Active · per the CBE, 16 September 2026

TIM GROUP

BE0844180805

Rechtspersoon Private limited company 1 establishment

TIM GROUP is a construction company in Ukkel. Private Limited, started on 6 March 2012, 1 establishment.

Kersbeeklaan 308, 1180 Ukkel

Behind the company: Hristian Ivanov Ivanov, Nikolay Atanasov, Ivan Tsankov.

Active for

14 year, 6 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Busy address KBO

    102 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

TIM GROUP from Ukkel, company number BE0844180805, closed financial year 2025 with a result of € -58,908 after tax. For that financial year TIM GROUP recorded a gross margin of € -47,487 and equity of € 99,439. Compared with financial year 2024, the result moved from € -64,490 to € -58,908. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.

What it is worth Healthy

€ 99,439

▼ 37% vs 2024

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

Loss Caution

€ -58,908

▲ 9 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 22,532

▼ 76% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 93,239.

People and assets in 2025

Vehicles and equipment

€ 2,888

▼ 76% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 665

▲ € 609 vs 2024

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

Wages and social charges

€ 65,128

▼ 46% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 116,032 € 276,619 € -50,398 € -47,487 ▲ € 2,911
Profit after taxes € 96,780 € 186,634 € -64,490 € -58,908 ▲ € 5,582
Equity € 36,205 € 222,839 € 158,348 € 99,439 ▼ 37%
Total debts € 86,587 € 185,806 € 129,262 € 74,844 ▼ 42%
Cash € 5,402 € 8,896 € 93,339 € 22,532 ▼ 76%
Retained profit € 30,005 € 216,639 € 152,148 € 93,239 ▼ 39%
Balance sheet total € 122,792 € 408,645 € 287,610 € 174,283 ▼ 39%

Key figures of TIM GROUP, 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 GROUP?

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

  • New annual accounts for financial year 2025: loss of € 58,908. Source: NBB ↗
  • New establishment in Halle. KBO
  • Hristian Ivanov Ivanov became a director. NBB
  • Nikolay Atanasov became a director. NBB
  • Ivan Tsankov became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 96,780 profit in 2022 to € 58,908 loss in 2025.

Paid € 84,732 in corporate taxes since 2022.

Best year ever: 2023, with € 186,634 profit.

Management

Hristian Ivanov Ivanov Nikolay Atanasov Ivan Tsankov
TIM GROUP

Behind TIM GROUP are Hristian Ivanov Ivanov, Nikolay Atanasov and Ivan Tsankov. Hristian Ivanov Ivanov is also behind TRIO INVEST.

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Directors

According to the 2025 annual accounts

Hristian Ivanov Ivanov

Director

Also active at: TRIO INVEST

since 2021

Nikolay Atanasov

Director

since 2021

Ivan Tsankov

Director

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Kersbeeklaan 308

1180 Ukkel

2.327.189.851

Biezeweide 76

1500 Halle

Active since 6 May 2021

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

Details

Company number
0844.180.805
VAT number
BE 0844.180.805
Registered office
Kersbeeklaan 308, 1180 Ukkel
Names & denominations
TIM GROUP
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
6 March 2012
Peppol
Active · Active since 31 Dec 2025
Activities · NACE

Algemene bouw van residentiële gebouwen

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Frequently asked questions

What does TIM GROUP do?
TIM GROUP is a construction company in Ukkel. Private Limited, started on 6 March 2012, 1 establishment.
What is the address of TIM GROUP?
The registered office of TIM GROUP is located at Kersbeeklaan 308, 1180 Ukkel.
Is TIM GROUP still active?
Yes. According to the CBE (16 September 2026) TIM GROUP is active, legal situation “Normale toestand”, started on 6 March 2012.
Is TIM GROUP registered on Peppol?
Yes, TIM GROUP is registered on the Peppol network with ID 0208:0844180805.
What is the enterprise number of TIM GROUP?
The enterprise number of TIM GROUP is BE0844180805.
When was TIM GROUP founded?
TIM GROUP was founded on 6 March 2012.