Equity
€8.1m ▼ 0.4%
TIMTECH paid out €95,000 in dividends. That is 161% of the 2025 profit.
TIMTECH
Overview
Lifetime
19 annual accounts with figures on one time axis, 35 filings since 1990peak €27,691 (2007)
-€16,383▼ €10,449
lowest -€414,014 (2009)
€58,951▼ 33.2%
peak €11.3m (2017)
€8.1m▼ 0.4%
€315,320▼ 29.0%
Board6 names since 1989
5 directorsMichel TILMANT and 4 others
Documentsfilings and deeds
24-04-20266 days before the deadline
2025micro format
Gross margin from -€5,934 to -€16,383Result from €88,287 to €58,9514 directors appointed 02-12Dividend €95,000Debts from €444,050 to €315,320
Key points
from the 2025 annual accountsChecked score
94
Excellent
Financially stronger than 50% of small companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 722 companies (NACE 73, small).
Fewer than 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 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
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 03-2026highest value
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 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
lowers risk
Size: total assets €8.4m
Founded in 1989
Figures for financial year 2025 (filed on 25-04-2026)
Equity €8.1m (96.3% of total assets)
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 73, small). It does better than 87% of them on solvency, 67% on liquidity, 13% on profitability and 32% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,887 companies had the same profile as TIMTECH has now. Each dot stands for 5 companies, two years later.
97.9%
were still trading
2.0%
stopped another way
0.1%
went bankrupt
That fits the bankruptcy probability of TIMTECH itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 1,887 companies, not a prediction for TIMTECH. 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.
Credit verdict
Credit of up to €750,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 24.98 (17.92 in 2024), above the usual 1.5. Short-term debt is 3.5% and cash 5.3% of total assets. 3.7% of the assets are financed with debt and provisions.
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
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-04-2026, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
6 days early
2024
27 days early
2023
48 days early
2022
45 days early
2021
37 days early
2020
43 days early
2019
52 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 37 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 24 March (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end08-11-2026 today30-04-2027 deadline
Board and ownership
Shares in 3 companies, including TAILORMADE PERFORMANCE and OPEN ENGINEERING
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0437821277
4 directors appointed
Michel TILMANT (statutory director), TILMANT Amaury Patrick André (alternate director), TILMANT Valériane Michèle Sigrid (alternate director) and TILMANT Thierry Nicolas Claude (alternate director) · General meeting of 27-11-2025 · Gazette deed
Appointments: Michel TILMANT (statutory director) and TILMANT Thierry (alternate director)
General meeting of 18-01-2021 · Gazette deed
First establishment
de Perckestraat 121, Uccle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TIMTECH Uccle | €8.4m | -€16,383 | 96.3% | - |
| ESPAD-SERVICES Huldenberg | €9.4m | -€72,948 | 50.7% | 0 |
| PANTECH Uccle | €5.0m | -€28,468 | 68.2% | 1 |
| ECOCHAMIC Woluwe-Saint-Lambert | €12.4m | -€7,427 | 8.1% | - |
| TECHNICON Brussels | €9.2m | -€48,113 | 8.5% | 0 |
| RUDY HEYMANS Liedekerke | €5.3m | -€35,529 | 92.3% | - |
| SOFIVAL Ham-sur-Heure-Nalinnes | €13.9m | -€25,825 | 97.4% | - |
These companies have the same main activity as TIMTECH: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €5m and €14m, founded between 1987 and 1995.
Official details
Source: KBO- Status
- Active since 04-07-1989Normal situation
- Activity
- Market research and public opinion pollingNACE 73200and 1 other
- Establishment unit
- 2.044.161.9641180 Uccle, since 19-07-1989
- Financial year end
- 30 September
- Peppol
- Reachable since 19-12-2025
Annual accounts to 30-09-2025
- -€16,383▼ 176%
- €58,951▼ 33.2%
- €8.1m▼ 0.4%
- €8.4m▼ 1.9%
- Filing
- Filed on 24-04-2026, 6 days before the end of the filing period
Companies linked to TIMTECH
Subsidiaries and holdings
Insights on TIMTECH
TIMTECH files the micro format. That format states no turnover. The gross margin fell from €27,691 in 2007 to -€16,383 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 24-04-2026, 6 days before the deadline-€16,383
▼ €10,449
-€90,642
▼ €21,507
€58,951
▼ 33.2%
€7.0m
▼ 0.9%
96.3%
▲ 1.4 percentage points
24.98
▲ 7.06
Turnover: not included in this filing.
