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
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
Board
- Greet JacobsDirector
- VADITECHDirector · permanent representative van Dijck Jürgen
Shareholders
- VADITECH100%2025 annual accounts of VADITECH
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts to 30-06-2025
- 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
Score 2025
92
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency
65-14
equity 39.8% of total assets
Liquidity
42-5
short-term debt 59.8% · cash 18.3%
Profitability
78-4
return on assets 7.6%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025lowest value
05-2025: 0.1%● unchanged vs 04-2025lowest value
06-2025: 0.1%● unchanged vs 05-2025lowest value
07-2025: 0.1%● unchanged vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.55 (2.03 in 2024), above the usual 1.5. Short-term debt is 59.8% and cash 18.3% of total assets. However, 60.2% of the assets are financed with debt and provisions.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-12-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 days early
2024
78 days early
2023
57 days early
2022
56 days early
2021
38 days early
2020
39 days early
2019
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
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)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 6 December (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 12-12-2025 PDF all 16 filings
Turnover
≈ €3.3m
Estimated: probably between €1.7m and €4.9m
Total assets
€1.2m▲ 38.4%
2024 · €869,525
Net result
€90,897▼ 2.2%
2024 · €92,974
Working capital
€399,124▲ 2.2%
2024 · €390,551
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 4% lower than in 2024.
Operating result€0.1m
2025
Net result€0.09m
2025
Total assets€1.2m
2025
Equity€0.5m
2025
Debt€0.7m
2025
Working capital€0.4m
2025
Return on assets (ROA)7.6%
2025
Solvency39.8%
2025
Current ratio1.55
2025
Staff (FTE)3.7
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.09m-€0.1m▲ 20.2%€0.1m▲ 16.1%€0.09m▼ 29.1%€0.07m▼ 26.6%€0.1m▲ 113%€0.1m▼ 4.0%
Net result€0.06m-€0.08mwithin the sector's middle half▲ 22.9%€0.09mwithin the sector's middle half▲ 24.3%€0.06mwithin the sector's middle half▼ 34.1%€0.04mwithin the sector's middle half▼ 30.4%€0.09mwithin the sector's middle half▲ 113%€0.09mwithin the sector's middle half▼ 2.2%
Equity€0.3m-€0.4mwithin the sector's middle half▲ 14.2%€0.4mwithin the sector's middle half▲ 16.9%€0.4mwithin the sector's middle half▲ 7.9%€0.5mwithin the sector's middle half▲ 2.5%€0.5mwithin the sector's middle half▲ 2.5%€0.5mwithin the sector's middle half▲ 1.8%
Total assets€0.6m-€0.8mwithin the sector's middle half▲ 41.8%€0.8mwithin the sector's middle half▼ 3.7%€0.9mwithin the sector's middle half▲ 11.5%€1.0mwithin the sector's middle half▲ 15.3%€0.9mwithin the sector's middle half▼ 15.3%€1.2mwithin the sector's middle half▲ 38.4%
Debt€0.3m-€0.5m▲ 73.4%€0.4m▼ 19.1%€0.4m▲ 15.4%€0.6m▲ 28.2%€0.4m▼ 29.7%€0.7m▲ 81.5%
Working capital€0.3m-€0.3mwithin the sector's middle half▲ 9.1%€0.4mwithin the sector's middle half▲ 14.0%€0.4mwithin the sector's middle half▲ 7.7%€0.4mwithin the sector's middle half▼ 1.0%€0.4mwithin the sector's middle half▼ 0.8%€0.4mabove the sector's middle half▲ 2.2%
Solvency53.2%-42.8%within the sector's middle half▼ 10.4pp52.0%within the sector's middle half▲ 9.2pp50.3%within the sector's middle half▼ 1.7pp44.7%within the sector's middle half▼ 5.6pp54.1%within the sector's middle half▲ 9.4pp39.8%within the sector's middle half▼ 14.3pp
Current ratio2.09-1.68within the sector's middle half▼ 0.412.01within the sector's middle half▲ 0.331.90within the sector's middle half▼ 0.111.74within the sector's middle half▼ 0.162.03within the sector's middle half▲ 0.291.55within the sector's middle half▼ 0.47
Return on assets (ROA)10.6%-9.2%within the sector's middle half▼ 1.4pp11.9%above the sector's middle half▲ 2.7pp7.0%within the sector's middle half▼ 4.9pp4.2%within the sector's middle half▼ 2.8pp10.7%within the sector's middle half▲ 6.4pp7.6%within the sector's middle half▼ 3.1pp
Staff (FTE)3.4-4.5within the sector's middle half▲ 32.4%4.3within the sector's middle half▼ 4.4%4.3within the sector's middle half=4within the sector's middle half▼ 7.0%3.4within the sector's middle half▼ 15.0%3.7within the sector's middle half▲ 8.8%
