FG Wood
ActiveThe computed 12-month bankruptcy probability of FG Wood is 3.4% (moderate). The 2025 annual accounts show equity of €15k and a net result of €-5k. Equity is growing by ~30% per year across the filed fiscal years. Its solvency ranks better than 47% of 27451 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▼-41
Solvency70▼-17
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.09 in 2024; short-term debt: 55.3% and cash: 22.2% of total assets), and 55.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.7%
Return on assets
-15%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-05-2026, 71 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
71 d early
2024
44 d early
2023
50 d late
2022
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▼ 25.1%
2024 · €20k
2022: €6k
2023: €15k
2024: €20k
2022 → 2025
Total assets
€34k▲ 3.7%
2024 · €33k
2022: €41k
2023: €46k
2024: €33k
2022 → 2025
Net result
€-5k
2024 · €6k
2022: €3k
2023: €9k
2024: €6k
2022 → 2025
Working capital
€5k▲ 310%
2024 · €1k
2022: €-13k
2023: €-14k
2024: €1k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€6k-€15k▲ 158%€20k▲ 39.4%€15k▼ 25.1%
Operating result€4k-€11k▲ 162%€7k▼ 32.6%€-5k
Net result€3k-€9k▲ 234%€6k▼ 35.6%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €7k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€11k▼ 44.6%
Current assets
€24k▲ 71.7%
Equity and liabilities €34k
Equity
€15k▼ 25.1%
Debt
€19k▲ 50.4%
The debt ratio rises from 38.1% to 55.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4k▼
2024 · €17k
Cash flow
€4k▼
2024 · €15k
Solvency
44.7%▼
2024 · 61.9%
Current ratio
1.24▲
2024 · 1.09
Quick ratio
1.24▲
2024 · 1.09
Debt / equity
1.24▲
2024 · 0.62
ROE
-33.5%▼
2024 · 28.3%
ROA
-15.0%▼
2024 · 17.5%
Interest coverage
69.79▼
2024 · 272.70
Debt
€19k▲
2024 · €13k
Debt ≤ 1 year
€19k▲
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€33k€34k▲
Fixed assets21/28€19k€11k▼
Intangible fixed assets21€3k€3k▼
Tangible fixed assets22/27€16k€8k▼
Plant, machinery and equipment23€11k€8k▼
Furniture and vehicles24€5k€409▼
Current assets29/58€14k€24k▲
Amounts receivable within one year40/41€9k€16k▲
Trade receivables40€6k€12k▲
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€5k€8k▲
Deferred charges and accrued income490/1€5€75▲
Equity and liabilities
Total equity and liabilities10/49€33k€34k▲
Equity10/15€20k€15k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€17k€12k▼
Amounts payable17/49€13k€19k▲
Amounts payable within one year42/48€13k€19k▲
Trade debts44€13k€19k▲
Suppliers440/4€13k€19k▲
Taxes, remuneration and social security45€68€68=
Taxes450/3€68€68=
Other amounts payable47/48€0-
Income statement
Code20242025
Non-recurring operating income76A€52-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€834€172▼
Gross operating margin9900€18k€4k▼
Operating profit (loss)9901€7k€-5k▼
Financial income75/76B€49€82▲
Recurring financial income75€49€82▲
Financial charges65/66B€62€54▼
Recurring financial charges65€62€54▼
Profit (loss) for the period before taxes9903€7k€-5k▼
Income taxes67/77€1k-
Profit (loss) for the period9904€6k€-5k▼
Profit (loss) for the period to be appropriated9905€6k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€12k▼
Profit (loss) brought forward from the previous period14P€12k€17k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-5k ▼189%
Net result drops to €-5k, the lowest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
31-12
Financial
Highest result since 2022net €9k ▲234%
Operating result €11k, net result €9k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Rochefort · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Devant Sauvenière 115580 RochefortGround area
2,239 m²
Building footprint
267 m²
Parcel 91114A0811/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
FG Wood
since 20222.337.245.187
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91114A0811/00M000 | Wallonia | 2,239 m² | 1 · 267 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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RVH Wood
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Hasselt · Eq €15k
Of 20,031 companies in sector 43320 we hold annual accounts for 9,133. 5,578 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-10-2022
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
31009Manufacture of furniture
43332Laying of wooden floor and wall coverings
43343Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:floriangiaux@gmail.com
Phone:+32476808916