BRUGGEMAN TIMMERWERK
ActiveSummary
BRUGGEMAN TIMMERWERK has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€78,096) and a net result of €5,833. Equity has been shrinking by about 13% per year since 2018. Its solvency ranks better than 5% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Official details
Source: KBO- Status
- Active since 24-07-2008 Normal situation
- Activity
- Joinery installation NACE 43320and 3 others
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2023
- Establishment unit
- 2.172.106.845 8840 Staden, since 11-08-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 15-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.9%
- Gross margin
- €32,795
- ▲ 54.0%
- Turnover
- ≈ €200,000
- estimated
- Profit
- €5,833
- ▼ 9.2%
- Equity
- -€78,096
- ▲ 6.9%
- Total assets
- €86,408
- ▼ 12.5%
- Employees on 31-12-2025
- 1
- =
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€78,096Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €86,408Founded in 2008Show the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 3% of them on solvency, 8% on liquidity, 26% on profitability and 50% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 56 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€78,096 View
- Caution: Lower solvency than 95% of companies in specialised constructionsector median 46.7% · 34,946 companies -90.4% View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Recent changes
- · Gazette deed Change of role: Freddy Bruggeman, from manager to directorAppointment: BRUGGEMAN Stijn (additional director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as BRUGGEMAN TIMMERWERK: joinery installation (NACE 43320). They are comparable in size and age: total assets between €70,200 and €92,600, founded between 2007 and 2010.
| Company | Total assets | Gross margin |
|---|---|---|
| BRUGGEMAN TIMMERWERK Staden | €86,408 | €32,795 |
| WOODT Brugge | €90,293 | €29,513 |
| Serlet Wim Beernem | €89,121 | €38,281 |
| Baele D. & G. Tielt | €70,187 | €31,816 |
| D & V Interieurbouw Dendermonde | €82,445 | €33,993 |
| DE RIDDER THEO & ZOON Asse | €92,622 | €34,374 |
| PIERRE GEERS Tournai | €76,156 | €30,621 |
Key facts about BRUGGEMAN TIMMERWERK
- What is the company number of BRUGGEMAN TIMMERWERK?
- The company number of BRUGGEMAN TIMMERWERK is 0899.464.073. The VAT number is the same number with BE in front: BE 0899.464.073.
- Where is BRUGGEMAN TIMMERWERK based?
- The registered office is at Sint Jansstraat(STA) 64, 8840 Staden.Company details
- What does BRUGGEMAN TIMMERWERK do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of BRUGGEMAN TIMMERWERK?
- The legal form of BRUGGEMAN TIMMERWERK is Private limited company (BV).
- When was BRUGGEMAN TIMMERWERK founded?
- BRUGGEMAN TIMMERWERK was founded on 24-07-2008.
- Is BRUGGEMAN TIMMERWERK still active?
- Yes, BRUGGEMAN TIMMERWERK is an active enterprise in the KBO register.
- How many employees does BRUGGEMAN TIMMERWERK have?
- BRUGGEMAN TIMMERWERK had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BRUGGEMAN TIMMERWERK fall under?
- In its 2023 annual accounts, BRUGGEMAN TIMMERWERK states joint committee 124 (Paritair Comité voor het bouwbedrijf).
- What is the turnover of BRUGGEMAN TIMMERWERK?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €32,795 and 32 comparable companies (NACE 43320). It probably lies between €140,000 and €340,000.
- Is BRUGGEMAN TIMMERWERK profitable?
- In financial year 2025, BRUGGEMAN TIMMERWERK made a profit of €5,833.
- Where can I find the annual accounts of BRUGGEMAN TIMMERWERK?
- BRUGGEMAN TIMMERWERK filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BRUGGEMAN TIMMERWERK due?
- BRUGGEMAN TIMMERWERK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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