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€84,199 ▼ 14.8%
Current assets
€1.1m ▲ 45.2%
Equity and liabilities €1.2m
Equity
€479,277 ▲ 1.8%
Debt
€723,749 ▲ 81.5%
Debt's share of the balance-sheet total rises from 45.9% to 60.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€173,495▲
2024 · €172,973
Cash flow
€129,848▲
2024 · €125,808
Quick ratio
0.90▲
2024 · 0.87
Debt to equity
1.51▲
2024 · 0.85
ROE
19.0%▼
2024 · 19.7%
Interest coverage
14.90▲
2024 · 11.43
Debt ≤ 1 year
€719,703▲
2024 · €380,174
Debt > 1 year
€4,046▼
2024 · €18,571
Income taxes
€32,012▼
2024 · €32,155
Staff costs
€200,547▲
2024 · €179,921
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 5 | 4 | 3 | 4 |
| full-time | 4 | 3 | 2 | 3 |
| part-time | 1 | 1 | 1 | 1 |
| in full-time equivalents | 4.3 | 3.3 | 2.3 | 3.3 |
| Average over the year, in full-time equivalents | 4.3 | 4 | 3.4 | 3.7 |
| On a permanent contract | 4 | 3 | 3 | 3 |
| Joined | - | 4 | 8 | 8 |
| Left | - | 6 | 9 | 7 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Securities and guarantees
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €19,278 | - | - | - |
| Pledge on other assets, amount secured | €19,278 | - | - | - |
| Carrying value of the other pledged assets | €34,275 | - | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €5,770 | €74,289 | €30,302 | €24,350 |
| Depreciation and write-downs of the year | €18,778 | €25,063 | €32,834 | €38,951 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 3 entries · €2,655 awarded · €2,412 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €702 | €702 |
| 2024 | 1 | €1,335 | €1,092 |
| 2022 | 1 | €618 | €618 |
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €826 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €167,850 | €166,984 | €179,921 | €200,547 | ▲ 11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,044 | €9,152 | €17,294 | €18,778 | €25,063 | €32,834 | €38,951 | ▲ 18.6% |
| Other operating charges640/8 | - | - | - | €7,865 | €10,234 | €11,650 | €10,496 | ▼ 9.9% |
| Gross operating margin9900 | €234,947 | €301,413 | €329,521 | €284,182 | €268,117 | €364,543 | €384,538 | ▲ 5.5% |
| Operating profit (loss)9901 | €90,724 | €109,039 | €126,560 | €89,689 | €65,835 | €140,139 | €134,544 | ▼ 4.0% |
| Financial income75/76B | - | - | - | €316 | €225 | €119 | €11 | ▼ 91.1% |
| Recurring financial income75 | €67 | €1,886 | €1,024 | €316 | €225 | €119 | €11 | ▼ 91.1% |
| Financial charges65/66B | - | - | - | €5,926 | €7,577 | €15,128 | €11,646 | ▼ 23.0% |
| Recurring financial charges65 | €1,617 | €3,434 | €3,169 | €5,926 | €7,577 | €15,128 | €11,646 | ▼ 23.0% |
| Profit (loss) for the period before taxes9903 | €89,174 | €107,491 | €124,414 | €84,079 | €58,483 | €125,129 | €122,909 | ▼ 1.8% |
| Income taxes67/77 | €26,994 | €31,051 | €29,427 | €21,480 | €14,894 | €32,155 | €32,012 | ▼ 0.4% |
| Profit (loss) for the period9904 | €62,180 | €76,440 | €94,987 | €62,599 | €43,589 | €92,974 | €90,897 | ▼ 2.2% |
| Profit (loss) for the period to be appropriated9905 | €62,180 | €76,440 | €94,987 | €62,599 | €43,589 | €92,974 | €90,897 | ▼ 2.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.6m | €0.8m | €0.8m | €0.9m | €1.0m | €0.9m | €1.2m | ▲ 38.4% |
| Fixed assets21/28 | €0.02m | €0.03m | €0.07m | €0.05m | €0.1m | €0.1m | €0.08m | ▼ 14.8% |
| Tangible fixed assets22/27 | €0.02m | €0.03m | €0.06m | €0.05m | €0.1m | €0.1m | €0.08m | ▼ 14.8% |
| Plant, machinery and equipment23 | - | - | - | €0.03m | €0.04m | €0.03m | €0.02m | ▼ 32.2% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.06m | €0.07m | €0.06m | ▼ 6.5% |
| Financial fixed assets28 | €135 | €135 | €135 | €135 | €135 | €135 | €135 | = |
| Current assets29/58 | €0.6m | €0.8m | €0.7m | €0.8m | €0.9m | €0.8m | €1.1m | ▲ 45.2% |
| Stocks and contracts in progress3 | €0.3m | €0.2m | €0.2m | €0.4m | €0.6m | €0.4m | €0.5m | ▲ 7.3% |
| Stocks30/36 | - | - | - | €0.4m | €0.6m | €0.4m | €0.5m | ▲ 7.3% |
| Amounts receivable within one year40/41 | €0.2m | €0.4m | €0.3m | €0.4m | €0.3m | €0.2m | €0.4m | ▲ 110% |
| Trade receivables40 | - | - | - | €0.4m | €0.3m | €0.2m | €0.3m | ▲ 55.3% |
| Other amounts receivable41 | - | - | - | €0.006m | €0.05m | - | €0.1m | - |
| Cash at bank and in hand54/58 | €0.1m | €0.2m | €0.2m | €0.03m | €0.06m | €0.1m | €0.2m | ▲ 71.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.6m | €0.8m | €0.8m | €0.9m | €1.0m | €0.9m | €1.2m | ▲ 38.4% |
