | - |
| Other financial charges652/9 | €12 | - | €3 | €24 | €128 | ▲ 431% |
| Non-recurring financial charges66B | - | - | - | €67k | €251k | ▲ 274% |
| Profit (loss) for the period before taxes9903 | €6k | €132k | €161k | €-45k | €-175k | ▼ 287% |
| Income taxes67/77 | €1k | €499 | €7k | €6k | €2k | ▼ 68.4% |
| Taxes670/3 | €1k | €499 | €7k | €6k | €2k | ▼ 68.4% |
| Profit (loss) for the period9904 | €5k | €131k | €153k | €-51k | €-177k | ▼ 246% |
| Profit (loss) for the period to be appropriated9905 | €5k | €131k | €153k | €-51k | €-177k | ▼ 246% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €162k | €188k | €311k | €258k | €81k | ▼ 68.7% |
| Fixed assets21/28 | €134k | €134k | €67k | €1 | - | - |
| Financial fixed assets28 | €134k | €134k | €67k | €1 | - | - |
| Affiliated companies280/1 | €134k | €134k | €67k | €1 | - | - |
| Participating interests280 | €134k | €134k | €67k | €1 | - | - |
| Current assets29/58 | €28k | €54k | €244k | €258k | €81k | ▼ 68.7% |
| Amounts receivable within one year40/41 | €1k | €6k | €175k | €204k | €3k | ▼ 98.8% |
| Trade receivables40 | - | €6k | - | €29k | - | - |
| Other amounts receivable41 | €1k | €81 | €175k | €175k | €3k | ▼ 98.6% |
| Cash at bank and in hand54/58 | €26k | €48k | €65k | €54k | €78k | ▲ 43.8% |
| Deferred charges and accrued income490/1 | - | - | €4k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €162k | €188k | €311k | €258k | €81k | ▼ 68.7% |
| Equity10/15 | €12k | €143k | €296k | €245k | €69k | ▼ 72.0% |
| Contributions10/11 | €1k | €1k | €1k | €1k | €1k | = |
| Reserves13 | €11k | €142k | €295k | €244k | €68k | ▼ 72.3% |
| Distributable reserves133 | €11k | €142k | €295k | €244k | €68k | ▼ 72.3% |
| Amounts payable17/49 | €150k | €45k | €15k | €13k | €12k | ▼ 7.1% |
| Amounts payable after more than one year17 | €144k | €34k | - | - | - | - |
| Financial debts170/4 | €144k | €34k | - | - | - | - |
| Other loans174 | €144k | €34k | - | - | - | - |
| Amounts payable within one year42/48 | €4k | €9k | €13k | €11k | €12k | ▲ 6.2% |
| Trade debts44 | €664 | €6k | €800 | €154 | €257 | ▲ 67.0% |
| Suppliers440/4 | €664 | €6k | €800 | €154 | €257 | ▲ 67.0% |
| Taxes, remuneration and social security45 | €4k | €3k | €11k | €7k | €9k | ▲ 26.0% |
| Taxes450/3 | €4k | €3k | €11k | €7k | €9k | ▲ 26.0% |
| Other amounts payable47/48 | - | €102 | €1k | €4k | €3k | ▼ 34.0% |
| Accrued charges and deferred income492/3 | €2k | €2k | €2k | €2k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €131k | €153k | €-51k | €-177k | ▼ 246% |
| Operating cash flow (approximation) | €5k | €131k | €153k | €-51k | €-177k | ▼ 246% |
| Investment in fixed assets (approximation) | - | €0 | €67k | €67k | - | - |
| Change in cash | - | €22k | €17k | €-11k | €24k | ▲ 321% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-177k
Net result drops to €-177k, the lowest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 92 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Highest result since 2020net €153k ▲16.7%
Operating result €24k, net result €153k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 18.52
Current ratio from 5.75 to 18.52.
31-12
Financial
Equity above €200kEq €296k ▲107%
4 profitable years in a row build equity to €296k.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 60 days late
2022
31-12
Financial
Equity above €100kEq €143k ▲1,126%
3 profitable years in a row build equity to €143k.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 6.62
Current ratio from 1.54 to 6.62; short-term debt falls from €13k to €4k.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 89 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Pelt · 1 establishment unit since 2020
Ground area
1,757 m²
Building footprint
736 m²
Volume, LiDAR
3,688 m³
Parcel 72502E0102/00N136, Flanders · tallest building 37.1 m, ±2 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Timhobe
since 20202.304.602.016
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72502E0102/00N136 | Flanders | 1,757 m² | 1 · 736 m² | 37.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 11,335 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.