Financials
Financial year 2025
Timotheus from Schoten, company number BE0439296568, closed financial year 2025 with a result of € 50,891 after tax. For that financial year Timotheus recorded a gross margin of € 133,641 and equity of € 564,166. Compared with financial year 2024, the result moved from € 1,047 to € 50,891. Profitable, and profit is growing. 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 July 23, 2026.
€ 564,166
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,891
▲ € 49,843 vs 2024
Profit after tax over the fiscal year.
€ 456,844
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
1.2
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 72,258
▲ 1% vs 2024
€ 60,200 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 62,950
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,433
▲ 75% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 162,637 | € 180,568 | € 86,755 | € 133,641 | ▲ 54% |
| Profit after taxes | € -17,299 | € 193,330 | € 1,047 | € 50,891 | ▲ € 49,843 |
| Equity | € 318,898 | € 512,228 | € 513,275 | € 564,166 | ▲ 10% |
| Total debts | € 194,391 | € 163,832 | € 123,410 | € 110,892 | ▼ 10% |
| Cash | € 386,418 | € 406,411 | € 425,681 | € 456,844 | ▲ 7% |
| Retained profit | € 318,898 | € 512,228 | € 513,275 | € 564,166 | ▲ 10% |
| Balance sheet total | € 630,481 | € 676,060 | € 636,685 | € 675,058 | ▲ 6% |
| Employees (FTE) | 1.9 | 1.9 | 1.1 | 1.2 | ▲ 0.1 |
Key figures of Timotheus, 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 Timotheus?
What happened at Timotheus in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 50,891 (▲ € 49,843 vs 2024). Source: NBB ↗
- New establishment in Schoten. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,299 loss in 2022 to € 50,891 profit in 2025.
Best year ever: 2023, with € 193,330 profit.
On average € 111,400 of value added per employee in 2025.
Management
Behind Timotheus is Philippe Vandevorst.
Directors
According to the 2025 annual accounts
Philippe Vandevorst
Persoon belast met dagelijks bestuur
Establishments
Establishment units
Physical locations of this company
Plantijnlei 16
2900 Schoten
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
OVH, FR
Domain
Domain
timotheus.org
Registered
1999-03-23
Registrar
eNom, LLC
Expires
2027-03-23
Website info
Features
Security
Details
- Company number
- 0439.296.568
- VAT number
- BE 0439.296.568
- Registered office
- Plantijnlei 16, 2900 Schoten
- Names & denominations
- Timotheus
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 1 December 1988
- Peppol
- Active · Active since 23 Oct 2025
- Contact
- timotheus.org
- Activities · NACE
Overige verenigingen, neg