| Equity10/15 | €0.3m | €0.4m | €0.4m | €0.4m | €0.5m | €0.5m | €0.5m | ▲ 1.8% |
| Contributions10/11 | €0.1m | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 2.6% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.01m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 2.6% |
| Amounts payable17/49 | €0.3m | €0.5m | €0.4m | €0.4m | €0.6m | €0.4m | €0.7m | ▲ 81.5% |
| Amounts payable after more than one year17 | €0.002m | - | €0.02m | €0.002m | €0.04m | €0.02m | €0.004m | ▼ 78.2% |
| Financial debts170/4 | - | - | - | €0.002m | €0.04m | €0.02m | €0.004m | ▼ 78.2% |
| Amounts payable within one year42/48 | €0.3m | €0.5m | €0.4m | €0.4m | €0.5m | €0.4m | €0.7m | ▲ 89.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.3m | €0.2m | €0.4m | ▲ 68.6% |
| Trade debts44 | €0.1m | €0.3m | €0.2m | €0.2m | €0.2m | €0.1m | €0.3m | ▲ 136% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.1m | €0.3m | ▲ 136% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.03m | €0.04m | €0.07m | ▲ 68.9% |
| Taxes450/3 | - | - | - | €0.01m | €0.01m | €0.02m | €0.05m | ▲ 116% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 17.7% |
| Other amounts payable47/48 | - | - | - | - | €0.03m | €0.001m | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,180 | €76,440 | €94,987 | €62,599 | €43,589 | €92,974 | €90,897 | ▼ 2.2% |
| + Depreciation and write-downs630 | €19,044 | €9,152 | €17,294 | €18,778 | €25,063 | €32,834 | €38,951 | ▲ 18.6% |
| Operating cash flow (approximation) | €81,225 | €85,592 | €112,281 | €81,377 | €68,652 | €125,808 | €129,848 | ▲ 3.2% |
| Investment in fixed assets (approximation) | - | -€24,186 | -€51,204 | -€5,770 | -€74,289 | -€30,302 | -€24,350 | ▲ 19.6% |
| Change in cash | - | €38,387 | -€12,769 | -€128,357 | €21,391 | €72,358 | €91,991 | ▲ 27.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as TIMECH has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95.3%
was still going
That fits the bankruptcy probability of TIMECH itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for TIMECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 12-12-2025 | 2025-00580629 | |
| 30-06-2024 | abbreviated format | 14-11-2024 | 2024-00600489 | |
| 30-06-2023 | abbreviated format | 05-12-2023 | 2023-00522314 | |
| 30-06-2022 | abbreviated format | 06-12-2022 | 2022-20532479 | |
| 30-06-2021 | abbreviated format | 24-12-2021 | 2021-81600447 | |
| 30-06-2020 | abbreviated format | 23-12-2020 | 2020-77100403 | |
| 30-06-2019 | abbreviated format | 31-12-2019 | 2019-78100166 | |
| 30-06-2018 | abbreviated format | 19-12-2018 | 2018-74800366 | |
| 30-06-2017 | abbreviated format | 22-12-2017 | 2017-73100169 | |
| 30-06-2016 | abbreviated format | 30-12-2016 | 2016-72300013 |
Board & ownership
Directors
Directors
2 directors
Board 2
Greet Jacobs
Current
Director (not named in the articles) · in office according to the act of 10-05-2023 · also on the board of 1 other company · listed in the 2025 annual accounts, filed on 12-12-2025
VADITECH
Current
Director (not named in the articles) · in office according to the act of 10-05-2023 · Private limited company · permanent representative: van Dijck Jürgen · listed in the 2025 annual accounts, filed on 12-12-2025
Permanent representatives 1
van Dijck Jürgen
Current
Permanent representative · in office according to the act of 10-05-2023 · for VADITECH
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 10-05-2023Owners and capital
Shareholders
1 ownerChain of control
- VADITECH
- TIMECH
Owners 1
- VADITECHparentSourceaccounts VADITECH 2025Equity €548,700 Profit of €87,480 in 2025 (profit of €74,050 in 2024)100%
Capital transactions
Capital over time
- 10-05-2023 Capital stated in the deed · 322 shares
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Greet Jacobs |
|
| VADITECH |
|
Network & group
Connections & network
2 current directorsThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2025
12-12
abbreviated format · 50 days before the deadline
2024
14-11
abbreviated format · 78 days before the deadline
2023
05-12
abbreviated format · 57 days before the deadline
30-06
Financial
Weakest financial yearnet €43,589 ▼30.4%
The net result drops to €43,589, the lowest from 2019 to 2025. It recovers the following year.
