What does Tim Saint-Germain do?

Tim Saint-Germain is a hospitality business in Diksmuide. Private Limited, started on 22 December 2016, 1 establishment.

What is the address of Tim Saint-Germain?

The registered office of Tim Saint-Germain is located at De Breyne Peellaertstraat(D) 12, 8600 Diksmuide.

Is Tim Saint-Germain still active?

Yes. According to the CBE (31 October 2026) Tim Saint-Germain is active, legal situation “Normale toestand”, started on 22 December 2016.

Is Tim Saint-Germain registered on Peppol?

Yes, Tim Saint-Germain is registered on the Peppol network with ID 0208:0668389188.

What is the enterprise number of Tim Saint-Germain?

The enterprise number of Tim Saint-Germain is BE0668389188.

When was Tim Saint-Germain founded?

Tim Saint-Germain was founded on 22 December 2016.

Who are the directors of Tim Saint-Germain?

According to the 2024 annual accounts, the directors of Tim Saint-Germain are: Eline Mergaert, Tim Saint-Germain, Salons Saint-Germain BV.

Is Tim Saint-Germain a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 December 2016; 4 annual accounts filed, latest fiscal year 2024; 3 directors known from the annual account.

How much profit did Tim Saint-Germain make in 2024?

Tim Saint-Germain posted a profit after taxes of € 140,065 in financial year 2024.

What is the revenue of Tim Saint-Germain?

As a small company, Tim Saint-Germain is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 1,438,010.

How much does an employee at Tim Saint-Germain earn?

The average wage cost per full-time employee at Tim Saint-Germain was € 53,500 in 2024: staff costs of € 1.1 million for 20 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Tim Saint-Germain have?

According to the 2024 annual accounts, Tim Saint-Germain has 20 full-time equivalents (FTE).

Tim Saint-Germain (Private Limited) - Diksmuide

Dossier Tim Saint-Germain, printed on 1 November 2026 from databakkes.be/en/0668389188/tim-saint-germain. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

Tim Saint-Germain from Diksmuide, company number BE0668389188, closed financial year 2024 with a result of € 140,065 after tax. For that financial year Tim Saint-Germain recorded a gross margin of € 1.4 million and equity of € 577,300. Compared with financial year 2023, the result moved from € 152,207 to € 140,065. 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 7, 2025.

What it is worth Growing

€ 577,300

▲ 7% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 140,065

▼ 8% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 450,151

▼ 28% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 100,000 paid out

71 % of the profit went to the shareholders, mostly to SALONS SAINT - GERMAIN (100 % of the shares). That is where the money ends up.

People and assets in 2024

Full-time equivalents

▲ 2 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.1 million

▲ 7% vs 2023

€ 53,500 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.

Vehicles and equipment

€ 9,696

▼ 31% vs 2023

Of which on lease € 7,223.

