TIMMERWERKEN DE BAERE
ActiveFrom the official registers: KBO 14 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
TIMMERWERKEN DE BAERE has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68,249 and a net result of -€19,895. Equity has been growing by about 21% per year since 2019. Its solvency ranks better than 19% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Official details
KBO- Status
- Active since 23-06-2011 Normal situation
- Activity
- Joinery installation NACE 43320and 6 others
- Establishment unit
- 2.200.389.075 8200 Brugge, since 11-07-2011
- Financial year end
- 30 June
- Peppol
- Reachable since 03-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €96,741
- ▼ 10.0%
- Turnover
- ≈ €380,000
- estimated
- Loss
- €19,895
- Equity
- €68,249
- ▼ 22.6%
- Total assets
- €409,757
- ▼ 7.0%
- Staff
- 1 FTE
- =
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Loss of €19,895 (financial year 2025)lowers riskSize: total assets €409,757Founded in 2011Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 19% of them on solvency, 8% on liquidity, 16% on profitability and 17% on growth.
The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as TIMMERWERKEN DE BAERE: joinery installation (NACE 43320). They are comparable in size and age: total assets between €354,000 and €462,000, founded between 2009 and 2011.
| Company | Total assets | Gross margin |
|---|---|---|
| TIMMERWERKEN DE BAERE Brugge | €409,757 | €96,741 |
| RENOBELT Damme | €461,974 | €96,158 |
| INTERIEUR GINO VANHOUTTE Zwevegem | €410,087 | €109,107 |
| VANCOILLIE-DE COKERE Tielt | €450,644 | €90,231 |
| Degrijze Kristof Houthulst | €402,940 | €78,035 |
| RAES G. SCHRIJNWERKEN Wervik | €353,945 | €121,302 |
| INTIVO Zoersel | €421,755 | €97,956 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 30-01-2026
- Annual accounts 2024filed on 31-01-2025
- Annual accounts 2023filed on 30-01-2024
- Annual accounts 2022filed on 30-01-2023
Acts in the Belgian Official Gazette
- Purpose · Amendment of the articles · Legal-form change · Resignations & appointments · Miscellaneousact of 09-01-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0837.280.343
Key facts about TIMMERWERKEN DE BAERE
- What is the company number of TIMMERWERKEN DE BAERE?
- The company number of TIMMERWERKEN DE BAERE is 0837.280.343. The VAT number is the same number with BE in front: BE 0837.280.343.
- Where is TIMMERWERKEN DE BAERE based?
- The registered office is at Pastoriestraat 138, 8200 Brugge.Company details
- What does TIMMERWERKEN DE BAERE do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of TIMMERWERKEN DE BAERE?
- The legal form of TIMMERWERKEN DE BAERE is Private limited company (BV).
- When was TIMMERWERKEN DE BAERE founded?
- TIMMERWERKEN DE BAERE was founded on 23-06-2011.
- Is TIMMERWERKEN DE BAERE still active?
- Yes, TIMMERWERKEN DE BAERE is an active enterprise in the KBO register.
- How many employees does TIMMERWERKEN DE BAERE have?
- TIMMERWERKEN DE BAERE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TIMMERWERKEN DE BAERE?
- The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €96,741 and 38 comparable companies (NACE 43320). It probably lies between €280,000 and €600,000.
- Is TIMMERWERKEN DE BAERE profitable?
- In financial year 2025, TIMMERWERKEN DE BAERE made a loss of €19,895.
- Where can I find the annual accounts of TIMMERWERKEN DE BAERE?
- TIMMERWERKEN DE BAERE filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of TIMMERWERKEN DE BAERE due?
- TIMMERWERKEN DE BAERE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.