Balance sheet
balance sheet total €8.4m on 30-09-2025What the company ownsHow it is paid for
in €m
in euro
Position in the sector
96.3%
Higher than 95% of 8,611 companies in 2025.
24.98
Higher than 95% of 8,288 companies in 2025.
0.7%
Higher than 27% of 8,397 companies in 2025.
TIMTECH
Middle half of the sector
80% of the sector
Micro accounts in advertising and market research (NACE 73)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
8.4m | 8.6m | 8.8m | 8.7m | 8.8m | 9.2m | 9.8m | 10.0m | 11.4m | 11.3m | 11.4m | 11.1m | 7.1m | 7.0m | 2.0m | 2.0m | 2.1m | 2.4m | 2.3m | |
21/28 |
1.2m | 1.1m | 1.2m | 1.1m | 1.2m | 1.2m | 1.3m | 1.5m | 1.4m | 1.4m | 1.3m | 1.3m | 1.7m | 1.5m | 1.9m | 1.9m | 1.9m | 2.1m | 2.1m | |
21 |
- | - | - | - | - | - | 10,667 | 21,333 | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
814,948 | 789,439 | 820,526 | 820,411 | 877,090 | 942,428 | 995,280 | 987,046 | 1.0m | 1.1m | 1.1m | 1.1m | 1.2m | 1.1m | 1.0m | 1.1m | 1.1m | 1.1m | 1.1m | |
22 |
793,709 | 786,184 | 816,757 | 817,942 | 857,509 | 904,911 | 941,350 | 987,046 | 1.0m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.0m | 1.1m | 1.1m | 1.1m | 1.1m | |
23 |
2,979 | 3,020 | 3,276 | 823 | 497 | 993 | 1,490 | - | 254 | 503 | 1,225 | 1,501 | 3,113 | 2,420 | 1,676 | 2,107 | 1,161 | 649 | 908 | |
24 |
18,260 | 235 | 493 | 1,647 | 19,085 | 36,523 | 52,440 | - | - | 1,813 | 4,231 | 6,649 | 5,446 | 20,657 | 24,977 | 40,147 | 7,374 | 12,065 | 16,757 | |
28 |
337,385 | 335,394 | 335,394 | 290,214 | 294,856 | 256,209 | 253,495 | 446,213 | 359,780 | 305,339 | 192,041 | 232,291 | 519,363 | 401,298 | 807,818 | 827,818 | 853,494 | 995,115 | 929,066 | |
29/58 |
7.3m | 7.5m | 7.6m | 7.6m | 7.6m | 8.0m | 8.5m | 8.5m | 10.0m | 9.9m | 10.1m | 9.8m | 5.4m | 5.5m | 161,411 | 42,902 | 148,246 | 267,371 | 213,148 | |
29 |
- | - | - | - | - | - | - | - | 563,023 | 326,573 | 301,997 | - | - | - | - | - | - | - | - | |
291 |
- | - | - | - | - | - | - | - | 563,023 | 326,573 | 301,997 | - | - | - | - | - | - | - | - | |
40/41 |
44,583 | 21,725 | 14,845 | 31,882 | 28,719 | 28,731 | 34,644 | 13,215 | 28,637 | 7,912 | 8,558 | 18,116 | 17,988 | 16,457 | 153,168 | 9,521 | 108,234 | 229,145 | 183,492 | |
40 |
714 | - | 4,719 | 4,719 | 4,719 | 4,915 | 4,719 | 6,144 | 4,719 | 4,719 | 4,719 | 4,719 | 4,719 | 4,719 | 4,719 | 4,719 | - | 91,960 | 85,968 | |
41 |
43,869 | 21,725 | 10,126 | 27,163 | 24,000 | 23,815 | 29,925 | 7,071 | 23,918 | 3,193 | 3,839 | 13,397 | 13,269 | 11,738 | 148,449 | 4,802 | 108,234 | 137,185 | 97,523 | |
50/53 |
6.8m | 6.9m | 6.8m | 6.4m | 6.6m | 6.2m | 6.8m | 6.8m | 7.2m | 5.2m | 4.1m | 4.0m | 5.0m | 4.9m | - | - | - | - | - | |
54/58 |
447,291 | 536,279 | 800,020 | 1.2m | 960,735 | 1.8m | 1.7m | 1.7m | 2.2m | 4.5m | 5.7m | 5.7m | 443,357 | 590,071 | 8,244 | 33,381 | 40,012 | 38,226 | 29,656 | |
490/1 |
714 | - | - | - | 294 | 294 | 245 | 968 | 18,175 | - | - | 7,938 | 642 | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
8.4m | 8.6m | 8.8m | 8.7m | 8.8m | 9.2m | 9.8m | 10.0m | 11.4m | 11.3m | 11.4m | 11.1m | 7.1m | 7.0m | 2.0m | 2.0m | 2.1m | 2.4m | 2.3m | |
10/15 |
8.1m | 8.2m | 8.6m | 8.5m | 8.5m | 8.9m | 9.0m | 9.0m | 11.3m | 11.2m | 11.2m | 10.9m | 6.7m | 6.7m | 1.5m | 1.6m | 1.3m | 1.8m | 1.8m | |
10/11 |
1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 4.1m | 4.1m | 4.1m | 4.1m | 500,000 | 500,000 | 500,000 | 500,000 | 300,000 | 300,000 | 300,000 | |
100 |
- | - | - | - | - | - | 1.1m | 1.1m | 4.1m | 4.1m | 4.1m | 4.1m | 500,000 | 500,000 | 500,000 | 500,000 | 300,000 | 300,000 | 300,000 | |
12 |
- | - | - | - | - | - | - | - | - | - | - | - | 57,015 | 57,015 | 137,756 | 137,756 | 137,756 | 133,863 | 133,863 | |
13 |
6.7m | 6.7m | 7.2m | 7.1m | 7.1m | 7.4m | 7.4m | 7.4m | 6.7m | 5.7m | 5.7m | 5.3m | 6.1m | 6.1m | 880,000 | 985,000 | 905,000 | 1.3m | 1.3m | |
130/1 |
- | - | - | - | - | 110,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 110,000 | 110,000 | 410,000 | 410,000 | 410,000 | 410,000 | 50,000 | 50,000 | 50,000 | 50,000 | 30,000 | 30,000 | 30,000 | |
1311 |
- | - | - | - | - | 110,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
6.7m | 6.7m | 7.2m | 7.1m | 7.1m | 7.3m | 7.3m | 7.3m | 6.3m | 5.3m | 5.3m | 4.9m | 6.1m | 6.0m | 830,000 | 935,000 | 875,000 | 1.3m | 1.3m | |
14 |
311,581 | 311,130 | 310,844 | 309,326 | 302,648 | 355,559 | 462,125 | 473,573 | 471,246 | 1.4m | 1.4m | 1.5m | 11,065 | 24,295 | 1,831 | 1,149 | 3,350 | 2,364 | 76 | |
17/49 |
315,320 | 444,050 | 168,709 | 199,859 | 297,372 | 300,363 | 801,109 | 986,430 | 90,738 | 130,588 | 163,371 | 188,672 | 388,544 | 382,363 | 495,678 | 340,207 | 747,063 | 633,257 | 515,522 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | 339,400 | 303,800 | 371,500 | 333,500 | 743,500 | 545,500 | 400,000 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 40,000 | |
178/9 |
- | - | - | - | - | - | - | - | - | - | - | - | 339,400 | 303,800 | 371,500 | 333,500 | 743,500 | 545,500 | 360,000 | |
42/48 |
291,493 | 417,017 | 151,405 | 188,293 | 272,976 | 291,710 | 769,983 | 967,397 | 80,494 | 114,688 | 139,543 | 182,778 | 40,360 | 78,563 | 124,178 | 6,707 | 3,501 | 87,757 | 115,522 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 40,000 | 40,000 | |
43 |
- | - | - | - | - | - | - | - | - | 1,062 | - | - | - | - | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | 1,062 | - | - | - | - | - | - | - | - | - | |
44 |
1,427 | 517 | 2,113 | 550 | 3,341 | 674 | 3,278 | 1,432 | 809 | 1,154 | 1,413 | 1,112 | 552 | 1,074 | 1,907 | 4,805 | 2,059 | 18,680 | 42,044 | |
440/4 |
1,427 | 517 | 2,113 | 550 | 3,341 | 674 | 3,278 | 1,432 | 809 | 1,154 | 1,413 | 1,112 | 552 | 1,074 | 1,907 | 4,805 | 2,059 | 18,680 | 42,044 | |
45 |
2,058 | 8,514 | 2,576 | 2,679 | 2,820 | 2,868 | 2,302 | 53,390 | 1,501 | 2,953 | 32,598 | 2,362 | 3,511 | 643 | 213 | 193 | - | 3,350 | 7,130 | |
450/3 |
2,058 | 8,514 | 2,576 | 2,679 | 2,820 | 2,868 | 2,302 | 53,390 | 1,501 | 2,953 | 32,598 | 2,362 | 3,511 | 643 | 213 | 193 | - | 1,000 | 4,780 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,350 | 2,350 | |
47/48 |
288,008 | 407,987 | 146,716 | 185,064 | 266,815 | 288,168 | 764,404 | 912,576 | 78,183 | 109,519 | 105,532 | 179,305 | 36,296 | 76,847 | 122,057 | 1,709 | 1,442 | 25,727 | 26,348 | |
492/3 |
23,828 | 27,032 | 17,303 | 11,566 | 24,396 | 8,653 | 31,125 | 19,033 | 10,244 | 15,900 | 23,828 | 5,894 | 8,784 | - | - | - | 62 | - | - | |
| Income statement | ||||||||||||||||||||
76A |
- | - | - | - | 5,123 | 2,008 | 40,268 | 78,474 | 21,786 | 5,298 | 640 | - | 33,276 | 349,249 | - | - | 15,266 | - | 2,600 | |
9900 |
-16,383 | -5,934 | -3,806 | -156 | -102 | -3,309 | 943 | -1,037 | -12,733 | -11,193 | -672 | -6,295 | -4,939 | -1,457 | -21,487 | -25,925 | -63,505 | -61,120 | 27,691 | |
630 |
59,630 | 45,904 | 44,030 | 60,999 | 65,338 | 76,261 | 75,989 | 58,370 | 49,429 | 49,138 | 49,494 | 56,855 | 69,728 | 55,975 | 47,935 | 49,954 | 36,975 | 28,984 | 46,515 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | -60,773 | - | 4,482 | 60,773 | - | - | |
640/8 |
14,630 | 17,297 | 14,693 | 25,501 | 5,419 | 5,761 | 14,809 | 5,885 | 5,299 | 5,918 | 5,323 | 11,246 | 5,355 | 63,279 | 7,095 | - | 4,569 | 6,735 | 4,216 | |
66A |
- | - | - | - | 7,500 | 6,821 | 12,718 | 10,591 | 13,227 | - | 40,891 | 7,774 | - | 360,249 | 47,000 | 74,176 | 149,249 | - | - | |
9901 |
-90,642 | -69,135 | -62,529 | -86,656 | -78,359 | -85,331 | -89,855 | -65,292 | -67,461 | -66,249 | -55,489 | -74,395 | -80,022 | -59,938 | -76,516 | -80,362 | -165,823 | -96,839 | -23,040 | |
75/76B |
178,577 | 208,520 | 251,178 | 191,493 | 151,585 | 110,017 | 215,018 | 1.1m | 278,138 | 263,762 | 666,756 | 4.9m | 217,324 | 5.5m | 142,342 | 233,756 | 90,813 | 92,308 | 40,723 | |
75 |
176,586 | 189,970 | 205,028 | 191,493 | 146,461 | 108,009 | 174,750 | 975,106 | 256,353 | 263,762 | 666,756 | 4.9m | 217,324 | 5.5m | 142,342 | 233,756 | 90,813 | 92,308 | 40,723 | |
76B |
1,991 | 18,550 | 46,150 | - | 5,123 | 2,008 | 40,268 | 78,474 | 21,786 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
22,276 | 41,432 | 22,293 | 97,147 | 125,052 | 129,909 | 135,622 | 226,961 | 110,040 | 131,855 | 175,597 | 61,467 | 97,864 | 92,488 | 3,143 | 1,418 | 205,021 | 3,181 | 30,017 | |
65 |
22,276 | 22,882 | 21,323 | 49,305 | 121,759 | 123,088 | 122,904 | 216,370 | 96,813 | 131,855 | 175,597 | 61,467 | 97,864 | 92,488 | 3,143 | 1,418 | 205,021 | 3,181 | 30,017 | |
66B |
- | 18,550 | 970 | 47,842 | 3,292 | 6,821 | 12,718 | 10,591 | 13,227 | - | - | - | - | - | - | - | - | - | - | |
9903 |
65,659 | 97,952 | 166,356 | 7,690 | -51,826 | -105,224 | -10,458 | 761,327 | 100,637 | 70,956 | 395,419 | 4.7m | 72,714 | 5.3m | 15,682 | 77,799 | -414,014 | -7,712 | -9,733 | |
67/77 |
6,708 | 9,666 | 15,838 | 1,012 | 1,085 | 1,342 | 990 | 69,000 | - | 6,400 | 35,900 | - | -56 | 200 | - | - | - | - | 13,732 | |
9904 |
58,951 | 88,287 | 150,517 | 6,678 | -52,911 | -106,566 | -11,448 | 692,327 | 100,637 | 64,556 | 359,519 | 4.7m | 72,770 | 5.3m | 15,682 | 77,799 | -414,014 | -7,712 | -23,465 | |
9905 |
58,951 | 88,287 | 150,517 | 6,678 | -52,911 | -106,566 | -11,448 | 692,327 | 100,637 | 64,556 | 359,519 | 4.7m | 72,770 | 5.3m | 15,682 | 77,799 | -414,014 | -7,712 | -23,465 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
370,081 | 399,130 | 459,844 | 309,326 | 302,648 | 355,559 | 462,125 | 1.2m | 1.5m | 1.5m | 1.9m | 4.8m | 97,065 | 5.3m | 16,831 | 81,149 | -411,650 | -7,636 | -19,924 | |
14P |
311,130 | 310,844 | 309,326 | 302,648 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
95,000 | 559,000 | - | - | 359,000 | - | - | 300,000 | - | - | - | 4.0m | - | - | 105,000 | - | 415,000 | 10,000 | 20,000 | |
691/2 |
58,500 | 88,000 | 149,000 | - | - | - | - | 990,000 | 1.0m | 64,000 | 359,000 | 3.2m | 50,000 | 5.2m | - | 80,000 | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 360,000 | - | - | - | 20,000 | - | - | - | |
6921 |
58,500 | 88,000 | 149,000 | - | - | - | - | 990,000 | 1.0m | 64,000 | 359,000 | 2.8m | 50,000 | 5.2m | - | 60,000 | - | - | - | |
694/7 |
95,000 | 559,000 | - | - | 359,000 | - | - | - | - | 60,000 | 72,000 | 4.1m | 36,000 | 72,000 | 120,000 | - | - | - | - | |
694 |
95,000 | 559,000 | - | - | 359,000 | - | - | - | - | 60,000 | 72,000 | 4.1m | 36,000 | 72,000 | 120,000 | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 16 older financial years (1990-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 10 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 2025 (PDF), filed on 24-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 24-04-2026 | 2026-00087280 | |
| 30-09-2024 | micro format | 03-04-2025 | 2025-00062990 | |
| 30-09-2023 | micro format | 13-03-2024 | 2024-00042647 | |
| 30-09-2022 | micro format | 16-03-2023 | 2023-00040142 | |
| 30-09-2021 | full format | 24-03-2022 | 2022-08500023 | |
| 30-09-2020 | full format | 18-03-2021 | 2021-07800331 | |
| 30-09-2019 | full format | 09-03-2020 | 2020-06400313 | |
| 30-09-2018 | full format | 25-02-2019 | 2019-05700236 | |
| 30-09-2017 | full format | 08-03-2018 | 2018-06500327 | |
| 30-09-2016 | full format | 04-01-2017 | 2017-00500241 | |
| 30-09-2015 | full format | 22-02-2016 | 2016-04800503 | |
| 30-09-2014 | full format | 23-02-2015 | 2015-04700442 | |
| 30-06-2013 | full format | 02-01-2014 | 2014-00100234 | |
| 30-06-2012 | full format | 13-12-2012 | 2012-66400454 | |
| 30-06-2011 | full format | 06-10-2011 | 2011-57500441 | |
| 30-06-2010 | full format | 07-01-2011 | 2011-00500414 | |
| 30-06-2009 | full format | 21-12-2009 | 2009-89900118 | |
| 30-06-2008 | full format | 18-12-2008 | 2008-85800273 | |
| 30-06-2007 | full format | 21-12-2007 | 2007-84500367 | |
| 30-06-2006 | full format | 07-12-2006 | 2006-89400240 | |
| 30-06-2005 | full format | 16-12-2005 | 2005-89500146 | |
| 30-06-2004 | full format | 13-12-2004 | 2004-84300295 | |
| 30-06-2003 | full format | 22-12-2003 | 2003-84200206 | |
| 30-06-2002 | full format | 22-01-2003 | 2003-01800183 | |
| 30-06-2001 | full format | 22-01-2002 | 2002-02100002 | |
| 30-06-2000 | full format | 20-11-2000 | 2000-71800112 | |
| 30-06-1999 | full format | 25-11-1999 | 1999-59901576 | |
| 30-06-1998 | full format | 01-12-1998 | 1998-59701593 | |
| 30-06-1997 | full format | 26-11-1997 | 1997-54303512 | |
| 30-06-1996 | full format | 11-12-1996 | 1996-53201399 | |
| 30-06-1995 | full format | 12-12-1995 | 1995-59702350 | |
| 30-06-1994 | full format | 27-12-1994 | 1994-51602100 | |
| 30-06-1993 | full format | 11-01-1994 | 1994-00700863 | |
| 30-06-1992 | full format | 03-12-1992 | 1992-39601251 | |
| 31-12-1990 | full format | 22-07-1991 | 1991-19000673 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -31,012 | -23,231 | -18,499 | -25,657 | -13,021 | -9,071 | -13,866 | -6,922 | -18,032 | -17,111 | -5,995 | -17,540 | -10,294 | -3,962 | -28,582 | -30,407 | -128,848 | -67,855 | 23,475 | ||
| 118,581 | 134,191 | 194,547 | 67,676 | 12,426 | -30,305 | 64,541 | 750,697 | 150,066 | 113,694 | 409,013 | 4.8m | 142,498 | 5.4m | 63,617 | 127,753 | -377,039 | 21,272 | 23,049 | ||
| 85,138 | 14,817 | 44,145 | 47,519 | 44,343 | 20,268 | 73,556 | 52,218 | 48,000 | 123,814 | 49,174 | 28,325 | 205,690 | 109,474 | 578 | 51,918 | 5,142 | 246,784 | 304,833 | ||
| -88,988 | -263,741 | -367,083 | 206,367 | -826,800 | 50,377 | 22,557 | -455,668 | -2.3m | -1.2m | -20,661 | 5.3m | -146,714 | 581,827 | -25,137 | -6,631 | 1,785 | 8,570 | - | ||
| 7.0m | 7.1m | 7.5m | 7.4m | 7.3m | 7.7m | 7.8m | 7.6m | 9.9m | 9.8m | 9.9m | 9.6m | 5.4m | 5.5m | 37,234 | 36,195 | 144,745 | 179,614 | 97,626 | ||
| 96.3% | 94.8% | 98.1% | 97.7% | 96.6% | 96.7% | 91.8% | 90.1% | 99.2% | 98.8% | 98.6% | 98.3% | 94.5% | 94.6% | 75.4% | 82.7% | 64.3% | 73.5% | 77.4% | ||
| 24.98 | 17.92 | 50.44 | 40.16 | 27.81 | 27.36 | 11.07 | 8.82 | - | 86.73 | 72.05 | 53.35 | - | 70.56 | 1.30 | 6.40 | 42.35 | 3.05 | 1.85 | ||
| 0.04 | 0.05 | 0.02 | 0.02 | 0.04 | 0.03 | 0.09 | 0.11 | 0.01 | 0.01 | 0.01 | 0.02 | 0.06 | 0.06 | 0.33 | 0.21 | 0.55 | 0.36 | 0.29 | ||
| 0.7% | 1.1% | 1.7% | 0.1% | -0.6% | -1.2% | -0.1% | 7.7% | 0.9% | 0.6% | 3.2% | 43.5% | 1.1% | 79.5% | 1.0% | 4.8% | -30.8% | -0.4% | -1.3% | ||
| 0.7% | 1.0% | 1.7% | 0.1% | -0.6% | -1.2% | -0.1% | 6.9% | 0.9% | 0.6% | 3.2% | 42.7% | 1.0% | 75.2% | 0.8% | 4.0% | -19.8% | -0.3% | -1.0% | ||
| -1.39 | -1.02 | -0.87 | -0.52 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
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 | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €85,138 | €14,817 | €44,145 | €4,319 |
| Financial fixed assets | - | - | - | €43,200 |
| €59,630 | €45,904 | €44,030 | €60,999 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on TIMTECH
The operating result for 2025 is a loss of €90,642, larger than the loss of €69,135 in 2024. It is the lowest result since 2009.
Debt's share of the balance-sheet total falls from 5.2% to 3.7%. Equity and debt are lower.
