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 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TIMMERMANS W. from Vilvoorde, company number BE0473076918, closed financial year 2025 with a result of € -13,121 after tax. For that financial year TIMMERMANS W. recorded a gross margin of € 203,256 and equity of € -13,682. Compared with financial year 2024, the result moved from € -33,183 to € -13,121. 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 September 19, 2026.
€ -13,682
▼ € 13,121 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,121
▲ 60 % less loss than in 2024
Profit after tax over the fiscal year.
€ 22,406
▲ 131% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -34,282.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 187,897
▼ 13% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 31
▼ 96% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3,634
▼ 74% vs 2024
Loans from banks and other lenders, long and short.
€ 9,027
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,637
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 281,075 | € 278,700 | € 216,978 | € 203,256 | ▼ 6% |
| Profit after taxes | € 3,086 | € -10,067 | € -33,183 | € -13,121 | ▲ € 20,062 |
| Equity | € 42,689 | € 32,621 | € -561 | € -13,682 | ▼ € 13,121 |
| Total debts | € 136,320 | € 121,538 | € 107,905 | € 96,036 | ▼ 11% |
| Cash | € 38,628 | € 28,456 | € 9,679 | € 22,406 | ▲ 131% |
| Retained profit | € 24,089 | € 12,021 | € -21,161 | € -34,282 | ▼ € 13,121 |
| Bank debt | € 51,633 | € 32,985 | € 13,939 | € 3,634 | ▼ 74% |
| Balance sheet total | € 179,009 | € 154,159 | € 107,344 | € 82,354 | ▼ 23% |
Key figures of TIMMERMANS W., 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 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 2025: loss of € 13,121. 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 € 3,086 profit in 2022 to € 13,121 loss in 2025.
Paid € 11,740 in corporate taxes since 2022.
Best year ever: 2022, with € 3,086 profit.
Management
Behind TIMMERMANS W. is Walter Timmermans.
Directors
According to the 2025 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