Financials
- Financial year
- 2025
- Total assets
- €60,745
- Loss
- -€2,812
- Solvency
- 28.3%
WOOD-HARMONY
ActiveSummary
The computed 12-month bankruptcy probability of WOOD-HARMONY is 1.6% (moderate). The 2025 annual accounts show equity of €17,188 and a net result of -€2,812. Its solvency ranks better than 30% of 34,590 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Roofing work
NACE 43410
1 site
Size
€60,745total assets 2025
- Staff
- 1 FTE
- Equity
- €17,188
- Loss
- -€2,812
Turnover not published (micro format)
Why 63raises riskFounded in 20251 change of registered office in 24 monthslowers riskLiquidity: current ratio 0.97, cash €22,684Figures for financial year 2025 (filed 17-07-2026)Show the evidence
Checked score
Score 2025
63
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 36% of its sector peers (NACE 43, micro)
Financial strength
Average
Solvency
53
equity 28.3% of total assets
Liquidity
65
short-term debt 61.4% · cash 37.3%
Profitability
30
return on assets -4.6%
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2026: 2.0%
05-2026: 2.0%● unchanged vs 04-2026
06-2026: 2.4%▲ +0.4 percentage points vs 05-2026
07-2026: 2.5%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 1.0%▼ -1.5 percentage points vs 07-2026lowest value
09-2026: 1.0%● unchanged vs 08-2026lowest value
10-2026: 1.6%▲ +0.6 percentage points vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.97, below 1; short-term debt: 61.4% and cash: 37.3% of total assets), and 71.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 30% on solvency, 63% on liquidity and 16% on profitability.
The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
14 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: LARTELIER Nicolas (director) ·…
Key points
By topic
Board & ownership
- Board
- 1 member
- LARTELIER NicolasDirector
Timeline
- Events
- 3
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Roofing workNACE 43410
- Founded
- 04-03-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 28
- Purpose
- “Tous les travaux de toiture et étanchéité, travaux de vitrage, menuiserie charpenterie…” (deed in French)
- Statutory auditor
- No statutory auditor
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