NORMAL SITUATION

TimoTec

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Financial year 2021 · closed on 31/12/2021
Net result
52,7 k €
+304.3% YoY
Gross margin
96,9 k €
+126.6% YoY
Equity
101,8 k €
+107.3% YoY

Company — Normal situation.

What does TimoTec do?

TimoTec is a company registered in Belgium.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0674.679.639
Legal form
Private company with limited liability
Contributed capital
18 550,00 €
Latest accounts
31/12/2021
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 5 financial years

20212020201920182017
Income statement
Gross margin96,9 k €42,8 k €36,6 k €37,4 k €13,1 k €
EBITDA96,4 k €42,2 k €35,2 k €36,6 k €13 k €
Operating result83,5 k €17,6 k €-9,8 k €32,3 k €11,3 k €
Net result52,7 k €13 k €-13,2 k €23,7 k €7,8 k €
Balance sheet
Equity101,8 k €49,1 k €36,1 k €49,3 k €26,3 k €
Total assets102 k €316,9 k €335,6 k €62,7 k €34 k €
Cash53,5 k €15,3 k €27,7 k €8,1 k €8,6 k €
Debts184,2 €267,8 k €299,5 k €13,3 k €7,7 k €
Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 2 ended

Active mandates

Timothy De Keulenaer

bestuurder

Active

Ended mandates

Timothy De Keulenaer

Director

Ended
Timothy De Keulenaer

Manager

Ended
Annual accounts

Full financial information

20212020201920182017
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202101/01/202001/01/201901/01/201818/04/2017
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months9 months
Filing date29/07/202230/06/202128/06/202027/06/201926/07/2018
General meeting15/02/202231/05/202130/05/202031/05/201931/05/2018
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202115/02/202229/07/2022DutchPDF
Micro model31/12/202031/05/202130/06/2021DutchPDF
Micro model31/12/201930/05/202028/06/2020DutchPDF
Micro model31/12/201831/05/201927/06/2019DutchPDF
Micro model31/12/201731/05/201826/07/2018DutchPDF
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 31/12/2021 · 1 active · 2 ended

Active mandates

Timothy De Keulenaer

bestuurder

Active

Ended mandates

Timothy De Keulenaer

Director

Ended
Timothy De Keulenaer

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

Timeline

  1. 2021
    Annual accounts 202152,7 k €↑
  2. 2020
    Annual accounts 202013 k €↑
  3. 2019
    Annual accounts 2019-13,2 k €↓
  4. 2018
    Annual accounts 201823,7 k €↑
  5. 2017
    Annual accounts 20177,8 k €