ACTIVE

Timotheus

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
50,9 k €
+4759.1% YoY
Gross margin
133,6 k €
+54.0% YoY
Equity
564,2 k €
+9.9% YoY
Workforce
1,2 ETP
+9.1% YoY

What does Timotheus do?

Timotheus is a Non-profit organization incorporated in 1988. Its main activity is: Activities of other membership organisations n.e.c.. Its registered office is in Schoten. It employs on average 1,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0439.296.568
Incorporation
01/12/1988
Legal form
Non-profit organization
Registered office
Plantijnlei 16
2900 Schoten · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
1,2 ETP
Activities (NACE)
94999Activities of other membership organisations n.e.c.· main94999Activities of other membership organisations n.e.c.
Joint committees (2)
  • 329
  • 32901
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192010200920082007
Income statement
Gross margin133,6 k €86,8 k €180,6 k €162,6 k €186,9 k €207,2 k €210,4 k €214,2 k €331,6 k €204,2 k €347,8 k €
EBITDA61,2 k €15,3 k €161,5 k €3,2 k €84,5 k €113,6 k €48,8 k €41,5 k €31,7 k €3,7 k €28,3 k €
Operating result53,5 k €6,6 k €147,6 k €-6,6 k €77,1 k €110,1 k €44,3 k €27,6 k €24,4 k €-5,3 k €19,8 k €
Net result50,9 k €1 k €193,3 k €-17,3 k €67 k €94,3 k €22,8 k €5,6 k €18 k €-13 k €14,3 k €
Balance sheet
Equity564,2 k €513,3 k €512,2 k €318,9 k €336,2 k €269,2 k €174,9 k €46,4 k €40,9 k €22,9 k €35,9 k €
Total assets675,1 k €636,7 k €676,1 k €630,5 k €567,5 k €529,5 k €464,5 k €320,1 k €351,4 k €358,7 k €443,6 k €
Cash456,8 k €425,7 k €406,4 k €386,4 k €331,5 k €314,5 k €274,4 k €182,2 k €206,6 k €220,7 k €339 k €
Debts89,8 k €85 k €116,6 k €168,3 k €119,4 k €106,1 k €156,7 k €46,4 k €69,4 k €138,4 k €63,6 k €
Other
Workforce1,2 ETP1,1 ETP1,9 ETP1,9 ETP2,2 ETP2,3 ETP2,6 ETP5,2 ETP5,4 ETP6,5 ETP5,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 31 ended

Active mandates

Philippe Vandevorst

Persoon belast met dagelijks bestuur

Active

Ended mandates

Chriffa Boumaäza

Director · since 27 novembre 2024

Ended
Marleen D'Hose

Director · since 13 juin 2023

Ended
Philippe Vandevorst

Persoon belast met dagelijks bestuur · since 13 juin 2023

Ended
Jef Cumps

Director · since 30 mars 2023

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/07/202616/09/202503/06/202407/06/202328/07/202226/07/2021
General meeting27/03/202626/03/202528/03/202430/03/202326/03/202226/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/03/202623/07/2026DutchPDF
Abridged model31/12/202426/03/202516/09/2025DutchPDF
Abridged model31/12/202328/03/202403/06/2024DutchPDF
Abridged model31/12/202230/03/202307/06/2023DutchPDF
Abridged model31/12/202126/03/202228/07/2022DutchPDF
Abridged model31/12/202026/03/202126/07/2021DutchPDF
Abridged model31/12/201927/03/202024/11/2020DutchPDF
Abridged model31/12/201018/03/201127/04/2011DutchPDF
Abridged model31/12/200926/03/201018/03/2011DutchPDF
Abridged model31/12/200826/03/200930/09/2009DutchPDF
Abridged model31/12/200730/06/200803/07/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 · 1 active · 31 ended

Active mandates

Philippe Vandevorst

Persoon belast met dagelijks bestuur

Active

Ended mandates

Chriffa Boumaäza

Director · since 27 novembre 2024

Ended
Marleen D'Hose

Director · since 13 juin 2023

Ended
Philippe Vandevorst

Persoon belast met dagelijks bestuur · since 13 juin 2023

Ended
Jef Cumps

Director · since 30 mars 2023

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/09/2023
    BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/06/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/08/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/05/2011
    BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/05/2006
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/01/2006
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 202550,9 k €↑
  2. 2024
    Annual accounts 20241 k €↓
  3. 2024
    Name changeTIMOTHEUS
  4. 2023
    Annual accounts 2023193,3 k €↑
  5. 2022
    Annual accounts 2022-17,3 k €↓
  6. 2021
    Annual accounts 202167 k €↓
  7. 2021
    Name changeTIMOTHEUS PROJECT VZW
  8. 2020
    Annual accounts 202094,3 k €↑
  9. 2019
    Annual accounts 201922,8 k €↑
  10. 2010
    Annual accounts 20105,6 k €↓
  11. 2009
    Annual accounts 200918 k €↑
  12. 2008
    Annual accounts 2008-13 k €↓
  13. 2007
    Annual accounts 200714,3 k €
  14. 01/12/1988
    IncorporationNon-profit organization