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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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Busy address KBO
31 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TIMCHA DEVELOPMENT from Vorst, company number BE0747981747, closed financial year 2025 with a result of € 60,822 after tax. For that financial year TIMCHA DEVELOPMENT recorded a gross margin of € 89,147 and equity of € 132,885. Compared with financial year 2024, the result moved from € 78,824 to € 60,822. 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 October 31, 2025.
€ 132,885
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 60,822
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 57,079
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 120,000 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.
€ 8,548
▼ 34% 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.
€ 7,674
▼ 73% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 101,252 | € 104,660 | € 112,429 | € 89,147 | ▼ 21% |
| Profit after taxes | € 51,396 | € 59,844 | € 78,824 | € 60,822 | ▼ 23% |
| Equity | € 53,396 | € 113,239 | € 192,064 | € 132,885 | ▼ 31% |
| Total debts | € 56,865 | € 72,827 | € 29,700 | € 15,791 | ▼ 47% |
| Cash | € 38,670 | € 162,708 | € 124,063 | € 57,079 | ▼ 54% |
| Retained profit | € 51,396 | € 111,239 | € 190,064 | € 130,885 | ▼ 31% |
| Dividend | € 0 | € 0 | € 0 | € 120,000 | |
| Bank debt | € 11,223 | € 2,823 | € 0 | € 0 | |
| Balance sheet total | € 110,261 | € 186,066 | € 221,764 | € 148,676 | ▼ 33% |
Key figures of TIMCHA DEVELOPMENT, 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 October 2026.
What happened to TIMCHA DEVELOPMENT?
What happened at TIMCHA DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 60,822 (▼ 23% vs 2024). Source: NBB ↗
- New establishment in Vorst. KBO
- CHARLES TIMMERMANS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 51,396 profit in 2022 to € 60,822 profit in 2025.
Paid € 73,169 in corporate taxes since 2022.
Best year ever: 2024, with € 78,824 profit.
Paid out € 120,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TIMCHA DEVELOPMENT is CHARLES TIMMERMANS.
Directors
According to the 2025 annual accounts
CHARLES TIMMERMANS
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Koningslaan 107
1190 Vorst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 31 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0747.981.747
- VAT number
- BE 0747.981.747
- Registered office
- Koningslaan 107, 1190 Vorst
- Names & denominations
- TIMCHA DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 2020
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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