TIMECH
ActiveSummary
TIMECH has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €479,277 and a net result of €90,897. Equity has been growing by about 6.3% per year since 2019. Its solvency ranks better than 54% of 12,775 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 19-11-2008 Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 3 others
- Joint committee
- 149.04 Paritair Subcomité voor de metaalhandel · annual accounts 30-06-2024
- Establishment unit
- 2.174.972.404 2920 Kalmthout, since 28-11-2008
- Financial year end
- 30 June
- Peppol
- Reachable since 08-05-2025
Board and ownership
- Greet JacobsDirector
- VADITECHDirector · permanent representative van Dijck Jürgen
- VADITECH100%2025 annual accounts of VADITECH
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €384,538
- ▲ 5.5%
- Turnover
- ≈ €3.3m
- estimated
- Profit
- €90,897
- ▼ 2.2%
- Equity
- €479,277
- ▲ 1.8%
- Total assets
- €1.2m
- ▲ 38.4%
- Employees on 30-06-2025
- 4
- ▲ 33.3%
Score breakdownlowers riskFounded in 2008Figures for financial year 2025 (filed on 12-12-2025)Liquidity: current ratio 1.55, cash €220,480Equity €479,277 (39.8% of total assets)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 55% of them on solvency, 40% on liquidity, 68% on profitability and 45% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 50 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Reappointments: Vaditech (director) and Jacobs Greet Leonia Willy Maria (director)Permanent representative: van Dijck Jürgen
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as TIMECH: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €1m and €1.4m, founded between 2006 and 2011.
| Company | Total assets | Gross margin |
|---|---|---|
| TIMECH Kalmthout | €1.2m | €0.4m |
| Autocentrum Hoogstraten Hoogstraten | €1.1m | €0.4m |
| AUTOHANDEL RAF BIJNENS Genk | €1.1m | €0.4m |
| GARAGE VLIEGHE Zwevegem | €1.2m | €0.4m |
| DCR KRUIBEKE Kruibeke | €1.1m | €0.4m |
| JUNIUS ROLLING STOCK Merchtem | €1.4m | €0.4m |
| SNAUWAERT AUTOBEDRIJF Brugge | €1.0m | €0.5m |
Key facts about TIMECH
- What is the company number of TIMECH?
- The company number of TIMECH is 0808.074.435. The VAT number is the same number with BE in front: BE 0808.074.435.
- Where is TIMECH based?
- The registered office is at Essensteenweg (Nm) 94, 2920 Kalmthout.Company details
- What does TIMECH do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of TIMECH?
- The legal form of TIMECH is Private limited company (BV).
- When was TIMECH founded?
- TIMECH was founded on 19-11-2008.
- Is TIMECH still active?
- Yes, TIMECH is an active enterprise in the KBO register.
- How many employees does TIMECH have?
- TIMECH had an average of 3.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TIMECH fall under?
- In its 30-06-2024 annual accounts, TIMECH states joint committee 149.04 (Paritair Subcomité voor de metaalhandel).
- What is the turnover of TIMECH?
- The turnover in financial year 2025 is ≈ €3.3m. This figure is estimated from the gross margin of €384,538 and 35 comparable companies (NACE 47811). It probably lies between €1.7m and €4.9m.
- Is TIMECH profitable?
- In financial year 2025, TIMECH made a profit of €90,897.
- Where can I find the annual accounts of TIMECH?
- TIMECH filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TIMECH due?
- TIMECH must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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