Summary
The computed 12-month bankruptcy probability of TIMOTHY & CO is 2.6% (moderate). The 2024 annual accounts show equity of €0 and a net result of €0. Equity is shrinking by ~96.2% per year across the filed fiscal years. The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2023
Profitability-
Solvency-
Growth58=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-08-2025, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
13 d late
2023
22 d late
2022
388 d late
2021
11 d late
2019
34 d late
2018
39 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 85 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€0
2023 · €0
Total assets
€666▼ 43.2%
2021 · €1,172
Net result
€0
2023 · -€318
Working capital
€318
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192021202220232024
Operating result-€875▲ 12.0%-€852--€854▼ 0.2%-€318▲ 62.8%€0
Net result-€875▲ 12.0%-€852--€854▼ 0.2%-€318▲ 62.8%€0
Equity€2,866▼ 23.4%€1,172-€318▼ 72.9%€0▼ 100%€0
Total assets€2,866▼ 23.4%€1,172-€666▼ 43.2%
Debt€347
Working capital€318
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is zero in 2024, compared with -€318 in 2023.
Annual accounts
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Gross operating margin9900 | -€875 | -€852 | -€854 | -€318 | €0 | ▲ 100% |
| Operating profit (loss)9901 | -€875 | -€852 | -€854 | -€318 | €0 | ▲ 100% |
| Profit (loss) for the period before taxes9903 | -€875 | -€852 | -€854 | -€318 | €0 | ▲ 100% |
| Profit (loss) for the period9904 | -€875 | -€852 | -€854 | -€318 | €0 | ▲ 100% |
| Profit (loss) for the period to be appropriated9905 | -€875 | -€852 | -€854 | -€318 | €0 | ▲ 100% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2,866 | €1,172 | €666 | - | - | - |
| Current assets29/58 | €2,866 | €1,172 | €666 | - | - | - |
| Amounts receivable within one year40/41 | €2,866 | €1,172 | €666 | - | - | - |
| Trade receivables40 | - | - | €666 | - | - | - |
| Other amounts receivable41 | - | €1,172 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2,866 | €1,172 | €666 | €0 | €0 | - |
| Equity10/15 | €2,866 | €1,172 | €318 | €0 | €0 | - |
| Contributions10/11 | €30,987 | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Capital10 | - | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Issued capital100 | - | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Profit (loss) carried forward14 | -€28,121 | -€29,815 | -€30,669 | -€30,987 | -€30,987 | = |
| Amounts payable17/49 | - | - | €347 | - | - | - |
| Amounts payable within one year42/48 | - | - | €347 | - | - | - |
| Other amounts payable47/48 | - | - | €347 | - | - | - |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€875 | -€852 | -€854 | -€318 | €0 | ▲ 100% |
| Operating cash flow (approximation) | -€875 | -€852 | -€854 | -€318 | €0 | ▲ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 388 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
08-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 39 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
15-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 15 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
NBB filing
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2012
Ground area
1,504 m²
Building footprint
909 m²
Volume, LiDAR
9,862 m³
Parcel 71327G0617/00S005, Flanders · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Lazarijstraat 36, 3500 Hasselt
since 20122.209.546.469
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0617/00S005 | Flanders | 1,504 m² | 1 · 909 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-07-1987
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0431534588
Also
9925:BE0431534588
Registered
30-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.