Skip to content

TIMMERS SERVICE

Active
Private limited companyfounded 2017active for 9 yearsWeg naar Zwartberg 1, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 0677.427.016

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The annual accounts of TIMMERS SERVICE for financial year 2025 show a net loss of 65% of total assets and of 71% of the equity at the start of that year. The 2025 annual accounts show equity of €24,818 and a net result of -€61,753. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 44% of 22,726 sector peers (NACE 47, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

KBO
Status
Active since 21-06-2017 Normal situation
Activity
Retail sale of beverages, general range NACE 47252and 4 others
Establishment unit
2.265.503.591 3530 Houthalen-Helchteren, since 21-06-2017
Financial year end
31 December
Peppol
Reachable since 31-10-2023

Board and ownership

Board

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
-€16,309
Loss
€61,753
Equity
€24,818
▼ 71.3%
Total assets
€95,265
▼ 42.1%
Staff
0.8 FTE
Turnover not published (micro format)
Filed on 10-06-2026, 51 days before the deadlinePDF
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €61,753 (financial year 2025)Sector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 1.43, cash €33,668Size: total assets €95,265Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 31% of micro companies in retail trade (NACE 47)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 51-27
equity 26.1% of total assets
Liquidity 63+3
short-term debt 59.8% · cash 35.3%
Profitability 0-76
return on assets -64.8%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025lowest value 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.3 percentage points vs 07-2025 09-2025: 0.3%▼ -0.3 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.9%▲ +0.6 percentage points vs 06-2026highest value 08-2026: 0.9%● unchanged vs 07-2026highest value 09-2026: 0.9%● unchanged vs 08-2026highest value 10-2026: 0.9%● unchanged vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.43 (1.97 in 2024), below the usual 1.5. Short-term debt is 59.8% and cash 35.3% of total assets. 73.9% 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 47, micro). It does better than 42% of them on solvency, 70% on liquidity, 6% on profitability and 8% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €61,753 (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.43, cash €33,668
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Size: total assets €95,265
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 10-06-2026, 51 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
51 days early
2024
18 days late
2023
23 days early
2022
28 days late
2021
18 days late
2020
37 days early
2019
46 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 August (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €10,016 in 2024 -€61,753 View
  • Caution: Lower net result than 95% of companies in retail tradesector median €5,089 · 22,707 companies -€61,753 View

Comparable companies

These companies have the same main activity as TIMMERS SERVICE: retail sale of beverages, general range (NACE 47252). They are comparable in size and age: total assets between €85,000 and €149,000, founded between 2011 and 2020.

CompanyTotal assetsGross margin
TIMMERS SERVICE Houthalen-Helchteren€95,265-€16,309
I Wine You Meerhout€102,228-€5,046
Save The Bees Aalst€85,023-€11,435
Latems Drankcenter Nazareth€149,054-€5,489
WIJNEN KUIPERS Tongeren-Borgloon€123,161-€4,374
MAN 2000 Destelbergen€97,264€1,641
Hundred Donceel€133,991-€5,510
Full comparison

Documents

Annual accounts at the NBB

All 8 annual accounts

Articles and registers

Key facts about TIMMERS SERVICE

What is the company number of TIMMERS SERVICE?
The company number of TIMMERS SERVICE is 0677.427.016. The VAT number is the same number with BE in front: BE 0677.427.016.
Where is TIMMERS SERVICE based?
The registered office is at Weg naar Zwartberg 1, 3530 Houthalen-Helchteren.Company details
What does TIMMERS SERVICE do?
According to the KBO register, the main activity is retail sale of beverages, general range (NACE 47252).
What is the legal form of TIMMERS SERVICE?
The legal form of TIMMERS SERVICE is Private limited company (BV).
When was TIMMERS SERVICE founded?
TIMMERS SERVICE was founded on 21-06-2017.
Is TIMMERS SERVICE still active?
Yes, TIMMERS SERVICE is an active enterprise in the KBO register.
How many employees does TIMMERS SERVICE have?
TIMMERS SERVICE had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TIMMERS SERVICE?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
Is TIMMERS SERVICE profitable?
In financial year 2025, TIMMERS SERVICE made a loss of €61,753.
Where can I find the annual accounts of TIMMERS SERVICE?
TIMMERS SERVICE filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of TIMMERS SERVICE due?
TIMMERS SERVICE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

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