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VERBESTEL TIM

Active
Private limited companyfounded 200917 years activeMoorselbaan 659, 9300 Aalst, BelgiumKBO/BCE: BE 0809.666.126
Summary

The computed 12-month bankruptcy probability of VERBESTEL TIM is 3.0% (moderate). The 2024 annual accounts show equity of €579,083 and a net result of €160,361. Equity is growing by ~12.9% per year across the filed fiscal years. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€1.8mtotal assets 2024
Equity
€579,083
Profit
€160,361
Turnover not published (abridged schema)
Financial health
52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.0%
Structure
Holdings
1
Accounts 69 days overdue1 of 4 deeds read
Why 52- 1 change of registered office in 24 months- Figures for FY 2024 (filed 24-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 85 days late; 3 of the last 3 late+ Size: total assets €1.8mShow the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 56% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Strong
Solvency 57-25
equity 31.9% of total assets
Liquidity 56+4
short-term debt 7.9% · cash 4.8%
Profitability 80-1
return on assets 8.8%
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.1% 12-2024: 1.5%▲ +0.4 percentage points vs 11-2024 01-2025: 0.4%▼ -1.1 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 0.8%▲ +0.2 percentage points vs 07-2025 09-2025: 0.9%▲ +0.1 percentage points vs 08-2025 10-2025: 1.2%▲ +0.3 percentage points vs 09-2025 11-2025: 0.2%▼ -1.0 percentage point vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.6%▲ +0.4 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%▲ +0.2 percentage points vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.5 percentage points vs 07-2026 09-2026: 1.9%▲ +0.4 percentage points vs 08-2026 10-2026: 3.0%▲ +1.1 percentage points vs 09-2026highest value
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 6.03 against 1.62 in 2023; short-term debt: 7.9% and cash: 4.8% of total assets), but 68.1% of the assets are financed with debt.
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 34% on solvency, 52% on liquidity, 63% on profitability and 76% on growth.

The bankruptcy probability was computed on 08-10-2026 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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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €1.8m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Figures for FY 2024 (filed 24-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 85 days late; 3 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-10-2025, 85 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
85 days late
2023
153 days late
2022
65 days late
2021
100 days late
2020
92 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 103 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Registered officeRegistered-office move · Director in…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Highest result since 2018net €160,361 ▲90.1%

Key points

  • Positive: Result rose in 2024from €84,352 to €160,361 ▲ 90.1% View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Positive: 7 profitable years in a rowprofit 2024: €160,361 7 years View

By topic

Financials

Fiscal year
2024
Total assets
€1.8m
Profit
€160,361
Solvency
31.9%
Total assets▲ 114%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2016
  1. 31-12-2024Liquidity quadruples
  2. 31-12-2024Equity above €500,000
  3. 31-12-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
09-02-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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