TIMIS CONSTRUCT
ActiveSummary
TIMIS CONSTRUCT has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,232 and a net result of €12,680. Equity is shrinking by about 6.3% per year across the filed financial years. Its solvency ranks better than 38% of 34,052 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Other specialised construction activities
NACE 43990
1 site
Size
€58,482total assets 2025
- Equity
- €21,232
- Profit
- €12,680
Turnover not published (micro format)
Structure
Accounts filed 20 days late1 of 4 deeds read
Why 68raises riskLatest accounts 20 days late; 1 of the last 3 lateSector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.49, cash €3,305, halvedlowers riskFounded in 2008Show the evidence
Checked score
Score 2025
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 35% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency
61-39
equity 36.3% of total assets
Liquidity
24-39
short-term debt 63.5% · cash 5.7%
Profitability
96-4
return on assets 21.7%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.7%
12-2024: 3.9%▲ +0.2 percentage points vs 11-2024highest value
01-2025: 3.6%▼ -0.3 percentage points vs 12-2024
02-2025: 2.5%▼ -1.1 percentage points vs 01-2025
03-2025: 2.4%▼ -0.1 percentage points vs 02-2025
04-2025: 2.4%● unchanged vs 03-2025
05-2025: 0.4%▼ -2.0 percentage points vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025lowest value
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.7%▲ +0.2 percentage points vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.7%● unchanged vs 07-2026
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.49, compared with 8.67 in 2024, below the usual 1.5; short-term debt: 63.5% and cash: 5.7% of total assets), and 63.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 38% on solvency, 13% on liquidity, 82% on profitability and 5% on growth.
The bankruptcy probability was computed on 12-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-05-2026, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
20 days late
2024
on the day
2023
265 days late
2022
2 days late
2021
24 days late
2020
10 days late
2019
12 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 48 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 20 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end13-10-2026 today30-04-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Resignation: Sinzian TIMIS (manager)Appointment: Sinzian TIMIS (director) ·…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (20 days) Filed on 20 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00118672.
Equity
€21,232▼ 76.0%
2024 · €88,552
Total assets
€58,482▼ 40.9%
2024 · €98,884
Net result
€12,680▼ 63.5%
2024 · €34,708
Working capital
€18,275▼ 76.9%
2024 · €79,282
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 59% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€15,887
2025
Net result€12,680
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€58,482
2025
Equity€21,232
2025
Debt€37,250
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€18,275
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)21.7%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency36.3%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.49
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€17,073-€38,998▲ 128%-€3,025€42,824-€23,999€38,375€15,887▼ 58.6%
Net result€13,376-€34,020above the sector's middle half▲ 154%-€1,146below the sector's middle half€32,739above the sector's middle half-€29,686below the sector's middle half€34,708above the sector's middle half€12,680within the sector's middle half▼ 63.5%
