Financials
Financial year 2025
TIMMERMAN PRODUCTIE from Maldegem, company number BE0401048973, closed financial year 2025 with a result of € 113,829 after tax. For that financial year TIMMERMAN PRODUCTIE recorded revenue of € 16 million and equity of € 7.5 million. Compared with financial year 2024, the result moved from € 123,905 to € 113,829. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 7.5 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 113,829
▼ 8% vs 2024
Profit after tax over the fiscal year.
€ 623,198
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 15,000 paid out
13 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
67.6
▼ 2.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.2 million
▼ 8% vs 2024
€ 61,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 405,695
▲ 86% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 632,763
▼ 27% vs 2024
€ 274,787 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 569,963
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 18 days on average.
€ 800,302
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 17,823,055 | € 19,312,949 | € 19,441,048 | € 15,992,041 | ▼ 18% |
| Profit after taxes | € 18,091 | € 4,186 | € 123,905 | € 113,829 | ▼ 8% |
| Equity | € 7,330,227 | € 7,324,413 | € 7,433,319 | € 7,532,147 | ▲ 1% |
| Total debts | € 3,584,807 | € 3,245,832 | € 2,772,232 | € 2,337,934 | ▼ 16% |
| Cash | € 170,573 | € 846,875 | € 856,038 | € 623,198 | ▼ 27% |
| Land & buildings | € 4,029,623 | € 3,896,093 | € 3,750,656 | € 3,577,602 | ▼ 5% |
| Retained profit | € 6,423,227 | € 6,417,413 | € 6,526,319 | € 6,625,147 | ▲ 2% |
| Dividend | € 10,000 | € 10,000 | € 15,000 | € 15,000 | |
| Bank debt | € 1,721,830 | € 1,177,259 | € 861,297 | € 632,763 | ▼ 27% |
| Balance sheet total | € 10,956,945 | € 10,608,867 | € 11,615,438 | € 11,426,679 | ▼ 2% |
| Employees (FTE) | 74.2 | 71.6 | 70.5 | 67.6 | ▼ 2.9 |
Key figures of TIMMERMAN PRODUCTIE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TIMMERMAN PRODUCTIE?
What happened at TIMMERMAN PRODUCTIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- WILLEM SWYNGEDOUW stepped down as director. NBB
- DIRK TIMMERMAN stepped down as director. NBB
- TIMMERMAN INVEST NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 113,829 (▼ 8% vs 2024). Source: NBB ↗
- WILLEM SWYNGEDOUW became a director. NBB
- DIRK TIMMERMAN became a director. NBB
- TIMMERMAN INVEST NV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 18,091 profit in 2022 to € 113,829 profit in 2025.
Paid € 119,329 in corporate taxes since 2022.
Best year ever: 2024, with € 123,905 profit.
Paid out € 50,000 in dividends to the owners in total.
Management
The stake of Timmerman Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TIMMERMAN PRODUCTIEThe shares are held by Timmerman Invest (47.3%).
Directors
According to the 2025 annual accounts
since 2026 · until 2032
DIRK TIMMERMAN
Managing director
Also active at: TIMMERMAN VERKOOP, Timmerman Invest, TIM - IMMO, TIMMERMAN TIMBRE
since 2026 · until 2032
Managing director · represented by BRECHT TIMMERMAN
Also active at: TIMMERMAN VERKOOP
since 2026 · until 2032
Shareholders
47.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kleitkalseide 40
9990 Maldegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
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Hosting & Email
Email provider
Microsoft 365
Hosting
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Website info
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Details
- Company number
- 0401.048.973
- VAT number
- BE 0401.048.973
- Registered office
- Kleitkalseide 40, 9990 Maldegem
- Names & denominations
- TIMMERMAN PRODUCTIE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- timmerman.be
- Activities · NACE
Vervaardiging van deuren en vensters van kunststof
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Vervaardiging van metalen ramen, deuren, wanden en dergelijke
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