TIMACO

Dissolved and wound up on 16-12-2025 KBO/BCE: BE 0817.870.247

TIMACO

Follow Report

Overview

Lifetime

15 annual accounts with figures on one time axis

peak €46,744 (2017)

€29,675▲ €32,929

lowest -€180,440 (2021)

€29,119▲ €38,980

peak €22,431 (2020)

-€148,558▲ €29,119

€162,335▼ 17.1%

Board2 names since 2009

1 directorMoors Christel

Documentsfilings and deeds

22-08-202522 days late

2024micro format

Gross margin from -€3,254 to €29,675Back to profit: €29,119Equity from -€177,677 to -€148,558Debts from €195,751 to €162,335

Key points

from the 2024 annual accounts, the last ones filed

Filings

15 annual accounts since 2010

Six of the last ten came late. The 2019 accounts came latest: 66 days after the end of the period.

No score

Board and ownership

last known board

Moors Christel

Director, until 2025

Moore Audit

Auditor, Guy Franken

Board & ownership

Recent changes

16-01-2026

Dissolution with immediate closure of the liquidation Dissolved and wound up in a single deed on 16-12-2025 · Books and records kept in Schilde (5 years) · Appointment: Moore Audit BV (company auditor) · General meeting of 16-12-2025 · Gazette deed

19-02-2025

Listed in the Peppol Directory

27-08-2009

Incorporation 5 publications in the Belgian Official Gazette, the last on 16-01-2026 · Gazette deed

All 22 events

Official details

Source: KBO

Status: Dissolved and wound up on 16-12-2025deed of 16-01-2026
Activity: No activity registered in the KBO
Financial year end: 31 December
Peppol: Reachable since 19-02-2025

Company details

Annual accounts 2024

: €29,675
: ≈ €120,000estimated
: €29,119
: -€148,558▲ 16.4%
: €13,777▼ 23.8%
Filing: Filed on 22-08-2025

Financials

Insights on TIMACO

Inactive. The last annual accounts are for financial year 2024. The company was dissolved and wound up in a single deed on 16-12-2025. The books and records are kept for 5 years in Schilde.

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

Financials

Annual accounts 2024

micro format, filed on 22-08-2025, 22 days late

€29,675

▲ €32,929

€29,170

▲ €32,917

€29,119

▲ €38,980

-€148,558

▼ €99,881

0.08

▼ 0.19

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

Turnover ≈ €120,000. Estimated: probably between €72,000 and €220,000.

