FORWOOD

Active

Private limited companyfounded 20242 yrs activeLeuvensesteenweg 220, 3290 Diest, BelgiumKBO/BCE: BE 1010.285.781

Summary

The computed 12-month bankruptcy probability of FORWOOD is 2.2% (moderate). The 2025 annual accounts show equity of €55,233 and a net result of €47,288. Its solvency ranks better than 80% of 28806 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

FORWOODActiveChecked score 82/100

Risk analysis Report Compare

What they do

Joinery installation

NACE 43320

1 site

How big

€73,684total assets 2025

Equity: €55,233
Profit: €47,288

Turnover not published (abridged schema)

Financially healthy?

82 Excellent Checked score 2025

Bankruptcy chance 12 m: 2.2%

Who decides

Accounts filed 31 d late0 of 2 deeds read

Why 82- Young company- Higher-failure-rate sector+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence

Checked score

Score 2025

82 / 100

Excellent

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+15

Solvency100▲+50

Growth78

Track record82

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €4,500 at 30 days acceptable

Liquidity ample (current ratio 3.99 against 1.34 in 2024; short-term debt: 25% and cash: 70.4% of total assets), and 25% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

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

Specialised construction activities (NACE 43)

about 85% more bankruptcies

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

75%

Return on assets

64.2%

Age of the figures

9 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 2 filings

Deviation from the deadline

2025

31 d late

2024

18 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 25 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)

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 months

Position in the running window

01-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

31-08-26 Annual accounts filedfiscal year 2025 · micro…
31-12-25 Liquidity triplescurrent ratio 3.99
18-08-25 Annual accounts filedfiscal year 2024 · micro…

Key points

Positive: Among the best 15% on net resultsector median €9,926 · 28,797 companies €47,288 View
Total assets 20252 fiscal years filed €73,684 View
Active since 2024founded 12-06-2024 2 years View