WOOD CHIPS
ActiveSummary
The computed 12-month bankruptcy probability of WOOD CHIPS is 1.9% (moderate). The 2024 annual accounts show equity of €56,747 and a net result of €7,789. Equity has been growing by about 24% per year since 2018. Its solvency ranks better than 44% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 05-01-2001 Normal situation
- Activity
- Joinery installation NACE 43320and 1 other
- Establishment unit
- 2.101.291.697 1130 Brussel, since 08-05-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.9%
- Gross margin
- €122,563
- ▼ 27.9%
- Turnover
- ≈ €490,000
- estimated
- Profit
- €7,789
- ▼ 81.0%
- Equity
- €56,747
- ▲ 15.9%
- Total assets
- €137,429
- ▼ 44.8%
- Employees on 31-12-2024
- 4
- =
- 2025 accounts not filed, 94 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 02-09-2025)Size: total assets €137,4291 financial year not filed after the legal deadline; last filed accounts filed 29 days late; 1 of the last 3 accounts latelowers riskFounded in 2001Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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). It does better than 44% of them on solvency, 20% on liquidity, 21% on profitability and 63% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 6 accounts on average 81 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Key points
- Higher gross margin than 81% of companies in specialised constructionsector median €38,686 · 35,913 companies €122,563 View
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as WOOD CHIPS: joinery installation (NACE 43320). They are comparable in size and age: total assets between €125,000 and €177,000, founded between 1997 and 2004.
| Company | Total assets | Gross margin |
|---|---|---|
| WOOD CHIPS Brussel | €137,429 | €122,563 |
| M-DES Beauvechain | €131,804 | €124,850 |
| VANDERWEGEN GUY Herent | €124,660 | €104,073 |
| VERRASTRO Châtelet | €157,127 | €141,874 |
| VAN DEN BRANDT IVO Oud-Turnhout | €161,557 | €109,283 |
| Renopacif Wetteren | €156,965 | €111,921 |
| WINHOUSE & STONE EURASIATRADE Evere | €177,374 | €119,160 |
Key facts about WOOD CHIPS
- What is the company number of WOOD CHIPS?
- The company number of WOOD CHIPS is 0473.728.204. The VAT number is the same number with BE in front: BE 0473.728.204.
- Where is WOOD CHIPS based?
- The registered office is at Verdunstraat 210, 1130 Brussel.Company details
- What does WOOD CHIPS do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of WOOD CHIPS?
- The legal form of WOOD CHIPS is Private limited company (pre-2019) (BVBA).
- When was WOOD CHIPS founded?
- WOOD CHIPS was founded on 05-01-2001.
- Is WOOD CHIPS still active?
- Yes, WOOD CHIPS is an active enterprise in the KBO register.
- How many employees does WOOD CHIPS have?
- WOOD CHIPS had an average of 3.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of WOOD CHIPS?
- The turnover in financial year 2024 is ≈ €490,000. This figure is estimated from the gross margin of €122,563 and 37 comparable companies (NACE 43320). It probably lies between €330,000 and €610,000.
- Is WOOD CHIPS profitable?
- In financial year 2024, WOOD CHIPS made a profit of €7,789.
- Where can I find the annual accounts of WOOD CHIPS?
- WOOD CHIPS filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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