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TIMLIAM

Active Private limited companyfounded 2019active for 7 yearsRue de la Brasserie 14B, 7812 AthKBO/BCE: BE 0735.789.144

Lifetime

6 annual accounts with figures on one time axis
peak €363,275 (2025)
€363,275▲ 35.7%
peak €48,235 (2025)
€48,235▲ 117%
peak €117,233 (2025)
€117,233▲ 20.2%
€366,312▲ 9.1%
Board1 name since 2019
1 director
Documentsfilings and deeds
23-07-20268 days before the deadline
2025micro format
Gross margin from €267,642 to €363,275Result from €22,215 to €48,235Dividend €28,571Equity from €97,569 to €117,233

Key points

from the 2025 annual accounts

Equity

€117,233 ▲ 20.2%
97,5692024+48,235Profit-28,571Dividend117,2332025

TIMLIAM paid out €28,571 in dividends. That is 59% of the 2025 profit.

Turnover

≈ €870,000 estimated

The micro format states no turnover.

Debts

€366,312 76% of the balance sheet
Financial debts 40%Suppliers 20%Taxes and wages 14%Other 26%

Of this, €219,831 falls due within a year.

Staff

7 employees on 31-12-2025
632021332024512025

In 2025, 5 people joined and 1 left.

Filings

6 annual accounts 3 late
AprilJune31 JulyOctober202020222024

The 2024 accounts came latest: 68 days after the end of the period.

Position in the sector

€48,235

Higher net result than 88% of companies in food and beverage service. Sector median €4,675 · 18,476 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,715 companies had the same profile as TIMLIAM has now. Each dot stands for 17 companies, two years later.

95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,715 companies, not a prediction for TIMLIAM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 07-10-2019
  • deed of 09-10-2019
  • deed of 09-10-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0735789144
Incorporation Founding capital of €18,560 · Appointment: (director) · Capital contribution of €1,820 · published on 09-10-2019 · Gazette deed
First establishment Le Petit Prince de Ligne, Rue de la Brasserie 14, Ath
All 12 events

Comparable companies

same main activity, similar in size and age
Company
TIMLIAM Ath €483,545 €363,275 24.2% -
EVART Froidchapelle €494,661 €418,959 20.3% 9.3
LES GRIBAUMONTS Mons €445,185 €433,247 33.3% -
BC RUE NEUVE BRUSSEL Brussels €486,573 €380,835 35.3% 6.4
COOKIE'S Bruges €441,190 €375,381 7.3% -
Huize Nassau Lummen €496,735 €328,264 20.3% 8
Tangthai Mechelen €527,762 €358,163 38.1% -

These companies have the same main activity as TIMLIAM: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €441,000 and €528,000, founded between 2018 and 2020.

Official details

Source: KBO
Status
Active since 07-10-2019Normal situation
Activity
Full-service restaurantsNACE 56111and 3 others
Joint committee
302Hotels and catering · annual accounts 2025
Establishment unit
2.294.745.8267812 Ath, since 07-10-2019
Financial year end
31 December
Peppol
Reachable since 21-11-2025
Company details

Annual accounts 2025

€483,545▲ 11.6%
Employeeson 31-12-2025
7▲ 133%
Filing
Filed on 23-07-2026, 8 days before the end of the filing period
Financials

Insights on TIMLIAM

TIMLIAM files the micro format. That format states no turnover. The gross margin rose from €81,868 in 2020 to €363,275 in 2025.

The balance sheet grew most from 2021 to 2023 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TIMLIAM

What is the company number of TIMLIAM?
The company number of TIMLIAM is 0735.789.144. The VAT number is the same number with BE in front: BE 0735.789.144.
Where is TIMLIAM based?
The registered office is at Rue de la Brasserie 14B, 7812 Ath.Company details
What does TIMLIAM do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of TIMLIAM?
TIMLIAM is a private limited company (BV).
When was TIMLIAM founded?
TIMLIAM was founded on 07-10-2019.
Is TIMLIAM still active?
Yes, TIMLIAM is an active enterprise in the KBO register.
How many employees does TIMLIAM have?
TIMLIAM had an average of 4.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TIMLIAM fall under?
In its 2025 annual accounts, TIMLIAM states joint committee 302 (Hotels and catering).
What is the turnover of TIMLIAM?
The turnover in financial year 2025 is ≈ €870,000. This figure is estimated from the gross margin of €363,275 and 41 comparable companies (NACE 56111). It probably lies between €750,000 and €1.0m.
Is TIMLIAM profitable?
In financial year 2025, TIMLIAM made a profit of €48,235.
Where can I find the annual accounts of TIMLIAM?
TIMLIAM filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TIMLIAM due?
TIMLIAM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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