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EASY WORD

Active
Private limited companyfounded 2021active for 4 yearsChaussée de Courcelles 303, 6041 Charleroi, BelgiumKBO/BCE: BE 0776.524.689
Summary

The computed 12-month bankruptcy probability of EASY WORD is 3.6% (moderate). The 2024 annual accounts show equity of €74,117 and a net result of €15,813. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 25% of 702 sector peers (NACE 16, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
NACE 16240Agents in the wholesale of timber and building materials NACE 46130
1 site
Size
€490,333total assets 2024
Equity
€74,117
Profit
€15,813
Turnover not published (micro format)
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.6%
Structure
Accounts 79 days overdue2 of 3 deeds read
Why 49raises risk1 financial year not filed after the legal deadline; latest accounts 70 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 10-10-2025)Founded in 2021lowers riskSize: total assets €490,333Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 40% of its sector peers (NACE 16, micro)
Financial strength · tick = 2023
Weak
Solvency 40-22
equity 15.1% of total assets
Liquidity 13-13
short-term debt 84.9% · cash 8.0%
Profitability 73+2
return on assets 3.2%
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,030 companies, NACE 16, micro)
Last 24 months 11-2024: 2.7% 12-2024: 2.7%● unchanged vs 11-2024 01-2025: 2.7%● unchanged vs 12-2024 02-2025: 2.7%● unchanged vs 01-2025 03-2025: 2.7%● unchanged vs 02-2025 04-2025: 2.8%▲ +0.1 percentage points vs 03-2025 05-2025: 2.8%● unchanged vs 04-2025 06-2025: 2.8%● unchanged vs 05-2025 07-2025: 2.5%▼ -0.3 percentage points vs 06-2025 08-2025: 3.3%▲ +0.8 percentage points vs 07-2025 09-2025: 3.4%▲ +0.1 percentage points vs 08-2025 10-2025: 4.3%▲ +0.9 percentage points vs 09-2025highest value 11-2025: 1.9%▼ -2.4 percentage points vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025lowest value 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 2.1%▲ +0.2 percentage points vs 04-2026 06-2026: 2.1%● unchanged vs 05-2026 07-2026: 2.1%● unchanged vs 06-2026 08-2026: 2.6%▲ +0.5 percentage points vs 07-2026 09-2026: 2.7%▲ +0.1 percentage points vs 08-2026 10-2026: 3.6%▲ +0.9 percentage points vs 09-2026
Credit of up to €3,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.11, compared with 1.35 in 2023, below the usual 1.5; short-term debt: 84.9% and cash: 8% of total assets), and 84.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 16, micro): better than 23% on solvency, 9% on liquidity, 50% on profitability and 77% on growth.

The bankruptcy probability was computed on 17-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 70 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 10-10-2025)
NBB · annual accounts
lowers risk · Size: total assets €490,333
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 79 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline18-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
70 days late
2023
29 days late
2022
110 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 70 days after the deadline; the sector median (NACE 16) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: RIQUIER Michel (director)Gazette deed
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Resignation: CHAOUI MOHAMED (director)Share transfer · Director discharge…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 79 days late View
  • One director decidessole director in office 1 View
  • Total assets 20243 financial years filed €490,333 View

By topic

Financials

Financial year
2024
Total assets
€490,333
Profit
€15,813
Solvency
15.1%
Total assets▲ 209%
Net result
20222024
Go to Financials

Timeline

Events
6
Since
2023
  1. 29-08-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 18-11-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of wood and of products of wood…NACE 16240
Founded
26-10-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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