Checked.be
Active
BE 0825.762.186Private limited company (pre-2019)
Wood advice & service
Pieter Michielsstraat 21 ·1601 Sint-Pieters-Leeuw, Belgium· 16 yrs active
Sector: General construction of residential buildings
(41001)
Conclusion
Wood advice & service has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95k and a net result of €-26k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 72% of 7039 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €95k |
| Net result | €-26k |
| Better than sector | 72% |
| Active | 16 yrs |
Financial profile
57
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
52
Profitability
0
Solvency
99
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2010, 16 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
52
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€5k
estimate, not credit advice
Score history
93
2021
52
2022
100
2023
86
2024
52
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 2.70 (≥ 1.5)
+10
Quick ratio
Quick ratio 2.70 (≥ 1.0)
+5
Leverage
Debt/equity 0.56 (< 1.0)
+10
Profitability
Negatieve ROE -27%
-10
Interest coverage
Interest coverage -114.2× (< 1.5×)
-10
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 14-08-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 5 fiscal years (±2%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 41, Construction of residential and non-residential buildings · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 64.1% | 43.8% | |
| Net result | €-26k | €8k | |
| Equity | €95k | €49k | |
| Gross operating margin | €-27k | €32k | |
| Staff costs | €653 | €34k |
€-18k
-
21-25
€-26k
-
21-25
€-19k
-
21-25
€147k
-10.3%
21-25
€95k
-21.4%
21-25
€90k
-17.8%
21-25
€653
+79.3%
21-25
€119
-96.9%
21-25
€53k
+19.9%
21-25
€53k
+27.6%
21-25
€3k
-
21-25
2.70
-25.8%
21-25
2.70
-25.8%
21-25
64.1%
-12.4%
21-25
0.56
+52.5%
21-25
-27.2%
-
21-25
-17.4%
-
21-25
-114.24
-
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €-18k | €17k | €46k | €-16k | €29k |
| Net profit | €-26k | €6k | €34k | €-32k | €12k |
| Cash flow | €-19k | €14k | €44k | €-16k | €25k |
| Staff costs | €653 | €364 | €451 | €159 | €510 |
| Income taxes | €119 | €4k | €3k | €93 | €4k |
| Dividends | - | - | - | - | - |
| Total assets | €147k | €164k | €153k | €112k | €172k |
| Equity | €95k | €120k | €114k | €79k | €111k |
| Debt | €53k | €44k | €39k | €32k | €61k |
| of which ≤ 1y | €53k | €41k | €39k | €32k | €58k |
| of which > 1y | - | - | - | - | €3k |
| Working capital | €90k | €109k | €95k | €57k | €79k |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 2.70 | 3.64 | 3.42 | 2.75 | 2.37 |
| Quick ratio | 2.70 | 3.64 | 3.42 | 2.75 | 2.37 |
| Working capital ratio | 60.9% | 66.5% | 62.3% | 50.8% | 45.9% |
| Solvency | 64.1% | 73.2% | 74.3% | 71.0% | 64.6% |
| Debt / equity | 0.56 | 0.37 | 0.35 | 0.41 | 0.55 |
| Long-term debt ratio | - | - | - | - | 0.03 |
| Interest coverage | -114.24 | 45.59 | 256.73 | -61.35 | 113.69 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -17.4% | 3.8% | 22.5% | -28.2% | 7.2% |
| ROE | -27.2% | 5.2% | 30.3% | -39.7% | 11.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €147k | €164k | €153k | €112k | €172k |
| Fixed assets | 21/28 | €5k | €14k | €18k | €23k | €36k |
| Tangible fixed assets | 22/27 | €5k | €14k | €18k | €23k | €36k |
| Current assets | 29/58 | €143k | €151k | €135k | €89k | €136k |
| Amounts receivable within one year | 40/41 | €33k | €76k | €34k | €36k | €56k |
| Cash & bank | 54/58 | €104k | €70k | €95k | €46k | €76k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €147k | €164k | €153k | €112k | €172k |
| Equity | 10/15 | €95k | €120k | €114k | €79k | €111k |
| Contributions / capital | 10/11 | €20k | €20k | €20k | €20k | €20k |
| Reserves | 13 | €27k | €27k | €21k | €21k | €21k |
| Accumulated profits (losses) | 14 | €48k | €73k | €73k | €39k | €70k |
| Amounts payable | 17/49 | €53k | €44k | €39k | €32k | €61k |
| Amounts payable after one year | 17 | - | - | - | - | €3k |
| Amounts payable within one year | 42/48 | €53k | €41k | €39k | €32k | €58k |
| Trade debts payable within one year | 44 | €39k | €18k | €23k | €12k | €34k |
| Income statement | ||||||
| Gross operating margin | 9900 | €-27k | €21k | €66k | €-13k | €34k |
| Operating result | 9901 | €-25k | €9k | €37k | €-31k | €16k |
| Financial income | 75 | €0 | €1k | €2k | €194 | €104 |
| Financial charges | 65 | €161 | €381 | €178 | €264 | €253 |
| Result before taxes | 9903 | €-26k | €10k | €38k | €-31k | €16k |
| Income taxes | 67/77 | €119 | €4k | €3k | €93 | €4k |
| Net result for the period | 9904 | €-26k | €6k | €34k | €-32k | €12k |
| Result to be appropriated | 9905 | €-26k | €6k | €34k | €-32k | €12k |
Legal Structure
| NACE primary | General construction of residential buildings(41001) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 07-05-2010 |
| Status | Active |
| Postal code | 1601 |
Establishment units
Wood Advice & Service
since 20102.187.832.129
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23069A0128/00M003indicative | Flanders | 112 m² | 1 · 65 m² | 11.7 m · 3 fl. |
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
03-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 3 days late
2023
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
31-12
Financial
Equity above €100kEq €114k ▲43.4%
Equity rises from €79k to €114k.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-32k ▼356%
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
General construction of residential buildings41001Joinery installation43320
Names & trade names
| Legal nameNL | Wood advice & service |
Similar companies
Cedric Willen
BE 1006.535.148 · Herzele
IVD-Reno
BE 0899.182.971 · Rijkevorsel
Lempens Bouwwerken
BE 0837.934.203 · Zonhoven
DE VOGHT
BE 0476.435.492 · Zandhoven
TAFKO
BE 0776.383.347 · Beringen