Active BE 0800.263.757Private limited company

K WOOD GROUP

Borrewaterstraat 107 ·2170 Antwerpen, Belgium· 3 yrs active

Sector: Schrijnwerk (43320)

Conclusion Checked

The computed 12-month bankruptcy probability of K WOOD GROUP is 2.6% (moderate). The 2024 annual accounts show equity of €124k and a net result of €106k. Its solvency ranks better than 76% of 11120 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€124k
Net result	€106k
Better than sector	76%
Active	3 yrs

Financial profile 5 of 5 axes measured · computed by Checked

96 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 100

Solvency 99

Growth 85

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

2.6% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2023, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

100 / 100 Excellent

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 27-06-2025 with the NBB · fiscal year 2024 · micro

RevenueOperating resultNet result

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	63.5%	40.9%	better than 76% of 11120 sector peers
Net result	€106k	€11k	better than 95% of 11103 sector peers
Equity	€124k	€34k	better than 87% of 11124 sector peers
Gross operating margin	€137k	€35k	better than 88% of 11092 sector peers
Staff costs	€490	€24k	higher than 14% of 4053 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€291k

+344.7% 23-24

EBITDA

€137k

+524.8% 23-24

Net profit

€106k

+527.1% 23-24

Cash flow

€108k

+512.7% 23-24

Total assets

€196k

+424.2% 23-24

Equity

€124k

+592.2% 23-24

Working capital

€123k

+634.6% 23-24

Staff costs

€490

+53.5% 23-24

Show 12 other metrics

Income taxes

€29k

+581.0% 23-24

Debt

€72k

+268.8% 23-24

Debt ≤ 1y

€72k

+268.8% 23-24

Current ratio

2.72

+46.0% 23-24

Quick ratio

2.72

+46.0% 23-24

Solvency

63.5%

+32.0% 23-24

Debt / equity

0.58

-46.7% 23-24

ROE

85.6%

-9.4% 23-24

ROA

54.3%

+19.6% 23-24

Net margin

36.5%

+41.0% 23-24

EBITDA margin

46.9%

+40.5% 23-24

Interest coverage

4421.65

+818.6% 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	€291k
EBITDA	€137k
Net profit	€106k
Cash flow	€108k
Staff costs	€490
Income taxes	€29k
Dividends	-
Total assets	€196k
Equity	€124k
Debt	€72k
of which ≤ 1y	€72k
of which > 1y	-
Working capital	€123k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	2.72
Quick ratio	2.72
Working capital ratio	62.9%
Solvency	63.5%
Debt / equity	0.58
Long-term debt ratio	-
Interest coverage	4421.65
Gross margin	46.3%
Net margin	36.5%
ROA	54.3%
ROE	85.6%
EBITDA margin	46.9%
Days sales outstanding	76d
Days payable outstanding	63d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €848 · 0.4% Current assets €195k · 99.6%

Equity & liabilities

Equity €124k · 63.5% Debt €72k · 36.5%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€196k
Fixed assets	21/28	€848
Formation expenses	20	€296
Tangible fixed assets	22/27	€848
Current assets	29/58	€195k
Amounts receivable within one year	40/41	€65k
Cash & bank	54/58	€130k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€196k
Equity	10/15	€124k
Contributions / capital	10/11	€1k
Accumulated profits (losses)	14	€123k
Amounts payable	17/49	€72k
Amounts payable within one year	42/48	€72k
Trade debts payable within one year	44	€27k
Income statement
Turnover	70	€291k
Gross operating margin	9900	€137k
Operating result	9901	€135k
Financial charges	65	€31
Result before taxes	9903	€135k
Income taxes	67/77	€29k
Net result for the period	9904	€106k
Result to be appropriated	9905	€106k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Schrijnwerk(43320)
Legal form	Private limited company(610)
Incorporation	01-04-2023
Status	Active
Postal code	2170

Establishment units 1 location

K WOOD GROUP

Borrewaterstraat 107, 2170 AntwerpenZagen en schaven van hout

since 20232.343.767.745

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11422C0282/00H043	Flanders	111 m²	1 · 111 m²	11.4 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

27-06-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

09-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Schrijnwerk43320

Primary activity highlighted.

Names & trade names

Legal nameNL

K WOOD GROUP

Registered office

Borrewaterstraat 107

2170 Antwerpen, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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