Financials
Financial year 2025
TIMCO from Rotselaar, company number BE0683834162, closed financial year 2025 with a result of € 3,673 after tax. For that financial year TIMCO recorded a gross margin of € 177,976 and equity of € 134,961. Compared with financial year 2024, the result moved from € 19,224 to € 3,673. The company is profitable. 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 February 23, 2026.
€ 134,961
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,673
▼ 81% vs 2024
Profit after tax over the fiscal year.
€ 74,202
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 21,000 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.
€ 148,199
▲ 87% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 25,334
▼ 26% vs 2024
Of which on lease € 17,892.
Debts at end 2025
€ 18,840
▼ 44% vs 2024
€ 5,666 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 143,648
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,316
▲ 207% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 121,996 | € 157,216 | € 133,357 | € 177,976 | ▲ 33% |
| Profit after taxes | € 17,434 | € 50,162 | € 19,224 | € 3,673 | ▼ 81% |
| Equity | € 82,902 | € 133,065 | € 152,288 | € 134,961 | ▼ 11% |
| Total debts | € 122,724 | € 170,996 | € 168,200 | € 197,725 | ▲ 18% |
| Cash | € 44,988 | € 116,997 | € 81,130 | € 74,202 | ▼ 9% |
| Retained profit | € 76,702 | € 126,865 | € 146,088 | € 128,761 | ▼ 12% |
| Dividend | € 0 | € 0 | € 0 | € 21,000 | |
| Bank debt | € 24,534 | € 42,959 | € 33,639 | € 18,840 | ▼ 44% |
| Balance sheet total | € 205,626 | € 304,060 | € 320,488 | € 332,686 | ▲ 4% |
| Employees (FTE) | 1.8 | 2.5 | 1.6 | - |
By gross margin, TIMCO ranks 4th of 13 companies with main activity “Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit” in Rotselaar that publish figures (fiscal year 2025).
Key figures of TIMCO, 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.
Ask about TIMCO the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
What happened to TIMCO?
What happened at TIMCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,673 (▼ 81% vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Rotselaar. KBO
In short
From € 17,434 profit in 2022 to € 3,673 profit in 2025.
Paid € 33,603 in corporate taxes since 2022.
Best year ever: 2023, with € 50,162 profit.
On average € 83,300 of value added per employee in 2024.
Management
Behind TIMCO is Tim Vroom.
Directors
According to the 2025 annual accounts
Tim Vroom
Director
Establishments
Establishment units
Physical locations of this company
Leuvensebaan 6
3110 Rotselaar
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Similar companies in Rotselaar
Same main activity (Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit), 16 active companies in Rotselaar, largest first.
€ 95.4 million revenue · 2025
€ 4.1 million gross margin · 2025
€ 1 million gross margin · 2025
€ 389,535 gross margin · 2025
€ 145,722 gross margin · 2025
€ 99,392 gross margin · 2025
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- VROOM Tim(oprichter) 65%
- VAN MALCOT Walter Constant(oprichter) 35%
Details
- Company number
- 0683.834.162
- VAT number
- BE 0683.834.162
- Registered office
- Leuvensebaan 6, 3110 Rotselaar
- Names & denominations
- TIMCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 2017
- Peppol
- Active · Active since 9 Dec 2025
- Contact
- timco-air.be
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige bouwinstallatie
Detailhandel in verlichtingsartikelen
Algemene elektrotechnische installatiewerken
Reparatie en onderhoud van producten van metaal
Detailhandel in verlichtingsartikelen in gespecialiseerde winkels
Overige bouwinstallatie, n.e.g.
+1