Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TIMO SALES from Antwerpen, company number BE0880970331, closed financial year 2025 with a result of € 147,538 after tax. For that financial year TIMO SALES recorded a gross margin of € 60,700 and equity of € 708,968. Compared with financial year 2024, the result moved from € 163,751 to € 147,538. 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 June 12, 2026.
€ 708,968
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 147,538
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 93,050
▼ 61% 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 € 707,868.
People and assets in 2025
€ 10,313
▲ 126% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 433,764
▼ 22% vs 2024
€ 137,004 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 61,036
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,990
▲ 158% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 21,041 | € 83,186 | € 93,724 | € 60,700 | ▼ 35% |
| Profit after taxes | € 133,082 | € 259,707 | € 163,751 | € 147,538 | ▼ 10% |
| Equity | € 367,514 | € 570,679 | € 721,430 | € 708,968 | ▼ 2% |
| Total debts | € 867,051 | € 780,589 | € 616,841 | € 521,790 | ▼ 15% |
| Cash | € 97,722 | € 213,548 | € 238,482 | € 93,050 | ▼ 61% |
| Land & buildings | € 360,285 | € 332,495 | € 302,425 | € 273,759 | ▼ 9% |
| Retained profit | € 348,914 | € 569,579 | € 720,330 | € 707,868 | ▼ 2% |
| Dividend | € 0 | € 44,830 | € 0 | € 0 | |
| Bank debt | € 848,617 | € 708,067 | € 554,634 | € 433,764 | ▼ 22% |
| Balance sheet total | € 1,234,564 | € 1,351,268 | € 1,338,271 | € 1,230,757 | ▼ 8% |
Key figures of TIMO SALES, 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 TIMO SALES?
What happened at TIMO SALES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 147,538 (▼ 10% vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 133,082 profit in 2022 to € 147,538 profit in 2025.
Paid € 88,826 in corporate taxes since 2022.
Best year ever: 2023, with € 259,707 profit.
Paid out € 44,830 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
Behind TIMO SALES is Timothy Decock. It owns 50% of Renozen BV itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Pacificatiestraat 58
2000 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
- 0880.970.331
- VAT number
- BE 0880.970.331
- Registered office
- Pacificatiestraat 58, 2000 Antwerpen
- Names & denominations
- TIMO SALES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 2006
- Peppol
- Active · Active since 2 Jul 2025
- Activities · NACE
Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
Handelsbemiddeling in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen