Equity
Equity fell by 96% in 1 year.
Equity fell by 96% in 1 year.
The micro format states no turnover.
Short-term debts rose from €10,542 to €69,201.
The last four annual accounts were filed 1 to 28 days before the end of the period.
Less equity than 85% of companies in advertising and market research. Sector median €58,865 · 8,600 companies.
The dashed line is the sector median: 0.2% across 11,229 companies (NACE 73, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 73, micro). It does better than 15% of them on solvency, 36% on liquidity, 34% on profitability and 5% on growth.
The bankruptcy probability was computed on 04-11-2026 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).
In July 2024, 2,157 companies had the same profile as TIMOTHEE FECHNER CONSULTING has now. Each dot stands for 6 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of TIMOTHEE FECHNER CONSULTING itself is lower: 0.2% within 12 months. It rests on far more data about TIMOTHEE FECHNER CONSULTING than the profile alone.
The method was tested on the 497,446 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,157 companies, not a prediction for TIMOTHEE FECHNER CONSULTING. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 19 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| TIMOTHEE FECHNER CONSULTING Etterbeek | €71,201 | €10,115 | 2.8% | - |
| EKVILIBRE Uccle | €75,306 | €9,279 | 53.7% | - |
| Michiels Advisory Tervuren | €80,718 | €9,723 | 85.5% | - |
| EXPERT DU MORTIER Sint-Genesius-Rode | €65,853 | €8,458 | 74.2% | - |
| CONTENTABLE Mechelen | €85,155 | €9,265 | 60.0% | - |
| LINDHOLM CONSULTING Etterbeek | €90,447 | €9,038 | 56.6% | - |
| PUBLIIQ Auderghem | €66,316 | €13,461 | 6.8% | - |
These companies have the same main activity as TIMOTHEE FECHNER CONSULTING: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €65,900 and €90,400, founded between 2022 and 2023.
TIMOTHEE FECHNER CONSULTING files the micro format. That format states no turnover. The gross margin rose from -€1,723 in 2022 to €10,115 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.
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