ACTIVE

TIMECO

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Financial year 2025 · Closed on 30/06/2025

Net result7,2 k €-67,9 %over 1 year
Gross margin14,5 k €-71,5 %over 1 year
Equity37,6 k €+17,4 %over 1 year

Identity

Source · BCE/KBO

TIMECO is a Private limited company incorporated in 1986. Its main activity is: Legal activities. Its registered office is in Kortrijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0429.135.522
Incorporation
01/08/1986
Legal form
Private limited company
Registered office
Pottelberg(Kor) 14
8500 Kortrijk · FlandreSee on map
Contributed capital
5 823,91 €
Latest accounts
30/06/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin14,5 k €50,9 k €45,3 k €23,5 k €1,4 k €
EBITDA13,3 k €49,3 k €43,7 k €22,1 k €-875,8 €
Operating result11,9 k €32,1 k €26,7 k €5,2 k €-17,6 k €
Net result7,2 k €22,6 k €24,9 k €2,9 k €-20,3 k €
Balance sheet
Equity37,6 k €32 k €11,2 k €1,3 k €-1,6 k €
Total assets44,6 k €47,6 k €56,4 k €58,3 k €73,5 k €
Cash21,5 k €23,7 k €27,2 k €17,8 k €7,3 k €
Debts4,2 k €15,6 k €45,2 k €57,1 k €75,1 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 5 ended

Active mandates

Els DEGRAUWE

Director

Active
Tillo Mestdagh Jr

Director

Active

Ended mandates

Els DEGRAUWE

Managing director

Ended
Tillo Jr. MESTDAGH

Chairman of the board of directors

Ended
Tillo Jr. MESTDAGH

Director

Ended
TIVA

Director · until 27 novembre 2020 · 0444.632.558

Represented by Els DEGRAUWE

Ended

Other companies at this address

Pottelberg(Kor) 14 8500 Kortrijk
CompanyCBE no.
HUIZE VANDEVENNE● Active
0463.803.916
Mestate● Active
1002.681.080
SONNEVANCK● Active
0760.439.220

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/12/202509/09/202425/10/202319/12/202222/12/202105/10/2020
General meeting28/11/202506/09/202424/10/202325/11/202226/11/202102/10/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202528/11/202522/12/2025DutchPDF
Micro model30/06/202406/09/202409/09/2024DutchPDF
Micro model30/06/202324/10/202325/10/2023DutchPDF
Micro model30/06/202225/11/202219/12/2022DutchPDF
Micro model30/06/202126/11/202122/12/2021DutchPDF
Abridged model30/06/202002/10/202005/10/2020DutchPDF
Abridged model30/06/201915/11/201930/12/2019DutchPDF
Abridged model30/06/201816/11/201827/11/2018DutchPDF
Abridged model30/06/201717/11/201719/12/2017DutchPDF
Abridged model30/06/201618/11/201624/11/2016DutchPDF
Abridged model30/06/201520/11/201504/01/2016DutchPDF
Abridged model30/06/201421/11/201415/12/2014DutchPDF
Abridged model30/06/201322/11/201322/12/2013DutchPDF
Abridged model30/06/201223/11/201231/12/2012DutchPDF
Abridged model30/06/201125/11/201122/12/2011DutchPDF
Abridged model30/06/201026/11/201017/12/2010DutchPDF
Abridged model30/06/200927/11/200914/12/2009DutchPDF
Abridged model30/06/200828/11/200803/12/2008DutchPDF
Abridged model30/06/200730/11/200713/12/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 5 ended

Active mandates

Els DEGRAUWE

Director

Active
Tillo Mestdagh Jr

Director

Active

Ended mandates

Els DEGRAUWE

Managing director

Ended
Tillo Jr. MESTDAGH

Chairman of the board of directors

Ended
Tillo Jr. MESTDAGH

Director

Ended
TIVA

Director · until 27 novembre 2020 · 0444.632.558

Represented by Els DEGRAUWE

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring18/01/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates17/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring17/11/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates10/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other03/10/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates29/01/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/01/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2004
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20257,2 k €↓
  2. 2024
    Annual accounts 202422,6 k €↓
  3. 2023
    Annual accounts 202324,9 k €↑
  4. 2022
    Annual accounts 20222,9 k €↑
  5. 2021
    Annual accounts 2021-20,3 k €↓
  6. 2020
    Annual accounts 202010 k €↓
  7. 2019
    Annual accounts 201926,7 k €↓
  8. 2018
    Annual accounts 201827,9 k €↑
  9. 2017
    Annual accounts 201723,5 k €↑
  10. 2016
    Annual accounts 201620,3 k €↑
  11. 2015
    Annual accounts 201518,9 k €↓
  12. 2014
    Annual accounts 201419,3 k €↑
  13. 2013
    Annual accounts 20135,9 k €↑
  14. 2012
    Annual accounts 20124,5 k €↑
  15. 2011
    Annual accounts 2011266,8 €↓
  16. 2010
    Annual accounts 20101,2 k €↑
  17. 2009
    Annual accounts 2009-4 k €↓
  18. 2008
    Annual accounts 20088,5 k €↑
  19. 2007
    Annual accounts 2007-8,7 k €
  20. 01/08/1986
    IncorporationPrivate limited company