MB Wood Concept

Active

Private limited companyfounded 2022active for 4 yearsPastoor Coplaan 3, 2070 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0784.308.544

Summary

The computed 12-month bankruptcy probability of MB Wood Concept is 3.0% (moderate). The 2024 annual accounts show equity of €48,662 and a net result of €34,445. Its solvency ranks better than 79% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

MB Wood ConceptActiveChecked score 53/100

Risk analysis Report Compare

Activity

Joinery installation

NACE 43320

1 site

Size

€66,400total assets 2024

Equity: €48,662
Profit: €34,445

Turnover not published (micro format)

Financial health

53 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 3.0%

Structure

2025 accounts not filed, 86 days past the deadline1 deed in the Belgian Official Gazette

Why 53raises riskFigures for financial year 2024 (filed 10-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 1 of the last 3 lateSize: total assets €66,400lowers riskLiquidity: current ratio 3.68, cash €14,789Show the evidence

Checked score

Score 2024

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 81% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Strong

Solvency 98+30

equity 73.3% of total assets

Liquidity 67-19

short-term debt 26.7% · cash 22.3%

Profitability 100=

return on assets 51.9%

Bankruptcy probability, 12 months

3.0% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,621 companies, NACE 43, micro)

Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024lowest value 02-2025: 0.8%● unchanged vs 01-2025lowest value 03-2025: 0.8%● unchanged vs 02-2025lowest value 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.6 percentage points vs 07-2025 09-2025: 1.9%▲ +0.4 percentage points vs 08-2025 10-2025: 2.9%▲ +1.0 percentage point vs 09-2025 11-2025: 1.3%▼ -1.6 percentage points vs 10-2025 12-2025: 1.1%▼ -0.2 percentage points vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.0%▼ -0.1 percentage points vs 03-2026 05-2026: 1.1%▲ +0.1 percentage points vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.8%▲ +0.7 percentage points vs 07-2026 09-2026: 2.0%▲ +0.2 percentage points vs 08-2026 10-2026: 3.0%▲ +1.0 percentage point vs 09-2026highest value

Credit of up to €2,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity ample (current ratio 3.68, compared with 4.09 in 2023, above the usual 1.5; short-term debt: 26.7% and cash: 22.3% of total assets), and 26.7% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 79% on solvency, 66% on liquidity, 92% on profitability and 86% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

Figures for financial year 2024 (filed 10-10-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 1 of the last 3 late

NBB · filings

Size: total assets €66,400

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 3.68, cash €14,789

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.

NBB · 2 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline25-10-2026 today

2024 accounts filed 71 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 2 filings

Deviation from the deadline

2025

not filed

2024

71 days late

2023

5 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 38 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2022.

KBO publications · our coverage

10-10-2025 Annual accounts filedfinancial year 2024 · micro…
05-08-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View
Total assets 20242 financial years filed €66,400 View
Active since 2022founded 31-03-2022 4 years View

By topic

Financials

Financial year: 2024
Total assets: €66,400
Profit: €34,445
Solvency: 73.3%

Total assets▼ 5.5%

Net result

20232024

Go to Financials

Timeline

Events: 2
Since: 2024

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Joinery installationNACE 43320
Founded: 31-03-2022
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about MB Wood Concept

What is the company number of MB Wood Concept?: 0784.308.544. In Belgium the VAT number is the company number with BE in front: BE 0784.308.544.
Where is MB Wood Concept based?: The registered office is at Pastoor Coplaan 3, 2070 Beveren-Kruibeke-Zwijndrecht.Company details
What does MB Wood Concept do?: According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of MB Wood Concept?: Private limited company (BV).
When was MB Wood Concept founded?: On 31-03-2022.
Is MB Wood Concept still active?: Yes, MB Wood Concept is an active enterprise in the KBO register.
What is the turnover of MB Wood Concept?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MB Wood Concept profitable?: In financial year 2024, MB Wood Concept made a profit of €34,445.
Where can I find the annual accounts of MB Wood Concept?: MB Wood Concept filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.