ACTIVE

TIMU

Financial year 2025 · closed on 31/12/2025
Net result
48,6 k €
+107.0% YoY
Gross margin
102 k €
+38.4% YoY
Equity
253,9 k €
+23.7% YoY

What does TIMU do?

TIMU is a Private limited company incorporated in 2018. Its registered office is in Bilzen-Hoeselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0713.895.452
Incorporation
26/11/2018
Legal form
Private limited company
Registered office
Eikerweg 80
3740 Bilzen-Hoeselt · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212019
Income statement
Gross margin102 k €73,6 k €81,7 k €58,8 k €55,3 k €52,7 k €
EBITDA99,6 k €71,1 k €79,9 k €56,6 k €54,5 k €52,6 k €
Operating result75,3 k €47,4 k €59,4 k €41,7 k €50,8 k €48,1 k €
Net result48,6 k €23,5 k €34,9 k €28,6 k €39,5 k €33,9 k €
Balance sheet
Equity253,9 k €205,3 k €181,9 k €146,9 k €118,4 k €52,5 k €
Total assets526,3 k €474,8 k €513,4 k €310 k €149,8 k €87,7 k €
Cash71,1 k €14,5 k €34,8 k €63,2 k €104,8 k €79,8 k €
Debts259 k €259,4 k €320,2 k €158,7 k €30,9 k €35,2 k €
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 31/12/2025 · 1 active · 1 ended

Active mandates

Tim Muermans

Director

Active

Ended mandates

Tim Muermans

Director · since 26 novembre 2018

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date22/06/202603/06/202524/06/202420/07/202322/08/202206/08/2021
General meeting22/06/202602/06/202520/06/202420/07/202309/08/202204/08/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202522/06/202622/06/2026DutchPDF
Micro model31/12/202402/06/202503/06/2025DutchPDF
Micro model31/12/202320/06/202424/06/2024DutchPDF
Micro model31/12/202220/07/202320/07/2023DutchPDF
Micro model31/12/202109/08/202222/08/2022DutchPDF
Micro model31/12/202004/08/202106/08/2021DutchPDF
Micro model31/12/201915/05/202028/07/2020DutchPDF
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 31/12/2025 · 1 active · 1 ended

Active mandates

Tim Muermans

Director

Active

Ended mandates

Tim Muermans

Director · since 26 novembre 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Other28/11/2018
    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 202548,6 k €
  2. 2024
    Annual accounts 202423,5 k €
  3. 2023
    Annual accounts 202334,9 k €
  4. 2022
    Annual accounts 202228,6 k €
  5. 2021
    Annual accounts 202139,5 k €
  6. 2019
    Annual accounts 201933,9 k €
  7. 26/11/2018
    IncorporationPrivate limited company