Bankrupt · Opening faillissement (CBE)
Laevens Timmerwerken logo

Laevens Timmerwerken

BE0760555620

Rechtspersoon Private limited company 1 establishment

Laevens Timmerwerken is a joiner in Menen. Private Limited, started on 24 December 2020, 1 establishment.

Dronckaertstraat 514, 8930 Menen laevens-timmerwerken.be

Behind the company: Gregory Laevens.

Start date

24 December 2020

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 %.

  • 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.

What it is worth Growing

€ 210,890

▲ 18% vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 31,801

▼ 81% vs 2022

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2023. Retained profit grew to € 208,390.

People and assets in 2023

Full-time equivalents

3.7

▲ 1.4 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 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.

Vehicles and equipment

€ 17,281

▲ 99% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 5 years to go

€ 580,830

▲ 23% vs 2022

€ 52,646 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 238,263

▲ 33% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 61,724

▲ € 46,911 vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 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.

Management

Gregory Laevens
Laevens Timmerwerken

Behind Laevens Timmerwerken is Gregory Laevens.

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Directors

According to the 2023 annual accounts

Gregory Laevens

Director

Establishments

Establishment units

Physical locations of this company

Registered office

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
Activities · NACE

Schrijnwerk

Algemene bouw van residentiële gebouwen

Frequently asked questions

What does Laevens Timmerwerken do?
Laevens Timmerwerken is a joiner in Menen. Private Limited, started on 24 December 2020, 1 establishment.
What is the address of Laevens Timmerwerken?
The registered office of Laevens Timmerwerken is located at Dronckaertstraat 514, 8930 Menen.
Is Laevens Timmerwerken still active?
No. The CBE lists Laevens Timmerwerken with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is Laevens Timmerwerken registered on Peppol?
No, Laevens Timmerwerken is currently not registered on the Peppol network.
What is the enterprise number of Laevens Timmerwerken?
The enterprise number of Laevens Timmerwerken is BE0760555620.
When was Laevens Timmerwerken founded?
Laevens Timmerwerken was founded on 24 December 2020.