What does TIME 2 WINE do?

TIME 2 WINE is a beverage shop in Destelbergen. Private Limited, started on 31 January 2011, 3 establishments.

What is the address of TIME 2 WINE?

The registered office of TIME 2 WINE is located at Veldekensstraat 12, 9070 Destelbergen.

Is TIME 2 WINE still active?

Yes. According to the CBE (29 October 2026) TIME 2 WINE is active, legal situation “Normale toestand”, started on 31 January 2011.

Is TIME 2 WINE registered on Peppol?

Yes, TIME 2 WINE is registered on the Peppol network with ID 0208:0833296811.

What is the enterprise number of TIME 2 WINE?

The enterprise number of TIME 2 WINE is BE0833296811.

When was TIME 2 WINE founded?

TIME 2 WINE was founded on 31 January 2011.

Who are the directors of TIME 2 WINE?

According to the 2024 annual accounts, the directors of TIME 2 WINE are: Kevin De Vriese, Christophe Matthijs.

Is TIME 2 WINE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 January 2011; 4 annual accounts filed, latest fiscal year 2024; 2 directors known from the annual account; 3 establishments in the CBE.

How much profit did TIME 2 WINE make in 2024?

TIME 2 WINE posted a profit after taxes of € 57,521 in financial year 2024.

What is the revenue of TIME 2 WINE?

As a small company, TIME 2 WINE is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 103,336.

How many employees does TIME 2 WINE have?

According to the 2024 annual accounts, TIME 2 WINE has 0 full-time equivalents (FTE).

TIME 2 WINE (Private Limited) - Destelbergen

Dossier TIME 2 WINE, printed on 29 October 2026 from databakkes.be/en/0833296811/time-2-wine. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

TIME 2 WINE from Destelbergen, company number BE0833296811, closed financial year 2024 with a result of € 57,521 after tax. For that financial year TIME 2 WINE recorded a gross margin of € 103,336 and equity of € 215,013. Compared with financial year 2023, the result moved from € 5,020 to € 57,521. 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 October 10, 2025.

What it is worth Growing

€ 215,013

▲ 26% vs 2023

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

Profit Growing

€ 57,521

▲ € 52,501 vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 95,500

▼ 16% vs 2023

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

Where the profit goes Pays out

€ 13,409 paid out

23 % of the profit went to the shareholders, mostly to VINOLAND (50 % of the shares). That is where the money ends up.

People and assets in 2024

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Vehicles and equipment

€ 31,295

▼ 27% vs 2023

Of which on lease € 31,295.

Debts at end 2024

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.

