ACTIVE

TIMBERTECH

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Financial year 2024 · closed on 31/12/2024

Net result

533,8 k €

+65.2% YoY

Gross margin

982,7 k €

+4.8% YoY

Equity

2,9 M €

+9.8% YoY

Workforce

2,0 ETP

-20.0% YoY

What does TIMBERTECH do?

TIMBERTECH is a Private limited company incorporated in 1995. Its registered office is in Deinze. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.159.128

Incorporation

28/09/1995

Legal form

Private limited company

Registered office

Warandestraat 19
9850 Deinze · FlandreSee on map

Contributed capital

18 592,00 €

Latest accounts

31/12/2024

Average workforce

2,0 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	982,7 k €	+4.8%	938 k €	-14.9%	1,1 M €	+50.4%	732,7 k €	+49.5%	490,2 k €	-25.1%	654,2 k €	+61.0%	406,3 k €	-19.2%	502,9 k €	+19.8%	419,7 k €	+4.0%	403,7 k €	+16.2%	347,3 k €	-34.5%	530,1 k €	+29.6%	409,1 k €	+16.7%	350,6 k €	-17.3%	423,7 k €	+13.9%	372,1 k €	+12.2%	331,5 k €	-13.2%	381,7 k €	+6.0%	360 k €
EBITDA	796,1 k €	+10.1%	723,3 k €	-19.9%	903,2 k €	+63.1%	553,9 k €	+68.4%	328,9 k €	-34.4%	501,2 k €	+99.9%	250,7 k €	-27.4%	345,2 k €	+34.1%	257,3 k €	+9.5%	234,9 k €	+32.5%	177,4 k €	-50.8%	360,3 k €	+69.8%	212,2 k €	+36.0%	156,1 k €	-29.4%	221,1 k €	+116%	102,5 k €	+83.9%	55,7 k €	-43.4%	98,4 k €	+13.3%	86,9 k €
Operating result	775,7 k €	+13.2%	685,1 k €	-20.4%	860,5 k €	+70.7%	504,2 k €	+84.9%	272,7 k €	-37.8%	438,8 k €	+127%	193,6 k €	-32.9%	288,4 k €	+48.9%	193,6 k €	+25.8%	154 k €	+51.6%	101,5 k €	-61.0%	260,5 k €	+110%	123,8 k €	+65.0%	75 k €	-56.8%	173,5 k €	+185%	60,9 k €	+34.9%	45,2 k €	+18.5%	38,1 k €	-42.0%	65,7 k €
Net result	533,8 k €	+65.2%	323 k €	-42.8%	564,3 k €	+72.8%	326,5 k €	+103%	160,9 k €	-40.7%	271,2 k €	+124%	121 k €	-23.9%	159,1 k €	+68.6%	94,4 k €	+22.7%	76,9 k €	+43.6%	53,6 k €	-67.7%	166 k €	+121%	75 k €	+67.9%	44,7 k €	-61.8%	117 k €	+111%	55,4 k €	+17.2%	47,2 k €	-0.9%	47,6 k €	-22.7%	61,6 k €
Balance sheet
Equity	2,9 M €	+9.8%	2,6 M €	+2.4%	2,6 M €	+28.0%	2 M €	+6.4%	1,9 M €	+9.3%	1,7 M €	+18.6%	1,5 M €	+8.6%	1,3 M €	+13.4%	1,2 M €	+8.7%	1,1 M €	+7.6%	1 M €	+5.6%	959,8 k €	+20.9%	793,7 k €	+10.4%	718,8 k €	+2.2%	703,5 k €	+20.0%	586,5 k €	+10.4%	531,1 k €	+9.8%	483,9 k €	+10.9%	436,2 k €
Total assets	4,1 M €	+10.2%	3,7 M €	-4.2%	3,8 M €	+18.0%	3,3 M €	+10.5%	2,9 M €	+6.2%	2,8 M €	+14.9%	2,4 M €	+6.7%	2,3 M €	+2.7%	2,2 M €	+16.7%	1,9 M €	+7.7%	1,8 M €	+9.2%	1,6 M €	+6.0%	1,5 M €	-7.9%	1,6 M €	+19.0%	1,4 M €	+28.3%	1,1 M €	-14.3%	1,3 M €	+55.2%	809,2 k €	+35.8%	596,1 k €
Cash	226,5 k €	-91.5%	2,7 M €	+70.5%	1,6 M €	+43.7%	1,1 M €	-41.1%	1,8 M €	+26.7%	1,5 M €	+23.8%	1,2 M €	+22.6%	957 k €	+30.7%	732,3 k €	+37.3%	533,3 k €	+20.4%	442,8 k €	+130%	192,7 k €	+41.7%	136 k €	-31.3%	197,8 k €	+916%	19,5 k €	-66.4%	58 k €	-57.6%	136,8 k €	+47.5%	92,7 k €	-75.4%	376,7 k €
Debts	1,2 M €	+11.3%	1 M €	-17.9%	1,3 M €	+1.8%	1,2 M €	+17.9%	1,1 M €	+1.1%	1 M €	+9.2%	951,5 k €	+3.8%	916,3 k €	-9.8%	1 M €	+27.8%	795,4 k €	+7.7%	738,2 k €	+14.6%	644,2 k €	-10.5%	719,8 k €	-22.2%	924,7 k €	+36.5%	677,4 k €	+38.4%	489,4 k €	-32.4%	724,5 k €	+123%	324,9 k €	+104%	159,4 k €
Other
Workforce	2,0 ETP	-20.0%	2,5 ETP	0.0%	2,5 ETP	0.0%	2,5 ETP	0.0%	2,5 ETP	0.0%	2,5 ETP	0.0%	2,5 ETP	-7.4%	2,7 ETP	0.0%	2,7 ETP	-15.6%	3,2 ETP	+6.7%	3,0 ETP	0.0%	3,0 ETP	-18.9%	3,7 ETP	+5.7%	3,5 ETP	-7.9%	3,8 ETP	-25.5%	5,1 ETP	-7.3%	5,5 ETP	-15.4%	6,5 ETP	+8.3%	6,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Carlos Van Beirs

