Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
Laevens Timmerwerken from Menen, company number BE0760555620, closed financial year 2023 with a result of € 31,801 after tax. For that financial year Laevens Timmerwerken recorded a gross margin of € 410,211 and equity of € 210,890. Compared with financial year 2022, the result moved from € 168,449 to € 31,801. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 28, 2024.
€ 210,890
▲ 18% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,801
▼ 81% vs 2022
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 208,390.
People and assets in 2023
3.7
▲ 1.4 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 205,838
▲ 99% vs 2022
€ 55,600 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.
€ 17,281
▲ 99% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 580,830
▲ 23% vs 2022
€ 52,646 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 238,263
▲ 33% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 61,724
▲ € 46,911 vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 137,898 | € 352,027 | € 410,211 | ▲ 17% |
| Profit after taxes | € 40,282 | € 168,449 | € 31,801 | ▼ 81% |
| Equity | € 42,782 | € 179,088 | € 210,890 | ▲ 18% |
| Total debts | € 218,036 | € 675,140 | € 907,659 | ▲ 34% |
| Cash | € 50,388 | € 5,414 | - | |
| Land & buildings | - | € 17,490 | € 15,130 | ▼ 13% |
| Retained profit | € 40,282 | € 176,588 | € 208,390 | ▲ 18% |
| Bank debt | € 63,845 | € 471,144 | € 580,830 | ▲ 23% |
| Balance sheet total | € 260,818 | € 854,228 | € 1,118,549 | ▲ 31% |
| Employees (FTE) | 1 | 2.3 | 3.7 | ▲ 1.4 |
Key figures of Laevens Timmerwerken, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Laevens Timmerwerken?
What happened at Laevens Timmerwerken in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Laevens Timmerwerken is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 31,801 (▼ 81% vs 2022). Source: NBB ↗
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,282 profit in 2021 to € 31,801 profit in 2023.
Paid € 51,033 in corporate taxes since 2021.
Best year ever: 2022, with € 168,449 profit.
On average € 110,900 of value added per employee in 2023.
A new publication or filing at Laevens Timmerwerken? 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 Laevens Timmerwerken is Gregory Laevens.
Directors
According to the 2023 annual accounts
Gregory Laevens
Director
Establishments
Establishment units
Physical locations of this company
Dronckaertstraat 514
8930 Menen
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
- 0760.555.620
- VAT number
- BE 0760.555.620
- Registered office
- Dronckaertstraat 514, 8930 Menen
- Names & denominations
- Laevens Timmerwerken · Laevens
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 24 December 2020
- Peppol
- Not registered
- Contact
- laevens-timmerwerken.be
- Activities · NACE
Schrijnwerk
Algemene bouw van residentiële gebouwen