NORMAL SITUATION

TIM SECURITY

Export PDF

Company — Normal situation.

Financial year 2022 · Closed on 30/09/2022

Net result511,4 k €+3,2 %over 1 year

Gross margin1,5 M €-18,9 %over 1 year

Equity1,1 M €+80,5 %over 1 year

Workforce17,5 ETP-10,3 %over 1 year

Identity

Source · BCE/KBO

TIM SECURITY is a company registered in Belgium. It employs on average 17,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0406.595.591
Legal form: Private limited company
Contributed capital: 51 587,50 €
Latest accounts: 30/09/2022
Average workforce: 17,5 ETP

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 47 filings

Trend over 17 financial years

	2022		2021		2020		2019		2018
Income statement
Gross margin	1,5 M €	-18.9%	1,9 M €	+4.5%	1,8 M €	+6.7%	1,7 M €	+5.1%	1,6 M €
EBITDA	689,6 k €	+1.1%	681,9 k €	-4.9%	717,2 k €	+122%	322,8 k €	-6.6%	345,8 k €
Operating result	667,8 k €	+1.2%	659,9 k €	-4.2%	689,2 k €	+134%	294,2 k €	-3.4%	304,6 k €
Net result	511,4 k €	+3.2%	495,6 k €	-3.6%	514,3 k €	+152%	204 k €	+2.0%	200,1 k €
Balance sheet
Equity	1,1 M €	+80.5%	635,2 k €	+355%	139,6 k €	+3.2%	135,3 k €	-55.4%	303,5 k €
Total assets	2,3 M €	+15.9%	2 M €	+4.1%	1,9 M €	+27.5%	1,5 M €	-11.9%	1,7 M €
Cash	1,5 M €	+58.3%	931,6 k €	-3.2%	962,9 k €	+64.9%	583,8 k €	-20.9%	737,8 k €
Debts	332,3 k €	+50.0%	221,5 k €	-69.6%	728 k €	+104%	356,4 k €	-16.2%	425,2 k €
Other
Workforce	17,5 ETP	-10.3%	19,5 ETP	+5.4%	18,5 ETP	-15.9%	22,0 ETP	+3.3%	21,3 ETP

