Financials
Financial year 2025
TIMEX from Ukkel, company number BE0894442443, closed financial year 2025 with a result of € -66,578 after tax. For that financial year TIMEX recorded a gross margin of € 340,914 and equity of € 440,097. Compared with financial year 2024, the result moved from € 81,786 to € -66,578. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 23, 2026.
€ 440,097
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -66,578
▼ still € 81,786 profit in 2024
Profit after tax over the fiscal year.
€ 37,237
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 390,097.
People and assets in 2025
€ 132,720
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 95,441
▼ 19% vs 2024
€ 21,809 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 206,659
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 250,404
▼ 11% 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 | € 249,956 | € 418,242 | € 326,089 | € 340,914 | ▲ 5% |
| Profit after taxes | € 38,359 | € 100,457 | € 81,786 | € -66,578 | ▼ € 148,364 |
| Equity | € 324,432 | € 424,889 | € 506,675 | € 440,097 | ▼ 13% |
| Total debts | € 894,446 | € 924,510 | € 759,093 | € 963,587 | ▲ 27% |
| Cash | € 18,368 | € 46,213 | € 54,490 | € 37,237 | ▼ 32% |
| Land & buildings | € 127,565 | € 114,638 | € 101,710 | € 88,783 | ▼ 13% |
| Retained profit | € 274,432 | € 374,889 | € 456,675 | € 390,097 | ▼ 15% |
| Bank debt | € 370,044 | € 137,826 | € 117,716 | € 95,441 | ▼ 19% |
| Balance sheet total | € 1,218,878 | € 1,349,399 | € 1,265,768 | € 1,403,684 | ▲ 11% |
| Employees (FTE) | 0.9 | 2 | - | - |
Key figures of TIMEX, 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 TIMEX?
What happened at TIMEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 66,578 (▼ € 148,364 vs 2024). filed late Source: NBB ↗
- New establishment in Tubize. KBO
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
- ILDAR TIMASHEV became a director. NBB
In short
From € 38,359 profit in 2022 to € 66,578 loss in 2025.
Paid € 312,771 in corporate taxes since 2022.
Best year ever: 2023, with € 100,457 profit.
On average € 209,100 of value added per employee in 2023.
A new publication or filing at TIMEX? 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
ILDAR TIMASHEV
Director
since 2007
Establishments
Establishment units
Physical locations of this company
François Folielaan 26 box 12
1180 Ukkel
François Folielaan 26
1180 Ukkel
Active since 14 January 2008
Rue François Englert 16
1480 Tubize
Active since 1 October 2024
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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
PAGM-AS, EE
Website info
Features
Security
Details
- Company number
- 0894.442.443
- VAT number
- BE 0894.442.443
- Registered office
- François Folielaan 26 bus 12, 1180 Ukkel
- Names & denominations
- TIMEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 2007
- Peppol
- Active · Active since 23 Dec 2025
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