TIMMERMANS - MICHIELS
ActiveThe computed 12-month bankruptcy probability of TIMMERMANS - MICHIELS is 2.4% (moderate). The 2025 annual accounts show equity of €13k and a net result of €9k. Its solvency ranks better than 35% of 11209 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+41
Solvency47▲+14
Growth78
Track record82
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.72 against 3.99 in 2024; short-term debt: 35.6% and cash: 10.7% of total assets), but 77.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
22.1%
Return on assets
16.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
7 d late
2024
26 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€13k▲ 314%
2024 · €3k
2024: €3k
2024 → 2025
Total assets
€57k▲ 57.3%
2024 · €36k
2024: €36k
2024 → 2025
Net result
€9k▲ 32,354%
2024 · €29
2024: €29
2024 → 2025
Working capital
€35k▲ 28.8%
2024 · €27k
2024: €27k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€3k-€13k▲ 314%
Operating result€86-€12k▲ 14,071%
Net result€29-€9k▲ 32,354%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 14,071% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57k
Fixed assets
€2k
Current assets
€55k
Equity and liabilities €57k
Equity
€13k▲ 314%
Debt
€44k▲ 33.8%
The debt ratio falls from 91.6% to 77.9%. Equity and debt are higher.
Key figures and ratios
Solvency
22.1%▲
2024 · 8.4%
Current ratio
2.72▼
2024 · 3.99
Quick ratio
2.35▼
2024 · 3.42
Debt / equity
3.53▼
2024 · 10.90
ROE
75.8%▲
2024 · 1.0%
ROA
16.7%▲
2024 · 0.1%
Debt
€44k▲
2024 · €33k
Debt ≤ 1 year
€20k▲
2024 · €9k
Debt > 1 year
€24k=
2024 · €24k
Income taxes
€2k▲
2024 · €7
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€36k€57k▲
Fixed assets21/28-€2k
Financial fixed assets28-€2k
Current assets29/58€36k€55k▲
Stocks and contracts in progress3€5k€8k▲
Stocks30/36€5k€8k▲
Amounts receivable within one year40/41€9k€41k▲
Trade receivables40€9k€39k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€22k€6k▼
Equity and liabilities
Total equity and liabilities10/49€36k€57k▲
Equity10/15€3k€13k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€29€10k▲
Amounts payable17/49€33k€44k▲
Amounts payable after more than one year17€24k€24k=
Financial debts170/4€24k€24k=
Amounts payable within one year42/48€9k€20k▲
Current portion of amounts payable after more than one year42€6k€6k=
Trade debts44€3k€10k▲
Suppliers440/4€3k€10k▲
Taxes, remuneration and social security45€38€2k▲
Taxes450/3€38€2k▲
Other amounts payable47/48-€2k
Income statement
Code20242025
Gross operating margin9900€86€12k▲
Operating profit (loss)9901€86€12k▲
Financial income75/76B€0€316▲
Recurring financial income75€0€316▲
Financial charges65/66B€50€696▲
Recurring financial charges65€50€696▲
Profit (loss) for the period before taxes9903€37€12k▲
Income taxes67/77€7€2k▲
Profit (loss) for the period9904€29€9k▲
Profit (loss) for the period to be appropriated9905€29€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29€10k▲
Profit (loss) brought forward from the previous period14P-€29
The notes to these accounts (4 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
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Pieters-Woluwe · 2 establishment units since 2024
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.
Sint-Michielslaan 12/221150 Sint-Pieters-WoluweGround area
4,896 m²
Building footprint
2,169 m²
Volume, LiDAR
16,808 m³
2 parcels, Brussels, Flanders · tallest building 29.5 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
TIMMERMANS - MICHIELS
since 20242.365.236.914
TIMMERMANS - MICHIELS
since 20242.365.237.013
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23025B0051/00D000 | Flanders | 4,156 m² | 1 · 1,608 m² | 7.8 m · 2 fl. |
| 21019A0215/00C013 | Brussels | 740 m² | 1 · 562 m² | 29.5 m · 5 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
DISTRIMAG
BE 1007.863.652
Charleroi · Eq €12k
Deva Interieur
BE 0829.389.194
Zutendaal · Eq €12k
FORINTEC INTERNATIONAL
BE 0427.715.659
Niel · Eq €12k
G.T.S. GENERAL TOOL SERVICE
BE 0475.994.836
Bree · Eq €14k
PUR O
BE 0524.947.964
Mechelen · Eq €14k
Of 504 companies in sector 46841 we hold annual accounts for 365. 55 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-10-2024
Fiscal year end31-12
Activities, NACEBEL
46841Wholesale trade
23910Manufacture of other non-metallic mineral products
46869Wholesale trade
47120Other non-specialised retail sale
47910Retail trade
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.