10-05
Gazette deed
Reappointments: Vaditech (director) and Jacobs Greet Leonia Willy Maria (director)Permanent representative: van Dijck Jürgen · Legal form clause · Capital conversion8 points ▸
Gazette deed
Reappointments: Vaditech (director) and Jacobs Greet Leonia Willy Maria (director)
Permanent representative: van Dijck Jürgen · Legal form clause · Capital conversion8 points ▸
- General meeting, 19-04-2023
- Legal form clause, “besloten vennootschap(afgekort BV)” (deed in Dutch)
- Capital conversion, “van rechtswege omgezet, artikel 39,§2,tweede lid wet 2019-03-23 WVV” (deed in Dutch)
- Reserve release, “vormen en meerderheden van statutenwijziging, opheffen en middelen beschikbaar maken voor uitkering” (deed in Dutch)
- Capital
- Director reappointment, Vaditech (director (not named in the articles))
- Permanent representative, van Dijck Jürgen
- Director reappointment, Jacobs Greet Leonia Willy Maria (director (not named in the articles))
2022
06-12
abbreviated format · 56 days before the deadline
2021
24-12
abbreviated format · 38 days before the deadline
30-06
Financial
Highest result from 2019 to 2025net €94,987 ▲24.3%
The net result of €94,987 is the highest of those years.
2020
23-12
abbreviated format · 39 days before the deadline
2019
31-12
abbreviated format · 31 days before the deadline
2018
19-12
abbreviated format · 43 days before the deadline
2017
22-12
abbreviated format · 40 days before the deadline
2016
30-12
abbreviated format · 32 days before the deadline
2008
08-12
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
TIMECH in Dutch
Enterprise number
0808.074.435
Legal form
Private limited company
Status
Active, normale toestand
Founded
19-11-2008
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 10-05-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, 2920 Kalmthout,Essensteenweg94”
deed of 10-05-2023 (in Dutch)Registered office and establishments
Registered office
Essensteenweg (Nm) 94, 2920 Kalmthout, Belgium
Establishment unit
Timech, Essensteenweg (Nm) 94, 2920 Kalmthout since 28-11-2008 · unit number 2.174.972.40433120 Repair and maintenance of machinery
Activities
NACEBEL 2025VAT activities
47811
Retail sale of cars and light vans (up to 3.5 tonnes) main activity
95311
General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95314
Bodywork repair (including spraying and painting)
Social security (RSZ) activities
46610
Wholesale trade main activity
Codes under NACEBEL 2008
VAT activities
45113
main activity
45201
45204
Social security (RSZ) activities
46610
Wholesale trade main activity
Joint committee
149.04 Paritair Subcomité voor de metaalhandel annual accounts 30-06-2024
Invoicing and payment
VAT number
BE 0808.074.435
Financial year and general meeting
Accounts at the NBBFinancial year end
30-06
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of December at 17:00
deed of 10-05-2023 (in Dutch)Recognitions · licences · registrations
Dual-learning approval
2 endedLasser MIG/MAG (so)
Lasser MIG/MAG (so)
Sites & property
Location
Buildings and parcels at the address
Ground area
5,213 m²
Building footprint
1,252 m²
Building volume
7,037 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11662C0201/00K005 | Flanders | 5,213 m² | 1 · 1,252 m² | 6.6 m · 2 |