Timut
ActiveSummary
Timut has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €253k and a net result of €1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 81% of 11322 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
Profitability36▼-38
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.41 in 2024; short-term debt: 20.3% and cash: 0.8% of total assets), and 20.3% 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
79.7%
Return on assets
0.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
1 d early
2023
on the day
2022
31 d late
2021
61 d late
2019
122 d late
2018
71 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€253k▲ 0.6%
2024 · €252k
2018: €28k
2019: €17k
2021: €-8k
2022: €-1k
2023: €239k
2024: €252k
2018 → 2025
Total assets
€318k▼ 2.5%
2024 · €326k
2018: €57k
2019: €48k
2021: €11k
2022: €16k
2023: €329k
2024: €326k
2018 → 2025
Net result
€1k▼ 88.0%
2024 · €12k
2018: €-7k
2019: €-11k
2021: €-18k
2022: €6k
2023: €16k
2024: €12k
2018 → 2025
Working capital
€-51k▼ 78.9%
2024 · €-28k
2018: €3k
2019: €-6k
2021: €-8k
2022: €-11k
2023: €-18k
2024: €-28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-8k-€-1k▲ 82.5%€239k€252k▲ 5.2%€253k▲ 0.6%
Operating result€-18k-€7k€17k▲ 147%€29k▲ 73.2%€11k▼ 62.9%
Net result€-18k-€6k€16k▲ 143%€12k▼ 20.6%€1k▼ 88.0%
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 63% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €318k
Fixed assets
€304k ▼ 0.9%
Current assets
€14k ▼ 28.2%
Equity and liabilities €318k
Equity
€253k ▲ 0.6%
Debt
€64k ▼ 13.0%
Debt's share of the balance-sheet total falls from 22.7% to 20.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▼
2024 · €31k
Cash flow
€4k▼
2024 · €15k
Current ratio
0.22▼
2024 · 0.41
Debt to equity
0.25▼
2024 · 0.29
ROE
0.6%▼
2024 · 4.9%
ROA
0.5%▼
2024 · 3.8%
Interest coverage
1.95▼
2024 · 7.17
Debt ≤ 1 year
€64k▲
2024 · €48k
Income taxes
€2k▼
2024 · €4k
Staff costs
€800
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€326k€318k▼
Fixed assets21/28€306k€304k▼
Tangible fixed assets22/27€6k€4k▼
Plant, machinery and equipment23€6k€4k▼
Financial fixed assets28€300k€300k=
Current assets29/58€19k€14k▼
Amounts receivable within one year40/41€16k€11k▼
Trade receivables40€4k-
Other amounts receivable41€12k€11k▼
Cash at bank and in hand54/58€3k€3k▼
Deferred charges and accrued income490/1€532€43▼
Equity and liabilities
Total equity and liabilities10/49€326k€318k▼
Equity10/15€252k€253k▲
Contributions10/11€344k€344k=
Profit (loss) carried forward14€-92k€-91k▲
Amounts payable17/49€74k€64k▼
Amounts payable after more than one year17€26k-
Financial debts170/4€26k-
Amounts payable within one year42/48€48k€64k▲
Current portion of amounts payable after more than one year42€30k€26k▼
Trade debts44€6k€6k▲
Suppliers440/4€6k€6k▲
Advances received on contracts in progress46-€20k
Taxes, remuneration and social security45€11k€10k▼
Taxes450/3€11k€10k▼
Other amounts payable47/48-€1k
Income statement
Code20242025
Remuneration, social security and pensions62-€800
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€812€4k▲
Gross operating margin9900€32k€18k▼
Operating profit (loss)9901€29k€11k▼
Financial income75/76B€23-
Recurring financial income75€23-
Financial charges65/66B€12k€7k▼
Recurring financial charges65€4k€7k▲
Non-recurring financial charges66B€8k-
Profit (loss) for the period before taxes9903€17k€4k▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€12k€1k▼
Profit (loss) for the period to be appropriated9905€12k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-92k€-91k▲
Profit (loss) brought forward from the previous period14P€-105k€-92k▲
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €16k ▲143%
Net result €16k, the highest in the series.
31-12
Financial
Equity above €200kEq €239k
2 profitable years in a row build equity to €239k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after 3 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
21-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 82 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Antwerpen · 1 establishment unit since 1992
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.
Van Geertstraat 272140 AntwerpenGround area
2,724 m²
Building footprint
547 m²
Volume, LiDAR
5,489 m³
2 parcels, Flanders · tallest building 28.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Timut
since 19922.057.966.153
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11006A0634/00A000 | Flanders | 1,879 m² | 1 · 326 m² | 9.3 m · 2 fl. |
| 11806F1347/00B030 | Flanders | 845 m² | 1 · 221 m² | 28.5 m · 6 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
IMPORT GARDEN
BE 0417.735.250
Mons · Eq €256,274
LECHLER
BE 0401.862.090
Wavre · Eq €249,405
MONDIALE
BE 0884.706.910
Zele · Eq €248,279
HABRAKEN BELGIUM
BE 0408.211.236
Grimbergen · Eq €247,924
VALK WELDING
BE 0402.917.511
Sint-Niklaas · Eq €247,493
Of 828 companies in sector 46620 we hold annual accounts for 642. 497 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
Founded29-01-1992
Fiscal year end31-12
Activities, NACEBEL 2025
46620Wholesale of machine tools
70200Business and other management consultancy
46496Wholesale trade
46900Non-specialised wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
47640Retail sale of games and toys
47761Retail sale of flowers, plants, seeds and fertilisers
63920Other information service activities
73300Public relations and communication consultancy
82100Office administrative and support services
85699Other educational support services
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.