Equity€61,218-€55,238within the sector's middle half▼ 9.8%€44,092within the sector's middle half▼ 20.2%€76,830within the sector's middle half▲ 74.3%€47,144within the sector's middle half▼ 38.6%€88,552within the sector's middle half▲ 87.8%€21,232within the sector's middle half▼ 76.0%
Total assets€136,319-€105,114within the sector's middle half▼ 22.9%€110,920within the sector's middle half▲ 5.5%€116,998within the sector's middle half▲ 5.5%€92,118within the sector's middle half▼ 21.3%€98,884within the sector's middle half▲ 7.3%€58,482below the sector's middle half▼ 40.9%
Debt€75,101-€49,876▼ 33.6%€66,828▲ 34.0%€40,168▼ 39.9%€44,974▲ 12.0%€10,332▼ 77.0%€37,250▲ 261%
Working capital€53,494-€46,123within the sector's middle half▼ 13.8%€25,037within the sector's middle half▼ 45.7%€60,651within the sector's middle half▲ 142%€35,528within the sector's middle half▼ 41.4%€79,282within the sector's middle half▲ 123%€18,275within the sector's middle half▼ 76.9%
Solvency44.9%-52.6%within the sector's middle half▲ 7.6pp39.8%within the sector's middle half▼ 12.8pp65.7%within the sector's middle half▲ 25.9pp51.2%within the sector's middle half▼ 14.5pp89.6%above the sector's middle half▲ 38.4pp36.3%within the sector's middle half▼ 53.2pp
Current ratio1.89-2.14within the sector's middle half▲ 0.261.48within the sector's middle half▼ 0.662.79within the sector's middle half▲ 1.301.81within the sector's middle half▼ 0.988.67above the sector's middle half▲ 6.871.49within the sector's middle half▼ 7.18
Return on assets (ROA)9.8%-32.4%above the sector's middle half▲ 22.6pp-1.0%below the sector's middle half▼ 33.4pp28.0%above the sector's middle half▲ 29.0pp-32.2%below the sector's middle half▼ 60.2pp35.1%above the sector's middle half▲ 67.3pp21.7%above the sector's middle half▼ 13.4pp
above
within
below
the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58,482
Fixed assets
€3,064 ▼ 66.9%
Current assets
€55,418 ▼ 38.2%
Equity and liabilities €58,482
Equity
€21,232 ▼ 76.0%
Debt
€37,250 ▲ 261%
Debt's share of the balance-sheet total rises from 10.4% to 63.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€22,613▼
2024 · €45,129
Cash flow
€19,407▼
2024 · €41,462
Quick ratio
1.45▼
2024 · 8.54
Debt to equity
1.75▲
2024 · 0.12
ROE
59.7%▲
2024 · 39.2%
Interest coverage
33.48▲
2024 · 25.29
Debt ≤ 1 year
€37,143▲
2024 · €10,332
Income taxes
€7,125▲
2024 · €5,248
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95.3%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,695 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,391 | €7,703 | €11,468 | €11,770 | €11,893 | €6,755 | €6,726 | ▼ 0.4% |
| Other operating charges640/8 | - | - | €348 | €348 | €423 | €384 | €557 | ▲ 45.0% |
| Gross operating margin9900 | €25,464 | €47,089 | €8,790 | €54,942 | -€11,683 | €45,514 | €23,171 | ▼ 49.1% |
| Operating profit (loss)9901 | €17,073 | €38,998 | -€3,025 | €42,824 | -€23,999 | €38,375 | €15,887 | ▼ 58.6% |
| Financial income75/76B | - | - | €3,497 | €1,456 | €1,417 | €3,365 | €4,594 | ▲ 36.5% |
| Recurring financial income75 | €4,039 | €5,121 | €3,497 | €1,456 | €1,417 | €3,365 | €4,594 | ▲ 36.5% |
| Financial charges65/66B | - | - | €1,619 | €1,481 | €1,104 | €1,784 | €675 | ▼ 62.1% |
| Recurring financial charges65 | €799 | €962 | €1,619 | €1,481 | €1,104 | €1,784 | €675 | ▼ 62.1% |
| Profit (loss) for the period before taxes9903 | €20,313 | €43,157 | -€1,146 | €42,799 | -€23,686 | €39,955 | €19,806 | ▼ 50.4% |
| Income taxes67/77 | €6,938 | €9,137 | €0 | €10,060 | €6,000 | €5,248 | €7,125 | ▲ 35.8% |
| Profit (loss) for the period9904 | €13,376 | €34,020 | -€1,146 | €32,739 | -€29,686 | €34,708 | €12,680 | ▼ 63.5% |
