ACTIVE

TIME LINE WATCHES

Financial year 2024 · Closed on 31/12/2024

Net result43,8 k €+115,0 %over 1 year
Gross margin202,8 k €+400,4 %over 1 year
Equity363,2 k €+13,7 %over 1 year
Workforce2,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

TIME LINE WATCHES is a Private company with limited liability incorporated in 2006. Its main activity is: Retail sale of watches and jewellery in specialised stores. Its registered office is in Antwerpen. It employs on average 2,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0882.041.091
Incorporation
23/06/2006
Legal form
Private company with limited liability
Registered office
Pelikaanstraat 4
2018 Antwerpen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
2,0 ETP
Joint committees (2)
  • 201
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin202,8 k €-67,5 k €54,8 k €557,6 k €243 k €
EBITDA80,5 k €-266,5 k €-13,2 k €401,1 k €235,2 k €
Operating result71 k €-276,1 k €-22,2 k €392,7 k €230,3 k €
Net result43,8 k €-291,6 k €-1,3 k €277,6 k €175,5 k €
Balance sheet
Equity363,2 k €319,3 k €610,9 k €612,1 k €334,5 k €
Total assets1,2 M €1,4 M €1,5 M €1,5 M €988,8 k €
Cash60 k €127,8 k €54,9 k €93,9 k €71,5 k €
Debts837,4 k €1,1 M €878,2 k €904,1 k €654,3 k €
Other
Workforce2,0 ETP2,0 ETP1,7 ETP1,0 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 3 ended

Active mandates

Gia NIMRON

Manager

Active

Ended mandates

Izik SHALEV

Manager · since 01 juillet 2015

Ended
Gia NIMRON

Manager · since 14 juin 2006

Ended
Berta NIMRON

Manager

Ended

Other companies at this address

Pelikaanstraat 4 2018 Antwerpen
CompanyCBE no.
0850.329.813
0408.664.265

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/12/202525/09/202429/09/202311/12/202221/10/202130/09/2020
General meeting30/06/202529/06/202430/06/202330/06/202230/06/202130/06/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202508/12/2025DutchPDF
Abridged model31/12/202329/06/202425/09/2024DutchPDF
Abridged model31/12/202230/06/202329/09/2023DutchPDF
Abridged model31/12/202130/06/202211/12/2022DutchPDF
Micro model31/12/202030/06/202121/10/2021DutchPDF
Micro model31/12/201930/06/202030/09/2020DutchPDF
Micro model31/12/201829/06/201929/08/2019DutchPDF
Micro model31/12/201730/06/201823/10/2018DutchPDF
Micro model31/12/201630/06/201715/09/2017DutchPDF
Abridged model31/12/201530/06/201629/07/2016DutchPDF
Abridged model31/12/201430/06/201506/07/2015DutchPDF
Abridged model31/12/201330/06/201429/08/2014DutchPDF
Abridged model31/12/201201/07/201305/08/2013DutchPDF
Abridged model31/12/201101/07/201209/08/2012DutchPDF
Abridged model31/12/201030/06/201106/07/2011DutchPDF
Abridged model31/12/200930/06/201027/08/2010DutchPDF
Abridged model31/12/200830/06/200915/09/2009DutchPDF
Abridged model31/12/200730/06/200829/08/2008DutchPDF
Abridged model31/12/200630/06/200725/09/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 3 ended

Active mandates

Gia NIMRON

Manager

Active

Ended mandates

Izik SHALEV

Manager · since 01 juillet 2015

Ended
Gia NIMRON

Manager · since 14 juin 2006

Ended
Berta NIMRON

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office18/12/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office10/10/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/07/2015
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/03/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other04/07/2006
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202443,8 k €↑
  2. 2023
    Annual accounts 2023-291,6 k €↓
  3. 2022
    Annual accounts 2022-1,3 k €↓
  4. 2021
    Annual accounts 2021277,6 k €↑
  5. 2020
    Annual accounts 2020175,5 k €↑
  6. 2019
    Annual accounts 201958,4 k €↓
  7. 2018
    Annual accounts 201864,4 k €↑
  8. 2017
    Annual accounts 2017-21,4 k €↑
  9. 2016
    Annual accounts 2016-32,8 k €↓
  10. 2015
    Annual accounts 20156,3 k €↑
  11. 2014
    Annual accounts 20144,4 k €↑
  12. 2013
    Annual accounts 20131,9 k €↓
  13. 2012
    Annual accounts 20122,6 k €↓
  14. 2011
    Annual accounts 201115,6 k €↑
  15. 2010
    Annual accounts 20106,4 k €↑
  16. 2009
    Annual accounts 20094,9 k €↓
  17. 2008
    Annual accounts 200811,7 k €↓
  18. 2007
    Annual accounts 200716,9 k €↑
  19. 2006
    Annual accounts 2006965 €
  20. 23/06/2006
    IncorporationPrivate company with limited liability