TIMTECH
ActiveSummary
TIMTECH has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.12M and a net result of €59k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 95% of 7029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 24.98 against 17.92 in 2024; short-term debt: 3.5% and cash: 5.3% of total assets), and 3.7% 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+raises risk○neutral
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
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
96.3%
Return on assets
0.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-04-2026, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
6 d early
2024
27 d early
2023
48 d early
2022
45 d early
2021
37 d early
2020
43 d early
2019
52 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€59k▼ 33.2%
2024 · €88k
2018: €692k
2019: €-11k
2020: €-107k
2021: €-53k
2022: €7k
2023: €151k
2024: €88k
2018 → 2025
Working capital
€6.99M▼ 0.9%
2024 · €7.06M
2018: €7.56M
2019: €7.76M
2020: €7.69M
2021: €7.32M
2022: €7.37M
2023: €7.49M
2024: €7.06M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8.47M-€8.47M▲ 0.1%€8.62M▲ 1.8%€8.15M▼ 5.5%€8.12M▼ 0.4%
Operating result€-78k-€-87k▼ 10.6%€-63k▲ 27.8%€-69k▼ 10.6%€-91k▼ 31.1%
Net result€-53k-€7k€151k▲ 2,154%€88k▼ 41.3%€59k▼ 33.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €91k in 2025 against €69k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.43M
Fixed assets
€1.15M ▲ 2.4%
Current assets
€7.28M ▼ 2.6%
Equity and liabilities €8.43M
Equity
€8.12M ▼ 0.4%
Debt
€315k ▼ 29.0%
Debt's share of the balance-sheet total falls from 5.2% to 3.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-31k▼
2024 · €-23k
Cash flow
€119k▼
2024 · €134k
Current ratio
24.98▲
2024 · 17.92
Debt to equity
0.04▼
2024 · 0.05
ROE
0.7%▼
2024 · 1.1%
ROA
0.7%▼
2024 · 1.0%
Interest coverage
-1.39▼
2024 · -1.02
Debt ≤ 1 year
€291k▼
2024 · €417k
Income taxes
€7k▼
2024 · €10k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€8.60M€8.43M▼
Fixed assets21/28€1.12M€1.15M▲
Tangible fixed assets22/27€789k€815k▲
Land and buildings22€786k€794k▲
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€235€18k▲
Financial fixed assets28€335k€337k▲
Current assets29/58€7.47M€7.28M▼
Amounts receivable within one year40/41€22k€45k▲
Trade receivables40-€714
Other amounts receivable41€22k€44k▲
Current investments50/53€6.91M€6.79M▼
Cash at bank and in hand54/58€536k€447k▼
Deferred charges and accrued income490/1-€714
Equity and liabilities
Total equity and liabilities10/49€8.60M€8.43M▼
Equity10/15€8.15M€8.12M▼
Contributions10/11€1.10M€1.10M=
Reserves13€6.74M€6.71M▼
Distributable reserves133€6.74M€6.71M▼
Profit (loss) carried forward14€311k€312k▲
Amounts payable17/49€444k€315k▼
Amounts payable within one year42/48€417k€291k▼
Trade debts44€517€1k▲
Suppliers440/4€517€1k▲
Taxes, remuneration and social security45€9k€2k▼
Taxes450/3€9k€2k▼
Other amounts payable47/48€408k€288k▼
Accrued charges and deferred income492/3€27k€24k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€60k▲
Other operating charges640/8€17k€15k▼
Gross operating margin9900€-6k€-16k▼
Operating profit (loss)9901€-69k€-91k▼
Financial income75/76B€209k€179k▼
Recurring financial income75€190k€177k▼
Non-recurring financial income76B€19k€2k▼
Financial charges65/66B€41k€22k▼
Recurring financial charges65€23k€22k▼
Non-recurring financial charges66B€19k-
Profit (loss) for the period before taxes9903€98k€66k▼
Income taxes67/77€10k€7k▼
Profit (loss) for the period9904€88k€59k▼
Profit (loss) for the period to be appropriated9905€88k€59k▼
Appropriation of the result
Profit (loss) to be appropriated9906€399k€370k▼
Profit (loss) brought forward from the previous period14P€311k€311k▲
Transfer from equity791/2€559k€95k▼
Transfer to equity691/2€88k€59k▼
To other reserves6921€88k€59k▼
Profit to be distributed694/7€559k€95k▼
Return on contributions (dividend)694€559k€95k▼
The notes to these accounts (10 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
24-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €7k
Net result €7k after 3 loss-making years.
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
18-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Weakest financial yearnet €-107k
Net result drops to €-107k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity doublescurrent ratio 27.36
Current ratio from 11.07 to 27.36; short-term debt falls from €770k to €292k.
09-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-01
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
6 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, Ukkel · 1 establishment unit since 1989
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.
de Perckestraat 1211180 UkkelGround area
1,285 m²
Building footprint
140 m²
Volume, LiDAR
959 m³
Parcel 21614H0055/00C066, Brussels · tallest building 12.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
de Perckestraat 121, 1180 Ukkel
since 19892.044.161.964
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0055/00C066 | Brussels | 1,285 m² | 1 · 140 m² | 12.6 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
967600OW7Q3WAGBVHE52
Similar companies · same sector, comparable size
CluePoints
BE 0849.892.422
Ottignies-Louvain-la-Neuve · Eq €8,126,190
The Boston Consulting Group
BE 0449.557.287
Brussel · Eq €8,134,185
Federatie van de Belgische Autobus en autocarondernemers
BE 0406.487.804
Brussel · Eq €7,971,621
JAN PEETERS
BE 0466.501.407
Brasschaat · Eq €8,277,572
EASY-SERVICES
BE 0432.864.775
Tielt · Eq €7,849,812
Of 2,713 companies in sector 73200 we hold annual accounts for 1,783. 386 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 formPrivate limited company
Founded04-07-1989
Fiscal year end30-09
Activities, NACEBEL 2025
73200Market research and public opinion polling
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.