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Houtbouw MG

Active
Public limited companyfounded 1997active for 28 yearsNeerstraat(Ned) 37, 9636 Zwalm, BelgiumKBO/BCE: BE 0461.845.407
Summary

Houtbouw MG has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €251,493 and a net result of €3,725. Equity has been stable since 2018 (±0.1% per year). Its solvency ranks better than 39% of 173 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

Source: KBO
Status
Active since 18-11-1997 Normal situation
Activity
Manufacture of other builders' carpentry and joinery NACE 16230and 2 others
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.084.799.224 9636 Zwalm, since 29-12-1997
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
and 1 other

Financial position

66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€562,227
▼ 10.4%
Turnover
≈ €1.3m
estimated
Profit
€3,725
▼ 58.8%
Equity
€251,493
▼ 24.1%
Total assets
€624,138
▼ 17.9%
Employees on 31-12-2025
9
=
  • 2025 accounts filed 30 days after the deadline
Score breakdownraises riskSize: 7.1 FTE, total assets €624,138Liquidity: current ratio 1.38, cash €8,909, halvedLast filed accounts filed 30 days late; 1 of the last 3 accounts latelowers riskFounded in 1997Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 30% of micro companies in wood and cork (NACE 16)
Financial strength · tick: 2024
Average
Solvency 65-4
equity 40.3% of total assets
Liquidity 27-2
short-term debt 49.6% · cash 1.4%
Profitability 69-1
return on assets 0.6%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,032 companies, NACE 16, micro)
Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 0.9%▼ -0.1 percentage points vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.2 percentage points vs 06-2025 08-2025: 1.6%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 0.8%▼ -0.8 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.7%▼ -0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026lowest value 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.6 percentage points vs 07-2026 09-2026: 0.9%▼ -0.4 percentage points vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026 11-2026: 0.9%● unchanged vs 10-2026
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.38 (1.45 in 2024), below the usual 1.5. Short-term debt is 49.6% and cash 1.4% of total assets. 59.7% of the assets are financed with debt and provisions.
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 16, micro). It does better than 48% of them on solvency, 17% on liquidity, 41% on profitability and 15% on growth.

The bankruptcy probability was computed on 02-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: 7.1 FTE, total assets €624,138
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.38, cash €8,909, halved
NBB · annual accounts
raises risk · Last filed accounts filed 30 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 10 filings
Deviation from the deadline
2025
30 days late
2024
28 days late
2023
31 days late
2022
30 days late
2021
31 days late
2020
30 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 39 days after the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · 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 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 84% of companies in wood and corksector median €1.3m · 173 companies €251,493 View
  • Positive: 7 profitable years in a rowprofit 2025: €3,725 7 years View

Recent changes

  1. · Gazette deed Appointments: Marcel Goessens, Rita Eeckhout and 2 others
  2. · Gazette deed Appointments: Marcel Goessens, Eeckhout Rita and 2 others
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as Houtbouw MG: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €420,000 and €1.1m, founded between 1990 and 2009.

CompanyTotal assetsGross margin
Houtbouw MG Zwalm€0.6m€0.6m
DEZWARTE INTERIEUR Diksmuide€0.4m€0.6m
ML CONCEPT Aubange€0.9m€0.5m
DE LOMBAERT GUY Geraardsbergen€1.1m€0.5m
HET TRAPPENHUIS Waasmunster€0.6m€0.4m
Trappen Van Hoo Deinze€0.6m€0.4m
MERCKX LUC Halle€0.5m€0.4m
Full comparison

Key facts about Houtbouw MG

What is the company number of Houtbouw MG?
The company number of Houtbouw MG is 0461.845.407. The VAT number is the same number with BE in front: BE 0461.845.407.
Where is Houtbouw MG based?
The registered office is at Neerstraat(Ned) 37, 9636 Zwalm.Company details
What does Houtbouw MG do?
According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
What is the legal form of Houtbouw MG?
The legal form of Houtbouw MG is Public limited company (NV).
When was Houtbouw MG founded?
Houtbouw MG was founded on 18-11-1997.
Is Houtbouw MG still active?
Yes, Houtbouw MG is an active enterprise in the KBO register.
How many employees does Houtbouw MG have?
Houtbouw MG had an average of 7.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Houtbouw MG fall under?
In its 2025 annual accounts, Houtbouw MG states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Houtbouw MG?
The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €562,227 and 2,283 comparable companies of the same size. It probably lies between €800,000 and €2.3m. It is a rough estimate.
Is Houtbouw MG profitable?
In financial year 2025, Houtbouw MG made a profit of €3,725.
Where can I find the annual accounts of Houtbouw MG?
Houtbouw MG filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Houtbouw MG due?
Houtbouw MG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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