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HAMSE TIMMERWERKEN

Active
Private limited companyfounded 1984active for 42 yearsRechtstraat 63, 9042 Gent, BelgiumKBO/BCE: BE 0425.942.737
Summary

The computed 12-month bankruptcy probability of HAMSE TIMMERWERKEN is 5.7% (elevated). The 2025 annual accounts show negative equity (-€25,069) and a net result of €9,148. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 5% of 655 sector peers (NACE 16, financial year 2025). The company has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
HAMSE TIMMERWERKENActiveChecked score 37/100
Risk analysis ReportCompare

Overview

Activity
Sawmilling and planing of wood
NACE 16110Insulation installation NACE 43230
1 site
Size
€19,606total assets 2025
Equity
-€25,069
Profit
€9,148
Turnover not published (micro format)
Financial health
37 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.7%
Structure
Board
4 members
2025 accounts 61 days early
Why 37raises risk2 changes of registered office in 24 monthsNegative equity -€25,069Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)lowers riskSize: total assets €19,606Show the evidence

Checked score

Score 2025
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 45% of its sector peers (NACE 16, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -127.9% of total assets
Liquidity 7-23
short-term debt 186.2% · cash 5.6%
Profitability 100+100
return on assets 46.7%
Bankruptcy probability, 12 months
5.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,032 companies, NACE 16, micro)
Last 24 months 11-2024: 3.3% 12-2024: 4.2%▲ +0.9 percentage points vs 11-2024 01-2025: 3.0%▼ -1.2 percentage points vs 12-2024 02-2025: 3.0%● unchanged vs 01-2025 03-2025: 3.0%● unchanged vs 02-2025 04-2025: 3.0%● unchanged vs 03-2025 05-2025: 3.0%● unchanged vs 04-2025 06-2025: 2.9%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 7.0%▲ +4.1 percentage points vs 06-2025 08-2025: 6.8%▼ -0.2 percentage points vs 07-2025 09-2025: 11.5%▲ +4.7 percentage points vs 08-2025highest value 10-2025: 7.6%▼ -3.9 percentage points vs 09-2025 11-2025: 7.6%● unchanged vs 10-2025 12-2025: 7.6%● unchanged vs 11-2025 01-2026: 7.7%▲ +0.1 percentage points vs 12-2025 02-2026: 7.8%▲ +0.1 percentage points vs 01-2026 03-2026: 7.7%▼ -0.1 percentage points vs 02-2026 04-2026: 7.8%▲ +0.1 percentage points vs 03-2026 05-2026: 7.8%● unchanged vs 04-2026 06-2026: 5.7%▼ -2.1 percentage points vs 05-2026 07-2026: 5.7%● unchanged vs 06-2026 08-2026: 5.7%● unchanged vs 07-2026 09-2026: 5.7%● unchanged vs 08-2026 10-2026: 5.7%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.54, compared with 0.21 in 2024, below 1; short-term debt: 186.2% and cash: 5.6% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 16, micro): better than 4% on solvency, 6% on liquidity, 95% on profitability and 76% on growth.

The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity -€25,069
NBB · annual accounts
raises risk · Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
KBO
lowers risk · Size: total assets €19,606
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 655 sector peers (2025).
NBB · sector comparison
Position among 655 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-05-2026, 61 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
61 days early
2024
58 days late
2023
129 days late
2022
95 days late
2021
97 days late
2020
31 days late
2019
75 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 61 days after the deadline; the sector median (NACE 16) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 November (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €9,148
  3. Resignation: Adilov Alef (director)Appointment: Adilova Elis Adnyanova (director)…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€25,069 View
  • Caution: Among the weakest 5% on solvencysector median 40.8% · 655 companies -127.9% View
  • Board changedlatest change 28-10-2025 · 4 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Total assets
€19,606
Profit
€9,148
Solvency
-127.9%
Turnover▼ 40.8%
Net result
20212024
Go to Financials

Board & ownership

Board
4 members
  • BRUNCLAIR Greta Josepha MariaDirector
  • VAN NUFFEL Luc Marcel EmielDirector
  • DeLeenheerHeidiDirector
  • Adilova Elis AdnyanovaDirector
Go to Board & ownership

Timeline

Events
47
Since
1986
Next accounts
by 31-07-2027
  1. 27-09-2025Annual accounts filed
  2. 29-08-2025Resignation: Heidi De Leenheer (director)
  3. 02-06-2025Resignation: VanNuffelLuc (director)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Sawmilling and planing of woodNACE 16110
Founded
15-06-1984
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
11
Annual meeting
Third Friday of June at 19:00
Purpose
“Zagerij en werf voor het verdelen van hout: omvat het zagen,schaven en klieven van…” (deed in Dutch)
Go to Articles of association

Key facts about HAMSE TIMMERWERKEN

What is the company number of HAMSE TIMMERWERKEN?
0425.942.737. In Belgium the VAT number is the company number with BE in front: BE 0425.942.737.
Where is HAMSE TIMMERWERKEN based?
The registered office is at Rechtstraat 63, 9042 Gent.Company details
What does HAMSE TIMMERWERKEN do?
According to the KBO register, the main activity is sawmilling and planing of wood (NACE 16110).
What is the legal form of HAMSE TIMMERWERKEN?
Private limited company (BV).
When was HAMSE TIMMERWERKEN founded?
On 15-06-1984.
Is HAMSE TIMMERWERKEN still active?
Yes, HAMSE TIMMERWERKEN is an active enterprise in the KBO register.
What is the turnover of HAMSE TIMMERWERKEN?
€15,304 in financial year 2024, according to the filed annual accounts.Financials
Is HAMSE TIMMERWERKEN profitable?
In financial year 2025, HAMSE TIMMERWERKEN made a profit of €9,148.
Where can I find the annual accounts of HAMSE TIMMERWERKEN?
HAMSE TIMMERWERKEN filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HAMSE TIMMERWERKEN due?
By 31-07-2027, for financial year 2026.Timeline

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