Timothy Van Dessel Services
ActiveTimothy Van Dessel Services has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €183k and a net result of €50k. Equity is growing by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 49% of 19347 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
91
/ 100
Excellent▲ +18 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+33
Solvency69▲+22
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.4 against 1.81 in 2023), but 70.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
69 d late
2022
92 d late
2021
31 d late
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€183k▲ 37.2%
2023 · €133k
2018: €11k
2019: €55k
2020: €125k
2021: €80k
2022: €115k
2023: €133k
2018 → 2024
Total assets
€613k▼ 0.3%
2023 · €614k
2018: €180k
2019: €302k
2020: €312k
2021: €570k
2022: €600k
2023: €614k
2018 → 2024
Net result
€50k▲ 177%
2023 · €18k
2018: €-7k
2019: €44k
2020: €70k
2021: €5k
2022: €35k
2023: €18k
2018 → 2024
Working capital
€117k▲ 38.2%
2023 · €85k
2018: €10k
2019: €77k
2020: €146k
2021: €41k
2022: €95k
2023: €85k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€125k-€80k▼ 36.0%€115k▲ 44.3%€133k▲ 15.5%€183k▲ 37.2%
Operating result€93k-€26k▼ 72.1%€57k▲ 120%€38k▼ 34.3%€77k▲ 104%
Net result€70k-€5k▼ 92.8%€35k▲ 609%€18k▼ 49.4%€50k▲ 177%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 104% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €613k
Fixed assets
€412k▼ 2.9%
Current assets
€201k▲ 5.7%
Equity and liabilities €613k
Equity
€183k▲ 37.2%
Debt
€430k▼ 10.6%
The debt ratio falls from 78.3% to 70.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€91k▲
2023 · €52k
Cash flow
€64k▲
2023 · €33k
Solvency
29.8%▲
2023 · 21.7%
Current ratio
2.40▲
2023 · 1.81
Quick ratio
2.40▲
2023 · 1.81
Debt / equity
2.35▼
2023 · 3.61
ROE
27.1%▲
2023 · 13.4%
ROA
8.1%▲
2023 · 2.9%
Interest coverage
5.74▲
2023 · 4.56
Debt
€430k▼
2023 · €481k
Debt ≤ 1 year
€84k▼
2023 · €105k
Debt > 1 year
€345k▼
2023 · €376k
Income taxes
€20k▲
2023 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€614k€613k▼
Fixed assets21/28€424k€412k▼
Tangible fixed assets22/27€424k€412k▼
Land and buildings22€412k€404k▼
Furniture and vehicles24€12k€8k▼
Current assets29/58€190k€201k▲
Amounts receivable within one year40/41€189k€190k▲
Trade receivables40€71k€5k▼
Other amounts receivable41€118k€186k▲
Cash at bank and in hand54/58€0€8k▲
Deferred charges and accrued income490/1€716€3k▲
Equity and liabilities
Total equity and liabilities10/49€614k€613k▼
Equity10/15€133k€183k▲
Contributions10/11€19k€19k=
Reserves13€115k€164k▲
Distributable reserves133€115k€164k▲
Amounts payable17/49€481k€430k▼
Amounts payable after more than one year17€376k€345k▼
Financial debts170/4€376k€345k▼
Amounts payable within one year42/48€105k€84k▼
Current portion of amounts payable after more than one year42€32k€35k▲
Financial debts43€38k€0▼
Credit institutions430/8€38k€0▼
Trade debts44-€13k
Suppliers440/4-€13k
Taxes, remuneration and social security45€34k€36k▲
Taxes450/3€34k€36k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼
Other operating charges640/8€10k€4k▼
Gross operating margin9900€63k€95k▲
Operating profit (loss)9901€38k€77k▲
Financial income75/76B€4k€9k▲
Recurring financial income75€4k€9k▲
Financial charges65/66B€11k€16k▲
Recurring financial charges65€11k€16k▲
Profit (loss) for the period before taxes9903€30k€70k▲
Income taxes67/77€12k€20k▲
Profit (loss) for the period9904€18k€50k▲
Profit (loss) for the period to be appropriated9905€18k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€50k▲
Transfer to equity691/2€18k€50k▲
To other reserves6921€18k€50k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Equity above €150kEq €183k ▲37.2%
6 profitable years in a row build equity to €183k.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial
Equity above €100kEq €115k ▲44.3%
4 profitable years in a row build equity to €115k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €70k ▲57.5%
Operating result €93k, net result €70k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.73
Current ratio from 1.67 to 3.73; short-term debt falls from €115k to €53k.
31-12
Financial
Equity above €100kEq €125k ▲126%
2 profitable years in a row build equity to €125k.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kontich · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kauwlei 602550 KontichGround area
810 m²
Building footprint
134 m²
Volume, LiDAR
684 m³
Parcel 11602C0117/00L000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Timothy Van Dessel Services
since 20172.270.799.593
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602C0117/00L000 | Flanders | 810 m² | 1 · 134 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,754 companies in sector 68310 we hold annual accounts for 6,908. 5,220 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2017
Fiscal year end31-12
Abbreviation NL
TVDS
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68121Development of residential building projects
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.