SIMPLY WOODIFY

Active

Private limited companyfounded 20242 yrs activeKortestraat 13, 8760 Tielt, BelgiumKBO/BCE: BE 1009.862.545

Summary

The computed 12-month bankruptcy probability of SIMPLY WOODIFY is 1.7% (moderate). The 2025 annual accounts show equity of €15,510 and a net result of €12,510. Its solvency ranks better than 28% of 33943 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

SIMPLY WOODIFYActiveChecked score 55/100

Risk analysis Report Compare

Activity

Joinery installation

NACE 43320

1 site

Size

€59,244total assets 2025

Equity: €15,510
Profit: €12,510

Turnover not published (abridged schema)

Financial health

55 Fair Checked score 2025

Bankruptcy chance 12 m: 1.7%

Structure

Accounts 26 d early0 of 1 deed read

Why 55- Founded in 2024- Size: total assets €59,244- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 0.97, cash €10,639Show the evidence

Checked score

Score 2025

55 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 54% of its sector peers (NACE 43, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength

Strong

Solvency 51

equity 26.2% of total assets

Liquidity 56

short-term debt 36.2% · cash 18.0%

Profitability 95

return on assets 21.1%

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,515 companies)

Last 24 months 06-2025: 1.9% 07-2025: 1.9%● 0.0% vs 06-2025 08-2025: 1.9%▲ +2.7% vs 07-2025 09-2025: 2.3%▲ +19.0% vs 08-2025 10-2025: 2.4%▲ +5.2% vs 09-2025 11-2025: 2.7%▲ +12.0% vs 10-2025 12-2025: 2.7%● 0.0% vs 11-2025 01-2026: 3.0%▲ +10.3% vs 12-2025 02-2026: 3.0%▲ +1.8% vs 01-2026 03-2026: 2.9%▼ -4.2% vs 02-2026 04-2026: 3.0%▲ +1.3% vs 03-2026 05-2026: 3.3%▲ +11.7% vs 04-2026 06-2026: 3.3%▲ +1.1% vs 05-2026highest value 07-2026: 3.3%● 0.0% vs 06-2026highest value 08-2026: 3.3%● 0.0% vs 07-2026highest value 09-2026: 3.3%● 0.0% vs 08-2026highest value 10-2026: 1.7%▼ -48.8% vs 09-2026lowest value

Founded in 2024 raises the probability for this profile
Size: total assets €59,244 raises the probability for this profile
Liquidity: current ratio 0.97, cash €10,639 lowers the probability
Sector Specialised construction activities (NACE 43) raises the probability

Credit up to €500 at 30 days acceptable

Liquidity short (current ratio 0.97; short-term debt: 36.2% and cash: 18% of total assets), and 73.8% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 28%, liquidity 52%, profitability 81%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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