ACTIVE

TIMUCIN

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Financial year 2025 · closed on 31/12/2025
Net result
35,7 k €
-3.2% YoY
Gross margin
943,8 k €
+7.9% YoY
Equity
345,6 k €
+11.5% YoY
Workforce
17,0 ETP
-1.7% YoY

What does TIMUCIN do?

TIMUCIN is a Private limited company incorporated in 2014. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Antwerpen. It employs on average 17,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0548.668.226
Incorporation
18/03/2014
Legal form
Private limited company
Registered office
Antwerpsesteenweg 169
2660 Antwerpen · FlandreSee on map
Contributed capital
168 600,00 €
Latest accounts
31/12/2025
Average workforce
17,0 ETP
Activities (NACE)
47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main47113Retail sale in non-specialised stores with food, beverages or tobacco predominating47221Retail sale of meat and meat products in specialised stores47221Retail sale of meat and meat products in specialised stores47110Retail sale in non-specialised stores with food, beverages or tobacco predominating47113Retail sale in non-specialised stores with food, beverages or tobacco predominating+2
Joint committees (5)
  • 119
  • 1190
  • 201
  • 2010
  • 202
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin943,8 k €875,1 k €631,4 k €615,8 k €709,6 k €699,9 k €565,4 k €201,4 k €164,2 k €59,8 k €73,4 k €
EBITDA275,9 k €215 k €131,3 k €160,4 k €188 k €142,3 k €142,1 k €-23,3 k €131 k €48,1 k €51,8 k €
Operating result174,1 k €112,9 k €63 k €80,3 k €107,5 k €52,7 k €53,7 k €-75,7 k €105 k €30,1 k €36,2 k €
Net result35,7 k €36,8 k €10,6 k €31,7 k €11,4 k €2,9 k €18,4 k €-91,9 k €68,1 k €18,4 k €29,8 k €
Balance sheet
Equity345,6 k €309,9 k €273,1 k €262,4 k €233 k €197,4 k €194,5 k €176,1 k €118 k €49,9 k €31,4 k €
Total assets2 M €1,6 M €1,5 M €1,3 M €1,3 M €1,2 M €966,9 k €903 k €335,2 k €156,4 k €94,9 k €
Cash185,4 k €116 k €89,6 k €57 k €21,3 k €–31,4 k €95,1 k €40,6 k €58,8 k €1,7 k €
Debts1,7 M €1,3 M €1,2 M €1 M €1 M €1 M €746,5 k €726,9 k €217,2 k €106,5 k €63,4 k €
Other
Workforce17,0 ETP17,3 ETP13,3 ETP14,6 ETP18,6 ETP17,7 ETP15,5 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 10 ended

Active mandates

Idris Kirtan

Director · since 01 mai 2025

Active
Ahmet Sahin

Director · since 29 décembre 2022

Active
DEDE

Director · since 29 décembre 2022 · until 30 avril 2025 · 0715.747.360

Represented by Idris KIRTAN

Active

Ended mandates

DEDE

Director · since 29 décembre 2022 · 0715.747.360

Represented by Idris KIRTAN

Ended
DEDE

Director · since 29 décembre 2022 · 0715.747.360

Represented by Idris Kirtan

Ended
Osman Gömeç

Manager · since 01 octobre 2018

Ended
Ahmet Sahin

Director · since 26 avril 2018

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 date26/07/202608/07/202523/07/202412/07/202314/07/202230/08/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202626/07/2026DutchPDF
Abridged model31/12/202427/06/202508/07/2025DutchPDF
Abridged model31/12/202328/06/202423/07/2024DutchPDF
Abridged model31/12/202230/06/202312/07/2023DutchPDF
Abridged model31/12/202124/06/202214/07/2022DutchPDF
Abridged model31/12/202025/06/202130/08/2021DutchPDF
Abridged model31/12/201926/06/202001/09/2020DutchPDF
Micro model31/12/201828/06/201930/07/2019DutchPDF
Micro model31/12/201729/06/201802/08/2018DutchPDF
Abridged model31/12/201614/03/201710/08/2017DutchPDF
Abridged model31/12/201523/03/201623/03/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 3 active · 10 ended

Active mandates

Idris Kirtan

Director · since 01 mai 2025

Active
Ahmet Sahin

Director · since 29 décembre 2022

Active
DEDE

Director · since 29 décembre 2022 · until 30 avril 2025 · 0715.747.360

Represented by Idris KIRTAN

Active

Ended mandates

DEDE

Director · since 29 décembre 2022 · 0715.747.360

Represented by Idris KIRTAN

Ended
DEDE

Director · since 29 décembre 2022 · 0715.747.360

Represented by Idris Kirtan

Ended
Osman Gömeç

Manager · since 01 octobre 2018

Ended
Ahmet Sahin

Director · since 26 avril 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/06/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares15/05/2018
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other20/03/2014
    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 202535,7 k €↓
  2. 2024
    Annual accounts 202436,8 k €↑
  3. 2023
    Annual accounts 202310,6 k €↓
  4. 2022
    Annual accounts 202231,7 k €↑
  5. 2021
    Annual accounts 202111,4 k €↑
  6. 2020
    Annual accounts 20202,9 k €↓
  7. 2019
    Annual accounts 201918,4 k €↑
  8. 2018
    Annual accounts 2018-91,9 k €↓
  9. 2017
    Annual accounts 201768,1 k €↑
  10. 2016
    Annual accounts 201618,4 k €↓
  11. 2015
    Annual accounts 201529,8 k €
  12. 18/03/2014
    IncorporationPrivate limited company