Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Tim Express from Zedelgem, company number BE0461666154, closed financial year 2025 with a result of € -20,843 after tax. For that financial year Tim Express recorded a gross margin of € 186,071 and equity of € 181,023. Compared with financial year 2024, the result moved from € -6,435 to € -20,843. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ 181,023
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,843
▼ 224 % more loss than in 2024
Profit after tax over the fiscal year.
€ 68,552
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 169,826.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 168,019
▼ 24% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 52,361
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 63,498
▼ 36% vs 2024
€ 19,498 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 10,562
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,275
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 205,249 | € 241,516 | € 275,848 | € 186,071 | ▼ 33% |
| Profit after taxes | € 14,458 | € 29,808 | € -6,435 | € -20,843 | ▼ € 14,409 |
| Equity | € 178,493 | € 208,301 | € 201,866 | € 181,023 | ▼ 10% |
| Total debts | € 195,062 | € 158,460 | € 153,628 | € 119,335 | ▼ 22% |
| Cash | € 96,548 | € 51,075 | € 88,193 | € 68,552 | ▼ 22% |
| Land & buildings | € 52,357 | € 43,191 | € 34,026 | - | |
| Retained profit | € 167,295 | € 197,104 | € 190,669 | € 169,826 | ▼ 11% |
| Dividend | € 27,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 132,904 | € 105,120 | € 99,453 | € 63,498 | ▼ 36% |
| Balance sheet total | € 373,554 | € 374,977 | € 361,491 | € 300,358 | ▼ 17% |
Key figures of Tim Express, 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 October 2026.
What happened to Tim Express?
What happened at Tim Express in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 20,843. Source: NBB ↗
- New establishment in Zedelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,458 profit in 2022 to € 20,843 loss in 2025.
Paid € 8,720 in corporate taxes since 2022.
Best year ever: 2023, with € 29,808 profit.
Paid out € 27,000 in dividends to the owners in total.
Management
Behind Tim Express is TIM VANROOSE.
Directors
According to the 2025 annual accounts
TIM VANROOSE
Director
Establishments
Establishment units
Physical locations of this company
Collevijnstraat 9
8210 Zedelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.666.154
- VAT number
- BE 0461.666.154
- Registered office
- Collevijnstraat 9, 8210 Zedelgem
- Names & denominations
- Tim Express
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 1997
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
Overige posterijen en koeriers
Koeriers, exclusief de nationale posterijen
Goederenvervoer over de weg
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Verhuisactiviteiten
Verhuur van auto's
Verhuisdiensten