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Complete company report
Generated 10-07-2026
Active BE 0658.808.855Private limited company

TIMMARK

Rozenlaan 6 ·1910 Kampenhout, Belgium· 10 yrs active
Sector: Specialised construction (43240)
Conclusion Checked

The computed 12-month bankruptcy probability of TIMMARK is 1.0% (low). The 2025 annual accounts show equity of €44k and a net result of €10k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 47% of 2849 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.
Key figures
Equity €44k
Net result €10k
Better than sector 47%
Active 10 yrs
Snowflake analysis 5 axes · computed by Checked
Health81Profitability100Solvency69Growth52Stability100
80 / 100

Exceptional profile, strong across almost every axis.

Health 81
Profitability 100
Solvency 69
Growth 52
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
1.0% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Established
Founded in 2016, 10 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
81 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview9 NBB filings
Annual accounts filed on 01-06-2026 with the NBB · fiscal year 2025 · micro
€-10k€0€10k€20k€30kOperating result 2021: €3k€3kNet result 2021: €-259€-259Operating result 2022: €-4k€-4kNet result 2022: €-4k€-4kOperating result 2023: €3k€3kNet result 2023: €-843€-843Operating result 2024: €33k€33kNet result 2024: €24k€24kOperating result 2025: €14k€14kNet result 2025: €10k€10k20212022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 8 fiscal years (±0.3%/year).
€0€20k€40k2026: €18k (€7k - €28k)2027: €17k (€885 - €34k)2028: €17k (€0 - €40k)2018: €22k2019: €22k2020: €15k2021: €14k2022: €10k2023: €9k2024: €33k2025: €44k20182019202020212022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 40.6% 43.4%
better than 47% of 2849 sector peers
Net result €10k €14k
better than 44% of 2848 sector peers
Equity €44k €44k
better than 50% of 2849 sector peers
Gross operating margin €31k €39k
better than 42% of 2846 sector peers
Total assets €107k €114k
better than 47% of 2849 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€29k
-24.1% +86% vs sector
Net profit
€10k
-56.3% far above sector median
Cash flow
€26k
-11.1% +79% vs sector
Total assets
€107k
-20.5% +54% vs sector
Equity
€44k
+31.2% +44% vs sector
Working capital
€20k
-20.0% far above sector median
Employees (FTE)
1
0.0% -57% vs sector
Staff costs
€8k
-46.5% -94% vs sector
Income taxes
€4k
-61.0% -88% vs sector
Debt
€64k
-37.4% +22% vs sector
Debt ≤ 1y
€64k
-37.4% +40% vs sector
Debt > 1y
€17k
-27.2% +138% vs sector
Current ratio
1.31
+5.5% +29% vs sector
Quick ratio
1.31
+5.5% +31% vs sector
Solvency
40.6%
+65.2% +65% vs sector
Debt / equity
1.46
-52.3% -52% vs sector
ROE
23.8%
-66.7% +203% vs sector
ROA
9.7%
-45.1% +174% vs sector
Interest coverage
63.71
-2.2% far above sector median
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€29k
Net profit€10k
Cash flow€26k
Staff costs-
Income taxes€4k
Dividends-
Total assets€107k
Equity€44k
Debt€64k
of which ≤ 1y€64k
of which > 1y-
Working capital€20k
Employees (FTE)-
Ratios (computed)
2025
Current ratio1.31
Quick ratio1.31
Working capital ratio18.6%
Solvency40.6%
Debt / equity1.46
Long-term debt ratio-
Interest coverage63.71
Gross margin-
Net margin-
ROA9.7%
ROE23.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€107k
Fixed assets 21/28€24k
Tangible fixed assets 22/27€24k
Current assets 29/58€84k
Amounts receivable within one year 40/41€67k
Cash & bank 54/58€17k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€107k
Equity 10/15€44k
Contributions / capital 10/11€6k
Reserves 13€2k
Accumulated profits (losses) 14€35k
Amounts payable 17/49€64k
Amounts payable within one year 42/48€64k
Trade debts payable within one year 44€39k
Income statement
Gross operating margin 9900€31k
Operating result 9901€14k
Financial income 75€638
Financial charges 65€457
Result before taxes 9903€14k
Income taxes 67/77€4k
Net result for the period 9904€10k
Result to be appropriated 9905€10k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Specialised construction(43240)
Legal form Private limited company(610)
Incorporation07-07-2016
StatusActive
Postal code1910
Establishment units 1 location
TIMMARK
Gevaertstraat 10, 1800 VilvoordeIsolatiewerkzaamheden
since 20162.254.964.245
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23008D0680/00D020 Flanders 858 m² 1 · 143 m² 5.4 m · 1 fl.
23643G0485/00C002 Flanders 262 m² 1 · 115 m² 14.8 m · 4 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
01-06-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2025
30-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
18-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
28-08-2023
State Gazette act Registered-office change
13-06-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
10-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
14-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
24-06-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
17-05-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
30-05-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
Belgisch Staatsblad, acts 1 acts
Address history · 1
28-08-2023
Registered-office move
All acts · 1 updated 2 years ago
2023
28-08-2023 Registered office moved from Vilvoorde to Kampenhout Registered-office change
  • Gevaertstraat 10, 1800 Vilvoorde → Rozenlaan 6, 1910 Kampenhout
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Rozenlaan 6,\n1910 Kampenhout",
        "city": "Kampenhout",
        "region": "vlaams_gewest",
        "street": "Rozenlaan",
        "country": "BE",
        "postcode": "1910",
        "box_number": null,
        "street_number": "6",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Gevaertstraat 10,\n1800 Vilvoorde",
        "city": "Vilvoorde",
        "region": "vlaams_gewest",
        "street": "Gevaertstraat",
        "country": "BE",
        "postcode": "1800",
        "box_number": null,
        "street_number": "10",
        "locality_suffix": null
      },
      "effective_date": "2023-01-20",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2023-08-18",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2023-01-20",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0658.808.855",
    "name_full": "Timmark",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Oleg Dicev",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [
    "Bijlagen-bij-het-Be\u0142giseh Staatsblad---28/08/2023~-Annexes du-Moniteur belge"
  ]
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank
Activities
Overige bouwinstallatie43240Overige bouwinstallatie, n.e.g.43299Stukadoorswerk43310Stukadoorswerk43310Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390Metselwerk43910Gevelreiniging43992Uitvoeren van metsel- en voegwerken43994Overige dienstverlenende activiteiten op het gebied van informatie63920Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.63990Interieurarchitecten71112Activiteiten van interieurarchitecten71112Overige reiniging van gebouwen; industriële reiniging81220
Primary activity highlighted.
Names & trade names
Legal nameNL TIMMARK
Registered office
Rozenlaan 6
1910 Kampenhout, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative