TIMMERMANS - MICHIELS
ActiveSummary
The computed 12-month bankruptcy probability of TIMMERMANS - MICHIELS is 2.6% (moderate). The 2025 annual accounts show equity of €12,529 and a net result of €9,499. Its solvency ranks better than 36% of 13,716 sector peers (NACE 46, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 08-10-2024 Normal situation
- Activity
- Wholesale trade NACE 46841and 5 others
- Establishment units
- 2.365.236.914 1850 Grimbergen, since 08-10-2024
- 2.365.237.013 1150 Sint-Pieters-Woluwe, since 08-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 11-02-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.6%
- Gross margin
- €12,253
- ▲ 142×
- Turnover
- ≈ €150,000
- estimated
- Profit
- €9,499
- ▲ 325×
- Equity
- €12,529
- ▲ 314%
- Total assets
- €56,723
- ▲ 57.3%
- 2025 accounts filed 7 days after the deadline
Score breakdownraises riskFounded in 2024Size: total assets €56,7232 establishment unitslowers riskFigures for financial year 2025 (filed on 11-08-2026)Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 33% of them on solvency, 47% on liquidity, 71% on profitability and 98% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 2 accounts on average 17 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Recent changes
- · Gazette deed IncorporationStarting capital €3,000 · Appointment: DE BO Christophe Simon Marc Michel (director)
Comparable companies
These companies have the same main activity as TIMMERMANS - MICHIELS: wholesale trade (NACE 46841). They are comparable in size and age: total assets between €19,800 and €117,000, founded between 2020 and 2025.
| Company | Total assets | Gross margin |
|---|---|---|
| TIMMERMANS - MICHIELS Sint-Pieters-Woluwe | €56,723 | €12,253 |
| DAMBRA Merchtem | €78,292 | €34,458 |
| SFIX Machelen (Brab.) | €19,758 | €9,544 |
| SEP-INVEST Geel | €112,676 | €19,793 |
| PRO SCREW BELGIUM Beloeil | €117,431 | €38,374 |
| PSC Fasteners Wichelen | €103,994 | €16,352 |
| NOAH TRADING Jette | €94,071 | -€5,465 |
Key facts about TIMMERMANS - MICHIELS
- What is the company number of TIMMERMANS - MICHIELS?
- The company number of TIMMERMANS - MICHIELS is 1014.793.115. The VAT number is the same number with BE in front: BE 1014.793.115.
- Where is TIMMERMANS - MICHIELS based?
- The registered office is at Sint-Michielslaan 12/22, 1150 Sint-Pieters-Woluwe.Company details
- What does TIMMERMANS - MICHIELS do?
- According to the KBO register, the main activity is wholesale trade (NACE 46841).
- What is the legal form of TIMMERMANS - MICHIELS?
- The legal form of TIMMERMANS - MICHIELS is Private limited company (BV).
- When was TIMMERMANS - MICHIELS founded?
- TIMMERMANS - MICHIELS was founded on 08-10-2024.
- Is TIMMERMANS - MICHIELS still active?
- Yes, TIMMERMANS - MICHIELS is an active enterprise in the KBO register.
- What is the turnover of TIMMERMANS - MICHIELS?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €12,253 and 216 comparable companies (NACE 46). It probably lies between €74,000 and €390,000. It is a rough estimate.Financials
- Is TIMMERMANS - MICHIELS profitable?
- In financial year 2025, TIMMERMANS - MICHIELS made a profit of €9,499.
- Where can I find the annual accounts of TIMMERMANS - MICHIELS?
- TIMMERMANS - MICHIELS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TIMMERMANS - MICHIELS due?
- TIMMERMANS - MICHIELS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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