Board & ownership
Board
5 directors, last change in 2025Statutory director
since 17-07-1989
term without a fixed end
listed in the 2025 annual accounts, filed on 24-04-2026
Alternate director (not named in the articles)
since 17-07-1989
listed in the 2025 annual accounts, filed on 24-04-2026
Alternate director (not named in the articles)
appointed by deed of 02-12-2025
Alternate director (not named in the articles)
appointed by deed of 02-12-2025
Alternate director (not named in the articles)
appointed by deed of 02-12-2025
Mandates through the years
6 names, the dashed line is todayMichel TILMANT
Statutory director
Statutory director
TILMANT Tanguy Michel Cédric
Alternate director (not named in the articles)
Alternate director (not named in the articles)
TILMANT Amaury Patrick André
Alternate director (not named in the articles)
Alternate director (not named in the articles)
TILMANT Thierry Nicolas Claude
Alternate director (not named in the articles)
Alternate director (not named in the articles)
TILMANT Valériane Michèle Sigrid
Alternate director (not named in the articles)
Alternate director (not named in the articles)
TILMANT Thierry
Alternate director (not named in the articles)
Alternate director (not named in the articles)
BoardEarlierend not dated
Mandates as a list
- Michel TILMANT
- Statutory director, from 17-07-1989 to date
- TILMANT Tanguy Michel Cédric
- Alternate director (not named in the articles), from 17-07-1989 to date
- TILMANT Amaury Patrick André
- Alternate director (not named in the articles), appointed by deed of 02-12-2025, still in office
- TILMANT Thierry Nicolas Claude
- Alternate director (not named in the articles), appointed by deed of 02-12-2025, still in office
- TILMANT Valériane Michèle Sigrid
- Alternate director (not named in the articles), appointed by deed of 02-12-2025, still in office
- TILMANT Thierry
- Alternate director (not named in the articles), appointed by deed of 10-02-2021, no longer listed in the 2025 annual accounts
Control
Capital
- Contribution
- €1,100,000
- Source
- 2025 annual accounts
Articles of association
deed of 10-02-2021 (in French)- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of February at 17:30
Network & group
Holdings
own accounts to 30-09-2025This companyTIMTECH3 holdings, 1 country
accounts to 30-09-2025
Belgium 3 Year Equity Result
- BE ANY-SHAPE15% 2025€1.3m result €128,700 (2025)
- BE OPEN ENGINEERING16.34% 2025€1.1m result -€25,807 (2025)
- BE TAILORMADE PERFORMANCE67% 2026€85,268 result €114 (2026)
Source: list of holdings in its own 30-09-2025 accounts. Every holding stands with its own latest accounts.
The LEI register names no parent.
Holdings and subsidiaries
3 holdingsHoldings 3
Share, source and own figures per holding (3)
Source for every holding own accounts 30-09-2025
- TAILORMADE PERFORMANCEsubsidiaryEquity €85,268 Profit of €114 in 2026 (profit of €4,258 in 2025) Checked score 9667%
- Equity €1.1m Loss of €25,807 in 2025 (profit of €986 in 2024) Checked score 8515.79%
- Equity €1.3m Profit of €128,700 in 2025 (loss of €238,065 in 2024) Checked score 90Alsodeed 02-03-202215%
Holdings through the years 2007 to 2025
| Name | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TAILORMADE PERFORMANCE | 19.44% | 80.55% | 67% | ||||||||||||||||
| OPEN ENGINEERING | 16.58% | 16.34% | |||||||||||||||||
| Any-Shape – additive technologies for industry | 15% | ||||||||||||||||||
| ALTERNATECH | 33% | ||||||||||||||||||
| EBCF | 35% | 45% | |||||||||||||||||
| SAMTECH | 39.79% | 16.47% | |||||||||||||||||
| FIRST LINE TELECOM | 47% | ||||||||||||||||||
| FIRST LINE TECHNICS | 20% | ||||||||||||||||||
Source: list of holdings in its own accounts
Connections & network
5 current directorsThe network starts from the directors of TIMTECH. Every other company they run is a node.
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
Timeline
49 events since 1989Board
Filings
Financial
Establishments
19901995200020052010201520202025
Deadline for the 2026 accounts: 30-04-2027
2026
Annual accounts 2025 filed PDFmicro format · 6 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0437821277
4 directors appointedMichel TILMANT (statutory director), TILMANT Amaury Patrick André (alternate director), TILMANT Valériane Michèle Sigrid (alternate director) and TILMANT Thierry Nicolas Claude (alternate director) · General meeting of 27-11-20257 points ▸
- General meeting, 27-11-2025
- Amendment of the articles, article 11
- Director appointment, Michel TILMANT (statutory director)
- Director appointment, TILMANT Amaury Patrick André (alternate director (not named in the articles))
- Director appointment, TILMANT Tanguy Michel Cédric (alternate director (not named in the articles))
- Director appointment, TILMANT Valériane Michèle Sigrid (alternate director (not named in the articles))
- Director appointment, TILMANT Thierry Nicolas Claude (alternate director (not named in the articles))
- The deed holds 1 more point.
Annual accounts 2024 filed PDFmicro format · 27 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 48 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 45 days before the deadline
2022
Back to profit net €6,678 The net result is €6,678, after 3 loss-making years.
Annual accounts 2021 filed PDFfull format · 37 days before the deadline
2021
Annual accounts 2020 filed PDFfull format · 43 days before the deadline
Appointments: Michel TILMANT (statutory director) and TILMANT Thierry (alternate director)General meeting of 18-01-20214 points ▸
- General meeting, 18-01-2021
- 5,000 shares
- Director appointment, Michel TILMANT (statutory director)
- Director appointment, TILMANT Thierry (alternate director (not named in the articles))
- The deed holds 4 more points.
2020
Liquidity more than doubled current ratio 27.36 The current ratio rises from 11.07 to 27.36. Short-term debt falls from €769,983 to €291,710.
Annual accounts 2019 filed PDFfull format · 52 days before the deadline
2019
Annual accounts 2018 filed PDFfull format · 64 days before the deadline
2018
Annual accounts 2017 filed PDFfull format · 53 days before the deadline
2017
Annual accounts 2016 filed PDFfull format · 116 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 68 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · 66 days before the deadline
2014
Equity above €10m equity €10.9m ▲62.9% After 5 profitable years in a row, equity reaches €10.9m.
Annual accounts 2013 filed PDFfull format · 29 days before the deadline
2012
Annual accounts 2012 filed PDFfull format · 49 days before the deadline
Highest result from 2007 to 2025 net €5.3m ▲33,661% The net result of €5.3m is the highest of those years.
Liquidity more than 54 times current ratio 70.56 The current ratio rises from 1.30 to 70.56. Short-term debt falls from €124,178 to €78,563.
Equity above €5m equity €6.7m ▲338% After 3 profitable years in a row, equity reaches €6.7m.
2011
Annual accounts 2011 filed PDFfull format · 117 days before the deadline
Annual accounts 2010 filed PDFfull format · 24 days before the deadline
2010
Back to profit net €77,799 The net result is €77,799, after 3 loss-making years.
2009
Annual accounts 2009 filed PDFfull format · 41 days before the deadline
Weakest financial year net -€414,014 The net result drops to -€414,014, the lowest from 2007 to 2025. It recovers the following year.
Liquidity more than 13 times current ratio 42.35 The current ratio rises from 3.05 to 42.35. Short-term debt falls from €87,757 to €3,501.
2008
Annual accounts 2008 filed PDFfull format · 44 days before the deadline
2007
Annual accounts 2007 filed PDFfull format · 41 days before the deadline
2006
Annual accounts 2006 filed PDFfull format · 55 days before the deadline
2005
Annual accounts 2005 filed PDFfull format
2004
Annual accounts 2004 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2000
Annual accounts 2000 filed PDFfull format
1999
Annual accounts 1999 filed PDFfull format
1998
Annual accounts 1998 filed PDFfull format
1997
Annual accounts 1997 filed PDFfull format
1996
Annual accounts 1996 filed PDFfull format
1995
Annual accounts 1995 filed PDFfull format
1992
Annual accounts 1992 filed PDFfull format
1991
Annual accounts 1990 filed PDFfull format
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
Company details
Identity
- Enterprise number
- 0437.821.277
- VAT number
- BE 0437.821.277
- Peppol ID
- 0208:0437821277
- Other Peppol ID
- 9925:BE0437821277
- LEI code
- 967600OW7Q3WAGBVHE52 live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 04-07-1989
- Financial year
- ends on 30 September
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of February at 17:30deed of 10-02-2021 (in French)
- Peppol
- Reachable since 19-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- TIMTECH in French
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”deed of 10-02-2021 (in French)
Activities
NACEBEL 202573200
Market research and public opinion polling main activity
Codes under NACEBEL 2008
73200
Advertising, market research and public relations activities main activity
70210
Activities of head offices; management consultancy activities
Codes under NACEBEL 2003
74131
main activity
74141
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Toutes opérations généralement quelconques,industrielles,commerciales,financières,mobilières ou immobilières,se rapportant directement ou…”deed of 10-02-2021 (in French)
2 activities
- Toutes opérations généralement quelconques,industrielles,commerciales,financières,mobilières ou immobilières,se rapportant directement ou indirectement aux technologies nouvelles - et en particulier dans le domaine des télécommunications,informatique et médias - à la consultance y afférent,aux services d’organisation et de gestion
- S’intéresser par voie d’apport,cession,fusion,participation ou autres voies dans toutes affaires,entreprises ou sociétés existantes ou à constituer ayant un objet analogue,similaire ou connexe au sien ou qui sont de nature à favoriser le développement de son entreprise
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| de Perckestraat 121 registered office 1180 Uccle 2110001 Manufacture of basic pharmaceutical products and pharmaceutical preparations | 19-07-1989 | 2.044.161.964 |
Buildings and parcels at the address
- Ground area
- 1,285 m²
- Buildings
- 140 m²
- Volume, LiDAR
- 959 m³
- Tallest building
- 12.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21614H0055/00C066 | 1,285 m² | 1 · 140 m² | 12.6 m · 2 |