Financials
Financial year 2025
TM WOOD CREATIONS from Geetbets, company number BE0744403338, closed financial year 2025 with a result of € -5,353 after tax. For that financial year TM WOOD CREATIONS recorded a gross margin of € 24,395 and equity of € 110,886. Compared with financial year 2024, the result moved from € 21,530 to € -5,353. The company made a loss. 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 July 3, 2026.
€ 110,886
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,353
▼ still € 21,530 profit in 2024
Profit after tax over the fiscal year.
€ 78,611
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 109,386.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 81,075
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 34,340
▼ 22% vs 2024
€ 9,865 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 11,406
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,134
▼ 44% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 54,311 | € 14,628 | € 53,544 | € 24,395 | ▼ 54% |
| Profit after taxes | € 39,016 | € 3,183 | € 21,530 | € -5,353 | ▼ € 26,883 |
| Equity | € 99,026 | € 102,209 | € 116,239 | € 110,886 | ▼ 5% |
| Total debts | € 70,669 | € 27,524 | € 153,014 | € 77,400 | ▼ 49% |
| Cash | € 76,727 | € 23,924 | € 107,427 | € 78,611 | ▼ 27% |
| Retained profit | € 97,526 | € 100,709 | € 114,739 | € 109,386 | ▼ 5% |
| Dividend | € 1,600 | € 0 | € 7,500 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 0 | € 43,851 | € 34,340 | ▼ 22% |
| Balance sheet total | € 169,695 | € 129,733 | € 269,252 | € 188,287 | ▼ 30% |
Key figures of TM WOOD CREATIONS, 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 TM WOOD CREATIONS?
What happened at TM WOOD CREATIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,353 (▼ € 26,883 vs 2024). Source: NBB ↗
- New establishment in Geetbets. KBO
- Tim Massart became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 39,016 profit in 2022 to € 5,353 loss in 2025.
Paid € 21,490 in corporate taxes since 2022.
Best year ever: 2022, with € 39,016 profit.
Paid out € 9,100 in dividends to the owners in total.
A new publication or filing at TM WOOD CREATIONS? We notify you, reason included.
Follow TM WOOD CREATIONSDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 TM WOOD CREATIONS is Tim Massart.
Directors
According to the 2025 annual accounts
Tim Massart
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Glabbeekstraat 138
3450 Geetbets
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0744.403.338
- VAT number
- BE 0744.403.338
- Registered office
- Glabbeekstraat 138, 3450 Geetbets
- Names & denominations
- TM WOOD CREATIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2020
- Peppol
- Active · Active since 15 Oct 2025
- Contact
- tm-woodcreations.be [email protected]
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Vervaardiging van ander schrijn- en timmerwerk