ACTIVE

TIMECH

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Financial year 2025 · closed on 30/06/2025

Net result

90,9 k €

-2.2% YoY

Gross margin

384,5 k €

+5.5% YoY

Equity

479,3 k €

+1.8% YoY

Workforce

3,7 ETP

+8.8% YoY

What does TIMECH do?

TIMECH is a Private limited company incorporated in 2008. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Kalmthout. It employs on average 3,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0808.074.435

Incorporation

19/11/2008

Legal form

Private limited company

Registered office

Essensteenweg (Nm) 94
2920 Kalmthout · FlandreSee on map

Contributed capital

145 000,00 €

Latest accounts

30/06/2025

Average workforce

3,7 ETP

Activities (NACE)

45113Sale of cars and light motor vehicles· main 46610Wholesale of agricultural machinery, equipment and supplies 46610Wholesale of agricultural machinery, equipment and supplies 47811Retail sale via stalls and markets of food, beverages and tobacco products 45201Maintenance and repair of motor vehicles 45204Maintenance and repair of motor vehicles+2

Joint committees (2)

14904
218

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 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	384,5 k €	+5.5%	364,5 k €	+36.0%	268,1 k €	-5.7%	284,2 k €	-13.8%	329,5 k €	+9.3%	301,4 k €	+28.3%	234,9 k €	+5.3%	223,0 k €	-0.8%	224,9 k €	+3.1%	218,1 k €	-13.8%	253,1 k €	+19.0%	212,7 k €	-12.0%	241,6 k €	+3.7%	233,0 k €	+46.4%	159,2 k €	-44.6%	287,4 k €
EBITDA	173,5 k €	+0.3%	173,0 k €	+90.3%	90,9 k €	-16.2%	108,5 k €	-24.6%	143,9 k €	+21.7%	118,2 k €	+7.7%	109,8 k €	-0.5%	110,3 k €	-1.8%	112,2 k €	+16.2%	96,6 k €	-6.0%	102,8 k €	+67.8%	61,2 k €	-42.6%	106,7 k €	-22.3%	137,2 k €	+78.8%	76,8 k €	-48.9%	150,2 k €
Operating result	134,5 k €	-4.0%	140,1 k €	+113%	65,8 k €	-26.6%	89,7 k €	-29.1%	126,6 k €	+16.1%	109,0 k €	+20.2%	90,7 k €	+10.4%	82,1 k €	-9.6%	90,9 k €	+28.1%	70,9 k €	-6.9%	76,2 k €	+159%	29,4 k €	-55.3%	65,8 k €	-22.4%	84,8 k €	+119%	38,7 k €	-49.4%	76,4 k €
Net result	90,9 k €	-2.2%	93,0 k €	+113%	43,6 k €	-30.4%	62,6 k €	-34.1%	95,0 k €	+24.3%	76,4 k €	+22.9%	62,2 k €	+19.2%	52,2 k €	-10.2%	58,1 k €	+17.2%	49,6 k €	+1.8%	48,7 k €	+153%	19,2 k €	-59.8%	47,8 k €	-12.2%	54,5 k €	+149%	21,9 k €	-53.6%	47,1 k €
Balance sheet
Equity	479,3 k €	+1.8%	470,8 k €	+2.5%	459,2 k €	+2.5%	448,0 k €	+7.9%	415,1 k €	+16.9%	355,2 k €	+14.2%	311,2 k €	-22.5%	401,4 k €	-2.3%	410,9 k €	+1.0%	406,8 k €	+5.9%	384,2 k €	+14.5%	335,5 k €	+6.1%	316,3 k €	+17.8%	268,4 k €	+25.5%	213,9 k €	+11.4%	192,1 k €
Total assets	1,2 M €	+38.4%	869,5 k €	-15.3%	1,0 M €	+15.3%	890,3 k €	+11.5%	798,5 k €	-3.7%	829,3 k €	+41.8%	584,6 k €	+3.5%	564,6 k €	-10.4%	630,5 k €	-15.1%	742,9 k €	+21.0%	614,1 k €	+8.1%	568,2 k €	+6.4%	533,9 k €	-12.3%	608,7 k €	+15.7%	525,9 k €	+12.2%	468,6 k €
Cash	220,5 k €	+71.6%	128,5 k €	+129%	56,1 k €	+61.6%	34,7 k €	-78.7%	163,1 k €	-7.3%	175,9 k €	+27.9%	137,5 k €	+69.3%	81,2 k €	-46.8%	152,6 k €	+35.2%	112,9 k €	-29.2%	159,4 k €	+378%	33,3 k €	-72.2%	119,9 k €	-6.2%	127,9 k €	+15.4%	110,8 k €	-8.0%	120,4 k €
Debts	723,7 k €	+81.5%	398,7 k €	-29.7%	567,1 k €	+28.2%	442,3 k €	+15.4%	383,4 k €	-19.1%	474,1 k €	+73.4%	273,5 k €	+67.5%	163,2 k €	-25.7%	219,6 k €	-34.7%	336,1 k €	+46.2%	229,9 k €	-1.2%	232,7 k €	+6.9%	217,6 k €	-36.0%	340,3 k €	+9.1%	312,0 k €	+12.8%	276,5 k €
Other
Workforce	3,7 ETP	+8.8%	3,4 ETP	-15.0%	4,0 ETP	-7.0%	4,3 ETP	0.0%	4,3 ETP	-4.4%	4,5 ETP	+32.4%	3,4 ETP	+9.7%	3,1 ETP	+63.2%	1,9 ETP	-20.8%	2,4 ETP	-20.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+57.9%	1,9 ETP	-5.0%	2,0 ETP	+17.6%	1,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 11 ended

