Skip to content

TIMMERMAN TIMBRE

Active
Public limited companyfounded 20241 yr activeKleitkalseide 40, 9990 Maldegem, BelgiumKBO/BCE: BE 1017.726.671
Summary

The computed 12-month bankruptcy probability of TIMMERMAN TIMBRE is 2.0% (moderate). The 2025 annual accounts show negative equity (-€75,922) and a net result of -€137,422. Its solvency ranks better than 5% of 2204 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Joinery installation
NACE 43320
1 site
How big
€495,633total assets 2025
Staff
0.4 FTE
Equity
-€75,922
Loss
-€137,422
Financially healthy?
51 Fair Checked score 2025
Bankruptcy chance 12 m
2.0%
Who decides
Largest shareholder
Timmerman Invest · 48.17%
Accounts 45 d early0 of 1 deed read
Why 51- Negative equity -€75,922- Sector Specialised construction activities (NACE 43)- Loss of €137,422 (FY 2025)+ Size: 0.4 FTE, total assets €495,633Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 6% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency 10
equity -15.3% of total assets
Liquidity 16
short-term debt 110.8% · cash 13.0%
Profitability 0
return on assets -27.7%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (46,941 companies)
  • Negative equity -€75,922 raises the probability
  • Size: 0.4 FTE, total assets €495,633 lowers the probability for this profile
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Loss of €137,422 (FY 2025) raises the probability
No credit on open account
Liquidity short (current ratio 0.61; short-term debt: 110.8% and cash: 13% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 6%, liquidity 9%, profitability 4%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity -€75,922
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: 0.4 FTE, total assets €495,633
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Loss of €137,422 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 16-06-2026, 45 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
45 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€75,922 View
  • Caution: Among the weakest 5% on solvencysector median 42.4% · 2,204 companies -15.3% View
  • Total assets 2025first fiscal year filed €495,633 View

By topic

Financials

Fiscal year
2025
Total assets
€495,633
Loss
-€137,422
Solvency
-15.3%
Go to Financials

Company details

Sites
1
Legal form
Public limited company
Activity
Joinery installationNACE 43320
Founded
20-12-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.