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LAEWOOD

Active
Private limited companyfounded 2025active for 1 yearHeulsestraat(Bis) 85, 8501 Kortrijk, BelgiumKBO/BCE: BE 1029.865.826
Summary

LAEWOOD has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €118,103 and a net result of -€8,166. Its solvency ranks better than 88% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Official details

Source: KBO
Status
Active since 26-09-2025 Normal situation
Activity
Joinery installation NACE 43320and 4 others
Establishment unit
2.381.321.987 8501 Kortrijk, since 26-09-2025
Financial year end
31 December
Peppol
Reachable since 26-11-2025

Board and ownership

Board

Financial position

66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts 2025
Gross margin
€48,329
Turnover
≈ €290,000
estimated
Loss
€8,166
Equity
€118,103
Total assets
€143,155
Employees on 31-12-2025
1
Filed on 14-07-2026, 17 days before the deadline
Score breakdownraises riskFounded in 2025Size: total assets €143,155Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)lowers riskEquity €118,103 (82.5% of total assets)Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 53% of micro companies in wood and cork (NACE 16)
Financial strength
Average
Solvency 100
equity 82.5% of total assets
Liquidity 57
short-term debt 16.6% · cash 9.1%
Profitability 12
return on assets -5.7%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,032 companies, NACE 16, micro)
Credit of up to €7,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 5.38, above the usual 1.5. Short-term debt is 16.6% and cash 9.1% of total assets. 17.5% 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 90% of them on solvency, 56% on liquidity and 13% on profitability.

The bankruptcy probability was computed on 01-11-2026 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 riskneutral
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €143,155
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €118,103 (82.5% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
17 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Key points

  • Caution: Lower net result than 86% of companies in specialised constructionsector median €10,227 · 34,889 companies -€8,166 View
  • New directorlatest change 10-11-2025 · 1 in office 1 joined View

Comparable companies

These companies have the same main activity as LAEWOOD: joinery installation (NACE 43320). They are comparable in size and age: total assets between €109,000 and €174,000, founded in 2025.

CompanyTotal assetsGross margin
LAEWOOD Kortrijk€143,155€48,329
HOCA Blankenberge€173,566€37,310
Dumortier Interieur en Schrijnwerken Anzegem€112,018€59,853
De Vrieze Wood Construct Deerlijk€108,744€56,078
Sorgeloose totaalinterieur Brugge€139,232€30,098
HRT MENUISERIE Namur€133,554€49,095
FL Menuiserie Liège€160,374€34,422
Full comparison

Key facts about LAEWOOD

What is the company number of LAEWOOD?
The company number of LAEWOOD is 1029.865.826. The VAT number is the same number with BE in front: BE 1029.865.826.
Where is LAEWOOD based?
The registered office is at Heulsestraat(Bis) 85, 8501 Kortrijk.Company details
What does LAEWOOD do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of LAEWOOD?
The legal form of LAEWOOD is Private limited company (BV).
When was LAEWOOD founded?
LAEWOOD was founded on 26-09-2025.
Is LAEWOOD still active?
Yes, LAEWOOD is an active enterprise in the KBO register.
How many employees does LAEWOOD have?
LAEWOOD had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LAEWOOD?
The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €48,329 and 32 comparable companies (NACE 43320). It probably lies between €210,000 and €500,000.
Is LAEWOOD profitable?
In financial year 2025, LAEWOOD made a loss of €8,166.
Where can I find the annual accounts of LAEWOOD?
LAEWOOD filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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