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 (31 October 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.

Who are the directors of TIM GROUP?

According to the 2025 annual accounts, the directors of TIM GROUP are: Hristian Ivanov Ivanov, Nikolay Atanasov, Ivan Tsankov.

Is TIM GROUP a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 March 2012; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did TIM GROUP make in 2025?

TIM GROUP recorded a loss after taxes of € 58,908 in financial year 2025.

What is the revenue of TIM GROUP?

As a small company, TIM GROUP is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -47,487.

TIM GROUP (Private Limited) - Ukkel - BE0844180805

Dossier TIM GROUP, printed on 31 October 2026 from databakkes.be/en/0844180805/tim-group. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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

108 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.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 116,032 Gross margin 2022: € 116,032 First fiscal year in the series	€ 276,619 Gross margin 2023: € 276,619 ▲ 138% vs 2022 (€ 116,032) Favourable step	€ -50,398 Gross margin 2024: € -50,398 ▼ € 327,017 vs 2023 (€ 276,619) Unfavourable step	€ -47,487 Gross margin 2025: € -47,487 ▲ € 2,911 vs 2024 (€ -50,398) Favourable step	▲ € 2,911
Profit after taxes	€ 96,780 Profit after taxes 2022: € 96,780 First fiscal year in the series	€ 186,634 Profit after taxes 2023: € 186,634 ▲ 93% vs 2022 (€ 96,780) Favourable step	€ -64,490 Profit after taxes 2024: € -64,490 ▼ € 251,124 vs 2023 (€ 186,634) Unfavourable step	€ -58,908 Profit after taxes 2025: € -58,908 ▲ € 5,582 vs 2024 (€ -64,490) Favourable step	▲ € 5,582
Equity	€ 36,205 Equity 2022: € 36,205 First fiscal year in the series	€ 222,839 Equity 2023: € 222,839 ▲ € 186,634 vs 2022 (€ 36,205) Favourable step	€ 158,348 Equity 2024: € 158,348 ▼ 29% vs 2023 (€ 222,839) Unfavourable step	€ 99,439 Equity 2025: € 99,439 ▼ 37% vs 2024 (€ 158,348) Unfavourable step	▼ 37%
Total debts	€ 86,587 Total debts 2022: € 86,587 First fiscal year in the series	€ 185,806 Total debts 2023: € 185,806 ▲ 115% vs 2022 (€ 86,587) Unfavourable step	€ 129,262 Total debts 2024: € 129,262 ▼ 30% vs 2023 (€ 185,806) Favourable step	€ 74,844 Total debts 2025: € 74,844 ▼ 42% vs 2024 (€ 129,262) Favourable step	▼ 42%
Cash	€ 5,402 Cash 2022: € 5,402 First fiscal year in the series	€ 8,896 Cash 2023: € 8,896 ▲ 65% vs 2022 (€ 5,402) Favourable step	€ 93,339 Cash 2024: € 93,339 ▲ € 84,443 vs 2023 (€ 8,896) Favourable step	€ 22,532 Cash 2025: € 22,532 ▼ 76% vs 2024 (€ 93,339) Unfavourable step	▼ 76%
Retained profit	€ 30,005 Retained profit 2022: € 30,005 First fiscal year in the series	€ 216,639 Retained profit 2023: € 216,639 ▲ € 186,634 vs 2022 (€ 30,005) Favourable step	€ 152,148 Retained profit 2024: € 152,148 ▼ 30% vs 2023 (€ 216,639) Unfavourable step	€ 93,239 Retained profit 2025: € 93,239 ▼ 39% vs 2024 (€ 152,148) Unfavourable step	▼ 39%
Balance sheet total	€ 122,792 Balance sheet total 2022: € 122,792 First fiscal year in the series	€ 408,645 Balance sheet total 2023: € 408,645 ▲ 233% vs 2022 (€ 122,792) Unchanged	€ 287,610 Balance sheet total 2024: € 287,610 ▼ 30% vs 2023 (€ 408,645) Unchanged	€ 174,283 Balance sheet total 2025: € 174,283 ▼ 39% vs 2024 (€ 287,610) Unchanged	▼ 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:

Jun 26, 2026 New annual accounts for financial year 2025: loss of € 58,908. Source: NBB ↗
May 6, 2021 New establishment in Halle. KBO
2021 Hristian Ivanov Ivanov became a director. NBB
2021 Nikolay Atanasov became a director. NBB
2021 Ivan Tsankov became a director. NBB
Mar 6, 2012 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.

Original PDFs at the National Bank ↗

Management

Hristian Ivanov Ivanov Nikolay Atanasov Ivan Tsankov

TRIO INVEST

TIM GROUP

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

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

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 108 companies are registered at this address.

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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

Algemene bouw van andere niet-residentiële gebouwen

Overige gespecialiseerde bouwactiviteiten, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

TIM GROUP

Warning lights

Financials

What happened to TIM GROUP?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions