ACTIVE

ATIMA-TPIM

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Financial year 2025 · closed on 31/12/2025

Net result

55,3 k €

+93.5% YoY

Gross margin

1,1 M €

+36.0% YoY

Equity

500 k €

+0.3% YoY

Workforce

12,0 ETP

+11.1% YoY

What does ATIMA-TPIM do?

ATIMA-TPIM is a Public limited company incorporated in 1985. Its main activity is: Manufacture of doors and windows of metal. Its registered office is in Herstal. It employs on average 12,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0426.974.697

Incorporation

25/02/1985

Legal form

Public limited company

Registered office

Rue des Alouettes 90
4041 Herstal · WallonieSee on map

Contributed capital

66 000,00 €

Latest accounts

31/12/2025

Average workforce

12,0 ETP

Activities (NACE)

25120Manufacture of doors and windows of metal· main 25120Manufacture of doors and windows of metal 25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25620Machining 28120Manufacture of fluid power equipment 28520Manufacture of machinery and equipment n.e.c.

Joint committees (2)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,1 M €	+36.0%	843,4 k €	-14.8%	990 k €	-28.5%	1,4 M €	+36.8%	1 M €	-35.9%	1,6 M €	-6.0%	1,7 M €	-16.0%	2 M €	+20.6%	1,7 M €	+2.3%	1,6 M €	+12.4%	1,4 M €	+63.3%	883,2 k €	-26.2%	1,2 M €	-10.8%	1,3 M €	-1.2%	1,4 M €	+18.2%	1,1 M €	+0.1%	1,1 M €	-25.3%	1,5 M €	+2.8%	1,5 M €	+4.5%	1,4 M €
EBITDA	280,5 k €	+58.4%	177 k €	-24.7%	235 k €	-65.3%	678,3 k €	+191%	233,3 k €	-59.9%	581,5 k €	-16.6%	696,9 k €	-32.2%	1 M €	+59.1%	645,5 k €	-1.6%	655,7 k €	+23.3%	531,8 k €	+1265%	39 k €	-90.7%	420,1 k €	-15.0%	494,1 k €	+4.4%	473,3 k €	+42.8%	331,4 k €	+38.3%	239,7 k €	-53.6%	517 k €	-3.2%	534 k €	+15.6%	462,1 k €
Operating result	130 k €	+69.4%	76,7 k €	+325%	18 k €	-96.5%	508,5 k €	+626%	70 k €	-79.0%	333,1 k €	-13.7%	386 k €	-50.0%	772,3 k €	+103%	379,8 k €	-7.3%	409,7 k €	+34.9%	303,7 k €	+263%	-185,9 k €	-165%	287,5 k €	-9.6%	318,1 k €	-1.1%	321,6 k €	+88.3%	170,8 k €	+343%	38,5 k €	-80.2%	194,2 k €	+5.9%	183,4 k €	+0.8%	182 k €
Net result	55,3 k €	+93.5%	28,6 k €	-62.8%	76,8 k €	-77.3%	337,7 k €	+362%	73 k €	-70.1%	244,4 k €	-19.9%	305,2 k €	-43.5%	539,9 k €	+123%	242,6 k €	-7.2%	261,5 k €	+4.9%	249,2 k €	+226%	-197,2 k €	-206%	185,3 k €	-17.2%	223,8 k €	+4.2%	214,9 k €	+56.0%	137,7 k €	+123%	61,9 k €	-70.4%	209,3 k €	+57.1%	133,2 k €	-1.7%	135,5 k €
Balance sheet
Equity	500 k €	+0.3%	498,5 k €	+6.1%	469,9 k €	-6.1%	500,6 k €	+7.6%	465,3 k €	-78.7%	2,2 M €	+12.4%	1,9 M €	-28.1%	2,7 M €	+24.9%	2,2 M €	+12.5%	1,9 M €	+15.5%	1,7 M €	+17.4%	1,4 M €	-12.4%	1,6 M €	+4.0%	1,6 M €	+16.4%	1,3 M €	-0.7%	1,3 M €	+10.7%	1,2 M €	+5.8%	1,2 M €	+22.8%	937,8 k €	+15.7%	810,8 k €
Total assets	2,1 M €	+3.9%	2 M €	+3.0%	2 M €	-2.5%	2 M €	+26.3%	1,6 M €	-48.5%	3,1 M €	-19.9%	3,9 M €	-3.0%	4 M €	+22.4%	3,3 M €	+10.1%	3 M €	+7.1%	2,8 M €	+8.5%	2,6 M €	+2.6%	2,5 M €	-4.2%	2,6 M €	+34.1%	1,9 M €	+4.6%	1,9 M €	+2.8%	1,8 M €	-8.3%	2 M €	-2.2%	2 M €	+10.9%	1,8 M €
Cash	82 k €	-36.8%	129,7 k €	-31.2%	188,4 k €	+0.7%	187 k €	-28.4%	261,4 k €	-38.1%	422,4 k €	-33.4%	634,3 k €	-22.9%	822,4 k €	+47.4%	557,8 k €	+142%	230,7 k €	-33.4%	346,5 k €	+161%	132,6 k €	-63.8%	365,9 k €	-24.2%	482,6 k €	-36.3%	757,7 k €	+17.3%	646 k €	+10.8%	583,2 k €	+151%	232,7 k €	+49.0%	156,1 k €	+414%	30,4 k €
Debts	1,6 M €	+4.0%	1,5 M €	+2.1%	1,5 M €	+0.0%	1,5 M €	+32.0%	1,1 M €	+22.0%	938,1 k €	-52.0%	2 M €	+50.6%	1,3 M €	+17.3%	1,1 M €	+6.0%	1 M €	-6.6%	1,1 M €	-1.8%	1,1 M €	+29.4%	879 k €	-16.1%	1 M €	+74.1%	601,7 k €	+19.4%	503,9 k €	-10.7%	564,5 k €	-28.9%	793,8 k €	-24.7%	1,1 M €	+7.9%	977,3 k €
Other
Workforce	12,0 ETP	+11.1%	10,8 ETP	-3.6%	11,2 ETP	+6.7%	10,5 ETP	-1.9%	10,7 ETP	-39.2%	17,6 ETP	0.0%	17,6 ETP	-2.2%	18,0 ETP	-7.2%	19,4 ETP	+7.2%	18,1 ETP	+8.4%	16,7 ETP	+6.4%	15,7 ETP	-1.3%	15,9 ETP	-14.5%	18,6 ETP	-12.3%	21,2 ETP	+1.0%	21,0 ETP	-9.1%	23,1 ETP	-8.7%	25,3 ETP	+3.7%	24,4 ETP	-5.4%	25,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 26 ended

