What does Tim Paesen do?

Tim Paesen is a bar in Bree. Private Limited, started on 22 January 2010, 1 establishment.

What is the address of Tim Paesen?

The registered office of Tim Paesen is located at Barrierstraat 11, 3960 Bree.

Is Tim Paesen still active?

Yes. According to the CBE (31 October 2026) Tim Paesen is active, legal situation “Normale toestand”, started on 22 January 2010.

Is Tim Paesen registered on Peppol?

Yes, Tim Paesen is registered on the Peppol network with ID 0208:0822513577.

What is the enterprise number of Tim Paesen?

The enterprise number of Tim Paesen is BE0822513577.

When was Tim Paesen founded?

Tim Paesen was founded on 22 January 2010.

Who are the directors of Tim Paesen?

According to the 2025 annual accounts, the directors of Tim Paesen are: Tim Paesen.

Is Tim Paesen a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 January 2010; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Tim Paesen make in 2025?

Tim Paesen posted a profit after taxes of € 9,689 in financial year 2025.

What is the revenue of Tim Paesen?

As a small company, Tim Paesen is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 27,800.

Tim Paesen (Private Limited) - Bree - BE0822513577

Dossier Tim Paesen, printed on 31 October 2026 from databakkes.be/en/0822513577/tim-paesen. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Tim Paesen from Bree, company number BE0822513577, closed financial year 2025 with a result of € 9,689 after tax. For that financial year Tim Paesen recorded a gross margin of € 27,800 and equity of € 27,199. Compared with financial year 2024, the result moved from € 4,680 to € 9,689. Profitable, and profit is growing. 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 June 23, 2026.

What it is worth Growing

€ 27,199

▲ 55% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 9,689

▲ 107% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 20,634

▲ 67% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 20,999.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate Staff cost at a one-person company Staff Only people on the payroll count here.€ 1,138 Likely the director’s social contribution or pension premium.The director’s pay Already netted into the gross margin, not shown separately in the accounts. Typical for one-person companies € 45,000 gross per year minimum for the reduced tax rate≈ € 2,100 net per month after contributions, tax and usually some benefits in kind, roughly Assumption based on the chart of accounts, not a figure from the source.

€ 1,138

▼ 30% vs 2024

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Vehicles and equipment

€ 29,688

▼ 20% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 16,639

▼ 26% vs 2024

€ 6,221 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 2,860

▼ 27% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 8,408

▲ 20% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 11,238 Gross margin 2022: € 11,238 First fiscal year in the series	€ 10,856 Gross margin 2023: € 10,856 ▼ 3% vs 2022 (€ 11,238) Unfavourable step	€ 15,426 Gross margin 2024: € 15,426 ▲ 42% vs 2023 (€ 10,856) Favourable step	€ 27,800 Gross margin 2025: € 27,800 ▲ 80% vs 2024 (€ 15,426) Favourable step	▲ 80%
Profit after taxes	€ 7,624 Profit after taxes 2022: € 7,624 First fiscal year in the series	€ 6,018 Profit after taxes 2023: € 6,018 ▼ 21% vs 2022 (€ 7,624) Unfavourable step	€ 4,680 Profit after taxes 2024: € 4,680 ▼ 22% vs 2023 (€ 6,018) Unfavourable step	€ 9,689 Profit after taxes 2025: € 9,689 ▲ 107% vs 2024 (€ 4,680) Favourable step	▲ 107%
Equity	€ 17,759 Equity 2022: € 17,759 First fiscal year in the series	€ 23,778 Equity 2023: € 23,778 ▲ 34% vs 2022 (€ 17,759) Favourable step	€ 17,510 Equity 2024: € 17,510 ▼ 26% vs 2023 (€ 23,778) Unfavourable step	€ 27,199 Equity 2025: € 27,199 ▲ 55% vs 2024 (€ 17,510) Favourable step	▲ 55%
Total debts	€ 12,130 Total debts 2022: € 12,130 First fiscal year in the series	€ 9,124 Total debts 2023: € 9,124 ▼ 25% vs 2022 (€ 12,130) Favourable step	€ 43,973 Total debts 2024: € 43,973 ▲ € 34,849 vs 2023 (€ 9,124) Unfavourable step	€ 33,931 Total debts 2025: € 33,931 ▼ 23% vs 2024 (€ 43,973) Favourable step	▼ 23%
Cash	€ 18,257 Cash 2022: € 18,257 First fiscal year in the series	€ 14,362 Cash 2023: € 14,362 ▼ 21% vs 2022 (€ 18,257) Unfavourable step	€ 12,333 Cash 2024: € 12,333 ▼ 14% vs 2023 (€ 14,362) Unfavourable step	€ 20,634 Cash 2025: € 20,634 ▲ 67% vs 2024 (€ 12,333) Favourable step	▲ 67%
Retained profit	€ 11,559 Retained profit 2022: € 11,559 First fiscal year in the series	€ 17,578 Retained profit 2023: € 17,578 ▲ 52% vs 2022 (€ 11,559) Favourable step	€ 11,310 Retained profit 2024: € 11,310 ▼ 36% vs 2023 (€ 17,578) Unfavourable step	€ 20,999 Retained profit 2025: € 20,999 ▲ 86% vs 2024 (€ 11,310) Favourable step	▲ 86%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 10,947 Dividend 2024: € 10,947 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 10,947) Unchanged	▼ 100%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 22,596 Bank debt 2024: € 22,596 Unchanged (€ 0) Unfavourable step	€ 16,639 Bank debt 2025: € 16,639 ▼ 26% vs 2024 (€ 22,596) Favourable step	▼ 26%
Balance sheet total	€ 29,889 Balance sheet total 2022: € 29,889 First fiscal year in the series	€ 32,901 Balance sheet total 2023: € 32,901 ▲ 10% vs 2022 (€ 29,889) Unchanged	€ 61,483 Balance sheet total 2024: € 61,483 ▲ 87% vs 2023 (€ 32,901) Unchanged	€ 61,131 Balance sheet total 2025: € 61,131 ▼ 1% vs 2024 (€ 61,483) Unchanged	▼ 1%

Key figures of Tim Paesen, 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 July 2027.

What happened to Tim Paesen?

What happened at Tim Paesen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 23, 2026 New annual accounts for financial year 2025: profit of € 9,689 (▲ 107% vs 2024). Source: NBB ↗
Jan 22, 2010 New establishment in Bree. KBO
Jan 22, 2010 Start of the company according to the CBE. KBO

In short

From € 7,624 profit in 2022 to € 9,689 profit in 2025.

Paid € 6,769 in corporate taxes since 2022.

Best year ever: 2025, with € 9,689 profit.

Paid out € 10,947 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Tim Paesen

Behind Tim Paesen is Tim Paesen.

Directors

According to the 2025 annual accounts

Tim Paesen

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Barrierstraat 11

3960 Bree

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0822.513.577
VAT number: BE 0822.513.577
Registered office: Barrierstraat 11, 3960 Bree
Names & denominations: Tim Paesen
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 22 January 2010
Peppol: Active · Active since 15 Dec 2025
Activities · NACE: Cafés en bars

View on CBE Public ↗ Annual accounts (NBB) ↗

Tim Paesen

Financials

What happened to Tim Paesen?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions