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 1 of the last 1 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TIMBERBULL from Waregem, company number BE1015698282, closed financial year 2025 with a result of € -47,668 after tax. For that financial year TIMBERBULL recorded a gross margin of € -32,541 and equity of € -22,668. 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 August 31, 2026.
€ -22,668
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -47,668
Profit after tax over the fiscal year.
€ 50,580
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -47,668.
People and assets in 2025
€ 13,006
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 165,655
€ 135,111 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 17,705
Supplier invoices still open on the last day of the fiscal year.
€ 5,706
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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What happened to TIMBERBULL?
What happened at TIMBERBULL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 47,668. filed late Source: NBB ↗
- Ironwood Projects BV became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
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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 TIMBERBULL is Ironwood Projects BV.
Directors
According to the 2025 annual accounts
Director · represented by De Spiegelaer Bert
since 2025
Establishments
Establishment units
Physical locations of this company
Nieuwstraat 69
8792 Waregem
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
- 1015.698.282
- VAT number
- BE 1015.698.282
- Registered office
- Nieuwstraat 69, 8792 Waregem
- Names & denominations
- TIMBERBULL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 2024
- Peppol
- Active · Active since 21 Aug 2025
- Activities · NACE
Vervaardiging van niet-elektrische huishoudapparaten
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Detailhandel in huismeubilair
Detailhandel in huismeubilair in gespecialiseerde winkels