TECH-WOOD
ActiveTECH-WOOD has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €859k and a net result of €-38k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 60% of 539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66=
Solvency78▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity short (current ratio 0.86 against 0.75 in 2024; short-term debt: 36.4% and cash: 1.2% of total assets), and 46.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.1%
Return on assets
-2.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-38k
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
25 d late
2023
5 d late
2022
on the day
2021
18 d early
2020
22 d early
2019
21 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 monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€859k▼ 4.2%
2024 · €897k
2018: €593k
2019: €622k
2020: €739k
2021: €933k
2022: €932k
2023: €932k
2024: €897k
2018 → 2025
Total assets
€1.62M▼ 7.9%
2024 · €1.76M
2018: €1.37M
2019: €1.23M
2020: €1.31M
2021: €1.41M
2022: €1.49M
2023: €1.60M
2024: €1.76M
2018 → 2025
Net result
€-38k▼ 9.4%
2024 · €-35k
2018: €29k
2019: €30k
2020: €116k
2021: €194k
2022: €-320
2023: €-221
2024: €-35k
2018 → 2025
Working capital
€-83k▲ 37.5%
2024 · €-133k
2018: €-655k
2019: €-482k
2020: €-382k
2021: €-236k
2022: €-32k
2023: €-153k
2024: €-133k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€933k-€932k=€932k=€897k▼ 3.7%€859k▼ 4.2%
Operating result€277k-€13k▼ 95.3%€15k▲ 10.9%€-15k€-28k▼ 93.8%
Net result€194k-€-320€-221▲ 30.8%€-35k▼ 15,614%€-38k▼ 9.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €28k in 2025 against €15k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.62M
Fixed assets
€1.11M▼ 17.7%
Current assets
€506k▲ 25.0%
Equity and liabilities €1.62M
Equity
€859k▼ 4.2%
Provisions
€9k▼ 6.3%
Debt
€752k▼ 11.7%
The debt ratio falls from 48.4% to 46.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€248k▼
2024 · €275k
Cash flow
€238k▼
2024 · €255k
Solvency
53.1%▲
2024 · 51.0%
Current ratio
0.86▲
2024 · 0.75
Quick ratio
0.83▲
2024 · 0.72
Debt / equity
0.87▼
2024 · 0.95
ROE
-4.4%▼
2024 · -3.9%
ROA
-2.4%▼
2024 · -2.0%
Interest coverage
23.94▲
2024 · 13.21
Debt
€752k▼
2024 · €851k
Debt ≤ 1 year
€589k▲
2024 · €538k
Debt > 1 year
€139k▼
2024 · €286k
Staff costs
€177k▲
2024 · €118k
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€1.76M€1.62M▼
Fixed assets21/28€1.35M€1.11M▼
Tangible fixed assets22/27€1.35M€1.11M▼
Plant, machinery and equipment23€804k€620k▼
Furniture and vehicles24€140k€120k▼
Other tangible fixed assets26€409k€374k▼
Current assets29/58€405k€506k▲
Stocks and contracts in progress3€18k€14k▼
Stocks30/36€18k€14k▼
Amounts receivable within one year40/41€362k€424k▲
Trade receivables40€297k€422k▲
Other amounts receivable41€65k€2k▼
Cash at bank and in hand54/58€14k€19k▲
Deferred charges and accrued income490/1€11k€48k▲
Equity and liabilities
Total equity and liabilities10/49€1.76M€1.62M▼
Equity10/15€897k€859k▼
Contributions10/11€600k€600k=
Reserves13€132k€130k▼
Tax-exempt reserves132€28k€26k▼
Distributable reserves133€104k€104k=
Profit (loss) carried forward14€165k€129k▼
Provisions and deferred taxes16€9k€9k▼
Deferred taxes168€9k€9k▼
Amounts payable17/49€851k€752k▼
Amounts payable after more than one year17€286k€139k▼
Financial debts170/4€286k€139k▼
Amounts payable within one year42/48€538k€589k▲
Current portion of amounts payable after more than one year42€144k€147k▲
Financial debts43€4k€0▼
Credit institutions430/8€4k€0▼
Trade debts44€80k€114k▲
Suppliers440/4€80k€114k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€16k€33k▲
Taxes450/3€2k€8k▲
Remuneration and social security454/9€14k€24k▲
Other amounts payable47/48€295k€295k=
Accrued charges and deferred income492/3€27k€23k▼
Income statement
Code20242025
Non-recurring operating income76A€12k€0▼
Remuneration, social security and pensions62€118k€177k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€289k€276k▼
Other operating charges640/8€6k€6k▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€399k€433k▲
Operating profit (loss)9901€-15k€-28k▼
Financial income75/76B€21€0▼
Recurring financial income75€21€0▼
Financial charges65/66B€21k€10k▼
Recurring financial charges65€21k€10k▼
Profit (loss) for the period before taxes9903€-35k€-39k▼
Transfer from deferred taxes780€590€590=
Income taxes67/77€0-
Profit (loss) for the period9904€-35k€-38k▼
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€-33k€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€165k€129k▼
Profit (loss) brought forward from the previous period14P€198k€165k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 5 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €194k ▲66.3%
Operating result €277k, net result €194k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Wichelen · 1 establishment unit since 2010
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.
Meerbos 49260 WichelenGround area
8,870 m²
Building footprint
3,748 m²
Volume, LiDAR
19,742 m³
Parcel 42026A0913/00N000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TECH-WOOD
since 20102.188.363.550
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42026A0913/00N000 | Flanders | 8,870 m² | 1 · 3,748 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
5 live approvalsLogistiek duaal (so)
Magazijnmedewerker (vwo)
Magazijnmedewerker duaal (so)
Medewerker hout duaal (so)
Operator CNC-gestuurde houtbewerkingsmachines duaal (so)
Similar companies · same sector, comparable size
Houthandel en Zagerij Van de Velde
BE 0403.592.650
Haacht · Eq €862k
HOLZ GILLES & Partner
BE 0747.836.544
Büllingen · Eq €884k
SCIERIE PONCELET
BE 0860.273.697
Bertrix · Eq €829k
Centrale voor Houtimport Decroix - Centrale d'Importation de Bois Decroix
BE 0405.468.809
Moorslede · Eq €822k
DALTECNIC
BE 0474.642.279
Flémalle · Eq €915k
Of 663 companies in sector 16110 we hold annual accounts for 320. 211 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2010
Fiscal year end31-12
Activities, NACEBEL
16110Sawmilling and planing of wood
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.