Financials
Financial year 2025
TIMWORK from Antwerpen, company number BE0844904840, closed financial year 2025 with a result of € 2,553 after tax. For that financial year TIMWORK recorded a gross margin of € 21,386 and equity of € 155,282. Compared with financial year 2024, the result moved from € -4,944 to € 2,553. 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 August 28, 2026.
€ 155,282
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,553
▲ still € 4,944 loss in 2024
Profit after tax over the fiscal year.
€ 79,444
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 149,082.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,624
▲ 4% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 580
▼ 91% 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.
€ 5,246
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,382
▲ 41% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,075 | € 53,025 | € 17,429 | € 21,386 | ▲ 23% |
| Profit after taxes | € -20,000 | € 24,015 | € -4,944 | € 2,553 | ▲ € 7,497 |
| Equity | € 133,657 | € 157,673 | € 152,729 | € 155,282 | ▲ 2% |
| Total debts | € 45,216 | € 116,318 | € 113,706 | € 107,375 | ▼ 6% |
| Cash | € 19,388 | € 34,555 | € 64,191 | € 79,444 | ▲ 24% |
| Land & buildings | - | - | € 13,358 | € 12,014 | ▼ 10% |
| Retained profit | € 127,457 | € 151,473 | € 146,529 | € 149,082 | ▲ 2% |
| Bank debt | € 8,408 | € 4,563 | € 661 | € 0 | ▼ 100% |
| Balance sheet total | € 178,873 | € 273,991 | € 266,434 | € 262,658 | ▼ 1% |
Key figures of TIMWORK, 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 TIMWORK?
What happened at TIMWORK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,553. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,000 loss in 2022 to € 2,553 profit in 2025.
Paid € 7,658 in corporate taxes since 2022.
Best year ever: 2023, with € 24,015 profit.
A new publication or filing at TIMWORK? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
TIM SOMERS
Director
Establishments
Establishment units
Physical locations of this company
Eugeen Verelstlei 38 box 2
2150 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0844.904.840
- VAT number
- BE 0844.904.840
- Registered office
- Eugeen Verelstlei 38 bus 2, 2150 Antwerpen
- Names & denominations
- TIMWORK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2012
- Peppol
- Active · Active since 11 Mar 2026
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Sanitaire werkzaamheden