Active · per the CBE, 30 October 2026
Timo Mortier logo

Timo Mortier

BE0724537540

Rechtspersoon Private limited company 1 establishment

Timo Mortier is a furniture maker in Ichtegem. Private Limited, started on 4 April 2019, 1 establishment.

Fabriekweg(EER) 39, 8480 Ichtegem timomortier.be

Behind the company: Timo Mortier, Kim Pattyn.

Active for

7 year, 6 months

Financials

Financial year 2025

Timo Mortier from Ichtegem, company number BE0724537540, closed financial year 2025 with a result of € 23,801 after tax. For that financial year Timo Mortier recorded a gross margin of € 132,495 and equity of € 238,711. Compared with financial year 2024, the result moved from € 32,196 to € 23,801. The company is profitable. 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 20, 2026.

What it is worth Growing

€ 238,711

▲ 11% vs 2024

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

Profit Healthy

€ 23,801

▼ 26% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 31,266

▼ 52% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 220,111.

People and assets in 2025

Wage cost

€ 19,840

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

€ 32,117

▼ 31% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go

€ 301,164

▼ 12% vs 2024

€ 37,588 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 18,047

▼ 12% vs 2024

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

Taxes and wages

€ 12,205

▼ 6% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 145,262 € 162,517 € 142,380 € 132,495 ▼ 7%
Profit after taxes € 40,258 € 47,904 € 32,196 € 23,801 ▼ 26%
Equity € 134,810 € 182,714 € 214,910 € 238,711 ▲ 11%
Total debts € 552,297 € 429,016 € 391,012 € 340,713 ▼ 13%
Cash € 20,891 € 51,679 € 64,595 € 31,266 ▼ 52%
Land & buildings € 262,500 € 252,500 € 242,500 € 232,500 ▼ 4%
Retained profit € 116,210 € 164,114 € 196,310 € 220,111 ▲ 12%
Bank debt € 386,005 € 351,820 € 341,031 € 301,164 ▼ 12%
Balance sheet total € 687,107 € 611,730 € 605,922 € 579,424 ▼ 4%

Key figures of Timo Mortier, 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 Timo Mortier?

What happened at Timo Mortier in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 23,801 (▼ 26% vs 2024). Source: NBB ↗
  • New establishment in Ichtegem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 40,258 profit in 2022 to € 23,801 profit in 2025.

Paid € 56,185 in corporate taxes since 2022.

Best year ever: 2023, with € 47,904 profit.

Management

Timo Mortier Kim Pattyn
Timo Mortier

Behind Timo Mortier are Timo Mortier and Kim Pattyn.

Directors

According to the 2025 annual accounts

Timo Mortier

Director

Kim Pattyn

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Fabriekweg(EER) 39

8480 Ichtegem

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.

Website

Technologies

Cloudflare CDNCookie ConsentPHPPWAVarnish

Hosting & Email

Hosting

CLOUDFLARENET - Cloudflare, Inc., US

DNS

Cloudflare DNS

Website info

HTTPS Ja
Languages NL

Features

Webshop

Security

✓ HTTPS
✗ SPF
✗ DMARC

Network

✓ IPv6
✓ Load balancing

Details

Company number
0724.537.540
VAT number
BE 0724.537.540
Registered office
Fabriekweg(EER) 39, 8480 Ichtegem
Names & denominations
Timo Mortier
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
4 April 2019
Peppol
Active · Active since 31 Oct 2023
Activities · NACE

Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen

Schrijnwerk

Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen

Vervaardiging van keukenmeubelen

Plaatsen van vloerbedekking en wandbekleding van hout

Frequently asked questions

What does Timo Mortier do?
Timo Mortier is a furniture maker in Ichtegem. Private Limited, started on 4 April 2019, 1 establishment.
What is the address of Timo Mortier?
The registered office of Timo Mortier is located at Fabriekweg(EER) 39, 8480 Ichtegem.
Is Timo Mortier still active?
Yes. According to the CBE (30 October 2026) Timo Mortier is active, legal situation “Normale toestand”, started on 4 April 2019.
Is Timo Mortier registered on Peppol?
Yes, Timo Mortier is registered on the Peppol network with ID 0208:0724537540.
What is the enterprise number of Timo Mortier?
The enterprise number of Timo Mortier is BE0724537540.
When was Timo Mortier founded?
Timo Mortier was founded on 4 April 2019.