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BECAWOOD

Active
Private limited companyfounded 2013active for 13 yearsKazandstraat 57-59, 8800 Roeselare, BelgiumKBO/BCE: BE 0521.921.069
Summary

BECAWOOD has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,275 and a net result of €4,782. Equity is growing by about 8.6% per year across the filed financial years. Its solvency ranks better than 13% of 34,483 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Financials · financial year 2025, micro format

Equity
€26,275▼ 14.9%
2024 · €30,881
Total assets
€290,615▲ 268%
2024 · €78,932
Net result
€4,782▼ 59.2%
2024 · €11,711
Working capital
€2,137▼ 92.6%
2024 · €28,704
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result falls in 2025; 2025 is 12% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€12,984 2025 Net result€4,782 2025

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

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€16,522-€22,494▲ 36.1%€11,873▼ 47.2%€273▼ 97.7%€6,114▲ 2,139%€14,780▲ 142%€12,984▼ 12.2%
Net result€14,933-€18,722within the sector's middle half▲ 25.4%€7,577within the sector's middle half▼ 59.5%€214below the sector's middle half▼ 97.2%€3,837within the sector's middle half▲ 1,695%€11,711within the sector's middle half▲ 205%€4,782within the sector's middle half▼ 59.2%
Equity€11,505-€19,228below the sector's middle half▲ 67.1%€26,804within the sector's middle half▲ 39.4%€27,018within the sector's middle half▲ 0.8%€29,323within the sector's middle half▲ 8.5%€30,881within the sector's middle half▲ 5.3%€26,275within the sector's middle half▼ 14.9%
Total assets€81,029-€115,326within the sector's middle half▲ 42.3%€91,570within the sector's middle half▼ 20.6%€57,344below the sector's middle half▼ 37.4%€84,595within the sector's middle half▲ 47.5%€78,932within the sector's middle half▼ 6.7%€290,615within the sector's middle half▲ 268%
Debt€69,524-€96,098▲ 38.2%€64,765▼ 32.6%€30,326▼ 53.2%€55,272▲ 82.3%€48,051▼ 13.1%€264,340▲ 450%
Working capital-€2,713-€946below the sector's middle half€16,106within the sector's middle half▲ 1,602%€19,054within the sector's middle half▲ 18.3%€25,127within the sector's middle half▲ 31.9%€28,704within the sector's middle half▲ 14.2%€2,137below the sector's middle half▼ 92.6%
Solvency14.2%-16.7%below the sector's middle half▲ 2.5pp29.3%within the sector's middle half▲ 12.6pp47.1%within the sector's middle half▲ 17.8pp34.7%within the sector's middle half▼ 12.5pp39.1%within the sector's middle half▲ 4.5pp9.0%below the sector's middle half▼ 30.1pp
Current ratio0.96-1.01below the sector's middle half▲ 0.051.25within the sector's middle half▲ 0.241.64within the sector's middle half▲ 0.391.46within the sector's middle half▼ 0.181.62within the sector's middle half▲ 0.161.02below the sector's middle half▼ 0.59
Return on assets (ROA)18.4%-16.2%above the sector's middle half▼ 2.2pp8.3%within the sector's middle half▼ 8.0pp0.4%below the sector's middle half▼ 7.9pp4.5%within the sector's middle half▲ 4.2pp14.8%within the sector's middle half▲ 10.3pp1.6%within the sector's middle half▼ 13.2pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €290,615
Fixed assets €185,838 ▲ 5,105%
Current assets €104,777 ▲ 39.0%
Equity and liabilities €290,615
Equity €26,275 ▼ 14.9%
Debt €264,340 ▲ 450%
Debt's share of the balance-sheet total rises from 60.9% to 91.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€49,216▲
2024 · €19,699
Cash flow
€41,015▲
2024 · €16,630
Debt to equity
10.06▲
2024 · 1.56
ROE
18.2%▼
2024 · 37.9%
Interest coverage
7.71▼
2024 · 15.30
Debt ≤ 1 year
€102,641▲
2024 · €46,658
Debt > 1 year
€161,653
Income taxes
€1,818▲
2024 · €1,781
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,375 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.2% went bankrupt
1.6% stopped otherwise
95.9% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,375 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€78,932€290,615▲
Fixed assets21/28€3,570€185,838▲
Tangible fixed assets22/27€3,570€185,838▲
Plant, machinery and equipment23-€183,783
Furniture and vehicles24€3,570€2,055▼
Current assets29/58€75,362€104,777▲
Amounts receivable within one year40/41€52,452€82,479▲
Trade receivables40€29,500€82,479▲
Other amounts receivable41€22,952€0▼
Cash at bank and in hand54/58€21,135€20,445▼
Deferred charges and accrued income490/1€1,776€1,852▲
Equity and liabilities
Total equity and liabilities10/49€78,932€290,615▲
Equity10/15€30,881€26,275▼
Contributions10/11€6,200€6,200=
Reserves13€24,681€20,075▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€24,681€20,075▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€48,051€264,340▲
Amounts payable after more than one year17-€161,653
Financial debts170/4-€161,653
Amounts payable within one year42/48€46,658€102,641▲
Current portion of amounts payable after more than one year42-€40,514
Trade debts44€16,697€6,860▼
Suppliers440/4€16,697€6,860▼
Taxes, remuneration and social security45€0€3,626▲
Taxes450/3€0€3,626▲
