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PROFWOOD

Active
Private limited company (pre-2019)founded 199827 yrs activeDriehoekstraat 75, 2240 Zandhoven, BelgiumKBO/BCE: BE 0464.308.910

The file of PROFWOOD contains 2 historical bankruptcy publications and 1 administrative flag, as published in the Belgian State Gazette.

Summary

The latest annual accounts of PROFWOOD were filed more than 90 days after the deadline. The computed 12-month bankruptcy probability is 4.5% (elevated). The 2024 annual accounts show negative equity (-€115,896) and a net result of -€883. Equity remains stable across the filed fiscal years (±0.3% per year).

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Filing: Filed more than 90 days late
Axes · tick = 2023
Profitability-
Solvency-
Growth32=
Track record69
Bankruptcy probability, 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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
highest failure risk from 2 to 8 years 27 years 0 30 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€115,896
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-05-2026, 278 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
278 d late
2023
133 d late
2022
499 d late
2021
864 d late
2020
1229 d late
2019
1594 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 766 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Late accounts filingStrikeout withdrawn

History

PROFWOOD was incorporated on 7 October 1998.1 Total assets went from EUR 5,966 in 2018 to EUR 5,967 in 2021.2 On 24 October 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 31-10-2024

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Financials · fiscal year 2024, abbreviated schema

Equity
-€115,896▼ 0.8%
2023 · -€115,014
Total assets
€0▼ 100%
2023 · €14
Net result
-€883▼ 129%
2023 · -€385
Working capital
-€115,896▼ 0.8%
2023 · -€115,014
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€571-€385▲ 32.5%-€858▼ 123%
Net result-€616-€385▲ 37.4%-€883▼ 129%
Equity-€114,013=-€114,013=-€114,629▼ 0.5%-€115,014▼ 0.3%-€115,896▼ 0.8%
Total assets€5,967=€5,967=€14▼ 99.8%€14=€0▼ 100%
Debt€119,980=€119,980=€114,643▼ 4.4%€115,028▲ 0.3%€115,896▲ 0.8%
Working capital-€114,013=-€114,013=-€114,629▼ 0.5%-€115,014▼ 0.3%-€115,896▼ 0.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1,000-€750-€500-€250€0Operating result 2022: -€571-€571Net result 2022: -€616-€616Operating result 2023: -€385-€385Net result 2023: -€385-€385Operating result 2024: -€858-€858Net result 2024: -€883-€88320202021202220232024-€1,000-€750-€500-€250€0Operating result 2022: -€571-€571Net result 2022: -€616-€616Operating result 2023: -€385-€385Net result 2023: -€385-€385Operating result 2024: -€858-€858Net result 2024: -€883-€883202220232024
The operating result stays negative: a loss of €858 in 2024 against €385 in 2023; the loss grows and 2024 has the lowest result in the available series.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€115,896▲
2023 · €115,028
Ratios withheld: a balance sheet total of €0 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet Code20232024
Assets
Total assets20/58€14€0▼
Current assets29/58€14€0▼
Cash at bank and in hand54/58€14€0▼
Equity and liabilities
Total equity and liabilities10/49€14€0▼
Equity10/15-€115,014-€115,896▼
Contributions10/11€76,203€76,203=
Reserves13€1,859€1,859=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Profit (loss) carried forward14-€193,076-€193,958▼
Amounts payable17/49€115,028€115,896▲
Amounts payable within one year42/48€115,028€115,896▲
Financial debts43-€19
Credit institutions430/8-€19
Trade debts44-€858
Suppliers440/4-€858
Taxes, remuneration and social security45€385€385=
Taxes450/3€385€385=
Other amounts payable47/48€114,643€114,634=
Income statement Code20232024
Other operating charges640/8€385€0▼
Gross operating margin9900€0-€858▼
Operating profit (loss)9901-€385-€858▼
Financial charges65/66B€0€24▲
Recurring financial charges65€0€24▲
Profit (loss) for the period before taxes9903-€385-€883▼
Profit (loss) for the period9904-€385-€883▼
Profit (loss) for the period to be appropriated9905-€385-€883▼
Appropriation of the result
Profit (loss) to be appropriated9906-€193,076-€193,958▼
Profit (loss) brought forward from the previous period14P-€192,691-€193,076▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8---€385€0▼ 100%
Gross operating margin9900---€571€0-€858-
Operating profit (loss)9901---€571-€385-€858▼ 123%
Financial charges65/66B--€45€0€24-
Recurring financial charges65--€45€0€24-
Profit (loss) for the period before taxes9903---€616-€385-€883▼ 129%
Profit (loss) for the period9904---€616-€385-€883▼ 129%
Profit (loss) for the period to be appropriated9905---€616-€385-€883▼ 129%
Line20202021202220232024Change
Assets
Total assets20/58€5,967€5,967€14€14€0▼ 100%
Current assets29/58€5,967€5,967€14€14€0▼ 100%
Amounts receivable within one year40/41€5,965€5,965€0---
Other amounts receivable41€5,965€5,965€0---
Cash at bank and in hand54/58€2€2€14€14€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€5,967€5,967€14€14€0▼ 100%
Equity10/15-€114,013-€114,013-€114,629-€115,014-€115,896▼ 0.8%
Contributions10/11€76,203€76,203€76,203€76,203€76,203=
Reserves13€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1€1,859€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859€1,859€1,859€1,859=
Profit (loss) carried forward14-€192,075-€192,075-€192,691-€193,076-€193,958▼ 0.5%
Amounts payable17/49€119,980€119,980€114,643€115,028€115,896▲ 0.8%
Amounts payable within one year42/48€119,980€119,980€114,643€115,028€115,896▲ 0.8%
Financial debts43----€19-
Credit institutions430/8----€19-
Trade debts44€6,969€6,969€0-€858-
Suppliers440/4€6,969€6,969€0-€858-
Taxes, remuneration and social security45---€385€385=
Taxes450/3---€385€385=
Other amounts payable47/48€113,011€113,011€114,643€114,643€114,634=
Line20202021202220232024Change
Profit (loss) for the period9904---€616-€385-€883▼ 129%
Operating cash flow (approximation)---€616-€385-€883▼ 129%
Change in cash-€0€12€0-€14-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
05-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 278 days late
2025
09-01
KBO administration Strikeout withdrawn
2024
31-12
Financial Weakest financial yearnet -€883
Net result drops to -€883, the lowest in the series.
24-12
Bankruptcy Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 19-12-2024
11-12
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 133 days late
11-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 499 days late
11-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 864 days late
11-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 1229 days late
11-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 1594 days late
31-10
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 24-10-2024
2023
15-09
KBO administration Late accounts filing
2019
20-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 142 days late
Show earlier events
2018
05-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
15-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 46 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Zandhoven · 1 establishment unit since 1998
seat establishment approximate The establishment unit on the map
Ground area
1,596 m²
Building footprint
241 m²
Parcel 11054C0115/00E002, Flanders. Linked by address, not a title deed.
1 establishment unit
Driehoekstraat 75, 2240 Zandhoven
NACE 20101
since 19982.089.016.744
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11054C0115/00E002 Flanders 1,596 m² 1 · 241 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator KJELL SWARTELE
Anselmostraat 2, 2018 Antwerpen 1
24-10-2024 → 19-12-2024

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded07-10-1998
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

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