What does TIMMERMAN VERKOOP do?

TIMMERMAN VERKOOP is a joiner in Maldegem. Public Limited, started on 20 October 1994, 1 establishment.

What is the address of TIMMERMAN VERKOOP?

The registered office of TIMMERMAN VERKOOP is located at Kleitkalseide 40, 9990 Maldegem.

Is TIMMERMAN VERKOOP still active?

Yes. According to the CBE (30 October 2026) TIMMERMAN VERKOOP is active, legal situation “Normale toestand”, started on 20 October 1994.

Is TIMMERMAN VERKOOP registered on Peppol?

Yes, TIMMERMAN VERKOOP is registered on the Peppol network with ID 0208:0453628814.

What is the enterprise number of TIMMERMAN VERKOOP?

The enterprise number of TIMMERMAN VERKOOP is BE0453628814.

When was TIMMERMAN VERKOOP founded?

TIMMERMAN VERKOOP was founded on 20 October 1994.

Who are the directors of TIMMERMAN VERKOOP?

According to the 2025 annual accounts, the directors of TIMMERMAN VERKOOP are: Willem Swyngedouw, Brecht Timmerman, TIMMERMAN INVEST NV.

Is TIMMERMAN VERKOOP a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 October 1994; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did TIMMERMAN VERKOOP make in 2025?

TIMMERMAN VERKOOP recorded a loss after taxes of € 662,096 in financial year 2025.

What is the revenue of TIMMERMAN VERKOOP?

In its most recent annual accounts (2025), TIMMERMAN VERKOOP reported revenue of € 20,485,379.

How much does an employee at TIMMERMAN VERKOOP earn?

The average wage cost per full-time employee at TIMMERMAN VERKOOP was € 79,000 in 2025: staff costs of € 4.3 million for 54.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TIMMERMAN VERKOOP have?

According to the 2025 annual accounts, TIMMERMAN VERKOOP has 54.2 full-time equivalents (FTE).

TIMMERMAN VERKOOP (Public Limited) - Maldegem

Dossier TIMMERMAN VERKOOP, printed on 30 October 2026 from databakkes.be/en/0453628814/timmerman-verkoop. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

TIMMERMAN VERKOOP from Maldegem, company number BE0453628814, closed financial year 2025 with a result of € -662,096 after tax. For that financial year TIMMERMAN VERKOOP recorded revenue of € 20.5 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 27,392 to € -662,096. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.

What it is worth Healthy

€ 2.4 million

▼ 21% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -662,096

▼ still € 27,392 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 544,138

▲ 39% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 2.3 million.

People and assets in 2025

Full-time equivalents

54.2

▼ 1.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 999,023 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 4.3 million

▼ 3% vs 2024

€ 79,000 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.

Vehicles and equipment

€ 334,456

▼ 26% vs 2024

Of which on lease € 20,896.

Debts at end 2025

Bank debt

€ 29,438

▼ 59% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 647,534

▼ 21% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 14 days on average.

Taxes and wages

€ 363,503

▼ 27% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 22,707,426 Revenue 2022: € 22,707,426 First fiscal year in the series	€ 25,115,167 Revenue 2023: € 25,115,167 ▲ 11% vs 2022 (€ 22,707,426) Favourable step	€ 24,856,957 Revenue 2024: € 24,856,957 ▼ 1% vs 2023 (€ 25,115,167) Unfavourable step	€ 20,485,379 Revenue 2025: € 20,485,379 ▼ 18% vs 2024 (€ 24,856,957) Unfavourable step	▼ 18%
Profit after taxes	€ 31,780 Profit after taxes 2022: € 31,780 First fiscal year in the series	€ 138,335 Profit after taxes 2023: € 138,335 ▲ € 106,555 vs 2022 (€ 31,780) Favourable step	€ 27,392 Profit after taxes 2024: € 27,392 ▼ 80% vs 2023 (€ 138,335) Unfavourable step	€ -662,096 Profit after taxes 2025: € -662,096 ▼ € 689,488 vs 2024 (€ 27,392) Unfavourable step	▼ € 689,488
Equity	€ 2,956,615 Equity 2022: € 2,956,615 First fiscal year in the series	€ 3,059,950 Equity 2023: € 3,059,950 ▲ 3% vs 2022 (€ 2,956,615) Favourable step	€ 3,082,342 Equity 2024: € 3,082,342 ▲ 1% vs 2023 (€ 3,059,950) Favourable step	€ 2,420,246 Equity 2025: € 2,420,246 ▼ 21% vs 2024 (€ 3,082,342) Unfavourable step	▼ 21%
Total debts	€ 1,991,466 Total debts 2022: € 1,991,466 First fiscal year in the series	€ 1,515,117 Total debts 2023: € 1,515,117 ▼ 24% vs 2022 (€ 1,991,466) Favourable step	€ 1,432,808 Total debts 2024: € 1,432,808 ▼ 5% vs 2023 (€ 1,515,117) Favourable step	€ 1,084,475 Total debts 2025: € 1,084,475 ▼ 24% vs 2024 (€ 1,432,808) Favourable step	▼ 24%
Cash	€ 261,936 Cash 2022: € 261,936 First fiscal year in the series	€ 365,279 Cash 2023: € 365,279 ▲ 39% vs 2022 (€ 261,936) Favourable step	€ 390,114 Cash 2024: € 390,114 ▲ 7% vs 2023 (€ 365,279) Favourable step	€ 544,138 Cash 2025: € 544,138 ▲ 39% vs 2024 (€ 390,114) Favourable step	▲ 39%
Retained profit	€ 2,871,615 Retained profit 2022: € 2,871,615 First fiscal year in the series	€ 2,974,950 Retained profit 2023: € 2,974,950 ▲ 4% vs 2022 (€ 2,871,615) Favourable step	€ 2,997,342 Retained profit 2024: € 2,997,342 ▲ 1% vs 2023 (€ 2,974,950) Favourable step	€ 2,335,246 Retained profit 2025: € 2,335,246 ▼ 22% vs 2024 (€ 2,997,342) Unfavourable step	▼ 22%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 35,000 Dividend 2023: € 35,000 Unchanged (€ 0) Unchanged	€ 5,000 Dividend 2024: € 5,000 ▼ 86% vs 2023 (€ 35,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 5,000) Unchanged	▼ 100%
Bank debt	€ 204,934 Bank debt 2022: € 204,934 First fiscal year in the series	€ 126,187 Bank debt 2023: € 126,187 ▼ 38% vs 2022 (€ 204,934) Favourable step	€ 70,950 Bank debt 2024: € 70,950 ▼ 44% vs 2023 (€ 126,187) Favourable step	€ 29,438 Bank debt 2025: € 29,438 ▼ 59% vs 2024 (€ 70,950) Favourable step	▼ 59%
Balance sheet total	€ 4,978,081 Balance sheet total 2022: € 4,978,081 First fiscal year in the series	€ 4,605,067 Balance sheet total 2023: € 4,605,067 ▼ 7% vs 2022 (€ 4,978,081) Unchanged	€ 4,545,151 Balance sheet total 2024: € 4,545,151 ▼ 1% vs 2023 (€ 4,605,067) Unchanged	€ 3,534,721 Balance sheet total 2025: € 3,534,721 ▼ 22% vs 2024 (€ 4,545,151) Unchanged	▼ 22%
Employees (FTE)	53 Employees (FTE) 2022: 53 First fiscal year in the series	54.5 Employees (FTE) 2023: 54.5 ▲ 1.5 vs 2022 (53) Unchanged	55.3 Employees (FTE) 2024: 55.3 ▲ 0.8 vs 2023 (54.5) Unchanged	54.2 Employees (FTE) 2025: 54.2 ▼ 1.1 vs 2024 (55.3) Unchanged	▼ 1.1

Key figures of TIMMERMAN VERKOOP, 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 VERKOOP?

What happened at TIMMERMAN VERKOOP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2032 Willem Swyngedouw stepped down as director. NBB
2032 Brecht Timmerman stepped down as director. NBB
2032 TIMMERMAN INVEST NV stepped down as director. NBB
Jul 2, 2026 New annual accounts for financial year 2025: loss of € 662,096 (▼ € 689,488 vs 2024). Source: NBB ↗
2026 Willem Swyngedouw became a director. NBB
2026 Brecht Timmerman became a director. NBB
2026 TIMMERMAN INVEST NV became a director. NBB
Dec 13, 1994 New establishment in Maldegem. KBO

In short

From € 31,780 profit in 2022 to € 662,096 loss in 2025.

Paid € 172,318 in corporate taxes since 2022.

Best year ever: 2023, with € 138,335 profit.

Paid out € 40,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Timmerman Invest 86%

The stake of Timmerman Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

TIMMERMAN VERKOOP

The shares are held by Timmerman Invest (86%).

Directors

According to the 2025 annual accounts

Willem Swyngedouw

Director

Also active at: TIMMERMAN PRODUCTIE, Immotima, TIMMERMAN TIMBRE

since 2026 · until 2032

Brecht Timmerman

Managing director

Also active at: TIMMERMAN PRODUCTIE, Timmerman Invest, TIM - IMMO, TIMMERMAN TIMBRE

since 2026 · until 2032

TIMMERMAN INVEST NV

Managing director · represented by Dirk TIMMERMAN

Also active at: TIMMERMAN PRODUCTIE

since 2026 · until 2032

Shareholders

Timmerman Invest

86%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

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 →

TIMMERMAN PRODUCTIE same network

€ 16 million revenue · 2025

Timmerman Invest same network

€ 18,587 gross margin · 2025

TIM - IMMO same network

€ 91,361 gross margin · 2025

TIMMERMAN TIMBRE same network

€ -47,654 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0453.628.814

VAT number

BE 0453.628.814

Registered office

Kleitkalseide 40, 9990 Maldegem

Names & denominations

TIMMERMAN VERKOOP

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

20 October 1994

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Schrijnwerk

Schrijnwerk van hout of van kunststof

View on CBE Public ↗ Annual accounts (NBB) ↗

TIMMERMAN VERKOOP

Financials

What happened to TIMMERMAN VERKOOP?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions