TIMLIAM
ActiveSummary
The computed 12-month bankruptcy probability of TIMLIAM is 3.3% (moderate). The 2025 annual accounts show equity of €117,233 and a net result of €48,235. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 13560 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+6
Solvency49▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.39 in 2024; short-term debt: 45.5% and cash: 1.8% of total assets), and 75.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.2%
Return on assets
10%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
8 d early
2024
68 d late
2023
7 d early
2022
58 d late
2021
31 d late
2020
5 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€117,233▲ 20.2%
2024 · €97,569
Total assets
€483,545▲ 11.6%
2024 · €433,427
Net result
€48,235▲ 117%
2024 · €22,215
Working capital
-€110,949▼ 21.6%
2024 · -€91,244
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€52,912▲ 102%€39,076▼ 26.1%€38,397▼ 1.7%€49,651▲ 29.3%€89,931▲ 81.1%
Net result€41,265above the sector's middle half▲ 131%€22,717above the sector's middle half▼ 44.9%€16,242within the sector's middle half▼ 28.5%€22,215within the sector's middle half▲ 36.8%€48,235above the sector's middle half▲ 117%
Equity€77,660above the sector's middle half▲ 113%€96,626above the sector's middle half▲ 24.4%€112,869above the sector's middle half▲ 16.8%€97,569above the sector's middle half▼ 13.6%€117,233above the sector's middle half▲ 20.2%
Total assets€347,866above the sector's middle half▲ 59.7%€438,447above the sector's middle half▲ 26.0%€461,091above the sector's middle half▲ 5.2%€433,427above the sector's middle half▼ 6.0%€483,545above the sector's middle half▲ 11.6%
Debt€270,205▲ 48.9%€341,821▲ 26.5%€348,222▲ 1.9%€335,858▼ 3.6%€366,312▲ 9.1%
Working capital-€144,467▼ 71.2%-€159,034▼ 10.1%-€159,889▼ 0.5%-€91,244▲ 42.9%-€110,949▼ 21.6%
Solvency22.3%within the sector's middle half▲ 5.6pp22.0%within the sector's middle half▼ 0.3pp24.5%within the sector's middle half▲ 2.4pp22.5%within the sector's middle half▼ 2.0pp24.2%within the sector's middle half▲ 1.7pp
Staff (FTE)1.82.94.2▲ 44.8%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 81% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €483,545
Fixed assets
€374,663 ▼ 0.4%
Current assets
€108,882 ▲ 89.8%
Equity and liabilities €483,545
Equity
€117,233 ▲ 20.2%
Debt
€366,312 ▲ 9.1%
Debt's share of the balance-sheet total falls from 77.5% to 75.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€178,593▲
2024 · €140,718
Cash flow
€136,897▲
2024 · €113,282
Current ratio
0.50▲
2024 · 0.39
Quick ratio
0.29▲
2024 · 0.23
Debt to equity
3.12▼
2024 · 3.44
ROE
41.1%▲
2024 · 22.8%
ROA
10.0%▲
2024 · 5.1%
Interest coverage
8.14▲
2024 · 7.10
Debt ≤ 1 year
€219,831▲
2024 · €148,603
Debt > 1 year
€146,481▼
2024 · €187,255
Income taxes
€19,846▲
2024 · €7,938
Staff costs
€182,788▲
2024 · €119,458
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,706 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,706 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,629 | €25,149 | €1,574 | ▼ 93.7% |
| Remuneration, social security and pensions62 | €33,866 | €154,064 | €120,485 | €119,458 | €182,788 | ▲ 53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,541 | €62,489 | €81,574 | €91,068 | €88,662 | ▼ 2.6% |
| Other operating charges640/8 | €2,020 | €2,586 | €2,748 | €6,372 | €1,894 | ▼ 70.3% |
| Non-recurring operating charges66A | - | - | €2,271 | €1,094 | €0 | ▼ 100% |
| Gross operating margin9900 | €129,338 | €258,214 | €245,475 | €267,642 | €363,275 | ▲ 35.7% |
| Operating profit (loss)9901 | €52,912 | €39,076 | €38,397 | €49,651 | €89,931 | ▲ 81.1% |
| Financial income75/76B | €39 | €265 | €39 | €327 | €94 | ▼ 71.4% |
| Recurring financial income75 | €39 | €265 | €39 | €327 | €94 | ▼ 71.4% |
| Financial charges65/66B | €11,482 | €14,999 | €16,747 | €19,826 | €21,943 | ▲ 10.7% |
| Recurring financial charges65 | €11,482 | €14,999 | €16,747 | €19,826 | €21,943 | ▲ 10.7% |
| Profit (loss) for the period before taxes9903 | €41,469 | €24,341 | €21,689 | €30,152 | €68,082 | ▲ 126% |
| Income taxes67/77 | €204 | €1,624 | €5,447 | €7,938 | €19,846 | ▲ 150% |
| Profit (loss) for the period9904 | €41,265 | €22,717 | €16,242 | €22,215 | €48,235 | ▲ 117% |
| Profit (loss) for the period to be appropriated9905 | €41,265 | €22,717 | €16,242 | €22,215 | €48,235 | ▲ 117% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €347,866 | €438,447 | €461,091 | €433,427 | €483,545 | ▲ 11.6% |
| Fixed assets21/28 | €319,322 | €385,739 | €407,929 | €376,068 | €374,663 | ▼ 0.4% |
| Intangible fixed assets21 | €50,901 | €40,191 | €29,481 | €18,771 | €8,061 | ▼ 57.1% |
| Tangible fixed assets22/27 | €268,420 | €345,548 | €377,448 | €356,296 | €365,602 | ▲ 2.6% |
| Land and buildings22 | €197,090 | €241,601 | €283,450 | €263,055 | €239,517 | ▼ 8.9% |
| Plant, machinery and equipment23 | €27,892 | €19,402 | €12,623 | €3,922 | €4,893 | ▲ 24.8% |
