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AWOM

Active
Private limited companyfounded 2023active for 3 yearsNieuwe Baan 78, 2430 Laakdal, BelgiumKBO/BCE: BE 0804.725.559

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 05-01-2026 PDF all 2 filings

Equity
€8,690▲ 241%
2024 · €2,546
Total assets
€56,221▼ 38.9%
2024 · €91,949
Net result
-€20,856▼ 750%
2024 · -€2,454
Working capital
-€9,488
2024 · €4,184
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is a loss of €19,195, larger than the loss of €1,176 in 2024.

Operating result-€19,195 2025 Net result-€20,856 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€1,176--€19,195▼ 1,532%
Net result-€2,454below the sector's middle half--€20,856below the sector's middle half▼ 750%
Equity€2,546below the sector's middle half-€8,690below the sector's middle half▲ 241%
Total assets€91,949within the sector's middle half-€56,221below the sector's middle half▼ 38.9%
Debt€89,404-€47,531▼ 46.8%
Working capital€4,184below the sector's middle half--€9,488below the sector's middle half
Solvency2.8%below the sector's middle half-15.5%below the sector's middle half▲ 12.7pp
Current ratio1.13within the sector's middle half-0.64below the sector's middle half▼ 0.49
Return on assets (ROA)-2.7%below the sector's middle half--37.1%below the sector's middle half▼ 34.4pp
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €56,221
Fixed assets €39,488 ▼ 28.8%
Current assets €16,733 ▼ 54.2%
Equity and liabilities €56,221
Equity €8,690 ▲ 241%
Debt €47,531 ▼ 46.8%
Debt's share of the balance-sheet total falls from 97.2% to 84.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€2,186▼
2024 · €11,556
Cash flow
-€3,847▼
2024 · €10,277
Quick ratio
0.57▼
2024 · 1.13
Debt to equity
5.47▼
2024 · 35.12
ROE
-240.0%▼
2024 · -96.4%
Interest coverage
-1.28▼
2024 · 7.83
Debt ≤ 1 year
€26,221▼
2024 · €32,314
Debt > 1 year
€21,310▼
2024 · €57,090
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item30-06-202430-06-2025
Tangible fixed assets€68,183€1,045
Depreciation and write-downs of the year€12,732€17,008

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2023 to 2024 · 2 entries · €259 awarded · €259 paid
Year Entries AwardedPaid
2024 1 €197€197
2023 1 €62€62
Schemes
2 entries · €259 · €259 paid · Fonds voor Innoveren en Ondernemen

Comparable companies

These companies have the same main activity as AWOM: joinery installation (NACE 43320). They are comparable in size and age: total assets between €52,800 and €69,400, founded between 2022 and 2024.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
AWOM Laakdal2023€56,221€8,690-€557--€20,8562025
RN Construction Turnhout2023€64,802€60,583€32--€6,5752025
KENNY CORSUS Putte2022€53,523-€14,966-€1,567--€22,0572025
Cisse Faes Arendonk2023€69,380€32,365-€13,363--€26,6792025
V.A.K. Rumst2024€63,501-€11,943-€18,493€43,733-€30,8752025
MH WOOD Ottignies-Louvain-la-Neuve2023€54,112-€52,498-€9,792--€31,2872025
ADN Wood Wavre2023€52,812-€13,503-€1,190--€9,1092025

They were chosen from the 9,053 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 1,207 companies had the same profile as AWOM has now. Two years later, 4.6% had gone bankrupt and 90.2% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.6% went bankrupt
4.6% stopped otherwise
90.2% was still going

Another 0.6% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of AWOM itself: 2.8% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,207 companies, not a prediction for AWOM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines

Source: Annual accounts 2025 (PDF), filed on 05-01-2026.

