TIMA INVEST
ActiveSummary
TIMA INVEST has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €365k and a net result of €113. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 79% of 8093 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability38▼-30
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.74 against 4.06 in 2023; short-term debt: 16.8% and cash: 13% of total assets), and 16.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
on the day
2022
31 d late
2021
2 d early
2020
87 d late
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€365k=
2023 · €365k
2018: €175k
2019: €211k
2020: €216k
2021: €228k
2022: €325k
2023: €365k
2018 → 2024
Total assets
€439k▼ 3.5%
2023 · €455k
2018: €344k
2019: €353k
2020: €356k
2021: €378k
2022: €484k
2023: €455k
2018 → 2024
Net result
€113▼ 99.8%
2023 · €55k
2018: €8k
2019: €36k
2020: €5k
2021: €12k
2022: €96k
2023: €55k
2018 → 2024
Working capital
€275k=
2023 · €275k
2018: €84k
2019: €121k
2020: €126k
2021: €138k
2022: €235k
2023: €275k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€216k-€228k▲ 5.6%€325k▲ 42.2%€365k▲ 12.3%€365k=
Operating result€2k-€9k▲ 340%€121k▲ 1,321%€70k▼ 42.0%€-3k
Net result€5k-€12k▲ 134%€96k▲ 690%€55k▼ 42.9%€113▼ 99.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €3k after €70k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €439k
Fixed assets
€90k =
Current assets
€349k ▼ 4.4%
Equity and liabilities €439k
Equity
€365k =
Debt
€74k ▼ 18.1%
Debt's share of the balance-sheet total falls from 19.7% to 16.8%. Debt is lower.
Key figures and ratios
Current ratio
4.74▲
2023 · 4.06
Debt to equity
0.20▼
2023 · 0.25
ROE
0.0%▼
2023 · 15.1%
ROA
0.0%▼
2023 · 12.1%
Debt ≤ 1 year
€74k▼
2023 · €90k
Income taxes
€390▼
2023 · €19k
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€455k€439k▼
Fixed assets21/28€90k€90k=
Financial fixed assets28€90k€90k=
Current assets29/58€365k€349k▼
Amounts receivable within one year40/41€301k€291k▼
Trade receivables40€16k€4k▼
Other amounts receivable41€285k€286k▲
Cash at bank and in hand54/58€63k€57k▼
Deferred charges and accrued income490/1€496€724▲
Equity and liabilities
Total equity and liabilities10/49€455k€439k▼
Equity10/15€365k€365k=
Contributions10/11€165k€165k=
Capital10€165k€165k=
Issued capital100€165k€165k=
Reserves13€157k€157k=
Non-distributable reserves130/1€17k€17k=
Legal reserve130€17k€17k=
Distributable reserves133€140k€140k=
Profit (loss) carried forward14€43k€44k▲
Amounts payable17/49€90k€74k▼
Amounts payable within one year42/48€90k€74k▼
Trade debts44€2k€392▼
Suppliers440/4€2k€392▼
Taxes, remuneration and social security45€2k€612▼
Taxes450/3€2k€612▼
Other amounts payable47/48€86k€73k▼
Income statement
Code20232024
Non-recurring operating income76A-€1k
Other operating charges640/8€1k€1k▲
Gross operating margin9900€71k€-2k▼
Operating profit (loss)9901€70k€-3k▼
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Financial charges65/66B€48€309▲
Recurring financial charges65€48€309▲
Profit (loss) for the period before taxes9903€74k€503▼
Income taxes67/77€19k€390▼
Profit (loss) for the period9904€55k€113▼
Profit (loss) for the period to be appropriated9905€55k€113▼
Appropriation of the result
Profit (loss) to be appropriated9906€99k€44k▼
Profit (loss) brought forward from the previous period14P€43k€43k=
Transfer to equity691/2€40k€0▼
To other reserves6921€40k€0▼
Profit to be distributed694/7€15k€0▼
Directors or managers695€15k€0▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €113 ▼99.8%
Net result drops to €113, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €96k ▲690%
Operating result €121k, net result €96k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 87 days late
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €211k ▲20.5%
2 profitable years in a row build equity to €211k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Avelgem · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oudenaardsesteenweg 5088581 AvelgemGround area
2,482 m²
Building footprint
167 m²
Volume, LiDAR
1,244 m³
Parcel 34020A0421/00G000, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Oudenaardsesteenweg 508, 8581 Avelgem
since 20002.099.908.953
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34020A0421/00G000 | Flanders | 2,482 m² | 1 · 167 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BECO4HR
BE 0692.858.528
Kapellen · Eq €365,139
PHD CONSULT
BE 0465.582.479
Meise · Eq €365,072
WISHBONE MARINE
BE 0473.973.474
Beersel · Eq €365,165
CORE CONSTRUCT
BE 0899.056.970
Dendermonde · Eq €365,060
AMBITION TO SUCCESS
BE 0435.429.337
Wavre · Eq €365,237
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 36,945 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-08-2000
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:luc.tillie@timainvest.be
Phone:+32477375905