Financials
Financial year 2025
Timmic Elektrotechniek from Haaltert, company number BE0746657894, closed financial year 2025 with a result of € -6,723 after tax. For that financial year Timmic Elektrotechniek recorded a gross margin of € -3,904 and equity of € 619. Compared with financial year 2024, the result moved from € 965 to € -6,723. The company made a loss. The buffer shrank hard: equity is 92 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ 619
▼ 92% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,723
▼ still € 965 profit in 2024
Profit after tax over the fiscal year.
€ 642
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2,381.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,056
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,115
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,469
▼ 76% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,696 | € 7,438 | € 3,881 | € -3,904 | ▼ € 7,785 |
| Profit after taxes | € 420 | € 2,144 | € 965 | € -6,723 | ▼ € 7,688 |
| Equity | € 4,232 | € 6,376 | € 7,342 | € 619 | ▼ 92% |
| Total debts | € 5,250 | € 17,499 | € 32,100 | € 14,537 | ▼ 55% |
| Cash | € 1,017 | € 1,428 | € 2,407 | € 642 | ▼ 73% |
| Retained profit | € 1,232 | € 3,376 | € 4,342 | € -2,381 | ▼ € 6,723 |
| Balance sheet total | € 9,482 | € 23,875 | € 39,441 | € 15,156 | ▼ 62% |
Key figures of Timmic Elektrotechniek, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to Timmic Elektrotechniek?
What happened at Timmic Elektrotechniek in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,723 (▼ € 7,688 vs 2024). Source: NBB ↗
- New establishment in Haaltert. KBO
- Start of the company according to the CBE. KBO
In short
From € 420 profit in 2022 to € 6,723 loss in 2025.
Paid € 1,766 in corporate taxes since 2022.
Best year ever: 2023, with € 2,144 profit.
Management
Behind Timmic Elektrotechniek is MICHAEL TIMMERMANS.
Directors
According to the 2025 annual accounts
MICHAEL TIMMERMANS
Director
Establishments
Establishment units
Physical locations of this company
Terjodendries(ER) 66
9450 Haaltert
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
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0746.657.894
- VAT number
- BE 0746.657.894
- Registered office
- Terjodendries(ER) 66, 9450 Haaltert
- Names & denominations
- Timmic Elektrotechniek
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 May 2020
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Reparatie en onderhoud van machines
Algemene elektrotechnische installatiewerken
Sanitaire werkzaamheden