Financials
Financial year 2025
TIMECH from Kalmthout, company number BE0808074435, closed financial year 2025 with a result of € 90,897 after tax. For that financial year TIMECH recorded a gross margin of € 384,538 and equity of € 479,277. Compared with financial year 2024, the result moved from € 92,974 to € 90,897. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 12, 2025.
€ 479,277
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 90,897
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 220,480
▲ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 82,400 paid out
91 % of the profit went to the shareholders, mostly to VADITECH (100 % of the shares). That is where the money ends up.
People and assets in 2025
3.7
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 200,547
▲ 11% vs 2024
€ 54,200 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.
€ 62,538
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 370,106
▲ 57% vs 2024
€ 366,060 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 279,447
▲ 136% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 74,196
▲ 69% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 284,182 | € 268,117 | € 364,543 | € 384,538 | ▲ 5% |
| Profit after taxes | € 62,599 | € 43,589 | € 92,974 | € 90,897 | ▼ 2% |
| Equity | € 448,009 | € 459,198 | € 470,780 | € 479,277 | ▲ 2% |
| Total debts | € 442,319 | € 567,077 | € 398,745 | € 723,749 | ▲ 82% |
| Cash | € 34,739 | € 56,130 | € 128,488 | € 220,480 | ▲ 72% |
| Retained profit | € 303,009 | € 314,198 | € 325,780 | € 334,277 | ▲ 3% |
| Dividend | € 29,700 | € 32,400 | € 82,400 | € 82,400 | |
| Bank debt | € 219,278 | € 301,763 | € 235,708 | € 370,106 | ▲ 57% |
| Balance sheet total | € 890,328 | € 1,026,275 | € 869,525 | € 1,203,026 | ▲ 38% |
| Employees (FTE) | 4.3 | 4 | 3.4 | 3.7 | ▲ 0.3 |
By gross margin, TIMECH ranks 27th of 67 companies with main activity “Groothandel in machines, werktuigen en toebehoren voor de landbouw” in the province of Antwerp that publish figures (fiscal year 2025).
Key figures of TIMECH, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
Ask about TIMECH 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 TIMECH?
What happened at TIMECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 90,897 (▼ 2% vs 2024). Source: NBB ↗
- Capital increase of € 100,000, published in the Gazette. Source: Staatsblad ↗
- New establishment in Kalmthout. KBO
- Start of the company according to the CBE. KBO
In short
From € 62,599 profit in 2022 to € 90,897 profit in 2025.
Paid € 100,541 in corporate taxes since 2022.
Best year ever: 2024, with € 92,974 profit.
On average € 103,900 of value added per employee in 2025.
Management
The stake of VADITECH comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TIMECHBehind TIMECH are Greet Jacobs and Vaditech. The shares are held by VADITECH (100%).
Establishments
Establishment units
Physical locations of this company
Essensteenweg (Nm) 94
2920 Kalmthout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
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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.
Capital increase
Source: Deed ↗- Joseph Tilborghs(inbrenger)
Details
- Company number
- 0808.074.435
- VAT number
- BE 0808.074.435
- Registered office
- Essensteenweg (Nm) 94, 2920 Kalmthout
- Names & denominations
- TIMECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 2008
- Peppol
- Active · Active since 8 May 2025
- Activities · NACE
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling (inclusief spuiten en verven)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling