Timotheus
The computed 12-month bankruptcy probability of Timotheus is < 0.1% (very low). The 2024 annual accounts show equity of €513k and a net result of €1k. Equity is growing by ~20.7% per year across the filed fiscal years. Its solvency ranks better than 65% of 35 sector peers (fiscal year 2024). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €513k |
| Net result | €1k |
| Staff (FTE) | 1.1 |
| Better than sector | 65% |
Strong profile, led by solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 80.6% | 65.7% | |
| Net result | €1k | €91k | |
| Equity | €513k | €1.07M | |
| Staff costs | €71k | €579k | |
| Employees (FTE) | 1.1 | 6.5 |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €15k |
| Net profit | €1k |
| Cash flow | €10k |
| Staff costs | €71k |
| Income taxes | - |
| Dividends | - |
| Total assets | €637k |
| Equity | €513k |
| Debt | €123k |
| of which ≤ 1y | €85k |
| of which > 1y | - |
| Working capital | €530k |
| Employees (FTE) | 1.1 |
| 2024 | |
|---|---|
| Current ratio | 7.23 |
| Quick ratio | 7.15 |
| Working capital ratio | 83.3% |
| Solvency | 80.6% |
| Debt / equity | 0.24 |
| Long-term debt ratio | - |
| Interest coverage | 2.67 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.2% |
| ROE | 0.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €637k |
| Fixed assets | 21/28 | €22k |
| Intangible fixed assets | 21 | €9k |
| Tangible fixed assets | 22/27 | €3k |
| Financial fixed assets | 28 | €9k |
| Current assets | 29/58 | €615k |
| Stocks & contracts in progress | 3 | €7k |
| Amounts receivable within one year | 40/41 | €2k |
| Investments | 50/53 | €146k |
| Cash & bank | 54/58 | €426k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €637k |
| Equity | 10/15 | €513k |
| Accumulated profits (losses) | 14 | €513k |
| Amounts payable | 17/49 | €123k |
| Amounts payable within one year | 42/48 | €85k |
| Trade debts payable within one year | 44 | €65k |
| Income statement | ||
| Gross operating margin | 9900 | €87k |
| Operating result | 9901 | €7k |
| Financial income | 75 | €133 |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €1k |
| Net result for the period | 9904 | €1k |
| Result to be appropriated | 9905 | €1k |
| NACE primary | 94999 |
| Legal form | Non-profit association(017) |
| Incorporation | 01-12-1988 |
| Status | Active |
| Postal code | 2170 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11422C0192/00T008 | Flanders | 2,189 m² | 1 · 654 m² | 11.5 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
10-03-2025 2 directors appointed, 1 resigning
- Chiffa Boumazzo, Bestuurder
- Mario Roosendans, Vaste vertegenwoordiger
- Mustafa Ghazi, Bestuurder
Technical details
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"via_org": {
"kbo": "0888.127.644",
"name": "BT CONSULTANTS",
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"is_correction": false,
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"person_role_at_subject": "Lasthebber"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}12-06-2023 Registered office moved
Technical details
{
"events": [
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"region": "vlaams_gewest",
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"postcode": "1790",
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"effective_date": "2023-03-31",
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"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad",
"Annexes du Belgisch Staatsblad",
"Mod DOC 19.01"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Timotheus |