DECOWOODS
ActiveFrom the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette
The file of DECOWOODS contains 2 judicial reorganisation notices and 1 administrative flag, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is at least 25% (high). The 2025 annual accounts show negative equity (-€8,109) and a net result of €16,230. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 8% of 34,902 sector peers (NACE 43, financial year 2025).
Overview
Official details
KBO- Status
- Active since 26-05-2020 Normal situation
- Registered office
- 237 active companies are registered at this address 17 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- Joinery installation NACE 43320and 2 others
- Establishment unit
- 2.302.632.916 2018 Antwerpen, since 26-05-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- ≥ 25%
- Gross margin
- €21,682
- ▼ 62.3%
- Turnover
- ≈ €220,000
- estimated
- Profit
- €16,230
- ▼ 65.0%
- Equity
- -€8,109
- ▲ 66.7%
- Total assets
- €96,267
- ▼ 14.9%
Score breakdownraises riskReorganisation plan being carried out (approved, Gazette 03-01-2024)Last filed accounts filed 75 days late; 3 of the last 3 accounts lateEx-officio strike-off in the KBOLiquidity: current ratio 0.85, cash €3, halvedShow the evidence
Checked score
About 1 in 2 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 43, micro). It does better than 7% of them on solvency, 1% on liquidity, 76% on profitability and 87% on growth.
The bankruptcy probability was computed on 31-10-2026 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).
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Signals
The company filed its last 5 accounts on average 86 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Key points
Comparable companies
These companies have the same main activity as DECOWOODS: joinery installation (NACE 43320). They are comparable in size and age: total assets between €84,600 and €99,000, founded between 2019 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| DECOWOODS Antwerpen | €96,267 | €21,682 |
| Carpentarius Wuustwezel | €94,299 | €23,996 |
| VeHu Essen | €94,966 | €24,186 |
| Maracht Vorselaar | €94,818 | €18,262 |
| Schrijnwerk Kurt Heynickx Bocholt | €94,919 | €22,456 |
| Atel Maintenance Zaventem | €98,998 | €19,477 |
| PARMENTIER & PEANUTS CONCEPT Amay | €84,634 | €20,527 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 14-10-2026
- Annual accounts 2024filed on 31-12-2025
- Annual accounts 2023filed on 27-12-2024
- Annual accounts 2022filed on 24-08-2023
Acts in the Belgian Official Gazette
- Registered officeact of 06-05-2026
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0747.611.464
Key facts about DECOWOODS
- What is the company number of DECOWOODS?
- The company number of DECOWOODS is 0747.611.464. The VAT number is the same number with BE in front: BE 0747.611.464.
- Where is DECOWOODS based?
- The registered office is at Brusselstraat 51, 2018 Antwerpen.Company details
- What does DECOWOODS do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of DECOWOODS?
- The legal form of DECOWOODS is Private limited company (BV).
- When was DECOWOODS founded?
- DECOWOODS was founded on 26-05-2020.
- Is DECOWOODS still active?
- Yes, DECOWOODS is an active enterprise in the KBO register.
- How many employees does DECOWOODS have?
- DECOWOODS had an average of 2 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of DECOWOODS?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €21,682 and 56 comparable companies (NACE 43320). It probably lies between €130,000 and €430,000. It is a rough estimate.
- Is DECOWOODS profitable?
- In financial year 2025, DECOWOODS made a profit of €16,230.
- Where can I find the annual accounts of DECOWOODS?
- DECOWOODS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of DECOWOODS due?
- DECOWOODS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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