TIMMERMAN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €798k and a net result of €148k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 88% of 5507 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-11-2025, 155 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
155 d early
2024
65 d early
2023
41 d early
2022
55 d early
2021
61 d early
2020
60 d early
2019
45 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€798k▲ 22.8%
2024 · €650k
2018: €537k
2019: €541k
2020: €557k
2021: €545k
2022: €559k
2023: €573k
2024: €650k
2018 → 2025
Net result
€148k▲ 51.7%
2024 · €98k
2018: €20k
2019: €3k
2020: €16k
2021: €38k
2022: €30k
2023: €32k
2024: €98k
2018 → 2025
Total assets
€858k▲ 21.1%
2024 · €708k
2018: €669k
2019: €652k
2020: €654k
2021: €632k
2022: €627k
2023: €637k
2024: €708k
2018 → 2025
Solvency
93.0%▲ 1.3pp
2024 · 91.7%
2018: 80.3%
2019: 83.0%
2020: 85.2%
2021: 86.3%
2022: 89.2%
2023: 89.9%
2024: 91.7%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€545k-€559k▲ 2.6%€573k▲ 2.4%€650k▲ 13.5%€798k▲ 22.8%
Operating result€62k-€46k▼ 25.8%€49k▲ 6.2%€108k▲ 121%€183k▲ 70.2%
Net result€38k-€30k▼ 20.7%€32k▲ 6.7%€98k▲ 204%€148k▲ 51.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 70% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €858k
Fixed assets
€218k▼ 18.4%
Current assets
€640k▲ 45.0%
Equity and liabilities €858k
Equity
€798k▲ 22.8%
Debt
€60k▲ 2.2%
The debt ratio falls from 8.3% to 7.0%. Equity and debt are higher.
Key figures and ratios
Solvency
93.0%▲
2024 · 91.7%
ROE
18.6%▲
2024 · 15.1%
ROA
17.3%▲
2024 · 13.8%
Debt
€60k▲
2024 · €58k
Debt ≤ 1 year
€45k▲
2024 · €36k
Debt > 1 year
€14k▼
2024 · €20k
Income taxes
€61k▲
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€708k€858k▲
Fixed assets21/28€267k€218k▼
Tangible fixed assets22/27€258k€209k▼
Land and buildings22€236k€201k▼
Plant, machinery and equipment23€2k€966▼
Furniture and vehicles24€20k€7k▼
Financial fixed assets28€9k€9k=
Current assets29/58€441k€640k▲
Amounts receivable after more than one year29€50k€50k=
Other amounts receivable291€50k€50k=
Amounts receivable within one year40/41€10k€12k▲
Trade receivables40€10k€12k▲
Other amounts receivable41€0-
Current investments50/53€364k€489k▲
Cash at bank and in hand54/58€12k€84k▲
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€708k€858k▲
Equity10/15€650k€798k▲
Contributions10/11€6k€6k=
Reserves13€629k€777k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€629k€777k▲
Profit (loss) carried forward14€15k€15k=
Amounts payable17/49€58k€60k▲
Amounts payable after more than one year17€20k€14k▼
Financial debts170/4€20k€14k▼
Amounts payable within one year42/48€36k€45k▲
Current portion of amounts payable after more than one year42€12k€7k▼
Trade debts44€3k€922▼
Suppliers440/4€3k€922▼
Taxes, remuneration and social security45€14k€29k▲
Taxes450/3€14k€29k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€8k€8k▲
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€49k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€166k€235k▲
Operating profit (loss)9901€108k€183k▲
Financial income75/76B€29k€28k▼
Recurring financial income75€29k€28k▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€134k€210k▲
Income taxes67/77€37k€61k▲
Profit (loss) for the period9904€98k€148k▲
Profit (loss) for the period to be appropriated9905€98k€148k▲
Appropriation of the result
Profit (loss) to be appropriated9906€113k€163k▲
Profit (loss) brought forward from the previous period14P€15k€15k=
Transfer from equity791/2€20k€0▼
Transfer to equity691/2€98k€148k▲
To other reserves6921€98k€148k▲
Profit to be distributed694/7€20k€0▼
Return on contributions (dividend)694€20k€0▼
The notes to these accounts (16 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
26-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-09
Financial
Highest result since 2018net €148k ▲51.7%
Operating result €183k, net result €148k, both a record.
24-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet €3k ▼83.4%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
26-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-02
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
6 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, Jabbeke · 1 establishment unit since 2000
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.
Bakeroothoek 48490 JabbekeGround area
673 m²
Building footprint
116 m²
Volume, LiDAR
671 m³
Parcel 31035C0121/00F000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bakeroothoek 4, 8490 Jabbeke
since 20002.097.332.614
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31035C0121/00F000 | Flanders | 673 m² | 1 · 116 m² | 8.9 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
894500R99BKZJZXQWI04
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PSD & C°
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,754. 13,156 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2000
Fiscal year end30-09
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.