ACTIVE

TIMCO

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Financial year 2025 · closed on 30/06/2025
Net result
3,7 k €
-80.9% YoY
Gross margin
178 k €
+33.5% YoY
Equity
135 k €
-11.4% YoY

What does TIMCO do?

TIMCO is a Private limited company incorporated in 2017. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Rotselaar.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0683.834.162
Incorporation
30/10/2017
Legal form
Private limited company
Registered office
Leuvensebaan 6
3110 Rotselaar · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
30/06/2025
Activities (NACE)
43222Plumbing, heat and air-conditioning installation· main43222Plumbing, heat and air-conditioning installation33110Repair of fabricated metal products33110Repair of fabricated metal products43211Electrical installation43211Electrical installation+6
Joint committees (1)
  • 14901
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin178 k €133,4 k €157,2 k €122 k €95 k €93 k €54,2 k €
EBITDA28 k €53,2 k €92 k €42,9 k €60,1 k €92,2 k €29,7 k €
Operating result9 k €30,4 k €67,5 k €21,7 k €40,3 k €71,1 k €6,6 k €
Net result3,7 k €19,2 k €50,2 k €17,4 k €26,7 k €49,2 k €3,4 k €
Balance sheet
Equity135 k €152,3 k €133,1 k €82,9 k €65,5 k €58,8 k €9,6 k €
Total assets332,7 k €320,5 k €304,1 k €205,6 k €189,9 k €218,8 k €143 k €
Cash74,2 k €81,1 k €117 k €45 k €25,8 k €59 k €20,4 k €
Debts197,7 k €168,2 k €171 k €122,7 k €123,2 k €138,1 k €127,2 k €
Other
Workforce–1,6 ETP2,5 ETP1,8 ETP1,0 ETP–1,0 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 30/06/2025 · 1 active · 3 ended

Active mandates

Tim Vroom

Director

Active

Ended mandates

Tim Vroom

Manager

Ended
Walter Van Malcot

Director

Ended
Walter Van Malcot

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
LS FREELANCING● Active
0716.746.757
TIMCO● Active
0675.663.495
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/02/202629/01/202524/01/202421/01/202327/01/202229/01/2021
General meeting05/12/202506/12/202401/12/202302/12/202203/12/202104/12/2020
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202505/12/202523/02/2026DutchPDF
Abridged model30/06/202406/12/202429/01/2025DutchPDF
Abridged model30/06/202301/12/202324/01/2024DutchPDF
Abridged model30/06/202202/12/202221/01/2023DutchPDF
Abridged model30/06/202103/12/202127/01/2022DutchPDF
Abridged model30/06/202004/12/202029/01/2021DutchPDF
Abridged model30/06/201906/12/201914/02/2020DutchPDF
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 30/06/2025 · 1 active · 3 ended

Active mandates

Tim Vroom

Director

Active

Ended mandates

Tim Vroom

Manager

Ended
Walter Van Malcot

Director

Ended
Walter Van Malcot

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/02/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other03/11/2017
    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 20253,7 k €↓
  2. 2024
    Annual accounts 202419,2 k €↓
  3. 2023
    Annual accounts 202350,2 k €↑
  4. 2022
    Annual accounts 202217,4 k €↓
  5. 2021
    Annual accounts 202126,7 k €↓
  6. 2020
    Annual accounts 202049,2 k €↑
  7. 2019
    Annual accounts 20193,4 k €
  8. 30/10/2017
    IncorporationPrivate limited company