NORMAL SITUATION

TIMMS

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Financial year 2024 · closed on 31/12/2024

Net result

201,1 k €

+59.7% YoY

Gross margin

283,6 k €

+29.7% YoY

Equity

560,3 k €

+56.0% YoY

Company — Normal situation.

What does TIMMS do?

TIMMS is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.525.060

Legal form

Private company with limited liability

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	283,6 k €	+29.7%	218,7 k €	+250%	62,5 k €	-18.3%	76,5 k €	+54.7%	49,4 k €	-31.0%	71,6 k €	+107%	34,6 k €	+7.8%	32,1 k €	+37.9%	23,3 k €	-28.0%	32,3 k €	-23.0%	42 k €	+41.8%	29,6 k €	-14.5%	34,6 k €	-23.3%	45,2 k €	-15.4%	53,4 k €	+0.8%	52,9 k €	-14.6%	62 k €	+31.1%	47,3 k €	-3.1%	48,8 k €
EBITDA	280,2 k €	+35.2%	207,2 k €	+306%	51,1 k €	-22.8%	66,2 k €	+68.1%	39,4 k €	-36.2%	61,7 k €	+144%	25,2 k €	+27.2%	19,8 k €	+43.2%	13,9 k €	-39.9%	23 k €	-29.7%	32,8 k €	+61.6%	20,3 k €	-21.1%	25,7 k €	-26.1%	34,8 k €	-22.7%	44,9 k €	-4.8%	47,2 k €	-17.1%	56,9 k €	+34.9%	42,2 k €	-2.5%	43,3 k €
Operating result	280,2 k €	+41.0%	198,7 k €	+360%	43,2 k €	-23.0%	56,1 k €	+98.0%	28,3 k €	-44.0%	50,6 k €	+215%	16,1 k €	+240%	4,7 k €	+501%	-1,2 k €	-123%	5,1 k €	-74.4%	20,1 k €	+164%	7,6 k €	-45.3%	13,9 k €	-17.7%	16,9 k €	-51.9%	35,1 k €	-1.0%	35,5 k €	-20.5%	44,6 k €	+50.8%	29,6 k €	+25.2%	23,7 k €
Net result	201,1 k €	+59.7%	125,9 k €	+398%	25,3 k €	-18.9%	31,2 k €	+72.7%	18,1 k €	-43.9%	32,2 k €	+268%	8,7 k €	+403%	-2,9 k €	+74.2%	-11,2 k €	-88.5%	-5,9 k €	-214%	5,2 k €	+272%	1,4 k €	+194%	-1,5 k €	+85.7%	-10,4 k €	-148%	21,8 k €	+60.1%	13,6 k €	-20.7%	17,2 k €	+185%	6 k €	-18.3%	7,4 k €
Balance sheet
Equity	560,3 k €	+56.0%	359,2 k €	+54.0%	233,3 k €	+12.1%	208 k €	+17.6%	176,8 k €	+11.4%	158,8 k €	+25.4%	126,6 k €	+7.4%	117,9 k €	-2.4%	120,8 k €	-8.5%	132 k €	-4.3%	137,9 k €	+3.9%	132,7 k €	+11.5%	119 k €	-1.2%	120,5 k €	-7.9%	130,9 k €	+20.0%	109,1 k €	+14.3%	95,5 k €	+21.9%	78,3 k €	+8.3%	72,3 k €
Total assets	612,6 k €	+26.4%	484,8 k €	+19.1%	407 k €	+8.8%	374,2 k €	+6.3%	352 k €	+3.0%	341,7 k €	-3.6%	354,3 k €	-4.5%	371,1 k €	-6.0%	394,8 k €	-1.9%	402,4 k €	-5.1%	423,9 k €	-6.1%	451,4 k €	-0.3%	453 k €	-4.7%	475,5 k €	+8.5%	438,1 k €	-1.9%	446,7 k €	-7.1%	480,8 k €	-1.8%	489,8 k €	+3.5%	473,5 k €
Cash	112,6 k €	-62.9%	303,5 k €	+183%	107,1 k €	+41.0%	76 k €	+102%	37,7 k €	+715%	4,6 k €	-37.9%	7,4 k €	-52.9%	15,8 k €	+30.2%	12,1 k €	+174%	4,4 k €	-60.1%	11,1 k €	-60.2%	27,9 k €	+82.1%	15,4 k €	-66.1%	45,3 k €	+32.2%	34,3 k €	+798%	3,8 k €	-67.3%	11,7 k €	+18.1%	9,9 k €	-36.3%	15,5 k €
Debts	49 k €	-59.6%	121,2 k €	-28.4%	169,4 k €	+4.8%	161,7 k €	-5.4%	171 k €	-4.6%	179,2 k €	-20.7%	226 k €	-10.7%	253 k €	-7.1%	272,4 k €	+1.2%	269 k €	-5.1%	283,6 k €	-10.7%	317,5 k €	-4.9%	333,9 k €	-5.9%	355 k €	+15.6%	307,2 k €	-9.0%	337,5 k €	-12.2%	384,3 k €	-5.7%	407,4 k €	+1.5%	401,2 k €

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 4 ended

Active mandates

LENI TIMMERMANS

Director

Active

PIERRE WAGEMANS

Director

Active

Ended mandates

Leni TIMMERMANS

Manager · since 30 avril 2002

Ended

Pierre WAGEMANS

Manager · since 30 avril 2002

Ended

LENI TIMMERMANS

Manager

Ended

PIERRE WAGEMANS

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/06/2025	19/06/2024	09/06/2023	27/07/2022	27/08/2021	30/10/2020
General meeting	03/05/2025	04/05/2024	06/05/2023	16/07/2022	16/07/2021	26/10/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	03/05/2025	23/06/2025	Dutch	PDF
Micro model	31/12/2023	04/05/2024	19/06/2024	Dutch	PDF
Micro model	31/12/2022	06/05/2023	09/06/2023	Dutch	PDF
Micro model	31/12/2021	16/07/2022	27/07/2022	Dutch	PDF
Micro model	31/12/2020	16/07/2021	27/08/2021	Dutch	PDF
Micro model	31/12/2019	26/10/2020	30/10/2020	Dutch	PDF
Micro model	31/12/2018	04/05/2019	19/08/2019	Dutch	PDF
Micro model	31/12/2017	05/05/2018	27/09/2018	Dutch	PDF
Micro model	31/12/2016	06/05/2017	09/06/2017	Dutch	PDF
Abridged model	31/12/2015	07/05/2016	19/09/2016	Dutch	PDF
Abridged model	31/12/2014	02/05/2015	16/07/2015	Dutch	PDF
Abridged model	31/12/2013	03/05/2014	12/08/2014	Dutch	PDF
Abridged model	31/12/2012	24/09/2013	26/09/2013	Dutch	PDF
Abridged model	31/12/2011	25/08/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/09/2011	29/09/2011	Dutch	PDF
Abridged model	31/12/2009	15/12/2010	20/12/2010	Dutch	PDF
Abridged model	31/12/2008	01/11/2009	13/11/2009	Dutch	PDF
Abridged model	31/12/2007	01/09/2008	23/09/2008	Dutch	PDF
Abridged model	31/12/2006	18/03/2008	20/03/2008	Dutch	PDF

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 31/12/2024 · 2 active · 4 ended

Active mandates

LENI TIMMERMANS

Director

Active

PIERRE WAGEMANS

Director

Active

Ended mandates

Leni TIMMERMANS

Manager · since 30 avril 2002

Ended

Pierre WAGEMANS

Manager · since 30 avril 2002

Ended

LENI TIMMERMANS

Manager

Ended

PIERRE WAGEMANS

Manager

Ended

Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

2024
Annual accounts 2024201,1 k €↑
2023
Annual accounts 2023125,9 k €↑
2022
Annual accounts 202225,3 k €↓
2021
Annual accounts 202131,2 k €↑
2020
Annual accounts 202018,1 k €↓
2019
Annual accounts 201932,2 k €↑
2018
Annual accounts 20188,7 k €↑
2017
Annual accounts 2017-2,9 k €↑
2016
Annual accounts 2016-11,2 k €↓
2015
Annual accounts 2015-5,9 k €↓
2014
Annual accounts 20145,2 k €↑
2013
Annual accounts 20131,4 k €↑
2012
Annual accounts 2012-1,5 k €↑
2011
Annual accounts 2011-10,4 k €↓
2010
Annual accounts 201021,8 k €↑
2009
Annual accounts 200913,6 k €↓
2008
Annual accounts 200817,2 k €↑
2007
Annual accounts 20076 k €↓
2006
Annual accounts 20067,4 k €

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

TIMMS

Overview

What does TIMMS do?

Trend over 19 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline