Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Laminated Timber Solutions from Oudergem, company number BE0463229834, closed financial year 2025 with a result of € -2.4 million after tax. For that financial year Laminated Timber Solutions recorded revenue of € 13.1 million and equity of € -6 million. Compared with financial year 2024, the result moved from € -5.6 million to € -2.4 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ -6 million
▼ € 2.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.4 million
▲ 57 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.6 million.
People and assets in 2025
17.9
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▼ 1% vs 2024
€ 76,900 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 653,279
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 17 days on average.
€ 89,130
▼ 44% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,990,218 | € 23,442,718 | € 19,654,688 | € 13,124,752 | ▼ 33% |
| Profit after taxes | € 825,297 | € 39,385 | € -5,577,803 | € -2,404,503 | ▲ € 3.2 million |
| Equity | € 1,967,557 | € 2,006,942 | € -3,570,861 | € -5,975,364 | ▼ € 2.4 million |
| Total debts | € 3,696,686 | € 1,992,378 | € 8,312,483 | € 6,214,562 | ▼ 25% |
| Cash | € 77 | € 445 | € 127 | - | |
| Retained profit | € 1,304,557 | € 1,343,942 | € -4,233,861 | € -6,638,364 | ▼ € 2.4 million |
| Balance sheet total | € 6,131,242 | € 4,466,320 | € 7,016,904 | € 753,647 | ▼ 89% |
| Employees (FTE) | 16.3 | 19.7 | 18.3 | 17.9 | ▼ 0.4 |
Key figures of Laminated Timber Solutions, 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 Laminated Timber Solutions?
What happened at Laminated Timber Solutions in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Trorema BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2.4 million. Source: NBB ↗
- Trorema BV became a director. NBB
- New establishment in Moorslede. KBO
- Start of the company according to the CBE. KBO
In short
From € 825,297 profit in 2022 to € 2.4 million loss in 2025.
Paid € 278,349 in corporate taxes since 2022.
Best year ever: 2022, with € 825,297 profit.
Pays suppliers within 17 days on average.
A new publication or filing at Laminated Timber Solutions? We notify you, reason included.
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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
The shares are held by Groep Terryn.
Directors
According to the 2025 annual accounts
Director · represented by Raymund Trost
Also active at: Groep Terryn Construct, TERRYN TIMBER PRODUCTS, Van Laere, V.M.A., MOBIX, MBG, GROEP TERRYN, BPC Group +12 more
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Edmond Van Nieuwenhuyselaan 30
1160 Oudergem
Breulstraat 111
8890 Moorslede
Active since 22 August 2000
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →AANNEMINGSMAATSCHAPPIJ CFE
€ 2.6 million revenue · 2025
Groep Terryn Construct same network
TERRYN TIMBER PRODUCTS same network
€ 3.1 million revenue · 2025
BPI SAMAYA
€ 14,721 gross margin · 2025
GROEP TERRYN same network
€ 1 million revenue · 2025
+50 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.229.834
- VAT number
- BE 0463.229.834
- Registered office
- Edmond Van Nieuwenhuyselaan 30, 1160 Oudergem
- Names & denominations
- Laminated Timber Solutions · LTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 May 1998
- Peppol
- Active · Active since 3 Oct 2025
- Activities · NACE
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