TIMi
ActiveTIMi has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €473k and a net result of €-399k. Equity is growing by ~28% per year across the filed fiscal years. Its solvency ranks better than 60% of 127 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-91
Solvency98▼-2
Growth35▼-40
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days only on tighter terms
Liquidity ample (current ratio 6.26 against 6.8 in 2024), and 42.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Sector 26
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.9%
Return on assets
-48.9%
Age of the figures
14 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 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
27 d late
2024
3 d late
2023
6 d early
2022
on the day
2021
11 d early
2020
66 d early
2019
58 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€566k▼ 39.4%
2024 · €933k
2023: €841k
2024: €933k
2023 → 2025
EBIT margin
-70.1%▼ 89.4pp
2024 · 19.2%
2023: 34.9%
2024: 19.2%
2023 → 2025
Net result
€-399k
2024 · €133k
2019: €31k
2020: €-69k
2021: €115k
2022: €344k
2023: €235k
2024: €133k
2019 → 2025
Working capital
€631k▼ 34.7%
2024 · €965k
2019: €192k
2020: €87k
2021: €366k
2022: €734k
2023: €831k
2024: €965k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€841k€933k▲ 11.1%€566k▼ 39.4%
Equity€161k-€505k▲ 214%€740k▲ 46.6%€873k▲ 17.9%€473k▼ 45.8%
Operating result€124k-€475k▲ 284%€293k▼ 38.3%€180k▼ 38.7%€-397k
Net result€115k-€344k▲ 201%€235k▼ 31.6%€133k▼ 43.6%€-399k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €397k after €180k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €818k
Fixed assets
€67k▼ 26.5%
Current assets
€751k▼ 33.7%
Equity and liabilities €818k
Equity
€473k▼ 45.8%
Debt
€345k▼ 1.7%
The debt ratio rises from 28.7% to 42.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-365k▼
2024 · €218k
Cash flow
€-367k▼
2024 · €171k
Solvency
57.9%▼
2024 · 71.3%
Current ratio
6.26▼
2024 · 6.80
Quick ratio
6.26▼
2024 · 6.80
Debt / equity
0.73▲
2024 · 0.40
ROE
-84.4%▼
2024 · 15.2%
ROA
-48.9%▼
2024 · 10.8%
Interest coverage
-36.31▼
2024 · 45.83
Debt
€345k▼
2024 · €351k
Debt ≤ 1 year
€120k▼
2024 · €166k
Income taxes
€15k▼
2024 · €84k
Staff costs
€245k▲
2024 · €201k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.22M€818k▼
Fixed assets21/28€91k€67k▼
Tangible fixed assets22/27€91k€67k▼
Plant, machinery and equipment23€52k€34k▼
Furniture and vehicles24€14k€10k▼
Other tangible fixed assets26€25k€23k▼
Financial fixed assets28€186€186=
Current assets29/58€1.13M€751k▼
Amounts receivable after more than one year29€345k€395k▲
Other amounts receivable291€345k€395k▲
Amounts receivable within one year40/41€347k€106k▼
Trade receivables40€321k€92k▼
Other amounts receivable41€26k€14k▼
Cash at bank and in hand54/58€328k€206k▼
Deferred charges and accrued income490/1€112k€44k▼
Equity and liabilities
Total equity and liabilities10/49€1.22M€818k▼
Equity10/15€873k€473k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€852k€453k▼
Amounts payable17/49€351k€345k▼
Amounts payable within one year42/48€166k€120k▼
Financial debts43€2k€3k▲
Other loans439€2k€3k▲
Trade debts44€48k€36k▼
Suppliers440/4€48k€36k▼
Taxes, remuneration and social security45€99k€66k▼
Taxes450/3€80k€26k▼
Remuneration and social security454/9€19k€40k▲
Other amounts payable47/48€17k€16k▼
Accrued charges and deferred income492/3€184k€225k▲
Income statement
Code20242025
Turnover70€933k€566k▼
Remuneration, social security and pensions62€201k€245k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€32k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€21k€90k▲
Other operating charges640/8€6k€8k▲
Non-recurring operating charges66A-€11k
Gross operating margin9900€446k€-11k▼
Operating profit (loss)9901€180k€-397k▼
Financial income75/76B€42k€23k▼
Recurring financial income75€11k€23k▲
Non-recurring financial income76B€31k-
Financial charges65/66B€5k€10k▲
Recurring financial charges65€5k€10k▲
Non-recurring financial charges66B€261-
Profit (loss) for the period before taxes9903€217k€-384k▼
Income taxes67/77€84k€15k▼
Profit (loss) for the period9904€133k€-399k▼
Profit (loss) for the period to be appropriated9905€133k€-399k▼
Appropriation of the result
Profit (loss) to be appropriated9906€852k€453k▼
Profit (loss) brought forward from the previous period14P€719k€852k▲
Social balance
Average headcount (FTE)90873.54.5▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
30-06
Financial
Weakest financial yearnet €-399k ▼401%
Net result drops to €-399k, the lowest in the series.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 3 days late
2024
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €344k ▲201%
Operating result €475k, net result €344k, both a record.
30-06
Financial
Equity above €500kEq €505k ▲214%
2 profitable years in a row build equity to €505k.
20-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €115k
Net result €115k after one loss-making year.
30-06
Financial
Liquidity triplescurrent ratio 6.96
Current ratio from 2.49 to 6.96.
30-06
Financial
Equity above €150kEq €161k ▲249%
Equity rises from €46k to €161k.
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
04-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
22-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
11-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
01-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Ath · 1 establishment unit since 2007
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.
Chemin des Deux Villers(VSA) 117812 AthGround area
1,787 m²
Building footprint
242 m²
Parcel 51060A0221/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
BUSINESS-INSIGHT
since 20072.164.402.174
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51060A0221/00L000 | Wallonia | 1,787 m² | 1 · 242 m² | - |
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
F-Technix
BE 0787.960.593
Staden · Eq €418k
Artemes
BE 0829.713.749
Oudergem · Eq €410k
TEMPUS FUGIT CONSOLES
BE 0876.854.462
Dilbeek · Eq €405k
ROBOTICS AND DESIGN
BE 0432.059.576
Puurs-Sint-Amands · Eq €558k
INCRIUS
BE 0418.477.301
Laarne · Eq €371k
Of 147 companies in sector 26200 we hold annual accounts for 85. 57 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-07-2007
Fiscal year end30-06
Activities, NACEBEL
26200Manufacture of computer, electronic and optical products
30020
62010Computer programming, consultancy and related activities
62100Computer programming
46500Wholesale of information and communication equipment
46510Wholesale trade
51840
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:+32 479 992768