TIMMARK
ActiveTIMMARK has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44k and a net result of €10k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 43% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-10
Solvency66▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.24 in 2024; short-term debt: 59.4% and cash: 15.7% of total assets), and 59.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
40.6%
Return on assets
9.7%
Age of the figures
10 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €44k
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 01-06-2026, 29 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
29 d early
2024
30 d late
2023
12 d early
2022
17 d early
2021
20 d early
2020
16 d early
2019
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-11-2026 close30-06-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€44k▲ 31.2%
2024 · €33k
2018: €22k
2019: €22k
2020: €15k
2021: €14k
2022: €10k
2023: €9k
2024: €33k
2018 → 2025
Total assets
€107k▼ 20.5%
2024 · €135k
2018: €56k
2019: €53k
2020: €57k
2021: €56k
2022: €83k
2023: €102k
2024: €135k
2018 → 2025
Net result
€10k▼ 56.3%
2024 · €24k
2018: €2k
2019: €275
2020: €-7k
2021: €-259
2022: €-4k
2023: €-843
2024: €24k
2018 → 2025
Working capital
€20k▼ 20.0%
2024 · €25k
2018: €10k
2019: €15k
2020: €8k
2021: €11k
2022: €4k
2023: €-3k
2024: €25k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14k-€10k▼ 28.9%€9k▼ 8.2%€33k▲ 252%€44k▲ 31.2%
Operating result€3k-€-4k€3k€33k▲ 874%€14k▼ 58.3%
Net result€-259-€-4k▼ 1,514%€-843▲ 79.8%€24k€10k▼ 56.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107k
Fixed assets
€24k▲ 186%
Current assets
€84k▼ 34.0%
Equity and liabilities €107k
Equity
€44k▲ 31.2%
Debt
€64k▼ 37.4%
The debt ratio falls from 75.4% to 59.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29k▼
2024 · €38k
Cash flow
€26k▼
2024 · €29k
Solvency
40.6%▲
2024 · 24.6%
Current ratio
1.31▲
2024 · 1.24
Quick ratio
1.31▲
2024 · 1.24
Debt / equity
1.46▼
2024 · 3.07
ROE
23.8%▼
2024 · 71.6%
ROA
9.7%▼
2024 · 17.6%
Interest coverage
63.71▼
2024 · 65.11
Debt
€64k▼
2024 · €102k
Debt ≤ 1 year
€64k▼
2024 · €102k
Income taxes
€4k▼
2024 · €10k
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€135k€107k▼
Fixed assets21/28€8k€24k▲
Tangible fixed assets22/27€8k€24k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€7k€22k▲
Current assets29/58€127k€84k▼
Amounts receivable within one year40/41€74k€67k▼
Trade receivables40€64k€52k▼
Other amounts receivable41€11k€15k▲
Cash at bank and in hand54/58€52k€17k▼
Equity and liabilities
Total equity and liabilities10/49€135k€107k▼
Equity10/15€33k€44k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€25k€35k▲
Amounts payable17/49€102k€64k▼
Amounts payable within one year42/48€102k€64k▼
Trade debts44€67k€39k▼
Suppliers440/4€67k€39k▼
Taxes, remuneration and social security45€13k€16k▲
Taxes450/3€13k€16k▲
Other amounts payable47/48€22k€8k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€15k▲
Other operating charges640/8€6k€2k▼
Non-recurring operating charges66A€4k-
Gross operating margin9900€48k€31k▼
Operating profit (loss)9901€33k€14k▼
Financial income75/76B€567€638▲
Recurring financial income75€567€638▲
Financial charges65/66B€589€457▼
Recurring financial charges65€589€457▼
Profit (loss) for the period before taxes9903€33k€14k▼
Income taxes67/77€10k€4k▼
Profit (loss) for the period9904€24k€10k▼
Profit (loss) for the period to be appropriated9905€24k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€35k▲
Profit (loss) brought forward from the previous period14P€1k€25k▲
The notes to these accounts (4 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-11
Financial
Back to profitnet €24k
Net result €24k after 4 loss-making years.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-11
Financial
Weakest financial yearnet €-7k ▼2727%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Kampenhout · 1 establishment unit since 2016
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.
Rozenlaan 61910 KampenhoutGround area
1,120 m²
Building footprint
258 m²
Volume, LiDAR
1,883 m³
2 parcels, Flanders · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TIMMARK
since 20162.254.964.245
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23008D0680/00D020 | Flanders | 858 m² | 1 · 143 m² | 5.4 m · 1 fl. |
| 23643G0485/00C002 | Flanders | 262 m² | 1 · 115 m² | 14.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Alexandre Construction
BE 0849.744.348
Ganshoren · Eq €44k
PETAR G. PENCHEV
BE 0746.941.867
Anderlecht · Eq €44k
DINA CONSTRUCT
BE 0682.814.672
Grez-Doiceau · Eq €44k
ALTTECH POWER SOLUTIONS
BE 0822.925.135
Sint-Niklaas · Eq €43k
CV-NUYTS
BE 0794.923.116
Hasselt · Eq €43k
Of 4,096 companies in sector 43240 we hold annual accounts for 1,631. 1,311 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-07-2016
Fiscal year end30-11
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
43310Plastering work
43350Other building finishing work
43910Bricklaying and masonry work
43992Specialised construction activities
43994Specialised construction activities
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
71112Activities of interior architects
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.