AD WOOD CONCEPT
ActiveSummary
AD WOOD CONCEPT has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,770 and a net result of €17,324. Equity has been growing by about 23% per year since 2022. Its solvency ranks better than 42% of 3,298 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Official details
Source: KBO- Status
- Active since 22-10-2021 Normal situation
- Activity
- Repair and maintenance of furniture and upholstery NACE 95240and 5 others
- Establishment unit
- 2.324.133.460 1410 Waterloo, since 22-10-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Board and ownership
- Diego De TaeyeDirector · since 22-10-2021
- ROLAND CHRISTINE PAULEDirector · since 22-10-2021
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.2%
- Gross margin
- €24,904
- Turnover
- ≈ €190,000
- estimated
- Profit
- €17,324
- Equity
- €29,770
- ▲ 15×
- Total assets
- €98,630
- ▲ 13.7%
- 2025 accounts filed 27 days after the deadline
Score breakdownraises riskFounded in 2021Last filed accounts filed 27 days late; 1 of the last 3 accounts lateSector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)lowers riskLiquidity: current ratio 1.40, cash €18,703Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, micro). It does better than 40% of them on solvency, 28% on liquidity, 81% on profitability and 99% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 32 days after the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Recent changes
- · Gazette deed Registered office moved within WaterlooResignation: Anthony Thirion (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as AD WOOD CONCEPT: repair and maintenance of furniture and upholstery (NACE 95240). They are comparable in size and age: total assets between €110,000 and €184,000, founded between 2019 and 2024.
| Company | Total assets | Gross margin |
|---|---|---|
| AD WOOD CONCEPT Waterloo | €98,630 | €24,904 |
| EBENIST STIL Beersel | €109,620 | €20,087 |
| BOOK AND PAPER RESTORATION Huy | €114,604 | €35,806 |
| EDW Meubelstoffering & Antiekrestauratie Brugge | €120,261 | €15,297 |
| STOFFEREN SMEEKS Halle | €128,818 | €14,041 |
| C-BLAST Bree | €183,762 | €40,482 |
| ATELIER TAPIS & GARNISSAGE Waterloo | €114,422 | €17,640 |
Key facts about AD WOOD CONCEPT
- What is the company number of AD WOOD CONCEPT?
- The company number of AD WOOD CONCEPT is 0776.389.186. The VAT number is the same number with BE in front: BE 0776.389.186.
- Where is AD WOOD CONCEPT based?
- The registered office is at Avenue Jassogne (Auguste) 9, 1410 Waterloo.Company details
- What does AD WOOD CONCEPT do?
- According to the KBO register, the main activity is repair and maintenance of furniture and upholstery (NACE 95240).
- What is the legal form of AD WOOD CONCEPT?
- The legal form of AD WOOD CONCEPT is Private limited company (BV).
- When was AD WOOD CONCEPT founded?
- AD WOOD CONCEPT was founded on 22-10-2021.
- Is AD WOOD CONCEPT still active?
- Yes, AD WOOD CONCEPT is an active enterprise in the KBO register.
- What is the turnover of AD WOOD CONCEPT?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €24,904 and 120 comparable companies (NACE 95). It probably lies between €80,000 and €390,000. It is a rough estimate.Financials
- Is AD WOOD CONCEPT profitable?
- In financial year 2025, AD WOOD CONCEPT made a profit of €17,324.
- Where can I find the annual accounts of AD WOOD CONCEPT?
- AD WOOD CONCEPT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AD WOOD CONCEPT due?
- AD WOOD CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.