Skip to content
Checked.be
Complete company report
Generated 05-07-2026
Active BE 0790.686.392Private limited company

TIMVAL

Zittert 49 ·1730 Asse, Belgium· 3 yrs active
Sector: Specialised construction (43332)
Conclusion Checked

The computed 12-month bankruptcy probability of TIMVAL is 2.4% (average). The 2024 annual accounts show equity of €165k and a net result of €56k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €165k
Net result €56k
Active 3 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health85Profitability94Solvency99Growth54Stability94
85 / 100

Exceptional profile — strong across almost every axis.

Health 85
Profitability 94
Solvency 99
Growth 54
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
2.4% Average
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile −

Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2022 — past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
85 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 15-10-2025 with the NBB · fiscal year 2024 · micro
€0€200k€400kRevenue 2023: €422k€422kOperating result 2023: €139k€139kNet result 2023: €106k€106kRevenue 2024: €452k€452kOperating result 2024: €79k€79kNet result 2024: €56k€56k20232024
RevenueOperating resultNet result
Revenue
€452k
+7.1% 23–24
Net profit
€56k
-46.6% +35% vs sector
Total assets
€256k
+24.9% -43% vs sector
Equity
€165k
+52.1% ≈ vs sector
Working capital
€165k
+52.1% +19% vs sector
Income taxes
€15k
-50.0% +104% vs sector
Debt
€92k
-5.5% -60% vs sector
Debt ≤ 1y
€92k
-5.5% -56% vs sector
Current ratio
2.80
+32.2% +30% vs sector
Quick ratio
2.80
+32.2% +102% vs sector
Solvency
64.3%
+21.8% +63% vs sector
Debt / equity
0.56
-37.9% -60% vs sector
ROE
34.3%
-64.9% +46% vs sector
ROA
22.0%
-57.3% far above sector median
Net margin
12.5%
-50.2% 23–24
Figures by fiscal year
Fiscal year2024
Revenue€452k
EBITDA—
Net profit€56k
Cash flow—
Staff costs—
Income taxes€15k
Dividends—
Total assets€256k
Equity€165k
Debt€92k
of which ≤ 1y€92k
of which > 1y—
Working capital€165k
Employees (FTE)—
Ratios (computed)
2024
Current ratio2.80
Quick ratio2.80
Working capital ratio64.3%
Solvency64.3%
Debt / equity0.56
Long-term debt ratio—
Interest coverage—
Gross margin17.6%
Net margin12.5%
ROA22.0%
ROE34.3%
EBITDA margin—
Days sales outstanding50d
Days payable outstanding47d
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet — Assets
TOTAL ASSETS 20/58€256k
Current assets 29/58€256k
Amounts receivable within one year 40/41€248k
Cash & bank 54/58€8k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€256k
Equity 10/15€165k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€162k
Amounts payable 17/49€92k
Amounts payable within one year 42/48€92k
Trade debts payable within one year 44€48k
Income statement
Turnover 70€452k
Gross operating margin 9900€80k
Operating result 9901€79k
Financial income 75€7
Financial charges 65€8k
Result before taxes 9903€71k
Income taxes 67/77€15k
Net result for the period 9904€56k
Result to be appropriated 9905€56k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Specialised construction(43332)
Legal form Private limited company(610)
Incorporation12-09-2022
StatusActive
Postal code1730
Establishment units 1 location
TIMVAL
Zittert 49, 1730 AsseIsolatiewerkzaamheden
since 20222.335.186.809
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23322D0130/00B002 Flanders 74 m² 1 · 67 m² 6.6 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
15-10-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
30-09-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms — you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Plaatsen van vloerbedekking en wandbekleding van hout43332Plaatsen van vloerbedekking en wandbekleding van hout43332Plaatsen van vloer- en wandtegels43331Plaatsen van vloer- en wandtegels43331Schilderen van gebouwen43341Schilderen van gebouwen43341Chapewerken43422Overige gespecialiseerde bouwactiviteiten, neg43990Restaureren van bouwwerken43995Chapewerken43996Overige gespecialiseerde bouwwerkzaamheden43999
Primary activity highlighted.
Names & trade names
Legal nameNL TIMVAL
Registered office
Zittert 49
1730 Asse, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
REI PRODUKTEN BE 0461.062.873 · Gent
ORNIPA BE 0462.237.266 · Antwerpen
NIEUWPARKET BE 0472.899.447 · Aalter
RODAN INTERIEUR BE 0430.082.063 · Stekene
CMZA BE 0413.561.973 · Knokke-Heist
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative