What does TIMFROST do?

TIMFROST is a warehousing company in Oostkamp. Public Limited, started on 10 January 1997, 1 establishment.

What is the address of TIMFROST?

The registered office of TIMFROST is located at Vliegweg 20, 8020 Oostkamp.

Is TIMFROST still active?

Yes. According to the CBE (29 October 2026) TIMFROST is active, legal situation “Normale toestand”, started on 10 January 1997.

Is TIMFROST registered on Peppol?

Yes, TIMFROST is registered on the Peppol network with ID 0208:0459649049.

What is the enterprise number of TIMFROST?

The enterprise number of TIMFROST is BE0459649049.

When was TIMFROST founded?

TIMFROST was founded on 10 January 1997.

Who are the directors of TIMFROST?

According to the 2025 annual accounts, the directors of TIMFROST are: Gerard Timmerman, Timmerman Invest NV, Rita Devoogt.

Is TIMFROST a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 January 1997; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did TIMFROST make in 2025?

TIMFROST posted a profit after taxes of € 93,938 in financial year 2025.

What is the revenue of TIMFROST?

As a small company, TIMFROST is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 435,348.

How much does an employee at TIMFROST earn?

The average wage cost per full-time employee at TIMFROST was € 62,200 in 2024: staff costs of € 385,569 for 6.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TIMFROST have?

According to the 2025 annual accounts, TIMFROST has 0 full-time equivalents (FTE).

TIMFROST (Public Limited) - Oostkamp - BE0459649049

Dossier TIMFROST, printed on 29 October 2026 from databakkes.be/en/0459649049/timfrost. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 8.6 to 0.

Financials

Financial year 2025

TIMFROST from Oostkamp, company number BE0459649049, closed financial year 2025 with a result of € 93,938 after tax. For that financial year TIMFROST recorded a gross margin of € 435,348 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 27,546 to € 93,938. 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 January 30, 2026.

What it is worth Growing

€ 2.4 million

▲ 4% vs 2024

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

Profit Growing

€ 93,938

▲ 241% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 263,675

▼ 72% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.3 million.

People and assets in 2025

Full-time equivalents

▼ 6.2 vs 2024

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

Vehicles and equipment

€ 15,482

▲ 47% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 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.

€ 657,060

▼ 12% vs 2024

€ 82,673 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 43,100

▼ 63% vs 2024

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

Taxes

€ 47,192

▲ 93% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 963,664 Gross margin 2022: € 963,664 First fiscal year in the series	€ 1,023,804 Gross margin 2023: € 1,023,804 ▲ 6% vs 2022 (€ 963,664) Favourable step	€ 773,379 Gross margin 2024: € 773,379 ▼ 24% vs 2023 (€ 1,023,804) Unfavourable step	€ 435,348 Gross margin 2025: € 435,348 ▼ 44% vs 2024 (€ 773,379) Unfavourable step	▼ 44%
Profit after taxes	€ 215,704 Profit after taxes 2022: € 215,704 First fiscal year in the series	€ 192,845 Profit after taxes 2023: € 192,845 ▼ 11% vs 2022 (€ 215,704) Unfavourable step	€ 27,546 Profit after taxes 2024: € 27,546 ▼ 86% vs 2023 (€ 192,845) Unfavourable step	€ 93,938 Profit after taxes 2025: € 93,938 ▲ 241% vs 2024 (€ 27,546) Favourable step	▲ 241%
Equity	€ 2,089,934 Equity 2022: € 2,089,934 First fiscal year in the series	€ 2,282,779 Equity 2023: € 2,282,779 ▲ 9% vs 2022 (€ 2,089,934) Favourable step	€ 2,310,325 Equity 2024: € 2,310,325 ▲ 1% vs 2023 (€ 2,282,779) Favourable step	€ 2,404,263 Equity 2025: € 2,404,263 ▲ 4% vs 2024 (€ 2,310,325) Favourable step	▲ 4%
Total debts	€ 1,047,523 Total debts 2022: € 1,047,523 First fiscal year in the series	€ 950,991 Total debts 2023: € 950,991 ▼ 9% vs 2022 (€ 1,047,523) Favourable step	€ 1,320,647 Total debts 2024: € 1,320,647 ▲ 39% vs 2023 (€ 950,991) Unfavourable step	€ 1,225,154 Total debts 2025: € 1,225,154 ▼ 7% vs 2024 (€ 1,320,647) Favourable step	▼ 7%
Cash	€ 537,205 Cash 2022: € 537,205 First fiscal year in the series	€ 889,548 Cash 2023: € 889,548 ▲ 66% vs 2022 (€ 537,205) Favourable step	€ 954,640 Cash 2024: € 954,640 ▲ 7% vs 2023 (€ 889,548) Favourable step	€ 263,675 Cash 2025: € 263,675 ▼ 72% vs 2024 (€ 954,640) Unfavourable step	▼ 72%
Land & buildings	€ 2,367,135 Land & buildings 2022: € 2,367,135 First fiscal year in the series	€ 2,215,720 Land & buildings 2023: € 2,215,720 ▼ 6% vs 2022 (€ 2,367,135) Unchanged	€ 2,426,277 Land & buildings 2024: € 2,426,277 ▲ 10% vs 2023 (€ 2,215,720) Unchanged	€ 2,272,123 Land & buildings 2025: € 2,272,123 ▼ 6% vs 2024 (€ 2,426,277) Unchanged	▼ 6%
Retained profit	€ 2,027,934 Retained profit 2022: € 2,027,934 First fiscal year in the series	€ 2,220,779 Retained profit 2023: € 2,220,779 ▲ 10% vs 2022 (€ 2,027,934) Favourable step	€ 2,248,325 Retained profit 2024: € 2,248,325 ▲ 1% vs 2023 (€ 2,220,779) Favourable step	€ 2,342,263 Retained profit 2025: € 2,342,263 ▲ 4% vs 2024 (€ 2,248,325) Favourable step	▲ 4%
Bank debt	€ 933,736 Bank debt 2022: € 933,736 First fiscal year in the series	€ 829,252 Bank debt 2023: € 829,252 ▼ 11% vs 2022 (€ 933,736) Favourable step	€ 743,627 Bank debt 2024: € 743,627 ▼ 10% vs 2023 (€ 829,252) Favourable step	€ 657,060 Bank debt 2025: € 657,060 ▼ 12% vs 2024 (€ 743,627) Favourable step	▼ 12%
Balance sheet total	€ 3,778,627 Balance sheet total 2022: € 3,778,627 First fiscal year in the series	€ 3,872,964 Balance sheet total 2023: € 3,872,964 ▲ 2% vs 2022 (€ 3,778,627) Unchanged	€ 4,267,476 Balance sheet total 2024: € 4,267,476 ▲ 10% vs 2023 (€ 3,872,964) Unchanged	€ 4,262,503 Balance sheet total 2025: € 4,262,503 Unchanged (€ 4,267,476) Unchanged
Employees (FTE)	7.1 Employees (FTE) 2022: 7.1 First fiscal year in the series	8.6 Employees (FTE) 2023: 8.6 ▲ 1.5 vs 2022 (7.1) Unchanged	6.2 Employees (FTE) 2024: 6.2 ▼ 2.4 vs 2023 (8.6) Unchanged	0 Employees (FTE) 2025: 0 ▼ 6.2 vs 2024 (6.2) Unchanged	▼ 6.2

Key figures of TIMFROST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to TIMFROST?

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

Jan 30, 2026 New annual accounts for financial year 2025: profit of € 93,938 (▲ 241% vs 2024). Source: NBB ↗
2002 Timmerman Invest NV became a director. NBB
Jan 20, 1997 New establishment in Oostkamp. KBO
1997 Gerard Timmerman became a director. NBB
1997 Rita Devoogt became a director. NBB
Jan 10, 1997 Start of the company according to the CBE. KBO

In short

From € 215,704 profit in 2022 to € 93,938 profit in 2025.

Paid € 167,675 in corporate taxes since 2022.

Best year ever: 2022, with € 215,704 profit.

On average € 124,700 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Gerard Timmerman Timmerman Invest NV Rita Devoogt

TIMMERMAN INVEST

TIMFROST

Timfrost Cold Storage

Behind TIMFROST are Gerard Timmerman, Timmerman Invest NV and Rita Devoogt. Gerard Timmerman is also behind TIMMERMAN INVEST. Timmerman Invest NV is also behind Timfrost Cold Storage.

Directors

According to the 2025 annual accounts

Gerard Timmerman

Director

Also active at: TIMMERMAN INVEST

since 1997

Timmerman Invest NV

Director · represented by Timmerman GEERT

Also active at: Timfrost Cold Storage

since 2002

Rita Devoogt

Director

since 1997

Establishments

Establishment units

Physical locations of this company

Registered office

Vliegweg 20

8020 Oostkamp

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 →

TIMMERMAN INVEST same network

€ 59,304 gross margin · 2025

Timfrost Cold Storage same network

€ 1.1 million 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

0459.649.049

VAT number

BE 0459.649.049

Registered office

Vliegweg 20, 8020 Oostkamp

Names & denominations

TIMFROST

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 January 1997

Peppol

Active · Active since 24 Nov 2025

Activities · NACE

Opslag

Opslag in koelpakhuizen

Gemengd landbouwbedrijf

Gemengd bedrijf

View on CBE Public ↗ Annual accounts (NBB) ↗

TIMFROST

Warning lights

Financials

What happened to TIMFROST?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions