Financials
Financial year 2025
Timmerwerken Sioen Kenneth M. from Koekelare, company number BE0633949933, closed financial year 2025 with a result of € 3,468 after tax. For that financial year Timmerwerken Sioen Kenneth M. recorded a gross margin of € 16,058 and equity of € 30,626. Compared with financial year 2024, the result moved from € 12,590 to € 3,468. The company is profitable. 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 June 29, 2026.
€ 30,626
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,468
▼ 72% vs 2024
Profit after tax over the fiscal year.
€ 8,500 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 895
▼ 89% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,359
▼ 68% vs 2024
Loans from banks and other lenders, long and short.
€ 14,764
▲ € 12,048 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,408
▲ 12% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,943 | € 22,097 | € 29,526 | € 16,058 | ▼ 46% |
| Profit after taxes | € 2,430 | € -68 | € 12,590 | € 3,468 | ▼ 72% |
| Equity | € 27,637 | € 27,568 | € 35,658 | € 30,626 | ▼ 14% |
| Total debts | € 61,912 | € 32,984 | € 31,596 | € 35,530 | ▲ 12% |
| Cash | € 1,276 | € 221 | € 2,000 | - | |
| Retained profit | € 21,437 | € 21,368 | € 29,458 | € 24,426 | ▼ 17% |
| Dividend | € 5,360 | € 0 | € 4,500 | € 8,500 | ▲ 89% |
| Bank debt | € 38,293 | € 27,454 | € 19,754 | € 6,359 | ▼ 68% |
| Balance sheet total | € 89,549 | € 60,552 | € 67,254 | € 66,157 | ▼ 2% |
Key figures of Timmerwerken Sioen Kenneth M., 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 Timmerwerken Sioen Kenneth M.?
What happened at Timmerwerken Sioen Kenneth M. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,468 (▼ 72% vs 2024). Source: NBB ↗
- New establishment in Koekelare. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,430 profit in 2022 to € 3,468 profit in 2025.
Paid € 10,701 in corporate taxes since 2022.
Best year ever: 2024, with € 12,590 profit.
Paid out € 18,360 in dividends to the owners in total.
A new publication or filing at Timmerwerken Sioen Kenneth M.? 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
Behind Timmerwerken Sioen Kenneth M. is Kenneth Sioen.
Directors
According to the 2025 annual accounts
Kenneth Sioen
Manager
Establishments
Establishment units
Physical locations of this company
Warandestraat 39
8680 Koekelare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0633.949.933
- VAT number
- BE 0633.949.933
- Registered office
- Warandestraat 39, 8680 Koekelare
- Names & denominations
- Timmerwerken Sioen Kenneth M.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 July 2015
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Schrijnwerk
Installatie van isolatie
Isolatiewerkzaamheden