Financials
Financial year 2025
TIMMERS SERVICE from Houthalen-Helchteren, company number BE0677427016, closed financial year 2025 with a result of € -61,753 after tax. For that financial year TIMMERS SERVICE recorded a gross margin of € -16,309 and equity of € 24,818. Compared with financial year 2024, the result moved from € 10,016 to € -61,753. The company made a loss. The buffer shrank hard: equity is 71 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 24,818
▼ 71% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -61,753
▼ still € 10,016 profit in 2024
Profit after tax over the fiscal year.
€ 33,668
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6,218.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 26,483
▼ 17% 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.
€ 10,631
▼ 75% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 18,333
▼ 21% vs 2024
€ 5,186 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 29,788
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,197
▼ 63% 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 | € 41,098 | € 78,628 | € 64,522 | € -16,309 | ▼ € 80,831 |
| Profit after taxes | € 10,717 | € 48,295 | € 10,016 | € -61,753 | ▼ € 71,769 |
| Equity | € 31,525 | € 78,220 | € 86,570 | € 24,818 | ▼ 71% |
| Total debts | € 47,591 | € 53,920 | € 77,934 | € 70,447 | ▼ 10% |
| Cash | € 40,003 | € 49,946 | € 34,888 | € 33,668 | ▼ 3% |
| Retained profit | € 12,925 | € 59,620 | € 67,970 | € 6,218 | ▼ 91% |
| Dividend | € 0 | € 1,600 | € 1,666 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 0 | € 23,269 | € 18,333 | ▼ 21% |
| Balance sheet total | € 79,116 | € 132,141 | € 164,504 | € 95,265 | ▼ 42% |
Key figures of TIMMERS SERVICE, 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 TIMMERS SERVICE?
What happened at TIMMERS SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 61,753 (▼ € 71,769 vs 2024). Source: NBB ↗
- Satilmis Basan became a director. NBB
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,717 profit in 2022 to € 61,753 loss in 2025.
Paid € 29,662 in corporate taxes since 2022.
Best year ever: 2023, with € 48,295 profit.
Paid out € 3,266 in dividends to the owners in total.
Management
Behind TIMMERS SERVICE is Satilmis Basan. Satilmis Basan is also behind Immo SATO.
Directors
According to the 2025 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Weg naar Zwartberg 1
3530 Houthalen-Helchteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0677.427.016
- VAT number
- BE 0677.427.016
- Registered office
- Weg naar Zwartberg 1, 3530 Houthalen-Helchteren
- Names & denominations
- TIMMERS SERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2017
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Detailhandel in motorbrandstoffen
Detailhandel in dranken, algemeen assortiment
Overige detailhandel in voedingsmiddelen, neg
Detailhandel in kranten en andere tijdschriften
Detailhandel in tabaksproducten
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels
Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.