| Furniture and vehicles24 | €43,438 | €84,545 | €81,374 | €89,319 | €121,191 | ▲ 35.7% |
| Financial fixed assets28 | - | - | €1,000 | €1,000 | €1,000 | = |
| Current assets29/58 | €28,544 | €52,708 | €53,162 | €57,360 | €108,882 | ▲ 89.8% |
| Stocks and contracts in progress3 | €5,318 | €22,868 | €24,290 | €23,216 | €46,027 | ▲ 98.3% |
| Stocks30/36 | €5,318 | €22,868 | €24,290 | €23,216 | €46,027 | ▲ 98.3% |
| Amounts receivable within one year40/41 | €7,099 | €11,718 | €1,852 | €25,763 | €49,456 | ▲ 92.0% |
| Trade receivables40 | €301 | €2,942 | €45 | €554 | €0 | ▼ 100% |
| Other amounts receivable41 | €6,799 | €8,776 | €1,807 | €25,209 | €49,456 | ▲ 96.2% |
| Cash at bank and in hand54/58 | €14,399 | €17,711 | €22,432 | €7,911 | €8,875 | ▲ 12.2% |
| Deferred charges and accrued income490/1 | €1,728 | €412 | €4,587 | €469 | €4,524 | ▲ 864% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €347,866 | €438,447 | €461,091 | €433,427 | €483,545 | ▲ 11.6% |
| Equity10/15 | €77,660 | €96,626 | €112,869 | €97,569 | €117,233 | ▲ 20.2% |
| Contributions10/11 | €18,560 | €18,560 | €18,560 | €18,560 | €18,560 | = |
| Outside capital11 | €18,560 | €18,560 | €18,560 | - | - | - |
| Other1109/19 | €18,560 | €18,560 | €18,560 | - | - | - |
| Reserves13 | €59,100 | €78,066 | €94,309 | €79,009 | €98,673 | ▲ 24.9% |
| Distributable reserves133 | €59,100 | €78,066 | €94,309 | €79,009 | €98,673 | ▲ 24.9% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €270,205 | €341,821 | €348,222 | €335,858 | €366,312 | ▲ 9.1% |
| Amounts payable after more than one year17 | €97,194 | €130,079 | €135,172 | €187,255 | €146,481 | ▼ 21.8% |
| Financial debts170/4 | €97,194 | €130,079 | €135,172 | €187,255 | €146,481 | ▼ 21.8% |
| Amounts payable within one year42/48 | €173,012 | €211,742 | €213,050 | €148,603 | €219,831 | ▲ 47.9% |
| Current portion of amounts payable after more than one year42 | €31,254 | €44,478 | €45,085 | €57,676 | €75,119 | ▲ 30.2% |
| Financial debts43 | €6,538 | €1,338 | - | - | - | - |
| Credit institutions430/8 | €6,538 | €1,338 | - | - | - | - |
| Trade debts44 | €44,131 | €64,171 | €99,208 | €57,888 | €73,399 | ▲ 26.8% |
| Suppliers440/4 | €44,131 | €64,171 | €99,208 | €57,888 | €73,399 | ▲ 26.8% |
| Advances received on contracts in progress46 | €19,785 | - | - | €0 | - | - |
| Taxes, remuneration and social security45 | €7,499 | €32,621 | €18,664 | €33,039 | €51,314 | ▲ 55.3% |
| Taxes450/3 | €4,055 | €11,651 | €5,712 | €8,488 | €28,113 | ▲ 231% |
| Remuneration and social security454/9 | €3,444 | €20,970 | €12,952 | €24,551 | €23,201 | ▼ 5.5% |
| Other amounts payable47/48 | €63,804 | €69,134 | €50,094 | €0 | €20,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,265 | €22,717 | €16,242 | €22,215 | €48,235 | ▲ 117% |
| + Depreciation and write-downs630 | €40,541 | €62,489 | €81,574 | €91,068 | €88,662 | ▼ 2.6% |
| Operating cash flow (approximation) | €81,806 | €85,206 | €97,817 | €113,282 | €136,897 | ▲ 20.8% |
| Investment in fixed assets (approximation) | - | -€128,906 | -€103,764 | -€59,206 | -€87,257 | ▼ 47.4% |
| Change in cash | - | €3,311 | €4,721 | -€14,521 | €965 | ▲ 107% |
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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €48,235 ▲117%
Operating result €89,931, net result €48,235, both a record.
31-12
Financial
Equity above €100,000Eq €117,233 ▲20.2%
6 profitable years in a row build equity to €117,233.
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €16,242 ▼28.5%
Net result drops to €16,242, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100,000Eq €112,869 ▲16.8%
4 profitable years in a row build equity to €112,869.
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Ath · 1 establishment unit since 2019
Ground area
443 m²
Building footprint
125 m²
Parcel 57049C0073/00K004, Wallonia. Linked by address, not a title deed.
1 establishment unit
Le Petit Prince de Ligne
since 20192.294.745.826
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57049C0073/00K004 | Wallonia | 443 m² | 1 · 125 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAth2.294.745.826
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FLOVIER
BE 0751.526.009
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Ô PARFUM D'ASIE
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Charleroi · Eq €117,314
PIAZZA GRANDE
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Lennik · Eq €117,143
Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 9,393 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
Founded07-10-2019
Fiscal year end31-12
Trade name FR
Le Petit Prince de Ligne
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
82990Other business support services
85699Other educational support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0735789144
Also
9925:BE0735789144
Registered
21-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.