Financials
Financial year 2025
TIME from De Haan, company number BE0471405944, closed financial year 2025 with a result of € 24,746 after tax. For that financial year TIME recorded a gross margin of € 57,148 and equity of € 200,345. Compared with financial year 2024, the result moved from € 22,714 to € 24,746. 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 October 29, 2025.
€ 200,345
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,746
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 38,723
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 181,595.
People and assets in 2025
€ 706
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 174,042
▲ 90% vs 2024
€ 31,991 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 4,090
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,294
▲ 103% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 41,271 | € 51,344 | € 51,794 | € 57,148 | ▲ 10% |
| Profit after taxes | € 15,854 | € 22,645 | € 22,714 | € 24,746 | ▲ 9% |
| Equity | € 130,241 | € 152,886 | € 175,600 | € 200,345 | ▲ 14% |
| Total debts | € 139,198 | € 108,351 | € 109,908 | € 196,868 | ▲ 79% |
| Cash | € 39,865 | € 50,076 | € 63,668 | € 38,723 | ▼ 39% |
| Land & buildings | € 219,544 | € 200,937 | € 193,717 | € 330,782 | ▲ 71% |
| Retained profit | € 111,491 | € 134,136 | € 156,850 | € 181,595 | ▲ 16% |
| Bank debt | € 121,696 | € 87,321 | € 91,479 | € 174,042 | ▲ 90% |
| Balance sheet total | € 269,439 | € 261,237 | € 285,508 | € 397,214 | ▲ 39% |
Key figures of TIME, 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 TIME?
What happened at TIME in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 24,746 (▲ 9% vs 2024). Source: NBB ↗
- VEERLE BAECKE became a director. NBB
- New establishment in De Haan. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,854 profit in 2022 to € 24,746 profit in 2025.
Paid € 38,873 in corporate taxes since 2022.
Best year ever: 2025, with € 24,746 profit.
Management
Behind TIME is VEERLE BAECKE. VEERLE BAECKE is also behind HB Pro.
Directors
According to the 2025 annual accounts
since 2012
Establishments
Establishment units
Physical locations of this company
Waterkasteellaan 15
8421 De Haan
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0471.405.944
- VAT number
- BE 0471.405.944
- Registered office
- Waterkasteellaan 15, 8421 De Haan
- Names & denominations
- TIME
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 March 2000
- Peppol
- Active · Active since 30 Apr 2026
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof
Vervaardiging van ander schrijn- en timmerwerk
Vervaardiging van schrijn- en timmerwerk