ACTIVE

TimeTronics

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Financial year 2025 · closed on 30/12/2025
Net result
113,8 k €
+127.8% YoY
Gross margin
605,3 k €
+1018.8% YoY
Equity
-40,7 k €
+73.6% YoY
Workforce
5,7 ETP
-13.6% YoY

What does TimeTronics do?

TimeTronics is a Private limited company incorporated in 2012. Its main activity is: Manufacture of watches and clocks. Its registered office is in Olen. It employs on average 5,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0500.903.347
Incorporation
14/11/2012
Legal form
Private limited company
Registered office
Lammerdries-Oost 23 box B
2250 Olen · FlandreSee on map
Contributed capital
48 000,00 €
Latest accounts
30/12/2025
Average workforce
5,7 ETP
Activities (NACE)
26520Manufacture of watches and clocks· main26520Manufacture of watches and clocks46649Wholesale of machinery for the textile industry and of sewing and knitting machines46699Wholesale of other machinery and equipment
Joint committees (3)
  • 200
  • 20000
  • 218
Contacts
3 public details availableLog in to view
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin605,3 k €54,1 k €539,7 k €630,6 k €372,2 k €363,8 k €471,3 k €379,9 k €134,2 k €71,4 k €72,1 k €131,2 k €-81,6 k €
EBITDA152,3 k €-374,6 k €66 k €235,9 k €38,8 k €7,4 k €33,3 k €38,3 k €91,3 k €31,8 k €33,9 k €94,8 k €-117,1 k €
Operating result131,6 k €-402,2 k €36,1 k €201,9 k €7,5 k €-22,4 k €32,4 k €19 k €91,3 k €31,8 k €33,9 k €94,8 k €-117,1 k €
Net result113,8 k €-409,7 k €9 k €141,6 k €-6,8 k €-30,6 k €13,2 k €384 €60,1 k €20,9 k €30,8 k €94,1 k €-117,6 k €
Balance sheet
Equity-40,7 k €-154,5 k €255,2 k €246,2 k €104,5 k €111,3 k €141,9 k €128,7 k €108,3 k €108,2 k €87,3 k €56,5 k €-37,6 k €
Total assets809,9 k €809,7 k €795,2 k €1,2 M €741,5 k €843,6 k €788,1 k €795,4 k €268,4 k €168,6 k €107,1 k €128,6 k €123,7 k €
Cash214,6 k €73,8 k €72 k €91,2 k €66,2 k €180,1 k €105,9 k €139,7 k €203,4 k €126,5 k €68,9 k €64,1 k €52,5 k €
Debts850,6 k €944,2 k €540 k €953 k €636,9 k €732,3 k €646,2 k €666,7 k €160,1 k €60,3 k €19,8 k €72,1 k €161,4 k €
Other
Workforce5,7 ETP6,6 ETP7,3 ETP6,8 ETP6,3 ETP6,7 ETP–––1,0 ETP1,0 ETP1,0 ETP1,0 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 30/12/2025 · 1 active · 5 ended

Active mandates

Kim PEETERS

Director

Active

Ended mandates

Eddy Vanuytven

Manager · since 20 novembre 2012

Ended
Kim Peeters

Manager · since 20 novembre 2012

Ended
EDDY VANUYTVEN

Manager · since 14 novembre 2012 · until 01 mars 2018

Ended
EDDY VANUYTVEN

Manager · since 14 novembre 2012

Ended
At this address

Other companies at this address

CompanyCBE no.
PANNOC CHEMIE● Active
0418.262.812
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Closing of the financial year30/12/202530/12/202430/12/202330/12/202230/12/202130/12/2020
Length of the financial year13 months13 months13 months13 months13 months13 months
Filing date30/07/202631/07/202531/07/202431/07/202331/07/202201/08/2021
General meeting29/05/202630/05/202531/05/202426/05/202327/05/202228/05/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/12/202529/05/202630/07/2026DutchPDF
Abridged model30/12/202430/05/202531/07/2025DutchPDF
Abridged model30/12/202331/05/202431/07/2024DutchPDF
Abridged model30/12/202226/05/202331/07/2023DutchPDF
Abridged model30/12/202127/05/202231/07/2022DutchPDF
Abridged model30/12/202028/05/202101/08/2021DutchPDF
Micro model30/12/201929/05/202012/08/2020DutchPDF
Micro model30/12/201831/05/201917/07/2019DutchPDF
Micro model30/12/201725/05/201830/07/2018DutchPDF
Abridged model30/12/201626/05/201724/07/2017DutchPDF
Abridged model30/12/201527/05/201612/07/2016DutchPDF
Abridged model30/12/201429/05/201530/06/2015DutchPDF
Abridged model30/12/201321/03/201426/03/2014DutchPDF
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 30/12/2025 · 1 active · 5 ended

Active mandates

Kim PEETERS

Director

Active

Ended mandates

Eddy Vanuytven

Manager · since 20 novembre 2012

Ended
Kim Peeters

Manager · since 20 novembre 2012

Ended
EDDY VANUYTVEN

Manager · since 14 novembre 2012 · until 01 mars 2018

Ended
EDDY VANUYTVEN

Manager · since 14 novembre 2012

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/12/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/03/2018
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares14/12/2017
    KAPITAAL - AANDELEN
    PDF
  • Other29/11/2012
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025113,8 k €↑
  2. 2024
    Annual accounts 2024-409,7 k €↓
  3. 2023
    Annual accounts 20239 k €↓
  4. 2022
    Annual accounts 2022141,6 k €↑
  5. 2021
    Annual accounts 2021-6,8 k €↑
  6. 2020
    Annual accounts 2020-30,6 k €↓
  7. 2019
    Annual accounts 201913,2 k €↑
  8. 2018
    Annual accounts 2018384 €↓
  9. 2017
    Annual accounts 201760,1 k €↑
  10. 2016
    Annual accounts 201620,9 k €↓
  11. 2015
    Annual accounts 201530,8 k €↓
  12. 2014
    Annual accounts 201494,1 k €↑
  13. 2013
    Annual accounts 2013-117,6 k €
  14. 14/11/2012
    IncorporationPrivate limited company