Financials
Financial year 2025
TIM VAN LAERE GALLERY from Antwerpen, company number BE0439056048, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year TIM VAN LAERE GALLERY recorded revenue of € 6.8 million and equity of € 15.3 million. Compared with financial year 2024, the result moved from € 3.4 million to € 1.4 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 15.3 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▼ 60% vs 2024
Profit after tax over the fiscal year.
€ 2.8 million
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
72 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4.8
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 441,097
€ 91,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 20,407
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 337,901
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 28 days on average.
€ 150,994
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,009,656 | € 8,874,498 | € 12,663,593 | € 6,845,620 | ▼ 46% |
| Profit after taxes | € 2,232,362 | € 2,238,445 | € 3,448,148 | € 1,396,073 | ▼ 60% |
| Equity | € 9,849,738 | € 12,034,383 | € 14,932,531 | € 15,279,295 | ▲ 2% |
| Total debts | € 586,715 | € 2,396,854 | € 657,425 | € 489,681 | ▼ 26% |
| Cash | € 2,414,647 | € 1,299,061 | € 3,429,654 | € 2,819,793 | ▼ 18% |
| Land & buildings | € 2,104,472 | € 1,980,606 | € 1,874,927 | € 1,820,027 | ▼ 3% |
| Retained profit | € 9,782,856 | € 11,967,501 | € 14,865,649 | € 15,212,412 | ▲ 2% |
| Dividend | € 200,000 | € 0 | € 500,000 | € 1,000,000 | ▲ 100% |
| Balance sheet total | € 10,557,531 | € 14,543,999 | € 15,694,402 | € 15,865,106 | ▲ 1% |
| Employees (FTE) | 4.7 | 5.3 | 4.7 | 4.8 | ▲ 0.1 |
Key figures of TIM VAN LAERE GALLERY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TIM VAN LAERE GALLERY?
What happened at TIM VAN LAERE GALLERY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.4 million (▼ 60% vs 2024). filed late Source: NBB ↗
- Elke Segers became a director. NBB
- Tim Van Laere became a director. NBB
- New establishment in Antwerpen. KBO
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.2 million profit in 2022 to € 1.4 million profit in 2025.
Paid € 4 million in corporate taxes since 2022.
Best year ever: 2024, with € 3.4 million profit.
Paid out € 1.7 million in dividends to the owners in total.
Management
Behind TIM VAN LAERE GALLERY are Elke Segers and Tim Van Laere.
Directors
According to the 2025 annual accounts
Elke Segers
Director
since 2023
Tim Van Laere
Managing director
since 2023
Establishments
Establishment units
Physical locations of this company
Kloosterstraat 164
2000 Antwerpen
Jos Smolderenstraat 50
2000 Antwerpen
Active since 28 February 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.056.048
- VAT number
- BE 0439.056.048
- Registered office
- Kloosterstraat 164, 2000 Antwerpen
- Names & denominations
- TIM VAN LAERE GALLERY · TVLG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 1989
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
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