Equity
€759,054 ▲ 6.0%
Timber has made a profit without a break since 2016.
Timber
Lifetime
18 annual accounts with figures on one time axis, 20 filings since 2006peak €971,396 (2025)
€971,396▲ 1.9%
lowest -€43,870 (2015)
€42,737▲ 20.6%
peak €759,054 (2025)
€759,054▲ 6.0%
€111,963▼ 12.4%
peak 12.2 FTE (2024)
12.2 FTEunchanged
Board14 names since 2019all names
8 directors and 7 others
Documentsfilings and deeds
26-04-202696 days before the deadline
2025financial year
New chair 29-01Investments €115,575
Key points
from the 2025 annual accountsInvestments
€117,642 3.9 × depreciation
Green is investment, beige is depreciation. Machinery stands 172.1% higher than in 2024.
Staff
17 employees on 31-12-2025
In 2025, 8 people joined and 6 left.
Filings
20 annual accounts since 2006
The last five annual accounts were filed 51 to 97 days before the end of the period.
At the same address
14 companies
Position in the sector
87.1%
Higher solvency than 94% of companies in social work without accommodation. Sector median 56.5% · 264 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,768 companies had the same profile as Timber has now. Each dot stands for 37 companies, two years later.
96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,768 companies, not a prediction for Timber. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0449274504
New chair
appointed, resigned · Board meeting of 10-09-2024 · Gazette deed
7 directors appointed, 3 resignations
Appointments: (chair of the board), (secretary), , , , and 1 other · Resignations: , and · Board meeting of 20-06-2024 · Gazette deed
Amendment of the articles
General meeting of 21-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Timber Woluwe-Saint-Pierre | - | - | 87.1% | 12.2 |
| La Cigaliére Mouscron | - | - | 67.6% | 11 |
| Centre éducatif et social pour Adultes handicapés mentaux Seraing | €176,848 | 9.6% | 75.3% | 15.7 |
| La Braise - Centre de réadaptation cognitive Anderlecht | - | - | 54.5% | 14.5 |
| De Berken Overijse | €158,625 | -47.0% | 94.2% | 13.5 |
| DE WROETER ACTIVITEITENBOERDERIJ Hasselt | €484,427 | 2.9% | 83.0% | 15.9 |
| Centre du Jour Jean Thewis Geer | - | - | 69.3% | 8.9 |
These companies have the same main activity as Timber: social work activities without accommodation (NACE 88106). They are comparable in size and age: total assets between €436,000 and €2.1m, founded between 1983 and 2000.
Official details
Source: KBO- Status
- Active since 26-09-1992Normal situation
- Registered office
- 15 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
- Activity
- Social work activities without accommodationNACE 88106and 2 others
- Establishment unit
- 2.162.449.1101150 Woluwe-Saint-Pierre, since 26-09-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 05-03-2026
Annual accounts 2025
- ≈ €1.1mestimated
- €871,016▲ 3.2%
- Employeeson 31-12-2025
- 17▲ 6.3%
- Filing
- Filed on 26-04-2026, 96 days before the end of the filing period
Insights on Timber
Timber has existed since 1992. The gross margin grew from €572,248 in 2008 to €971,396 in 2025.
The gross margin has grown every year since 2020.
In 2023, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Timber
- What is the company number of Timber?
- The company number of Timber is 0449.274.504. The VAT number is the same number with BE in front: BE 0449.274.504.
- Where is Timber based?
- The registered office is at Edmond Parmentierlaan 19, 1150 Woluwe-Saint-Pierre.Company details
- What does Timber do?
- According to the KBO register, the main activity is social work activities without accommodation (NACE 88106).
- What is the legal form of Timber?
- Timber is a non-profit association (VZW).
- When was Timber founded?
- Timber was founded on 26-09-1992.
- Is Timber still active?
- Yes, Timber is an active enterprise in the KBO register.
- How many employees does Timber have?
- Timber had an average of 12.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Timber?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €971,396 and 37 comparable companies (NACE 88). It probably lies between €1.1m and €1.3m.
- Is Timber profitable?
- In financial year 2025, Timber made a profit of €42,737.
- Where can I find the annual accounts of Timber?
- Timber filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Timber due?
- Timber must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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