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RobinWood

Active
Private limited companyfounded 20224 yrs activeRue de l'Innovation(RH) 2, 5020 Namur, BelgiumKBO/BCE: BE 0789.919.795
Summary

The computed 12-month bankruptcy probability of RobinWood is 1.7% (moderate). The 2024 annual accounts show equity of €200,857 and a net result of €66,991. Equity is growing by ~125.2% per year across the filed fiscal years. Its solvency ranks better than 45% of 705 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability85▲+10
Solvency63▲+4
Growth78=
Track record94
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 3.06 against 0.99 in 2023; short-term debt: 8.9% and cash: 22.3% of total assets), but 62.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
about 8% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
55 d late
2023
28 d late
2022
25 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (1)
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

History

On 24 August 2022, RobinWood was incorporated as a Private limited company.1 Total assets went from EUR 13,140 in 2022 to EUR 530,474 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€200,857▲ 168%
2023 · €74,987
Total assets
€530,474▲ 141%
2023 · €219,923
Net result
€66,991▲ 481%
2023 · €11,522
Working capital
€97,288
2023 · -€962
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result-€1,860-€10,222€59,833▲ 485%
Net result-€1,860below the sector's middle half-€11,522within the sector's middle half€66,991above the sector's middle half▲ 481%
Equity€13,140below the sector's middle half-€74,987within the sector's middle half▲ 471%€200,857above the sector's middle half▲ 168%
Total assets€13,140below the sector's middle half-€219,923within the sector's middle half▲ 1,574%€530,474above the sector's middle half▲ 141%
Debt€144,936€329,617▲ 127%
Working capital-€962within the sector's middle half€97,288above the sector's middle half
Solvency100.0%above the sector's middle half-34.1%within the sector's middle half▼ 65.9pp37.9%within the sector's middle half▲ 3.8pp
Current ratio0.99within the sector's middle half3.06within the sector's middle half▲ 2.06
Return on assets (ROA)-14.2%below the sector's middle half-5.2%within the sector's middle half▲ 19.4pp12.6%within the sector's middle half▲ 7.4pp
above within below the middle half (P25 to P75) of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2022: -€1,860-€1,860Net result 2022: -€1,860-€1,860Operating result 2023: €10,222€10,222Net result 2023: €11,522€11,522Operating result 2024: €59,833€59,833Net result 2024: €66,991€66,991202220232024-€20,000€0€20,000€40,000€60,000Operating result 2022: -€1,860-€1,860Net result 2022: -€1,860-€1,860Operating result 2023: €10,222€10,200Net result 2023: €11,522€11,500Operating result 2024: €59,833€59,800Net result 2024: €66,991€67,000202220232024
The operating result has risen two years in a row; 2024 is 485% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €530,474
Fixed assets €385,857 ▲ 323%
Current assets €144,617 ▲ 12.4%
Equity and liabilities €530,474
Equity €200,857 ▲ 168%
Debt €329,617 ▲ 127%
Debt's share of the balance-sheet total falls from 65.9% to 62.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€99,729▲
2023 · €13,009
Cash flow
€106,887▲
2023 · €14,309
Quick ratio
2.85▲
2023 · 0.80
Debt to equity
1.64▼
2023 · 1.93
ROE
33.4%▲
2023 · 15.4%
Interest coverage
16.74▼
2023 · 21.29
Debt ≤ 1 year
€47,329▼
2023 · €129,592
Debt > 1 year
€282,288▲
2023 · €15,344
Income taxes
€5,428▲
2023 · €215
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,128 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.8% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,128 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€219,923€530,474▲
Fixed assets21/28€91,293€385,857▲
Tangible fixed assets22/27€91,293€385,857▲
Plant, machinery and equipment23€91,293€182,450▲
Furniture and vehicles24-€4,789
Leasing and similar rights25-€198,618
Current assets29/58€128,630€144,617▲
Stocks and contracts in progress3€24,362€9,851▼
Stocks30/36€24,362€9,851▼
Amounts receivable within one year40/41€17,267€16,655▼
Trade receivables40€2,609€16,655▲
Other amounts receivable41€14,658-
Cash at bank and in hand54/58€87,001€118,111▲
Equity and liabilities
Total equity and liabilities10/49€219,923€530,474▲
Equity10/15€74,987€200,857▲
Contributions10/11€15,000€15,000=
Profit (loss) carried forward14€9,662€76,653▲
Investment grants15€50,325€109,204▲
Amounts payable17/49€144,936€329,617▲
Amounts payable after more than one year17€15,344€282,288▲
Financial debts170/4€15,344€182,288▲
Other amounts payable178/9-€100,000
Amounts payable within one year42/48€129,592€47,329▼
Current portion of amounts payable after more than one year42€3,997€31,273▲
Financial debts43€15,000-
Other loans439€15,000-
Trade debts44€110,380€3,642▼
Suppliers440/4€110,380€3,642▼
