Financials
Financial year 2025
Timfin from Wingene, company number BE0780598392, closed financial year 2025 with a result of € 6,586 after tax. For that financial year Timfin recorded a gross margin of € 1.1 million and equity of € 282,123. Compared with financial year 2024, the result moved from € 56,232 to € 6,586. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 282,123
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,586
▼ 88% vs 2024
Profit after tax over the fiscal year.
€ 146,002
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 252,123.
People and assets in 2025
9.4
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 879,183
▲ 21% vs 2024
€ 93,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 176,418
▲ 55% vs 2024
Of which on lease € 77,862.
Debts at end 2025
€ 767,481
▼ 1% vs 2024
€ 113,874 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 41,170
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,116
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 1,776,554 | € 1,022,050 | € 1,128,511 | ▲ 10% |
| Profit after taxes | € 189,305 | € 56,232 | € 6,586 | ▼ 88% |
| Equity | € 219,305 | € 275,537 | € 282,123 | ▲ 2% |
| Total debts | € 1,147,882 | € 1,119,733 | € 1,002,434 | ▼ 10% |
| Cash | € 110,057 | € 129,913 | € 146,002 | ▲ 12% |
| Retained profit | € 189,305 | € 245,537 | € 252,123 | ▲ 3% |
| Bank debt | € 994,447 | € 775,653 | € 767,481 | ▼ 1% |
| Balance sheet total | € 1,367,188 | € 1,395,270 | € 1,284,557 | ▼ 8% |
| Employees (FTE) | - | 9 | 9.4 | ▲ 0.4 |
Key figures of Timfin, fiscal years 2023 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 Timfin?
What happened at Timfin in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,586 (▼ 88% vs 2024). Source: NBB ↗
- New establishment in Wingene. KBO
- Start of the company according to the CBE. KBO
In short
From € 189,305 profit in 2023 to € 6,586 profit in 2025.
Paid € 51,950 in corporate taxes since 2023.
Best year ever: 2023, with € 189,305 profit.
On average € 120,100 of value added per employee in 2025.
A new publication or filing at Timfin? We notify you, reason included.
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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 Timfin is Lodewijk Kiekens. Lodewijk Kiekens is also behind LINNAEUS.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Industriestraat 7
8755 Wingene
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
SQUARESPACE - Squarespace, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0780.598.392
- VAT number
- BE 0780.598.392
- Registered office
- Industriestraat 7, 8755 Wingene
- Names & denominations
- Timfin
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2022
- Peppol
- Active · Active since 19 Nov 2025
- Contact
- timfin.be [email protected] +3251123017
- Activities · NACE
Schrijnwerk
Schilderen van gebouwen
Coating van metalen
Plaatsen van vloerbedekking en wandbekleding van hout
Oppervlaktebehandeling van metalen