Financials
Financial year 2025
TIMUCOL from Tienen, company number BE0890243135, closed financial year 2025 with a result of € 87,895 after tax. For that financial year TIMUCOL recorded a gross margin of € 205,592 and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 47,876 to € 87,895. 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 July 31, 2026.
€ 2.2 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 87,895
▲ 84% vs 2024
Profit after tax over the fiscal year.
€ 84,457
▲ 12% 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 € 1.8 million.
People and assets in 2025
€ 43,646
▲ 203% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 128,309
▼ 17% vs 2024
€ 17,924 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 11,330
▲ 109% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,315
▲ 123% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 81,533 | € 158,344 | € 138,893 | € 205,592 | ▲ 48% |
| Profit after taxes | € 15,014 | € 63,452 | € 47,876 | € 87,895 | ▲ 84% |
| Equity | € 2,045,246 | € 2,108,698 | € 2,156,574 | € 2,244,469 | ▲ 4% |
| Total debts | € 715,233 | € 658,629 | € 597,008 | € 527,471 | ▼ 12% |
| Cash | € 4,458 | € 23,313 | € 75,730 | € 84,457 | ▲ 12% |
| Land & buildings | € 616,160 | € 444,376 | € 406,391 | € 368,406 | ▼ 9% |
| Retained profit | € 1,635,246 | € 1,698,698 | € 1,746,574 | € 1,834,469 | ▲ 5% |
| Bank debt | € 224,428 | € 187,150 | € 153,958 | € 128,309 | ▼ 17% |
| Balance sheet total | € 2,760,479 | € 2,767,327 | € 2,753,582 | € 2,771,940 | ▲ 1% |
Key figures of TIMUCOL, 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 TIMUCOL?
What happened at TIMUCOL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 87,895 (▲ 84% vs 2024). Source: NBB ↗
- New establishment in Tienen. KBO
- OLIVIER VAN MULLEM became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 15,014 profit in 2022 to € 87,895 profit in 2025.
Paid € 108,677 in corporate taxes since 2022.
Best year ever: 2025, with € 87,895 profit.
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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 TIMUCOL is OLIVIER VAN MULLEM. It owns 26.6% of Autobussen P. Van Mullem itself.
Directors
According to the 2025 annual accounts
OLIVIER VAN MULLEM
bestuurder
Also active at: Autobussen P. Van Mullem, VAN MULLEM en Zonen, ATLAS VOYAGES - ATLAS CARS, DE VLINDER, Autocars Bergkoning, DEMERSTEE, HENDRIKS, Vlaamse Raad van Autobus- en Autocarondernemers en van reisorganisatoren
since 2007
Establishments
Establishment units
Physical locations of this company
Grote Markt 14
3300 Tienen
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
- 0890.243.135
- VAT number
- BE 0890.243.135
- Registered office
- Grote Markt 14, 3300 Tienen
- Names & denominations
- TIMUCOL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 2007
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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