ACTIVE

BELGIAN TIMBER

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Financial year 2025 · closed on 31/12/2025

Net result

4,2 k €

-41.3% YoY

Gross margin

66,2 k €

-35.1% YoY

Equity

211,1 k €

+2.0% YoY

Workforce

2,1 ETP

-30.0% YoY

What does BELGIAN TIMBER do?

BELGIAN TIMBER is a Public limited company incorporated in 2009. Its main activity is: Agents involved in the sale of timber and building materials. Its registered office is in Waregem. It employs on average 2,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0809.271.097

Incorporation

21/01/2009

Legal form

Public limited company

Registered office

Industrielaan 5
8790 Waregem · FlandreSee on map

Contributed capital

300 000,00 €

Latest accounts

31/12/2025

Average workforce

2,1 ETP

Activities (NACE)

46130Agents involved in the sale of timber and building materials· main 46130Agents involved in the sale of timber and building materials 46732Wholesale of wood, construction materials and sanitary equipment 46832Wholesale trade, except of motor vehicles and motorcycles

Joint committees (1)

12503

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	66,2 k €	-35.1%	102,1 k €	+5.1%	97,1 k €	+86.8%	52 k €	-33.6%	78,4 k €		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	3,4 k €	-32.7%	5,1 k €	+8.2%	4,7 k €	+32.7%	3,6 k €	-20.3%	4,5 k €	+163%	-7,1 k €	-256%	4,5 k €	+287%	1,2 k €	+102%	-60,3 k €	-10.9%	-54,4 k €	-24.7%	-43,6 k €	+5.6%	-46,2 k €	-295%	-11,7 k €	-52.0%	-7,7 k €	-176%	10,1 k €	-12.3%	11,5 k €	+999%	1 k €
Operating result	3,4 k €	-32.7%	5,1 k €	+8.2%	4,7 k €	+32.7%	3,6 k €	-20.3%	4,5 k €	+163%	-7,1 k €	-256%	4,5 k €	+319%	1,1 k €	+102%	-60,4 k €	-10.8%	-54,5 k €	-24.6%	-43,7 k €	+5.6%	-46,3 k €	-293%	-11,8 k €	-51.4%	-7,8 k €	-178%	10 k €	-12.4%	11,4 k €	+1094%	955,6 €
Net result	4,2 k €	-41.3%	7,2 k €	-16.0%	8,5 k €	+186%	3 k €	-26.0%	4 k €	+184%	-4,8 k €	-173%	6,6 k €	+132%	2,8 k €	+105%	-58,1 k €	-40.7%	-41,3 k €	-46.5%	-28,2 k €	+11.8%	-31,9 k €	-1872%	1,8 k €	-58.3%	4,3 k €	-75.4%	17,5 k €	+46.7%	12 k €	+262%	3,3 k €
Balance sheet
Equity	211,1 k €	+2.0%	206,8 k €	+3.6%	199,7 k €	+4.5%	191,1 k €	+1.6%	188,1 k €	+2.2%	184,1 k €	-2.5%	188,9 k €	+3.6%	182,3 k €	+1.6%	179,5 k €	-24.4%	237,5 k €	-14.8%	278,8 k €	-9.2%	307 k €	-9.4%	338,9 k €	+0.5%	337,1 k €	+1.3%	332,8 k €	+5.6%	315,3 k €	+3.9%	303,3 k €
Total assets	243,3 k €	+10.1%	221 k €	+3.3%	213,9 k €	+4.0%	205,6 k €	-0.1%	205,9 k €	+6.8%	192,8 k €	-2.8%	198,3 k €	+1.9%	194,7 k €	-27.6%	268,9 k €	-17.2%	324,6 k €	-12.5%	370,9 k €	-7.8%	402,2 k €	-6.5%	430 k €	-1.8%	437,8 k €	+0.8%	434,1 k €	+2.2%	425 k €	-3.0%	438,2 k €
Cash	–		–		–		–		–		–		–		–		–		8,4 k €	-31.0%	12,2 k €	-38.2%	19,7 k €	+387%	4 k €	-51.4%	8,3 k €	-33.8%	12,6 k €	-91.6%	148,9 k €	-46.2%	276,4 k €
Debts	32,1 k €	+128%	14,1 k €	-0.2%	14,1 k €	-1.9%	14,4 k €	-18.4%	17,6 k €	+106%	8,6 k €	-7.3%	9,2 k €	-24.0%	12,1 k €	-86.4%	89,2 k €	+2.8%	86,8 k €	-5.4%	91,7 k €	-3.3%	94,8 k €	+4.2%	91 k €	-9.6%	100,6 k €	-0.7%	101,3 k €	-6.7%	108,6 k €	-19.5%	134,9 k €
Other
Workforce	2,1 ETP	-30.0%	3,0 ETP	+3.4%	2,9 ETP	+16.0%	2,5 ETP	0.0%	2,5 ETP	-3.8%	2,6 ETP	-13.3%	3,0 ETP	0.0%	3,0 ETP	-16.7%	3,6 ETP	+9.1%	3,3 ETP	-17.5%	4,0 ETP	-20.0%	5,0 ETP	-24.2%	6,6 ETP	0.0%	6,6 ETP	-8.3%	7,2 ETP	+4.3%	6,9 ETP	+68.3%	4,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 11 ended

Active mandates

F. CRAS CONSULT

Director · 0680.993.844

Represented by Frédéric Cras

Active

Ended mandates

F. CRAS CONSULT

Director · since 20 décembre 2019 · 0680.993.844

Ended

F. CRAS CONSULT

Director · since 11 décembre 2017 · until 01 juin 2021 · 0680.993.844

Represented by Frédéric Cras

Ended

Te Smoor

Director · since 22 juillet 2015 · until 11 décembre 2017 · 0466.562.179

Represented by Frédéric CRAS

Ended

Frédéric CRAS

Director · since 08 juillet 2015 · until 20 décembre 2019

Ended

At this address

Other companies at this address

Company	CBE no.
CIE DUBOIS - STOCKMANS● Active	0415.225.128
CRAS● Active	0882.268.745
Firma Cras● Active	0405.398.137
GREEN-BEL● Active	0818.058.408
GROEP CRAS● Active	0838.617.062
Industriezone Waregem-Zuid● Active	0846.120.508
Jules Renard● Active	0412.711.739
Te Smoor● Active	0466.562.179

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Full 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	28/08/2026	27/08/2025	30/09/2024	19/07/2023	29/09/2022	25/08/2021
General meeting	27/08/2026	25/08/2025	30/09/2024	30/06/2023	28/09/2022	30/06/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/08/2026	28/08/2026	Dutch	PDF
Abridged model	31/12/2024	25/08/2025	27/08/2025	Dutch	PDF
Abridged model	31/12/2023	30/09/2024	30/09/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	19/07/2023	Dutch	PDF
Abridged model	31/12/2021	28/09/2022	29/09/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	25/08/2021	Dutch	PDF
Full model	31/12/2019	24/06/2020	30/06/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	16/07/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	20/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	13/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	14/07/2016	Dutch	PDF
Full model	31/12/2014	22/07/2015	22/07/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	07/07/2014	Dutch	PDF
Full model	31/12/2012	25/06/2013	01/07/2013	Dutch	PDF
Full model	31/12/2011	05/06/2012	09/07/2012	Dutch	PDF
Full model	31/12/2010	07/06/2011	07/07/2011	Dutch	PDF
Full model	31/12/2009	01/06/2010	07/07/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 1 active · 11 ended

Active mandates

F. CRAS CONSULT

Director · 0680.993.844

Represented by Frédéric Cras

Active

Ended mandates

F. CRAS CONSULT

Director · since 20 décembre 2019 · 0680.993.844

Ended

F. CRAS CONSULT

Director · since 11 décembre 2017 · until 01 juin 2021 · 0680.993.844

Represented by Frédéric Cras

Ended

Te Smoor

Director · since 22 juillet 2015 · until 11 décembre 2017 · 0466.562.179

Represented by Frédéric CRAS

Ended

Frédéric CRAS

Director · since 08 juillet 2015 · until 20 décembre 2019

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/10/2025
Benoeming commissaris
PDF
Mandates16/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other13/02/2020
DIVERSEN
PDF
Mandates22/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/08/2016
ONTSLAGEN - BENOEMINGEN
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 20254,2 k €↓
2024
Annual accounts 20247,2 k €↓
2023
Annual accounts 20238,5 k €↑
2022
Annual accounts 20223 k €↓
2021
Annual accounts 20214 k €↑
2020
Annual accounts 2020-4,8 k €↓
2019
Annual accounts 20196,6 k €↑
2018
Annual accounts 20182,8 k €↑
2017
Annual accounts 2017-58,1 k €↓
2016
Annual accounts 2016-41,3 k €↓
2015
Annual accounts 2015-28,2 k €↑
2014
Annual accounts 2014-31,9 k €↓
2013
Annual accounts 20131,8 k €↓
2012
Annual accounts 20124,3 k €↓
2011
Annual accounts 201117,5 k €↑
2010
Annual accounts 201012 k €↑
2009
Annual accounts 20093,3 k €
21/01/2009
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

BELGIAN TIMBER

Overview

What does BELGIAN TIMBER do?

Trend over 17 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