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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
TIMMERMANS W. from Vilvoorde, company number BE0473076918, closed financial year 2024 with a result of € -33,183 after tax. For that financial year TIMMERMANS W. recorded a gross margin of € 216,978 and equity of € -561. Compared with financial year 2023, the result moved from € -10,067 to € -33,183. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 12, 2025.
€ -561
▼ € 33,183 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -33,183
▼ 230 % more loss than in 2023
Profit after tax over the fiscal year.
€ 9,679
▼ 66% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -21,161.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 216,497
▼ 11% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 847
▼ 63% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 13,939
▼ 58% vs 2023
€ 10,305 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 20,093
▼ 11% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 32,566
▼ 16% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 315,339 | € 281,075 | € 278,700 | € 216,978 | ▼ 22% |
| Profit after taxes | € 14,474 | € 3,086 | € -10,067 | € -33,183 | ▼ € 23,115 |
| Equity | € 39,603 | € 42,689 | € 32,621 | € -561 | ▼ € 33,183 |
| Total debts | € 124,266 | € 136,320 | € 121,538 | € 107,905 | ▼ 11% |
| Cash | € 28,071 | € 38,628 | € 28,456 | € 9,679 | ▼ 66% |
| Retained profit | € 21,003 | € 24,089 | € 12,021 | € -21,161 | ▼ € 33,183 |
| Bank debt | € 51,756 | € 51,633 | € 32,985 | € 13,939 | ▼ 58% |
| Balance sheet total | € 163,870 | € 179,009 | € 154,159 | € 107,344 | ▼ 30% |
Key figures of TIMMERMANS W., fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TIMMERMANS W.?
What happened at TIMMERMANS W. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 33,183. filed late Source: NBB ↗
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
- Walter Timmermans became a director. NBB
In short
From € 14,474 profit in 2021 to € 33,183 loss in 2024.
Paid € 17,808 in corporate taxes since 2021.
Best year ever: 2021, with € 14,474 profit.
A new publication or filing at TIMMERMANS W.? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TIMMERMANS W. is Walter Timmermans.
Directors
According to the 2024 annual accounts
Walter Timmermans
Director
since 2000
Establishments
Establishment units
Physical locations of this company
Grimbergsesteenweg 80
1800 Vilvoorde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.076.918
- VAT number
- BE 0473.076.918
- Registered office
- Grimbergsesteenweg 80, 1800 Vilvoorde
- Names & denominations
- TIMMERMANS W.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 2000
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Artisanale brood- en banketbakkerijen