ACTIVE

TIMELESS

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Financial year 2024 · closed on 31/12/2024

Net result

25,2 k €

-71.7% YoY

Gross margin

234,7 k €

+32.1% YoY

Equity

603,8 k €

+4.4% YoY

What does TIMELESS do?

TIMELESS is a Public limited company incorporated in 2009. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Sprimont.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0809.679.784

Incorporation

09/02/2009

Legal form

Public limited company

Registered office

Rue de Beaufays 63B
4140 Sprimont · WallonieSee on map

Contributed capital

62 445,00 €

Latest accounts

31/12/2024

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	234,7 k €	+32.1%	177,6 k €	-4.2%	185,5 k €	+219%	58,2 k €	-89.9%	575,9 k €	+34.0%	429,9 k €	+50.6%	285,4 k €	+67.7%	170,2 k €		–		–		164,4 k €	-3.5%	170,4 k €	-38.3%	276,2 k €	-44.9%	500,9 k €
EBITDA	45,2 k €	-58.5%	109 k €	-11.2%	122,7 k €	+631%	-23,1 k €	-113%	184,9 k €	+50.1%	123,2 k €	-9.2%	135,7 k €	+19.8%	113,3 k €	+37.6%	82,4 k €	-10.3%	91,8 k €	-16.4%	109,8 k €	-8.5%	120 k €	-42.7%	209,5 k €	-7.9%	227,5 k €
Operating result	43,3 k €	-59.4%	106,7 k €	-11.4%	120,4 k €	+551%	-26,7 k €	+82.8%	-155,2 k €	-926%	-15,1 k €	-130%	49,7 k €	+38.8%	35,8 k €	+2756%	-1,3 k €	-125%	5,3 k €	-87.3%	41,6 k €	-20.0%	52 k €	-67.5%	160,1 k €	+0.8%	158,8 k €
Net result	25,2 k €	-71.7%	89,1 k €	-22.8%	115,5 k €	+392%	-39,5 k €	+78.1%	-180,1 k €	-337%	-41,2 k €	-226%	32,7 k €	+38.4%	23,7 k €	+192%	-25,8 k €	-93.7%	-13,3 k €	-837%	1,8 k €	-72.2%	6,5 k €	-93.0%	92,7 k €	+16.4%	79,6 k €
Balance sheet
Equity	603,8 k €	+4.4%	578,6 k €	+18.2%	489,5 k €	-55.2%	1,1 M €	+132%	472 k €	-27.6%	652,1 k €	-6.0%	694 k €	+4.7%	662,6 k €	+3.5%	640,3 k €	-4.1%	667,4 k €	-2.1%	682 k €	+0.1%	681,6 k €	+0.8%	676,4 k €	+15.6%	585,1 k €
Total assets	1,5 M €	+4.4%	1,5 M €	-5.8%	1,5 M €	-25.3%	2,1 M €	-43.2%	3,6 M €	+72.9%	2,1 M €	+44.1%	1,5 M €	+20.9%	1,2 M €	-5.3%	1,3 M €	-7.8%	1,4 M €	-0.7%	1,4 M €	-5.9%	1,5 M €	-4.4%	1,6 M €	-8.1%	1,7 M €
Cash	808 €	-99.0%	83,7 k €	-22.6%	108,1 k €	+48.2%	72,9 k €	-67.2%	222,7 k €	+424%	42,5 k €	-13.8%	49,3 k €	+603%	7 k €	-21.8%	9 k €	-11.9%	10,2 k €	+214%	3,2 k €	+124%	1,4 k €	-92.1%	18,2 k €	-72.0%	64,9 k €
Debts	915,7 k €	+4.1%	879,5 k €	-16.9%	1,1 M €	+8.2%	978,3 k €	-69.2%	3,2 M €	+119%	1,4 M €	+88.2%	769,1 k €	+40.4%	547,9 k €	-11.6%	619,9 k €	-12.9%	712 k €	-0.5%	715,3 k €	-11.0%	803,5 k €	-8.4%	877 k €	-17.0%	1,1 M €
Other
Workforce	–		–		0,0 ETP		–		6,7 ETP	+34.0%	5,0 ETP	+117%	2,3 ETP		–		–		–		–		–		–		2,1 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 31/12/2024 · 1 active · 26 ended