€ 32,026

▼ 26% vs 2023

€ 11,389 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 21,017

▼ 81% vs 2023

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

Taxes

€ 60,893

▲ 254% vs 2023

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)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 30,473 Gross margin 2021: € 30,473 First fiscal year in the series	€ 69,747 Gross margin 2022: € 69,747 ▲ 129% vs 2021 (€ 30,473) Favourable step	€ 25,554 Gross margin 2023: € 25,554 ▼ 63% vs 2022 (€ 69,747) Unfavourable step	€ 103,336 Gross margin 2024: € 103,336 ▲ € 77,782 vs 2023 (€ 25,554) Favourable step	▲ € 77,782
Profit after taxes	€ 16,553 Profit after taxes 2021: € 16,553 First fiscal year in the series	€ 42,655 Profit after taxes 2022: € 42,655 ▲ 158% vs 2021 (€ 16,553) Favourable step	€ 5,020 Profit after taxes 2023: € 5,020 ▼ 88% vs 2022 (€ 42,655) Unfavourable step	€ 57,521 Profit after taxes 2024: € 57,521 ▲ € 52,501 vs 2023 (€ 5,020) Favourable step	▲ € 52,501
Equity	€ 131,496 Equity 2021: € 131,496 First fiscal year in the series	€ 165,880 Equity 2022: € 165,880 ▲ 26% vs 2021 (€ 131,496) Favourable step	€ 170,900 Equity 2023: € 170,900 ▲ 3% vs 2022 (€ 165,880) Favourable step	€ 215,013 Equity 2024: € 215,013 ▲ 26% vs 2023 (€ 170,900) Favourable step	▲ 26%
Total debts	€ 65,583 Total debts 2021: € 65,583 First fiscal year in the series	€ 190,940 Total debts 2022: € 190,940 ▲ 191% vs 2021 (€ 65,583) Unfavourable step	€ 193,807 Total debts 2023: € 193,807 ▲ 2% vs 2022 (€ 190,940) Unfavourable step	€ 150,315 Total debts 2024: € 150,315 ▼ 22% vs 2023 (€ 193,807) Favourable step	▼ 22%
Cash	€ 24,127 Cash 2021: € 24,127 First fiscal year in the series	€ 31,755 Cash 2022: € 31,755 ▲ 32% vs 2021 (€ 24,127) Favourable step	€ 114,017 Cash 2023: € 114,017 ▲ 259% vs 2022 (€ 31,755) Favourable step	€ 95,500 Cash 2024: € 95,500 ▼ 16% vs 2023 (€ 114,017) Unfavourable step	▼ 16%
Retained profit	€ 81,496 Retained profit 2021: € 81,496 First fiscal year in the series	€ 115,880 Retained profit 2022: € 115,880 ▲ 42% vs 2021 (€ 81,496) Favourable step	€ 120,900 Retained profit 2023: € 120,900 ▲ 4% vs 2022 (€ 115,880) Favourable step	€ 165,013 Retained profit 2024: € 165,013 ▲ 36% vs 2023 (€ 120,900) Favourable step	▲ 36%
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 8,271 Dividend 2022: € 8,271 Unchanged (€ 0) Unchanged	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 8,271) Unchanged	€ 13,409 Dividend 2024: € 13,409 Unchanged (€ 0) Unchanged
Bank debt	€ 2,181 Bank debt 2021: € 2,181 First fiscal year in the series	€ 53,959 Bank debt 2022: € 53,959 ▲ € 51,778 vs 2021 (€ 2,181) Unfavourable step	€ 43,131 Bank debt 2023: € 43,131 ▼ 20% vs 2022 (€ 53,959) Favourable step	€ 32,026 Bank debt 2024: € 32,026 ▼ 26% vs 2023 (€ 43,131) Favourable step	▼ 26%
Balance sheet total	€ 197,079 Balance sheet total 2021: € 197,079 First fiscal year in the series	€ 356,820 Balance sheet total 2022: € 356,820 ▲ 81% vs 2021 (€ 197,079) Unchanged	€ 364,708 Balance sheet total 2023: € 364,708 ▲ 2% vs 2022 (€ 356,820) Unchanged	€ 365,328 Balance sheet total 2024: € 365,328 Unchanged (€ 364,708) Unchanged
Employees (FTE)	0.1 Employees (FTE) 2021: 0.1 First fiscal year in the series	0.1 Employees (FTE) 2022: 0.1 Unchanged (0.1) Unchanged	-	0 Employees (FTE) 2024: 0 First fiscal year in the series

Key figures of TIME 2 WINE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to TIME 2 WINE?

What happened at TIME 2 WINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Dec 1, 2025 New establishment in Lochristi. KBO
Oct 10, 2025 New annual accounts for financial year 2024: profit of € 57,521 (▲ € 52,501 vs 2023). filed late Source: NBB ↗
Feb 2, 2015 New establishment in Destelbergen. KBO
Jan 31, 2011 New establishment in Destelbergen. KBO
Jan 31, 2011 Start of the company according to the CBE. KBO

In short

From € 16,553 profit in 2021 to € 57,521 profit in 2024.

Paid € 54,157 in corporate taxes since 2021.

Best year ever: 2024, with € 57,521 profit.

Paid out € 21,679 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

VINOLAND 50%

The stake of VINOLAND comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

TIME 2 WINE

Behind TIME 2 WINE are Kevin De Vriese and Christophe Matthijs. The shares are held by VINOLAND (50%).

Directors

According to the 2024 annual accounts

Kevin De Vriese

Director

Also active at: MEESEN CHARLOTTE

Christophe Matthijs

Director

Shareholders

VINOLAND

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Veldekensstraat 12

9070 Destelbergen

2.239.242.426

Dendermondesteenweg 336

9070 Destelbergen

Active since 2 February 2015

2.380.652.786

Antwerpse Steenweg 35

9080 Lochristi

Active since 1 December 2025

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

Details

Company number

0833.296.811

VAT number

BE 0833.296.811

Registered office

Veldekensstraat 12, 9070 Destelbergen

Names & denominations

TIME 2 WINE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

31 January 2011

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Detailhandel in wijnen en geestrijke dranken

Groothandel in wijnen en geestrijke dranken

Groothandel in dranken, algemeen assortiment

Detailhandel in dranken, algemeen assortiment

View on CBE Public ↗ Annual accounts (NBB) ↗

TIME 2 WINE

Financials

What happened to TIME 2 WINE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions