Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TIMBER HOUSE from Genappe, company number BE0776874186, closed financial year 2025 with a result of € -61,925 after tax. For that financial year TIMBER HOUSE recorded revenue of € 165,000 and equity of € -305,047. Compared with financial year 2024, the result moved from € -90,699 to € -61,925. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 13, 2026.
€ -305,047
▼ € 61,925 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -61,925
▲ 32 % less loss than in 2024
Profit after tax over the fiscal year.
€ 163,939
▲ € 129,210 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -325,047.
Debts at end 2025
€ 2.2 million
▼ 1% vs 2024
€ 95,184 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 409,945
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,328
▲ € 3,322 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 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 165,000 | |
| Gross margin | € -8,967 | € -21,045 | € -15,712 | € 37,966 | ▲ € 53,677 |
| Profit after taxes | € -9,436 | € -162,987 | € -90,699 | € -61,925 | ▲ € 28,774 |
| Equity | € 10,564 | € -152,423 | € -243,122 | € -305,047 | ▼ € 61,925 |
| Total debts | € 4,341 | € 2,107,499 | € 2,556,645 | € 3,298,308 | ▲ 29% |
| Cash | € 13,298 | € 777,392 | € 34,730 | € 163,939 | ▲ € 129,210 |
| Land & buildings | - | € 1,118,280 | € 2,092,676 | € 2,770,479 | ▲ 32% |
| Retained profit | € -9,436 | € -172,423 | € -263,122 | € -325,047 | ▼ € 61,925 |
| Bank debt | € 0 | € 2,000,000 | € 2,200,000 | € 2,174,768 | ▼ 1% |
| Balance sheet total | € 14,905 | € 1,955,076 | € 2,313,524 | € 2,993,261 | ▲ 29% |
Key figures of TIMBER HOUSE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to TIMBER HOUSE?
What happened at TIMBER HOUSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 61,925. Source: NBB ↗
- New establishment in Genappe. KBO
- Gilles Cleenewerck de Crayencour became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 9,436 loss in 2022 to € 61,925 loss in 2025.
A new publication or filing at TIMBER HOUSE? 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 HOUSE is Gilles Cleenewerck de Crayencour. Gilles Cleenewerck de Crayencour is also behind ACHOKA.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Rue Cala 25
1473 Genappe
Chaussée de Bruxelles 6 box F
1470 Genappe
Active since 5 November 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0776.874.186
- VAT number
- BE 0776.874.186
- Registered office
- Rue Cala 25, 1473 Genappe
- Names & denominations
- TIMBER HOUSE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 2021
- Peppol
- Active · Active since 29 Jul 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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