Timoti
ActiveSummary
Timoti has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €408,540, of which €678,261 non-recurring income. Equity is growing by about 8% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €1.2m
- Profit
- €408,540
- FORK INVESTDirector
- MOEYKENS Francis Geert EnaDirector
Why 94raises riskLast filed accounts filed 11 days late; 1 of the last 3 lateLiquidity: current ratio 9.62, cash €11,127, halvedlowers riskSize: total assets €1.5mEquity €1.2m (80.7% of total assets)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 81% on solvency, 43% on liquidity, 90% on profitability and 87% on growth.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 12 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €408,540
- Liquidity more than 95 timescurrent ratio 9.62
Financials · financial year 2025, micro format
2025 annual accounts filed late (11 days) Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00394802.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €603,707 after a loss of €17,897 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,139 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | €64,099 | €81,470 | - | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €60,000 | €0 | - | - | €678,261 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53,323 | €68,671 | €58,192 | €56,782 | €55,898 | €47,061 | €50,918 | €31,334 | ▼ 38.5% |
| Other operating charges640/8 | - | - | - | €8,041 | €8,158 | €8,943 | €9,419 | €5,527 | ▼ 41.3% |
| Gross operating margin9900 | €32,547 | €302,885 | €526,421 | €135,786 | €26,529 | €17,955 | €42,440 | €640,569 | ▲ 15× |
| Operating profit (loss)9901 | -€39,139 | €25,740 | €447,799 | €70,963 | -€37,528 | -€38,049 | -€17,897 | €603,707 | - |
| Financial income75/76B | - | - | - | €896 | €0 | €33 | €0 | €4,647 | ▲ 15,491× |
| Recurring financial income75 | €95 | €35 | €14 | €896 | €0 | €33 | €0 | €4,647 | ▲ 15,491× |
| Financial charges65/66B | - | - | - | €9,394 | €9,752 | €14,547 | €22,806 | €10,889 | ▼ 52.3% |
| Recurring financial charges65 | €9,090 | €13,164 | €19,874 | €9,394 | €9,752 | €14,547 | €22,806 | €10,889 | ▼ 52.3% |
| Profit (loss) for the period before taxes9903 | -€48,135 | €12,611 | €427,938 | €62,464 | -€47,279 | -€52,564 | -€40,703 | €597,465 | - |
| Transfer from deferred taxes780 | - | - | - | €13,719 | €10,007 | €10,007 | €10,556 | €10,556 | = |
| Transfer to deferred taxes680 | - | - | - | €15,000 | €0 | - | - | - | - |
| Income taxes67/77 | - | - | €2,728 | €15,242 | -€21 | €0 | €0 | €199,481 | ▲ 3,324,677× |
| Profit (loss) for the period9904 | -€15,017 | €20,451 | €321,142 | €45,941 | -€37,251 | -€42,556 | -€30,147 | €408,540 | - |
| Transfer from tax-exempt reserves789 | - | - | - | €41,156 | €30,022 | €30,022 | €31,667 | €31,667 | = |
| Transfer to tax-exempt reserves689 | - | - | - | €45,000 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€19,551 | €39,645 | €8,939 | €42,097 | -€7,230 | -€12,535 | €1,520 | €440,208 | ▲ 290× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.0m | €1.9m | €1.8m | €1.8m | €1.7m | €1.6m | €1.7m | €1.5m | ▼ 9.7% |
| Fixed assets21/28 | €0.9m | €1.8m | €1.7m | €1.7m | €1.6m | €1.6m | €1.6m | €0.9m | ▼ 42.0% |
| Tangible fixed assets22/27 | €0.9m | €1.8m | €1.7m | €1.7m | €1.6m | €1.6m | €1.6m | €0.9m | ▼ 42.0% |
| Land and buildings22 | - | - | - | €1.7m | €1.6m | €1.6m | €1.6m | €0.9m | ▼ 43.1% |
| Plant, machinery and equipment23 | - | - | - | €0.02m | €0.01m | €0.01m | €0.06m | €0.05m | ▼ 12.6% |
| Furniture and vehicles24 | - | - | - | €0 | - | - | - | - | - |
| Current assets29/58 | €0.08m | €0.07m | €0.02m | €0.09m | €0.06m | €0.01m | €0.03m | €0.6m | ▲ 18× |
| Amounts receivable within one year40/41 | €14 | €20 | €5 | €0 | - | €0.001m | €10 | €10 | = |
| Trade receivables40 | - | - | - | - | - | €0.001m | €0 | - | - |
| Other amounts receivable41 | - | - | - | €0 | - | €10 | €10 | €10 | = |
| Current investments50/53 | - | - | - | - | - | - | - | €0.5m | - |
| Cash at bank and in hand54/58 | €0.08m | €0.07m | €0.02m | €0.09m | €0.06m | €0.01m | €0.03m | €0.01m | ▼ 64.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.0m | €1.9m | €1.8m | €1.8m | €1.7m | €1.6m | €1.7m | €1.5m | ▼ 9.7% |
| Equity10/15 | €0.5m | €0.5m | €0.9m | €0.9m | €0.9m | €0.8m | €0.8m | €1.2m | ▲ 51.5% |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Capital10 | - | - | - | €0.2m | €0.2m | - | - | - | - |
| Issued capital100 | - | - | - | €0.2m | €0.2m | - | - | - | - |
| Reserves13 | €0.4m | €0.4m | €0.7m | €0.7m | €0.7m | €0.6m | €0.6m | €1.0m | ▲ 66.2% |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0 | - | €0.4m | - |
| Legal reserve130 | - | - | - | €0.02m | €0.02m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | €0 | - | - | - |
| Other1319 | - | - | - | - | - | - | - | €0.4m | - |
| Tax-exempt reserves132 | - | - | - | €0.7m | €0.7m | €0.6m | €0.6m | €0.6m | ▼ 5.3% |
| Distributable reserves133 | - | - | - | - | - | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | -€0.1m | - | €0.003m | €0.04m | €0.04m | €0.03m | €0.03m | €0.03m | = |
| Provisions and deferred taxes16 | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 5.3% |
| Deferred taxes168 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 5.3% |
| Amounts payable17/49 | €0.4m | €1.2m | €0.7m | €0.6m | €0.6m | €0.6m | €0.7m | €0.1m | ▼ 85.1% |
| Amounts payable after more than one year17 | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €0.4m | €0.4m | €0.3m | €0.3m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €0.1m | €0.7m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.06m | ▼ 81.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0 | ▼ 100% |
| Trade debts44 | €0.009m | €0.01m | €0.02m | €0.01m | €0.02m | €0.009m | €0.009m | €0.009m | ▼ 2.8% |
| Suppliers440/4 | - | - | - | €0.01m | €0.02m | €0.009m | €0.009m | €0.009m | ▼ 2.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.02m | €0 | - | €0.05m | - |
| Taxes450/3 | - | - | - | €0.02m | €0.02m | €0 | - | €0.05m | - |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.1m | €0.1m | €0.3m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €0.09m | €0.08m | €0.07m | €0.06m | €0.04m | ▼ 33.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,017 | €20,451 | €321,142 | €45,941 | -€37,251 | -€42,556 | -€30,147 | €408,540 | - |
| + Depreciation and write-downs630 | €53,323 | €68,671 | €58,192 | €56,782 | €55,898 | €47,061 | €50,918 | €31,334 | ▼ 38.5% |
| Operating cash flow (approximation) | €38,306 | €89,122 | €379,334 | €102,724 | €18,647 | €4,505 | €20,770 | €439,875 | ▲ 21× |
| Investment in fixed assets (approximation) | - | -€938,796 | -€11,832 | €0 | €0 | €0 | -€83,400 | €649,592 | - |
| Change in cash | - | -€11,873 | -€49,468 | €70,712 | -€29,272 | -€48,074 | €21,085 | -€19,816 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 43 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 11-08-2026 | 2026-00394802 |
| 31-12-2024 | micro format | 25-04-2025 | 2025-00076764 |
| 31-12-2023 | micro format | 23-09-2024 | 2024-00468497 |
| 31-12-2022 | micro format | 19-06-2023 | 2023-00145244 |
| 31-12-2021 | micro format | 26-09-2022 | 2022-20449590 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-66100326 |
| 31-12-2019 | micro format | 07-10-2020 | 2020-59800450 |
| 31-12-2018 | micro format | 31-08-2019 | 2019-63400077 |
| 31-12-2017 | micro format | 25-09-2018 | 2018-64100522 |
| 31-12-2016 | micro format | 30-08-2017 | 2017-50500522 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| FORK INVEST |
|
| MOEYKENS Francis Geert Ena |
|
| MOEYKENS Margot Fauve Elouise Arnaud |
|
Owners and capital
Capital and shareholders
- 25-07-2023 Converted to unavailable equity
- 25-07-2023 Converted to unavailable equity
- 25-07-2023 Converted to available equity
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
25-07
Gazette deed
Resignations: FORK INVEST, MOEYKENS Francis Geert Ena and MOEYKENS Margot Fauve Elouise ArnaudPermanent representative: MOEYKENS Filip Jérôme Geert · Reappointments: FORK INVEST (director) and MOEYKENS Francis Geert Ena (director) · Amendment of the articles19 facts ▸
- General meeting, 30-06-2023
- Amendment of the articles (2 times)
- Other provision, “vrijstelling voorlezing verslagen, Tweede besluit” (deed in Dutch)
- Auditor report, “nagaan of netto-actief overgewaardeerd, geen elementen dat netto-actief overgewaardeerd in alle van materieel belang zijnde opzichten overeenkomstig Belgisch bo…” (deed in Dutch)
- Other provision, “ontvangst verslagen door aandeelhouders, geen opmerkingen” (deed in Dutch)
- Legal-form conversion, “Besloten Vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch) (2 times)
- Capital conversion, “beschikbaar voor uitkering” (deed in Dutch)
- Registered-office move, 8000 Brugge,Pottenmakersstraat 30
- Other provision, “elektronische vorm, elektronisch aandelenregister” (deed in Dutch)
- Capital
- Director resignation, FORK INVEST (director)
- +7 further facts in this act
Show earlier events
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31805E1105/00F000 | Flanders | 195 m² | 1 · 127 m² | 9.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en…” (deed in Dutch)
10 activities (deed in Dutch)
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan-en verkoop,huur en verhuur van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan,dit alles zonder handel in onroerende goederen te drijven.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.
- De vennootschap kan handelen voor eigen rekening,als tussenpersoon,als vertegenwoordiger of in het algemeen in de meest ruime zin.
- De vennootschap mag deelnemen in alle ondernemingen of aan alle activiteiten die een gelijkaardig of aanverwant doel nastreven of die de verwezenlijking van het voorwerp vergemakkelijken.
- Algemeen mag de vennootschap alle daden stellen van zowel burgerlijke,industriële,roerende,onroerende en financiële aard,welke rechtstreeks of onrechtstreeks,geheel of ten dele,in verband staan met het voorwerp.
- De vennootschap mag haar activiteiten uitvoeren zowel in het binnen-als buitenland.
- De vennootschap mag optreden als bestuurder of zaakvoerder in andere vennootschappen.
- De vennootschap mag zich borg stellen,haar goederen tot zekerheid geven voor eigen rekening of voor rekening van derden.
- De opsomming hiervoor is informatief en niet limitatief.Dit alles in de meest ruime zin.
- De vennootschap zal zich dienen te onthouden van werkzaamheden die onderworpen zijn aan reglementaire bepalingen voor zover de vennootschap zelf niet aan deze bepalingen voldoet.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Timoti
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, ZESde besluit” (deed in Dutch)“Enkel besluit bestuursorgaan, Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De algemene vergadering die de bestuurder(s) benoemt bepaalt hun aantal, de duur van hun opdracht en, indien er meerdere bestuurders zijn…”“TITEL IV. BESTUUR - CONTROLE Artikel 10. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
Full text
TITEL IV. BESTUUR - CONTROLE Artikel 10. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder, benoemd met of zonder beperking van duur en die, indien zij worden benoemd in de statuten, de hoedanigheid van statutair bestuurder kunnen hebben. De algemene vergadering die de bestuurder(s) benoemt bepaalt hun aantal, de duur van hun opdracht en, indien er meerdere bestuurders zijn, hun bevoegdheid. Bij gebrek aan bepaling van de duurtijd, wordt hun mandaat geacht van onbepaalde duur te zijn Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem toegekend, met de mogelijkheid een deel van deze bevoegdheden te delegeren. Indien de vennootschap door meer dan één bestuurders wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die nodig of nuttig zijn voor de verwezenlijking van het voorwerp van de vennootschap, behalve deze die de wet of de statuten aan de algemene vergadering voorbehouden. Iedere bestuurder alleen handelend vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Hij kan bijzondere machten toekennen aan elke mandataris.
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, Bestuursorgaan” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen” (deed in Dutch)