Administrator - manager

Active

Ended mandates

Carlos Beirs

Manager

Ended

Carlos Van Beirs

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2025	22/08/2024	06/07/2023	29/06/2022	11/08/2021	23/06/2020
General meeting	23/08/2025	17/08/2024	24/06/2023	25/06/2022	07/08/2021	13/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	23/08/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	17/08/2024	22/08/2024	Dutch	PDF
Abridged model	31/12/2022	24/06/2023	06/07/2023	Dutch	PDF
Abridged model	31/12/2021	25/06/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	07/08/2021	11/08/2021	Dutch	PDF
Abridged model	31/12/2019	13/06/2020	23/06/2020	Dutch	PDF
Abridged model	31/12/2018	17/08/2019	23/08/2019	Dutch	PDF
Abridged model	31/12/2017	04/08/2018	21/08/2018	Dutch	PDF
Abridged model	31/12/2016	16/09/2017	26/09/2017	Dutch	PDF
Abridged model	31/12/2015	03/09/2016	05/09/2016	Dutch	PDF
Abridged model	31/12/2014	26/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	27/09/2014	06/10/2014	Dutch	PDF
Abridged model	31/12/2012	21/09/2013	27/09/2013	Dutch	PDF
Abridged model	31/12/2011	25/08/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/08/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	01/05/2010	19/05/2010	Dutch	PDF
Abridged model	31/12/2008	11/07/2009	06/08/2009	Dutch	PDF
Abridged model	31/12/2007	17/05/2008	23/05/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	04/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 31/12/2024 · 1 active · 2 ended

Active mandates

Carlos Van Beirs

Administrator - manager

Active

Ended mandates

Carlos Beirs

Manager

Ended

Carlos Van Beirs

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other23/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Capital / shares13/10/2005
DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - 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

2024
Annual accounts 2024533,8 k €↑
2023
Annual accounts 2023323 k €↓
2022
Annual accounts 2022564,3 k €↑
2021
Annual accounts 2021326,5 k €↑
2020
Annual accounts 2020160,9 k €↓
2019
Annual accounts 2019271,2 k €↑
2018
Annual accounts 2018121 k €↓
2017
Annual accounts 2017159,1 k €↑
2016
Annual accounts 201694,4 k €↑
2015
Annual accounts 201576,9 k €↑
2014
Annual accounts 201453,6 k €↓
2013
Annual accounts 2013166 k €↑
2012
Annual accounts 201275 k €↑
2011
Annual accounts 201144,7 k €↓
2010
Annual accounts 2010117 k €↑
2009
Annual accounts 200955,4 k €↑
2008
Annual accounts 200847,2 k €↓
2007
Annual accounts 200747,6 k €↓
2006
Annual accounts 200661,6 k €
28/09/1995
IncorporationPrivate 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

TIMBERTECH

Overview

What does TIMBERTECH do?

Trend over 19 financial years

Indicative valuation

Board of directors

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