Financials
Financial year 2025
Ag. Timco from Brecht, company number BE0809055620, closed financial year 2025 with a result of € 15,194 after tax. For that financial year Ag. Timco recorded a gross margin of € 38,495 and equity of € 369,180. Compared with financial year 2024, the result moved from € 25,928 to € 15,194. 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 April 17, 2026.
€ 369,180
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,194
▼ 41% vs 2024
Profit after tax over the fiscal year.
€ 70,302
▲ 108% 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 € 319,180.
People and assets in 2025
€ 4,053
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 50,966
▼ 26% vs 2024
€ 18,246 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 28,500
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,583
▼ 1% 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 | € 111,571 | € 53,993 | € 53,133 | € 38,495 | ▼ 28% |
| Profit after taxes | € 59,940 | € 22,775 | € 25,928 | € 15,194 | ▼ 41% |
| Equity | € 390,155 | € 358,930 | € 353,986 | € 369,180 | ▲ 4% |
| Total debts | € 150,197 | € 156,574 | € 119,322 | € 104,049 | ▼ 13% |
| Cash | € 66,059 | € 121,085 | € 33,789 | € 70,302 | ▲ 108% |
| Land & buildings | € 129,547 | € 115,835 | € 102,122 | € 88,409 | ▼ 13% |
| Retained profit | € 340,155 | € 308,930 | € 303,986 | € 319,180 | ▲ 5% |
| Dividend | € 46,214 | € 54,000 | € 30,872 | € 0 | ▼ 100% |
| Bank debt | € 103,801 | € 86,501 | € 68,891 | € 50,966 | ▼ 26% |
| Balance sheet total | € 540,353 | € 515,504 | € 473,309 | € 473,229 |
Key figures of Ag. Timco, 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 April 2027.
What happened to Ag. Timco?
What happened at Ag. Timco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,194 (▼ 41% vs 2024). Source: NBB ↗
- New establishment in Brecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,940 profit in 2022 to € 15,194 profit in 2025.
Paid € 64,914 in corporate taxes since 2022.
Best year ever: 2022, with € 59,940 profit.
Paid out € 131,085 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 Ag. Timco are TIM PAUWELS and ANNICK DE PAUW.
Directors
According to the 2025 annual accounts
TIM PAUWELS
Director
ANNICK DE PAUW
Director
Establishments
Establishment units
Physical locations of this company
Vaartkant Rechts 10
2960 Brecht
Oostmalsebaan 1 box C
2960 Brecht
Active since 13 January 2009
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
- 0809.055.620
- VAT number
- BE 0809.055.620
- Registered office
- Vaartkant Rechts 10, 2960 Brecht
- Names & denominations
- Ag. Timco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 2009
- Peppol
- Active · Active since 22 Jul 2025
- Contact
- agtimco.be
- Activities · NACE
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