Balance sheet

balance sheet total €13,777 on 31-12-2024

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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Balance sheet: assets
`20/58`	13,777	18,074	22,150	44,992	222,534	226,312	218,179	224,817	231,996	218,810	5,635	6,223	5,877	9,562	11,620
`21/28`	-	-	-	25,000	215,000	215,000	215,000	215,000	225,950	215,000	251	502	3,941	6,868	10,078
`22/27`	-	-	-	-	-	-	-	-	10,950	-	251	502	3,941	6,868	10,078
`23`	-	-	-	-	-	-	-	-	-	-	251	502	-	564	1,409
`24`	-	-	-	-	-	-	-	-	10,950	-	-	-	3,941	6,305	8,669
`28`	-	-	-	25,000	215,000	215,000	215,000	215,000	215,000	215,000	-	-	-	-	-
`29/58`	13,777	18,074	22,150	19,992	7,534	11,312	3,179	9,817	6,045	3,810	5,384	5,721	1,936	2,693	1,541
`40/41`	368	533	621	302	5,000	11,312	2,000	5,150	5,048	270	949	3,002	496	866	1,302
`40`	224	-	-	-	5,000	4,840	2,000	4,840	5,000	270	-	3,002	496	866	1,302
`41`	145	533	621	302	-	6,472	-	310	48	-	949	-	-	-	-
`54/58`	13,408	17,540	21,529	19,689	2,534	-	1,179	4,667	802	1,134	2,283	503	1,440	1,827	239
`490/1`	-	-	-	-	-	-	-	-	195	2,406	2,152	2,216	-	-	-
Balance sheet: equity and liabilities
`10/49`	13,777	18,074	22,150	44,992	222,534	226,312	218,179	224,817	231,996	218,810	5,635	6,223	5,877	9,562	11,620
`10/15`	-148,558	-177,677	-167,816	-158,009	22,431	22,036	18,568	12,472	3,937	-8,525	-12,868	-17,993	-8,028	-4,707	8,086
`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	6,200	6,200	6,200	6,200
`100`	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`101`	-	-	-	-	-	-	-	-	-	-	-	12,400	12,400	12,400	12,400
`13`	1,886	1,886	1,886	1,886	1,886	1,886	1,886	1,886	1,886	1,886	1,886	1,886	1,886	1,886	1,886
`130/1`	1,860	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
`1311`	1,860	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-
`133`	26	26	26	26	26	26	26	26	26	26	26	26	26	26	26
`14`	-169,044	-198,163	-188,303	-178,496	1,944	1,550	-1,918	-8,014	-16,550	-29,011	-33,354	-26,080	-16,114	-12,794	-
`17/49`	162,335	195,751	189,967	203,001	200,103	204,276	199,610	212,345	228,059	227,335	18,503	24,217	13,904	14,269	3,533
`17`	-	100,000	100,000	110,000	115,000	115,000	122,109	143,045	163,404	184,207	15,000	-	-	-	-
`170/4`	-	100,000	100,000	110,000	115,000	115,000	122,109	143,045	163,404	184,207	15,000	-	-	-	-
`42/48`	162,335	66,751	66,967	73,378	71,808	82,217	70,844	63,045	58,801	38,128	3,503	24,217	13,904	14,269	3,533
`42`	-	-	-	5,000	-	7,109	20,935	20,360	20,805	20,353	-	-	-	-	-
`43`	-	-	-	-	-	1,376	-	-	-	-	-	-	-	-	-
`430/8`	-	-	-	-	-	1,376	-	-	-	-	-	-	-	-	-
`44`	-	-	-	145	140	596	21,253	871	15,503	966	3,314	704	-	1,386	133
`440/4`	-	-	-	145	140	596	21,253	871	15,503	966	3,314	704	-	1,386	133
`45`	-	-	-	-	2,239	6,371	5,175	3,281	589	1,982	189	908	1,387	1,970	2,504
`450/3`	-	-	-	-	2,239	6,371	5,175	3,281	589	1,982	189	908	1,387	1,970	2,504
`47/48`	162,335	66,751	66,967	68,233	69,429	66,764	23,480	38,533	21,904	14,828	-	22,605	12,517	10,912	896
`492/3`	-	29,000	23,000	19,624	13,295	7,060	6,658	6,256	5,854	5,000	-	-	-	-	-
Income statement
`76A`	-	-	-	-	8,875	-	-	12,000	-	-	-	7,240	-	-	-
`9900`	29,675	-3,254	-3,232	-13,558	9,111	14,080	16,925	46,744	22,919	15,190	-6,136	-11,893	230	-9,162	9,407
`630`	-	-	-	-	-	-	-	-	-	251	251	251	2,928	3,210	4,280
`640/8`	505	493	450	449	1,779	451	444	442	723	541	580	903	404	402	1,328
`66A`	-	-	-	160,000	-	-	-	10,950	-	-	-	3,941	140	-	-
`9901`	29,170	-3,747	-3,681	-174,006	7,333	13,628	16,482	35,352	22,196	14,399	-6,967	-13,047	-3,101	-12,773	3,800
`75/76B`	-	-	0	-	-	-	-	-	-	1	0	-	0	9	1
`75`	-	-	0	-	-	-	-	-	-	1	0	-	0	9	1
`65/66B`	50	6,113	6,126	6,434	6,795	7,052	7,573	8,144	9,145	9,877	118	30	29	28	42
`65`	50	6,113	6,126	6,434	6,795	7,052	7,573	8,144	9,145	9,877	118	30	29	28	42
`9903`	29,119	-9,861	-9,807	-180,440	538	6,576	8,909	27,209	13,051	4,522	-7,085	-9,777	-3,269	-12,792	3,758
`67/77`	-	-	-	-	144	3,109	2,813	2,673	589	180	189	189	51	1	1,872
`9904`	29,119	-9,861	-9,807	-180,440	394	3,468	6,096	24,535	12,462	4,343	-7,274	-9,966	-3,320	-12,794	1,886
`9905`	29,119	-9,861	-9,807	-180,440	394	3,468	6,096	24,535	12,462	4,343	-7,274	-9,966	-3,320	-12,794	1,886
Appropriation of the result
`9906`	-169,044	-198,163	-188,303	-178,496	1,944	1,550	-1,918	7,986	-16,550	-29,011	-33,354	-26,080	-16,114	-12,794	1,886
`14P`	-198,163	-188,303	-178,496	1,944	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,886
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,860
`6921`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26
`694/7`	-	-	-	-	-	-	-	16,000	-	-	-	-	-	-	-
`695`	-	-	-	-	-	-	-	16,000	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 1 item. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 22-08-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2024 annual accounts filed 22 days after the deadline. Filed on 22 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00394674.

