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TIMMERWERKEN DECLERCQ WIM

Active
Private limited companyfounded 2012active for 14 yearsCipressenstraat 25, 8800 Roeselare, BelgiumKBO/BCE: BE 0845.622.937
Summary

TIMMERWERKEN DECLERCQ WIM has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84,126 and a net result of €21,542. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 55% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 25-04-2012 Normal situation
Activity
Joinery installation NACE 43320and 1 other
Establishment unit
2.209.841.231 8800 Roeselare, since 30-04-2012
Financial year end
31 December
Peppol
Reachable since 02-05-2024

Board and ownership

Board

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€45,807
▲ 42.0%
Turnover
≈ €270,000
estimated
Profit
€21,542
▲ 40.2%
Equity
€84,126
▲ 34.4%
Total assets
€163,591
▲ 27.7%
  • 2025 accounts filed 5 days after the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.85, cash €92,612Equity €84,126 (51.4% of total assets)Founded in 2012Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 71% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 76+2
equity 51.4% of total assets
Liquidity 85+6
short-term debt 34.6% · cash 56.6%
Profitability 85+1
return on assets 13.2%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.85 (2.02 in 2024), above the usual 1.5. Short-term debt is 34.6% and cash 56.6% of total assets. 48.6% of the assets are financed with debt and provisions.
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 56% of them on solvency, 82% on liquidity, 69% on profitability and 77% on growth.

The bankruptcy probability was computed on 02-11-2026 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 1.85, cash €92,612
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €84,126 (51.4% of total assets)
NBB · annual accounts
lowers risk · Founded in 2012
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 5 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
5 days late
2024
22 days late
2023
36 days early
2022
43 days early
2021
18 days late
2020
53 days early
2019
51 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 20 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 August (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 5 profitable years in a rowprofit 2025: €21,542 5 years View

Recent changes

  1. · Gazette deed Resignation: Declercq Wim (director)Appointments: Declercq Wim (director) and Maesen Marijke (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as TIMMERWERKEN DECLERCQ WIM: joinery installation (NACE 43320). They are comparable in size and age: total assets between €163,000 and €187,000, founded between 2009 and 2014.

CompanyTotal assetsGross margin
TIMMERWERKEN DECLERCQ WIM Roeselare€163,591€45,807
SCHRIJNWERKERIJ BULTEEL JOOS Zwevegem€187,428€43,856
CAMBRELIN Brugge€174,719€49,329
LUC DHAENS Zedelgem€183,457€48,308
GOBERT TOM Beernem€185,026€43,806
GT INTERIOR SOLUTIONS Lint€183,424€43,336
Houtbox Hamme (Vl.)€163,359€45,452
Full comparison

Key facts about TIMMERWERKEN DECLERCQ WIM

What is the company number of TIMMERWERKEN DECLERCQ WIM?
The company number of TIMMERWERKEN DECLERCQ WIM is 0845.622.937. The VAT number is the same number with BE in front: BE 0845.622.937.
Where is TIMMERWERKEN DECLERCQ WIM based?
The registered office is at Cipressenstraat 25, 8800 Roeselare.Company details
What does TIMMERWERKEN DECLERCQ WIM do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of TIMMERWERKEN DECLERCQ WIM?
The legal form of TIMMERWERKEN DECLERCQ WIM is Private limited company (BV).
When was TIMMERWERKEN DECLERCQ WIM founded?
TIMMERWERKEN DECLERCQ WIM was founded on 25-04-2012.
Is TIMMERWERKEN DECLERCQ WIM still active?
Yes, TIMMERWERKEN DECLERCQ WIM is an active enterprise in the KBO register.
What is the turnover of TIMMERWERKEN DECLERCQ WIM?
The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €45,807 and 32 comparable companies (NACE 43320). It probably lies between €200,000 and €470,000.Financials
Is TIMMERWERKEN DECLERCQ WIM profitable?
In financial year 2025, TIMMERWERKEN DECLERCQ WIM made a profit of €21,542.
Where can I find the annual accounts of TIMMERWERKEN DECLERCQ WIM?
TIMMERWERKEN DECLERCQ WIM filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TIMMERWERKEN DECLERCQ WIM due?
TIMMERWERKEN DECLERCQ WIM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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