Financials
Financial year 2025
Timber Projects from Mechelen, company number BE0659886644, closed financial year 2025 with a result of € 18,636 after tax. For that financial year Timber Projects recorded a gross margin of € 60,262 and equity of € 260,645. Compared with financial year 2024, the result moved from € 42,032 to € 18,636. The company is profitable. 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 June 8, 2026.
€ 260,645
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,636
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 164,913
▲ € 144,781 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 254,345.
Debts at end 2025
€ 248,221
▼ 6% vs 2024
€ 24,058 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 1,182
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,146
▼ 49% 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 | € 120,143 | € 94,069 | € 88,294 | € 60,262 | ▼ 32% |
| Profit after taxes | € 50,010 | € 40,379 | € 42,032 | € 18,636 | ▼ 56% |
| Equity | € 159,599 | € 199,978 | € 242,009 | € 260,645 | ▲ 8% |
| Total debts | € 446,666 | € 357,549 | € 287,283 | € 257,805 | ▼ 10% |
| Cash | € 69,849 | € 76,053 | € 20,133 | € 164,913 | ▲ € 144,781 |
| Land & buildings | € 331,820 | € 316,072 | € 309,503 | € 292,774 | ▼ 5% |
| Retained profit | € 153,299 | € 193,678 | € 235,709 | € 254,345 | ▲ 8% |
| Bank debt | € 398,286 | € 304,128 | € 264,780 | € 248,221 | ▼ 6% |
| Balance sheet total | € 606,266 | € 557,527 | € 529,292 | € 518,451 | ▼ 2% |
Key figures of Timber Projects, 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 Timber Projects?
What happened at Timber Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,636 (▼ 56% vs 2024). Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,010 profit in 2022 to € 18,636 profit in 2025.
Paid € 54,596 in corporate taxes since 2022.
Best year ever: 2022, with € 50,010 profit.
A new publication or filing at Timber Projects? 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 Timber Projects is Michael Olbrechts. Michael Olbrechts is also behind Lignum Bouw.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Motstraat 60 box g
2800 Mechelen
Motstraat 60 box G
2800 Mechelen
Active since 25 July 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
AS-UNIXSOLUTIONS Unix-Solutions Network, BE
Website info
Features
Security
Details
- Company number
- 0659.886.644
- VAT number
- BE 0659.886.644
- Registered office
- Motstraat 60 bus g, 2800 Mechelen
- Names & denominations
- Timber Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 2016
- Peppol
- Active · Active since 9 Dec 2025
- Contact
- timberprojects.be
- Activities · NACE
Schrijnwerk
Groothandel in hout
Groothandel in bouwmaterialen, algemeen assortiment