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TIM CONSTRUCT

In bankruptcy Private limited companyfounded 2019Luxemburgstraat 20, 9140 TemseKBO/BCE: BE 0738.538.402
TIM CONSTRUCT
Financial year 2024
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Annual accounts 2024

micro format, filed on 18-06-2025, 43 days before the deadline
€28,052
▼ 59.9%
-€31,317
▼ €39,168
-€46,577
▼ €52,539
€76,415
▼ 38.1%
81.4%
▲ 13.5 percentage points
4.92
▲ 1.94

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €190,000. Estimated: probably between €110,000 and €350,000.

Balance sheet

balance sheet total €104,786 on 31-12-2024
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

81.4%

Higher than 89% of 9,833 companies in 2024.

4.92

Higher than 87% of 9,553 companies in 2024.

-44.4%

Lower than 95% of 9,646 companies in 2024.

TIM CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

€41,759

Staff costs divided by the average number of full-time equivalents.

-1 person

people who joined people who left

In 2024, 1 person joined and 2 left. Training hours in 2024: 70.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20242023202220212020
Balance sheet: assets
20/58 104,786194,229236,855247,790101,372
21/28 8,8688,31311,99330,98135,107
22/27 6,5686,0139,69328,68135,107
23 1,523----
24 5,0456,0139,69328,68135,107
28 2,3002,3002,3002,300-
29/58 95,919185,917224,862216,80966,265
29 0140,000---
291 0140,000---
3 ---02,564
30/36 ---02,564
40/41 61,36032,949187,801182,14656,717
40 33,22026,41729,74248,7581,939
41 28,1406,532158,060133,38854,778
54/58 34,4356,94308435,988
490/1 1236,02537,06133,820995
Balance sheet: equity and liabilities
10/49 104,786194,229236,855247,790101,372
10/15 85,283131,859125,897110,35568,344
10/11 1,5001,5001,5001,5001,500
13 130,359130,359124,397108,85566,844
133 130,359130,359124,397108,85566,844
14 -46,577----
17/49 19,50462,370110,958137,43533,027
17 -012,37830,63410,148
170/4 -012,37830,63410,148
42/48 19,50462,37098,580106,80122,879
42 012,37818,25617,8902,600
43 -07,975947-
430/8 -07,975947-
44 12,71327,36414,02023,3484,074
440/4 12,71327,36414,02023,3484,074
46 -037,63133,698-
45 6,16913,03020,69730,91816,205
450/3 3,84111,80020,42430,00611,455
454/9 2,3281,2302739124,750
47/48 6219,598---
Income statement
9900 28,05269,878139,672111,819102,420
62 29,23151,03356,29136,817-
630 3,6553,2133,6674,6156,072
631/4 24,4314,57043,436--
640/8 2,0522,7441,5262,133626
66A 04672,2794,5423,000
9901 -31,3177,85132,47463,71292,722
75/76B 9686,6293,2303112,373
75 9686,6293,2303112,373
65/66B 15,9685,12011,9992,6182,793
65 15,9685,12011,9992,6182,793
9903 -46,3179,36023,70461,40592,302
67/77 2603,3978,16219,39525,458
9904 -46,5775,96215,54242,01166,844
9905 -46,5775,96215,54242,01166,844
Appropriation of the result
9906 -46,5775,96215,54242,01166,844
691/2 05,96215,54242,01166,844
6921 05,96215,54242,01166,844
Social balance sheet
9087 0.711.21.1-
Hours worked1013 6081,7361,8191,400-
Document PDFPDFPDFPDFPDF

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 18-06-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2024 micro format 18-06-2025 2025-00158102 PDF
31-12-2023 micro format 06-06-2024 2024-00112776 PDF
31-12-2022 micro format 08-06-2023 2023-00115526 PDF
31-12-2021 micro format 08-07-2022 2022-20167843 PDF
31-12-2020 micro format 03-07-2021 2021-32200365 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20242023202220212020
-27,66211,06436,14168,32698,794
-42,9229,17519,20946,62572,917
4,210-467-15,32119,50543,157
27,4936,943-843-5,145-
76,415123,547126,282110,00943,385
81.4%67.9%53.2%44.5%67.4%
4.922.982.282.032.90
4.922.982.282.032.78
0.230.470.881.250.48
-54.6%4.5%12.3%38.1%97.8%
-44.4%3.1%6.6%17.0%65.9%
-1.732.163.0126.10-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date0112
full-time0112
part-time0000
in full-time equivalents0112
0.711.21.1
On a permanent contract0112
Joined1-13
Left2-01
Training hours70--155

Source: social balance sheet in the 2021 to 2024 annual accounts

Investments

fixed assets acquired
Item2024202320222021
Tangible fixed assets€4,210--€17,205
Financial fixed assets---€2,300
€3,655€3,213€3,667€4,615

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Insights on TIM CONSTRUCT

The operating result for 2024 is a loss of €31,317, after a profit of €7,851 in 2023. It is the lowest result since 2020.

Debt's share of the balance-sheet total falls from 32.1% to 18.6%. Equity and debt are lower.

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