Financials
Financial year 2025
HOEFMAN TIM from Gavere, company number BE0878222261, closed financial year 2025 with a result of € 62,001 after tax. For that financial year HOEFMAN TIM recorded a gross margin of € 190,490 and equity of € 706,159. Compared with financial year 2024, the result moved from € 120,599 to € 62,001. The company is profitable. 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 April 28, 2026.
€ 706,159
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,001
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 494,685
▲ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 258,274 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0.8
Average over the fiscal year, from the social balance sheet.
€ 52,456
▲ 6% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 50,873
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 760,133
▲ € 701,911 vs 2024
€ 13,098 is repaid this year. At this pace the long-term loan is gone in ≈ 57 years.
€ 64,908
▲ € 51,570 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,805
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 290,882 | € 260,782 | € 249,601 | € 190,490 | ▼ 24% |
| Profit after taxes | € 114,615 | € 116,660 | € 120,599 | € 62,001 | ▼ 49% |
| Equity | € 665,173 | € 781,833 | € 902,432 | € 706,159 | ▼ 22% |
| Total debts | € 434,710 | € 112,040 | € 84,784 | € 1,093,120 | ▲ € 1 million |
| Cash | € 405,549 | € 280,225 | € 340,892 | € 494,685 | ▲ 45% |
| Land & buildings | € 96 | € 96 | - | - | |
| Retained profit | € 648,573 | € 765,233 | € 885,832 | € 689,559 | ▼ 22% |
| Dividend | € 0 | € 0 | € 0 | € 258,274 | |
| Bank debt | € 348,382 | € 76,038 | € 58,222 | € 760,133 | ▲ € 701,911 |
| Balance sheet total | € 1,109,883 | € 903,873 | € 997,216 | € 1,809,279 | ▲ 81% |
| Employees (FTE) | - | - | 0.8 | 0.8 |
Key figures of HOEFMAN TIM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to HOEFMAN TIM?
What happened at HOEFMAN TIM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 62,001 (▼ 49% vs 2024). Source: NBB ↗
- New establishment in Gavere. KBO
- Start of the company according to the CBE. KBO
In short
From € 114,615 profit in 2022 to € 62,001 profit in 2025.
Paid € 167,789 in corporate taxes since 2022.
Best year ever: 2024, with € 120,599 profit.
Paid out € 258,274 in dividends to the owners in total.
Management
Behind HOEFMAN TIM is Tim Hoefman. Tim Hoefman is also behind A.T.H.Constructions.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Hundelgemsesteenweg 116
9890 Gavere
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0878.222.261
- VAT number
- BE 0878.222.261
- Registered office
- Hundelgemsesteenweg 116, 9890 Gavere
- Names & denominations
- HOEFMAN TIM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2005
- Peppol
- Active · Active since 30 Aug 2023
- Activities · NACE
Sanitaire werkzaamheden
Overig loodgieterswerk