Board of directors

Source · NBB, accounts to 30/09/2022

2 active · 7 ended

Active mandates

ADT-Invest

Director · since 01 octobre 2018 · until 30 septembre 2022 · 0701.853.002

Represented by Anthony Detienne

Active

Alain Detienne

Manager · since 01 octobre 2018 · until 30 septembre 2022

Active

Ended mandates

ADT-Invest

Director · since 01 octobre 2018 · 0701.853.002

Represented by Anthony Detienne

Ended

ADT-Invest

Manager · 0701.853.002

Represented by Anthony Detienne

Ended

Alain Detienne

bestuurder

Ended

Alain Detienne

Director

Ended

Full financial information

Source · NBB

	2022	2021	2020	2019	2018	2017
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017
Closing of the financial year	30/09/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017
Length of the financial year	9 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/12/2022	07/07/2022	17/06/2021	14/08/2020	28/06/2019	29/06/2018
General meeting	09/12/2022	13/06/2022	14/06/2021	08/06/2020	11/06/2019	11/06/2018
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 47 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2022	09/12/2022	20/12/2022	Dutch	PDF
Abridged model	31/12/2021	13/06/2022	07/07/2022	Dutch	PDF
Abridged model	31/12/2020	14/06/2021	17/06/2021	Dutch	PDF
Abridged model	31/12/2019	08/06/2020	14/08/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	11/06/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	12/06/2017	23/06/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	16/06/2016	Dutch	PDF
Abridged model	31/12/2014	08/06/2015	06/07/2015	Dutch	PDF
Abridged modelCorrection	31/12/2013	10/06/2014	08/06/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	20/08/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	02/08/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	06/07/2010	Dutch	PDF
Abridged model	31/12/2008	08/06/2009	20/08/2009	Dutch	PDF
Abridged model	31/12/2007	09/06/2008	12/08/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	03/07/2007	Dutch	PDF
Abridged model	31/12/2005	12/06/2006	16/06/2006	Dutch	PDF
Abridged model	31/12/2004	13/06/2005	15/06/2005	Dutch	PDF
Abridged model	31/12/2003	14/06/2004	19/07/2004	Dutch	PDF
Abridged model	31/12/2002	09/06/2003	17/06/2003	Dutch	PDF
Abridged model	31/12/2001	10/06/2002	12/07/2002	Dutch	PDF
Abridged model	31/12/2000	11/06/2001	18/06/2001	Dutch	PDF
Abridged model	31/12/1999	15/06/2000	07/12/2000	Dutch	PDF
Abridged model	31/12/1998	14/06/1999	02/07/1999	Dutch	PDF
Abridged model	31/12/1997	08/06/1998	24/06/1998	Dutch	—
Abridged model	31/12/1996	09/06/1997	16/06/1997	Dutch	—
Abridged model	31/12/1995	10/06/1996	02/07/1996	Dutch	—
Abridged model	31/12/1994	12/06/1995	14/06/1995	Dutch	—
Abridged model	31/12/1993	13/06/1994	08/07/1994	Dutch	—
Abridged model	31/12/1992	14/06/1993	15/06/1993	Dutch	—
Abridged model	31/12/1991	09/06/1992	13/10/1992	Dutch	—
Abridged model	31/12/1990	10/06/1991	11/06/1991	Dutch	—
Abridged model	31/12/1989	11/06/1990	13/08/1990	Dutch	—
Abridged model	31/12/1988	12/06/1989	23/06/1989	Dutch	—
Abridged model	31/12/1987	27/06/1988	29/06/1988	Dutch	—
Abridged model	31/12/1986	25/06/1987	23/07/1987	Dutch	—
Abridged model	31/12/1985	24/06/1986	30/06/1986	Dutch	—
Abridged model	31/12/1984	24/06/1985	22/07/1985	English	—
m900-p	31/12/1983	05/06/1984	05/07/1984	English	—
m900-p	31/12/1982	18/08/1983	16/11/1983	English	—
m900-p	31/12/1981	01/06/1982	19/07/1982	English	—
m900-p	31/12/1980	01/01/9999	02/09/1981	English	—
m900-p	31/12/1979	01/01/9999	28/07/1980	English	—
m900-p	31/12/1978	01/01/9999	03/08/1979	English	—
m900-p	31/12/1977	01/01/9999	04/10/1978	English	—

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/09/2022

2 active · 7 ended

Active mandates

ADT-Invest

Director · since 01 octobre 2018 · until 30 septembre 2022 · 0701.853.002

Represented by Anthony Detienne

Active

Alain Detienne

Manager · since 01 octobre 2018 · until 30 septembre 2022

Active

Ended mandates

ADT-Invest

Director · since 01 octobre 2018 · 0701.853.002

Represented by Anthony Detienne

Ended

ADT-Invest

Manager · 0701.853.002

Represented by Anthony Detienne

Ended

Alain Detienne

bestuurder

Ended

Alain Detienne

Director

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Dissolution05/01/2023
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring07/11/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates08/08/2022
ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
PDF
Other17/06/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates17/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/03/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares04/04/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2022
Annual accounts 2022511,4 k €↑
2021
Annual accounts 2021495,6 k €↓
2020
Annual accounts 2020514,3 k €↑
2019
Annual accounts 2019204 k €↑
2018
Annual accounts 2018200,1 k €↑
2017
Annual accounts 2017111,5 k €↓
2016
Annual accounts 2016249,4 k €↑
2015
Annual accounts 201566,2 k €↑
2014
Annual accounts 201459,8 k €↓
2013
Annual accounts 2013105,1 k €↓
2012
Annual accounts 2012165,4 k €↑
2011
Annual accounts 2011105,6 k €↓
2010
Annual accounts 2010141,1 k €↑
2009
Annual accounts 200962,3 k €↓
2008
Annual accounts 200864,7 k €↓
2007
Annual accounts 2007127,1 k €↑
2006
Annual accounts 200671,4 k €

TIM SECURITY

Overview

Identity

Financials

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline