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TIM-U

Inactive KBO/BCE: BE 0833.128.446
TIM-U
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Overview

Lifetime

5 annual accounts with figures on one time axis
peak €38,942 (2018)
-€3,639▼ €42,581
lowest -€14,924 (2011)
€1,329▼ 95.4%
peak €43,089 (2019)
€43,089▲ 3.2%
€10,930▼ 19.2%
Board2 names since 2019
- 
Documentsfilings and deeds
31-03-2020122 days before the deadline
2019micro format
Turnover from €40,585 to €445Gross margin from €38,942 to -€3,639Result from €29,056 to €1,329Registered office moved from Genk to Geel 18-12Strikeout withdrawal 18-10Debts from €13,520 to €10,930

Key points

from the 2019 annual accounts, the last ones filed

Payment terms

44,288 days from customers
Customers
497 to 44288

Customers pay 43,791 days later.

Filings

5 annual accounts 4 late
AprilJune31 JulyOctober2015

The 2011 accounts came latest: 91 days after the end of the period.

No score

Board and ownership

last known board
RB
Rozentulp Beheer BVBA
Manager, until 2019
VY
Velev Yordan
Manager, last mentioned in 2019
Board & ownership

Recent changes

Bankruptcy closure (insufficient assets) Enterprise Court of Antwerp, Turnhout division · judgment of 20-02-2024 · Bankruptcy
Bankruptcy published Enterprise Court of Antwerp, Turnhout division · judgment of 31-01-2023 · Bankruptcy
Judicial dissolution, liquidator appointed Enterprise Court of Antwerp, Turnhout division · Draulans Senne · judgment of 25-10-2022 · Bankruptcy
Registered office moved from Genk to Geel New registered office: Rauwelkoven 87 T-2440 Geel · Previous registered office: HEMELRIJK 5 BUS 33-3600 GENK · Appointment: Velev Yordan (manager) · General meeting of 01-12-2019 · Gazette deed
All 14 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 27-01-2011 · bankruptcy closed on 20-02-2024
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2019

€445▼ 98.9%
€1,329▼ 95.4%
€43,089▲ 3.2%
€54,020▼ 2.3%
Filing
Filed on 31-03-2020
Financials

Insights on TIM-U

On 31 January 2023 the court declared TIM-U bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2019

micro format, filed on 31-03-2020, 122 days before the deadline
€445
▼ 98.9%
-€3,701
▼ €42,581
-
-
79.8%
▲ 4.2 percentage points
4.94
▲ 0.85

Money flows

turnover is 7.8% of income in 2019

Balance sheet

balance sheet total €54,020 on 31-12-2019
What the company ownsHow it is paid for

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20192018201720162011
Balance sheet: assets
20/58 54,02055,28115,46016,04520,941
20 ----1,958
21/28 ----3,092
22/27 ----1,134
26 ----1,134
29/58 54,02055,28115,46016,04517,850
3 ----12,426
30/36 ----12,426
40/41 53,98655,28115,46016,0452,866
41 53,98655,28115,46016,0452,866
54/58 34---2,558
Balance sheet: equity and liabilities
10/49 54,02055,28115,46016,04520,941
10/15 43,08941,76012,70413,5123,676
10/11 18,60018,60018,60018,60018,600
100 18,60018,60018,60018,60018,600
13 29,05629,056---
133 29,05629,056---
14 -4,567-5,896-5,896-5,088-14,924
17/49 10,93013,5202,7562,53317,265
42/48 10,93013,5202,7562,53311,593
43 -1,2151,1611,223-
430/8 -1,2151,1611,223-
44 61611,1508653,940
440/4 61611,1508653,940
45 10,87012,245445445615
450/3 10,87012,245445445615
47/48 ----7,038
492/3 ----5,672
Income statement
70 44540,585---
9900 -3,63938,942-1,655-2,060-14,303
60/61 4,0841,6431,6552,060-
630 ---489615
640/8 626262124-
9901 -3,70138,880-1,717-2,673-14,919
75/76B 4,3262,1601,123--
75 4,3262,1601,123--
65/66B 2261842152136
65 2261842152136
9903 39940,857-809-2,886-14,924
67/77 -93011,800---
9904 1,32929,056-809-2,886-14,924
9905 1,32929,056-809-2,886-14,924
Appropriation of the result
9906 -4,56723,160-5,896-5,088-14,924
691/2 -29,056---
6921 -29,056---
Document PDFPDFPDFPDFPDF

Source: Annual accounts 2019 (PDF), filed on 31-03-2020.

