TIMMERMANS PATRICK
ActiveTIMMERMANS PATRICK has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €29k and a net result of €924. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 34% of 36376 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▼-1
Solvency58▲+12
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.28 in 2023; short-term debt: 60.9% and cash: 67.4% of total assets), and 67.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 43
Relative position
BE, all sectors
reference
Sector 43
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
32.6%
Return on assets
1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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
31 d late
2023
40 d late
2022
22 d late
2021
22 d late
2020
20 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€29k▲ 3.3%
2023 · €28k
2018: €18k
2019: €24k
2020: €25k
2021: €25k
2022: €26k
2023: €28k
2018 → 2024
Total assets
€89k▼ 32.6%
2023 · €133k
2018: €53k
2019: €62k
2020: €78k
2021: €141k
2022: €108k
2023: €133k
2018 → 2024
Net result
€924▼ 61.9%
2023 · €2k
2018: €9k
2019: €6k
2020: €1k
2021: €708
2022: €268
2023: €2k
2018 → 2024
Working capital
€27k▲ 8.3%
2023 · €25k
2018: €16k
2019: €24k
2020: €23k
2021: €16k
2022: €20k
2023: €25k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€25k-€25k▲ 2.9%€26k▲ 1.1%€28k▲ 9.4%€29k▲ 3.3%
Operating result€3k-€3k▲ 3.9%€2k▼ 19.6%€5k▲ 127%€3k▼ 34.5%
Net result€1k-€708▼ 33.3%€268▼ 62.1%€2k▲ 805%€924▼ 61.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 35% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €89k
Fixed assets
€8k▼ 57.4%
Current assets
€81k▼ 28.4%
Equity and liabilities €89k
Equity
€29k▲ 3.3%
Debt
€60k▼ 42.3%
The debt ratio falls from 78.8% to 67.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▼
2023 · €18k
Cash flow
€14k▼
2023 · €15k
Solvency
32.6%▲
2023 · 21.2%
Current ratio
1.49▲
2023 · 1.28
Quick ratio
1.34▲
2023 · 1.19
Debt / equity
2.07▼
2023 · 3.71
ROE
3.2%▼
2023 · 8.6%
ROA
1.0%▼
2023 · 1.8%
Interest coverage
7.52▼
2023 · 8.28
Debt
€60k▼
2023 · €104k
Debt ≤ 1 year
€54k▼
2023 · €89k
Debt > 1 year
€6k▼
2023 · €16k
Income taxes
€232▼
2023 · €374
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€133k€89k▼
Fixed assets21/28€19k€8k▼
Tangible fixed assets22/27€19k€8k▼
Plant, machinery and equipment23€0€2k▲
Furniture and vehicles24€19k€7k▼
Financial fixed assets28€25€25=
Current assets29/58€113k€81k▼
Stocks and contracts in progress3€8k€8k▲
Stocks30/36€8k€8k▲
Amounts receivable within one year40/41€100k€10k▼
Trade receivables40€100k€7k▼
Other amounts receivable41€294€3k▲
Cash at bank and in hand54/58€2k€60k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€133k€89k▼
Equity10/15€28k€29k▲
Contributions10/11€19k€19k=
Reserves13€10k€11k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€8k€11k▲
Amounts payable17/49€104k€60k▼
Amounts payable after more than one year17€16k€6k▼
Financial debts170/4€16k€6k▼
Amounts payable within one year42/48€89k€54k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€16k€5k▼
Suppliers440/4€16k€5k▼
Taxes, remuneration and social security45€27k€232▼
Taxes450/3€8k€232▼
Remuneration and social security454/9€19k€0▼
Other amounts payable47/48€36k€39k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼
Other operating charges640/8€6k€14k▲
Gross operating margin9900€24k€30k▲
Operating profit (loss)9901€5k€3k▼
Financial income75/76B€5€31▲
Recurring financial income75€5€31▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€3k€1k▼
Income taxes67/77€374€232▼
Profit (loss) for the period9904€2k€924▼
Profit (loss) for the period to be appropriated9905€2k€924▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€924▼
Transfer to equity691/2€2k€924▼
To other reserves6921€2k€924▼
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
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
09-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 40 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Weakest financial yearnet €268 ▼62.1%
Net result drops to €268, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Roosdaal · 1 establishment unit since 1996
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.
Nieuwenbosweg 101760 RoosdaalGround area
2,293 m²
Building footprint
146 m²
Volume, LiDAR
764 m³
Parcel 23722B0160/00E000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TIMMERMANS PATRICK
since 19962.075.297.281
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23722B0160/00E000 | Flanders | 2,293 m² | 1 · 146 m² | 8.1 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.
Similar companies · same sector, comparable size
Algemene Dakwerken DVV REPAIR
BE 0831.596.539
Sint-Niklaas · Eq €29k
LEYDE GEVELRENOVATIE & DAKWERKEN
BE 0839.360.596
Geel · Eq €29k
OMY Roof Concept
BE 1003.484.004
Thuin · Eq €29k
Dak en Bouw Spiessens
BE 0794.978.544
Mortsel · Eq €29k
AV-NF
BE 0876.200.010
Manage · Eq €29k
Of 8,563 companies in sector 43410 we hold annual accounts for 4,358. 3,383 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-1994
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
45211
25110Manufacture of metal structures and parts of structures
41001General construction of residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.