TIMVAL
ActiveSummary
The computed 12-month bankruptcy probability of TIMVAL is 3.7% (moderate). The 2025 annual accounts show equity of €248,080 and a net result of €83,337. Equity is growing by about 42% per year across the filed financial years. Its solvency ranks better than 79% of 34,855 sector peers (NACE 43, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TIMVAL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)“Beslist of mandaat al dan niet ten kosteloze titel wordt uitgeoefend, vergoeding van de bestuurders” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft ten laste overdrager,helft ten laste koper(s) naar evenredigheid aantal aandelen,ook bij weigering erfgenaam of legataris, elke…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 1 June at 10:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie aangewezen als vereffenaar(s) krachtens statuten indien geen…” (deed in Dutch)