ACTIVE

TIMBERDRY

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Financial year 2025 · closed on 31/12/2025

Net result

15,1 k €

-23.3% YoY

Gross margin

47,8 k €

-31.6% YoY

Equity

1,3 M €

+1.1% YoY

What does TIMBERDRY do?

TIMBERDRY is a Public limited company incorporated in 1992. Its registered office is in Nazareth-De Pinte.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.300.148

Incorporation

21/09/1992

Legal form

Public limited company

Registered office

Karreweg 15
9810 Nazareth-De Pinte · FlandreSee on map

Contributed capital

960 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	47,8 k €	-31.6%	69,8 k €	-27.7%	96,6 k €	-1.4%	98 k €	-10.5%	109,5 k €	-0.3%	109,8 k €	+54.4%	71,1 k €	+54.4%	46 k €	+0.5%	45,8 k €	-78.5%	213,1 k €		–		–		–		–		–		–		–		–		30,9 k €	-4.9%	32,5 k €
EBITDA	43,8 k €	-33.6%	66 k €	-29.0%	93 k €	-1.7%	94,6 k €	+0.2%	94,4 k €	-0.5%	94,9 k €	+62.1%	58,5 k €	+73.6%	33,7 k €	-14.4%	39,4 k €	-80.9%	206 k €	+420%	39,7 k €	+7.1%	37 k €	+2.1%	36,3 k €	+70.0%	21,3 k €	-29.4%	30,2 k €	+2.1%	29,6 k €	+1.0%	29,3 k €	-9.0%	32,2 k €	+22.7%	26,3 k €	-3.9%	27,3 k €
Operating result	18 k €	-20.6%	22,6 k €	-54.4%	49,6 k €	-3.1%	51,2 k €	+0.4%	51 k €	-1.0%	51,5 k €	+239%	15,2 k €	+258%	-9,6 k €	-142%	-4 k €	-102%	162,6 k €	+634%	22,2 k €	+13.4%	19,5 k €	+4.0%	18,8 k €	+452%	3,4 k €	-72.0%	12,2 k €	+5.3%	11,5 k €	+2.5%	11,3 k €	-20.5%	14,2 k €	+72.8%	8,2 k €	-11.6%	9,3 k €
Net result	15,1 k €	-23.3%	19,7 k €	-45.7%	36,3 k €	-3.1%	37,5 k €	+0.4%	37,4 k €	-3.0%	38,5 k €	+176%	14 k €	+225%	-11,2 k €	-103%	-5,5 k €	-103%	163 k €	+605%	23,1 k €	+13.6%	20,4 k €	+4.4%	19,5 k €	+115%	-133,3 k €	-793%	19,3 k €	-7.9%	20,9 k €	+63.1%	12,8 k €	-18.7%	15,8 k €	+85.6%	8,5 k €	-1.2%	8,6 k €
Balance sheet
Equity	1,3 M €	+1.1%	1,3 M €	+1.5%	1,3 M €	+2.9%	1,3 M €	+3.1%	1,2 M €	+3.1%	1,2 M €	+3.4%	1,1 M €	+1.2%	1,1 M €	-1.0%	1,1 M €	-0.5%	1,2 M €	+16.5%	988,9 k €	+2.4%	965,7 k €	+2.2%	945,4 k €	+2.1%	925,9 k €	-12.6%	1,1 M €	+1.9%	1 M €	+2.1%	1 M €	+1.3%	1 M €	+1.6%	990,5 k €	+0.9%	982 k €
Total assets	1,3 M €	+0.3%	1,3 M €	+2.2%	1,3 M €	+2.8%	1,3 M €	+3.0%	1,2 M €	+2.7%	1,2 M €	+4.6%	1,2 M €	-6.7%	1,2 M €	-0.8%	1,2 M €	-0.8%	1,3 M €	+27.0%	989,7 k €	+2.5%	965,8 k €	+2.1%	946,1 k €	+2.2%	926 k €	-12.6%	1,1 M €	+1.8%	1 M €	+2.0%	1 M €	+1.3%	1 M €	+1.6%	991,3 k €	+0.9%	982,8 k €
Cash	64,9 k €	+12.6%	57,7 k €	-85.2%	388,3 k €	+25.6%	309,1 k €	+35.6%	228 k €	+49.7%	152,3 k €	+175%	55,4 k €	-41.4%	94,5 k €	+93.0%	49 k €	+78.1%	27,5 k €	-78.9%	130,3 k €	+52.8%	85,3 k €	+69.1%	50,4 k €	+177%	18,2 k €	-67.0%	55,2 k €	+151%	21,9 k €	-78.8%	103,6 k €	+50.5%	68,8 k €	+66.8%	41,3 k €	+233%	12,4 k €
Debts	13,6 k €	-45.9%	25,1 k €	+59.7%	15,7 k €	-3.4%	16,3 k €	+1.4%	16,1 k €	-23.8%	21,1 k €	+252%	6 k €	-94.2%	102,5 k €	+1.3%	101,1 k €	-4.1%	105,5 k €	+11655%	897,2 €	+904%	89,3 €	-88.4%	766,9 €	+369%	163,7 €		–		273 €	-57.0%	634,3 €	+14.1%	555,8 €	-28.3%	775,4 €	+1.4%	764,9 €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 12 ended

Active mandates

Ann Vanderbauwhede

Managing director · since 03 janvier 2024 · until 04 mai 2029

Active

Filip Vanderbauwhede

Managing director · since 03 janvier 2024 · until 04 mai 2029

Active

Luc Vanderbauwhede

Managing director · since 03 janvier 2024 · until 04 mai 2029

Active

Marie-Claire De Clercq

Managing director · since 03 janvier 2024 · until 04 mai 2029

Active

Ended mandates

Ann Vanderbauwhede

Managing director · since 04 mai 2021 · until 31 mai 2027

Ended

Filip Vanderbauwhede

Managing director · since 04 mai 2021 · until 31 mai 2027

Ended

Luc Vanderbauwhede

Managing director · since 04 mai 2021 · until 04 mai 2027

Ended

Marie-Claire De Clercq

Managing director · since 04 mai 2021 · until 04 mai 2027

Ended

At this address

Other companies at this address

Company	CBE no.
M.H. - RETAIL● Active	0823.841.883
MISTRAL HOME● Active	0449.881.149
MISTRAL HOME INTERNATIONAL● Active	0559.905.378

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/08/2026	26/07/2025	18/07/2024	24/08/2023	27/07/2022	21/06/2021
General meeting	04/05/2026	04/05/2025	04/05/2024	04/05/2023	04/05/2022	04/05/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/05/2026	19/08/2026	Dutch	PDF
Abridged model	31/12/2024	04/05/2025	26/07/2025	Dutch	PDF
Abridged model	31/12/2023	04/05/2024	18/07/2024	Dutch	PDF
Abridged model	31/12/2022	04/05/2023	24/08/2023	Dutch	PDF
Abridged model	31/12/2021	04/05/2022	27/07/2022	Dutch	PDF
Abridged model	31/12/2020	04/05/2021	21/06/2021	Dutch	PDF
Abridged model	31/12/2019	04/05/2020	06/08/2020	Dutch	PDF
Abridged model	31/12/2018	04/05/2019	20/06/2019	Dutch	PDF
Abridged model	31/12/2017	04/05/2018	05/07/2018	Dutch	PDF
Abridged model	31/12/2016	19/05/2017	10/07/2017	Dutch	PDF
Full model	31/12/2015	23/03/2016	13/04/2016	Dutch	PDF
Full model	31/12/2014	04/05/2015	01/06/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	15/07/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	11/07/2013	Dutch	PDF
Full model	31/12/2011	04/05/2012	30/05/2012	Dutch	PDF
Full model	31/12/2010	04/05/2011	30/05/2011	Dutch	PDF
Full model	31/12/2009	04/05/2010	17/05/2010	Dutch	PDF
Full model	31/12/2008	04/05/2009	12/05/2009	Dutch	PDF
Abridged model	31/12/2007	04/05/2008	04/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/05/2007	07/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 12 ended

Active mandates

Ann Vanderbauwhede

Managing director · since 03 janvier 2024 · until 04 mai 2029

Active

Filip Vanderbauwhede

Managing director · since 03 janvier 2024 · until 04 mai 2029

Active

Luc Vanderbauwhede

Managing director · since 03 janvier 2024 · until 04 mai 2029

Active

Marie-Claire De Clercq

Managing director · since 03 janvier 2024 · until 04 mai 2029

Active

Ended mandates

Ann Vanderbauwhede

Managing director · since 04 mai 2021 · until 31 mai 2027

Ended

Filip Vanderbauwhede

Managing director · since 04 mai 2021 · until 31 mai 2027

Ended

Luc Vanderbauwhede

Managing director · since 04 mai 2021 · until 04 mai 2027

Ended

Marie-Claire De Clercq

Managing director · since 04 mai 2021 · until 04 mai 2027

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/10/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/08/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/09/2007
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares29/12/2004
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202515,1 k €↓
2024
Annual accounts 202419,7 k €↓
2023
Annual accounts 202336,3 k €↓
2022
Annual accounts 202237,5 k €↑
2021
Annual accounts 202137,4 k €↓
2020
Annual accounts 202038,5 k €↑
2019
Annual accounts 201914 k €↑
2018
Annual accounts 2018-11,2 k €↓
2017
Annual accounts 2017-5,5 k €↓
2016
Annual accounts 2016163 k €↑
2015
Annual accounts 201523,1 k €↑
2014
Annual accounts 201420,4 k €↑
2013
Annual accounts 201319,5 k €↑
2012
Annual accounts 2012-133,3 k €↓
2011
Annual accounts 201119,3 k €↓
2010
Annual accounts 201020,9 k €↑
2009
Annual accounts 200912,8 k €↓
2008
Annual accounts 200815,8 k €↑
2007
Annual accounts 20078,5 k €↓
2006
Annual accounts 20068,6 k €
21/09/1992
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TIMBERDRY

Overview

What does TIMBERDRY do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline