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WOOD CORP

Active
Private limited companyfounded 2015active for 11 yearsSur le Fond Barbette(FW) 5, 5020 Namur, BelgiumKBO/BCE: BE 0612.995.656
Summary

The computed 12-month bankruptcy probability of WOOD CORP is 2.6% (moderate). The 2025 annual accounts show equity of €123,475 and a net result of -€20,450. Equity has been growing by about 8.5% per year since 2018. Its solvency ranks better than 81% of 34,954 sector peers (NACE 43, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 26-03-2015 Normal situation
Activity
Joinery installation NACE 43320and 1 other
Establishment unit
2.241.084.436 5150 Floreffe, since 26-03-2015
Financial year end
31 December
Peppol
Reachable since 03-07-2025

Board and ownership

Board

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.6%
Annual accounts 2025
Gross margin
-€16,188
Loss
€20,450
Equity
€123,475
▼ 14.2%
Total assets
€162,801
▲ 7.1%
  • 2025 accounts filed 31 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts lateLiquidity: current ratio 4.09, cash €575, halvedLoss of €20,450 (financial year 2025)Sector: Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 38% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 100=
equity 75.8% of total assets
Liquidity 42-53
short-term debt 24.2% · cash 0.4%
Profitability 3-97
return on assets -12.6%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 2.6% 01-2025: 2.6%● unchanged vs 12-2024highest value 02-2025: 2.6%● unchanged vs 01-2025highest value 03-2025: 2.6%● unchanged vs 02-2025highest value 04-2025: 2.6%● unchanged vs 03-2025 05-2025: 2.5%▼ -0.1 percentage points vs 04-2025 06-2025: 2.4%▼ -0.1 percentage points vs 05-2025 07-2025: 2.4%● unchanged vs 06-2025 08-2025: 0.1%▼ -2.3 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 2.6%▲ +2.4 percentage points vs 08-2026 10-2026: 2.6%● unchanged vs 09-2026 11-2026: 2.6%● unchanged vs 10-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.09 (18.39 in 2024), above the usual 1.5. Short-term debt is 24.2% and cash 0.4% of total assets. 24.2% of the assets are financed with debt and provisions.
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 90% of them on solvency, 31% on liquidity, 9% on profitability and 21% on growth.

The bankruptcy probability was computed on 03-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 4.09, cash €575, halved
NBB · annual accounts
raises risk · Loss of €20,450 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · 2025 accounts filed 31 days late
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. 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 · 10 filings
Deviation from the deadline
2025
31 days late
2024
16 days early
2023
30 days late
2022
25 days early
2021
31 days late
2020
3 days early
2019
69 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 17 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 31 August (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
04-11-2026 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

Key points

  • Caution: From profit to loss in 2025after a profit of €40,485 in 2024 -€20,450 View
  • Caution: Lower net result than 92% of companies in specialised constructionsector median €10,221 · 34,941 companies -€20,450 View

Recent changes

  1. · Gazette deed Registered office moved from Floreffe to FlawinneNew seat: 5020 Flawinne, sur le Fond Barbette 5 · Previous seat: 5150 Floreffe, Chemin du Fonds des Coupes, 8 · Changes of role: Jacques PIERARD (administrateur non statutaire) and Gilles TOUSSAINT (administrateur non statutaire)
  2. · Gazette deed Incorporation
All 19 events

Comparable companies

These companies have the same main activity as WOOD CORP: joinery installation (NACE 43320). They are comparable in size and age: total assets between €124,000 and €205,000, founded between 2014 and 2017.

CompanyTotal assetsGross margin
WOOD CORP Namur€162,801-€16,188
TIMMERWERKEN PEETERS Sint-Katelijne-Waver€147,074€1,155
INRO Lanaken€132,906-€6,751
Maes & Hens Stekene€205,005-€11,149
TATRA CONSTRUCT Menen€129,222-€25,369
VDD DESIGN Deinze€149,566-€10,583
E-DESTRUCTION Knokke-Heist€124,336-€3,811
Full comparison

Key facts about WOOD CORP

What is the company number of WOOD CORP?
The company number of WOOD CORP is 0612.995.656. The VAT number is the same number with BE in front: BE 0612.995.656.
Where is WOOD CORP based?
The registered office is at Sur le Fond Barbette(FW) 5, 5020 Namur.Company details
What does WOOD CORP do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of WOOD CORP?
The legal form of WOOD CORP is Private limited company (BV).
When was WOOD CORP founded?
WOOD CORP was founded on 26-03-2015.
Is WOOD CORP still active?
Yes, WOOD CORP is an active enterprise in the KBO register.
How many employees does WOOD CORP have?
WOOD CORP had an average of 0.1 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of WOOD CORP?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
Is WOOD CORP profitable?
In financial year 2025, WOOD CORP made a loss of €20,450.
Where can I find the annual accounts of WOOD CORP?
WOOD CORP filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WOOD CORP due?
WOOD CORP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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