VRANKEN TIM
ActiveSummary
The computed 12-month bankruptcy probability of VRANKEN TIM is 2.0% (moderate). The 2025 annual accounts show equity of €23k and a net result of €3k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 32% of 405 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+3
Solvency45▼-19
Growth52=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.88 in 2024; short-term debt: 58.1% and cash: 8.9% of total assets), and 80.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Manufacture of furniture (NACE 31)
about 43% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19.8%
Return on assets
2.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 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 · 3 filingsDeviation from the deadline
2025
38 d late
2024
28 d late
2023
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▲ 13.2%
2024 · €21k
2023: €21klowest in 3 years
2024: €21k▲ +0.6% vs 2023
2025: €23k▲ +13.2% vs 2024highest in 3 years
2023 → 2025
Total assets
€118k▲ 122%
2024 · €53k
2023: €42klowest in 3 years
2024: €53k▲ +26.7% vs 2023
2025: €118k▲ +122% vs 2024highest in 3 years
2023 → 2025
Net result
€3k▲ 2,270%
2024 · €116
2023: €16khighest in 3 years
2024: €116▼ -99.3% vs 2023lowest in 3 years
2025: €3k▲ +2270% vs 2024
2023 → 2025
Working capital
€16k▼ 33.8%
2024 · €24k
2023: €19k
2024: €24k▲ +29.5% vs 2023highest in 3 years
2025: €16k▼ -33.8% vs 2024lowest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€21k-€21k▲ 0.6%€23k▲ 13.2%
2023: €21klowest in 3 years
2024: €21k▲ +0.6% vs 2023
2025: €23k▲ +13.2% vs 2024highest in 3 years
Operating result€20k-€239▼ 98.8%€4k▲ 1,688%
2023: €20khighest in 3 years
2024: €239▼ -98.8% vs 2023lowest in 3 years
2025: €4k▲ +1688% vs 2024
Net result€16k-€116▼ 99.3%€3k▲ 2,270%
2023: €16khighest in 3 years
2024: €116▼ -99.3% vs 2023lowest in 3 years
2025: €3k▲ +2270% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,688% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €118k
Fixed assets
€33k ▲ 3,328%
Current assets
€85k ▲ 62.0%
Equity and liabilities €118k
Equity
€23k ▲ 13.2%
Debt
€95k ▲ 190%
Debt's share of the balance-sheet total rises from 61.2% to 80.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6k▲
2024 · €1k
Cash flow
€4k▲
2024 · €927
Current ratio
1.24▼
2024 · 1.88
Quick ratio
0.61▼
2024 · 0.89
Debt to equity
4.04▲
2024 · 1.58
ROE
11.7%▲
2024 · 0.6%
ROA
2.3%▲
2024 · 0.2%
Interest coverage
7.41▼
2024 · 8.50
Debt ≤ 1 year
€69k▲
2024 · €28k
Debt > 1 year
€26k
Income taxes
€2k
Staff costs
€38k▲
2024 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€53k€118k▲
Fixed assets21/28€972€33k▲
Tangible fixed assets22/27€972€33k▲
Plant, machinery and equipment23€972€33k▲
Current assets29/58€52k€85k▲
Stocks and contracts in progress3€28k€43k▲
Stocks30/36€28k€43k▲
Amounts receivable within one year40/41€15k€29k▲
Trade receivables40€10k€15k▲
Other amounts receivable41€5k€14k▲
Cash at bank and in hand54/58€9k€11k▲
Deferred charges and accrued income490/1€290€2k▲
Equity and liabilities
Total equity and liabilities10/49€53k€118k▲
Equity10/15€21k€23k▲
Contributions10/11€5k€5k=
Reserves13€16k€18k▲
Distributable reserves133€16k€18k▲
Amounts payable17/49€33k€95k▲
Amounts payable after more than one year17-€26k
Financial debts170/4-€26k
Amounts payable within one year42/48€28k€69k▲
Current portion of amounts payable after more than one year42-€6k
Trade debts44€2k€39k▲
Suppliers440/4€2k€39k▲
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€5k€2k▼
Remuneration and social security454/9€5k€9k▲
Other amounts payable47/48€15k€12k▼
Accrued charges and deferred income492/3€5k-
Income statement
Code20242025
Non-recurring operating income76A€12k-
Remuneration, social security and pensions62€33k€38k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€812€1k▲
Other operating charges640/8€1k€9k▲
Gross operating margin9900€36k€52k▲
Operating profit (loss)9901€239€4k▲
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€124€757▲
Recurring financial charges65€124€757▲
Profit (loss) for the period before taxes9903€116€5k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€116€3k▲
Profit (loss) for the period to be appropriated9905€116€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€116€3k▲
