Financials
Financial year 2025
TIMOTHY VOORSPOELS from Deinze, company number BE0828374357, closed financial year 2025 with a result of € 144,302 after tax. For that financial year TIMOTHY VOORSPOELS recorded a gross margin of € 224,996 and equity of € 348,065. Compared with financial year 2024, the result moved from € 30,679 to € 144,302. 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 January 7, 2026.
€ 348,065
▲ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 144,302
▲ € 113,623 vs 2024
Profit after tax over the fiscal year.
€ 310,915
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 24,148 paid out
17 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 15,102
▼ 43% 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.
€ 2,421
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,339
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 76,745 | € 84,015 | € 85,460 | € 224,996 | ▲ 163% |
| Profit after taxes | € 30,346 | € 33,640 | € 30,679 | € 144,302 | ▲ € 113,623 |
| Equity | € 204,262 | € 217,208 | € 227,911 | € 348,065 | ▲ 53% |
| Total debts | € 282,553 | € 303,823 | € 337,531 | € 17,405 | ▼ 95% |
| Cash | € 195,322 | € 236,839 | € 268,831 | € 310,915 | ▲ 16% |
| Land & buildings | € 210,013 | € 201,150 | € 192,288 | - | |
| Retained profit | € 185,662 | € 198,608 | € 209,311 | € 329,465 | ▲ 57% |
| Dividend | € 64,067 | € 20,695 | € 19,976 | € 24,148 | ▲ 21% |
| Bank debt | € 40,000 | € 30,000 | € 30,000 | € 0 | ▼ 100% |
| Balance sheet total | € 486,816 | € 521,031 | € 565,442 | € 365,470 | ▼ 35% |
Key figures of TIMOTHY VOORSPOELS, 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.
What happened to TIMOTHY VOORSPOELS?
What happened at TIMOTHY VOORSPOELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 144,302 (▲ € 113,623 vs 2024). Source: NBB ↗
- Elke Decrock became a director. NBB
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
- Timothy Voorspoels became a director. NBB
In short
From € 30,346 profit in 2022 to € 144,302 profit in 2025.
Paid € 102,152 in corporate taxes since 2022.
Best year ever: 2025, with € 144,302 profit.
Paid out € 128,887 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 TIMOTHY VOORSPOELS are Timothy Voorspoels and Elke Decrock.
Directors
According to the 2025 annual accounts
Timothy Voorspoels
Director
since 2010
Elke Decrock
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Houtkantlaan 21
9800 Deinze
Landweg 35
9800 Deinze
Active since 9 August 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0828.374.357
- VAT number
- BE 0828.374.357
- Registered office
- Houtkantlaan 21, 9800 Deinze
- Names & denominations
- TIMOTHY VOORSPOELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 August 2010
- Peppol
- Active · Active since 31 Aug 2023
- Activities · NACE
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