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PLUS WOOD

Active
Cooperative companyfounded 200620 yrs activeAvenue des Etats-Unis 110, 6041 Charleroi, BelgiumKBO/BCE: BE 0882.157.293

PLUS WOOD has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €358k and a net result of €678. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 69% of 4839 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
74 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▼-3
Solvency88▼-11
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.66 against 3.83 in 2024; short-term debt: 37.5% and cash: 56.6% of total assets), and 37.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
62.5%
Return on assets
0.1%
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
70 d early
2024
70 d early
2023
63 d early
2022
19 d early
2021
5 d early
2020
72 d early
2019
37 d early
← 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 months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€678▲ 244%
2024 · €197
2018: €8k 2019: €4k 2020: €226 2021: €3k 2022: €3k 2023: €79 2024: €197
2018 → 2025
Working capital
€357k▲ 2.9%
2024 · €347k
2018: €245k 2019: €249k 2020: €270k 2021: €312k 2022: €336k 2023: €341k 2024: €347k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€314k-€337k▲ 7.2%€357k▲ 6.0%€357k▲ 0.1%€358k▲ 0.2%
Operating result€-3k-€1k€-2k€906€1k▲ 61.7%
Net result€3k-€3k▼ 4.5%€79▼ 96.8%€197▲ 149%€678▲ 244%
Result per fiscal year
Operating resultNet result
€-4k€-2k€0€2kOperating result 2021: €-3k€-3kNet result 2021: €3k€3kOperating result 2022: €1k€1kNet result 2022: €3k€3kOperating result 2023: €-2k€-2kNet result 2023: €79€79Operating result 2024: €906€906Net result 2024: €197€197Operating result 2025: €1k€1kNet result 2025: €678€67820212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 62% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €572k
Fixed assets €771▼ 92.4%
Current assets €571k▲ 21.8%
Equity and liabilities €572k
Equity €358k▲ 0.2%
Debt €214k▲ 75.3%
The debt ratio rises from 25.5% to 37.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2k
2024 · €7k
Cash flow
€1k
2024 · €7k
Solvency
62.5%
2024 · 74.5%
Current ratio
2.66
2024 · 3.83
Quick ratio
2.51
2024 · 3.46
Debt / equity
0.60
2024 · 0.34
ROE
0.2%
2024 · 0.1%
ROA
0.1%
2024 · 0.0%
Interest coverage
0.13
2024 · 0.47
Debt
€214k
2024 · €122k
Debt ≤ 1 year
€214k
2024 · €122k
Income taxes
€2k
2024 · €2k
Staff costs
€150k
2024 · €148k
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€479k€572k
Fixed assets21/28€10k€771
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€10k€721
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€10k€721
Financial fixed assets28€50€50=
Current assets29/58€469k€571k
Stocks and contracts in progress3€46k€32k
Stocks30/36€46k€32k
Amounts receivable within one year40/41€104k€153k
Trade receivables40€104k€153k
Other amounts receivable41€0€0=
Current investments50/53€55k€36k
Cash at bank and in hand54/58€244k€324k
Deferred charges and accrued income490/1€19k€26k
Equity and liabilities
Total equity and liabilities10/49€479k€572k
Equity10/15€357k€358k
Contributions10/11€280k€280k=
Capital10€0-
Issued capital100€0-
Outside capital11€280k-
Share premium1100/10€280k-
Reserves13€67k€67k=
Non-distributable reserves130/1€67k€67k=
Legal reserve130€0-
Reserves not available under the articles1311€67k€67k=
Profit (loss) carried forward14€10k€11k
Amounts payable17/49€122k€214k
Amounts payable within one year42/48€122k€214k
Current portion of amounts payable after more than one year42€0€0=
Trade debts44€104k€185k
Suppliers440/4€104k€185k
Taxes, remuneration and social security45€18k€30k
Taxes450/3€5k€7k
Remuneration and social security454/9€13k€23k
Accrued charges and deferred income492/3€0€0=
Income statement Code20242025
Non-recurring operating income76A€0€0=
Goods, raw materials, services and sundry goods60/61-€234k
Remuneration, social security and pensions62€148k€150k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€391
Other operating charges640/8€384€197
Non-recurring operating charges66A€0€0=
Gross operating margin9900€156k€152k
Operating profit (loss)9901€906€1k
Financial income75/76B€17k€15k
Recurring financial income75€17k€15k
Financial charges65/66B€16k€14k
Recurring financial charges65€16k€14k
Profit (loss) for the period before taxes9903€2k€3k
Income taxes67/77€2k€2k
Profit (loss) for the period9904€197€678
Profit (loss) for the period to be appropriated9905€197€678
Appropriation of the result
Profit (loss) to be appropriated9906€10k€11k
Profit (loss) brought forward from the previous period14P€10k€10k
Transfer to equity691/2€0€0=
To the legal reserve6920€0€0=
Social balance
Average headcount (FTE)90871.71.7=

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
22-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
29-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Weakest financial yearnet €79 ▼96.8%
Net result drops to €79, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 3.92
Current ratio from 1.63 to 3.92; short-term debt falls from €529k to €117k.
12-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
20-05
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
24-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
20-05
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
18-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
31-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
16 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 2022
establishment The establishment unit on the map
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.

Avenue des Etats-Unis 1106041 Charleroi
Ground area
52.7 ha
Building footprint
9.7 ha
Volume, LiDAR
69,674 m³
2 parcels, Flanders, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Brusselsesteenweg 190, 1500 Halle
Agents in the wholesale of timber and building materials
since 20222.338.744.432
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
52028B0245/00T000 Wallonia 49.9 ha 1 · 8.8 ha -
23027M0219/00H000 Flanders 2.9 ha 1 · 9,158 m² 10.1 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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

Of 857 companies in sector 46832 we hold annual accounts for 588. 435 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formCooperative company
Founded29-06-2006
Fiscal year end31-12
Activities, NACEBEL
46832Wholesale of timber
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
51532
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.