TIMBER

Open bankruptcy

Public limited companyfounded 1985Tunnelweg 8, 2845 Niel, BelgiumKBO/BCE: BE 0426.823.556

A bankruptcy procedure is open for TIMBER according to publications in the Belgian Official Gazette; trustee: Joost Peeters.

Summary

The 2023 annual accounts show equity of €267,033 and a net result of -€139,773.

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TIMBEROpen bankruptcy

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History

TIMBER was incorporated on 18 January 1985.¹ Total assets rose from €375,924 in 2018 to €717,828 in 2023 and headcount from 10 to 8.6 full-time equivalents.² On 17 July 2025 the company was declared bankrupt.³

Acts, filings and financial milestones

All 15Signals 1Financial 4Filings 10

2025

24-07

Bankruptcy Opening

Enterprise Court of Antwerp, Antwerp division · judgment of 17-07-2025

2024

28-07

NBB filing Annual accounts filed

financial year 2023 · abbreviated format

2023

31-12

Financial Weakest financial yearnet -€139,773

Net result drops to -€139,773, the lowest in the series.

12-05

NBB filing Annual accounts filed

financial year 2022 · abbreviated format

2022

28-06

NBB filing Annual accounts filed

financial year 2021 · abbreviated format

2021

29-06

NBB filing Annual accounts filed

financial year 2020 · abbreviated format

2020

29-06

NBB filing Annual accounts filed

financial year 2019 · abbreviated format

2019

31-12

Financial Highest result from 2018 to 2023net €147,779 ▲63.1%

Operating result €228,858, net result €147,779, both a record.

31-12

Financial Liquidity more than doubledcurrent ratio 2.67

Current ratio from 1.27 to 2.67; short-term debt falls from €206,756 to €141,946.

31-12

Financial Equity above €200,000equity €316,947 ▲87.4%

A profit in every financial year since 2018 builds equity to €316,947.

02-07

NBB filing Annual accounts filed

financial year 2018 · abbreviated format

2018

04-07

NBB filing Annual accounts filed

financial year 2017 · abbreviated format

Show earlier events

2017

11-07

NBB filing Annual accounts filed

financial year 2016 · abbreviated format

2016

25-08

NBB filing Annual accounts filed

financial year 2015 · abbreviated format · 25 days late

2015

22-06

NBB filing Annual accounts filed

financial year 2014 · abbreviated format

SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 39 annual accounts filed, the latest 10 are here; all 39 are under Financials.

0 of 9 deeds read

About the unread acts

We know of 9 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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