G-Wood
ActiveFrom the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
G-Wood has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,723 and a net result of €2,316. Equity has been shrinking by about 45% per year since 2022. If that trend continues, it turns negative around financial year 2026. Its solvency ranks better than 21% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Official details
KBO- Status
- Active since 19-12-2007 Normal situation
- Legal form
- Private limited company
- Registered office
- Onderwijsstraat 12, 8430 Middelkerke
- Activity
- Joinery installation NACE 43320
- Establishment unit
- 2.168.790.336 8430 Middelkerke, since 01-10-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.2%
- Gross margin
- €10,851
- ▼ 75.1%
- Turnover
- ≈ €110,000
- estimated
- Profit
- €2,316
- Equity
- €8,723
- ▲ 36.1%
- Total assets
- €45,046
- ▼ 27.5%
Score breakdownraises risk1 change of registered office in 24 monthsLast filed accounts filed 45 days late; 1 of the last 3 accounts latelowers riskFounded in 2007Liquidity: current ratio 0.96, cash €10,054Show the evidence
Checked score
About 1 in 100 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 21% of them on solvency, 22% on liquidity, 49% on profitability and 78% 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 4 accounts on average 25 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 (2)
Key points
- Caution: Less equity than 84% of companies in specialised constructionsector median €57,811 · 34,914 companies €8,723 View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 14-09-2026
- Annual accounts 2024filed on 29-08-2025
- Annual accounts 2023filed on 09-08-2024
- Annual accounts 2022filed on 17-08-2023
Acts in the Belgian Official Gazette
- Registered officeact of 22-11-2024
- Registered office · Purpose · Amendment of the articles · Legal-form change · Name · Resignations & appointmentsact of 30-06-2022
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0894.322.281
Key facts about G-Wood
- What is the company number of G-Wood?
- The company number of G-Wood is 0894.322.281. The VAT number is the same number with BE in front: BE 0894.322.281.
- Where is G-Wood based?
- The registered office is at Onderwijsstraat 12, 8430 Middelkerke.Company details
- What does G-Wood do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of G-Wood?
- The legal form of G-Wood is Private limited company (BV).
- When was G-Wood founded?
- G-Wood was founded on 19-12-2007.
- Is G-Wood still active?
- Yes, G-Wood is an active enterprise in the KBO register.
- What is the turnover of G-Wood?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €10,851 and 56 comparable companies (NACE 43320). It probably lies between €67,000 and €210,000. It is a rough estimate.Financials
- Is G-Wood profitable?
- In financial year 2025, G-Wood made a profit of €2,316.
- Where can I find the annual accounts of G-Wood?
- G-Wood filed 4 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 G-Wood due?
- G-Wood must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Comparable companies
These companies have the same main activity as G-Wood: joinery installation (NACE 43320). They are comparable in size and age: total assets between €41,700 and €50,800, founded between 2006 and 2010.
| Company | Total assets | Gross margin |
|---|---|---|
| G-Wood Middelkerke | €45,046 | €10,851 |
| HOUTBEWERKING DEVOS Waregem | €50,754 | €9,168 |
| VLIEBERGH Wingene | €42,470 | €13,220 |
| TOTALLY WOULD Oostende | €49,059 | €11,735 |
| ROMAN GROUP Asse | €45,397 | €11,121 |
| ALGEMENE BINNENSCHRIJNWERKERIJ INTERNI Lanaken | €41,731 | €12,153 |
| DOBBELAERE LIEVEN Deinze | €47,248 | €10,072 |
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