Financials
Financial year 2025
BART TIMMERMAN from Oudenburg, company number BE0890490979, closed financial year 2025 with a result of € 58,467 after tax. For that financial year BART TIMMERMAN recorded a gross margin of € 340,292 and equity of € 238,154. Compared with financial year 2024, the result moved from € 25,539 to € 58,467. Profitable, and profit is growing. 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 June 30, 2026.
€ 238,154
▲ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 58,467
▲ 129% vs 2024
Profit after tax over the fiscal year.
€ 63,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2.8
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 196,379
€ 70,100 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.
€ 22,473
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 196,227
▼ 28% vs 2024
€ 43,033 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 68,436
▲ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,611
▲ 20% 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 | € 211,240 | € 257,967 | € 298,421 | € 340,292 | ▲ 14% |
| Profit after taxes | € -1,932 | € 19,216 | € 25,539 | € 58,467 | ▲ 129% |
| Equity | € 134,932 | € 154,148 | € 179,687 | € 238,154 | ▲ 33% |
| Total debts | € 309,781 | € 343,162 | € 332,042 | € 282,274 | ▼ 15% |
| Cash | - | - | € 6,318 | - | |
| Land & buildings | € 337,822 | € 336,068 | € 341,358 | € 325,648 | ▼ 5% |
| Retained profit | € 128,732 | € 147,948 | € 173,487 | € 231,954 | ▲ 34% |
| Dividend | € 0 | € 0 | € 0 | € 63,000 | |
| Bank debt | € 278,863 | € 282,418 | € 272,081 | € 196,227 | ▼ 28% |
| Balance sheet total | € 468,833 | € 519,816 | € 532,619 | € 539,703 | ▲ 1% |
| Employees (FTE) | - | - | 3.3 | 2.8 | ▼ 0.5 |
By gross margin, BART TIMMERMAN ranks 48th of 139 companies with main activity “Overig loodgieterswerk” in West Flanders that publish figures (fiscal year 2025).
Key figures of BART 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 31 July 2027.
Ask about BART TIMMERMAN the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to BART TIMMERMAN?
What happened at BART 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 € 58,467 (▲ 129% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Oudenburg. KBO
In short
From € 1,932 loss in 2022 to € 58,467 profit in 2025.
Paid € 49,677 in corporate taxes since 2022.
Best year ever: 2025, with € 58,467 profit.
On average € 121,500 of value added per employee in 2025.
Management
Behind BART TIMMERMAN is Bart Timmerman.
Directors
According to the 2025 annual accounts
Bart Timmerman
Director
Establishments
Establishment units
Physical locations of this company
Hoge Dijken 9
8460 Oudenburg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Timmerman Bart(vennoot) 99.5%
- Verbandt Ilse(vennoot) 0.5%
Details
- Company number
- 0890.490.979
- VAT number
- BE 0890.490.979
- Registered office
- Hoge Dijken 9, 8460 Oudenburg
- Names & denominations
- BART TIMMERMAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 2007
- Peppol
- Active · Active since 25 Jun 2026
- Activities · NACE
Overig loodgieterswerk
Installatie van verwarming, klimaatregeling en ventilatie
Loodgieterswerk
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Overige werkzaamheden in verband met de afwerking van gebouwen
Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen
Groothandel in loodgietersmateriaal en verwarmingsinstallaties
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