Debts at end 2024

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 433,734

▲ 46% vs 2023

€ 149,296 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 335,524

▲ 22% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 24,366

▼ 24% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 606,138 Gross margin 2021: € 606,138 First fiscal year in the series	€ 1,085,724 Gross margin 2022: € 1,085,724 ▲ 79% vs 2021 (€ 606,138) Favourable step	€ 1,332,504 Gross margin 2023: € 1,332,504 ▲ 23% vs 2022 (€ 1,085,724) Favourable step	€ 1,438,010 Gross margin 2024: € 1,438,010 ▲ 8% vs 2023 (€ 1,332,504) Favourable step	▲ 8%
Profit after taxes	€ 20,130 Profit after taxes 2021: € 20,130 First fiscal year in the series	€ 87,196 Profit after taxes 2022: € 87,196 ▲ € 67,066 vs 2021 (€ 20,130) Favourable step	€ 152,207 Profit after taxes 2023: € 152,207 ▲ 75% vs 2022 (€ 87,196) Favourable step	€ 140,065 Profit after taxes 2024: € 140,065 ▼ 8% vs 2023 (€ 152,207) Unfavourable step	▼ 8%
Equity	€ 450,039 Equity 2021: € 450,039 First fiscal year in the series	€ 537,235 Equity 2022: € 537,235 ▲ 19% vs 2021 (€ 450,039) Favourable step	€ 537,235 Equity 2023: € 537,235 Unchanged (€ 537,235) Unchanged	€ 577,300 Equity 2024: € 577,300 ▲ 7% vs 2023 (€ 537,235) Favourable step	▲ 7%
Total debts	€ 1,003,967 Total debts 2021: € 1,003,967 First fiscal year in the series	€ 983,684 Total debts 2022: € 983,684 ▼ 2% vs 2021 (€ 1,003,967) Favourable step	€ 1,239,690 Total debts 2023: € 1,239,690 ▲ 26% vs 2022 (€ 983,684) Unfavourable step	€ 1,271,870 Total debts 2024: € 1,271,870 ▲ 3% vs 2023 (€ 1,239,690) Unfavourable step	▲ 3%
Cash	€ 409,136 Cash 2021: € 409,136 First fiscal year in the series	€ 360,155 Cash 2022: € 360,155 ▼ 12% vs 2021 (€ 409,136) Unfavourable step	€ 628,176 Cash 2023: € 628,176 ▲ 74% vs 2022 (€ 360,155) Favourable step	€ 450,151 Cash 2024: € 450,151 ▼ 28% vs 2023 (€ 628,176) Unfavourable step	▼ 28%
Land & buildings	€ 173,580 Land & buildings 2021: € 173,580 First fiscal year in the series	€ 149,376 Land & buildings 2022: € 149,376 ▼ 14% vs 2021 (€ 173,580) Unchanged	€ 125,172 Land & buildings 2023: € 125,172 ▼ 16% vs 2022 (€ 149,376) Unchanged	€ 100,968 Land & buildings 2024: € 100,968 ▼ 19% vs 2023 (€ 125,172) Unchanged	▼ 19%
Retained profit	€ 450,039 Retained profit 2021: € 450,039 First fiscal year in the series	€ 537,235 Retained profit 2022: € 537,235 ▲ 19% vs 2021 (€ 450,039) Favourable step	€ 22,493 Retained profit 2023: € 22,493 ▼ 96% vs 2022 (€ 537,235) Unfavourable step	€ 62,558 Retained profit 2024: € 62,558 ▲ 178% vs 2023 (€ 22,493) Favourable step	▲ 178%
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 0 Dividend 2022: € 0 Unchanged (€ 0) Unchanged	€ 152,207 Dividend 2023: € 152,207 Unchanged (€ 0) Unchanged	€ 100,000 Dividend 2024: € 100,000 ▼ 34% vs 2023 (€ 152,207) Unchanged	▼ 34%
Bank debt	€ 358,177 Bank debt 2021: € 358,177 First fiscal year in the series	€ 386,875 Bank debt 2022: € 386,875 ▲ 8% vs 2021 (€ 358,177) Unfavourable step	€ 297,293 Bank debt 2023: € 297,293 ▼ 23% vs 2022 (€ 386,875) Favourable step	€ 433,734 Bank debt 2024: € 433,734 ▲ 46% vs 2023 (€ 297,293) Unfavourable step	▲ 46%
Balance sheet total	€ 1,454,006 Balance sheet total 2021: € 1,454,006 First fiscal year in the series	€ 1,520,919 Balance sheet total 2022: € 1,520,919 ▲ 5% vs 2021 (€ 1,454,006) Unchanged	€ 1,776,925 Balance sheet total 2023: € 1,776,925 ▲ 17% vs 2022 (€ 1,520,919) Unchanged	€ 1,849,170 Balance sheet total 2024: € 1,849,170 ▲ 4% vs 2023 (€ 1,776,925) Unchanged	▲ 4%
Employees (FTE)	15.5 Employees (FTE) 2021: 15.5 First fiscal year in the series	18.1 Employees (FTE) 2022: 18.1 ▲ 2.6 vs 2021 (15.5) Unchanged	18 Employees (FTE) 2023: 18 ▼ 0.1 vs 2022 (18.1) Unchanged	20 Employees (FTE) 2024: 20 ▲ 2 vs 2023 (18) Unchanged	▲ 2

Key figures of Tim Saint-Germain, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to Tim Saint-Germain?

What happened at Tim Saint-Germain in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 7, 2025 New annual accounts for financial year 2024: profit of € 140,065 (▼ 8% vs 2023). Source: NBB ↗
Dec 22, 2016 New establishment in Diksmuide. KBO
Dec 22, 2016 Start of the company according to the CBE. KBO

In short

From € 20,130 profit in 2021 to € 140,065 profit in 2024.

Paid € 3,319 in corporate taxes since 2021.

Best year ever: 2023, with € 152,207 profit.

On average € 71,900 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

SALONS SAINT - GERMAIN 99.6%

The stake of SALONS SAINT - GERMAIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Tim Saint-Germain

Behind Tim Saint-Germain are Eline Mergaert, Tim Saint-Germain and Salons Saint-Germain BV. The shares are held by SALONS SAINT - GERMAIN (99.6%).

Directors

According to the 2024 annual accounts

Eline Mergaert

Director

Owns 0% via SALONS SAINT - GERMAIN

Also active at: Duin en Polder, SALONS SAINT - GERMAIN, MESAELITI

Tim Saint-Germain

Director

Also active at: MESAELITI

Salons Saint-Germain BV

Director

Shareholders

SALONS SAINT - GERMAIN · holding of Eline Mergaert

99.6%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

De Breyne Peellaertstraat(D) 12

8600 Diksmuide

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

SALONS SAINT - GERMAIN same network

€ 210,577 gross margin · 2025

MESAELITI same network

€ 197,247 gross margin · 2025

Feestzalen Saint Germain

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0668.389.188

VAT number

BE 0668.389.188

Registered office

De Breyne Peellaertstraat(D) 12, 8600 Diksmuide

Names & denominations

Tim Saint-Germain

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

22 December 2016

Peppol

Active · Active since 27 May 2025

Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Catering van evenementen

Discotheken, dancings en dergelijke

View on CBE Public ↗ Annual accounts (NBB) ↗

Tim Saint-Germain

Financials

What happened to Tim Saint-Germain?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions