WOOD CORP
ActiveWOOD CORP has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123k and a net result of €-20k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 81% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▼-97
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.09 against 18.39 in 2024; short-term debt: 24.2% and cash: 0.4% of total assets), and 24.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 43
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
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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
16 d early
2023
30 d late
2022
25 d early
2021
31 d late
2020
3 d early
2019
69 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€123k▼ 14.2%
2024 · €144k
2018: €88k
2019: €72k
2020: €100k
2021: €142k
2022: €122k
2023: €103k
2024: €144k
2018 → 2025
Total assets
€163k▲ 7.1%
2024 · €152k
2018: €119k
2019: €87k
2020: €238k
2021: €188k
2022: €227k
2023: €140k
2024: €152k
2018 → 2025
Net result
€-20k
2024 · €40k
2018: €18k
2019: €-17k
2020: €28k
2021: €42k
2022: €-19k
2023: €-19k
2024: €40k
2018 → 2025
Working capital
€121k▼ 13.8%
2024 · €141k
2018: €87k
2019: €71k
2020: €90k
2021: €133k
2022: €114k
2023: €99k
2024: €141k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€142k-€122k▼ 13.5%€103k▼ 15.5%€144k▲ 39.1%€123k▼ 14.2%
Operating result€61k-€-18k€-17k▲ 6.7%€50k€-18k
Net result€42k-€-19k€-19k▲ 0.9%€40k€-20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €18k after €50k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163k
Fixed assets
€2k▼ 32.6%
Current assets
€161k▲ 7.9%
Equity and liabilities €163k
Equity
€123k▼ 14.2%
Debt
€39k▲ 385%
The debt ratio rises from 5.3% to 24.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-17k▼
2024 · €53k
Cash flow
€-19k▼
2024 · €43k
Solvency
75.8%▼
2024 · 94.7%
Current ratio
4.09▼
2024 · 18.39
Quick ratio
4.09▼
2024 · 18.39
Debt / equity
0.32▲
2024 · 0.06
ROE
-16.6%▼
2024 · 28.1%
ROA
-12.6%▼
2024 · 26.6%
Interest coverage
-8.18▼
2024 · 20.19
Debt
€39k▲
2024 · €8k
Debt ≤ 1 year
€39k▲
2024 · €8k
Income taxes
€0▼
2024 · €7k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€152k€163k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€1k€211▼
Plant, machinery and equipment23€800€211▼
Furniture and vehicles24€395€0▼
Financial fixed assets28€2k€2k=
Current assets29/58€149k€161k▲
Amounts receivable within one year40/41€93k€158k▲
Trade receivables40€79k€144k▲
Other amounts receivable41€15k€15k=
Cash at bank and in hand54/58€54k€575▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€152k€163k▲
Equity10/15€144k€123k▼
Contributions10/11€8k€8k=
Reserves13€72k€72k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€70k€70k=
Profit (loss) carried forward14€64k€43k▼
Amounts payable17/49€8k€39k▲
Amounts payable within one year42/48€8k€39k▲
Trade debts44€2k€25k▲
Suppliers440/4€2k€25k▲
Taxes, remuneration and social security45€6k€14k▲
Taxes450/3€6k€14k▲
Other amounts payable47/48€224€224=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€984▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€54k€-16k▼
Operating profit (loss)9901€50k€-18k▼
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€47k€-20k▼
Income taxes67/77€7k€0▼
Profit (loss) for the period9904€40k€-20k▼
Profit (loss) for the period to be appropriated9905€40k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€104k€43k▼
Profit (loss) brought forward from the previous period14P€64k€64k▲
Transfer to equity691/2€40k€0▼
To other reserves6921€40k€0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-20k ▼151%
Net result drops to €-20k, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €40k
Net result €40k after 2 loss-making years.
31-12
Financial
Liquidity times 5current ratio 18.39
Current ratio from 3.73 to 18.39; short-term debt falls from €36k to €8k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €42k ▲46.2%
Operating result €61k, net result €42k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.84
Current ratio from 1.65 to 3.84; short-term debt falls from €138k to €47k.
31-12
Financial
Equity above €100kEq €142k ▲41.5%
2 profitable years in a row build equity to €142k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Namur · 1 establishment unit since 2015
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.
Sur le Fond Barbette(FW) 55020 NamurGround area
1.7 ha
Building footprint
1,131 m²
Volume, LiDAR
6,659 m³
2 parcels, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
WOOD CORP
since 20152.241.084.436
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92045A0794/00M000 | Wallonia | 1.5 ha | 1 · 924 m² | 8.2 m · 2 fl. |
| 92043G0148/00D000 | Wallonia | 1,872 m² | 1 · 207 m² | 9.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Coenen Kevin Schrijnwerkerij
BE 0679.722.055
Genk · Eq €123k
MOCO
BE 0746.449.345
Meise · Eq €123k
SPLINTER
BE 0471.470.874
Aalst · Eq €124k
JLK
BE 0836.578.577
Zonhoven · Eq €124k
Glas- en Aluminiumwerken De Leeuw
BE 0842.189.830
Antwerpen · Eq €123k
Of 20,025 companies in sector 43320 we hold annual accounts for 9,136. 7,702 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2015
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
16230Manufacture of other builders' carpentry and joinery
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.