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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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.
€ 85,283
▼ 35% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -46,577
▼ still € 5,962 profit in 2023
Profit after tax over the fiscal year.
€ 34,435
▲ € 27,493 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 83,783.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 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.
€ 5,045
▼ 16% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 12,713
▼ 54% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 6,169
▼ 53% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 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% |
By gross margin, TIM CONSTRUCT ranks 3rd of 4 companies with main activity “Algemene bouw van andere niet-residentiële gebouwen” in Temse that publish figures (fiscal year 2024).
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.
Ask about TIM CONSTRUCT the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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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 ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Temse. KBO
- Shpejtim Fazliu became a director. NBB
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
Behind TIM CONSTRUCT is Shpejtim Fazliu.
Directors
According to the 2024 annual accounts
Shpejtim Fazliu
Director
since 2019
Establishments
Establishment units
Physical locations of this company
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.
Similar companies in Temse
Same main activity (Algemene bouw van andere niet-residentiële gebouwen), 8 active companies in Temse, largest first.
€ 6.7 million revenue · 2025
€ 1.2 million gross margin · 2025
€ 67,620 gross margin · 2025
€ 9,296 gross margin · 2025
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 ↗- Schpejtim Fazliu(oprichter) 50%
- Pranvera Hoxhaxhiku(oprichter) 50%
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
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