NORMAL SITUATION

TIMANCO

Financial year 2024 · closed on 30/06/2024
Net result
-11 k €
+21.0% YoY
Gross margin
15,2 k €
-24.7% YoY
Equity
249,9 k €
-4.2% YoY

Company — Normal situation.

What does TIMANCO do?

TIMANCO is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0457.291.355
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
30/06/2024
Joint committees (1)
  • 218
Signals
Positive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin15,2 k €20,1 k €50,1 k €31,4 k €-5,9 k €-28 k €-5,8 k €-60,7 k €-80,6 k €409,5 k €578,7 k €110,8 k €263,4 k €
EBITDA13 k €12,3 k €46,2 k €29,3 k €-6,2 k €-46,9 k €-7,2 k €-62,4 k €-83,7 k €-1,6 k €534,3 k €344,4 k €425,1 k €106,7 k €170,8 k €258,3 k €131,2 k €170,8 k €163,9 k €
Operating result3,6 k €-12 k €27,6 k €2,4 k €-34,2 k €-81,3 k €-41,8 k €-99,6 k €-120,5 k €-39,1 k €496 k €239,4 k €-3,7 k €78,6 k €107 k €175,1 k €86 k €128,5 k €122,1 k €
Net result-11 k €-13,9 k €13,9 k €2,4 k €-27,3 k €-76,9 k €7,3 k €-103,1 k €28,1 k €-17 k €7,6 k €207,1 k €5,6 k €18,1 k €3,5 k €5,9 k €-40,7 k €72,1 k €90,6 k €
Balance sheet
Equity249,9 k €260,9 k €274,8 k €260,9 k €258,5 k €285,8 k €362,6 k €634,4 k €737,5 k €709,4 k €726,4 k €718,8 k €511,8 k €506,1 k €488,1 k €484,6 k €478,7 k €519,4 k €447,3 k €
Total assets1,8 M €1,8 M €1,2 M €971 k €999,5 k €1,1 M €1,6 M €1,6 M €1,5 M €1,3 M €2,2 M €4,5 M €3,2 M €3,5 M €3,1 M €2,2 M €1,8 M €2,1 M €3,6 M €
Cash5,5 k €2,5 k €196,8 k €4,9 k €7,6 k €41,1 k €7,4 k €76,6 k €4,1 k €26,7 k €8,1 k €89,7 k €130,2 k €13,2 k €17,3 k €295 k €469,2 k €114,1 k €84,8 k €
Debts1,6 M €1,6 M €877,9 k €710,1 k €740,6 k €840,3 k €1,2 M €954,8 k €714,2 k €623 k €1,4 M €3,3 M €2,6 M €2,9 M €2,5 M €1,6 M €1,3 M €1,5 M €3 M €
Other
Workforce1,2 ETP1,1 ETP1,0 ETP0,2 ETP0,9 ETP1,4 ETP2,2 ETP3,2 ETP2,3 ETP
Governance

Board of directors

Seen on filing of 30/06/2024 · 2 active · 8 ended

Active mandates

Florian Thiers

Director · since 01 octobre 2021

Active
Federico Thiers

Director · since 29 décembre 2017

Active

Ended mandates

Federico Thiers

Manager · since 29 décembre 2017

Ended
Maarten De Lamper

Director · since 01 avril 2013 · until 31 décembre 2015

Ended
Maarten De Lamper

Director · since 01 avril 2013

Ended
Cristian Thiers

Director · until 29 décembre 2017

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/10/202201/10/202101/10/202001/10/201901/10/2018
Closing of the financial year30/06/202431/12/202330/09/202230/09/202130/09/202030/09/2019
Length of the financial year6 months15 months12 months12 months12 months12 months
Filing date13/01/202505/07/202417/03/202321/03/202225/03/202102/04/2020
General meeting16/12/202403/06/202406/03/202307/03/202201/03/202102/03/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

30 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202416/12/202413/01/2025DutchPDF
Micro model31/12/202303/06/202405/07/2024DutchPDF
Micro model30/09/202206/03/202317/03/2023DutchPDF
Abridged model30/09/202107/03/202221/03/2022DutchPDF
Abridged model30/09/202001/03/202125/03/2021DutchPDF
Abridged model30/09/201902/03/202002/04/2020DutchPDF
Abridged model30/09/201804/03/201929/03/2019DutchPDF
Abridged model30/09/201705/03/201830/03/2018DutchPDF
Abridged model30/09/201606/03/201730/03/2017DutchPDF
Full model30/09/201507/03/201631/03/2016DutchPDF
Full model30/09/201402/03/201527/04/2015DutchPDF
Abridged model30/09/201303/03/201421/03/2014DutchPDF
Abridged model30/09/201204/03/201322/03/2013DutchPDF
Abridged modelCorrection30/09/201105/03/201227/03/2012DutchPDF
Abridged model30/09/201105/03/201221/03/2012DutchPDF
Abridged model31/12/201007/03/201106/05/2011DutchPDF
Full model31/12/200901/03/201030/03/2010DutchPDF
Full model31/12/200802/03/200915/05/2009DutchPDF
Full model31/12/200717/03/200822/04/2008DutchPDF
Full model31/12/200612/03/200710/04/2007DutchPDF
Full model31/12/200506/03/200608/03/2006DutchPDF
Full model31/12/200418/03/200525/04/2005DutchPDF
Abridged model31/12/200311/03/200401/04/2004DutchPDF
Abridged model31/12/200203/03/200302/04/2003DutchPDF

View all 30 filings

Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2024 · 2 active · 8 ended

Active mandates

Florian Thiers

Director · since 01 octobre 2021

Active
Federico Thiers

Director · since 29 décembre 2017

Active

Ended mandates

Federico Thiers

Manager · since 29 décembre 2017

Ended
Maarten De Lamper

Director · since 01 avril 2013 · until 31 décembre 2015

Ended
Maarten De Lamper

Director · since 01 avril 2013

Ended
Cristian Thiers

Director · until 29 décembre 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring21/01/2025
    fusie door overneming TIMANCO en DESECO door LIFE GROUP
    PDF
  • Restructuring05/11/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates06/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates06/10/2021
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/01/2018
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates26/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/02/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/04/2015
    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. 2024
    Annual accounts 2024-11 k €
  2. 2023
    Annual accounts 2023-13,9 k €
  3. 2022
    Annual accounts 202213,9 k €
  4. 2021
    Annual accounts 20212,4 k €
  5. 2020
    Annual accounts 2020-27,3 k €
  6. 2019
    Annual accounts 2019-76,9 k €
  7. 2018
    Annual accounts 20187,3 k €
  8. 2017
    Annual accounts 2017-103,1 k €
  9. 2016
    Annual accounts 201628,1 k €
  10. 2015
    Annual accounts 2015-17 k €
  11. 2014
    Annual accounts 20147,6 k €
  12. 2013
    Annual accounts 2013207,1 k €
  13. 2012
    Annual accounts 20125,6 k €
  14. 2011
    Annual accounts 201118,1 k €
  15. 2010
    Annual accounts 20103,5 k €
  16. 2009
    Annual accounts 20095,9 k €
  17. 2008
    Annual accounts 2008-40,7 k €
  18. 2007
    Annual accounts 200772,1 k €
  19. 2006
    Annual accounts 200690,6 k €