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WOOD CONSTRUCT

Active Private limited companyfounded 2017active for 9 yearsMolenstraat 79, 2861 Sint-Katelijne-WaverKBO/BCE: BE 0671.681.448

Lifetime

9 annual accounts with figures on one time axis
peak €28,997 (2020)
€17,057▼ 21.7%
lowest -€20,850 (2021)
€10,275▼ 31.9%
peak €41,267 (2020)
€30,834▲ 50.0%
€54,787▲ 37.6%
Board1 name since 2017
Documentsfilings and deeds
12-10-202673 days late
2025micro format
Gross margin from €21,797 to €17,057Result from €15,080 to €10,275Equity from €20,559 to €30,834Debts from €39,806 to €54,787

Key points

from the 2025 annual accounts

Turnover

≈ €180,000 estimated

The micro format states no turnover.

Filings

9 annual accounts 73 days
AprilJune31 JulyOctober20202025

Latest accounts filed late: after the legal deadline.

Board

1 joined

New director. Latest change 27-01-2026 · 1 in office.

Checked score

49
Fair
Financially stronger than 46% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 8.2% 01-2025: 10.5%▲ +2.3 percentage points vs 12-2024 02-2025: 10.5%● unchanged vs 01-2025 03-2025: 9.2%▼ -1.3 percentage points vs 02-2025 04-2025: 9.1%▼ -0.1 percentage points vs 03-2025 05-2025: 9.0%▼ -0.1 percentage points vs 04-2025 06-2025: 8.6%▼ -0.4 percentage points vs 05-2025 07-2025: 8.0%▼ -0.6 percentage points vs 06-2025 08-2025: 8.7%▲ +0.7 percentage points vs 07-2025 09-2025: 9.2%▲ +0.5 percentage points vs 08-2025 10-2025: 11.9%▲ +2.7 percentage points vs 09-2025highest value 11-2025: 3.7%▼ -8.2 percentage points vs 10-2025 12-2025: 3.7%● unchanged vs 11-2025 01-2026: 3.7%● unchanged vs 12-2025 02-2026: 3.7%● unchanged vs 01-2026 03-2026: 3.7%● unchanged vs 02-2026 04-2026: 3.7%● unchanged vs 03-2026 05-2026: 3.6%▼ -0.1 percentage points vs 04-2026 06-2026: 3.5%▼ -0.1 percentage points vs 05-2026 07-2026: 3.4%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 4.0%▲ +0.6 percentage points vs 07-2026 09-2026: 4.2%▲ +0.2 percentage points vs 08-2026 10-2026: 3.7%▼ -0.5 percentage points vs 09-2026 11-2026: 3.7%● unchanged vs 10-2026

Financial strength
Average

61+2equity 36.0% of total assets
44+6short-term debt 54.4%
61-21return on assets 12.0%

Score breakdown

raises risk
Last filed accounts filed 73 days late; 3 of the last 3 accounts late
Liquidity: current ratio 1.84
Sector: Specialised construction activities (NACE 43)
Figures for financial year 2025 (filed on 12-10-2026)
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 38% of them on solvency, 35% on liquidity, 29% on profitability and 83% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as WOOD CONSTRUCT has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of WOOD CONSTRUCT itself is higher: 3.7% within 12 months. It rests on far more data about WOOD CONSTRUCT than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for WOOD CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.84 (1.66 in 2024), above the usual 1.5. Short-term debt is 54.4% of total assets. However, 64% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Last filed accounts filed 73 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 1.84
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Figures for financial year 2025 (filed on 12-10-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 73 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-10-2026, 73 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
73 days late
2024
69 days late
2023
190 days late
2022
60 days late
2021
120 days late
2020
27 days late
2019
88 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 90 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 October (4 of the last 5 accounts filed within 47 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

HK
Director, since 21-02-2017
Board & ownership

Recent changes

Change of role: HOLEMANS Kris Jacobus Simonne, from manager to director “Algemene schrijnwerkerij; Hout- en timmerwerken,meubelmakerij; Algemene bouwonderneming; Groot- en kleinhandel…” · Director discharge: HOLEMANS Kris Jacobus Simonne · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0671681448
Incorporation published on 23-02-2017 · Gazette deed
First establishment Molenstraat 79, Sint-Katelijne-Waver
All 17 events

Comparable companies

same main activity, similar in size and age
Company
WOOD CONSTRUCT Sint-Katelijne-Waver €85,621 €17,057 36.0% -
Covi Solutions Schoten €86,173 €17,520 3.0% -
Keuko Construct Kalmthout €81,881 €17,034 32.8% -
JENTICO Lier €92,783 €19,480 67.9% -
BIGceramiX Poperinge €88,229 €17,690 55.5% -
In & Hout Lubbeek €97,649 €17,289 86.4% -
BRUD Kortrijk €92,872 €15,045 63.3% -

These companies have the same main activity as WOOD CONSTRUCT: joinery installation (NACE 43320). They are comparable in size and age: total assets between €81,900 and €97,600, founded between 2015 and 2017.

Official details

Source: KBO
Status
Active since 21-02-2017Normal situation
Activity
Joinery installationNACE 43320
Establishment unit
2.262.911.5152861 Sint-Katelijne-Waver, since 21-02-2017
Financial year end
31 December
Peppol
Reachable since 18-11-2025
Company details

Annual accounts 2025

€85,621▲ 41.8%
Filing
Filed on 12-10-2026
Financials

Insights on WOOD CONSTRUCT

WOOD CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €15,041 in 2017 to €17,057 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about WOOD CONSTRUCT

What is the company number of WOOD CONSTRUCT?
The company number of WOOD CONSTRUCT is 0671.681.448. The VAT number is the same number with BE in front: BE 0671.681.448.
Where is WOOD CONSTRUCT based?
The registered office is at Molenstraat 79, 2861 Sint-Katelijne-Waver.Company details
What does WOOD CONSTRUCT do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of WOOD CONSTRUCT?
WOOD CONSTRUCT is a private limited company (BV).
When was WOOD CONSTRUCT founded?
WOOD CONSTRUCT was founded on 21-02-2017.
Is WOOD CONSTRUCT still active?
Yes, WOOD CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of WOOD CONSTRUCT?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €17,057 and 56 comparable companies (NACE 43320). It probably lies between €110,000 and €340,000. It is a rough estimate.Financials
Is WOOD CONSTRUCT profitable?
In financial year 2025, WOOD CONSTRUCT made a profit of €10,275.
Where can I find the annual accounts of WOOD CONSTRUCT?
WOOD CONSTRUCT filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WOOD CONSTRUCT due?
WOOD CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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