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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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TIM VANDEKERCKHOVE from Kortrijk, company number BE0632827802, closed financial year 2025 with a result of € 34,057 after tax. For that financial year TIM VANDEKERCKHOVE recorded a gross margin of € 70,596 and equity of € 54,019. Compared with financial year 2024, the result moved from € -320 to € 34,057. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 54,019
▲ 171% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,057
▲ still € 320 loss in 2024
Profit after tax over the fiscal year.
€ 3,272
▼ 30% 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 € 47,819.
People and assets in 2025
€ 29,030
▲ 147% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 350,749
▼ 7% vs 2024
€ 22,992 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 11,256
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,534
▼ 7% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 43,331 | € 49,209 | € 48,319 | € 70,596 | ▲ 46% |
| Profit after taxes | € -4,100 | € 7,407 | € -320 | € 34,057 | ▲ € 34,376 |
| Equity | € 12,874 | € 20,281 | € 19,962 | € 54,019 | ▲ 171% |
| Total debts | € 838,418 | € 815,565 | € 790,870 | € 759,503 | ▼ 4% |
| Cash | € 6,967 | € 1,890 | € 4,685 | € 3,272 | ▼ 30% |
| Land & buildings | € 796,829 | € 800,023 | € 778,258 | € 758,473 | ▼ 3% |
| Retained profit | € 6,674 | € 14,081 | € 13,762 | € 47,819 | ▲ 247% |
| Bank debt | € 431,311 | € 404,963 | € 378,112 | € 350,749 | ▼ 7% |
| Balance sheet total | € 851,292 | € 835,846 | € 810,832 | € 813,521 |
Key figures of TIM VANDEKERCKHOVE, 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 January 2027.
What happened to TIM VANDEKERCKHOVE?
What happened at TIM VANDEKERCKHOVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 34,057. Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,100 loss in 2022 to € 34,057 profit in 2025.
Paid € 5,047 in corporate taxes since 2022.
Best year ever: 2025, with € 34,057 profit.
A new publication or filing at TIM VANDEKERCKHOVE? 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 TIM VANDEKERCKHOVE is Tim Vandekerckhove. It owns 50% of Chicken Masters of Belgium itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Louis De Poorterestraat(Kor) 5
8500 Kortrijk
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
- 0632.827.802
- VAT number
- BE 0632.827.802
- Registered office
- Louis De Poorterestraat(Kor) 5, 8500 Kortrijk
- Names & denominations
- TIM VANDEKERCKHOVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2015
- Peppol
- Active · Active since 21 Oct 2025
- Activities · NACE
Activiteiten van hoofdkantoren
Activiteiten van holdings
Overige technische testen en toetsen
Overige zakelijke dienstverlening, neg
Holdings