In2wood
ActiveThe computed 12-month bankruptcy probability of In2wood is 2.2% (moderate). The annual accounts of In2wood for fiscal year 2025 show a net loss of 54% of the equity at the start of that year. The 2025 annual accounts show equity of €17k and a net result of €-20k. Equity is shrinking by ~22% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 43% of 18120 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-42
Solvency50▼-18
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 1.0 against 1.34 in 2024; short-term debt: 74.6% and cash: 0.5% of total assets), and 74.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.4%
Return on assets
-29.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year €-20k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 6 filingsDeviation from the deadline
2025
21 d late
2024
28 d late
2023
60 d late
2022
31 d late
2021
30 d late
2020
29 d late
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k▼ 53.9%
2024 · €37k
2020: €58k
2021: €69k
2022: €59k
2023: €39k
2024: €37k
2020 → 2025
Total assets
€67k▼ 21.5%
2024 · €86k
2020: €126k
2021: €125k
2022: €113k
2023: €91k
2024: €86k
2020 → 2025
Net result
€-20k▼ 862%
2024 · €-2k
2020: €-6k
2021: €5k
2022: €-10k
2023: €-20k
2024: €-2k
2020 → 2025
Working capital
€-75
2024 · €16k
2020: €14k
2021: €31k
2022: €34k
2023: €15k
2024: €16k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€69k-€59k▼ 15.0%€39k▼ 33.2%€37k▼ 5.3%€17k▼ 53.9%
Operating result€6k-€-10k€-19k▼ 85.2%€-2k▲ 90.7%€-20k▼ 1,023%
Net result€5k-€-10k€-20k▼ 87.9%€-2k▲ 89.3%€-20k▼ 862%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20k in 2025 against €2k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67k
Fixed assets
€17k▼ 16.9%
Current assets
€50k▼ 22.9%
Equity and liabilities €67k
Equity
€17k▼ 53.9%
Debt
€50k▲ 3.3%
The debt ratio rises from 56.7% to 74.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-16k▼
2024 · €2k
Cash flow
€-17k▼
2024 · €1k
Solvency
25.4%▼
2024 · 43.3%
Current ratio
1.00▼
2024 · 1.34
Quick ratio
0.10▼
2024 · 0.10
Debt / equity
2.93▲
2024 · 1.31
ROE
-116.9%▼
2024 · -5.6%
ROA
-29.7%▼
2024 · -2.4%
Interest coverage
-54.58▼
2024 · 3.20
Debt
€50k▲
2024 · €49k
Debt ≤ 1 year
€50k▲
2024 · €49k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€86k€67k▼
Fixed assets21/28€21k€17k▼
Intangible fixed assets21€21k€17k▼
Current assets29/58€65k€50k▼
Stocks and contracts in progress3€60k€45k▼
Stocks30/36€60k€45k▼
Amounts receivable within one year40/41€5k€5k▲
Other amounts receivable41€5k€5k▲
Cash at bank and in hand54/58€523€354▼
Equity and liabilities
Total equity and liabilities10/49€86k€67k▼
Equity10/15€37k€17k▼
Contributions10/11€70k€70k=
Profit (loss) carried forward14€-33k€-53k▼
Amounts payable17/49€49k€50k▲
Amounts payable within one year42/48€49k€50k▲
Trade debts44-€378
Suppliers440/4-€378
Taxes, remuneration and social security45€359€96▼
Taxes450/3€359€96▼
Other amounts payable47/48€48k€50k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€15k
Other operating charges640/8€141€144▲
Gross operating margin9900€2k€-1k▼
Operating profit (loss)9901€-2k€-20k▼
Financial income75/76B€235€255▲
Recurring financial income75€235€255▲
Financial charges65/66B€537€302▼
Recurring financial charges65€537€302▼
Profit (loss) for the period before taxes9903€-2k€-20k▼
Profit (loss) for the period9904€-2k€-20k▼
Profit (loss) for the period to be appropriated9905€-2k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-53k▼
Profit (loss) brought forward from the previous period14P€-31k€-33k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Erpe-Mere · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dorpsstraat 1489420 Erpe-MereGround area
327 m²
Building footprint
209 m²
Volume, LiDAR
1,938 m³
Parcel 41016C0259/00G000, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
In2wood
since 20202.307.390.369
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41016C0259/00G000 | Flanders | 327 m² | 1 · 209 m² | 12.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 4,801 EUR awarded · 4,801 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 4,801 EUR | 4,801 EUR |
Schemes
Subsidies voor internationaal ondernemen
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Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 861 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-2020
Fiscal year end31-12
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
16230Manufacture of other builders' carpentry and joinery
31002Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
31009Manufacture of furniture
31092Manufacture of furniture
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.in2wood.be
E-mail:info@in2wood.be