TIMBERGROUP
ActiveThe annual accounts of TIMBERGROUP for fiscal year 2025 show a net loss of 79% of the equity at the start of that year. The 2025 annual accounts show equity of €1k and a net result of €-4k. Equity is shrinking by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 9% of 2045 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▲+18
Solvency26▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.99 against 1.01 in 2024; short-term debt: 99.3% and cash: 1.9% of total assets), and 99.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.7%
Return on assets
-2.6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-4k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 2045 sector peers (2025).
NBB · sector comparisonPosition among 2045 sector peers
Solvency
better than 9%
← 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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
50 d early
2023
6 d early
2022
31 d late
2021
31 d late
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-4k▲ 92.6%
2024 · €-60k
2018: €24k
2019: €2k
2020: €20k
2021: €563
2022: €-59k
2023: €63k
2024: €-60k
2018 → 2025
Working capital
€-1k
2024 · €3k
2018: €51k
2019: €56k
2020: €72k
2021: €62k
2022: €4k
2023: €66k
2024: €3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€2k▼ 96.0%€65k▲ 2,551%€6k▼ 91.4%€1k▼ 79.5%
Operating result€-192-€-56k▼ 29,198%€69k€-58k€3k
Net result€563-€-59k€63k€-60k€-4k▲ 92.6%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €58k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €168k
Fixed assets
€3k▼ 13.0%
Current assets
€166k▼ 7.6%
Equity and liabilities €168k
Equity
€1k▼ 79.5%
Debt
€167k▼ 5.4%
The debt ratio rises from 96.9% to 99.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▲
2024 · €-57k
Cash flow
€-4k▲
2024 · €-59k
Solvency
0.7%▼
2024 · 3.1%
Current ratio
0.99▼
2024 · 1.01
Quick ratio
0.64▼
2024 · 0.84
ROE
-387.0%
ROA
-2.6%▲
2024 · -32.8%
Interest coverage
0.27▲
2024 · -12.94
Debt
€167k▼
2024 · €177k
Debt ≤ 1 year
€167k▼
2024 · €177k
Staff costs
€83▼
2024 · €223
A ratio outside any meaningful range has been withheld (balance sheet total €168k, equity €1k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€182k€168k▼
Fixed assets21/28€3k€3k▼
Tangible fixed assets22/27€3k€3k▼
Land and buildings22€3k€3k▼
Furniture and vehicles24€0-
Current assets29/58€179k€166k▼
Stocks and contracts in progress3€31k€59k▲
Stocks30/36€31k€59k▲
Amounts receivable within one year40/41€126k€103k▼
Trade receivables40€99k€81k▼
Other amounts receivable41€26k€22k▼
Cash at bank and in hand54/58€22k€3k▼
Deferred charges and accrued income490/1€800€467▼
Equity and liabilities
Total equity and liabilities10/49€182k€168k▼
Equity10/15€6k€1k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-15k€-19k▼
Amounts payable17/49€177k€167k▼
Amounts payable within one year42/48€177k€167k▼
Current portion of amounts payable after more than one year42€50k€75k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€120k€88k▼
Suppliers440/4€120k€75k▼
Bills of exchange payable441€314€14k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€3k€0▼
Taxes450/3€3k€0▼
Other amounts payable47/48€4k€4k=
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€223€83▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€588€387▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€987€5▼
Gross operating margin9900€-56k€3k▲
Operating profit (loss)9901€-58k€3k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€4k€11k▲
Recurring financial charges65€4k€11k▲
Profit (loss) for the period before taxes9903€-60k€-4k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-60k€-4k▲
Profit (loss) for the period to be appropriated9905€-60k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-19k▼
Profit (loss) brought forward from the previous period14P€45k€-15k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-60k ▼195%
Net result drops to €-60k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €63k
Net result €63k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue Pierre Holoffe 31342 Ottignies-Louvain-la-NeuveGround area
721 m²
Building footprint
420 m²
Parcel 25056A0154/00D002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Avenue Pierre Holoffe 3, 1342 Ottignies-Louvain-la-Neuve
since 20052.149.232.463
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25056A0154/00D002 | Wallonia | 721 m² | 1 · 420 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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ACCES & DESIGN
BE 0546.980.822
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LEBRUN CHRISTOPHE
BE 0688.689.409
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DEVACHT TOM
BE 0898.321.948
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,137. 910 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-2005
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
16230Manufacture of other builders' carpentry and joinery
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.