Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for TIMO SERVICES according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-36k) and a net result of €-42k.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 eventsSignals
1 signal · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsAdministrative Flags
Financials
Annual accounts & ratios
Source: NBB · 2023| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -250.6% | 58.6% | |
| Net result | €-42k | €28k | |
| Equity | €-36k | €52k | |
| Gross operating margin | €32k | €46k | |
| Staff costs | €74k | €8k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-42k |
| Cash flow | - |
| Staff costs | €74k |
| Income taxes | - |
| Dividends | - |
| Total assets | €15k |
| Equity | €-36k |
| Debt | €51k |
| of which ≤ 1y | €51k |
| of which > 1y | - |
| Working capital | €-36k |
| Employees (FTE) | 2.7 |
| 2023 | |
|---|---|
| Current ratio | 0.29 |
| Quick ratio | 0.29 |
| Working capital ratio | -250.6% |
| Solvency | -250.6% |
| Debt / equity | -1.40 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -291.8% |
| ROE | 116.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €15k |
| Current assets | 29/58 | €15k |
| Amounts receivable within one year | 40/41 | €12k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €15k |
| Equity | 10/15 | €-36k |
| Contributions / capital | 10/11 | €6k |
| Accumulated profits (losses) | 14 | €-42k |
| Amounts payable | 17/49 | €51k |
| Amounts payable within one year | 42/48 | €51k |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €32k |
| Operating result | 9901 | €-42k |
| Financial charges | 65 | €47 |
| Result before taxes | 9903 | €-42k |
| Net result for the period | 9904 | €-42k |
| Result to be appropriated | 9905 | €-42k |
Health barometer
FY 2023 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Directors
Directors & mandates
No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | SOPHIE HUART CHAUSSEE DE WATERLOO 880,
1000 BRUXELLES |
01-12-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Activiteiten van hoofdkantoren(70100) |
| Legal form | Private limited company(610) |
| Incorporation | 31-10-2022 |
| Status | Active |
| Postal code | 1600 |
| First BS signal | 09-12-2025 |
| Latest BS signal | 09-12-2025 |
Structure & network
Company structure: linked entities
1 linked entityLocations & real estate
Registered office
on the map · from the address registerEstablishment units
2 locationsReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0390/00T002 | Flanders | 2,865 m² | 1 · 1,680 m² | - |
| 21614E0338/00R000 | Brussels | 95 m² | 1 · 46 m² | 9.1 m · 3 fl. |
Publications
Lifecycle & Insolvency Signals
1 event from the State GazetteTime machine: BS events + macro context
2021-2026Belgisch Staatsblad · acts
1 acts24-01-2023 Transaction in capital or shares
Analysis
Snowflake analysis
financial profile on 5 axesFragile profile, watch health in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
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AI due-diligence brief
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Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
Crossroads Bank| Legal nameNL | TIMO SERVICES |