VISHANDEL TIMMERMAN
ActiveSummary
VISHANDEL TIMMERMAN has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €824k and a net result of €78k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 71% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-8
Solvency83▼-17
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 2.42 against 3.46 in 2024; short-term debt: 24% and cash: 13.5% of total assets), and 41.7% of the assets are financed with debt.
Credit check 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
58.3%
Return on assets
5.5%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
2 d early
2023
13 d early
2022
20 d early
2021
3 d late
2020
33 d early
2019
6 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€824k▼ 1.9%
2024 · €840k
2019: €629k
2020: €729k
2021: €848k
2022: €1.01M
2023: €816k
2024: €840k
2019 → 2025
Total assets
€1.41M▲ 30.5%
2024 · €1.08M
2019: €732k
2020: €838k
2021: €1.00M
2022: €1.11M
2023: €982k
2024: €1.08M
2019 → 2025
Net result
€78k▼ 41.2%
2024 · €132k
2019: €94k
2020: €102k
2021: €234k
2022: €161k
2023: €105k
2024: €132k
2019 → 2025
Working capital
€483k▼ 18.0%
2024 · €589k
2019: €441k
2020: €493k
2021: €644k
2022: €826k
2023: €651k
2024: €589k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€848k-€1.01M▲ 18.8%€816k▼ 19.1%€840k▲ 2.9%€824k▼ 1.9%
Operating result€304k-€229k▼ 24.6%€147k▼ 36.1%€186k▲ 27.1%€119k▼ 36.2%
Net result€234k-€161k▼ 31.1%€105k▼ 35.2%€132k▲ 26.6%€78k▼ 41.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 36% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.41M
Fixed assets
€590k ▲ 132%
Current assets
€822k ▼ 0.7%
Equity and liabilities €1.41M
Equity
€824k ▼ 1.9%
Debt
€589k ▲ 143%
Debt's share of the balance-sheet total rises from 22.4% to 41.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€171k▼
2024 · €243k
Cash flow
€130k▼
2024 · €189k
Current ratio
2.42▼
2024 · 3.46
Quick ratio
2.21▼
2024 · 3.16
Debt to equity
0.71▲
2024 · 0.29
ROE
9.5%▼
2024 · 15.8%
ROA
5.5%▼
2024 · 12.2%
Interest coverage
19.72▼
2024 · 61.45
Debt ≤ 1 year
€339k▲
2024 · €239k
Debt > 1 year
€241k
Income taxes
€40k▼
2024 · €54k
Staff costs
€338k▲
2024 · €336k
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 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.08M€1.41M▲
Fixed assets21/28€254k€590k▲
Tangible fixed assets22/27€254k€590k▲
Land and buildings22€60k€101k▲
Plant, machinery and equipment23€187k€169k▼
Furniture and vehicles24€8k€98k▲
Assets under construction and advance payments27-€222k
Current assets29/58€828k€822k▼
Stocks and contracts in progress3€73k€72k▼
Stocks30/36€73k€72k▼
Amounts receivable within one year40/41€12k€83k▲
Trade receivables40€2k€0▼
Other amounts receivable41€10k€83k▲
Current investments50/53€531k€474k▼
Cash at bank and in hand54/58€207k€190k▼
Deferred charges and accrued income490/1€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.41M▲
Equity10/15€840k€824k▼
Contributions10/11€19k€19k=
Reserves13€821k€805k▼
Tax-exempt reserves132€101k€0▼
Distributable reserves133€720k€805k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€242k€589k▲
Amounts payable after more than one year17-€241k
Financial debts170/4-€241k
Amounts payable within one year42/48€239k€339k▲
Trade debts44€57k€108k▲
Suppliers440/4€57k€108k▲
Advances received on contracts in progress46€1k€776▼
Taxes, remuneration and social security45€82k€66k▼
Taxes450/3€19k€18k▼
Remuneration and social security454/9€63k€48k▼
Other amounts payable47/48€99k€164k▲
Accrued charges and deferred income492/3€3k€8k▲
Income statement
Code20242025
Remuneration, social security and pensions62€336k€338k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€53k▼
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A-€72
Gross operating margin9900€581k€512k▼
Operating profit (loss)9901€186k€119k▼
Financial income75/76B€4k€8k▲
Recurring financial income75€4k€8k▲
Financial charges65/66B€4k€9k▲
Recurring financial charges65€4k€9k▲
Profit (loss) for the period before taxes9903€187k€118k▼
Income taxes67/77€54k€40k▼
Profit (loss) for the period9904€132k€78k▼
Transfer from tax-exempt reserves789-€101k
Profit (loss) for the period to be appropriated9905€132k€179k▲
Appropriation of the result
Profit (loss) to be appropriated9906€132k€179k▲
Transfer from equity791/2€108k€92k▼
Transfer to equity691/2€132k€177k▲
To other reserves6921€132k€177k▲
Profit to be distributed694/7€108k€94k▼
Return on contributions (dividend)694€108k€94k▼
Social balance
Average headcount (FTE)90877.26.9▼
The notes to these accounts (14 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet €78k ▼41.2%
Net result drops to €78k, the lowest in the series.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
18-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Equity above €1MEq €1.01M ▲18.8%
4 profitable years in a row build equity to €1.01M.
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
31-03
Financial
Highest result since 2019net €234k ▲130%
Operating result €304k, net result €234k, both a record.
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
10-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Oostkamp · 1 establishment unit since 2007
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.
Brugsestraat 758020 OostkampGround area
390 m²
Building footprint
301 m²
Parcel 31403H0480/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
Vishandel Timmerman
since 20072.166.258.042
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31403H0480/00D000 | Flanders | 390 m² | 1 · 301 m² | - |
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
2025 · 1 entry · 632 EUR awarded · 632 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 632 EUR | 632 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostkamp2.166.258.042
Similar companies · same sector, comparable size
PESCA VIVA
BE 0848.651.119
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MERLIN
BE 0861.300.711
Nieuwpoort · Eq €803k
WENZHOU SEAFOOD
BE 0876.981.255
Antwerpen · Eq €880k
Vishandel De Kust
BE 0879.303.812
Zottegem · Eq €883k
DUBRUL
BE 0806.511.745
Kortrijk · Eq €911k
Of 465 companies in sector 47230 we hold annual accounts for 269. 132 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
Founded18-10-2007
Fiscal year end31-03
Activities, NACEBEL 2025
47230Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.