Financials
Financial year 2025
TIMMCO from Scherpenheuvel-Zichem, company number BE0888513367, closed financial year 2025 with a result of € 101,303 after tax. For that financial year TIMMCO recorded a gross margin of € 648,090 and equity of € 751,718. Compared with financial year 2024, the result moved from € 55,329 to € 101,303. Profitable, and profit is growing. 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 30, 2026.
€ 751,718
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 101,303
▲ 83% vs 2024
Profit after tax over the fiscal year.
€ 346,260
▲ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 110,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
11.9
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 469,982
▼ 8% vs 2024
€ 39,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,815
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 74,741
▲ 82% vs 2024
Loans from banks and other lenders, long and short.
€ 351,953
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 90,734
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 482,660 | € 508,501 | € 637,810 | € 648,090 | ▲ 2% |
| Profit after taxes | € 5,267 | € -39,960 | € 55,329 | € 101,303 | ▲ 83% |
| Equity | € 795,045 | € 755,086 | € 760,415 | € 751,718 | ▼ 1% |
| Total debts | € 461,970 | € 487,393 | € 476,500 | € 627,428 | ▲ 32% |
| Cash | € 74,208 | € 237,351 | € 228,930 | € 346,260 | ▲ 51% |
| Land & buildings | € 85,206 | € 72,775 | € 60,344 | € 72,994 | ▲ 21% |
| Retained profit | € 570,045 | € 530,086 | € 535,415 | € 526,718 | ▼ 2% |
| Dividend | € 0 | € 0 | € 50,000 | € 110,000 | ▲ 120% |
| Bank debt | € 13,750 | € 25,667 | € 41,047 | € 74,741 | ▲ 82% |
| Balance sheet total | € 1,257,015 | € 1,242,478 | € 1,236,914 | € 1,379,146 | ▲ 11% |
| Employees (FTE) | 12.2 | 0 | 12.4 | 11.9 | ▼ 0.5 |
Key figures of TIMMCO, 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 TIMMCO?
What happened at TIMMCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 101,303 (▲ 83% vs 2024). Source: NBB ↗
- ELLMI BV became a director. NBB
- New establishment in Tielt-Winge. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,267 profit in 2022 to € 101,303 profit in 2025.
Paid € 72,404 in corporate taxes since 2022.
Best year ever: 2025, with € 101,303 profit.
On average € 54,500 of value added per employee in 2025.
A new publication or filing at TIMMCO? 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
The stake of CAMARCA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TIMMCOBehind TIMMCO is ELLMI BV. The shares are held by CAMARCA (100%).
Establishments
Establishment units
Physical locations of this company
Groenstraat(S) 49
3270 Scherpenheuvel-Zichem
Gouden Kruispunt Z/N
3390 Tielt-Winge
Active since 1 May 2007
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
- 0888.513.367
- VAT number
- BE 0888.513.367
- Registered office
- Groenstraat(S) 49, 3270 Scherpenheuvel-Zichem
- Names & denominations
- TIMMCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 2007
- Peppol
- Active · Active since 6 Nov 2025
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.
Detailhandel in verlichtingsartikelen
Detailhandel in artikelen voor verlichting en woninginrichting
Detailhandel in verlichtingsartikelen in gespecialiseerde winkels