What does TIMSTOR do?

TIMSTOR is a wholesaler in Arendonk. Public Limited, started on 7 December 1990, 2 establishments.

What is the address of TIMSTOR?

The registered office of TIMSTOR is located at Hoge Mauw 1040, 2370 Arendonk.

Is TIMSTOR still active?

Yes. According to the CBE (29 October 2026) TIMSTOR is active, legal situation “Normale toestand”, started on 7 December 1990.

Is TIMSTOR registered on Peppol?

Yes, TIMSTOR is registered on the Peppol network with ID 0208:0442044737.

What is the enterprise number of TIMSTOR?

The enterprise number of TIMSTOR is BE0442044737.

When was TIMSTOR founded?

TIMSTOR was founded on 7 December 1990.

Who are the directors of TIMSTOR?

According to the 2025 annual accounts, the directors of TIMSTOR are: Herman Hermans, Sesa BV.

Is TIMSTOR a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 December 1990; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did TIMSTOR make in 2025?

TIMSTOR posted a profit after taxes of € 705,523 in financial year 2025.

What is the revenue of TIMSTOR?

As a small company, TIMSTOR is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,088,424.

How much does an employee at TIMSTOR earn?

The average wage cost per full-time employee at TIMSTOR was € 79,900 in 2025: staff costs of € 623,211 for 7.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TIMSTOR have?

According to the 2025 annual accounts, TIMSTOR has 7.8 full-time equivalents (FTE).

TIMSTOR (Public Limited) - Arendonk - BE0442044737

Dossier TIMSTOR, printed on 29 October 2026 from databakkes.be/en/0442044737/timstor. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

TIMSTOR from Arendonk, company number BE0442044737, closed financial year 2025 with a result of € 705,523 after tax. For that financial year TIMSTOR recorded a gross margin of € 1.1 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € -92,728 to € 705,523. 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 August 13, 2026.

What it is worth Growing

€ 2.6 million

▲ 31% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 705,523

▲ still € 92,728 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 11,490

▼ 92% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 100,000 paid out

14 % of the profit went to the shareholders, mostly to SESA (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

7.8

▲ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 623,211

▲ 12% vs 2024

€ 79,900 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.

Vehicles and equipment

€ 324,684

▲ 68% vs 2024

Of which on lease € 311,680.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.2 million

▲ 126% vs 2024

€ 351,748 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 202,490

▲ € 172,222 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 60,277

▲ 7% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 821,900 Gross margin 2022: € 821,900 First fiscal year in the series	€ 1,361,944 Gross margin 2023: € 1,361,944 ▲ 66% vs 2022 (€ 821,900) Favourable step	€ 1,158,016 Gross margin 2024: € 1,158,016 ▼ 15% vs 2023 (€ 1,361,944) Unfavourable step	€ 1,088,424 Gross margin 2025: € 1,088,424 ▼ 6% vs 2024 (€ 1,158,016) Unfavourable step	▼ 6%
Profit after taxes	€ 444,567 Profit after taxes 2022: € 444,567 First fiscal year in the series	€ 309,645 Profit after taxes 2023: € 309,645 ▼ 30% vs 2022 (€ 444,567) Unfavourable step	€ -92,728 Profit after taxes 2024: € -92,728 ▼ € 402,373 vs 2023 (€ 309,645) Unfavourable step	€ 705,523 Profit after taxes 2025: € 705,523 ▲ € 798,251 vs 2024 (€ -92,728) Favourable step	▲ € 798,251
Equity	€ 1,747,541 Equity 2022: € 1,747,541 First fiscal year in the series	€ 2,057,187 Equity 2023: € 2,057,187 ▲ 18% vs 2022 (€ 1,747,541) Favourable step	€ 1,964,459 Equity 2024: € 1,964,459 ▼ 5% vs 2023 (€ 2,057,187) Unfavourable step	€ 2,569,982 Equity 2025: € 2,569,982 ▲ 31% vs 2024 (€ 1,964,459) Favourable step	▲ 31%
Total debts	€ 3,204,724 Total debts 2022: € 3,204,724 First fiscal year in the series	€ 3,048,393 Total debts 2023: € 3,048,393 ▼ 5% vs 2022 (€ 3,204,724) Favourable step	€ 2,014,200 Total debts 2024: € 2,014,200 ▼ 34% vs 2023 (€ 3,048,393) Favourable step	€ 3,575,426 Total debts 2025: € 3,575,426 ▲ 78% vs 2024 (€ 2,014,200) Unfavourable step	▲ 78%
Cash	€ 153,184 Cash 2022: € 153,184 First fiscal year in the series	€ 35,904 Cash 2023: € 35,904 ▼ 77% vs 2022 (€ 153,184) Unfavourable step	€ 141,824 Cash 2024: € 141,824 ▲ 295% vs 2023 (€ 35,904) Favourable step	€ 11,490 Cash 2025: € 11,490 ▼ 92% vs 2024 (€ 141,824) Unfavourable step	▼ 92%
Land & buildings	€ 1,554,082 Land & buildings 2022: € 1,554,082 First fiscal year in the series	€ 1,441,967 Land & buildings 2023: € 1,441,967 ▼ 7% vs 2022 (€ 1,554,082) Unchanged	€ 1,352,159 Land & buildings 2024: € 1,352,159 ▼ 6% vs 2023 (€ 1,441,967) Unchanged	€ 1,263,455 Land & buildings 2025: € 1,263,455 ▼ 7% vs 2024 (€ 1,352,159) Unchanged	▼ 7%
Retained profit	€ 1,396,341 Retained profit 2022: € 1,396,341 First fiscal year in the series	€ 1,705,987 Retained profit 2023: € 1,705,987 ▲ 22% vs 2022 (€ 1,396,341) Favourable step	€ 1,613,259 Retained profit 2024: € 1,613,259 ▼ 5% vs 2023 (€ 1,705,987) Unfavourable step	€ 2,218,782 Retained profit 2025: € 2,218,782 ▲ 38% vs 2024 (€ 1,613,259) Favourable step	▲ 38%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 100,000 Dividend 2025: € 100,000 Unchanged (€ 0) Unchanged
Bank debt	€ 2,510,256 Bank debt 2022: € 2,510,256 First fiscal year in the series	€ 2,097,406 Bank debt 2023: € 2,097,406 ▼ 16% vs 2022 (€ 2,510,256) Favourable step	€ 1,435,535 Bank debt 2024: € 1,435,535 ▼ 32% vs 2023 (€ 2,097,406) Favourable step	€ 3,241,940 Bank debt 2025: € 3,241,940 ▲ 126% vs 2024 (€ 1,435,535) Unfavourable step	▲ 126%
Balance sheet total	€ 4,952,266 Balance sheet total 2022: € 4,952,266 First fiscal year in the series	€ 5,105,580 Balance sheet total 2023: € 5,105,580 ▲ 3% vs 2022 (€ 4,952,266) Unchanged	€ 3,978,659 Balance sheet total 2024: € 3,978,659 ▼ 22% vs 2023 (€ 5,105,580) Unchanged	€ 6,145,408 Balance sheet total 2025: € 6,145,408 ▲ 54% vs 2024 (€ 3,978,659) Unchanged	▲ 54%
Employees (FTE)	6.8 Employees (FTE) 2022: 6.8 First fiscal year in the series	7.9 Employees (FTE) 2023: 7.9 ▲ 1.1 vs 2022 (6.8) Unchanged	7.7 Employees (FTE) 2024: 7.7 ▼ 0.2 vs 2023 (7.9) Unchanged	7.8 Employees (FTE) 2025: 7.8 ▲ 0.1 vs 2024 (7.7) Unchanged	▲ 0.1

Key figures of TIMSTOR, 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 TIMSTOR?

What happened at TIMSTOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 13, 2026 New annual accounts for financial year 2025: profit of € 705,523. filed late Source: NBB ↗
Apr 1, 2020 New establishment in Arendonk. KBO
Dec 20, 1990 New establishment in Arendonk. KBO
Dec 7, 1990 Start of the company according to the CBE. KBO

In short

From € 444,567 profit in 2022 to € 705,523 profit in 2025.

Paid € 47,978 in corporate taxes since 2022.

Best year ever: 2025, with € 705,523 profit.

On average € 139,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

SESA 100%

The stake of SESA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

TIMSTOR

Behind TIMSTOR are Herman Hermans and Sesa BV. The shares are held by SESA (100%).

Directors

According to the 2025 annual accounts

Herman Hermans

Director

Also active at: ARMINIUS

Sesa BV

Managing director · represented by Stijn Hermans

Shareholders

SESA

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Hoge Mauw 1040

2370 Arendonk

2.301.962.824

Hoge Mauw 1121

2370 Arendonk

Active since 1 April 2020

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 →

ARMINIUS same network

€ 96,308 gross margin · 2025

SESA same network

€ 31,152 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0442.044.737

VAT number

BE 0442.044.737

Registered office

Hoge Mauw 1040, 2370 Arendonk

Names & denominations

TIMSTOR

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

7 December 1990

Peppol

Active · Active since 25 Sept 2025

Activities · NACE

Groothandel in andere consumentenartikelen, neg

Overige groothandel in consumentenartikelen, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

TIMSTOR

Financials

What happened to TIMSTOR?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions