TIMMERMAN S & J
ActiveSummary
TIMMERMAN S & J has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €17k. Equity is growing by ~32.6% per year across the filed fiscal years. Its solvency ranks better than 54% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+3
Solvency64▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.04 against 1.72 in 2024; short-term debt: 23.2% and cash: 38.8% of total assets), but 60.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.1%
Return on assets
7.8%
Age of the figures
15 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
5 d early
2024
4 d early
2023
27 d early
2022
1 d early
2021
on the day
2020
45 d early
2019
9 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€87k▲ 24.9%
2024 · €69k
2019: €7k
2020: €1k
2021: €25k
2022: €44k
2023: €58k
2024: €69k
2019 → 2025
Total assets
€221k▲ 2.8%
2024 · €215k
2019: €213k
2020: €222k
2021: €235k
2022: €221k
2023: €221k
2024: €215k
2019 → 2025
Net result
€17k▲ 47.8%
2024 · €12k
2019: €770
2020: €-6k
2021: €24k
2022: €7k
2023: €13k
2024: €12k
2019 → 2025
Working capital
€54k▲ 36.3%
2024 · €39k
2019: €-22k
2020: €-27k
2021: €-4k
2022: €13k
2023: €28k
2024: €39k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25k-€44k▲ 74.3%€58k▲ 29.9%€69k▲ 20.2%€87k▲ 24.9%
Operating result€32k-€13k▼ 59.5%€23k▲ 79.5%€23k▼ 1.3%€31k▲ 35.9%
Net result€24k-€7k▼ 73.3%€13k▲ 103%€12k▼ 12.0%€17k▲ 47.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 36% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €221k
Fixed assets
€116k ▼ 4.0%
Current assets
€105k ▲ 11.4%
Equity and liabilities €221k
Equity
€87k ▲ 24.9%
Debt
€135k ▼ 7.7%
Debt's share of the balance-sheet total falls from 67.8% to 60.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42k▲
2024 · €34k
Cash flow
€28k▲
2024 · €22k
Current ratio
2.04▲
2024 · 1.72
Quick ratio
1.89▲
2024 · 1.54
Debt to equity
1.55▼
2024 · 2.10
ROE
19.9%▲
2024 · 16.8%
ROA
7.8%▲
2024 · 5.4%
Interest coverage
8.25▲
2024 · 5.96
Debt ≤ 1 year
€51k▼
2024 · €55k
Debt > 1 year
€80k▼
2024 · €90k
Income taxes
€10k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€215k€221k▲
Fixed assets21/28€121k€116k▼
Tangible fixed assets22/27€121k€116k▼
Land and buildings22€114k€109k▼
Plant, machinery and equipment23€3k€5k▲
Furniture and vehicles24€4k€3k▼
Current assets29/58€94k€105k▲
Stocks and contracts in progress3€10k€8k▼
Stocks30/36€10k€8k▼
Amounts receivable within one year40/41€15k€11k▼
Trade receivables40€15k€11k▼
Other amounts receivable41-€204
Cash at bank and in hand54/58€69k€86k▲
Deferred charges and accrued income490/1-€60
Equity and liabilities
Total equity and liabilities10/49€215k€221k▲
Equity10/15€69k€87k▲
Contributions10/11€19k€19k=
Reserves13€51k€68k▲
Non-distributable reserves130/1€770€770=
Reserves not available under the articles1311€770€0▼
Other1319-€770
Distributable reserves133€50k€67k▲
Amounts payable17/49€146k€135k▼
Amounts payable after more than one year17€90k€80k▼
Financial debts170/4€90k€80k▼
Amounts payable within one year42/48€55k€51k▼
Current portion of amounts payable after more than one year42€9k€10k▲
Financial debts43-€3k
Credit institutions430/8-€3k
Trade debts44€11k€9k▼
Suppliers440/4€11k€9k▼
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€5k€7k▲
Other amounts payable47/48€30k€22k▼
Accrued charges and deferred income492/3€1k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€284€0▼
Gross operating margin9900€36k€44k▲
Operating profit (loss)9901€23k€31k▲
Financial income75/76B€731€560▼
Recurring financial income75€731€560▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€18k€27k▲
Income taxes67/77€7k€10k▲
Profit (loss) for the period9904€12k€17k▲
Profit (loss) for the period to be appropriated9905€12k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€17k▲
Transfer to equity691/2€12k€17k▲
To other reserves6921€12k€17k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €-6k ▼869%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
22-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gemeenteplein 348300 Knokke-HeistGround area
424 m²
Building footprint
146 m²
Volume, LiDAR
905 m³
Parcel 31333H0614/00R002, Flanders · tallest building 13.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Tandlabo Timmerman
since 20182.277.574.648
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31333H0614/00R002 | Flanders | 424 m² | 1 · 146 m² | 13.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Similar companies · same sector, comparable size
ProCare België
BE 0691.574.960
Leuven · Eq €86,834
ZorgVrij
BE 0707.739.912
Ravels · Eq €87,192
PROXYMED MEDICAL CONSULTING SOLUTION
BE 0700.238.941
Sint-Jans-Molenbeek · Eq €85,728
Orthomonte
BE 0784.485.619
Tielt · Eq €85,226
CARDON BIO
BE 0782.633.810
Gent · Eq €88,397
Of 1,070 companies in sector 47741 we hold annual accounts for 644. 475 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2018
Fiscal year end30-06
Activities, NACEBEL 2025
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
32500Manufacture of medical and dental instruments and supplies
47400Retail sale of information and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:050/615535