W. Timmermans
ActiveSummary
W. Timmermans has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €489k and a net result of €29k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 62% of 83 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-1
Solvency75=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.98 against 1.94 in 2024; short-term debt: 49.8% of total assets), and 49.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 24
Relative position
BE, all sectors
reference
Sector 24
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
50.2%
Return on assets
2.9%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-02-2026, 9 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
9 d late
2024
4 d late
2023
on the day
2022
13 d early
2021
3 d early
2020
46 d early
2019
23 d late
← 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
€489k▲ 6.2%
2024 · €460k
2019: €309k
2020: €319k
2021: €341k
2022: €379k
2023: €432k
2024: €460k
2019 → 2025
Total assets
€975k▲ 6.2%
2024 · €917k
2019: €361k
2020: €441k
2021: €472k
2022: €525k
2023: €796k
2024: €917k
2019 → 2025
Net result
€29k▲ 1.7%
2024 · €28k
2019: €26k
2020: €10k
2021: €22k
2022: €38k
2023: €53k
2024: €28k
2019 → 2025
Working capital
€474k▲ 9.9%
2024 · €431k
2019: €227k
2020: €232k
2021: €279k
2022: €333k
2023: €401k
2024: €431k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€341k-€379k▲ 11.2%€432k▲ 14.1%€460k▲ 6.5%€489k▲ 6.2%
Operating result€36k-€56k▲ 55.5%€81k▲ 42.9%€42k▼ 47.7%€44k▲ 4.1%
Net result€22k-€38k▲ 72.9%€53k▲ 40.1%€28k▼ 47.1%€29k▲ 1.7%
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 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €975k
Fixed assets
€15k ▼ 48.2%
Current assets
€959k ▲ 8.0%
Equity and liabilities €975k
Equity
€489k ▲ 6.2%
Debt
€485k ▲ 6.3%
Debt's share of the balance-sheet total stays at 49.8%.
Key figures and ratios
EBITDA
€58k▲
2024 · €56k
Cash flow
€43k▲
2024 · €42k
Current ratio
1.98▲
2024 · 1.94
Debt to equity
0.99=
2024 · 0.99
ROE
5.9%▼
2024 · 6.1%
ROA
2.9%▼
2024 · 3.1%
Interest coverage
633.04▼
2024 · 679.24
Debt ≤ 1 year
€485k▲
2024 · €457k
Income taxes
€15k▲
2024 · €14k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€917k€975k▲
Fixed assets21/28€29k€15k▼
Tangible fixed assets22/27€29k€15k▼
Land and buildings22€12k€4k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€15k€9k▼
Current assets29/58€888k€959k▲
Stocks and contracts in progress3€5k-
Stocks30/36€5k-
Amounts receivable within one year40/41€3k€11k▲
Trade receivables40€3k€11k▲
Current investments50/53€880k€948k▲
Equity and liabilities
Total equity and liabilities10/49€917k€975k▲
Equity10/15€460k€489k▲
Contributions10/11€149k€149k=
Capital10€149k€149k=
Issued capital100€149k€149k=
Reserves13€312k€340k▲
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€278k€307k▲
Amounts payable17/49€457k€485k▲
Amounts payable within one year42/48€457k€485k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€23k€18k▼
Taxes450/3€23k€18k▼
Other amounts payable47/48€430k€465k▲
Income statement
Code20242025
Non-recurring operating income76A€64k-
Remuneration, social security and pensions62€464-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▲
Other operating charges640/8€6k€5k▼
Gross operating margin9900€62k€63k▲
Operating profit (loss)9901€42k€44k▲
Financial income75/76B€551€26▼
Recurring financial income75€1€26▲
Non-recurring financial income76B€550-
Financial charges65/66B€82€91▲
Recurring financial charges65€82€91▲
Profit (loss) for the period before taxes9903€43k€44k▲
Income taxes67/77€14k€15k▲
Profit (loss) for the period9904€28k€29k▲
Profit (loss) for the period to be appropriated9905€28k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€29k▲
Transfer to equity691/2€28k€29k▲
To other reserves6921€28k€29k▲
The notes to these accounts (3 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
09-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 9 days late
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €53k ▲40.1%
Operating result €81k, net result €53k, both a record.
18-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €10k ▼62.4%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
23-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 23 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-01
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
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, Bree · 2 establishment units since 1948
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.
Brugstraat 793960 BreeGround area
2,493 m²
Building footprint
586 m²
Volume, LiDAR
4,939 m³
3 parcels, Flanders · tallest building 16.4 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Bosstraat 39, 3680 Maaseik
since 19482.003.923.493
Hoogstraat 14, 3960 Bree
since 19482.003.923.592
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72004B0091/00V002 | Flanders | 1,096 m² | - | - |
| 72021E0063/00Z000 | Flanders | 709 m² | 1 · 471 m² | 16.4 m · 3 fl. |
| 72004B0571/00G000 | Flanders | 688 m² | 1 · 116 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
ETS V. DRADIN ET FILS
BE 0425.020.940
Huy · Eq €498k
PEDEO
BE 0443.950.093
Oudenaarde · Eq €712k
MECASOUDAGE
BE 0870.690.311
La Louvière · Eq €271k
BRONS- EN ALUMINIUMGIETERIJ CEYSENS
BE 0471.708.129
Hechtel-Eksel · Eq €185k
METTET FER
BE 0668.798.469
Mettet · Eq €162k
Of 19 companies in sector 24530 we hold annual accounts for 11. 9 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 formPublic limited company
Founded01-01-1968
Fiscal year end30-06
Activities, NACEBEL 2025
24530Manufacture of basic metals
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.