Financials
Financial year 2025
TIMMAX-CONSTRUCT from Wichelen, company number BE0480393587, closed financial year 2025 with a result of € 6,692 after tax. For that financial year TIMMAX-CONSTRUCT recorded a gross margin of € 17,420 and equity of € 111,359. Compared with financial year 2024, the result moved from € -53,974 to € 6,692. Profitable, and profit is growing. 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 May 20, 2026.
€ 111,359
▼ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,692
▲ still € 53,974 loss in 2024
Profit after tax over the fiscal year.
€ 14,591
▲ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 47,500 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 618
▼ 79% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 16,417
▼ 36% vs 2024
€ 6,109 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,209
▲ € 2,826 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 954
▼ 56% 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 | € 79,530 | € -38,205 | € -11,680 | € 17,420 | ▲ € 29,100 |
| Profit after taxes | € 8,304 | € -71,745 | € -53,974 | € 6,692 | ▲ € 60,666 |
| Equity | € 277,885 | € 206,141 | € 152,167 | € 111,359 | ▼ 27% |
| Total debts | € 206,295 | € 522,760 | € 31,883 | € 24,414 | ▼ 23% |
| Cash | € 70,015 | € 4,348 | € 9,617 | € 14,591 | ▲ 52% |
| Land & buildings | € 150,358 | € 85,349 | € 71,509 | € 69,804 | ▼ 2% |
| Retained profit | € 247,629 | € 175,885 | € 121,911 | € 81,103 | ▼ 33% |
| Dividend | € 0 | € 0 | € 0 | € 47,500 | |
| Bank debt | € 144,339 | € 434,930 | € 25,567 | € 16,417 | ▼ 36% |
| Balance sheet total | € 530,660 | € 728,901 | € 184,050 | € 135,773 | ▼ 26% |
Key figures of TIMMAX-CONSTRUCT, 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 April 2027.
What happened to TIMMAX-CONSTRUCT?
What happened at TIMMAX-CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,692. filed late Source: NBB ↗
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,304 profit in 2022 to € 6,692 profit in 2025.
Paid € 22,292 in corporate taxes since 2022.
Best year ever: 2022, with € 8,304 profit.
Paid out € 47,500 in dividends to the owners in total.
Management
Behind TIMMAX-CONSTRUCT is Patrick HEUVINCK.
Directors
According to the 2025 annual accounts
Patrick HEUVINCK
Director
Establishments
Establishment units
Physical locations of this company
Paepestraat 47
9260 Wichelen
Eegene 42
9200 Dendermonde
Active since 4 June 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0480.393.587
- VAT number
- BE 0480.393.587
- Registered office
- Paepestraat 47, 9260 Wichelen
- Names & denominations
- TIMMAX-CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 2003
- Peppol
- Active · Active since 20 Sept 2025
- Activities · NACE
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Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
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Isolatiewerkzaamheden