Active · per the CBE, 29 September 2026

Timbertec

BE0778404313

Rechtspersoon Private limited company 1 establishment

Timbertec is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 9 December 2021, 1 establishment.

Morgenrood 35, 2970 Schilde

Behind the company: Michel Budin.

Active for

4 year, 9 months

Financials

Financial year 2025

Timbertec from Schilde, company number BE0778404313, closed financial year 2025 with a result of € 6,141 after tax. For that financial year Timbertec recorded a gross margin of € 18,406 and equity of € 23,092. Compared with financial year 2024, the result moved from € 14,523 to € 6,141. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 27, 2026.

What it is worth Healthy

€ 23,092

▼ 42% vs 2024

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

Profit Healthy

€ 6,141

▼ 58% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 21,714

▼ 60% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 25,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 65,006

▲ € 62,855 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go

€ 63,040

€ 8,083 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 3,132

▼ 38% vs 2024

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

Taxes

€ 7,396

▼ 52% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 25,184 € 41,766 € 35,223 € 18,406 ▼ 48%
Profit after taxes € 5,957 € 19,470 € 14,523 € 6,141 ▼ 58%
Equity € 7,957 € 25,428 € 39,951 € 23,092 ▼ 42%
Total debts € 51,859 € 55,959 € 32,723 € 81,323 ▲ 149%
Cash € 24,500 € 56,402 € 54,233 € 21,714 ▼ 60%
Retained profit € 5,957 € 25,428 € 39,951 € 21,092 ▼ 47%
Dividend € 0 € 0 € 0 € 25,000
Bank debt € 0 € 0 € 0 € 63,040
Balance sheet total € 59,816 € 81,387 € 72,674 € 104,415 ▲ 44%

Key figures of Timbertec, 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 Timbertec?

What happened at Timbertec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 6,141 (▼ 58% vs 2024). Source: NBB ↗
  • New establishment in Schilde. KBO
  • Start of the company according to the CBE. KBO
  • Michel Budin became a director. NBB

In short

From € 5,957 profit in 2022 to € 6,141 profit in 2025.

Paid € 15,036 in corporate taxes since 2022.

Best year ever: 2023, with € 19,470 profit.

Paid out € 25,000 in dividends to the owners in total.

Management

Michel Budin
Timbertec

Behind Timbertec is Michel Budin.

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Directors

According to the 2025 annual accounts

Michel Budin

Director

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Morgenrood 35

2970 Schilde

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0778.404.313
VAT number
BE 0778.404.313
Registered office
Morgenrood 35, 2970 Schilde
Names & denominations
Timbertec
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
9 December 2021
Peppol
Active · Active since 5 Nov 2025
Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Verhuur en lease van machines, apparatuur en handgereedschap voor doe-het-zelvers

Bemiddeling in verband met verhuur en leasing van auto’s, campers en aanhangwagens

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde bouwwerkzaamheden

Frequently asked questions

What does Timbertec do?
Timbertec is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 9 December 2021, 1 establishment.
What is the address of Timbertec?
The registered office of Timbertec is located at Morgenrood 35, 2970 Schilde.
Is Timbertec still active?
Yes. According to the CBE (29 September 2026) Timbertec is active, legal situation “Normale toestand”, started on 9 December 2021.
Is Timbertec registered on Peppol?
Yes, Timbertec is registered on the Peppol network with ID 0208:0778404313.
What is the enterprise number of Timbertec?
The enterprise number of Timbertec is BE0778404313.
When was Timbertec founded?
Timbertec was founded on 9 December 2021.