Bankrupt · Opening faillissement (CBE)

TIM CONSTRUCT

BE0738538402

Rechtspersoon Private limited company 1 establishment

TIM CONSTRUCT is a construction company in Temse. Private Limited, started on 28 November 2019, 1 establishment.

Luxemburgstraat 20, 9140 Temse

Behind the company: Shpejtim Fazliu.

Start date

28 November 2019

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

TIM CONSTRUCT from Temse, company number BE0738538402, closed financial year 2024 with a result of € -46,577 after tax. For that financial year TIM CONSTRUCT recorded a gross margin of € 28,052 and equity of € 85,283. Compared with financial year 2023, the result moved from € 5,962 to € -46,577. The company made a loss. 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 June 18, 2025.

What it is worth Healthy

€ 85,283

▼ 35% vs 2023

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

Loss Caution

€ -46,577

▼ still € 5,962 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 34,435

▲ € 27,493 vs 2023

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 83,783.

People and assets in 2024

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 29,231

▼ 43% vs 2023

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

€ 5,045

▼ 16% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 12,713

▼ 54% vs 2023

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

Taxes and wages

€ 6,169

▼ 53% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 111,819 € 139,672 € 69,878 € 28,052 ▼ 60%
Profit after taxes € 42,011 € 15,542 € 5,962 € -46,577 ▼ € 52,539
Equity € 110,355 € 125,897 € 131,859 € 85,283 ▼ 35%
Total debts € 137,435 € 110,958 € 62,370 € 19,504 ▼ 69%
Cash € 843 € 0 € 6,943 € 34,435 ▲ € 27,493
Retained profit € 108,855 € 124,397 € 130,359 € 83,783 ▼ 36%
Bank debt € 49,471 € 38,609 € 12,378 € 0 ▼ 100%
Balance sheet total € 247,790 € 236,855 € 194,229 € 104,786 ▼ 46%

Key figures of TIM CONSTRUCT, 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 CONSTRUCT?

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

TIM CONSTRUCT is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 46,577 (▼ € 52,539 vs 2023). Source: NBB ↗
  • New establishment in Temse. KBO
  • Shpejtim Fazliu became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 42,011 profit in 2021 to € 46,577 loss in 2024.

Paid € 31,215 in corporate taxes since 2021.

Best year ever: 2021, with € 42,011 profit.

Management

Shpejtim Fazliu
TIM CONSTRUCT

Behind TIM CONSTRUCT is Shpejtim Fazliu.

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Directors

According to the 2024 annual accounts

Shpejtim Fazliu

Director

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Luxemburgstraat 20

9140 Temse

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

Details

Company number
0738.538.402
VAT number
BE 0738.538.402
Registered office
Luxemburgstraat 20, 9140 Temse
Names & denominations
TIM CONSTRUCT
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
28 November 2019
Peppol
Active · Active since 10 Apr 2026
Activities · NACE

Algemene bouw van andere niet-residentiële gebouwen

Metselwerk

Schilderen van gebouwen

Schoonheidsverzorging en andere schoonheidsbehandelingen

Dakwerkzaamheden

Schrijnwerk

Algemene elektrotechnische installatiewerken

Plaatsen van vloer- en wandtegels

+4

Frequently asked questions

What does TIM CONSTRUCT do?
TIM CONSTRUCT is a construction company in Temse. Private Limited, started on 28 November 2019, 1 establishment.
What is the address of TIM CONSTRUCT?
The registered office of TIM CONSTRUCT is located at Luxemburgstraat 20, 9140 Temse.
Is TIM CONSTRUCT still active?
No. The CBE lists TIM CONSTRUCT with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is TIM CONSTRUCT registered on Peppol?
Yes, TIM CONSTRUCT is registered on the Peppol network with ID 0208:0738538402.
What is the enterprise number of TIM CONSTRUCT?
The enterprise number of TIM CONSTRUCT is BE0738538402.
When was TIM CONSTRUCT founded?
TIM CONSTRUCT was founded on 28 November 2019.