TIMUCOL
ActiveFrom the official registers: KBO 18 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
TIMUCOL has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €87,895. Equity remains stable across the filed financial years (±1.8% per year). Its solvency ranks better than 77% of 10,789 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Directors
Mandate history
1 person, 0 in office
- Board
| Name | Functions and periods |
|---|---|
| VAN MULLEM Olivier Nicolas Robert Vincent |
|
How the board is organised
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem toegekend, met de mogelijkheid een deel van…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1”
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Articles of association, deed of 05-02-2024
Owners and capital
Owners
Shares according to the articles of association
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “De aanwending van de jaarlijkse nettowinst wordt bepaald door de algemene vergadering, op voorstel van het bestuursorgaan, waarbij elk…”
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Liquidation distribution: “Na aanzuivering van alle schulden, lasten en kosten van de vereffening of consignatie van de nodige sommen om die te voldoen en, indien er…”1 more provision in the deed, see the deed of 05-02-2024
Articles of association, deed of 05-02-2024 (in Dutch)