Active mandates

Greet Jacobs

Director

Active

VADITECH

Director · 0644.391.190

Represented by Jurgen Van Dijck

Active

Ended mandates

Greet Leonia W Jacobs

Manager · since 22 avril 2016

Ended

VADITECH

Manager · since 22 avril 2016 · 0644.391.190

Represented by Jürgen Van Dijck

Ended

Elza Van Loon

Manager · since 19 novembre 2008

Ended

Jozef Tilborghs

Manager · since 19 novembre 2008

Ended

At this address

Other companies at this address

Company	CBE no.
VaDi● Active	1030.019.442
VADITECH● Active	0644.391.190
VATI-BE● Active	0719.769.890

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/12/2025	14/11/2024	05/12/2023	06/12/2022	24/12/2021	23/12/2020
General meeting	02/12/2025	14/11/2024	27/11/2023	05/12/2022	20/12/2021	22/12/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	02/12/2025	12/12/2025	Dutch	PDF
Abridged model	30/06/2024	14/11/2024	14/11/2024	Dutch	PDF
Abridged model	30/06/2023	27/11/2023	05/12/2023	Dutch	PDF
Abridged model	30/06/2022	05/12/2022	06/12/2022	Dutch	PDF
Abridged model	30/06/2021	20/12/2021	24/12/2021	Dutch	PDF
Abridged model	30/06/2020	22/12/2020	23/12/2020	Dutch	PDF
Abridged model	30/06/2019	03/12/2019	31/12/2019	Dutch	PDF
Abridged model	30/06/2018	03/12/2018	19/12/2018	Dutch	PDF
Abridged model	30/06/2017	04/12/2017	22/12/2017	Dutch	PDF
Abridged model	30/06/2016	05/12/2016	30/12/2016	Dutch	PDF
Abridged model	30/06/2015	07/12/2015	15/12/2015	Dutch	PDF
Abridged model	30/06/2014	01/12/2014	10/12/2014	Dutch	PDF
Abridged model	30/06/2013	02/12/2013	30/12/2013	Dutch	PDF
Abridged model	30/06/2012	03/12/2012	10/01/2013	Dutch	PDF
Abridged model	30/06/2011	05/12/2011	06/12/2011	Dutch	PDF
Abridged model	30/06/2010	06/12/2010	30/12/2010	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 11 ended

Active mandates

Greet Jacobs

Director

Active

VADITECH

Director · 0644.391.190

Represented by Jurgen Van Dijck

Active

Ended mandates

Greet Leonia W Jacobs

Manager · since 22 avril 2016

Ended

VADITECH

Manager · since 22 avril 2016 · 0644.391.190

Represented by Jürgen Van Dijck

Ended

Elza Van Loon

Manager · since 19 novembre 2008

Ended

Jozef Tilborghs

Manager · since 19 novembre 2008

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/05/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/05/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/10/2009
KAPITAAL - AANDELEN
PDF
Other08/12/2008
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

2025
Annual accounts 202590,9 k €↓
2024
Annual accounts 202493,0 k €↑
2023
Annual accounts 202343,6 k €↓
2022
Annual accounts 202262,6 k €↓
2021
Annual accounts 202195,0 k €↑
2020
Annual accounts 202076,4 k €↑
2019
Annual accounts 201962,2 k €↑
2018
Annual accounts 201852,2 k €↓
2017
Annual accounts 201758,1 k €↑
2016
Annual accounts 201649,6 k €↑
2015
Annual accounts 201548,7 k €↑
2014
Annual accounts 201419,2 k €↓
2013
Annual accounts 201347,8 k €↓
2012
Annual accounts 201254,5 k €↑
2011
Annual accounts 201121,9 k €↓
2010
Annual accounts 201047,1 k €
19/11/2008
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TIMECH

Overview

What does TIMECH do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline