Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
TIMBERTECH from Deinze, company number BE0456159128, closed financial year 2024 with a result of € 533,809 after tax. For that financial year TIMBERTECH recorded a gross margin of € 982,672 and equity of € 2.9 million. Compared with financial year 2023, the result moved from € 323,046 to € 533,809. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 2.9 million
▲ 10% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 533,809
▲ 65% vs 2023
Profit after tax over the fiscal year.
€ 226,500
▼ 91% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 275,127 paid out
52 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
2
▼ 0.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 160,052
▼ 19% vs 2023
€ 80,000 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.
€ 2,404
▲ 115% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 400,000
Loans from banks and other lenders, long and short.
€ 449,601
▲ 45% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 279,802
▲ 2% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 732,733 | € 1,102,215 | € 938,031 | € 982,672 | ▲ 5% |
| Profit after taxes | € 326,522 | € 564,335 | € 323,046 | € 533,809 | ▲ 65% |
| Equity | € 2,012,933 | € 2,577,268 | € 2,639,907 | € 2,898,589 | ▲ 10% |
| Total debts | € 1,239,348 | € 1,260,836 | € 1,035,420 | € 1,152,672 | ▲ 11% |
| Cash | € 1,083,580 | € 1,557,155 | € 2,655,064 | € 226,500 | ▼ 91% |
| Land & buildings | € 754,902 | € 723,768 | € 690,268 | € 164,932 | ▼ 76% |
| Retained profit | € 1,994,341 | € 2,558,676 | € 2,621,315 | € 2,879,997 | ▲ 10% |
| Dividend | € 205,515 | € 0 | € 260,407 | € 275,127 | ▲ 6% |
| Bank debt | € 400,000 | € 400,000 | € 400,000 | € 400,000 | |
| Balance sheet total | € 3,252,281 | € 3,838,104 | € 3,675,327 | € 4,051,261 | ▲ 10% |
| Employees (FTE) | 2.5 | 2.5 | 2.5 | 2 | ▼ 0.5 |
Key figures of TIMBERTECH, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TIMBERTECH?
What happened at TIMBERTECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 533,809 (▲ 65% vs 2023). filed late Source: NBB ↗
- New establishment in Deinze. KBO
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 326,522 profit in 2021 to € 533,809 profit in 2024.
Paid € 895,261 in corporate taxes since 2021.
Best year ever: 2022, with € 564,335 profit.
On average € 491,300 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Carlos Van Beirs
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Warandestraat 19
9850 Deinze
Ter Mote 4
9850 Deinze
Active since 1 January 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Domain
Domain
timbertech-gent.com
Registered
2018-01-20
Registrar
Key-Systems GmbH
Expires
2027-01-20
Website info
Features
Details
- Company number
- 0456.159.128
- VAT number
- BE 0456.159.128
- Registered office
- Warandestraat 19, 9850 Deinze
- Names & denominations
- TIMBERTECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 1995
- Peppol
- Active · Active since 10 Nov 2025
- Contact
- timbertech-gent.com
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof
Plaatsen van vloerbedekking van hout of andere materialen
Groothandel in hout
Vervaardiging van ander schrijn- en timmerwerk
Plaatsen van vloerbedekking en wandbekleding van hout