G-Wood

Active

Private limited companyfounded 2007active for 18 yearsOnderwijsstraat 12, 8430 Middelkerke, BelgiumKBO/BCE: BE 0894.322.281

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 is shrinking by about 45% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 21% of 34,747 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Risk analysisFollow Report Compare

G-WoodActiveChecked score 65/100

Risk analysis Report Compare

Activity

Joinery installation

NACE 43320

1 site

Size

≈ €120,000turnover 2025, estimated

Equity: €8,723
Profit: €2,316

Turnover estimated from the gross margin

Financial health

65 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.2%

Structure

2025 accounts filed 45 days late1 of 5 deeds summarised

Why 65raises risk1 change of registered office in 24 monthsLast filed accounts filed 45 days late; 1 of the last 3 latelowers riskFounded in 2007Liquidity: current ratio 0.96, cash €10,054Show the evidence

Checked score

Score 2025

65 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 43% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 44+9

equity 19.4% of total assets

Liquidity 34+22

short-term debt 80.6% · cash 22.3%

Profitability 75+25

return on assets 5.1%

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,658 companies, NACE 43, micro)

Last 24 months 11-2024: 0.7%lowest value 12-2024: 1.4%▲ +0.7 percentage points vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.6%▲ +0.2 percentage points vs 03-2025 05-2025: 1.8%▲ +0.2 percentage points vs 04-2025 06-2025: 1.8%● unchanged vs 05-2025 07-2025: 1.9%▲ +0.1 percentage points vs 06-2025 08-2025: 2.8%▲ +0.9 percentage points vs 07-2025 09-2025: 2.2%▼ -0.6 percentage points vs 08-2025 10-2025: 2.2%● unchanged vs 09-2025 11-2025: 2.2%● unchanged vs 10-2025 12-2025: 2.2%● unchanged vs 11-2025 01-2026: 2.2%● unchanged vs 12-2025 02-2026: 2.2%● unchanged vs 01-2026 03-2026: 2.2%● unchanged vs 02-2026 04-2026: 2.3%▲ +0.1 percentage points vs 03-2026 05-2026: 2.5%▲ +0.2 percentage points vs 04-2026 06-2026: 2.4%▼ -0.1 percentage points vs 05-2026 07-2026: 2.5%▲ +0.1 percentage points vs 06-2026 08-2026: 3.3%▲ +0.8 percentage points vs 07-2026 09-2026: 3.7%▲ +0.4 percentage points vs 08-2026highest value 10-2026: 1.2%▼ -2.5 percentage points vs 09-2026

Credit of up to €500 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.96, compared with 0.52 in 2024, below 1; short-term debt: 80.6% and cash: 22.3% of total assets), and 80.6% 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 43, micro): better than 21% on solvency, 22% on liquidity, 49% on profitability and 78% on growth.

The bankruptcy probability was computed on 28-10-2026 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 risk

1 change of registered office in 24 months

Belgian Official Gazette

Last filed accounts filed 45 days late; 1 of the last 3 late

NBB · filings

Founded in 2007

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 0.96, cash €10,054

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 34747 sector peers (2025).

NBB · sector comparison

Position among 34747 sector peers

Solvency

better than 21%

← weakest strongest →

2025 accounts filed 45 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 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 · 4 filings

Deviation from the deadline

2025

45 days late

2024

29 days late

2023

9 days late

2022

17 days late

← before the deadline after the deadline →

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

This company filed its last 4 accounts on average 25 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (4 of the last 4 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

14-09-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Back to profitnet €2,316
29-08-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Caution: Among the weakest 16% on equitysector median €57,780 · 34,759 companies €8,723 View
Total assets 20254 financial years filed €45,046 View
Active since 2007founded 19-12-2007 18 years View

By topic

Financials

Financial year: 2025
Total assets: €45,046
Profit: €2,316
Solvency: 19.4%

Total assets▼ 27.5%

Net result

20222025

Go to Financials

Timeline

Events: 7
Since: 2023
Next accounts: by 31-07-2027

31-12-2024Weakest financial year
22-11-2024Registered office
09-08-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Joinery installationNACE 43320
Founded: 19-12-2007
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about G-Wood

What is the company number of G-Wood?: 0894.322.281. In Belgium the VAT number is the company 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?: Private limited company (BV).
When was G-Wood 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?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.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.
When are the next annual accounts of G-Wood due?: By 31-07-2027, for financial year 2026.Timeline