Active mandates

TIMELESS

Mandate · 0809.679.784

Represented by OLIVIER BARVAUX

Active

Ended mandates

INVEST 4

Managing director · since 01 juillet 2022 · until 01 juillet 2028 · 0460.286.477

Represented by Serge BARVAUX

Ended

Laurent BARVAUX

Director · since 01 juillet 2022 · until 01 juillet 2028

Ended

Olivier BARVAUX

Director · since 01 juillet 2022 · until 01 juillet 2028

Ended

INVEST 4

Managing director · since 17 juin 2022 · until 16 juin 2028 · 0460.286.477

Represented by Serge BARVAUX

Ended

At this address

Other companies at this address

Company	CBE no.
LEASE CLUB● Active	0771.371.912

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2025	22/08/2024	31/08/2023	30/08/2022	31/08/2021	21/01/2021
General meeting	20/06/2025	01/07/2024	31/08/2023	30/08/2022	31/08/2021	31/10/2020
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
Micro model	31/12/2024	20/06/2025	29/08/2025	French	PDF
Abridged model	31/12/2023	01/07/2024	22/08/2024	French	PDF
Abridged model	31/12/2022	31/08/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	30/08/2022	30/08/2022	French	PDF
Abridged model	31/12/2020	31/08/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	31/10/2020	21/01/2021	French	PDF
Abridged model	31/12/2018	28/08/2019	29/08/2019	French	PDF
Abridged model	31/12/2017	15/06/2018	28/08/2018	French	PDF
Abridged model	31/12/2016	16/06/2017	28/08/2017	French	PDF
Full model	31/12/2015	17/06/2016	26/08/2016	French	PDF
Full model	31/12/2014	19/06/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	20/06/2014	26/08/2014	French	PDF
Abridged model	31/12/2012	21/06/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	15/06/2012	29/08/2012	French	PDF
Abridged model	31/12/2010	17/06/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	18/06/2010	31/08/2010	French	PDF

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 31/12/2024 · 1 active · 26 ended

Active mandates

TIMELESS

Mandate · 0809.679.784

Represented by OLIVIER BARVAUX

Active

Ended mandates

INVEST 4

Managing director · since 01 juillet 2022 · until 01 juillet 2028 · 0460.286.477

Represented by Serge BARVAUX

Ended

Laurent BARVAUX

Director · since 01 juillet 2022 · until 01 juillet 2028

Ended

Olivier BARVAUX

Director · since 01 juillet 2022 · until 01 juillet 2028

Ended

INVEST 4

Managing director · since 17 juin 2022 · until 16 juin 2028 · 0460.286.477

Represented by Serge BARVAUX

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office18/06/2026
SIEGE SOCIAL
PDF
Other16/04/2026
OBJET
PDF
Mandates09/12/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION
PDF
Mandates03/12/2024
DEMISSIONS, NOMINATIONS
PDF
Restructuring27/07/2021
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring14/07/2020
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates09/11/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates13/03/2015
DEMISSIONS, NOMINATIONS
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

2024
Annual accounts 202425,2 k €↓
2024
Name changeTIMELESS
2023
Annual accounts 202389,1 k €↓
2022
Annual accounts 2022115,5 k €↑
2021
Annual accounts 2021-39,5 k €↑
2021
Name changeCARROSSERIE DES VENNES
2019
Annual accounts 2019-180,1 k €↓
2018
Annual accounts 2018-41,2 k €↓
2017
Annual accounts 201732,7 k €↑
2016
Annual accounts 201623,7 k €↑
2015
Annual accounts 2015-25,8 k €↓
2014
Annual accounts 2014-13,3 k €↓
2013
Annual accounts 20131,8 k €↓
2012
Annual accounts 20126,5 k €↓
2011
Annual accounts 201192,7 k €↑
2010
Annual accounts 201079,6 k €
09/02/2009
IncorporationPublic 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

TIMELESS

Overview

What does TIMELESS do?

Trend over 14 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