What does AC Timber Trading do?

AC Timber Trading is registered with the CBE as active in: Groothandel in hout. Public Limited, started on 1 January 1968, 1 establishment.

What is the address of AC Timber Trading?

The registered office of AC Timber Trading is located at Vasco da Gamalaan 1, 9042 Gent.

Is AC Timber Trading still active?

Yes. According to the CBE (29 October 2026) AC Timber Trading is active, legal situation “Normale toestand”, started on 1 January 1968.

Is AC Timber Trading registered on Peppol?

Yes, AC Timber Trading is registered on the Peppol network with ID 0208:0400114805.

What is the enterprise number of AC Timber Trading?

The enterprise number of AC Timber Trading is BE0400114805.

When was AC Timber Trading founded?

AC Timber Trading was founded on 1 January 1968.

Who are the directors of AC Timber Trading?

According to the 2025 annual accounts, the directors of AC Timber Trading are: Aqufin BV, Noverpo BV, Lammertyn Logistiek Douane & Advies BV, Hout-Bois Van Steenberge NV, Van Steenberge Invest NV, Almelior BV.

Is AC Timber Trading a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 5 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account.

How much profit did AC Timber Trading make in 2025?

AC Timber Trading posted a profit after taxes of € 2,595,354 in financial year 2025.

What is the revenue of AC Timber Trading?

In its most recent annual accounts (2025), AC Timber Trading reported revenue of € 17,938,884.

How much does an employee at AC Timber Trading earn?

The average wage cost per full-time employee at AC Timber Trading was € 79,200 in 2025: staff costs of € 863,254 for 10.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does AC Timber Trading have?

According to the 2025 annual accounts, AC Timber Trading has 10.9 full-time equivalents (FTE).

AC Timber Trading (Public Limited) - Gent - BE0400114805

Dossier AC Timber Trading, printed on 29 October 2026 from databakkes.be/en/0400114805/ac-timber-trading. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 27.3 to 10.9.
Figures corrected NBB

Corrected annual account filed for 2022.

Financials

Financial year 2025

AC Timber Trading from Gent, company number BE0400114805, closed financial year 2025 with a result of € 2.6 million after tax. For that financial year AC Timber Trading recorded revenue of € 17.9 million and equity of € 4.1 million. Compared with financial year 2024, the result moved from € -620,255 to € 2.6 million. Profitable, and profit is growing. The buffer shrank hard: equity is 59 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Shrank hard

€ 4.1 million

▼ 59% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 2.6 million

▲ still € 620,255 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 13,892

▼ 79% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 3.4 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

10.9

▼ 5.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 2.7 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 863,254

▼ 34% vs 2024

€ 79,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 116,385

▼ 43% vs 2024

Of which on lease € 18,010.

Debts at end 2025

Bank debt

€ 753,098

▼ 13% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 872,950

▲ 77% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 17 days on average.