| Profit (loss) for the period to be appropriated9905 | €13,376 | €34,020 | -€1,146 | €32,739 | -€29,686 | €34,708 | €12,680 | ▼ 63.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €136,319 | €105,114 | €110,920 | €116,998 | €92,118 | €98,884 | €58,482 | ▼ 40.9% |
| Fixed assets21/28 | €22,428 | €18,569 | €34,191 | €22,420 | €12,530 | €9,270 | €3,064 | ▼ 66.9% |
| Tangible fixed assets22/27 | €22,428 | €18,569 | €34,191 | €22,420 | €12,530 | €9,270 | €3,064 | ▼ 66.9% |
| Plant, machinery and equipment23 | - | - | €2,981 | €2,148 | €1,513 | €2,451 | €1,251 | ▼ 48.9% |
| Furniture and vehicles24 | - | - | €31,210 | €20,272 | €11,017 | €6,819 | €1,813 | ▼ 73.4% |
| Current assets29/58 | €113,891 | €86,545 | €76,730 | €94,578 | €79,588 | €89,614 | €55,418 | ▼ 38.2% |
| Amounts receivable after more than one year29 | - | - | €0 | - | - | - | - | - |
| Other amounts receivable291 | - | - | €0 | - | - | - | - | - |
| Stocks and contracts in progress3 | €1,163 | €935 | €1,418 | €1,418 | €1,418 | €1,418 | €1,418 | = |
| Stocks30/36 | - | - | €1,418 | €1,418 | €1,418 | €1,418 | €1,418 | = |
| Amounts receivable within one year40/41 | €80,614 | €50,191 | €70,521 | €84,521 | €57,956 | €76,518 | €49,757 | ▼ 35.0% |
| Trade receivables40 | - | - | €26,876 | €16,066 | €6,482 | €4,092 | €5,359 | ▲ 31.0% |
| Other amounts receivable41 | - | - | €43,646 | €68,454 | €51,474 | €72,426 | €44,398 | ▼ 38.7% |
| Cash at bank and in hand54/58 | €11,783 | €26,442 | €350 | €4,257 | €16,184 | €10,417 | €3,305 | ▼ 68.3% |
| Deferred charges and accrued income490/1 | - | - | €4,441 | €4,382 | €4,030 | €1,261 | €938 | ▼ 25.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €136,319 | €105,114 | €110,920 | €116,998 | €92,118 | €98,884 | €58,482 | ▼ 40.9% |
| Equity10/15 | €61,218 | €55,238 | €44,092 | €76,830 | €47,144 | €88,552 | €21,232 | ▼ 76.0% |
| Contributions10/11 | €8,300 | €0 | €8,300 | €8,300 | €8,300 | €15,000 | €15,000 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €51,058 | €45,078 | €33,932 | €66,670 | €36,984 | €71,692 | €4,372 | ▼ 93.9% |
| Amounts payable17/49 | €75,101 | €49,876 | €66,828 | €40,168 | €44,974 | €10,332 | €37,250 | ▲ 261% |
| Amounts payable after more than one year17 | €14,704 | €9,369 | €15,136 | €6,241 | €913 | - | - | - |
| Financial debts170/4 | - | - | €15,136 | €6,241 | €913 | - | - | - |
| Amounts payable within one year42/48 | €60,397 | €40,422 | €51,692 | €33,927 | €44,061 | €10,332 | €37,143 | ▲ 259% |
| Current portion of amounts payable after more than one year42 | - | - | €11,578 | €10,093 | €26,505 | €2,091 | €1,244 | ▼ 40.5% |
| Financial debts43 | - | - | €42 | €0 | - | - | - | - |
| Credit institutions430/8 | - | - | €42 | €0 | - | - | - | - |
| Trade debts44 | €45,865 | €13,815 | €27,980 | €11,774 | €16,382 | €3,692 | €7,788 | ▲ 111% |
| Suppliers440/4 | - | - | €27,980 | €11,774 | €16,382 | €3,692 | €7,788 | ▲ 111% |
| Taxes, remuneration and social security45 | - | - | €12,092 | €12,060 | €1,174 | €4,549 | €28,110 | ▲ 518% |
| Taxes450/3 | - | - | €12,092 | €12,060 | €1,174 | €4,549 | €28,110 | ▲ 518% |
| Remuneration and social security454/9 | - | - | €0 | €0 | €0 | - | - | - |
| Other amounts payable47/48 | - | - | €0 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €0 | - | - | - | €107 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,376 | €34,020 | -€1,146 | €32,739 | -€29,686 | €34,708 | €12,680 | ▼ 63.5% |
| + Depreciation and write-downs630 | €8,391 | €7,703 | €11,468 | €11,770 | €11,893 | €6,755 | €6,726 | ▼ 0.4% |