Active mandates

Antoine DUCHATEAU

Director · since 05 mai 2023 · until 10 juin 2025

Active

Boxwood Consulting

Director · since 13 avril 2021 · until 13 avril 2027 · 0545.880.267

Represented by Naji EL-MASRI

Active

MA MA THO MANAGEMENT

Managing director · since 13 avril 2021 · until 13 avril 2027 · 0811.019.770

Represented by Alain GENARD

Active

Whitestone Group

Director · since 13 avril 2021 · until 13 avril 2027 · 0467.731.030

Represented by Sandro ARDIZZONE

Active

Ended mandates

Antoine Duchateau

Director · since 05 mai 2023 · until 05 mai 2027

Ended

Boxwood Consulting

Managing director · since 13 avril 2021 · until 13 avril 2027 · 0545.880.267

Represented by Naji El-Masri

Ended

Boxwood Consulting

Managing director · since 13 avril 2021 · until 13 avril 2027 · 0545.880.267

Represented by Naji El-Masri

Ended

Boxwood Consulting

Managing director · since 13 avril 2021 · until 13 avril 2027 · 0545.880.267

Represented by Naji EL-MASRI

Ended

At this address

Other companies at this address

Company	CBE no.
ECOTYS● Active	0807.665.847
TREESTONE● Active	0737.847.821

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/05/2026	28/08/2025	20/08/2024	30/08/2023	22/08/2022	27/04/2021
General meeting	04/05/2026	10/06/2025	23/05/2024	05/05/2023	06/05/2022	12/04/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/05/2026	11/05/2026	French	PDF
Abridged model	31/12/2024	10/06/2025	28/08/2025	French	PDF
Abridged model	31/12/2023	23/05/2024	20/08/2024	French	PDF
Abridged model	31/12/2022	05/05/2023	30/08/2023	French	PDF
Abridged model	31/12/2021	06/05/2022	22/08/2022	French	PDF
Abridged model	31/12/2020	12/04/2021	27/04/2021	French	PDF
Abridged model	31/12/2019	29/05/2020	17/08/2020	French	PDF
Abridged model	31/12/2018	03/05/2019	04/06/2019	French	PDF
Abridged model	31/12/2017	29/06/2018	30/07/2018	French	PDF
Abridged model	31/12/2016	09/06/2017	20/06/2017	French	PDF
Abridged model	31/12/2015	31/05/2016	05/07/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	29/07/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	23/07/2014	French	PDF
Abridged model	31/12/2012	03/05/2013	28/05/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	14/08/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	27/07/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	28/07/2010	French	PDF
Abridged model	31/12/2008	05/06/2009	17/06/2009	French	PDF
Abridged model	31/12/2007	02/05/2008	28/05/2008	French	PDF
Abridged model	31/12/2006	04/05/2007	01/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 26 ended

Active mandates

Antoine DUCHATEAU

Director · since 05 mai 2023 · until 10 juin 2025

Active

Boxwood Consulting

Director · since 13 avril 2021 · until 13 avril 2027 · 0545.880.267

Represented by Naji EL-MASRI

Active

MA MA THO MANAGEMENT

Managing director · since 13 avril 2021 · until 13 avril 2027 · 0811.019.770

Represented by Alain GENARD

Active

Whitestone Group

Director · since 13 avril 2021 · until 13 avril 2027 · 0467.731.030

Represented by Sandro ARDIZZONE

Active

Ended mandates

Antoine Duchateau

Director · since 05 mai 2023 · until 05 mai 2027

Ended

Boxwood Consulting

Managing director · since 13 avril 2021 · until 13 avril 2027 · 0545.880.267

Represented by Naji El-Masri

Ended

Boxwood Consulting

Managing director · since 13 avril 2021 · until 13 avril 2027 · 0545.880.267

Represented by Naji El-Masri

Ended

Boxwood Consulting

Managing director · since 13 avril 2021 · until 13 avril 2027 · 0545.880.267

Represented by Naji EL-MASRI

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/06/2023
DEMISSIONS, NOMINATIONS
PDF
Registered office24/01/2023
SIEGE SOCIAL
PDF
Mandates01/09/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates30/04/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates12/11/2019
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates29/07/2016
DEMISSIONS, NOMINATIONS
PDF
Capital / shares24/12/2013
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares04/04/2011
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202555,3 k €↑
2024
Annual accounts 202428,6 k €↓
2023
Annual accounts 202376,8 k €↓
2022
Annual accounts 2022337,7 k €↑
2021
Annual accounts 202173 k €↓
2020
Annual accounts 2020244,4 k €↓
2019
Annual accounts 2019305,2 k €↓
2018
Annual accounts 2018539,9 k €↑
2017
Annual accounts 2017242,6 k €↓
2016
Annual accounts 2016261,5 k €↑
2015
Annual accounts 2015249,2 k €↑
2014
Annual accounts 2014-197,2 k €↓
2013
Annual accounts 2013185,3 k €↓
2012
Annual accounts 2012223,8 k €↑
2011
Annual accounts 2011214,9 k €↑
2010
Annual accounts 2010137,7 k €↑
2009
Annual accounts 200961,9 k €↓
2008
Annual accounts 2008209,3 k €↑
2007
Annual accounts 2007133,2 k €↓
2006
Annual accounts 2006135,5 k €
25/02/1985
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ATIMA-TPIM

Overview

What does ATIMA-TPIM do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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