Equity
€148,395 ▼ 12.5%
TIMSAR paid out €50,833 in dividends. That is 171% of the 2025 profit.
TIMSAR
Lifetime
10 annual accounts with figures on one time axispeak €98,227 (2024)
€69,312▼ 29.4%
lowest -€887 (2016)
€29,699▼ 44.1%
peak €169,530 (2024)
€148,395▼ 12.5%
€478,831▲ 4.7%
Board1 name since 2015
1 director
Documentsfilings and deeds
29-08-202629 days late
2025micro format
Gross margin from €98,227 to €69,312Result from €53,158 to €29,699Dividend €50,833Equity from €169,530 to €148,395Cash from €54,755 to €71,321
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as TIMSAR has now. Each dot stands for 11 companies, two years later.
97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 4,107 companies, not a prediction for TIMSAR. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0641661433
Change of role: , from manager to director
“Management en consultancy in het algemeen; Handelsbemiddeling en commissionair in alle sectoren; Handel in…” (deed in Dutch) · Director discharge: · General meeting of 22-11-2023 · Gazette deed
New establishment in Sint-Martens-Latem
Latemstraat 65
Registered office moved from Ghent to Afsnee
New registered office: Broekkantstraat 28/A, 9051 Afsnee · Previous registered office: Ekkergemstraat 102, 9000 Gent · General meeting of 01-04-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TIMSAR Ghent | €627,226 | €69,312 | 23.7% | - |
| Immo Lava Kluisbergen | €619,974 | €69,260 | 18.8% | - |
| VDS Merelbeke-Melle | €656,665 | €74,187 | 25.3% | - |
| UNITED HOLDINGS Sint-Martens-Latem | €600,875 | €66,712 | 43.2% | - |
| KOVEBELO Ghent | €564,857 | €61,259 | 95.1% | - |
| Thingit Ghent | €744,670 | €69,474 | 99.0% | - |
| JOLIBAR Merelbeke-Melle | €726,253 | €79,279 | 69.0% | - |
These companies have the same main activity as TIMSAR: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €565,000 and €745,000, founded in 2015.
Official details
Source: KBO- Status
- Active since 16-10-2015Normal situation
- Activity
- Business and other management consultancyNACE 70200and 2 others
- Establishment units
- 2.247.247.0059051 Ghent, since 16-10-2015
- 2.303.468.5029830 Sint-Martens-Latem, since 01-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 10-04-2025
Insights on TIMSAR
TIMSAR files the micro format. That format states no turnover. The gross margin rose from €5,249 in 2016 to €69,312 in 2025.
The balance sheet grew most from 2017 to 2019 through fixed assets.
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 TIMSAR
- What is the company number of TIMSAR?
- The company number of TIMSAR is 0641.661.433. The VAT number is the same number with BE in front: BE 0641.661.433.
- Where is TIMSAR based?
- The registered office is at Broekkantstraat 28, 9051 Ghent.Company details
- What does TIMSAR do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of TIMSAR?
- TIMSAR is a private limited company (BV).
- When was TIMSAR founded?
- TIMSAR was founded on 16-10-2015.
- Is TIMSAR still active?
- Yes, TIMSAR is an active enterprise in the KBO register.
- What is the turnover of TIMSAR?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €69,312 and 120 comparable companies (NACE 70200). It probably lies between €110,000 and €180,000.Financials
- Is TIMSAR profitable?
- In financial year 2025, TIMSAR made a profit of €29,699.
- Where can I find the annual accounts of TIMSAR?
- TIMSAR filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TIMSAR due?
- TIMSAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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