ACTIVE

TIMBER WORKS

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Financial year 2025 · Closed on 31/12/2025

Net result-84,5 k €-280,2 %over 1 year

Gross margin200,5 k €-39,4 %over 1 year

Equity-80,7 k €-2 230,4 %over 1 year

Workforce2,4 ETP-20,0 %over 1 year

Identity

Source · BCE/KBO

TIMBER WORKS is a Private limited company incorporated in 2011. Its main activity is: Manufacture of other builders' carpentry and joinery. Its registered office is in Heist-op-den-Berg. It employs on average 2,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0840.141.942
Incorporation: 10/10/2011
Legal form: Private limited company
Registered office: Tuindijk 31 box A
2223 Heist-op-den-Berg · FlandreSee on map
Contributed capital: 726 250,00 €
Latest accounts: 31/12/2025
Average workforce: 2,4 ETP

Activities (NACE)

16230Manufacture of other builders' carpentry and joinery· main 16230Manufacture of other builders' carpentry and joinery 46732Wholesale of wood, construction materials and sanitary equipment 46832Wholesale trade, except of motor vehicles and motorcycles 46130Agents involved in the sale of timber and building materials 46130Agents involved in the sale of timber and building materials+2

Joint committees (2)

Signals

Positive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 14 filings

Trend over 13 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	200,5 k €	-39.4%	330,6 k €	+310%	80,6 k €	-81.9%	444,7 k €	+0.1%	444,2 k €
EBITDA	47,4 k €	-73.5%	178,5 k €	+361%	-68,3 k €	-126%	258,9 k €	+31.3%	197,1 k €
Operating result	-78,4 k €	-246%	53,5 k €	+125%	-212,1 k €	-282%	116,3 k €	+263%	32 k €
Net result	-84,5 k €	-280%	46,9 k €	+122%	-213,6 k €	-278%	119,8 k €	+347%	26,8 k €
Balance sheet
Equity	-80,7 k €	-2230%	3,8 k €	+109%	-43,1 k €	-125%	170,6 k €	+236%	50,8 k €
Total assets	834,2 k €	+7.0%	779,3 k €	+12.3%	694 k €	-38.5%	1,1 M €	-2.1%	1,2 M €
Cash	27 k €	-12.1%	30,7 k €	+376%	6,4 k €	-78.9%	30,5 k €	-29.1%	43,1 k €
Debts	914,9 k €	+40.6%	650,5 k €	-11.7%	737,1 k €	-23.0%	957,5 k €	-13.0%	1,1 M €
Other
Workforce	2,4 ETP	-20.0%	3,0 ETP	0.0%	3,0 ETP	-9.1%	3,3 ETP	-31.3%	4,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PETER NAETS	Directorsince 01/10/2011Manager2019 accountsended
WIM DIELTJENS	Directorsince 01/10/2011Manager2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ilse Dieltjens	Manager2017 accounts
Victor Dieltjens	Manager2017 accounts

Full financial information

Source · NBB

	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	05/06/2026	19/06/2025	26/06/2024	31/08/2023	08/06/2022	16/08/2021
General meeting	30/05/2026	31/05/2025	25/05/2024	27/05/2023	28/05/2022	29/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/05/2026	05/06/2026	Dutch	PDF
Abridged model	31/12/2024	31/05/2025	19/06/2025	Dutch	PDF
Abridged model	31/12/2023	25/05/2024	26/06/2024	Dutch	PDF
Abridged model	31/12/2022	27/05/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	28/05/2022	08/06/2022	Dutch	PDF
Abridged model	31/12/2020	29/05/2021	16/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/05/2020	04/06/2020	Dutch	PDF
Abridged model	31/12/2018	25/05/2019	22/08/2019	Dutch	PDF
Abridged model	31/12/2017	26/05/2018	20/06/2018	Dutch	PDF
Abridged model	31/12/2016	27/05/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	12/09/2016	Dutch	PDF
Abridged model	31/12/2014	30/05/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	03/07/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	27/08/2013	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PETER NAETS	Directorsince 01/10/2011Manager2019 accountsended
WIM DIELTJENS	Directorsince 01/10/2011Manager2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ilse Dieltjens	Manager2017 accounts
Victor Dieltjens	Manager2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/12/2023
WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/01/2018
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/12/2011
ONTSLAGEN - BENOEMINGEN
PDF
Other21/10/2011
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings13 filings

Mandates

PETER NAETS

WIM DIELTJENS

Victor Dieltjens

Ilse Dieltjens

2011201220132014201520162017201820192020202120222023202420252026

TIMBER WORKS

Tuindijk 31 bte A, 2223 Schriek

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Tuindijk 31 bte A, 2223 SchriekCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00143987

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
TIMBER WORKSCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00143987

Events

2025
Annual accounts 2025-84,5 k €↓
2024
Annual accounts 202446,9 k €↑
2023
Annual accounts 2023-213,6 k €↓
2022
Annual accounts 2022119,8 k €↑
2021
Annual accounts 202126,8 k €↑
2019
Annual accounts 201910,7 k €↓
2018
Annual accounts 201821,7 k €↑
2017
Annual accounts 2017-53,5 k €↑
2016
Annual accounts 2016-118,4 k €↑
2015
Annual accounts 2015-168,9 k €↓
2014
Annual accounts 20143,2 k €↑
2013
Annual accounts 2013-212,7 k €↑
2012
Annual accounts 2012-241,4 k €
10/10/2011
IncorporationPrivate limited company

TIMBER WORKS

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events