Other amounts payable47/48€29,961€51,641▲
Accrued charges and deferred income492/3€1,393€47▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,918€36,232▲
Other operating charges640/8€1,740€1,765▲
Gross operating margin9900€21,439€50,981▲
Operating profit (loss)9901€14,780€12,984▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€1,288€6,383▲
Recurring financial charges65€1,288€6,383▲
Profit (loss) for the period before taxes9903€13,493€6,601▼
Income taxes67/77€1,781€1,818▲
Profit (loss) for the period9904€11,711€4,782▼
Profit (loss) for the period to be appropriated9905€11,711€4,782▼
Appropriation of the result
Profit (loss) to be appropriated9906€11,711€4,782▼
Transfer from equity791/2€3,153€7,722▲
Transfer to equity691/2€4,711€3,116▼
To other reserves6921€4,711€3,116▼
Profit to be distributed694/7€10,153€9,388▼
Return on contributions (dividend)694€3,153€9,388▲
Directors or managers695€7,000€0▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,650€11,266€8,333€3,894€4,015€4,918€36,232▲ 637%
Other operating charges640/8---€2,750€1,205€1,740€1,765▲ 1.5%
Gross operating margin9900€31,420€35,393€22,905€6,917€11,333€21,439€50,981▲ 138%
Operating profit (loss)9901€16,522€22,494€11,873€273€6,114€14,780€12,984▼ 12.2%
Financial income75/76B------€0-
Recurring financial income75-€1----€0-
Financial charges65/66B---€36€842€1,288€6,383▲ 396%
Recurring financial charges65€503€827€1,457€36€842€1,288€6,383▲ 396%
Profit (loss) for the period before taxes9903€16,018€21,668€10,415€237€5,272€13,493€6,601▼ 51.1%
Income taxes67/77€1,086€2,946€2,839€23€1,435€1,781€1,818▲ 2.1%
Profit (loss) for the period9904€14,933€18,722€7,577€214€3,837€11,711€4,782▼ 59.2%
Profit (loss) for the period to be appropriated9905€14,933€18,722€7,577€214€3,837€11,711€4,782▼ 59.2%
Line2019202020212022202320242025Change
Assets
Total assets20/58€81,029€115,326€91,570€57,344€84,595€78,932€290,615▲ 268%
Fixed assets21/28€15,755€19,820€11,487€8,503€4,489€3,570€185,838▲ 5,105%
Tangible fixed assets22/27€15,755€19,820€11,487€8,503€4,489€3,570€185,838▲ 5,105%
Plant, machinery and equipment23------€183,783-
Furniture and vehicles24---€8,503€4,489€3,570€2,055▼ 42.4%
Current assets29/58€65,274€95,507€80,083€48,841€80,106€75,362€104,777▲ 39.0%
Amounts receivable within one year40/41€45,380€60,310€73,629€47,053€75,038€52,452€82,479▲ 57.2%
Trade receivables40---€29,614€58,963€29,500€82,479▲ 180%
Other amounts receivable41---€17,439€16,075€22,952€0▼ 100%
Cash at bank and in hand54/58€17,438€33,242€4,852€658€3,788€21,135€20,445▼ 3.3%
Deferred charges and accrued income490/1---€1,130€1,280€1,776€1,852▲ 4.3%
Equity and liabilities
Total equity and liabilities10/49€81,029€115,326€91,570€57,344€84,595€78,932€290,615▲ 268%
Equity10/15€11,505€19,228€26,804€27,018€29,323€30,881€26,275▼ 14.9%
Contributions10/11€6,200--€6,200€6,200€6,200€6,200=
Reserves13€5,305€13,028€20,604€20,818€23,123€24,681€20,075▼ 18.7%
Non-distributable reserves130/1---€1,860€1,860€0--
Reserves not available under the articles1311---€1,860€1,860€0--
Distributable reserves133---€18,958€21,263€24,681€20,075▼ 18.7%
Profit (loss) carried forward14€280----€0€0-
Amounts payable17/49€69,524€96,098€64,765€30,326€55,272€48,051€264,340▲ 450%
Amounts payable after more than one year17------€161,653-
Financial debts170/4------€161,653-
Amounts payable within one year42/48€67,986€94,560€63,976€29,787€54,979€46,658€102,641▲ 120%
Current portion of amounts payable after more than one year42------€40,514-
Trade debts44€19,809€35,809€17,331€22,754€35,630€16,697€6,860▼ 58.9%
Suppliers440/4---€22,754€35,630€16,697€6,860▼ 58.9%
Taxes, remuneration and social security45----€240€0€3,626-
Taxes450/3----€240€0€3,626-
Other amounts payable47/48---€7,033€19,109€29,961€51,641▲ 72.4%
Accrued charges and deferred income492/3---€539€293€1,393€47▼ 96.7%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€14,933€18,722€7,577€214€3,837€11,711€4,782▼ 59.2%
+ Depreciation and write-downs630€11,650€11,266€8,333€3,894€4,015€4,918€36,232▲ 637%
Operating cash flow (approximation)€26,583€29,988€15,909€4,108€7,852€16,630€41,015▲ 147%
Investment in fixed assets (approximation)--€15,330€0-€910€0-€4,000-€218,500▼ 5,363%
Change in cash-€15,804-€28,389-€4,194€3,130€17,347-€689-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 12 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 micro format 30-01-2026 2026-00022564
30-06-2024 micro format 27-01-2025 2025-00014373
30-06-2023 micro format 22-12-2023 2023-00537415
30-06-2022 micro format 23-12-2022 2022-20546948
30-06-2021 micro format 27-01-2022 2022-03100056
30-06-2020 micro format 22-12-2020 2020-76900433
30-06-2019 abbreviated format 24-12-2019 2019-77700066
30-06-2018 micro format 31-01-2019 2019-03800188
30-06-2017 micro format 12-01-2018 2018-01500445
30-06-2016 abbreviated format 27-12-2016 2016-71700228

Show all 12 filings

Similar companies · same sector, comparable size

Of the 19,838 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,198. 6,660 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.