Equity
BK Wood has made a profit in every financial year since 2019.
BK Wood has made a profit in every financial year since 2019.
The accounts state no turnover.
€5.2m of the debts are secured on the company's own assets. In 2024 that was €5.3m.
The last five annual accounts were filed 8 to 20 days before the end of the period.
2 restructurings since 2024. Latest: merger with EDENWOOD.
Lower solvency than 83% of companies in head offices and management consultancy. Sector median 53.3% · 3,873 companies.
The dashed line is the sector median: 0.1% across 803 companies (NACE 70, medium-sized).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, medium-sized). It does better than 13% of them on solvency, 33% on liquidity, 80% on profitability and 88% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 684 companies had the same profile as BK Wood has now. Each dot stands for 2 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BK Wood itself: 0.2% within 12 months.
The method was tested on the 497,447 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.
| 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 684 companies, not a prediction for BK Wood. 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.
Liquidity is insufficient, with a current ratio of 0.28 (0.29 in 2024), below 1. Short-term debt is 15.7% and cash 0.1% of total assets. 86.8% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BK Wood Antwerp | €13.5m | €0.9m | 13.2% | - |
| SPOTTS Aalst | €14.7m | €1.0m | 37.7% | 0 |
| LOISELET IMMO Tubize | €14.9m | €0.8m | 18.7% | - |
| GROUPE MECA Ottignies-Louvain-la-Neuve | €11.9m | €1.1m | 70.6% | 4.3 |
| FRAMBOOS Hove | €9.4m | €1.0m | 32.7% | - |
| SHOW FOUNTAIN Oudenaarde | €16.1m | €1.1m | 31.3% | 1.4 |
| LDBG Woluwe-Saint-Pierre | €12.6m | €1.0m | 13.7% | - |
These companies have the same main activity as BK Wood: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €9.4m and €16m, founded between 2017 and 2020.
BK Wood has existed since 2018. The present size dates from 2024. The gross margin rose that year from €27,165 to €915,293.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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