Balance sheet Code20242025
Assets
Total assets20/58€91,949€56,221▼
Fixed assets21/28€55,452€39,488▼
Tangible fixed assets22/27€55,452€39,488▼
Plant, machinery and equipment23€6,547€5,940▼
Furniture and vehicles24€48,904€33,549▼
Current assets29/58€36,498€16,733▼
Stocks and contracts in progress3-€1,661
Stocks30/36-€1,661
Amounts receivable within one year40/41€27,731€11,850▼
Trade receivables40€27,649€11,322▼
Other amounts receivable41€82€528▲
Cash at bank and in hand54/58€8,387€3,144▼
Deferred charges and accrued income490/1€380€77▼
Equity and liabilities
Total equity and liabilities10/49€91,949€56,221▼
Equity10/15€2,546€8,690▲
Contributions10/11€5,000€32,000▲
Profit (loss) carried forward14-€2,454-€23,310▼
Amounts payable17/49€89,404€47,531▼
Amounts payable after more than one year17€57,090€21,310▼
Financial debts170/4€30,090€21,310▼
Other amounts payable178/9€27,000-
Amounts payable within one year42/48€32,314€26,221▼
Current portion of amounts payable after more than one year42€8,382€8,780▲
Trade debts44€17,451€8,098▼
Suppliers440/4€17,451€8,098▼
Taxes, remuneration and social security45€3,637€4,555▲
Remuneration and social security454/9€3,637€4,555▲
Other amounts payable47/48€2,845€4,788▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,732€17,008▲
Other operating charges640/8€694€630▼
Non-recurring operating charges66A-€1,000
Gross operating margin9900€12,250-€557▼
Operating profit (loss)9901-€1,176-€19,195▼
Financial income75/76B€197€53▼
Recurring financial income75€197€53▼
Financial charges65/66B€1,476€1,714▲
Recurring financial charges65€1,476€1,714▲
Profit (loss) for the period before taxes9903-€2,454-€20,856▼
Profit (loss) for the period9904-€2,454-€20,856▼
Profit (loss) for the period to be appropriated9905-€2,454-€20,856▼
Appropriation of the result
Profit (loss) to be appropriated9906-€2,454-€23,310▼
Profit (loss) brought forward from the previous period14P--€2,454

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,732€17,008▲ 33.6%
Other operating charges640/8€694€630▼ 9.3%
Non-recurring operating charges66A-€1,000-
Gross operating margin9900€12,250-€557-
Operating profit (loss)9901-€1,176-€19,195▼ 1,532%
Financial income75/76B€197€53▼ 73.2%
Recurring financial income75€197€53▼ 73.2%
Financial charges65/66B€1,476€1,714▲ 16.1%
Recurring financial charges65€1,476€1,714▲ 16.1%
Profit (loss) for the period before taxes9903-€2,454-€20,856▼ 750%
Profit (loss) for the period9904-€2,454-€20,856▼ 750%
Profit (loss) for the period to be appropriated9905-€2,454-€20,856▼ 750%
Line20242025Change
Assets
Total assets20/58€91,949€56,221▼ 38.9%
Fixed assets21/28€55,452€39,488▼ 28.8%
Tangible fixed assets22/27€55,452€39,488▼ 28.8%
Plant, machinery and equipment23€6,547€5,940▼ 9.3%
Furniture and vehicles24€48,904€33,549▼ 31.4%
Current assets29/58€36,498€16,733▼ 54.2%
Stocks and contracts in progress3-€1,661-
Stocks30/36-€1,661-
Amounts receivable within one year40/41€27,731€11,850▼ 57.3%
Trade receivables40€27,649€11,322▼ 59.1%
Other amounts receivable41€82€528▲ 544%
Cash at bank and in hand54/58€8,387€3,144▼ 62.5%
Deferred charges and accrued income490/1€380€77▼ 79.6%
Equity and liabilities
Total equity and liabilities10/49€91,949€56,221▼ 38.9%
Equity10/15€2,546€8,690▲ 241%
Contributions10/11€5,000€32,000▲ 540%
Profit (loss) carried forward14-€2,454-€23,310▼ 850%
Amounts payable17/49€89,404€47,531▼ 46.8%
Amounts payable after more than one year17€57,090€21,310▼ 62.7%
Financial debts170/4€30,090€21,310▼ 29.2%
Other amounts payable178/9€27,000--
Amounts payable within one year42/48€32,314€26,221▼ 18.9%
Current portion of amounts payable after more than one year42€8,382€8,780▲ 4.8%
Trade debts44€17,451€8,098▼ 53.6%
Suppliers440/4€17,451€8,098▼ 53.6%
Taxes, remuneration and social security45€3,637€4,555▲ 25.3%
Remuneration and social security454/9€3,637€4,555▲ 25.3%
Other amounts payable47/48€2,845€4,788▲ 68.3%
Line20242025Change
Profit (loss) for the period9904-€2,454-€20,856▼ 750%
+ Depreciation and write-downs630€12,732€17,008▲ 33.6%
Operating cash flow (approximation)€10,277-€3,847-
Investment in fixed assets (approximation)--€1,045-
Change in cash--€5,243-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
30-06-2025 micro format 05-01-2026 2026-00000715 PDF
30-06-2024 micro format 17-01-2025 2025-00006189 PDF

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