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
31-12-2019 micro format 31-03-2020 2020-08400470 PDF
31-12-2018 micro format 30-09-2019 2019-67700446 PDF
31-12-2017 micro format 27-09-2018 2018-65900163 PDF
31-12-2016 micro format 14-09-2017 2017-61100046 PDF
31-12-2011 abbreviated format 30-10-2012 2012-62300085 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20192018201720162011
----2,184-14,303
----2,397-14,309
----1,260
43,08941,76012,70413,5126,256
-95.8%---
79.8%75.5%82.2%84.2%17.6%
4.944.095.616.331.54
4.944.095.616.330.47
0.250.320.220.194.70
3.1%69.6%-6.4%-21.4%-406.0%
2.5%52.6%-5.2%-18.0%-71.3%
44288 days497 days---
5 days13 days254 days153 days-

EBIT margin. Not meaningful: turnover is only a small part of operating income.

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.

Insights on TIM-U

The operating result for 2019 is a loss of €3,701, after a profit of €38,880 in 2018. It is the lowest result since 2011.

Debt's share of the balance-sheet total falls from 24.5% to 20.2%. Equity is higher and debt is lower.

Board & ownership

Curator

1 mandate
Senne Draulans
Curator, Veerleseweg 2 Bus 1, 2440 Geel
from 31-01-2023 to 20-02-2024
Also on 73 other cases

Mandates through the years

2 names, the dashed line is today
Velev Yordan
Manager
Rozentulp Beheer BVBA
Manager
Earliermandate already running before its first mentionend not datedBankruptcy 31-01-2023
Mandates as a list
  • Velev Yordan
    • Manager, appointed by deed of 18-12-2019, last mentioned in 2019
  • Rozentulp Beheer BVBA
    • Manager, until 01-12-2019

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€18,600
Source
2019 annual accounts

Office holders in the KBO →

Timeline

Timeline

14 events since 2011
2024
Bankruptcy closure (insufficient assets) Enterprise Court of Antwerp, Turnhout division · judgment of 20-02-2024
2023
Bankruptcy published Enterprise Court of Antwerp, Turnhout division · judgment of 31-01-2023
2022
Judicial dissolution, liquidator appointed Enterprise Court of Antwerp, Turnhout division · Draulans Senne · judgment of 25-10-2022
2020
Annual accounts 2019 filed PDFmicro format · 122 days before the deadline
2019
Registered office moved from Genk to GeelNew registered office: Rauwelkoven 87 T-2440 Geel · Previous registered office: HEMELRIJK 5 BUS 33-3600 GENK · Appointment: Velev Yordan (manager) · General meeting of 01-12-20195 points ▸
  • General meeting, 01-12-2019
  • Director appointment, Velev Yordan (manager)
  • Director resignation, Rozentulp Beheer BVBA (manager)
  • Director discharge, Rozentulp Beheer BVBA
  • Registered-office move, Rauwelkoven 87 T-2440 Geel
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Strikeout withdrawal effective 30-09-2019
Annual accounts 2018 filed PDFmicro format · 61 days late
2018
Back to profit net €29,056 The net result is €29,056, after 3 loss-making years.
Annual accounts 2017 filed PDFmicro format · 58 days late
Registered office moved within GenkNew registered office: Hemelrijk 10-3600 Genk · Previous registered office: MOLENSTRAAT 5 BUS 33-3600 GENK · General meeting of 01-07-20172 points ▸
  • General meeting, 01-07-2017
  • Registered-office move, Hemelrijk 10-3600 Genk
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2017
Annual accounts 2016 filed PDFmicro format · 45 days late
2016
Liquidity more than quadruples current ratio 6.33 The current ratio rises from 1.54 to 6.33. Short-term debt falls from €11,593 to €2,533.
2012
Annual accounts 2011 filed PDFabbreviated format · 91 days late
2011
Incorporation PDF7 publications in the Belgian Official Gazette, the last on 18-12-2019

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

The registered office moved to Genk in 2018 and to Geel in 2019.12 TIM-U has filed 5 sets of annual accounts, the latest for financial year 2019.3 The bankruptcy of the company was declared on 31 January 2023 and closed on 20 February 2024.45

  1. 1Belgian Official Gazette, 03-01-2018
  2. 2Belgian Official Gazette, 18-12-2019
  3. 3National Bank, annual accounts 2019
  4. 4Belgian Official Gazette, 13-02-2023
  5. 5Belgian Official Gazette, 28-02-2024

Company details

Identity

Enterprise number
0833.128.446
VAT number
BE 0833.128.446
Status
Inactive
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
TIM-U

Registered office and establishments

1 former office
  • Hemelrijk 5 Bus 33, 3600 Genk until 01-12-2019 · deed of 18-12-2019

Inactive

TIM-U is no longer in the KBO register.

Last annual accounts
financial year to 31 December 2019
Last registered office
Hemelrijk 10, 3600 Genkas published on 18 December 2019
First annual accounts
financial year 2011
Official KBO record

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