Taxes and wages

€ 479,176

▲ € 360,991 vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 53,760,226 Revenue 2022: € 53,760,226 First fiscal year in the series	€ 36,182,852 Revenue 2023: € 36,182,852 ▼ 33% vs 2022 (€ 53,760,226) Unfavourable step	€ 37,129,817 Revenue 2024: € 37,129,817 ▲ 3% vs 2023 (€ 36,182,852) Favourable step	€ 17,938,884 Revenue 2025: € 17,938,884 ▼ 52% vs 2024 (€ 37,129,817) Unfavourable step	▼ 52%
Profit after taxes	€ -2,519,077 Profit after taxes 2022: € -2,519,077 First fiscal year in the series	€ -3,225,480 Profit after taxes 2023: € -3,225,480 ▼ € 706,403 vs 2022 (€ -2,519,077) Unfavourable step	€ -620,255 Profit after taxes 2024: € -620,255 ▲ € 2.6 million vs 2023 (€ -3,225,480) Favourable step	€ 2,595,354 Profit after taxes 2025: € 2,595,354 ▲ € 3.2 million vs 2024 (€ -620,255) Favourable step	▲ € 3.2 million
Equity	€ 13,958,342 Equity 2022: € 13,958,342 First fiscal year in the series	€ 10,732,863 Equity 2023: € 10,732,863 ▼ 23% vs 2022 (€ 13,958,342) Unfavourable step	€ 10,112,608 Equity 2024: € 10,112,608 ▼ 6% vs 2023 (€ 10,732,863) Unfavourable step	€ 4,140,046 Equity 2025: € 4,140,046 ▼ 59% vs 2024 (€ 10,112,608) Unfavourable step	▼ 59%
Total debts	€ 13,788,879 Total debts 2022: € 13,788,879 First fiscal year in the series	€ 9,305,334 Total debts 2023: € 9,305,334 ▼ 33% vs 2022 (€ 13,788,879) Favourable step	€ 1,578,495 Total debts 2024: € 1,578,495 ▼ 83% vs 2023 (€ 9,305,334) Favourable step	€ 2,808,833 Total debts 2025: € 2,808,833 ▲ 78% vs 2024 (€ 1,578,495) Unfavourable step	▲ 78%
Cash	€ 117,771 Cash 2022: € 117,771 First fiscal year in the series	€ 433,541 Cash 2023: € 433,541 ▲ 268% vs 2022 (€ 117,771) Favourable step	€ 67,519 Cash 2024: € 67,519 ▼ 84% vs 2023 (€ 433,541) Unfavourable step	€ 13,892 Cash 2025: € 13,892 ▼ 79% vs 2024 (€ 67,519) Unfavourable step	▼ 79%
Land & buildings	€ 567,360 Land & buildings 2022: € 567,360 First fiscal year in the series	€ 520,926 Land & buildings 2023: € 520,926 ▼ 8% vs 2022 (€ 567,360) Unchanged	€ 474,351 Land & buildings 2024: € 474,351 ▼ 9% vs 2023 (€ 520,926) Unchanged	€ 404,245 Land & buildings 2025: € 404,245 ▼ 15% vs 2024 (€ 474,351) Unchanged	▼ 15%
Retained profit	€ 8,752,578 Retained profit 2022: € 8,752,578 First fiscal year in the series	€ 5,527,099 Retained profit 2023: € 5,527,099 ▼ 37% vs 2022 (€ 8,752,578) Unfavourable step	€ 4,906,844 Retained profit 2024: € 4,906,844 ▼ 11% vs 2023 (€ 5,527,099) Unfavourable step	€ 4,078,546 Retained profit 2025: € 4,078,546 ▼ 17% vs 2024 (€ 4,906,844) Unfavourable step	▼ 17%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 3,423,652 Dividend 2025: € 3,423,652 Unchanged (€ 0) Unchanged
Bank debt	€ 11,620,002 Bank debt 2022: € 11,620,002 First fiscal year in the series	€ 6,061,892 Bank debt 2023: € 6,061,892 ▼ 48% vs 2022 (€ 11,620,002) Favourable step	€ 863,227 Bank debt 2024: € 863,227 ▼ 86% vs 2023 (€ 6,061,892) Favourable step	€ 753,098 Bank debt 2025: € 753,098 ▼ 13% vs 2024 (€ 863,227) Favourable step	▼ 13%
Balance sheet total	€ 27,847,221 Balance sheet total 2022: € 27,847,221 First fiscal year in the series	€ 20,087,082 Balance sheet total 2023: € 20,087,082 ▼ 28% vs 2022 (€ 27,847,221) Unchanged	€ 11,691,103 Balance sheet total 2024: € 11,691,103 ▼ 42% vs 2023 (€ 20,087,082) Unchanged	€ 6,948,878 Balance sheet total 2025: € 6,948,878 ▼ 41% vs 2024 (€ 11,691,103) Unchanged	▼ 41%
Employees (FTE)	32.1 Employees (FTE) 2022: 32.1 First fiscal year in the series	27.3 Employees (FTE) 2023: 27.3 ▼ 4.8 vs 2022 (32.1) Unchanged	16.8 Employees (FTE) 2024: 16.8 ▼ 10.5 vs 2023 (27.3) Unchanged	10.9 Employees (FTE) 2025: 10.9 ▼ 5.9 vs 2024 (16.8) Unchanged	▼ 5.9

Key figures of AC Timber Trading, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to AC Timber Trading?

What happened at AC Timber Trading in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Aqufin BV stepped down as director. NBB
2029 Lammertyn Logistiek Douane & Advies BV stepped down as director. NBB
2029 Hout-Bois Van Steenberge NV stepped down as director. NBB
2029 Van Steenberge Invest NV stepped down as director. NBB
2029 Almelior BV stepped down as director. NBB
Aug 31, 2026 New annual accounts for financial year 2025: profit of € 2.6 million. filed late Source: NBB ↗
2025 Noverpo BV stepped down as director. NBB
2025 Hout-Bois Van Steenberge NV became a director. NBB

In short

From € 2.5 million loss in 2022 to € 2.6 million profit in 2025.

Paid € 152,803 in corporate taxes since 2022.

Best year ever: 2025, with € 2.6 million profit.

Paid out € 3.4 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Siffer Dock Company 100%

HOUT - BOIS VAN STEENBERGE

van Steenberge Invest

The stake of HOUT - BOIS VAN STEENBERGE, van Steenberge Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

AC Timber Trading

The shares are held by Siffer Dock Company (100%), HOUT - BOIS VAN STEENBERGE and van Steenberge Invest.