Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELECTRO SERVICE TIMMERMANS from Pajottegem, company number BE0462400780, closed financial year 2025 with a result of € 13,527 after tax. For that financial year ELECTRO SERVICE TIMMERMANS recorded a gross margin of € 473,311 and equity of € 409,144. Compared with financial year 2024, the result moved from € 51,066 to € 13,527. 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 September 30, 2026.
€ 409,144
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,527
▼ 74% vs 2024
Profit after tax over the fiscal year.
€ 40,949
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3,332 paid out
25 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
8
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 351,987
▼ 7% vs 2024
€ 44,000 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.
€ 52,577
▲ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 300,527
▼ 20% vs 2024
€ 52,883 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 147,581
▲ € 135,272 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,503
▼ 29% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 477,683 | € 569,144 | € 541,105 | € 473,311 | ▼ 13% |
| Profit after taxes | € 67,682 | € 81,126 | € 51,066 | € 13,527 | ▼ 74% |
| Equity | € 270,075 | € 349,601 | € 398,949 | € 409,144 | ▲ 3% |
| Total debts | € 713,658 | € 575,343 | € 457,933 | € 506,287 | ▲ 11% |
| Cash | € 142,189 | € 37,878 | € 45,173 | € 40,949 | ▼ 9% |
| Land & buildings | € 188,563 | € 174,555 | € 160,547 | € 131,225 | ▼ 18% |
| Retained profit | € 208,102 | € 287,628 | € 336,976 | € 347,171 | ▲ 3% |
| Dividend | € 0 | € 1,600 | € 1,718 | € 3,332 | ▲ 94% |
| Bank debt | € 501,512 | € 457,852 | € 377,902 | € 300,527 | ▼ 20% |
| Balance sheet total | € 983,734 | € 924,944 | € 856,882 | € 915,431 | ▲ 7% |
| Employees (FTE) | 6.3 | 7 | 7 | 8 | ▲ 1 |
Key figures of ELECTRO SERVICE TIMMERMANS, 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 ELECTRO SERVICE TIMMERMANS?
What happened at ELECTRO SERVICE TIMMERMANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,527 (▼ 74% vs 2024). filed late Source: NBB ↗
- Sandra Timmermans became a director. NBB
- Frank Timmermans became a director. NBB
- New establishment in Pajottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 67,682 profit in 2022 to € 13,527 profit in 2025.
Paid € 102,086 in corporate taxes since 2022.
Best year ever: 2023, with € 81,126 profit.
On average € 59,200 of value added per employee in 2025.
Management
Behind ELECTRO SERVICE TIMMERMANS are Sandra Timmermans and Frank Timmermans. The shares are held by Sandra Timmermans and Frank Timmermans.
Directors
According to the 2025 annual accounts
Sandra Timmermans
Director
Is a shareholder
since 2011
Frank Timmermans
Director
Is a shareholder
since 2011
Shareholders
Sandra Timmermans · director
Frank Timmermans · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Heldenplein(HN) 3A
1540 Pajottegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.400.780
- VAT number
- BE 0462.400.780
- Registered office
- Heldenplein(HN) 3A, 1540 Pajottegem
- Names & denominations
- ELECTRO SERVICE TIMMERMANS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 January 1998
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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