Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 1 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Timar Creations from Aalst, company number BE1019523646, closed financial year 2025 with a result of € -15,769 after tax. For that financial year Timar Creations recorded a gross margin of € -13,543 and equity of € -13,269. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ -13,269
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,769
Profit after tax over the fiscal year.
€ 47
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -15,769.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 600
Supplier invoices still open on the last day of the fiscal year.
What happened to Timar Creations?
What happened at Timar Creations in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,769. Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
Management
Behind Timar Creations are Tim De Backer and Martin De Grom. Tim De Backer is also behind TERBEKEN, INVESTMENT AND PORTOFOLIO COMPANY and STABE. Martin De Grom is also behind TECHNOFORM INSULATION SOLUTIONS BELGIUM and MDG NEXTGEN SERVICES.
Directors
According to the 2025 annual accounts
Martin De Grom
Director
Also active at: TECHNOFORM INSULATION SOLUTIONS BELGIUM, MDG NEXTGEN SERVICES
Establishments
Establishment units
Physical locations of this company
Edixvelde 149
9320 Aalst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1019.523.646
- VAT number
- BE 1019.523.646
- Registered office
- Edixvelde 149, 9320 Aalst
- Names & denominations
- Timar Creations
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 February 2025
- Peppol
- Active · Active since 30 Jul 2025
- Activities · NACE
Gespecialiseerde beeld-, verlichtings- en geluidstechnieken
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Creatie van beeldende kunsten
Overige vormen van onderwijs
Uitgeven van tijdschriften
Catering van evenementen