TIMOTHY SHOP
ActiveSummary
The computed 12-month bankruptcy probability of TIMOTHY SHOP is 7.7% (elevated). For TIMOTHY SHOP, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €17,532 and a net result of €0. Equity is shrinking by ~10.8% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability38▲+38
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
7.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
97.9%
Return on assets
0%
Age of the figures
27 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 240 days later.
NBB · 3 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 14-04-2025, 73 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 · 3 filingsDeviation from the deadline
2025
not filed
2024
73 d late
2023
42 d early
2022
64 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 11 days before 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
€17,532=
2023 · €17,532
Total assets
€17,906=
2023 · €17,906
Net result
€0
2023 · -€3,772
Working capital
€17,532=
2023 · €17,532
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result€16,394--€3,652€0
Net result€16,304--€3,772€0
Equity€21,304-€17,532▼ 17.7%€17,532=
Total assets€22,091-€17,906▼ 18.9%€17,906=
Debt€787-€374▼ 52.5%€374=
Working capital€21,304-€17,532▼ 17.7%€17,532=
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 -€3,652 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €17,906
Equity
€17,532 =
Debt
€374 =
Debt's share of the balance-sheet total stays at 2.1%.
Key figures and ratios
Current ratio
47.89=
2023 · 47.89
Quick ratio
44.84=
2023 · 44.84
Debt to equity
0.02=
2023 · 0.02
ROE
0.0%▲
2023 · -21.5%
ROA
0.0%▲
2023 · -21.1%
Debt ≤ 1 year
€374=
2023 · €374
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €1,801 | €780 | - | - |
| Gross operating margin9900 | €18,195 | -€2,872 | €0 | ▲ 100% |
| Operating profit (loss)9901 | €16,394 | -€3,652 | €0 | ▲ 100% |
| Financial charges65/66B | €90 | €120 | - | - |
| Recurring financial charges65 | €90 | €120 | - | - |
| Profit (loss) for the period before taxes9903 | €16,304 | -€3,772 | €0 | ▲ 100% |
| Profit (loss) for the period9904 | €16,304 | -€3,772 | €0 | ▲ 100% |
| Profit (loss) for the period to be appropriated9905 | €16,304 | -€3,772 | €0 | ▲ 100% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €22,091 | €17,906 | €17,906 | = |
| Current assets29/58 | €22,091 | €17,906 | €17,906 | = |
| Stocks and contracts in progress3 | €836 | €1,141 | €1,141 | = |
| Stocks30/36 | €836 | €1,141 | €1,141 | = |
| Amounts receivable within one year40/41 | €11,104 | €5,430 | €5,430 | = |
| Other amounts receivable41 | €11,104 | €5,430 | €5,430 | = |
| Cash at bank and in hand54/58 | €10,151 | €11,335 | €11,335 | = |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €22,091 | €17,906 | €17,906 | = |
| Equity10/15 | €21,304 | €17,532 | €17,532 | = |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Capital10 | €5,000 | €5,000 | €5,000 | = |
| Issued capital100 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €16,304 | €12,532 | €12,532 | = |
| Amounts payable17/49 | €787 | €374 | €374 | = |
| Amounts payable within one year42/48 | €787 | €374 | €374 | = |
| Trade debts44 | €787 | €348 | €348 | = |
| Suppliers440/4 | €787 | €348 | €348 | = |
| Taxes, remuneration and social security45 | - | €26 | €26 | = |
| Taxes450/3 | - | €26 | €26 | = |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,304 | -€3,772 | €0 | ▲ 100% |
| Operating cash flow (approximation) | €16,304 | -€3,772 | €0 | ▲ 100% |
| Change in cash | - | €1,184 | €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
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 73 days late
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet -€3,772
Net result drops to -€3,772, the lowest in the series; recovery starts the following year.
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Brussel · 2 establishment units since 2020
Ground area
163 m²
Building footprint
162 m²
Volume, LiDAR
1,596 m³
2 parcels, Brussels · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
TIMOTHY SHOP
since 20202.367.122.870
CAFE CORNER
since 20252.374.843.377
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813D0524/00V018 | Brussels | 93 m² | 1 · 92 m² | 15.8 m · 4 fl. |
| 21814P0430/00Z010 | Brussels | 70 m² | 1 · 70 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBrussel2.367.122.870
Brussel2.374.843.377
Identification & contact
Identification
Legal formPrivate limited company
Founded24-08-2020
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID
0208:0752882425
Registered
31-08-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.