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TIMMERMANS ONTWIKKELING

Active
Private limited companyfounded 2020active for 6 yearsGrote Kerkstraat 11, 3680 Maaseik, BelgiumKBO/BCE: BE 0745.366.509
Summary

The computed 12-month bankruptcy probability of TIMMERMANS ONTWIKKELING is 11.5% (high). The 2024 annual accounts show equity of €57,863 and a net result of -€6,582. Equity has been growing by about 47% per year since 2021. Its solvency ranks better than 49% of 19,158 sector peers (NACE 68, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.

Overview

Official details

Source: KBO
Status
Active since 12-03-2020 Normal situation
Activity
Development of residential building projects NACE 68121
Establishment unit
2.300.553.849 3680 Maaseik, since 12-03-2020
Financial year end
31 December
Peppol
Reachable since 25-10-2025

Board and ownership

Board
  • Timmermans PaulDirector · since 12-03-2020

Financial position

30 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
11.5%
Annual accounts 2024
Gross margin
-€3,764
Loss
€6,582
Equity
€57,863
▼ 10.2%
Total assets
€190,634
▲ 114%
  • 2025 accounts not filed, 94 days past the deadline
Turnover not published (micro format)
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 340 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 06-07-2026)Liquidity: current ratio 1.44, cash €0lowers riskSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 29% of micro companies in real estate (NACE 68)
Financial strength · tick: 2023
Weak
Solvency 55-42
equity 30.4% of total assets
Liquidity 13-65
short-term debt 69.6% · cash 0.0%
Profitability 29-71
return on assets -3.5%
Bankruptcy probability within 12 months
11.5% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,625 companies, NACE 68, micro)
Last 24 months 12-2024: 7.3% 01-2025: 8.9%▲ +1.6 percentage points vs 12-2024 02-2025: 8.9%● unchanged vs 01-2025 03-2025: 9.2%▲ +0.3 percentage points vs 02-2025 04-2025: 8.5%▼ -0.7 percentage points vs 03-2025 05-2025: 4.1%▼ -4.4 percentage points vs 04-2025 06-2025: 4.0%▼ -0.1 percentage points vs 05-2025 07-2025: 3.7%▼ -0.3 percentage points vs 06-2025lowest value 08-2025: 4.7%▲ +1.0 percentage point vs 07-2025 09-2025: 5.5%▲ +0.8 percentage points vs 08-2025 10-2025: 7.9%▲ +2.4 percentage points vs 09-2025 11-2025: 10.4%▲ +2.5 percentage points vs 10-2025 12-2025: 11.1%▲ +0.7 percentage points vs 11-2025 01-2026: 12.3%▲ +1.2 percentage points vs 12-2025 02-2026: 12.3%● unchanged vs 01-2026 03-2026: 12.7%▲ +0.4 percentage points vs 02-2026highest value 04-2026: 11.9%▼ -0.8 percentage points vs 03-2026 05-2026: 11.9%● unchanged vs 04-2026 06-2026: 11.7%▼ -0.2 percentage points vs 05-2026 07-2026: 11.7%● unchanged vs 06-2026 08-2026: 7.1%▼ -4.6 percentage points vs 07-2026 09-2026: 8.5%▲ +1.4 percentage points vs 08-2026 10-2026: 11.5%▲ +3.0 percentage points vs 09-2026 11-2026: 11.5%● unchanged vs 10-2026
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.44 (3.6 in 2023), below the usual 1.5. Short-term debt is 69.6% and cash 0% of total assets. 69.6% of the assets are financed with debt and provisions.
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 68, micro). It does better than 49% of them on solvency, 12% on liquidity, 25% on profitability and 28% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 340 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 06-07-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.44, cash €0
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 340 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-07-2026, 340 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
340 days late
2023
265 days late
2022
143 days late
2021
204 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 238 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address strikeout annulled

Key points

  • Caution: From profit to loss in 2024after a profit of €162,234 in 2023 -€6,582 View

Recent changes

  1. · KBO administration Address strikeout annulled
  2. · Gazette deed Registered office moved within Maaseik
  3. · Gazette deed Registered office moved within Maaseik
All 11 events

Comparable companies

These companies have the same main activity as TIMMERMANS ONTWIKKELING: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €191,000 and €239,000, founded between 2019 and 2020.

CompanyTotal assetsGross margin
TIMMERMANS ONTWIKKELING Maaseik€190,634-€3,764
MG WORKKING Tessenderlo-Ham€191,435-€66,804
REVO Projectbouw Zonhoven€191,280-€2,179
GECABO Hechtel-Eksel€239,008-€41,920
DC Vastgoedontwikkeling Hasselt€236,616-€97,232
Nagels Invest Putte€192,937-€8,415
I2M Mons€205,083-€40,835
Full comparison

Key facts about TIMMERMANS ONTWIKKELING

What is the company number of TIMMERMANS ONTWIKKELING?
The company number of TIMMERMANS ONTWIKKELING is 0745.366.509. The VAT number is the same number with BE in front: BE 0745.366.509.
Where is TIMMERMANS ONTWIKKELING based?
The registered office is at Grote Kerkstraat 11, 3680 Maaseik.Company details
What does TIMMERMANS ONTWIKKELING do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of TIMMERMANS ONTWIKKELING?
The legal form of TIMMERMANS ONTWIKKELING is Private limited company (BV).
When was TIMMERMANS ONTWIKKELING founded?
TIMMERMANS ONTWIKKELING was founded on 12-03-2020.
Is TIMMERMANS ONTWIKKELING still active?
Yes, TIMMERMANS ONTWIKKELING is an active enterprise in the KBO register.
What is the turnover of TIMMERMANS ONTWIKKELING?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is TIMMERMANS ONTWIKKELING profitable?
In financial year 2024, TIMMERMANS ONTWIKKELING made a loss of €6,582.
Where can I find the annual accounts of TIMMERMANS ONTWIKKELING?
TIMMERMANS ONTWIKKELING filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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