Timon Michiels Catering
ActiveSummary
The computed 12-month bankruptcy probability of Timon Michiels Catering is 2.4% (moderate). The annual accounts of Timon Michiels Catering for financial year 2025 show a net loss of 100% of the equity at the start of that year. The 2025 annual accounts show equity of €30 and a net result of -€15,013. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 26% of 16,996 sector peers (NACE 56, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 09-10-2020 Normal situation
- Activity
- Event catering NACE 56210
- Establishment unit
- 2.308.731.246 8670 Koksijde, since 09-10-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 02-07-2025
Board and ownership
- Michiels TimonDirector · since 09-10-2020
- Holdings
- Shares in 1 company Carcasse
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.4%
- Gross margin
- €11,692
- ▼ 45.6%
- Turnover
- ≈ €150,000
- estimated
- Loss
- €15,013
- Equity
- €30
- ▼ 99.8%
- Total assets
- €476,095
- ▲ 0.4%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Founded in 2020Equity €30 (0.0% of total assets)lowers riskSize: total assets €476,095Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 56, micro). It does better than 26% of them on solvency, 55% on liquidity, 24% on profitability and 7% on growth.
The bankruptcy probability was computed on 01-11-2026 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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Signals
The company filed its last 5 accounts on average 9 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Registered office moved from Melle to Koksijde
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Timon Michiels Catering: event catering (NACE 56210). They are comparable in size and age: total assets between €260,000 and €526,000, founded between 2017 and 2022.
| Company | Total assets | Gross margin |
|---|---|---|
| Timon Michiels Catering Koksijde | €476,095 | €11,692 |
| LuTi Steenokkerzeel | €525,506 | €9,022 |
| STAELENS LEEN Brugge | €438,827 | €5,957 |
| Midima Lokeren | €279,183 | €15,080 |
| Souris Antwerpen | €502,787 | €21,349 |
| JULENCA Halen | €260,323 | €15,826 |
| New Capital Point Antwerpen | €364,844 | €8,634 |
Key facts about Timon Michiels Catering
- What is the company number of Timon Michiels Catering?
- The company number of Timon Michiels Catering is 0755.943.467. The VAT number is the same number with BE in front: BE 0755.943.467.
- Where is Timon Michiels Catering based?
- The registered office is at Hofstedeweg(Kok) 1, 8670 Koksijde.Company details
- What does Timon Michiels Catering do?
- According to the KBO register, the main activity is event catering (NACE 56210).
- What is the legal form of Timon Michiels Catering?
- The legal form of Timon Michiels Catering is Private limited company (BV).
- When was Timon Michiels Catering founded?
- Timon Michiels Catering was founded on 09-10-2020.
- Is Timon Michiels Catering still active?
- Yes, Timon Michiels Catering is an active enterprise in the KBO register.
- What is the turnover of Timon Michiels Catering?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €11,692 and 30 comparable companies (NACE 562). It probably lies between €92,000 and €290,000. It is a rough estimate.Financials
- Is Timon Michiels Catering profitable?
- In financial year 2025, Timon Michiels Catering made a loss of €15,013.
- Where can I find the annual accounts of Timon Michiels Catering?
- Timon Michiels Catering filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Timon Michiels Catering due?
- Timon Michiels Catering must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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