't Houtwerk

Active

Private limited companyfounded 2020active for 6 yearsScheldestraat(Ned) 20, 9636 Zwalm, BelgiumKBO/BCE: BE 0753.938.240

Summary

't Houtwerk has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123,683 and a net result of €59,352. Equity is growing by about 6.3% per year across the filed financial years. Its solvency ranks better than 40% of 34,678 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

't HoutwerkActiveChecked score 86/100

Risk analysis Report Compare

Activity

Joinery installation

NACE 43320

1 site

Size

€327,392total assets 2025

Staff: 1.6 FTE
Equity: €123,683
Profit: €59,352

Turnover not published (micro format)

Financial health

86 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

2025 accounts 31 days early2 deeds in the Belgian Official Gazette

Why 86raises riskFounded in 2020Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.33, cash €164,185Figures for financial year 2025 (filed 30-06-2026)Show the evidence

Checked score

Score 2025

86 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 50% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 63-31

equity 37.8% of total assets

Liquidity 72-17

short-term debt 54.2% · cash 50.1%

Profitability 91+4

return on assets 18.1%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

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

Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.4 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.2%▼ -0.1 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.3%▼ -0.2 percentage points vs 09-2026

Credit of up to €10,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.33, compared with 3.88 in 2024, below the usual 1.5; short-term debt: 54.2% and cash: 50.1% of total assets), and 62.2% 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 40% on solvency, 71% on liquidity, 77% on profitability and 12% 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

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.33, cash €164,185

NBB · annual accounts

Founded in 2020

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Sector: Specialised construction activities (NACE 43)

KBO

Figures for financial year 2025 (filed 30-06-2026)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

31 days early

2024

22 days late

2023

29 days early

2022

12 days early

2021

34 days early

← before the deadline after the deadline →

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

This company filed its last 5 accounts on average 17 days before 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 (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-06-2026 Annual accounts filedfinancial year 2025 · micro…
22-08-2025 Annual accounts filedfinancial year 2024 · micro…
31-12-2024 Equity above €150,000equity €189,331 ▲26.6%

Key points

Positive: Among the best 11% on net resultsector median €10,244 · 34,665 companies €59,352 View
Caution: Equity fell in 2025from €189,331 to €123,683 ▼ 34.7% View
Positive: 5 profitable years in a rowprofit 2025: €59,352 5 years View

By topic

Financials

Financial year: 2025
Total assets: €327,392
Profit: €59,352
Solvency: 37.8%

Total assets▲ 18.7%

Net result

20212025

Go to Financials

Timeline

Events: 7
Since: 2022
Next accounts: by 31-07-2027

02-07-2024Annual accounts filed
19-07-2023Annual accounts filed
31-12-2022Weakest financial year

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Joinery installationNACE 43320
Founded: 11-09-2020
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about 't Houtwerk

What is the company number of 't Houtwerk?: 0753.938.240. In Belgium the VAT number is the company number with BE in front: BE 0753.938.240.
Where is 't Houtwerk based?: The registered office is at Scheldestraat(Ned) 20, 9636 Zwalm.Company details
What does 't Houtwerk do?: According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of 't Houtwerk?: Private limited company (BV).
When was 't Houtwerk founded?: On 11-09-2020.
Is 't Houtwerk still active?: Yes, 't Houtwerk is an active enterprise in the KBO register.
How many employees does 't Houtwerk have?: On average 1.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of 't Houtwerk?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is 't Houtwerk profitable?: In financial year 2025, 't Houtwerk made a profit of €59,352.
Where can I find the annual accounts of 't Houtwerk?: 't Houtwerk filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of 't Houtwerk due?: By 31-07-2027, for financial year 2026.Timeline