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TIMO-TRANS

Active Private limited companyfounded 2008active for 18 yearsRue des Frères Herpain (W-B) 38, 1440 Braine-le-ChâteauKBO/BCE: BE 0896.965.829

Lifetime

18 annual accounts with figures on one time axis
peak €1.2m (2023)
€993,639▲ 2.0%
lowest -€39,993 (2009)
€20,437▼ 23.2%
peak €239,199 (2025)
€239,199▲ 9.3%
€597,998▼ 29.7%
peak 21 FTE (2021)
14 FTE▼ 17.6%
Board3 names since 2015
1 director
Documentsfilings and deeds
11-08-202611 days late
2025abbreviated format
Staff from 17 FTE to 14 FTETransfer of 49 shares from to 22-07Debts from €850,376 to €597,998Investments €245,271

Key points

from the 2025 annual accounts

Equity

€239,199 ▲ 9.3%

TIMO-TRANS has made a profit without a break since 2021.

Debts

€597,998 71% of the balance sheet
Financial debts 20%Suppliers 21%Taxes and wages 41%Other 17%

Of this, €475,772 falls due within a year.

Investments

€245,136 2.3 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 12.8% higher than in 2024.

Staff

14 FTE from 21 in 2021

Between 2021 and 2025, 33% of the full-time equivalents disappeared.

Payment terms

42 days to suppliers
Suppliers
129 to 42
Customers
92 to 30

TIMO-TRANS pays its suppliers 87 days earlier than in 2024. Customers pay 62 days earlier.

Filings

18 annual accounts since 2008
AprilJune31 JulyOctober2010201520202025

Nine of the last ten came late. The 2019 accounts came latest: 91 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,107 companies had the same profile as TIMO-TRANS has now. Each dot stands for 11 companies, two years later.

97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,107 companies, not a prediction for TIMO-TRANS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Manager
  • 49 sharesdeed of 16-09-2026
Board & ownership

Recent changes

Transfer of 49 shares from to Resignation: (director) · Appointment: (director) · holds 49 shares (100%) · General meeting of 23-09-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0896965829
Transfer of 49 shares from to Appointment: (manager) · holds 51 shares · holds 49 shares · Gazette deed
Change of role: , from manager to director Director discharge: · General meeting of 24-11-2023 · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
TIMO-TRANS Braine-le-Château €837,197 €1.0m 28.6% 14
GILLES TRANSPORTS A ROCHEFORT Rochefort €765,186 €0.9m 32.2% 14.9
LINK-UP Oostkamp €915,616 €0.8m 25.6% 12.4
FLEUR LOGISTICS Zonnebeke €870,319 €1.2m 62.6% 11.3
RH TRANS Retie €818,310 €0.8m 24.2% 13.6
HAYAM TRANSPORT Erpe-Mere €983,365 €0.9m 53.4% 11.7
LOGISBOIS Namur €867,317 €0.9m 70.6% 11.4

These companies have the same main activity as TIMO-TRANS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €765,000 and €983,000, founded between 2005 and 2011.

Official details

Source: KBO
Status
Active since 04-04-2008Normal situation
Activity
Freight transport by roadNACE 49410and 1 other
Establishment unit
2.169.952.7521440 Braine-le-Château, since 14-04-2008
Financial year end
31 December
Peppol
Reachable since 31-12-2025
Company details

Annual accounts 2025

€837,197▼ 21.7%
Employeeson 31-12-2025
14▼ 17.6%
Filing
Filed on 11-08-2026
Financials

Insights on TIMO-TRANS

TIMO-TRANS files the abbreviated format. That format states no turnover. The gross margin rose from €193,955 in 2008 to €993,639 in 2025.

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-TRANS

What is the company number of TIMO-TRANS?
The company number of TIMO-TRANS is 0896.965.829. The VAT number is the same number with BE in front: BE 0896.965.829.
Where is TIMO-TRANS based?
The registered office is at Rue des Frères Herpain (W-B) 38, 1440 Braine-le-Château.Company details
What does TIMO-TRANS do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of TIMO-TRANS?
TIMO-TRANS is a private limited company (BV).
When was TIMO-TRANS founded?
TIMO-TRANS was founded on 04-04-2008.
Is TIMO-TRANS still active?
Yes, TIMO-TRANS is an active enterprise in the KBO register.
How many employees does TIMO-TRANS have?
TIMO-TRANS had an average of 14 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TIMO-TRANS?
The turnover of TIMO-TRANS was €2.1m in financial year 2025, according to the filed annual accounts.
Is TIMO-TRANS profitable?
In financial year 2025, TIMO-TRANS made a profit of €20,437.
Where can I find the annual accounts of TIMO-TRANS?
TIMO-TRANS filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TIMO-TRANS due?
TIMO-TRANS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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