TIMMERWERKEN PEETERS
ActiveSummary
TIMMERWERKEN PEETERS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €70,058 and a net result of -€515. Equity is shrinking by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 45% of 378 sector peers (NACE 43, fiscal year 2026). The computed 12-month bankruptcy probability is 0.7% (low).
Financials · fiscal year 2026, micro schema
Equity
€70,058▼ 0.7%
2025 · €70,574
Total assets
€147,074▼ 0.5%
2025 · €147,772
Net result
-€515▲ 97.2%
2025 · -€18,562
Working capital
€33,192▲ 2.0%
2025 · €32,529
Trend over the years
2022 to 2026, 5 fiscal years 2019 to 2026, 8 fiscal years
The operating result stays negative: a loss of €398 in 2026 against €15,310 in 2025; the loss shrinks.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Operating result-€398
2026
Net result-€515
2026
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€147,074
2026
Equity€70,058
2026
Debt€2,016
2026
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€33,192
2026
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-0.4%
2026
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency47.6%
2026
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio17.46
2026
Average staff in full-time equivalents (FTE).
Staff (FTE)0.3
2024
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023202420252026
Operating result€27,861-€46,217▲ 65.9%€105,470▲ 128%-€59,279-€17,482▲ 70.5%-€22,892▼ 31.0%-€15,310▲ 33.1%-€398▲ 97.4%
Net result€21,217-€38,993▲ 83.8%€81,221above the sector's middle half▲ 108%-€62,349below the sector's middle half-€17,608below the sector's middle half▲ 71.8%-€23,031below the sector's middle half▼ 30.8%-€18,562below the sector's middle half▲ 19.4%-€515▲ 97.2%
Equity€107,625-€146,618▲ 36.2%€192,124above the sector's middle half▲ 31.0%€129,775above the sector's middle half▼ 32.5%€112,167within the sector's middle half▼ 13.6%€89,135within the sector's middle half▼ 20.5%€70,574within the sector's middle half▼ 20.8%€70,058▼ 0.7%
Total assets€161,757-€183,763▲ 13.6%€245,294within the sector's middle half▲ 33.5%€224,264within the sector's middle half▼ 8.6%€187,167within the sector's middle half▼ 16.5%€164,135within the sector's middle half▼ 12.3%€147,772within the sector's middle half▼ 10.0%€147,074▼ 0.5%
Debt€54,132-€37,145▼ 31.4%€53,170▲ 43.1%€19,489▼ 63.3%€2,198€2,016▼ 8.3%
Working capital€74,855-€116,776▲ 56.0%€165,963above the sector's middle half▲ 42.1%€184,534above the sector's middle half▲ 11.2%€32,529within the sector's middle half€33,192▲ 2.0%
Solvency66.5%-79.8%▲ 13.3pp78.3%above the sector's middle half▼ 1.5pp57.9%within the sector's middle half▼ 20.5pp59.9%within the sector's middle half▲ 2.1pp54.3%within the sector's middle half▼ 5.6pp47.8%within the sector's middle half▼ 6.5pp47.6%▼ 0.1pp
Current ratio2.66-4.30▲ 1.654.12above the sector's middle half▼ 0.1810.47above the sector's middle half▲ 6.3515.80above the sector's middle half17.46▲ 1.66
Return on assets (ROA)13.1%-21.2%▲ 8.1pp33.1%above the sector's middle half▲ 11.9pp-27.8%below the sector's middle half▼ 60.9pp-9.4%below the sector's middle half▲ 18.4pp-14.0%below the sector's middle half▼ 4.6pp-12.6%below the sector's middle half▲ 1.5pp-0.4%▲ 12.2pp
Staff (FTE)1.3-1.3=1.3=1.4▲ 7.7%1.8▲ 28.6%0.3▼ 83.3%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €147,074
Fixed assets
€111,866 ▼ 1.0%
Current assets
€35,208 ▲ 1.4%
Equity and liabilities €147,074
Equity
€70,058 ▼ 0.7%
Provisions
€75,000 =
Debt
€2,016 ▼ 8.3%
Debt's share of the balance-sheet total falls from 1.5% to 1.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€309▲
2025 · -€9,279
Cash flow
€191▲
2025 · -€12,531
Quick ratio
14.74▲
2025 · 13.30
Debt to equity
0.03▼
2025 · 0.03
ROE
-0.7%▲
2025 · -26.3%
Interest coverage
2.63▲
2025 · -2.85
Debt ≤ 1 year
€2,016▼
2025 · €2,198
Staff costs
€0▼
2025 · €252
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €826 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €45,680 | €17,980 | -€461 | €252 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,149 | €12,619 | €9,198 | €7,042 | €7,252 | €7,282 | €6,031 | €707 | ▼ 88.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €75,000 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,053 | €945 | €899 | €1,310 | €846 | ▼ 35.4% |
| Gross operating margin9900 | €118,424 | €134,747 | €173,632 | €69,497 | €8,696 | -€15,172 | -€7,717 | €1,155 | ▲ 115% |
| Operating profit (loss)9901 | €27,861 | €46,217 | €105,470 | -€59,279 | -€17,482 | -€22,892 | -€15,310 | -€398 | ▲ 97.4% |
| Financial income75/76B | - | - | - | €0 | - | €0 | - | - | - |
| Recurring financial income75 | €13 | €4 | - | €0 | - | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €409 | €126 | €139 | €3,252 | €118 | ▼ 96.4% |
| Recurring financial charges65 | €2,209 | €927 | €460 | €409 | €126 | €139 | €3,252 | €118 | ▼ 96.4% |
| Profit (loss) for the period before taxes9903 | €25,665 | €45,294 | €105,010 | -€59,688 | -€17,608 | -€23,031 | -€18,562 | -€515 | ▲ 97.2% |
| Income taxes67/77 | €4,449 | €6,300 | €23,789 | €2,661 | - | - | - | - | - |
| Profit (loss) for the period9904 | €21,217 | €38,993 | €81,221 | -€62,349 | -€17,608 | -€23,031 | -€18,562 | -€515 | ▲ 97.2% |
| Profit (loss) for the period to be appropriated9905 | €21,217 | €38,993 | €81,221 | -€62,349 | -€17,608 | -€23,031 | -€18,562 | -€515 | ▲ 97.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €161,757 | €183,763 | €245,294 | €224,264 | €187,167 | €164,135 | €147,772 | €147,074 | ▼ 0.5% |
| Fixed assets21/28 | €41,732 | €31,641 | €26,161 | €20,241 | €14,878 | €7,596 | €113,044 | €111,866 | ▼ 1.0% |
| Intangible fixed assets21 | €29,167 | €24,167 | €19,167 | €14,167 | €9,167 | €4,167 | - | - | - |
| Tangible fixed assets22/27 | €12,341 | €7,324 | €6,776 | €5,708 | €5,240 | €2,958 | €1,093 | €387 | ▼ 64.6% |
| Land and buildings22 | - | - | - | €3,590 | €3,967 | €2,530 | €1,093 | €387 | ▼ 64.6% |
| Plant, machinery and equipment23 | - | - | - | €1,225 | €704 | €184 | - | - | - |
| Furniture and vehicles24 | - | - | - | €893 | €568 | €244 | - | - | - |
| Financial fixed assets28 | €225 | €150 | €219 | €367 | €471 | €471 | €111,951 | €111,480 | ▼ 0.4% |
| Current assets29/58 | €120,025 | €152,122 | €219,133 | €204,023 | €172,289 | €156,540 | €34,727 | €35,208 | ▲ 1.4% |
| Stocks and contracts in progress3 | €9,500 | €7,750 | €12,500 | €29,370 | €5,500 | €5,500 | €5,500 | €5,500 | = |
| Stocks30/36 | - | - | - | €7,000 | €5,500 | €5,500 | €5,500 | €5,500 | = |
| Contracts in progress37 | - | - | - | €22,370 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €48,090 | €70,780 | €67,335 | €91,543 | €29,873 | €24,801 | €27,690 | €28,298 | ▲ 2.2% |
| Trade receivables40 | - | - | - | €77,731 | €23,496 | €21,014 | €23,582 | €23,390 | ▼ 0.8% |
| Other amounts receivable41 | - | - | - | €13,812 | €6,378 | €3,787 | €4,108 | €4,908 | ▲ 19.5% |
| Cash at bank and in hand54/58 | €59,684 | €73,592 | €139,298 | €83,109 | €136,478 | €126,239 | €1,537 | €1,410 | ▼ 8.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €438 | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €161,757 | €183,763 | €245,294 | €224,264 | €187,167 | €164,135 | €147,772 | €147,074 | ▼ 0.5% |
| Equity10/15 | €107,625 | €146,618 | €192,124 | €129,775 | €112,167 | €89,135 | €70,574 | €70,058 | ▼ 0.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | - | - |
| Other1109/19 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | - | - |
| Reserves13 | €21,860 | €60,360 | €105,860 | €105,860 | €105,860 | €105,860 | €105,860 | €105,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €104,000 | €104,000 | €104,000 | €104,000 | €104,000 | = |
| Profit (loss) carried forward14 | €79,565 | €80,058 | €80,064 | €17,715 | €107 | -€22,925 | -€41,486 | -€42,002 | ▼ 1.2% |
| Provisions and deferred taxes16 | - | - | - | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Provisions for liabilities and charges160/5 | - | - | - | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Major repairs and maintenance162 | - | - | - | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Amounts payable17/49 | €54,132 | €37,145 | €53,170 | €19,489 | - | - | €2,198 | €2,016 | ▼ 8.3% |
| Amounts payable after more than one year17 | €8,962 | €1,799 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €45,170 | €35,346 | €53,170 | €19,489 | - | - | €2,198 | €2,016 | ▼ 8.3% |
| Financial debts43 | - | - | - | €5,833 | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €5,833 | - | - | - | - | - |
| Trade debts44 | €16,081 | €13,833 | €18,537 | €12,456 | - | - | €2,198 | €1,986 | ▼ 9.6% |
| Suppliers440/4 | - | - | - | €12,456 | - | - | €2,198 | €1,986 | ▼ 9.6% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | - | €30 | - |
| Taxes, remuneration and social security45 | - | - | - | €1,200 | - | - | - | - | - |
| Remuneration and social security454/9 | - | - | - | €1,200 | - | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,217 | €38,993 | €81,221 | -€62,349 | -€17,608 | -€23,031 | -€18,562 | -€515 | ▲ 97.2% |
| + Depreciation and write-downs630 | €13,149 | €12,619 | €9,198 | €7,042 | €7,252 | €7,282 | €6,031 | €707 | ▼ 88.3% |
| Operating cash flow (approximation) | €34,365 | €51,612 | €90,419 | -€55,307 | -€10,356 | -€15,749 | -€12,531 | €191 | ▲ 102% |
| Investment in fixed assets (approximation) | - | -€2,528 | -€3,719 | -€1,122 | -€1,889 | €0 | -€111,480 | €471 | ▲ 100% |
| Change in cash | - | €13,909 | €65,706 | -€56,189 | €53,369 | -€10,239 | -€124,702 | -€127 | ▲ 99.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 20,030 companies in this sector we hold annual accounts for 9,281. 7,727 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector