Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TIM - IMMO from Maldegem, company number BE0479181186, closed financial year 2025 with a result of € -80,160 after tax. For that financial year TIM - IMMO recorded a gross margin of € 91,361 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € -91,747 to € -80,160. 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 June 16, 2026.
€ 2.1 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -80,160
▲ 13 % less loss than in 2024
Profit after tax over the fiscal year.
€ 28,091
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -774,298.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 434
Supplier invoices still open on the last day of the fiscal year.
€ 10,807
▼ 20% 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 | € 78,876 | € 75,557 | € 88,850 | € 91,361 | ▲ 3% |
| Profit after taxes | € -92,160 | € -96,016 | € -91,747 | € -80,160 | ▲ € 11,587 |
| Equity | € 2,368,625 | € 2,272,609 | € 2,180,862 | € 2,100,702 | ▼ 4% |
| Total debts | € 616,206 | € 602,522 | € 562,436 | € 523,730 | ▼ 7% |
| Cash | € 13,569 | € 32,257 | € 23,758 | € 28,091 | ▲ 18% |
| Land & buildings | € 2,970,446 | € 2,842,874 | € 2,719,540 | € 2,596,342 | ▼ 5% |
| Retained profit | € -506,375 | € -602,391 | € -694,138 | € -774,298 | ▼ € 80,160 |
| Bank debt | € 19,946 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,984,831 | € 2,875,131 | € 2,743,298 | € 2,624,432 | ▼ 4% |
Key figures of TIM - IMMO, 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 TIM - IMMO?
What happened at TIM - IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DIRK TIMMERMAN stepped down as director. NBB
- BRECHT TIMMERMAN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 80,160. Source: NBB ↗
- DIRK TIMMERMAN became a director. NBB
- BRECHT TIMMERMAN became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Maldegem. KBO
In short
From € 92,160 loss in 2022 to € 80,160 loss in 2025.
Paid € 151 in corporate taxes since 2022.
Management
Directors
According to the 2025 annual accounts
DIRK TIMMERMAN
Director
Also active at: TIMMERMAN PRODUCTIE, TIMMERMAN VERKOOP, Timmerman Invest, TIMMERMAN TIMBRE
since 2020 · until 2026
BRECHT TIMMERMAN
Director
Also active at: TIMMERMAN PRODUCTIE, TIMMERMAN VERKOOP, Timmerman Invest, TIMMERMAN TIMBRE
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Kleitkalseide 40
9990 Maldegem
Kleitkalseide 36
9990 Maldegem
Active since 26 December 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0479.181.186
- VAT number
- BE 0479.181.186
- Registered office
- Kleitkalseide 40, 9990 Maldegem
- Names & denominations
- TIM - IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 2002
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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