Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TIMUCIN from Antwerpen, company number BE0548668226, closed financial year 2025 with a result of € 35,666 after tax. For that financial year TIMUCIN recorded a gross margin of € 943,794 and equity of € 345,575. Compared with financial year 2024, the result moved from € 36,837 to € 35,666. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 26, 2026.
€ 345,575
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 35,666
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 185,358
▲ 60% 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 € 176,975.
People and assets in 2025
17
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 654,565
▲ 10% vs 2024
€ 38,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 90,953
▼ 27% vs 2024
Of which on lease € 88,311.
Debts at end 2025
€ 446,255
▲ 27% vs 2024
€ 80,190 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.1 million
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 125,496
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 615,839 | € 631,408 | € 875,076 | € 943,794 | ▲ 8% |
| Profit after taxes | € 31,676 | € 10,647 | € 36,837 | € 35,666 | ▼ 3% |
| Equity | € 262,424 | € 273,071 | € 309,909 | € 345,575 | ▲ 12% |
| Total debts | € 1,029,838 | € 1,217,678 | € 1,292,640 | € 1,663,544 | ▲ 29% |
| Cash | € 56,994 | € 89,646 | € 116,017 | € 185,358 | ▲ 60% |
| Retained profit | € 93,824 | € 104,471 | € 141,309 | € 176,975 | ▲ 25% |
| Dividend | € 3,750 | € 0 | € 0 | € 0 | |
| Bank debt | € 126,018 | € 316,942 | € 352,319 | € 446,255 | ▲ 27% |
| Balance sheet total | € 1,292,262 | € 1,490,749 | € 1,602,549 | € 2,009,119 | ▲ 25% |
| Employees (FTE) | 14.6 | 13.3 | 17.3 | 17 | ▼ 0.3 |
Key figures of TIMUCIN, 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 TIMUCIN?
What happened at TIMUCIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 35,666 (▼ 3% vs 2024). Source: NBB ↗
- Idris Kirtan became a director. NBB
- Dede BV stepped down as director. NBB
- Ahmet Sahin became a director. NBB
- Dede BV became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,676 profit in 2022 to € 35,666 profit in 2025.
Paid € 69,391 in corporate taxes since 2022.
Best year ever: 2024, with € 36,837 profit.
On average € 55,500 of value added per employee in 2025.
A new publication or filing at TIMUCIN? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TIMUCIN are Ahmet Sahin and Idris Kirtan. Ahmet Sahin is also behind MARKET AKARSU. Idris Kirtan is also behind DEDE.
Directors
According to the 2025 annual accounts
since 2022
since 2025
Director · represented by Idris Kirtan
since 2022 · until 2025
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 169
2660 Antwerpen
Antwerpsesteenweg 169-173
2660 Antwerpen
Active since 1 October 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
CLDIN-NL Your Hosting B.V. part of Your.Online, NL
Website info
Features
Security
Details
- Company number
- 0548.668.226
- VAT number
- BE 0548.668.226
- Registered office
- Antwerpsesteenweg 169, 2660 Antwerpen
- Names & denominations
- TIMUCIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 March 2014
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- versmarktdevos.be
- Activities · NACE
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