Financials
Financial year 2025
Tim Faes from Arendonk, company number BE1015102822, closed financial year 2025 with a result of € -15,504 after tax. For that financial year Tim Faes recorded a gross margin of € -13,177 and equity of € 5,447. Compared with financial year 2024, the result moved from € 15,951 to € -15,504. The company made a loss. The buffer shrank hard: equity is 74 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 5,447
▼ 74% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,504
▼ still € 15,951 profit in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 447.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 6,349
▲ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,872
Loans from banks and other lenders, long and short.
€ 22,026
▲ 209% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,946
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 20,873 | € -13,177 | ▼ € 34,050 |
| Profit after taxes | € 15,951 | € -15,504 | ▼ € 31,455 |
| Equity | € 20,951 | € 5,447 | ▼ 74% |
| Total debts | € 13,849 | € 44,937 | ▲ 224% |
| Cash | € 3,061 | € 0 | ▼ 100% |
| Retained profit | € 15,951 | € 447 | ▼ 97% |
| Bank debt | € 0 | € 15,872 | |
| Balance sheet total | € 34,800 | € 50,384 | ▲ 45% |
Key figures of Tim Faes, fiscal years 2024 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 Tim Faes?
What happened at Tim Faes in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,504 (▼ € 31,455 vs 2024). Source: NBB ↗
- New establishment in Arendonk. KBO
- Tim Faes became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 15,951 profit in 2024 to € 15,504 loss in 2025.
Paid € 4,057 in corporate taxes since 2024.
Best year ever: 2024, with € 15,951 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
Directors
According to the 2025 annual accounts
Tim Faes
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Schotelven 24
2370 Arendonk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1015.102.822
- VAT number
- BE 1015.102.822
- Registered office
- Schotelven 24, 2370 Arendonk
- Names & denominations
- Tim Faes
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 2024
- Peppol
- Active · Active since 29 Jul 2025
- Activities · NACE
Sanitaire werkzaamheden
Overige werkzaamheden in verband met de afwerking van gebouwen