Transfer to equity691/2€116€3k▲
To the legal reserve6920€116€3k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | €12k | - | - |
| Remuneration, social security and pensions62 | €13k | €33k | €38k | ▲ 14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €812 | €1k | ▲ 63.7% |
| Other operating charges640/8 | €546 | €1k | €9k | ▲ 574% |
| Gross operating margin9900 | €36k | €36k | €52k | ▲ 46.9% |
| Operating profit (loss)9901 | €20k | €239 | €4k | ▲ 1,688% |
| Financial income75/76B | - | - | €2k | - |
| Recurring financial income75 | - | - | €2k | - |
| Financial charges65/66B | €286 | €124 | €757 | ▲ 512% |
| Recurring financial charges65 | €286 | €124 | €757 | ▲ 512% |
| Profit (loss) for the period before taxes9903 | €20k | €116 | €5k | ▲ 4,324% |
| Income taxes67/77 | €4k | - | €2k | - |
| Profit (loss) for the period9904 | €16k | €116 | €3k | ▲ 2,270% |
| Profit (loss) for the period to be appropriated9905 | €16k | €116 | €3k | ▲ 2,270% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €42k | €53k | €118k | ▲ 122% |
| Fixed assets21/28 | €2k | €972 | €33k | ▲ 3,328% |
| Tangible fixed assets22/27 | €2k | €972 | €33k | ▲ 3,328% |
| Plant, machinery and equipment23 | €2k | €972 | €33k | ▲ 3,328% |
| Current assets29/58 | €40k | €52k | €85k | ▲ 62.0% |
| Stocks and contracts in progress3 | €27k | €28k | €43k | ▲ 55.9% |
| Stocks30/36 | €27k | €28k | €43k | ▲ 55.9% |
| Amounts receivable within one year40/41 | €3k | €15k | €29k | ▲ 89.9% |
| Trade receivables40 | - | €10k | €15k | ▲ 47.3% |
| Other amounts receivable41 | €3k | €5k | €14k | ▲ 168% |
| Cash at bank and in hand54/58 | €10k | €9k | €11k | ▲ 14.5% |
| Deferred charges and accrued income490/1 | - | €290 | €2k | ▲ 687% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €42k | €53k | €118k | ▲ 122% |
| Equity10/15 | €21k | €21k | €23k | ▲ 13.2% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Reserves13 | €16k | €16k | €18k | ▲ 17.5% |
| Distributable reserves133 | €16k | €16k | €18k | ▲ 17.5% |
| Amounts payable17/49 | €21k | €33k | €95k | ▲ 190% |
| Amounts payable after more than one year17 | - | - | €26k | - |
| Financial debts170/4 | - | - | €26k | - |
| Amounts payable within one year42/48 | €21k | €28k | €69k | ▲ 146% |
| Current portion of amounts payable after more than one year42 | - | - | €6k | - |
| Trade debts44 | - | €2k | €39k | ▲ 1,494% |
| Suppliers440/4 | - | €2k | €39k | ▲ 1,494% |
| Taxes, remuneration and social security45 | €10k | €10k | €11k | ▲ 9.3% |
| Taxes450/3 | €5k | €5k | €2k | ▼ 65.6% |
| Remuneration and social security454/9 | €5k | €5k | €9k | ▲ 89.8% |
| Other amounts payable47/48 | €11k | €15k | €12k | ▼ 20.6% |
| Accrued charges and deferred income492/3 | €72 | €5k | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €116 | €3k | ▲ 2,270% |
| + Depreciation and write-downs630 | €2k | €812 | €1k | ▲ 63.7% |
| Operating cash flow (approximation) | €18k | €927 | €4k | ▲ 339% |
| Investment in fixed assets (approximation) | - | €0 | €-34k | - |
| Change in cash | - | €-787 | €1k | ▲ 270% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 38 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €116 ▼99.3%
Net result drops to €116, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Houthalen-Helchteren · 1 establishment unit since 2023
Ground area
1,475 m²
Building footprint
159 m²
Volume, LiDAR
712 m³
Parcel 72015A0593/00C000, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VRANKEN TIM
since 20232.342.730.934
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015A0593/00C000 | Flanders | 1,475 m² | 1 · 159 m² | 8.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 9,000 EUR awarded · 9,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 9,000 EUR | 9,000 EUR |
Schemes
Subsidies voor internationaal ondernemen
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Of 1,499 companies in sector 31004 we hold annual accounts for 621. 352 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
31004Manufacture of dining room, living room, bedroom and bathroom furniture
95240Repair and maintenance of furniture and upholstery
Scores and ratios are computed by Checked and are not a credit decision.