ACTIVE

TIM SMITS

Financial year 2025 · Closed on 31/12/2025

Net result25,9 k €-58,3 %over 1 year
Gross margin47,9 k €-46,7 %over 1 year
Equity186,8 k €+16,1 %over 1 year

Identity

Source · BCE/KBO

TIM SMITS is a Private limited company incorporated in 2019. Its main activity is: Computer programming activities. Its registered office is in Kalmthout.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0723.431.740
Incorporation
21/03/2019
Legal form
Private limited company
Registered office
Van Dammedreef (Heide) 7
2920 Kalmthout · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20252024202320222021
Income statement
Gross margin47,9 k €89,8 k €61,7 k €67,6 k €63,3 k €
EBITDA46,7 k €88,4 k €60,3 k €66,9 k €62,8 k €
Operating result34 k €79,5 k €58,4 k €65,3 k €61,7 k €
Net result25,9 k €62,2 k €44,8 k €49,4 k €47,2 k €
Balance sheet
Equity186,8 k €160,9 k €98,7 k €167,7 k €118,3 k €
Total assets205,7 k €200,4 k €123,4 k €202,2 k €148,3 k €
Cash41,7 k €26 k €88,3 k €152,2 k €118 k €
Debts18,9 k €39,3 k €24,6 k €34,6 k €30 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriod
Tim Smits
DirectorManager2019 accountsended

Full financial information

Source · NBB
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 date25/06/202608/07/202525/07/202430/08/202330/08/202227/08/2021
General meeting29/05/202630/05/202530/06/202426/05/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/05/202625/06/2026DutchPDF
Micro model31/12/202430/05/202508/07/2025DutchPDF
Micro model31/12/202330/06/202425/07/2024DutchPDF
Micro model31/12/202226/05/202330/08/2023DutchPDF
Micro model31/12/202127/05/202230/08/2022DutchPDF
Micro model31/12/202028/05/202127/08/2021DutchPDF
Micro model31/12/201929/05/202031/07/2020DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriod
Tim Smits
DirectorManager2019 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/10/2023
    WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN,
    PDF
  • Other25/03/2019
    OPRICHTING ( NIEUWE RECHTSPERSOON, OPENING
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings7 filings
Mandates
Tim Smits
20192020202120222023202420252026
TIM SMITS
Van Dammedreef (Heide) 7, 2920 Kalmthout
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Van Dammedreef (Heide) 7, 2920 KalmthoutCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00196762

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
TIM SMITSCurrent
accounts 2019 → 2025
Accounts 2025 · 2026-00196762

Events

  1. 2025
    Annual accounts 202525,9 k €↓
  2. 2024
    Annual accounts 202462,2 k €↑
  3. 2023
    Annual accounts 202344,8 k €↓
  4. 2022
    Annual accounts 202249,4 k €↑
  5. 2021
    Annual accounts 202147,2 k €↑
  6. 2020
    Annual accounts 202021,6 k €↓
  7. 2019
    Annual accounts 201937,1 k €
  8. 21/03/2019
    IncorporationPrivate limited company