ACTIVE

TIMMERMAN & TIMMERMAN

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Financial year 2025 · Closed on 30/06/2025

Net result70,8 k €-31,3 %over 1 year
Gross margin331,3 k €-2,8 %over 1 year
Equity656,9 k €+12,1 %over 1 year

Identity

Source · BCE/KBO

TIMMERMAN & TIMMERMAN is a Private limited company incorporated in 2007. Its main activity is: Gambling and betting activities. Its registered office is in Knokke-Heist.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0890.493.751
Incorporation
02/07/2007
Legal form
Private limited company
Registered office
Zeewindstraat 13-15
8300 Knokke-Heist · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2025
Joint committees (1)
  • 100
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin331,3 k €340,8 k €355,5 k €430,4 k €400,2 k €
EBITDA244,4 k €276 k €285,9 k €367 k €313,6 k €
Operating result91,5 k €145,2 k €137,9 k €228,6 k €208 k €
Net result70,8 k €103,1 k €98,6 k €182,3 k €155,8 k €
Balance sheet
Equity656,9 k €586,2 k €573,8 k €561,6 k €519,3 k €
Total assets716 k €827,5 k €734,7 k €776,8 k €743,9 k €
Cash303 k €326,9 k €275,2 k €322,6 k €380,6 k €
Debts59 k €241,4 k €160,6 k €214,8 k €224,3 k €
Other
Workforce–2,2 ETP2,5 ETP2,8 ETP4,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 17 ended

Active mandates

Franciscus Govaerts

Director · since 02 juillet 2007

Active
Kathleen Timmerman

Director · since 02 juillet 2007

Active

Ended mandates

Franciscus Govaerts

Chairman of the board of directors · since 01 juillet 2023

Ended
Franciscus Govaerts

Chairman of the board of directors · since 01 juillet 2022

Ended
Franciscus Govaerts

Chairman of the board of directors · since 01 juillet 2021

Ended
Franciscus Govaerts

Managing director · since 01 juillet 2020

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/10/202503/12/202430/11/202322/12/202220/12/202111/01/2021
General meeting06/10/202505/11/202407/11/202320/12/202216/11/202126/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202506/10/202516/10/2025DutchPDF
Abridged model30/06/202405/11/202403/12/2024DutchPDF
Abridged model30/06/202307/11/202330/11/2023DutchPDF
Abridged model30/06/202220/12/202222/12/2022DutchPDF
Abridged model30/06/202116/11/202120/12/2021DutchPDF
Abridged model30/06/202026/11/202011/01/2021DutchPDF
Abridged model30/06/201916/12/201903/02/2020DutchPDF
Abridged model30/06/201805/12/201821/01/2019DutchPDF
Abridged model30/06/201723/11/201717/01/2018DutchPDF
Abridged model30/06/201612/09/201610/10/2016DutchPDF
Abridged model30/06/201522/10/201514/12/2015DutchPDF
Abridged model30/06/201404/12/201422/01/2015DutchPDF
Abridged model30/06/201319/12/201317/02/2014DutchPDF
Abridged model30/06/201220/11/201211/02/2013DutchPDF
Abridged model30/06/201115/12/201128/02/2012DutchPDF
Abridged model30/06/201031/12/201024/02/2011DutchPDF
Abridged model30/06/200917/12/200915/01/2010DutchPDF
Abridged model30/06/200818/12/200831/12/2008DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 17 ended

Active mandates

Franciscus Govaerts

Director · since 02 juillet 2007

Active
Kathleen Timmerman

Director · since 02 juillet 2007

Active

Ended mandates

Franciscus Govaerts

Chairman of the board of directors · since 01 juillet 2023

Ended
Franciscus Govaerts

Chairman of the board of directors · since 01 juillet 2022

Ended
Franciscus Govaerts

Chairman of the board of directors · since 01 juillet 2021

Ended
Franciscus Govaerts

Managing director · since 01 juillet 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/07/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/02/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/07/2007
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202570,8 k €↓
  2. 2024
    Annual accounts 2024103,1 k €↑
  3. 2023
    Annual accounts 202398,6 k €↓
  4. 2022
    Annual accounts 2022182,3 k €↑
  5. 2021
    Annual accounts 2021155,8 k €↑
  6. 2020
    Annual accounts 202080,1 k €↓
  7. 2019
    Annual accounts 2019133 k €↑
  8. 2018
    Annual accounts 201890,7 k €↑
  9. 2017
    Annual accounts 201786,4 k €↑
  10. 2016
    Annual accounts 201611,1 k €↑
  11. 2015
    Annual accounts 2015-894 €↓
  12. 2014
    Annual accounts 201450,3 k €↑
  13. 2013
    Annual accounts 2013-33,5 k €↓
  14. 2012
    Annual accounts 201232,7 k €↓
  15. 2011
    Annual accounts 201152,3 k €↑
  16. 2010
    Annual accounts 201037,5 k €↓
  17. 2009
    Annual accounts 200952,1 k €
  18. 02/07/2007
    IncorporationPrivate limited company