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HOMEWOOD CONCEPT

Active
Private limited companyfounded 2023active for 3 yearsRue du Bois 7, 4260 Braives, BelgiumKBO/BCE: BE 1000.470.965
Summary

The computed 12-month bankruptcy probability of HOMEWOOD CONCEPT is 4.1% (elevated). The 2024 annual accounts show equity of €13,637 and a net result of €8,637. Its solvency ranks better than 13% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

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HOMEWOOD CONCEPTActiveChecked score 47/100
Risk analysis ReportCompare

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€172,179total assets 2024
Equity
€13,637
Profit
€8,637
Turnover not published (micro format)
Financial health
47 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.1%
Structure
2024 accounts filed 29 days late1 deed in the Belgian Official Gazette
Why 47raises riskFigures for financial year 2024 (filed 09-09-2025)Founded in 20231 financial year not filed after the legal deadline; last filed accounts filed 29 days latelowers riskSize: total assets €172,179Show the evidence

Checked score

Score 2024
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 27% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength
Average
Solvency 33
equity 7.9% of total assets
Liquidity 47
short-term debt 38.4% · cash 11.5%
Profitability 62
return on assets 5.0%
Bankruptcy probability, 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,621 companies, NACE 43, micro)
Last 24 months 11-2024: 1.9%lowest value 12-2024: 1.9%● unchanged vs 11-2024 01-2025: 2.3%▲ +0.4 percentage points vs 12-2024 02-2025: 2.4%▲ +0.1 percentage points vs 01-2025 03-2025: 2.7%▲ +0.3 percentage points vs 02-2025 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 3.0%▲ +0.3 percentage points vs 04-2025 06-2025: 3.0%● unchanged vs 05-2025 07-2025: 2.9%▼ -0.1 percentage points vs 06-2025 08-2025: 2.9%● unchanged vs 07-2025 09-2025: 3.3%▲ +0.4 percentage points vs 08-2025 10-2025: 2.5%▼ -0.8 percentage points vs 09-2025 11-2025: 2.5%● unchanged vs 10-2025 12-2025: 2.5%● unchanged vs 11-2025 01-2026: 2.4%▼ -0.1 percentage points vs 12-2025 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.4%● unchanged vs 02-2026 04-2026: 2.5%▲ +0.1 percentage points vs 03-2026 05-2026: 2.5%● unchanged vs 04-2026 06-2026: 2.2%▼ -0.3 percentage points vs 05-2026 07-2026: 2.3%▲ +0.1 percentage points vs 06-2026 08-2026: 2.8%▲ +0.5 percentage points vs 07-2026 09-2026: 3.0%▲ +0.2 percentage points vs 08-2026 10-2026: 4.1%▲ +1.1 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity insufficient (current ratio 0.59, below 1; short-term debt: 38.4% and cash: 11.5% of total assets), and 92.1% 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 13% on solvency, 38% on liquidity and 30% on profitability.

The bankruptcy probability was computed on 24-10-2026 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
raises risk · Figures for financial year 2024 (filed 09-09-2025)
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 29 days late
NBB · filings
lowers risk · Size: total assets €172,179
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 35976 sector peers (2024).
NBB · sector comparison
Position among 35976 sector peers
Solvency
better than 13%
← weakest strongest →
raises risk · 2024 accounts filed 29 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 1 filing
Deviation from the deadline
2024
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 29 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 (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Among the weakest 13% on solvencysector median 46.6% · 35,976 companies 7.9% View
  • Total assets 2024first financial year filed €172,179 View
  • Active since 2023founded 28-09-2023 3 years View

By topic

Financials

Financial year
2024
Total assets
€172,179
Profit
€8,637
Solvency
7.9%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
28-09-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about HOMEWOOD CONCEPT

What is the company number of HOMEWOOD CONCEPT?
1000.470.965. In Belgium the VAT number is the company number with BE in front: BE 1000.470.965.
Where is HOMEWOOD CONCEPT based?
The registered office is at Rue du Bois 7, 4260 Braives.Company details
What does HOMEWOOD CONCEPT do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of HOMEWOOD CONCEPT?
Private limited company (BV).
When was HOMEWOOD CONCEPT founded?
On 28-09-2023.
Is HOMEWOOD CONCEPT still active?
Yes, HOMEWOOD CONCEPT is an active enterprise in the KBO register.
What is the turnover of HOMEWOOD CONCEPT?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is HOMEWOOD CONCEPT profitable?
In financial year 2024, HOMEWOOD CONCEPT made a profit of €8,637.
Where can I find the annual accounts of HOMEWOOD CONCEPT?
HOMEWOOD CONCEPT filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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