| Operating cash flow (approximation) | €21,767 | €41,723 | €10,321 | €44,509 | -€17,794 | €41,462 | €19,407 | ▼ 53.2% |
| Investment in fixed assets (approximation) | - | -€3,844 | -€27,089 | €0 | -€2,002 | -€3,494 | -€521 | ▲ 85.1% |
| Change in cash | - | €14,659 | -€26,092 | €3,907 | €11,927 | -€5,767 | -€7,112 | ▼ 23.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 20-05-2026 | 2026-00118672 |
| 30-09-2024 | micro format | 30-04-2025 | 2025-00081266 |
| 30-09-2023 | micro format | 20-01-2025 | 2025-00006776 |
| 30-09-2022 | micro format | 02-05-2023 | 2023-00078473 |
| 30-09-2021 | micro format | 24-05-2022 | 2022-20034966 |
| 30-09-2020 | micro format | 10-05-2021 | 2021-13800517 |
| 30-09-2019 | micro format | 12-05-2020 | 2020-12000032 |
| 30-09-2018 | micro format | 03-05-2019 | 2019-12300145 |
| 30-09-2017 | micro format | 05-04-2018 | 2018-09300423 |
| 30-09-2016 | full format | 10-04-2017 | 2017-09200352 |
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Of the 15,153 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,365. 5,230 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 1 of 4 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
20-05
NBB filing
Annual accounts filed
financial year 2025 · micro format · 20 days late
2025
23-07
Gazette deed
Resignation: Sinzian TIMIS (manager)Appointment: Sinzian TIMIS (director) · Shareholding · Power of attorney18 facts ▸
Gazette deed
Resignation: Sinzian TIMIS (manager)
Appointment: Sinzian TIMIS (director) · Shareholding · Power of attorney18 facts ▸
- General meeting, 18-07-2025
- Shareholding, 18-07-2025, 100
- Power of attorney, Michaelina de Radzitzky
- Legal-form conversion, “société à responsabilité limitée (SRL)” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital conversion, “compte de capitaux propres 'apports non appelés'” (deed in French)
- Reserve release, “suppression du compte de capitaux propres statutairement indisponible”, 16860.0 (deed in French)
- Amendment of the articles
- Capital
- Notarial mission, “mission d'établir et de signer la coordination des statuts, dépôt au dossier de la société” (deed in French)
- Director resignation, Sinzian TIMIS (manager)
- Director appointment, Sinzian TIMIS (director (not named in the articles))
- +6 further facts in this act
30-04
NBB filing
Annual accounts filed
financial year 2024 · micro format
20-01
NBB filing
Annual accounts filed
financial year 2023 · micro format · 265 days late
2024
30-09
Financial
Back to profitnet €34,708
Net result €34,708 after one loss-making year.
30-09
Financial
Liquidity more than quadruplescurrent ratio 8.67
Current ratio from 1.81 to 8.67; short-term debt falls from €44,061 to €10,332.
2023
30-09
Financial
Weakest financial yearnet -€29,686
Net result drops to -€29,686, the lowest in the series; recovery starts the following year.
02-05
NBB filing
Annual accounts filed
financial year 2022 · micro format · 2 days late
2022
30-09
Financial
Back to profitnet €32,739
Net result €32,739 after one loss-making year.
24-05
NBB filing
Annual accounts filed
financial year 2021 · micro format · 24 days late
2021
10-05
NBB filing
Annual accounts filed
financial year 2020 · micro format · 10 days late
2020
12-05
NBB filing
Annual accounts filed
financial year 2019 · micro format · 12 days late
Show earlier events
2019
03-05
NBB filing
Annual accounts filed
financial year 2018 · micro format · 3 days late
2018
05-04
NBB filing
Annual accounts filed
financial year 2017 · micro format
2017
10-04
NBB filing
Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 18 annual accounts filed, the latest 10 are here; all 18 are under Financials.
1 of 4 deeds read
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded25-02-2008
Financial year end30-09
Activities, NACEBEL 2025
43990Other specialised construction activities
43230Insulation installation
43240Other construction installation
43350Other building finishing work
43910Bricklaying and masonry work
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0895964551
Registered
25-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 13 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0895.964.551
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Jette · 1 establishment unit since 2008
Ground area
263 m²
Building footprint
217 m²
Building volume
1,984 m³
Parcel 21010B0160/00C007, Brussels · tallest building 11.2 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Timis Construct
since 2008unit no. 2.169.060.055
1 parcel
Brussels
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21010B0160/00C007 | Brussels | 263 m² | 1 · 217 m² | 11.2 m · 3 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Installation et travaux de rénovation, de plomberie, de chauffage, de sanitaire, d'électricité, restauration de façades, de chape, de faux…” (deed in French)
18 activities (deed in French)
- Installation et travaux de rénovation, de plomberie, de chauffage, de sanitaire, d'électricité, restauration de façades, de chape, de faux plafonds, de carrelage, de maçonnerie, de toiture, d’isolation thermique et acoustique, de conditionnement d'air, de ventilation et de panneaux solaires
- Travaux de finition, de plafonnage, de menuiserie, de peinture, de revêtement de sol et des murs, intérieurs et extérieurs et de cimentage
- Gros oeuvre et démolition
- Vente, importation et exportation de matériel de plomberie, de chauffage, d'électricité, conditionnement d'air, ventilation, énergie solaire
- Installation et vente de piscines privées, fontaines, jacuzzi, hammam, sauna, cuisine équipées
- Installation, vente, importation et exportation de cheminées décoratives et feux ouverts, de vitrerie
- Travaux de terrassement, creusement, comblement, nivellement de chantiers de construction, ouverture de tranchées et dérochement
- Drainage des chantiers de construction
- Montage d’éléments de structures métalliques non fabriqués
- Montage et démontage d’échafaudages et de platesformes de travail
- Travaux de rejointoiement
- Travaux d’isolation de canalisations de chauffage ou de réfrigération
- L’installation de stores et bannes
- Le nettoyage à la vapeur, le sablage et les activités analogues appliquées aux parties extérieures des bâtiments
- Le nettoyage industriel, intérieur de bâtiments de tous types, le nettoyage de vitres
- Déblayage des chantiers
- Location avec opérateur de matériel de construction
- Le ramonage des cheminées et des gaines de ventilation
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs, agences, ateliers, dépôts et succursales en Belgique et à l'étranger par simple…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, organe d'administration” (deed in French)“Sous réserve de ceux que la loi et les statuts réservent à l'assemblée générale, totalité des pouvoirs d'administration, faculté de déléguer” (deed in French)“Portée aux frais généraux, indépendamment des frais éventuels de représentation, voyages et déplacements, assemblée générale statuant à la…” (deed in French)“Peut révoquer en tout temps leurs mandats, organe d'administration détermine s'ils agissent seul ou conjointement” (deed in French)
- Director compensationWhether and how directors are paid for their mandate; the general meeting decides.
- “Gratuit ou rémunéré selon décision de l'assemblée générale” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Délivrés aux titulaires, à dater de leur inscription dans le registre des actions” (deed in French)“Courrier ordinaire ou e-mail, considérés comme donnant leur agrément” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Organe d'administration, chaque action confère un droit égal dans la répartition des bénéfices” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of March at 18:00
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- “E-mails, ordre du jour” (deed in French)
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Toute personne peut renoncer à la convocation, si elle est présente ou représentée à l'assemblée” (deed in French)“Titulaire de titres nominatifs inscrit dans le registre des titres nominatifs, droits afférents aux titres ne peuvent pas être suspendus” (deed in French)
- Meeting procedureHow the meeting runs, from opening to minutes.
- “Signées par un ou plusieurs membres de l'organe d'administration ayant le pouvoir de représentation, consignés dans un registre tenu au…” (deed in French)
- Adjournment ruleWhen the board may postpone a meeting; by law once, by three weeks.
- One provision in the deed
- Agenda ruleHow the agenda is set and who may add items to it.
- One provision in the deed
- Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
- “Procuration écrite, toute autre personne, actionnaire ou non” (deed in French)“Reste valable pour chaque assemblée générale suivante, mêmes points de l'ordre du jour” (deed in French)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Actions sans droit de vote selon dispositions légales” (deed in French)“Majorité des voix, quel que soit le nombre de titres représentés” (deed in French)
- Written votingWhether shareholders may vote in writing in advance, without attending.
- “Vote par écrit avant l'assemblée générale, reste valable pour chaque assemblée générale suivante” (deed in French)
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Rééligibles, 3” (deed in French)
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour les modifications aux statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur n'aurait été désigné, assemblée générale peut désigner un ou plusieurs liquidateurs et déterminer leurs pouvoirs…” (deed in French)
- Custody of recordsWhere the books and records are kept after liquidation, by law for at least five years.
- “Étude du notaire instrumentant, notaire instrumentant” (deed in French)