Taxes, remuneration and social security45€215€7,361▲
Taxes450/3€215€7,361▲
Other amounts payable47/48-€5,053
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,787€39,896▲
Other operating charges640/8€1,487€482▼
Gross operating margin9900€14,496€100,211▲
Operating profit (loss)9901€10,222€59,833▲
Financial income75/76B€2,126€18,545▲
Recurring financial income75€2,126€18,545▲
Financial charges65/66B€611€5,959▲
Recurring financial charges65€611€5,959▲
Profit (loss) for the period before taxes9903€11,737€72,419▲
Income taxes67/77€215€5,428▲
Profit (loss) for the period9904€11,522€66,991▲
Profit (loss) for the period to be appropriated9905€11,522€66,991▲
Appropriation of the result
Profit (loss) to be appropriated9906€9,662€76,653▲
Profit (loss) brought forward from the previous period14P-€1,860€9,662▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2,787€39,896▲ 1,332%
Other operating charges640/8-€1,487€482▼ 67.6%
Gross operating margin9900-€1,860€14,496€100,211▲ 591%
Operating profit (loss)9901-€1,860€10,222€59,833▲ 485%
Financial income75/76B-€2,126€18,545▲ 772%
Recurring financial income75-€2,126€18,545▲ 772%
Financial charges65/66B-€611€5,959▲ 875%
Recurring financial charges65-€611€5,959▲ 875%
Profit (loss) for the period before taxes9903-€1,860€11,737€72,419▲ 517%
Income taxes67/77-€215€5,428▲ 2,425%
Profit (loss) for the period9904-€1,860€11,522€66,991▲ 481%
Profit (loss) for the period to be appropriated9905-€1,860€11,522€66,991▲ 481%
Line202220232024Change
Assets
Total assets20/58€13,140€219,923€530,474▲ 141%
Fixed assets21/28-€91,293€385,857▲ 323%
Tangible fixed assets22/27-€91,293€385,857▲ 323%
Plant, machinery and equipment23-€91,293€182,450▲ 99.9%
Furniture and vehicles24--€4,789-
Leasing and similar rights25--€198,618-
Current assets29/58€13,140€128,630€144,617▲ 12.4%
Stocks and contracts in progress3-€24,362€9,851▼ 59.6%
Stocks30/36-€24,362€9,851▼ 59.6%
Amounts receivable within one year40/41€263€17,267€16,655▼ 3.5%
Trade receivables40-€2,609€16,655▲ 538%
Other amounts receivable41€263€14,658--
Cash at bank and in hand54/58€12,877€87,001€118,111▲ 35.8%
Equity and liabilities
Total equity and liabilities10/49€13,140€219,923€530,474▲ 141%
Equity10/15€13,140€74,987€200,857▲ 168%
Contributions10/11€15,000€15,000€15,000=
Profit (loss) carried forward14-€1,860€9,662€76,653▲ 693%
Investment grants15-€50,325€109,204▲ 117%
Amounts payable17/49-€144,936€329,617▲ 127%
Amounts payable after more than one year17-€15,344€282,288▲ 1,740%
Financial debts170/4-€15,344€182,288▲ 1,088%
Other amounts payable178/9--€100,000-
Amounts payable within one year42/48-€129,592€47,329▼ 63.5%
Current portion of amounts payable after more than one year42-€3,997€31,273▲ 682%
Financial debts43-€15,000--
Other loans439-€15,000--
Trade debts44-€110,380€3,642▼ 96.7%
Suppliers440/4-€110,380€3,642▼ 96.7%
Taxes, remuneration and social security45-€215€7,361▲ 3,324%
Taxes450/3-€215€7,361▲ 3,324%
Other amounts payable47/48--€5,053-
Line202220232024Change
Profit (loss) for the period9904-€1,860€11,522€66,991▲ 481%
+ Depreciation and write-downs630-€2,787€39,896▲ 1,332%
Operating cash flow (approximation)-€1,860€14,309€106,887▲ 647%
Investment in fixed assets (approximation)---€334,460-
Change in cash-€74,124€31,110▼ 58.0%

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

2025
24-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-12
Financial Highest result since 2022net €66,991 ▲481%
Operating result €59,833, net result €66,991, both a record.
31-12
Financial Liquidity triplescurrent ratio 3.06
Current ratio from 0.99 to 3.06; short-term debt falls from €129,592 to €47,329.
31-12
Financial Equity above €200,000Eq €200,857 ▲168%
2 profitable years in a row build equity to €200,857.
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial Back to profitnet €11,522
Net result €11,522 after one loss-making year.
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Namur · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,750 m²
Parcel 92120F0026/00T004, Wallonia. Linked by address, not a title deed.
1 establishment unit
RobinWood
Rue de l'Innovation(RH) 2, 5020 NamurForestry and logging
since 20222.338.166.291
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92120F0026/00T004 Wallonia 1,750 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.

Similar companies · same sector, comparable size

Of 663 companies in sector 16110 we hold annual accounts for 320. 209 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
16110Sawmilling and planing of wood
02100Forestry and logging
16210Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
16281Manufacture of other wood products
70200Business and other management consultancy
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
E-invoicing
Reachable via Peppol
Peppol ID 0208:0789919795
Also 9925:BE0789919795
Registered 22-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.