TIMMCO
ActiveTIMMCO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €752k and a net result of €101k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 67% of 10242 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
93
/ 100
Excellent▲ +4 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+31
Solvency97▼-2
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 2.45 in 2024), and 45.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
54.5%
Return on assets
7.3%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 30-04-2026, 92 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
92 d early
2024
29 d early
2023
44 d early
2022
26 d early
2021
75 d early
2020
66 d early
2019
53 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€752k▼ 1.1%
2024 · €760k
2018: €455k
2019: €536k
2020: €649k
2021: €790k
2022: €795k
2023: €755k
2024: €760k
2018 → 2025
Total assets
€1.38M▲ 11.5%
2024 · €1.24M
2018: €1.18M
2019: €1.29M
2020: €1.45M
2021: €1.32M
2022: €1.26M
2023: €1.24M
2024: €1.24M
2018 → 2025
Net result
€101k▲ 83.1%
2024 · €55k
2018: €176k
2019: €81k
2020: €314k
2021: €140k
2022: €5k
2023: €-40k
2024: €55k
2018 → 2025
Working capital
€664k▼ 3.6%
2024 · €689k
2018: €450k
2019: €528k
2020: €582k
2021: €707k
2022: €692k
2023: €672k
2024: €689k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€790k-€795k▲ 0.7%€755k▼ 5.0%€760k▲ 0.7%€752k▼ 1.1%
Operating result€197k-€14k▼ 93.0%€-31k€85k€151k▲ 77.3%
Net result€140k-€5k▼ 96.2%€-40k€55k€101k▲ 83.1%
Turnover and EBIT margin not published: the abbreviated 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 77% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.38M
Fixed assets
€87k▲ 23.2%
Current assets
€1.29M▲ 10.8%
Equity and liabilities €1.38M
Equity
€752k▼ 1.1%
Debt
€627k▲ 31.7%
The debt ratio rises from 38.5% to 45.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€170k▲
2024 · €103k
Cash flow
€120k▲
2024 · €73k
Solvency
54.5%▼
2024 · 61.5%
Current ratio
2.06▼
2024 · 2.45
Quick ratio
0.75▲
2024 · 0.72
Debt / equity
0.83▲
2024 · 0.63
ROE
13.5%▲
2024 · 7.3%
ROA
7.3%▲
2024 · 4.5%
Interest coverage
19.82▲
2024 · 13.82
Debt
€627k▲
2024 · €476k
Debt ≤ 1 year
€627k▲
2024 · €476k
Income taxes
€42k▲
2024 · €24k
Staff costs
€470k▼
2024 · €511k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.24M€1.38M▲
Fixed assets21/28€71k€87k▲
Tangible fixed assets22/27€71k€87k▲
Land and buildings22€60k€73k▲
Plant, machinery and equipment23-€5k
Furniture and vehicles24€11k€10k▼
Current assets29/58€1.17M€1.29M▲
Stocks and contracts in progress3€821k€823k▲
Stocks30/36€821k€823k▲
Amounts receivable within one year40/41€77k€84k▲
Trade receivables40€57k€70k▲
Other amounts receivable41€21k€13k▼
Cash at bank and in hand54/58€229k€346k▲
Deferred charges and accrued income490/1€39k€39k▼
Equity and liabilities
Total equity and liabilities10/49€1.24M€1.38M▲
Equity10/15€760k€752k▼
Contributions10/11€225k€225k=
Reserves13€535k€527k▼
Distributable reserves133€535k€527k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€476k€627k▲
Amounts payable within one year42/48€476k€627k▲
Financial debts43€41k€75k▲
Credit institutions430/8€41k€75k▲
Trade debts44€276k€352k▲
Suppliers440/4€276k€352k▲
Taxes, remuneration and social security45€109k€91k▼
Taxes450/3€42k€46k▲
Remuneration and social security454/9€67k€45k▼
Other amounts payable47/48€50k€110k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€511k€470k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€24k€9k▼
Gross operating margin9900€638k€648k▲
Operating profit (loss)9901€85k€151k▲
Financial income75/76B€1k€703▼
Recurring financial income75€1k€703▼
Financial charges65/66B€7k€9k▲
Recurring financial charges65€7k€9k▲
Profit (loss) for the period before taxes9903€79k€143k▲
Income taxes67/77€24k€42k▲
Profit (loss) for the period9904€55k€101k▲
Profit (loss) for the period to be appropriated9905€55k€101k▲
Appropriation of the result
Profit (loss) to be appropriated9906€55k€101k▲
Transfer from equity791/2€0€110k▲
Transfer to equity691/2€5k€101k▲
To other reserves6921€5k€101k▲
Profit to be distributed694/7€50k€110k▲
Return on contributions (dividend)694€50k€110k▲
Social balance
Average headcount (FTE)908712.411.9▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €55k
Net result €55k after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-40k ▼859%
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €314k ▲289%
Operating result €447k, net result €314k, both a record.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €500kEq €536k ▲17.7%
2 profitable years in a row build equity to €536k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Scherpenheuvel-Zichem · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Groenstraat(S) 493270 Scherpenheuvel-ZichemGround area
5,637 m²
Building footprint
1,062 m²
Volume, LiDAR
2,675 m³
2 parcels, Flanders · tallest building 5.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BRICO
since 20072.162.888.479
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24101D0128/00W004indicative | Flanders | 3,149 m² | 1 · 871 m² | 5.5 m · 1 fl. |
| 24403C0111/00N000 | Flanders | 2,488 m² | 1 · 191 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 12,495 EUR awarded · 12,495 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1 EUR | 1 EUR |
| 2024 | 2 | 4,661 EUR | 4,661 EUR |
| 2023 | 1 | 3,771 EUR | 3,771 EUR |
| 2022 | 1 | 4,062 EUR | 4,062 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteTielt-Winge2.162.888.479
Dual-learning approval
2 endedSimilar companies · same sector, comparable size
SYNCRO STELLINGEN
BE 0878.972.824
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AEDIFICO
BE 0434.611.567
Gent · Eq €754k
MATERIAUX DELCOURT
BE 0463.789.266
Bernissart · Eq €749k
THEUNISSEN
BE 0417.732.775
Genk · Eq €756k
LASENCO
BE 0695.792.381
Sint-Martens-Latem · Eq €757k
Of 1,708 companies in sector 47521 we hold annual accounts for 1,275. 978 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2007
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
52462
47552Retail sale of lighting equipment
47592Retail trade
52442
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.