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TIMBERROOF

Active
Private limited companyfounded 199234 yrs activeBoeregemstraat 23, 9840 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0448.300.544
Summary

TIMBERROOF has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.0m and a net result of -€53,269. Equity is growing by ~15% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).

Overview

What they do
Activity not known1 site
How big
€2.1mtotal assets 2024
Equity
€1.0m
Loss
-€53,269
Turnover not published (abridged schema)
Financially healthy?
59 Fair Checked score 2024
Bankruptcy chance 12 m
0.9%
Who decides
Accounts 63 d overdue0 of 4 deeds read
Why 59- No NACE activity registered- Annual accounts: weaker financial profile- Persistent losses- Filed more than 90 days late+ Long track recordShow the evidence

Checked score

Score 2024
59 / 100
Fair
The figures in the accounts for fiscal year 2024 give a score of 59 on their own. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability30▲+12
Solvency74▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.28 against 1.22 in 2023; short-term debt: 3.4% and cash: 0.8% of total assets), and 50.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
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 2024
Solvency, return and age of the figures
Solvency
49.5%
Return on assets
-2.5%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€53,269
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-12-2025, 138 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
138 d late
2023
54 d late
2022
60 d late
2021
37 d early
2020
31 d late
2019
74 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 53 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2024 -€53,269 View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Active since 1992founded 21-09-1992 34 years View

By topic

Financials

Fiscal year
2024
Total assets
€2.1m
Loss
-€53,269
Solvency
49.5%
Total assets▼ 2.5%
Net result
20182024
Go to Financials

Timeline

Events
16
Since
2016
  1. 16-12-2025Annual accounts filed
  2. 23-09-2024Annual accounts filed
  3. 29-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
21-09-1992
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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