WODIAM
ActiveWODIAM has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.24M and a net result of €171k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 48% of 9037 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-2
Solvency67▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 2.79 against 2.77 in 2023; short-term debt: 13.8% and cash: 24% of total assets), but 58% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
42%
Return on assets
5.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
2 d early
2022
21 d early
2021
31 d late
2020
26 d late
2019
14 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€1.24M▲ 6.0%
2023 · €1.17M
2018: €537k
2019: €603k
2020: €682k
2021: €842k
2022: €1.08M
2023: €1.17M
2018 → 2024
Total assets
€2.96M▲ 19.0%
2023 · €2.48M
2018: €924k
2019: €985k
2020: €982k
2021: €1.15M
2022: €1.54M
2023: €2.48M
2018 → 2024
Net result
€171k▼ 10.5%
2023 · €191k
2018: €94k
2019: €66k
2020: €79k
2021: €210k
2022: €338k
2023: €191k
2018 → 2024
Working capital
€730k▼ 8.7%
2023 · €799k
2018: €484k
2019: €611k
2020: €638k
2021: €692k
2022: €900k
2023: €799k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€682k-€842k▲ 23.5%€1.08M▲ 28.2%€1.17M▲ 8.4%€1.24M▲ 6.0%
Operating result€112k-€279k▲ 150%€434k▲ 55.5%€241k▼ 44.5%€264k▲ 9.2%
Net result€79k-€210k▲ 166%€338k▲ 60.8%€191k▼ 43.5%€171k▼ 10.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 9% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.96M
Fixed assets
€1.82M▲ 47.3%
Current assets
€1.14M▼ 9.0%
Equity and liabilities €2.96M
Equity
€1.24M▲ 6.0%
Debt
€1.71M▲ 30.5%
The debt ratio rises from 52.9% to 58.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€380k▲
2023 · €314k
Cash flow
€287k▲
2023 · €263k
Solvency
42.0%▼
2023 · 47.1%
Current ratio
2.79▲
2023 · 2.77
Quick ratio
2.47▲
2023 · 2.46
Debt / equity
1.38▲
2023 · 1.12
ROE
13.8%▼
2023 · 16.3%
ROA
5.8%▼
2023 · 7.7%
Interest coverage
6.00▼
2023 · 18.19
Debt
€1.71M▲
2023 · €1.31M
Debt ≤ 1 year
€407k▼
2023 · €451k
Debt > 1 year
€1.31M▲
2023 · €862k
Income taxes
€35k▼
2023 · €39k
Staff costs
€53k▼
2023 · €82k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.48M€2.96M▲
Fixed assets21/28€1.23M€1.82M▲
Intangible fixed assets21-€8k
Tangible fixed assets22/27€1.22M€1.80M▲
Land and buildings22€819k€807k▼
Plant, machinery and equipment23€163k€125k▼
Furniture and vehicles24€234k€205k▼
Leasing and similar rights25-€656k
Other tangible fixed assets26€4k€4k▼
Financial fixed assets28€14k€14k=
Current assets29/58€1.25M€1.14M▼
Amounts receivable after more than one year29€9k€2k▼
Other amounts receivable291€9k€2k▼
Stocks and contracts in progress3€140k€131k▼
Stocks30/36€140k€131k▼
Amounts receivable within one year40/41€387k€251k▼
Trade receivables40€358k€225k▼
Other amounts receivable41€29k€27k▼
Cash at bank and in hand54/58€711k€710k▼
Deferred charges and accrued income490/1€2k€43k▲
Equity and liabilities
Total equity and liabilities10/49€2.48M€2.96M▲
Equity10/15€1.17M€1.24M▲
Contributions10/11€19k€19k=
Reserves13€1.15M€1.22M▲
Distributable reserves133€1.15M€1.22M▲
Amounts payable17/49€1.31M€1.71M▲
Amounts payable after more than one year17€862k€1.31M▲
Financial debts170/4€862k€1.31M▲
Amounts payable within one year42/48€451k€407k▼
Current portion of amounts payable after more than one year42€166k€178k▲
Financial debts43-€34k
Credit institutions430/8-€34k
Trade debts44€122k€9k▼
Suppliers440/4€122k€9k▼
Advances received on contracts in progress46€481-
Taxes, remuneration and social security45€13k€10k▼
Taxes450/3€4k€3k▼
Remuneration and social security454/9€10k€7k▼
Other amounts payable47/48€149k€177k▲
Income statement
Code20232024
Remuneration, social security and pensions62€82k€53k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€117k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-15k-
Other operating charges640/8€103k€10k▼
Non-recurring operating charges66A€6k€10k▲
Gross operating margin9900€490k€454k▼
Operating profit (loss)9901€241k€264k▲
Financial income75/76B€5k€5k▲
Recurring financial income75€5k€5k▲
Financial charges65/66B€17k€63k▲
Recurring financial charges65€17k€63k▲
Profit (loss) for the period before taxes9903€229k€206k▼
Income taxes67/77€39k€35k▼
Profit (loss) for the period9904€191k€171k▼
Profit (loss) for the period to be appropriated9905€191k€171k▼
Appropriation of the result
Profit (loss) to be appropriated9906€428k€171k▼
Profit (loss) brought forward from the previous period14P€238k-
Transfer to equity691/2€328k€71k▼
To other reserves6921€328k€71k▼
Profit to be distributed694/7€100k€100k=
Directors or managers695€100k€100k=
Social balance
Average headcount (FTE)90871.41.0▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €338k ▲60.8%
Operating result €434k, net result €338k, both a record.
31-12
Financial
Equity above €1MEq €1.08M ▲28.2%
5 profitable years in a row build equity to €1.08M.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2019
31-12
Financial
Weakest financial yearnet €66k ▼29%
Net result drops to €66k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Hamont-Achel · 1 establishment unit since 2005
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.
Rangeerweg 123930 Hamont-AchelGround area
769 m²
Building footprint
254 m²
Volume, LiDAR
1,497 m³
Parcel 72012C0711/00F002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WODIAM
since 20052.145.119.366
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72012C0711/00F002 | Flanders | 769 m² | 1 · 254 m² | 8.9 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,670 EUR awarded · 2,670 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,670 EUR | 2,670 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 108 companies in sector 25639 we hold annual accounts for 81. 58 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-2005
Fiscal year end31-12
Activities, NACEBEL
25639Manufacture of fabricated metal products, except machinery and equipment
46620Wholesale of machine tools
47525Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.