Financials
Financial year 2025
ELECTRO SERVICE TIMMERMAN from Aalter, company number BE0473586167, closed financial year 2025 with a result of € 144,878 after tax. For that financial year ELECTRO SERVICE TIMMERMAN recorded a gross margin of € 220,856 and equity of € 478,668. Compared with financial year 2024, the result moved from € 58,772 to € 144,878. Profitable, and profit is growing. 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 December 18, 2025.
€ 478,668
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 144,878
▲ 147% vs 2024
Profit after tax over the fiscal year.
€ 146,591
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 207,400 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 14,042
▲ € 10,822 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 21,765
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,132
▲ € 30,293 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 193,376 | € 39,375 | € 95,695 | € 220,856 | ▲ 131% |
| Profit after taxes | € 127,423 | € 15,369 | € 58,772 | € 144,878 | ▲ 147% |
| Equity | € 467,050 | € 482,419 | € 541,191 | € 478,668 | ▼ 12% |
| Total debts | € 201,185 | € 186,891 | € 32,586 | € 56,897 | ▲ 75% |
| Cash | € 184,163 | € 266,170 | € 225,366 | € 146,591 | ▼ 35% |
| Land & buildings | € 19,338 | € 19,942 | € 17,274 | € 14,605 | ▼ 15% |
| Retained profit | € 460,716 | € 476,085 | € 534,857 | € 472,334 | ▼ 12% |
| Dividend | € 111,991 | € 0 | € 0 | € 207,400 | |
| Balance sheet total | € 668,235 | € 669,310 | € 573,777 | € 535,565 | ▼ 7% |
Key figures of ELECTRO SERVICE TIMMERMAN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ELECTRO SERVICE TIMMERMAN?
What happened at ELECTRO SERVICE TIMMERMAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 144,878 (▲ 147% vs 2024). Source: NBB ↗
- New establishment in Aalter. KBO
- Geert Timmerman became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 127,423 profit in 2022 to € 144,878 profit in 2025.
Paid € 156,210 in corporate taxes since 2022.
Best year ever: 2025, with € 144,878 profit.
Paid out € 319,391 in dividends to the owners in total.
Management
Behind ELECTRO SERVICE TIMMERMAN is Geert Timmerman.
Directors
According to the 2025 annual accounts
Geert Timmerman
Director
since 2000
Establishments
Establishment units
Physical locations of this company
Brouwerijstraat 91
9880 Aalter
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.586.167
- VAT number
- BE 0473.586.167
- Registered office
- Brouwerijstraat 91, 9880 Aalter
- Names & denominations
- ELECTRO SERVICE TIMMERMAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2000
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
Algemene bouw van residentiële gebouwen
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Bouwen van individuele huizen
Overige gespecialiseerde bouwwerkzaamheden