Financials
Financial year 2025
TIMMERWERKEN VERSTRAETEN from Oudenaarde, company number BE0718799296, closed financial year 2025 with a result of € 2,177 after tax. For that financial year TIMMERWERKEN VERSTRAETEN recorded a gross margin of € 290,788 and equity of € 139,929. Compared with financial year 2024, the result moved from € -21,742 to € 2,177. 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 September 28, 2026.
€ 139,929
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,177
▲ still € 21,742 loss in 2024
Profit after tax over the fiscal year.
€ 37,181
▼ 22% 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 € 133,729.
People and assets in 2025
€ 241,057
▲ 54% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 33,029
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 44,915
▼ 41% vs 2024
€ 18,184 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 101,476
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,621
▼ 73% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 119,905 | € 184,084 | € 178,551 | € 290,788 | ▲ 63% |
| Profit after taxes | € 14,569 | € 4,402 | € -21,742 | € 2,177 | ▲ € 23,919 |
| Equity | € 190,093 | € 194,494 | € 137,752 | € 139,929 | ▲ 2% |
| Total debts | € 116,521 | € 98,205 | € 192,837 | € 157,511 | ▼ 18% |
| Cash | € 30,506 | € 19,246 | € 47,604 | € 37,181 | ▼ 22% |
| Retained profit | € 183,893 | € 188,294 | € 131,552 | € 133,729 | ▲ 2% |
| Dividend | € 0 | € 0 | € 35,000 | € 0 | ▼ 100% |
| Bank debt | € 65,677 | € 50,585 | € 75,879 | € 44,915 | ▼ 41% |
| Balance sheet total | € 306,613 | € 292,699 | € 330,589 | € 297,440 | ▼ 10% |
Key figures of TIMMERWERKEN VERSTRAETEN, 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 VERSTRAETEN?
What happened at TIMMERWERKEN VERSTRAETEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,177. filed late Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,569 profit in 2022 to € 2,177 profit in 2025.
Paid € 5,871 in corporate taxes since 2022.
Best year ever: 2022, with € 14,569 profit.
Paid out € 35,000 in dividends to the owners in total.
Management
Behind TIMMERWERKEN VERSTRAETEN are Quint Verstraeten and Jonas Verstraeten.
Directors
According to the 2025 annual accounts
Quint Verstraeten
Director
Jonas Verstraeten
Director
Establishments
Establishment units
Physical locations of this company
Casterstraat 9
9700 Oudenaarde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0718.799.296
- VAT number
- BE 0718.799.296
- Registered office
- Casterstraat 9, 9700 Oudenaarde
- Names & denominations
- TIMMERWERKEN VERSTRAETEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 2019
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Schrijnwerk
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Dakwerkzaamheden