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TIMO 147

Active
Private limited companyfounded 2020active for 6 yearsMelkriekstraat 143, 1180 Ukkel, BelgiumKBO/BCE: BE 0741.528.673
Summary

TIMO 147 has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€756,021) and a net result of -€163,501. Equity has been shrinking by about 47% per year since 2020. The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

Source: KBO
Status
Active since 14-01-2020 Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.300.039.056 1200 Sint-Lambrechts-Woluwe, since 14-01-2020
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • TIMMERMANS OlivierManaging director
  • TIMMERMANS AliceDirector · since 13-01-2020
  • TIMMERMANS FlorentDirector · since 13-01-2020
and 2 others

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2025
Gross margin
€52,380
▼ 20.6%
Turnover
≈ €140,000
estimated
Loss
€163,501
▲ 19.5%
Equity
-€756,021
▼ 27.6%
Total assets
€5.1m
▲ 0.2%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskCapped at 59: negative equity1 change of registered office in 24 monthsLiquidity: current ratio 0.01, cash €19,044Negative equity -€756,021lowers riskSize: total assets €5.1mShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 20% of small companies without a NACE code
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 10-3
equity -14.7% of total assets
Liquidity 0=
short-term debt 114.7% · cash 0.4%
Profitability 65=
return on assets -3.2%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.0%lowest value 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.1%▲ +0.1 percentage points vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 2.4%▲ +1.3 percentage points vs 04-2025 06-2025: 2.9%▲ +0.5 percentage points vs 05-2025 07-2025: 3.0%▲ +0.1 percentage points vs 06-2025 08-2025: 3.3%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 1.7%▼ -1.6 percentage points vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.6%▼ -0.1 percentage points vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.7%▲ +0.1 percentage points vs 02-2026 04-2026: 1.6%▼ -0.1 percentage points vs 03-2026 05-2026: 2.0%▲ +0.4 percentage points vs 04-2026 06-2026: 2.4%▲ +0.4 percentage points vs 05-2026 07-2026: 2.4%● unchanged vs 06-2026 08-2026: 2.9%▲ +0.5 percentage points vs 07-2026 09-2026: 1.2%▼ -1.7 percentage points vs 08-2026 10-2026: 1.2%● unchanged vs 09-2026 11-2026: 1.2%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.01 (0.0 in 2024), below 1. Short-term debt is 114.7% and cash 0.4% of total assets. Equity is negative.
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 (no NACE code, small). It does better than 4% of them on solvency, 4% on liquidity, 65% on profitability and 9% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €5.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 0.01, cash €19,044
NBB · annual accounts
raises risk · Negative equity -€756,021
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year -€756,021
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
31 days late
2024
21 days late
2023
58 days late
2022
32 days late
2021
52 days late
2020
58 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 6 accounts on average 42 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 1 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 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

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€756,021 View
  • Risk: 6 loss-making years in a rowloss in financial year 2025 -€163,501 View
  • Caution: Equity fell in 2025from -€592,520 to -€756,021 ▼ 27.6% View

Recent changes

  1. · Gazette deed Registered office moved from Bruxelles to UccleNew seat: 1180 Uccle, rue du Melkriek 143 · Previous seat: Woluwe-Saint-Lambert (1200 Bruxelles), Square Vergote, numéro 19 · Resignation: Detandt François (director)
  2. · Gazette deed Incorporation
All 9 events

Key facts about TIMO 147

What is the company number of TIMO 147?
The company number of TIMO 147 is 0741.528.673. The VAT number is the same number with BE in front: BE 0741.528.673.
Where is TIMO 147 based?
The registered office is at Melkriekstraat 143, 1180 Ukkel.Company details
What is the legal form of TIMO 147?
The legal form of TIMO 147 is Private limited company (BV).
When was TIMO 147 founded?
TIMO 147 was founded on 14-01-2020.
Is TIMO 147 still active?
Yes, TIMO 147 is an active enterprise in the KBO register.
What is the turnover of TIMO 147?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €52,380 and 1,291 comparable companies of the same size. It probably lies between €90,000 and €280,000. It is a rough estimate.Financials
Is TIMO 147 profitable?
In financial year 2025, TIMO 147 made a loss of €163,501.
Where can I find the annual accounts of TIMO 147?
TIMO 147 filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TIMO 147 due?
TIMO 147 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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