Equity
€588,230 ▲ 24.1%
TIMOTHY SPEELMAN has made a profit in every financial year since 2006.
TIMOTHY SPEELMAN
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2004peak €342,081 (2025)
€342,081▲ 52.1%
peak €217,545 (2025)
€217,545▲ 54.4%
peak €588,230 (2025)
€588,230▲ 24.1%
€237,954▲ 31.1%
peak 0.5 FTE (2006)
-not published
Board1 name since 2021
1 directorSPEELMAN Timothy Louis Alice
Documentsfilings and deeds
02-06-202659 days before the deadline
2025micro format
Gross margin from €224,951 to €342,081Result from €140,858 to €217,545Dividend €103,417Equity from €474,102 to €588,230Debts from €181,528 to €237,954Cash from €351,298 to €555,971
Key points
from the 2025 annual accountsResult
€217,545 ▲ 54.4%
The result rose in 2025 from €140,858 to €217,545.
Investments
€58,360 4.4 × depreciation
Green is investment, beige is depreciation. Machinery stands 56.7% higher than in 2024.
Liquidity
5.42 was 12.58 in 2024
Short-term debts rose from €36,050 to €115,054.
Filings
22 annual accounts since 2004
Three of the last ten came late. The 2018 accounts came latest: 30 days after the end of the period.
Position in the sector
€217,545
Higher net result than 93% of companies in legal and accounting. Sector median €37,375 · 15,815 companies.
Checked score
97
Excellent
Financially stronger than 78% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 20,101 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Legal and accounting activities (NACE 69)
Liquidity: current ratio 5.42, cash €555,971
Size: total assets €826,184
Equity €588,230 (71.2% of total assets)
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 69, micro). It does better than 69% of them on solvency, 92% on liquidity, 82% on profitability and 68% on growth.
The bankruptcy probability was computed on 06-11-2026 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).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as TIMOTHY SPEELMAN has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of TIMOTHY SPEELMAN itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 20,137 companies, not a prediction for TIMOTHY SPEELMAN. 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.
Credit verdict
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.42 (12.58 in 2024), above the usual 1.5. Short-term debt is 13.9% and cash 67.3% of total assets. 28.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 days early
2024
28 days early
2023
43 days early
2022
39 days early
2021
31 days early
2020
51 days early
2019
8 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0861058706
Appointment: SPEELMAN Timothy Louis Alice (statutory director)
General meeting of 24-08-2023 · Gazette deed
Incorporation
published on 22-10-2003 · Gazette deed
First establishment
Ganzendries 9, Tienen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TIMOTHY SPEELMAN Tienen | €826,184 | €342,081 | 71.2% | - |
| ADVOCATENKANTOOR ANNELIESE SIMOENS Vilvoorde | €730,995 | €298,993 | 22.0% | - |
| MARY-LAW OFFICE Meise | €965,847 | €371,606 | 45.9% | 1.5 |
| ROEL VALKENBORGH Meise | €828,142 | €413,468 | 78.8% | - |
| H.G. MANDAT Tournai | €848,929 | €337,724 | 71.2% | - |
| JEAN-PAUL TIELEMAN Schaerbeek | €841,410 | €325,637 | 34.2% | - |
| KIM MÖRIC SRL Namur | €912,205 | €327,881 | 63.8% | - |
These companies have the same main activity as TIMOTHY SPEELMAN: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €731,000 and €966,000, founded between 2003 and 2005.
Official details
Source: KBO- Status
- Active since 14-10-2003Normal situation
- Activity
- Activities of lawyersNACE 69101
- Establishment unit
- 2.189.928.0223300 Tienen, since 14-10-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- ≈ €590,000estimated
- €826,184▲ 26.0%
- Filing
- Filed on 02-06-2026, 59 days before the end of the filing period
Insights on TIMOTHY SPEELMAN
TIMOTHY SPEELMAN files the micro format. That format states no turnover. The gross margin rose from €59,300 in 2006 to €342,081 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.
Key facts about TIMOTHY SPEELMAN
- What is the company number of TIMOTHY SPEELMAN?
- The company number of TIMOTHY SPEELMAN is 0861.058.706. The VAT number is the same number with BE in front: BE 0861.058.706.
- Where is TIMOTHY SPEELMAN based?
- The registered office is at Ganzendries 9, 3300 Tienen.Company details
- What does TIMOTHY SPEELMAN do?
- According to the KBO register, the main activity is activities of lawyers (NACE 69101).
- What is the legal form of TIMOTHY SPEELMAN?
- TIMOTHY SPEELMAN is a private limited company (BV).
- When was TIMOTHY SPEELMAN founded?
- TIMOTHY SPEELMAN was founded on 14-10-2003.
- Is TIMOTHY SPEELMAN still active?
- Yes, TIMOTHY SPEELMAN is an active enterprise in the KBO register.
- What is the turnover of TIMOTHY SPEELMAN?
- The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €342,081 and 35 comparable companies (NACE 69). It probably lies between €490,000 and €670,000.Financials
- Is TIMOTHY SPEELMAN profitable?
- In financial year 2025, TIMOTHY SPEELMAN made a profit of €217,545.
- Where can I find the annual accounts of TIMOTHY SPEELMAN?
- TIMOTHY SPEELMAN filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TIMOTHY SPEELMAN due?
- TIMOTHY SPEELMAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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