Equity
€801,498 ▲ 4.5%
Timo has made a profit without a break since 2018.
Timo
Lifetime
19 annual accounts with figures on one time axis, 35 filings since 1989peak €132,128 (2020)
-€2,452▲ €151,236
lowest -€816,956 (2014)
€34,252▲ 996%
peak €1.4m (2013)
€801,498▲ 4.5%
€1.8m▼ 1.3%
peak 7 FTE (2016)
-not published
Board2 names since 2014
-
Documentsfilings and deeds
04-09-202635 days late
2025financial year
Gross margin from -€153,687 to -€2,452Result from €3,126 to €34,252Cash from €123,762 to €11,855
Key points
from the 2025 annual accountsFilings
35 annual accounts since 1989
Seven of the last ten came late. The 2021 accounts came latest: 134 days after the end of the period.
Checked score
89
Excellent
Financially stronger than 29% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.5%▲ +0.1 percentage points vs 02-2025
04-2025: 0.4%▼ -0.1 percentage points vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.5%▲ +0.1 percentage points vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▲ +0.2 percentage points vs 07-2025
09-2025: 0.9%▲ +0.1 percentage points vs 08-2025
10-2025: 1.2%▲ +0.3 percentage points vs 09-2025
11-2025: 1.3%▲ +0.1 percentage points vs 10-2025highest value
12-2025: 0.1%▼ -1.2 percentage points vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.1%▼ -0.3 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 35 days late; 2 of the last 3 accounts late
Liquidity: current ratio 0.32, cash €11,855, halved
lowers risk
Size: total assets €2.6m
Founded in 1988
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 70, small). It does better than 31% of them on solvency, 22% on liquidity, 10% on profitability and 51% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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 verdict
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.32 (0.37 in 2024), below 1. Short-term debt is 30.5% and cash 0.5% of total assets. 69.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 35 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 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 · 10 filingsDeviation from the deadline
2025
35 days late
2024
119 days late
2023
28 days late
2022
52 days late
2021
134 days late
2020
11 days early
2019
68 days late
← 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 61 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 21 September (4 of the last 5 accounts filed within 67 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0434259003
Change of role: VANDEPUTTE Vincent, from director to sole director
Resignation: CORNELISSEN Kristel (director) · Name clause: Timo · Gazette deed
Registered office moved from Essen to Brasschaat
New registered office: Michielssendreef 3, 2930 Brasschaat · Previous registered office: Spijker 55 bus 1, 2910 Essen · Reappointment: Kristel Cornelissen (managing director) · Board meeting of 21-06-2019 · Gazette deed
First establishment
Michielssendreef 3, Brasschaat
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Timo Brasschaat | €2.6m | -€2,452 | 30.9% | - |
| GARLIANA Edegem | €2.8m | -€7,588 | 23.1% | - |
| DEMA HOTELS INTERNATIONAL Antwerp | €2.6m | -€20,985 | 66.8% | - |
| FALERNO BELGIUM Antwerp | €3.0m | -€73,207 | 57.4% | - |
| LINNAEUS Lochristi | €2.6m | -€3,494 | 15.0% | 0 |
| CO.REsults Saint-Vith | €2.3m | -€44,109 | 91.9% | 0 |
| MANIBA Genk | €2.6m | -€85,985 | 99.8% | - |
These companies have the same main activity as Timo: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €2.3m and €3m, founded between 1989 and 1992.
Official details
Source: KBO- Status
- Active since 25-04-1988Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.121.361.6902930 Brasschaat, since 12-07-1988
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Insights on Timo
Timo has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €801,498 and a net result of €34,252, with €185,850 of non-recurring income.
Equity has been growing by about 6.4% per year since 2018. Its solvency ranks better than 30% of 3,873 sector peers (NACE 70, financial year 2025).
The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Timo
- What is the company number of Timo?
- The company number of Timo is 0434.259.003. The VAT number is the same number with BE in front: BE 0434.259.003.
- Where is Timo based?
- The registered office is at Michielssendreef 3, 2930 Brasschaat.Company details
- What does Timo do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Timo?
- Timo is a public limited company (NV).
- When was Timo founded?
- Timo was founded on 25-04-1988.
- Is Timo still active?
- Yes, Timo is an active enterprise in the KBO register.
- What is the turnover of Timo?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is Timo profitable?
- In financial year 2025, Timo made a profit of €34,252.
- Where can I find the annual accounts of Timo?
- Timo filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Timo due?
- Timo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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