TIMO
ActiveTIMO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €353k and a net result of €27k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 31544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+58
Solvency75▼-25
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 9.35 in 2024; short-term debt: 47.6% and cash: 6.8% of total assets), and 49.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
50.4%
Return on assets
3.8%
Age of the figures
9 mo
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 04-07-2026, 27 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
27 d early
2024
3 d late
2023
29 d early
2022
55 d early
2021
31 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€353k▼ 25.9%
2024 · €476k
2021: €168k
2022: €376k
2023: €496k
2024: €476k
2021 → 2025
Total assets
€699k▲ 13.1%
2024 · €619k
2021: €569k
2022: €695k
2023: €750k
2024: €619k
2021 → 2025
Net result
€27k
2024 · €-20k
2021: €108k
2022: €209k
2023: €120k
2024: €-20k
2021 → 2025
Working capital
€150k▼ 72.8%
2024 · €550k
2021: €-70k
2022: €75k
2023: €137k
2024: €550k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€168k-€376k▲ 124%€496k▲ 31.8%€476k▼ 4.0%€353k▼ 25.9%
Operating result€150k-€279k▲ 85.9%€159k▼ 43.2%€-17k€42k
Net result€108k-€209k▲ 93.6%€120k▼ 42.7%€-20k€27k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €42k after a loss of €17k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €699k
Fixed assets
€217k▲ 7,040%
Current assets
€483k▼ 21.6%
Equity and liabilities €699k
Equity
€353k▼ 25.9%
Debt
€347k▲ 143%
The debt ratio rises from 23.1% to 49.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€43k▲
2024 · €-17k
Cash flow
€28k▲
2024 · €-20k
Solvency
50.4%▼
2024 · 76.9%
Current ratio
1.45▼
2024 · 9.35
Quick ratio
1.45▼
2024 · 9.35
Debt / equity
0.98▲
2024 · 0.30
ROE
7.5%▲
2024 · -4.2%
ROA
3.8%▲
2024 · -3.2%
Interest coverage
6.97▲
2024 · -5.47
Debt
€347k▲
2024 · €143k
Debt ≤ 1 year
€333k▲
2024 · €66k
Debt > 1 year
€11k▼
2024 · €77k
Income taxes
€10k▲
2024 · €140
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€619k€699k▲
Fixed assets21/28€3k€217k▲
Tangible fixed assets22/27€3k€7k▲
Furniture and vehicles24€3k€7k▲
Financial fixed assets28€0€210k▲
Current assets29/58€616k€483k▼
Amounts receivable after more than one year29€22k€0▼
Other amounts receivable291€22k€0▼
Amounts receivable within one year40/41€14k€31k▲
Trade receivables40€6k€0▼
Other amounts receivable41€8k€31k▲
Cash at bank and in hand54/58€126k€47k▼
Deferred charges and accrued income490/1€455k€404k▼
Equity and liabilities
Total equity and liabilities10/49€619k€699k▲
Equity10/15€476k€353k▼
Contributions10/11€60k€60k=
Reserves13€416k€293k▼
Distributable reserves133€416k€293k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€143k€347k▲
Amounts payable after more than one year17€77k€11k▼
Financial debts170/4€77k€11k▼
Amounts payable within one year42/48€66k€333k▲
Current portion of amounts payable after more than one year42€65k€66k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€143€62▼
Suppliers440/4€143€62▼
Taxes, remuneration and social security45€579€37k▲
Taxes450/3€579€37k▲
Other amounts payable47/48-€230k
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€394€1k▲
Other operating charges640/8€661€719▲
Non-recurring operating charges66A€51k€53k▲
Gross operating margin9900€34k€97k▲
Operating profit (loss)9901€-17k€42k▲
Financial income75/76B€648€73▼
Recurring financial income75€648€73▼
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€-20k€36k▲
Income taxes67/77€140€10k▲
Profit (loss) for the period9904€-20k€27k▲
Profit (loss) for the period to be appropriated9905€-20k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€27k▲
Transfer from equity791/2€20k€150k▲
Transfer to equity691/2€0€27k▲
To other reserves6921€0€27k▲
Profit to be distributed694/7-€150k
Return on contributions (dividend)694-€150k
The notes to these accounts (11 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
04-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
03-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
31-12
Financial
Weakest financial yearnet €-20k ▼117%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 9.35
Current ratio from 2.31 to 9.35; short-term debt falls from €105k to €66k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2021net €209k ▲93.6%
Operating result €279k, net result €209k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 1.67
Current ratio from 0.47 to 1.67; short-term debt falls from €131k to €112k.
31-12
Financial
Equity above €200kEq €376k ▲124%
2 profitable years in a row build equity to €376k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Hasselt · 1 establishment unit since 2020
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.
Diestersteenweg 4033510 HasseltGround area
1,984 m²
Building footprint
216 m²
Volume, LiDAR
1,827 m³
Parcel 71054B0011/00A004, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TIMO
since 20202.304.139.285
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71054B0011/00A004 | Flanders | 1,984 m² | 1 · 216 m² | 12.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
VINELCO
BE 0565.951.052
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QUID PRO QUO
BE 0477.690.950
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AroundSales
BE 0713.541.304
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MARKUS CONSULTING
BE 0829.308.329
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IPEVA
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 37,181 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
64200Holdings
64210Activities of holding companies
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.