TIMBER
0426.823.556 · rovalta.com · 22/09/2026
OPENING OF BANKRUPTCY
TIMBER
Financial year 2023 · closed on 31/12/2023
Net result
-139,8 k €
-1704.0% YoY
Gross margin
423,2 k €
-28.7% YoY
Equity
267 k €
-34.4% YoY
Workforce
8,6 ETP
-12.2% YoY
Company — Opening of bankruptcy.
Overview
What does TIMBER do?
TIMBER is a Public limited company incorporated in 1985. Its main activity is: Manufacture of furniture. Its registered office is in Niel. It employs on average 8,6 ETP workers (FTE).
Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0426.823.556
Incorporation
18/01/1985
Legal form
Public limited company
Registered office
Tunnelweg 8
2845 Niel · FlandreSee on map
2845 Niel · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2023
Average workforce
8,6 ETP
Activities (NACE)
31004Manufacture of furniture· main31091Manufacture of other furniture36111Water collection, treatment and supply28230Manufacture of office machinery and equipment (except computers and peripheral equipment)28230Manufacture of office machinery and equipment (except computers and peripheral equipment)36122Water collection, treatment and supply+4
Joint committees (5)
- 126
- 1260
- 200
- 2000
- 218
Signals
Solid equityGood liquidityHealthy social debts
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Financials
Trend over 16 financial years
| 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Gross margin | 423,2 k € | -28.7% | 593,4 k € | -2.0% | 605,8 k € | -13.3% | 698,6 k € | +18.8% | 587,9 k € | +17.6% | 499,9 k € | -9.4% | 552 k € | -6.0% | 587,2 k € | +14.4% | 513,5 k € | +15.1% | 446,1 k € | -12.0% | 506,8 k € | -21.4% | 644,8 k € | +7.1% | 601,8 k € | -15.6% | 713,2 k € | -7.5% | 770,9 k € | +1.5% | 759,7 k € |
| EBITDA | -123,8 k € | -443% | 36,1 k € | -66.2% | 106,7 k € | -43.6% | 189,1 k € | +90.7% | 99,2 k € | +13.8% | 87,2 k € | -13.9% | 101,2 k € | -16.6% | 121,4 k € | +16.2% | 104,5 k € | +4.4% | 100,1 k € | +1.1% | 99 k € | -31.7% | 145 k € | +48.1% | 97,9 k € | -54.5% | 215,4 k € | -17.5% | 261 k € | -2.3% | 267 k € |
| Operating result | -139,5 k € | -2543% | 5,7 k € | -92.9% | 80,9 k € | -9.4% | 89,3 k € | +440% | 16,5 k € | +1492% | -1,2 k € | +82.1% | -6,6 k € | -150% | 13,2 k € | +405% | -4,3 k € | -276% | -1,1 k € | +94.4% | -20,4 k € | -217% | 17,4 k € | +147% | -37,1 k € | -146% | 80,6 k € | -31.5% | 117,7 k € | -22.3% | 151,5 k € |
| Net result | -139,8 k € | -1704% | 8,7 k € | -85.9% | 62 k € | -31.6% | 90,6 k € | +434% | 17 k € | +778% | -2,5 k € | +72.2% | -9 k € | -181% | 11,1 k € | +258% | -7 k € | +5.1% | -7,4 k € | +76.5% | -31,6 k € | -1261% | 2,7 k € | +105% | -49,9 k € | -196% | 52,2 k € | -26.8% | 71,3 k € | -14.7% | 83,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | 267 k € | -34.4% | 406,8 k € | +2.2% | 398,1 k € | +135% | 169,2 k € | -54.4% | 371 k € | +4.8% | 354,1 k € | -0.7% | 356,6 k € | -2.5% | 365,6 k € | +3.1% | 354,5 k € | -10.0% | 394 k € | -1.9% | 401,4 k € | -7.3% | 433 k € | -12.9% | 496,9 k € | -9.1% | 546,8 k € | +10.5% | 494,6 k € | +16.8% | 423,3 k € |
| Total assets | 717,8 k € | +11.7% | 642,8 k € | +22.3% | 525,5 k € | +39.8% | 375,9 k € | -33.1% | 562 k € | -4.2% | 586,8 k € | -7.4% | 633,7 k € | -22.0% | 812,5 k € | +60.9% | 504,9 k € | -10.9% | 567 k € | -15.3% | 669,4 k € | -13.1% | 770,7 k € | -14.0% | 896 k € | -11.9% | 1 M € | -5.3% | 1,1 M € | +1.4% | 1,1 M € |
| Cash | 11,6 k € | -77.0% | 50,2 k € | -80.3% | 255 k € | +2178% | 11,2 k € | -69.1% | 36,3 k € | +80.0% | 20,1 k € | -68.0% | 62,9 k € | -24.3% | 83,1 k € | +728% | 10 k € | -62.8% | 27 k € | -41.1% | 45,8 k € | -40.0% | 76,3 k € | +54.4% | 49,4 k € | -19.2% | 61,2 k € | +82.7% | 33,5 k € | -75.2% | 135,1 k € |
| Debts | 450,8 k € | +91.8% | 235,1 k € | +126% | 103,8 k € | -49.8% | 206,8 k € | +8.3% | 190,9 k € | -18.0% | 232,7 k € | -16.0% | 277,2 k € | -38.0% | 446,9 k € | +197% | 150,5 k € | -11.2% | 169,5 k € | -34.4% | 258,3 k € | -23.5% | 337,7 k € | -15.4% | 399,1 k € | -15.1% | 470,3 k € | -18.9% | 579,6 k € | -8.8% | 635,6 k € |
| Other | |||||||||||||||||||||||||||||||
| Workforce | 8,6 ETP | -12.2% | 9,8 ETP | +10.1% | 8,9 ETP | -11.0% | 10,0 ETP | -1.0% | 10,1 ETP | +17.4% | 8,6 ETP | -15.7% | 10,2 ETP | +4.1% | 9,8 ETP | +8.9% | 9,0 ETP | +21.6% | 7,4 ETP | -2.6% | 7,6 ETP | -33.3% | 11,4 ETP | -3.4% | 11,8 ETP | 0.0% | 11,8 ETP | -7.1% | 12,7 ETP | +0.8% | 12,6 ETP |
Governance
Board of directors
Seen on filing of 31/12/2023 · 1 active · 21 ended
Active mandates
Financials
Annual accounts
Full financial information
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 | 01/01/2018 |
| Closing of the financial year | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 28/07/2024 | 12/05/2023 | 28/06/2022 | 29/06/2021 | 29/06/2020 | 02/07/2019 |
| General meeting | 29/06/2024 | 05/05/2023 | 17/06/2022 | 18/06/2021 | 19/06/2020 | 21/06/2019 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
18 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2023 | 29/06/2024 | 28/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 05/05/2023 | 12/05/2023 | Dutch | |
| Abridged model | 31/12/2021 | 17/06/2022 | 28/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 18/06/2021 | 29/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 19/06/2020 | 29/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 21/06/2019 | 02/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 15/06/2018 | 04/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 16/06/2017 | 11/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 17/06/2016 | 25/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 19/06/2015 | 22/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 20/06/2014 | 25/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 21/06/2013 | 26/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 15/06/2012 | 25/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 17/06/2011 | 31/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 18/06/2010 | 12/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 19/06/2009 | 23/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 20/06/2008 | 03/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 15/06/2007 | 26/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2023 · 1 active · 21 ended
Active mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates05/01/2024ONTSLAGEN - BENOEMINGEN
- Mandates07/06/2023ONTSLAGEN - BENOEMINGEN
- Mandates11/02/2022ONTSLAGEN - BENOEMINGEN
- Capital / shares29/01/2019KAPITAAL - AANDELEN
- Mandates22/08/2018ONTSLAGEN - BENOEMINGEN
- Mandates28/11/2016ONTSLAGEN - BENOEMINGEN
- Capital / shares06/02/2014KAPITAAL - AANDELEN
- Mandates16/10/2013ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2023Annual accounts 2023-139,8 k €↓
- 2022Annual accounts 20228,7 k €↓
- 2021Annual accounts 202162 k €↓
- 2018Annual accounts 201890,6 k €↑
- 2017Annual accounts 201717 k €↑
- 2016Annual accounts 2016-2,5 k €↑
- 2015Annual accounts 2015-9 k €↓
- 2014Annual accounts 201411,1 k €↑
- 2013Annual accounts 2013-7 k €↑
- 2012Annual accounts 2012-7,4 k €↑
- 2011Annual accounts 2011-31,6 k €↓
- 2010Annual accounts 20102,7 k €↑
- 2009Annual accounts 2009-49,9 k €↓
- 2008Annual accounts 200852,2 k €↓
- 2007Annual accounts 200771,3 k €↓
- 2006Annual accounts 200683,6 k €
- 18/01/1985IncorporationPublic limited company