Financial year	Type	Filed	Reference	Document
31-12-2024	micro format	22-08-2025	2025-00394674	PDF
31-12-2023	micro format	26-07-2024	2024-00297805	PDF
31-12-2022	micro format	30-06-2023	2023-00194104	PDF
31-12-2021	micro format	31-08-2022	2022-20400303	PDF
31-12-2020	abbreviated format	31-08-2021	2021-65300437	PDF
31-12-2019	abbreviated format	05-10-2020	2020-58800179	PDF
31-12-2018	abbreviated format	19-08-2019	2019-47700184	PDF
31-12-2017	micro format	27-07-2018	2018-39600437	PDF
31-12-2016	micro format	28-07-2017	2017-38900305	PDF
31-12-2015	abbreviated format	05-08-2016	2016-41200199	PDF
31-12-2014	abbreviated format	03-07-2015	2015-26900173	PDF
31-12-2013	abbreviated format	08-08-2014	2014-40900005	PDF
31-12-2012	abbreviated format	30-08-2013	2013-53900070	PDF
31-12-2011	abbreviated format	24-07-2012	2012-33300511	PDF
31-12-2010	abbreviated format	29-06-2011	2011-23600128	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
-	-	-	-	-	-	-	-	-	14,650	-6,716	-12,796	-173	-9,564	8,079
-	-	-	-	-	-	-	-	-	4,594	-7,023	-9,715	-392	-9,584	6,166
-	-	-	25,000	-	-	-	-	10,950	215,000	0	753	0	0	14,358
-4,132	-3,989	1,840	17,156	-	-	-3,488	3,864	-332	-1,148	1,779	-936	-388	1,588	-
-148,558	-48,677	-44,816	-53,386	-64,275	-70,904	-67,665	-53,228	-52,756	-34,318	1,881	-18,495	-11,968	-11,576	-1,992
-	-983.1%	-757.6%	-351.2%	10.1%	9.7%	8.5%	5.5%	1.7%	-3.9%	-228.3%	-289.1%	-136.6%	-49.2%	69.6%
0.08	0.27	0.33	0.27	0.10	0.14	0.04	0.16	0.10	0.10	1.54	0.24	0.14	0.19	0.44
-	-	-	-	8.92	9.27	10.75	17.03	57.93	-	-	-	-	-	0.44
-	-	-	-	1.8%	15.7%	32.8%	196.7%	316.5%	-	-	-	-	-	23.3%
211.4%	-54.6%	-44.3%	-401.1%	0.2%	1.5%	2.8%	10.9%	5.4%	2.0%	-129.1%	-160.1%	-56.5%	-133.8%	16.2%

A ratio outside any meaningful range has been withheld (balance sheet total €13,777, equity -€148,558).

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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.

Investments

fixed assets acquired

Item	2024	2023	2022	2021
Financial fixed assets	-	-	-	€25,000

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

Insights on TIMACO

The operating result for 2024 is a profit of €29,170, after a loss of €3,747 in 2023. It is the highest result since 2017.

Equity is negative. Debt (€162,335) exceeds the balance-sheet total (€13,777).

Board & ownership

Last board

1 auditor, last change in 2025

Moore Audit

Company auditor, permanent representative Guy Franken

appointed by deed of 16-01-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Moore Audit
Company auditor

Moors Christel
Director

Earlier

Mandates as a list

Moore Audit
- Company auditor, appointed by deed of 16-01-2026, still in office
Moors Christel
- Director, from 18-08-2009 to 16-12-2025

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

Contribution: €18,600
Source: 2024 annual accounts

Network & group

Holdings

own 2020 accounts

This companyTIMACO1 holding, 1 country 2020 accounts

Belgium 1 Equity Result

BE Vinex50% -€288,247 result €2,477

Source: list of holdings in its own 2020 accounts. Every holding stands with its own latest accounts.

Holdings through the years

2015 to 2020

Holdings through the years
Name	2015	2016	2017	2018	2019	2020
VINEX 2015 to 2020: 50%	50%

Source: list of holdings in its own accounts

Connections & network

See the function holders in the KBO register.

Timeline

22 events since 2009

Board

Filings

Financial

End

201020122014201620182020202220242026

2026

16-01-2026

Dissolution with immediate closure of the liquidationDissolved and wound up in a single deed on 16-12-2025 · Books and records kept in Schilde (5 years) · Appointment: Moore Audit BV (company auditor) · General meeting of 16-12-20256 points ▸

General meeting, 16-12-2025
Auditor appointment, Moore Audit BV (company auditor)
Director resignation, Moors Christel
Director discharge, Moors Christel
Net-asset statement, 30-09-2025
Auditor report, 07-11-2025
The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2025

22-08-2025

Annual accounts 2024 filed PDFmicro format · 22 days late

19-02-2025

Listed in the Peppol Directory

2024

31-12-2024

Back to profit net €29,119 The net result is €29,119, after 3 loss-making years.

26-07-2024

Annual accounts 2023 filed PDFmicro format · 5 days before the deadline

2023

30-06-2023

Annual accounts 2022 filed PDFmicro format · 31 days before the deadline

2022

31-08-2022

Annual accounts 2021 filed PDFmicro format · 31 days late

2021

31-12-2021

Weakest financial year net -€180,440 The net result drops to -€180,440, the lowest from 2010 to 2024.

31-08-2021

Annual accounts 2020 filed PDFabbreviated format · 31 days late

2020

05-10-2020

Annual accounts 2019 filed PDFabbreviated format · 66 days late

2019

19-08-2019

Annual accounts 2018 filed PDFabbreviated format · 19 days late

2018

27-07-2018

Annual accounts 2017 filed PDFmicro format · 4 days before the deadline

2017

28-07-2017

Annual accounts 2016 filed PDFmicro format · 3 days before the deadline

2016

05-08-2016

Annual accounts 2015 filed PDFabbreviated format · 5 days late

2015

31-12-2015

Back to profit net €4,343 The net result is €4,343, after 4 loss-making years.

03-07-2015

Annual accounts 2014 filed PDFabbreviated format · 28 days before the deadline

2014

31-12-2014

Liquidity more than 6 times current ratio 1.54 The current ratio rises from 0.24 to 1.54. Short-term debt falls from €24,217 to €3,503.

08-08-2014

Annual accounts 2013 filed PDFabbreviated format · 8 days late

2013

30-08-2013

Annual accounts 2012 filed PDFabbreviated format · 30 days late

2012

24-07-2012

Annual accounts 2011 filed PDFabbreviated format · 7 days before the deadline

2011

29-06-2011

Annual accounts 2010 filed PDFabbreviated format · 32 days before the deadline

2009

27-08-2009

Incorporation PDF5 publications in the Belgian Official Gazette, the last on 16-01-2026

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

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

Total assets went from €218,179 in 2018 to €13,777 in 2024.¹ In 2025 TIMACO was dissolved and its liquidation closed in a single deed.²

Company details

Inactive

Dissolved and wound up on 16 December 2025

TIMACO is no longer in the KBO register.

Status: Inactive
Reason: Dissolved and wound up in a single deedBelgian Official Gazette, 16 January 2026 · deed
Last annual accounts: financial year to 31 December 2024
Last registered office: Karekiet 33, 2970 Schildeas published on 16 January 2026
Legal form: Private limited company (pre-2019)
First annual accounts: financial year 2010

Official KBO record

Overview

Lifetime

Key points

Debts

Filings

Board and ownership

Recent changes

Official details

Annual accounts 2024

Insights on TIMACO

Financials

Annual accounts 2024

Balance sheet

Change in equityin euro

Change in cashin euro

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on TIMACO

Board & ownership

Last board

Mandates through the years

Control

Capital

Network & group

Holdings

Belgium 1 Equity Result

Holdings through the years

Connections & network

Timeline

Timeline

History

Company details

Dissolved and wound up on 16 December 2025

in euro

in euro