Financials
Financial year 2025
TIM from Turnhout, company number BE0541574358, closed financial year 2025 with a result of € 19,593 after tax. For that financial year TIM recorded a gross margin of € 42,940 and equity of € 59,427. Compared with financial year 2024, the result moved from € 12,672 to € 19,593. 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 July 28, 2026.
€ 59,427
▲ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,593
▲ 55% vs 2024
Profit after tax over the fiscal year.
€ 5,790
▼ 21% 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 € 45,727.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 97,733
▼ 9% vs 2024
Of which on lease € 97,733.
Debts at end 2025
€ 95,525
▼ 12% vs 2024
€ 13,020 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1,219
▲ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,771
▲ 187% 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 | € 32,643 | € 41,991 | € 31,983 | € 42,940 | ▲ 34% |
| Profit after taxes | € 15,274 | € 25,271 | € 12,672 | € 19,593 | ▲ 55% |
| Equity | € 1,890 | € 27,162 | € 39,834 | € 59,427 | ▲ 49% |
| Total debts | € 127,375 | € 107,567 | € 110,269 | € 98,830 | ▼ 10% |
| Cash | € 464 | € 4,144 | € 7,356 | € 5,790 | ▼ 21% |
| Retained profit | € -11,810 | € 13,462 | € 26,134 | € 45,727 | ▲ 75% |
| Bank debt | € 118,076 | € 106,214 | € 108,201 | € 95,525 | ▼ 12% |
| Balance sheet total | € 129,266 | € 134,729 | € 150,103 | € 158,258 | ▲ 5% |
Key figures of TIM, 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?
What happened at TIM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,593 (▲ 55% vs 2024). Source: NBB ↗
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,274 profit in 2022 to € 19,593 profit in 2025.
Paid € 12,973 in corporate taxes since 2022.
Best year ever: 2023, with € 25,271 profit.
Management
Behind TIM is Tim De Heldt.
Directors
According to the 2025 annual accounts
Tim De Heldt
Director
Establishments
Establishment units
Physical locations of this company
Steenweg op Zevendonk 215
2300 Turnhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0541.574.358
- VAT number
- BE 0541.574.358
- Registered office
- Steenweg op Zevendonk 215, 2300 Turnhout
- Names & denominations
- TIM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 October 2013
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Ontwerpen van textielpatronen, kleding, juwelen, meubels en decoratieartikelen
Organisatie van congressen en beurzen
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Overige persoonlijke diensten
Detailhandel in huishoudtextiel en beddengoed
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Detailhandel in huismeubilair
Adviesbureaus op het gebied van public relations en communicatie
+1