TIMMERMANS INTERIEUR
Open bankruptcyA bankruptcy procedure is open for TIMMERMANS INTERIEUR according to publications in the Belgian State Gazette; curator: PATRICK SCHRUERS.
Summary
The 2024 annual accounts show equity of €617k and a net result of €-839k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
60 d early
2022
42 d late
2021
90 d early
2020
18 d early
2019
45 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€617k▲ 75.6%
2023 · €351k
2018: €397k
2019: €607k
2020: €585k
2021: €475k
2022: €309k
2023: €351k
2018 → 2024
Total assets
€2.66M▲ 19.4%
2023 · €2.23M
2018: €1.19M
2019: €1.40M
2020: €1.46M
2021: €1.20M
2022: €1.20M
2023: €2.23M
2018 → 2024
Net result
€-839k
2023 · €43k
2018: €-132k
2019: €-425
2020: €-22k
2021: €-110k
2022: €-167k
2023: €43k
2018 → 2024
Working capital
€-116k
2023 · €633k
2018: €367k
2019: €380k
2020: €408k
2021: €280k
2022: €108k
2023: €633k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€585k-€475k▼ 18.8%€309k▼ 35.1%€351k▲ 13.8%€617k▲ 75.6%
Operating result€15k-€-71k€-140k▼ 97.1%€89k€-781k
Net result€-22k-€-110k▼ 408%€-167k▼ 51.5%€43k€-839k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €781k after €89k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.66M
Fixed assets
€1.61M ▲ 318%
Current assets
€1.05M ▼ 43.1%
Equity and liabilities €2.66M
Equity
€617k ▲ 75.6%
Debt
€2.04M ▲ 8.9%
Debt's share of the balance-sheet total falls from 84.2% to 76.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-732k▼
2023 · €141k
Cash flow
€-791k▼
2023 · €95k
Current ratio
0.90▼
2023 · 1.52
Quick ratio
0.42▼
2023 · 0.87
Debt to equity
3.31▼
2023 · 5.34
ROE
-136.1%▼
2023 · 12.1%
ROA
-31.5%▼
2023 · 1.9%
Interest coverage
-11.71▼
2023 · 3.04
Debt ≤ 1 year
€1.16M▼
2023 · €1.21M
Debt > 1 year
€871k▲
2023 · €659k
Income taxes
€599▲
2023 · €473
Staff costs
€1.10M▲
2023 · €1.02M
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 · 2024 against 2023 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.23M€2.66M▲
Fixed assets21/28€386k€1.61M▲
Tangible fixed assets22/27€379k€1.60M▲
Land and buildings22€371k€1.60M▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€394€177▼
Leasing and similar rights25€4k€2k▼
Financial fixed assets28€7k€7k=
Current assets29/58€1.84M€1.05M▼
Stocks and contracts in progress3€796k€563k▼
Stocks30/36€312k€144k▼
Contracts in progress37€485k€419k▼
Amounts receivable within one year40/41€1.00M€470k▼
Trade receivables40€916k€460k▼
Other amounts receivable41€88k€11k▼
Cash at bank and in hand54/58€42k€15k▼
Deferred charges and accrued income490/1€756€172▼
Equity and liabilities
Total equity and liabilities10/49€2.23M€2.66M▲
Equity10/15€351k€617k▲
Contributions10/11€229k€59k▼
Revaluation surpluses12-€1.28M
Reserves13€247k€247k=
Tax-exempt reserves132€10k€10k=
Distributable reserves133€236k€236k=
Profit (loss) carried forward14€-124k€-963k▼
Amounts payable17/49€1.88M€2.04M▲
Amounts payable after more than one year17€659k€871k▲
Financial debts170/4€659k€871k▲
Amounts payable within one year42/48€1.21M€1.16M▼
Current portion of amounts payable after more than one year42€55k€122k▲
Financial debts43€347k€216k▼
Credit institutions430/8€147k€16k▼
Other loans439€200k€200k=
Trade debts44€644k€601k▼
Suppliers440/4€644k€601k▼
Taxes, remuneration and social security45€163k€225k▲
Taxes450/3€57k€92k▲
Remuneration and social security454/9€106k€133k▲
Accrued charges and deferred income492/3€9k€8k▼
Income statement
Code20232024
Remuneration, social security and pensions62€1.02M€1.10M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€49k▼
Other operating charges640/8€11k€35k▲
Non-recurring operating charges66A-€438
Gross operating margin9900€1.17M€403k▼
Operating profit (loss)9901€89k€-781k▼
Financial income75/76B€663€4k▲
Recurring financial income75€663€4k▲
Financial charges65/66B€47k€63k▲
Recurring financial charges65€47k€63k▲
Profit (loss) for the period before taxes9903€43k€-839k▼
Income taxes67/77€473€599▲
Profit (loss) for the period9904€43k€-839k▼
Profit (loss) for the period to be appropriated9905€43k€-839k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-124k€-963k▼
Profit (loss) brought forward from the previous period14P€-167k€-124k▲
Social balance
Average headcount (FTE)908717.516.3▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
24-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · TIMMERMANS INTERIEUR BV INDUSTRIEWEG-ZUID 1358, 3520 ZONHOVEN · event 18-06-2026
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 55 days late
2024
31-12
Financial
Weakest financial yearnet €-839k ▼2068%
Net result drops to €-839k, the lowest in the series.
31-12
Financial
Equity above €500kEq €617k ▲75.6%
Equity rises from €351k to €617k.
01-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €43k
Net result €43k after 5 loss-making years.
11-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 42 days late
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €500kEq €607k ▲52.7%
Equity rises from €397k to €607k.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zonhoven · 2 establishment units since 1997
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.
Industrieweg-Zuid 13583520 ZonhovenGround area
3,448 m²
Building footprint
1,938 m²
Volume, LiDAR
9,815 m³
Parcel 71442C0717/00F000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Industrieweg-Zuid 1358, 3520 Zonhoven
since 19972.084.664.711
Industrieweg-Zuid 1360, 3520 Zonhoven
since 20182.310.472.494
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71442C0717/00F000 | Flanders | 3,448 m² | 1 · 1,938 m² | 8.2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PATRICK SCHRUERS KEMPISCHE KAAI 7C/1.01,
3500 HASSELT |
18-06-2026 → present |
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 7,500 EUR awarded · 7,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 7,500 EUR | 7,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
6 categoriesTIMMERMANS INTERIEUR BV30131
Similar companies · same sector, comparable size
EMMIVER
BE 0473.999.804
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IMMO GEBROEDERS HUYBS
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ABECO
BE 0450.327.151
Antwerpen · Eq €618,339
Macbeth 4
BE 0805.683.285
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IMMO-INVESTO
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Genk · Eq €614,746
Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 4,370 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
Founded04-12-1997
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
77221Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.