Skip to content

WOESTT

Active
Private limited companyfounded 20178 yrs activeBerkenlaan 138B, 8530 Harelbeke, BelgiumKBO/BCE: BE 0686.791.672
Summary

WOESTT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,391 and a net result of €388. Its solvency ranks better than 13% of 28374 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes
Profitability69
Solvency32
Growth-
Track record85
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.64; short-term debt: 17.8% and cash: 2% of total assets), and 92.6% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
7.4%
Return on assets
0.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 28374 sector peers (2025).
NBB · sector comparison
Position among 28374 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
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 22 December 2017, WOESTT was incorporated.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€28,391
Total assets
€383,377
Net result
€388
Working capital
-€24,715

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €383,377
Fixed assets €339,681
Current assets €43,696
Equity and liabilities €383,377
Equity €28,391
Debt €354,986
Debt finances 92.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€46,455
Cash flow
€39,732
Current ratio
0.64
Quick ratio
0.25
Debt to equity
12.50
ROE
1.4%
ROA
0.1%
Interest coverage
9.51
Debt ≤ 1 year
€68,412
Debt > 1 year
€286,574
Income taxes
€1,839
Staff costs
€28,932

Peer companies

Historical observation

Of the 1,251 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.6% went bankrupt
2.7% stopped otherwise
94% still going

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

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,251 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 · 2025 · 52 lines
Balance sheet Code2025
Assets
Total assets20/58€383,377
Fixed assets21/28€339,681
Tangible fixed assets22/27€339,650
Land and buildings22€280,879
Plant, machinery and equipment23€39,973
Furniture and vehicles24€18,797
Financial fixed assets28€31
Current assets29/58€43,696
Stocks and contracts in progress3€26,326
Stocks30/36€6,600
Contracts in progress37€19,726
Amounts receivable within one year40/41€5,797
Trade receivables40€5,567
Other amounts receivable41€230
Cash at bank and in hand54/58€7,528
Deferred charges and accrued income490/1€4,046
Equity and liabilities
Total equity and liabilities10/49€383,377
Equity10/15€28,391
Contributions10/11€1,650
Reserves13€11,295
Non-distributable reserves130/1€0
Reserves not available under the articles1311€0
Distributable reserves133€11,295
Profit (loss) carried forward14€15,446
Amounts payable17/49€354,986
Amounts payable after more than one year17€286,574
Financial debts170/4€198,574
Other amounts payable178/9€88,000
Amounts payable within one year42/48€68,412
Current portion of amounts payable after more than one year42€29,865
Trade debts44€10,622
Suppliers440/4€10,622
Taxes, remuneration and social security45€6,605
Taxes450/3€3,058
Remuneration and social security454/9€3,547
Other amounts payable47/48€21,320
Income statement Code2025
Non-recurring operating income76A€0
Remuneration, social security and pensions62€28,932
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,344
Other operating charges640/8€5,717
Gross operating margin9900€81,104
Operating profit (loss)9901€7,111
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€4,885
Recurring financial charges65€4,885
Profit (loss) for the period before taxes9903€2,227
Income taxes67/77€1,839
Profit (loss) for the period9904€388
Profit (loss) for the period to be appropriated9905€388
Appropriation of the result
Profit (loss) to be appropriated9906€15,446
Profit (loss) brought forward from the previous period14P€15,058

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Non-recurring operating income76A€0
Remuneration, social security and pensions62€28,932
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,344
Other operating charges640/8€5,717
Gross operating margin9900€81,104
Operating profit (loss)9901€7,111
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€4,885
Recurring financial charges65€4,885
Profit (loss) for the period before taxes9903€2,227
Income taxes67/77€1,839
Profit (loss) for the period9904€388
Profit (loss) for the period to be appropriated9905€388
Line2025
Assets
Total assets20/58€383,377
Fixed assets21/28€339,681
Tangible fixed assets22/27€339,650
Land and buildings22€280,879
Plant, machinery and equipment23€39,973
Furniture and vehicles24€18,797
Financial fixed assets28€31
Current assets29/58€43,696
Stocks and contracts in progress3€26,326
Stocks30/36€6,600
Contracts in progress37€19,726
Amounts receivable within one year40/41€5,797
Trade receivables40€5,567
Other amounts receivable41€230
Cash at bank and in hand54/58€7,528
Deferred charges and accrued income490/1€4,046
Equity and liabilities
Total equity and liabilities10/49€383,377
Equity10/15€28,391
Contributions10/11€1,650
Reserves13€11,295
Non-distributable reserves130/1€0
Reserves not available under the articles1311€0
Distributable reserves133€11,295
Profit (loss) carried forward14€15,446
Amounts payable17/49€354,986
Amounts payable after more than one year17€286,574
Financial debts170/4€198,574
Other amounts payable178/9€88,000
Amounts payable within one year42/48€68,412
Current portion of amounts payable after more than one year42€29,865
Trade debts44€10,622
Suppliers440/4€10,622
Taxes, remuneration and social security45€6,605
Taxes450/3€3,058
Remuneration and social security454/9€3,547
Other amounts payable47/48€21,320
Line2025
Profit (loss) for the period9904€388
+ Depreciation and write-downs630€39,344
Operating cash flow (approximation)€39,732

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Harelbeke · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
2,322 m²
Building footprint
1,004 m²
Volume, LiDAR
3,585 m³
2 parcels, Flanders · tallest building 7.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Woestt
Berkenlaan 138, 8530 HarelbekeManufacture of other builders' carpentry and joinery
since 20172.271.326.660
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34322B0428/02Z000 Flanders 1,775 m² 1 · 850 m² 6.9 m · 1 fl.
34322B0428/02A002 Flanders 546 m² 1 · 154 m² 7.7 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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

2024 to 2025 · 2 entries · 11,737 EUR awarded · 11,737 EUR paid
Year Entries awardedpaid
2025 1 7,426 EUR7,426 EUR
2024 1 4,311 EUR4,311 EUR
Schemes
2 entries · 11,737 EUR · 11,737 EUR paid · Departement Werk en Sociale Economie

Similar companies · same sector, comparable size

Of 20,025 companies in sector 43320 we hold annual accounts for 9,140. 6,719 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
Founded22-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0686791672
Also 9925:BE0686791672
Registered 06-06-2025

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

Register as of 30 September 2026 · Peppol Directory

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