INTERWOOD PRODUCT
ActiveINTERWOOD PRODUCT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.68M and a net result of €128k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 65% of 541 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+20
Solvency83▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity short (current ratio 0.99 against 0.87 in 2024; short-term debt: 37.3% and cash: 3.3% of total assets), and 42.3% 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.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.7%
Return on assets
2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
28 d late
2023
30 d early
2022
98 d late
2021
39 d early
2020
110 d late
2019
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
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€128k▼ 10.8%
2024 · €144k
2018: €-47k
2019: €14k
2020: €4k
2021: €30k
2022: €1.01M
2023: €254k
2024: €144k
2018 → 2025
Working capital
€-27k▲ 91.4%
2024 · €-320k
2018: €-2.50M
2019: €-3.88M
2020: €-3.44M
2021: €-3.39M
2022: €-1.17M
2023: €-696k
2024: €-320k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.92M-€3.01M▲ 56.9%€3.27M▲ 8.4%€3.56M▲ 8.8%€3.68M▲ 3.6%
Operating result€135k-€1.47M▲ 986%€467k▼ 68.2%€200k▼ 57.3%€351k▲ 75.6%
Net result€30k-€1.01M▲ 3,237%€254k▼ 74.9%€144k▼ 43.3%€128k▼ 10.8%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 76% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.38M
Fixed assets
€4.03M▼ 4.1%
Current assets
€2.35M▲ 7.0%
Equity and liabilities €6.38M
Equity
€3.68M▲ 3.6%
Provisions
€253k=
Debt
€2.44M▼ 5.7%
The debt ratio falls from 40.5% to 38.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€499k▲
2024 · €346k
Cash flow
€276k▼
2024 · €290k
Solvency
57.7%▲
2024 · 55.6%
Current ratio
0.99▲
2024 · 0.87
Quick ratio
0.99▲
2024 · 0.87
Debt / equity
0.66▼
2024 · 0.73
ROE
3.5%▼
2024 · 4.0%
ROA
2.0%▼
2024 · 2.2%
Interest coverage
7.51▲
2024 · 3.59
Debt
€2.44M▼
2024 · €2.59M
Debt ≤ 1 year
€2.38M▼
2024 · €2.52M
Debt > 1 year
€65k▼
2024 · €74k
Income taxes
€156k▲
2024 · €-2k
Staff costs
€59k▲
2024 · €40k
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€6.40M€6.38M▼
Fixed assets21/28€4.20M€4.03M▼
Tangible fixed assets22/27€3.65M€3.45M▼
Land and buildings22€3.40M€3.22M▼
Plant, machinery and equipment23€219k€197k▼
Furniture and vehicles24€14k€15k▲
Other tangible fixed assets26€12k€12k=
Financial fixed assets28€555k€581k▲
Current assets29/58€2.20M€2.35M▲
Amounts receivable after more than one year29€1.20M€1.20M=
Trade receivables290€500k€500k=
Other amounts receivable291€700k€700k=
Amounts receivable within one year40/41€907k€926k▲
Trade receivables40€45k€40k▼
Other amounts receivable41€862k€886k▲
Cash at bank and in hand54/58€79k€213k▲
Deferred charges and accrued income490/1€10k€10k▼
Equity and liabilities
Total equity and liabilities10/49€6.40M€6.38M▼
Equity10/15€3.56M€3.68M▲
Contributions10/11€27k€27k=
Revaluation surpluses12€1.52M€1.52M=
Reserves13€1.44M€1.57M▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Tax-exempt reserves132€666k€666k=
Distributable reserves133€774k€902k▲
Profit (loss) carried forward14€570k€570k=
Provisions and deferred taxes16€253k€253k=
Deferred taxes168€253k€253k=
Amounts payable17/49€2.59M€2.44M▼
Amounts payable after more than one year17€74k€65k▼
Financial debts170/4€74k€64k▼
Other amounts payable178/9€915€915=
Amounts payable within one year42/48€2.52M€2.38M▼
Current portion of amounts payable after more than one year42€57k€13k▼
Financial debts43€1.32M€1.13M▼
Credit institutions430/8€1.32M€1.13M▼
Trade debts44€43k€40k▼
Suppliers440/4€43k€40k▼
Advances received on contracts in progress46€4k€4k=
Taxes, remuneration and social security45€11k€97k▲
Taxes450/3€4k€86k▲
Remuneration and social security454/9€7k€11k▲
Other amounts payable47/48€1.08M€1.10M▲
Income statement
Code20242025
Non-recurring operating income76A€99k€193k▲
Remuneration, social security and pensions62€40k€59k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€146k€148k▲
Other operating charges640/8€40k€52k▲
Gross operating margin9900€426k€610k▲
Operating profit (loss)9901€200k€351k▲
Financial income75/76B€12k€217▼
Recurring financial income75€12k€217▼
Financial charges65/66B€96k€66k▼
Recurring financial charges65€96k€66k▼
Profit (loss) for the period before taxes9903€115k€284k▲
Transfer from deferred taxes780€27k-
Income taxes67/77€-2k€156k▲
Profit (loss) for the period9904€144k€128k▼
Profit (loss) for the period to be appropriated9905€144k€128k▼
Appropriation of the result
Profit (loss) to be appropriated9906€710k€698k▼
Profit (loss) brought forward from the previous period14P€566k€570k▲
Transfer to equity691/2€140k€128k▼
To the legal reserve6920€140k€128k▼
The notes to these accounts (10 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 98 days late
2022
31-12
Financial
Highest result since 2018net €1.01M ▲3237%
Operating result €1.47M, net result €1.01M, both a record.
31-12
Financial
Equity above €2MEq €3.01M ▲56.9%
4 profitable years in a row build equity to €3.01M.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 110 days late
2020
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 29 days late
2019
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Charleroi · 1 establishment unit since 1990
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.
Chaussée de Châtelet 466060 CharleroiGround area
7,521 m²
Building footprint
1,396 m²
Volume, LiDAR
17,922 m³
Parcel 52026D0816/00Y000, Wallonia · tallest building 16.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Châtelet 46, 6060 Charleroi
since 19902.048.672.365
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52026D0816/00Y000 | Wallonia | 7,521 m² | 1 · 1,396 m² | 16.8 m · 4 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.
Similar companies · same sector, comparable size
Houtzagerij en Houthandel Pieter Van Mechgelen
BE 0423.468.643
Arendonk · Eq €3.71M
DE COENE - PRODUCTS
BE 0416.684.779
Wevelgem · Eq €3.71M
LYNEN INDUSTRIAL CARPENTRY
BE 0439.344.771
Heusden-Zolder · Eq €3.61M
DECADT DANIEL
BE 0450.706.045
Poperinge · Eq €3.59M
SOLID
BE 0475.877.446
Spiere-Helkijn · Eq €3.78M
Of 663 companies in sector 16110 we hold annual accounts for 320. 160 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-1990
Fiscal year end31-12
Activities, NACEBEL
16110Sawmilling and planing of wood
68203Renting and operating of own or leased non-residential real estate, excluding land
16230Manufacture of other builders' carpentry and joinery
20300
Sources
Crossroads Bank for EnterprisesNational Bank · 36 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.