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.
€ 215,013
▲ 26% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 57,521
▲ € 52,501 vs 2023
Profit after tax over the fiscal year.
€ 95,500
▼ 16% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 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
0
Average over the fiscal year, from the social balance sheet.
€ 31,295
▼ 27% vs 2023
Of which on lease € 31,295.
Debts at end 2024
€ 32,026
▼ 26% vs 2023
€ 11,389 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 21,017
▼ 81% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 60,893
▲ 254% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 30,473 | € 69,747 | € 25,554 | € 103,336 | ▲ € 77,782 |
| Profit after taxes | € 16,553 | € 42,655 | € 5,020 | € 57,521 | ▲ € 52,501 |
| Equity | € 131,496 | € 165,880 | € 170,900 | € 215,013 | ▲ 26% |
| Total debts | € 65,583 | € 190,940 | € 193,807 | € 150,315 | ▼ 22% |
| Cash | € 24,127 | € 31,755 | € 114,017 | € 95,500 | ▼ 16% |
| Retained profit | € 81,496 | € 115,880 | € 120,900 | € 165,013 | ▲ 36% |
| Dividend | € 0 | € 8,271 | € 0 | € 13,409 | |
| Bank debt | € 2,181 | € 53,959 | € 43,131 | € 32,026 | ▼ 26% |
| Balance sheet total | € 197,079 | € 356,820 | € 364,708 | € 365,328 | |
| Employees (FTE) | 0.1 | 0.1 | - | 0 |
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:
- New establishment in Lochristi. KBO
- New annual accounts for financial year 2024: profit of € 57,521 (▲ € 52,501 vs 2023). filed late Source: NBB ↗
- New establishment in Destelbergen. KBO
- New establishment in Destelbergen. KBO
- 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.
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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
The stake of VINOLAND comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TIME 2 WINEBehind TIME 2 WINE are Kevin De Vriese and Christophe Matthijs. The shares are held by VINOLAND (50%).
Directors
According to the 2024 annual accounts
Christophe Matthijs
Director
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Veldekensstraat 12
9070 Destelbergen
Dendermondesteenweg 336
9070 Destelbergen
Active since 2 February 2015
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