TIMBER is a furniture maker in Niel. Public Limited, started on 18 January 1985, 1 establishment.

What is the address of TIMBER?

The registered office of TIMBER is located at Tunnelweg 8, 2845 Niel.

Is TIMBER still active?

No. The CBE lists TIMBER with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.

Is TIMBER registered on Peppol?

No, TIMBER is currently not registered on the Peppol network.

What is the enterprise number of TIMBER?

The enterprise number of TIMBER is BE0426823556.

When was TIMBER founded?

TIMBER was founded on 18 January 1985.

The shares are held by KEMPISCHE PARTICIPATIEMAATSCHAPPIJ (100%).

Is TIMBER a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 18 January 1985; 3 annual accounts filed, latest fiscal year 2023.

How much profit did TIMBER make in 2023?

TIMBER recorded a loss after taxes of € 139,773 in financial year 2023.

What is the revenue of TIMBER?

As a small company, TIMBER is not required to publish revenue in its annual accounts. In financial year 2023, its added value was € 423,230.

How much does an employee at TIMBER earn?

The average wage cost per full-time employee at TIMBER was € 62,700 in 2023: staff costs of € 539,394 for 8.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TIMBER have?

According to the 2023 annual accounts, TIMBER has 8.6 full-time equivalents (FTE).

TIMBER (Public Limited) - Niel - BE0426823556

Dossier TIMBER, printed on 29 October 2026 from databakkes.be/en/0426823556/timber. 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.

Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2023

TIMBER from Niel, company number BE0426823556, closed financial year 2023 with a result of € -139,773 after tax. For that financial year TIMBER recorded a gross margin of € 423,230 and equity of € 267,033. Compared with financial year 2022, the result moved from € 8,714 to € -139,773. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2024.

What it is worth Healthy

€ 267,033

▼ 34% vs 2022

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

Loss Caution

€ -139,773

▼ still € 8,714 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 11,565

▼ 77% vs 2022

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 205,033.

People and assets in 2023

Full-time equivalents

8.6

▼ 1.2 vs 2022

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

Wage cost

€ 539,394

▼ 1% vs 2022

€ 62,700 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

€ 107,039

▲ € 88,032 vs 2022

Of which on lease € 96,682.

Debts at end 2023

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 250,028

▲ € 187,840 vs 2022

€ 17,488 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 133,546

▲ 68% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 67,221

▼ 28% vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	Change 2022 → 2023
Gross margin	€ 605,777 Gross margin 2021: € 605,777 First fiscal year in the series	€ 593,367 Gross margin 2022: € 593,367 ▼ 2% vs 2021 (€ 605,777) Unfavourable step	€ 423,230 Gross margin 2023: € 423,230 ▼ 29% vs 2022 (€ 593,367) Unfavourable step	▼ 29%
Profit after taxes	€ 61,978 Profit after taxes 2021: € 61,978 First fiscal year in the series	€ 8,714 Profit after taxes 2022: € 8,714 ▼ 86% vs 2021 (€ 61,978) Unfavourable step	€ -139,773 Profit after taxes 2023: € -139,773 ▼ € 148,487 vs 2022 (€ 8,714) Unfavourable step	▼ € 148,487
Equity	€ 398,092 Equity 2021: € 398,092 First fiscal year in the series	€ 406,806 Equity 2022: € 406,806 ▲ 2% vs 2021 (€ 398,092) Favourable step	€ 267,033 Equity 2023: € 267,033 ▼ 34% vs 2022 (€ 406,806) Unfavourable step	▼ 34%
Total debts	€ 127,382 Total debts 2021: € 127,382 First fiscal year in the series	€ 235,984 Total debts 2022: € 235,984 ▲ 85% vs 2021 (€ 127,382) Unfavourable step	€ 450,795 Total debts 2023: € 450,795 ▲ 91% vs 2022 (€ 235,984) Unfavourable step	▲ 91%
Cash	€ 255,018 Cash 2021: € 255,018 First fiscal year in the series	€ 50,239 Cash 2022: € 50,239 ▼ 80% vs 2021 (€ 255,018) Unfavourable step	€ 11,565 Cash 2023: € 11,565 ▼ 77% vs 2022 (€ 50,239) Unfavourable step	▼ 77%
Land & buildings	€ 13,808 Land & buildings 2021: € 13,808 First fiscal year in the series	-	-
Retained profit	€ 336,092 Retained profit 2021: € 336,092 First fiscal year in the series	€ 344,806 Retained profit 2022: € 344,806 ▲ 3% vs 2021 (€ 336,092) Favourable step	€ 205,033 Retained profit 2023: € 205,033 ▼ 41% vs 2022 (€ 344,806) Unfavourable step	▼ 41%
Bank debt	€ 0 Bank debt 2021: € 0 First fiscal year in the series	€ 62,188 Bank debt 2022: € 62,188 Unchanged (€ 0) Unfavourable step	€ 250,028 Bank debt 2023: € 250,028 ▲ € 187,840 vs 2022 (€ 62,188) Unfavourable step	▲ € 187,840
Balance sheet total	€ 525,474 Balance sheet total 2021: € 525,474 First fiscal year in the series	€ 642,790 Balance sheet total 2022: € 642,790 ▲ 22% vs 2021 (€ 525,474) Unchanged	€ 717,828 Balance sheet total 2023: € 717,828 ▲ 12% vs 2022 (€ 642,790) Unchanged	▲ 12%
Employees (FTE)	8.9 Employees (FTE) 2021: 8.9 First fiscal year in the series	9.8 Employees (FTE) 2022: 9.8 ▲ 0.9 vs 2021 (8.9) Unchanged	8.6 Employees (FTE) 2023: 8.6 ▼ 1.2 vs 2022 (9.8) Unchanged	▼ 1.2

Key figures of TIMBER, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to TIMBER?

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

TIMBER is active according to the CBE. Legal situation: Opening faillissement.

Jul 28, 2024 New annual accounts for financial year 2023: loss of € 139,773 (▼ € 148,487 vs 2022). Source: NBB ↗
Apr 1, 1985 New establishment in Niel. KBO
Jan 18, 1985 Start of the company according to the CBE. KBO

In short

From € 61,978 profit in 2021 to € 139,773 loss in 2023.

Paid € 25,051 in corporate taxes since 2021.

Best year ever: 2021, with € 61,978 profit.

On average € 49,200 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Tunnelweg 8

2845 Niel

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0426.823.556

VAT number

BE 0426.823.556

Registered office

Tunnelweg 8, 2845 Niel

Names & denominations

TIMBER

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Opening faillissement

Start date

18 January 1985

Peppol

Not registered

Activities · NACE

Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen

Vervaardiging van stoelen en zitmeubelen voor woningen en kantoren

Schrijnwerk

Vervaardiging van kantoormachines en -uitrusting (exclusief computers en randapparatuur)

Vervaardiging van eetkamer-, zitkamer- en slaapkamermeubelen

Vervaardiging van kantoor-, winkel- en ateliermeubelen, overwegend van andere materialen dan metaal

Schrijnwerk van hout of van kunststof

View on CBE Public ↗ Annual accounts (NBB) ↗