WOOD IT
ActiveSummary
The computed 12-month bankruptcy probability of WOOD IT is 2.2% (moderate). The 2025 annual accounts show equity of €39k and a net result of €181. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 59% of 27786 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+36
Solvency80▲+7
Growth52=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.45 in 2024; short-term debt: 30.7% and cash: 3.6% of total assets), and 44.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.3%
Return on assets
0.3%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
15 d early
2023
13 d late
2022
20 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€39k▲ 0.5%
2024 · €39k
2022: €30k
2023: €42k
2024: €39k
2022 → 2025
Total assets
€71k▼ 12.5%
2024 · €81k
2022: €58k
2023: €63k
2024: €81k
2022 → 2025
Net result
€181
2024 · €-3k
2022: €20k
2023: €13k
2024: €-3k
2022 → 2025
Working capital
€13k▲ 5.1%
2024 · €13k
2022: €14k
2023: €24k
2024: €13k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€30k-€42k▲ 41.8%€39k▼ 7.6%€39k▲ 0.5%
Operating result€26k-€17k▼ 35.2%€-2k€2k
Net result€20k-€13k▼ 37.2%€-3k€181
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71k
Fixed assets
€36k ▼ 11.5%
Current assets
€35k ▼ 12.7%
Equity and liabilities €71k
Equity
€39k ▲ 0.5%
Debt
€32k ▼ 24.6%
Debt's share of the balance-sheet total falls from 51.8% to 44.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▲
2024 · €4k
Cash flow
€12k▲
2024 · €3k
Current ratio
1.60▲
2024 · 1.45
Quick ratio
0.95▲
2024 · 0.89
Debt to equity
0.81▼
2024 · 1.08
ROE
0.5%▲
2024 · -8.2%
ROA
0.3%▲
2024 · -4.0%
Interest coverage
13.70▲
2024 · 2.25
Debt ≤ 1 year
€22k▼
2024 · €28k
Debt > 1 year
€10k▼
2024 · €15k
Income taxes
€1k▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€81k€71k▼
Formation expenses20€978€480▼
Fixed assets21/28€40k€36k▼
Tangible fixed assets22/27€40k€36k▼
Plant, machinery and equipment23€9k€13k▲
Furniture and vehicles24€8k€4k▼
Leasing and similar rights25€23k€19k▼
Current assets29/58€40k€35k▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€16k€14k▼
Stocks30/36€16k€14k▼
Amounts receivable within one year40/41€13k€17k▲
Trade receivables40€10k€11k▲
Other amounts receivable41€3k€5k▲
Current investments50/53€4€4▲
Cash at bank and in hand54/58€11k€3k▼
Deferred charges and accrued income490/1€0€1k▲
Equity and liabilities
Total equity and liabilities10/49€81k€71k▼
Equity10/15€39k€39k▲
Contributions10/11€10k€10k=
Reserves13€29k€29k▲
Distributable reserves133€29k€29k▲
Amounts payable17/49€42k€32k▼
Amounts payable after more than one year17€15k€10k▼
Financial debts170/4€15k€10k▼
Amounts payable within one year42/48€28k€22k▼
Current portion of amounts payable after more than one year42€7k€5k▼
Trade debts44€14k€5k▼
Suppliers440/4€14k€5k▼
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€5k€2k▼
Other amounts payable47/48€3k€10k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€12k▲
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€8k€15k▲
Operating profit (loss)9901€-2k€2k▲
Financial income75/76B€369€613▲
Recurring financial income75€369€613▲
Financial charges65/66B€2k€958▼
Recurring financial charges65€2k€958▼
Profit (loss) for the period before taxes9903€-3k€1k▲
Income taxes67/77€0€1k▲
Profit (loss) for the period9904€-3k€181▲
Profit (loss) for the period to be appropriated9905€-3k€181▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€181▲
Transfer from equity791/2€3k€0▼
Transfer to equity691/2€0€181▲
To other reserves6921€0€181▲
The notes to these accounts (14 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €181
Net result €181 after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-3k ▼126%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, De Panne · 1 establishment unit since 2021
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.
Doktersweg 58660 De PanneGround area
385 m²
Building footprint
81 m²
Volume, LiDAR
529 m³
Parcel 38352E0087/00_000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WOOD IT
since 20212.325.237.181
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38352E0087/00_000 | Flanders | 385 m² | 1 · 81 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
EXELDOOR
BE 0801.248.308
Mouscron · Eq €39,400
Johan Henderickx
BE 0788.667.804
Zulte · Eq €39,400
LDM
BE 0751.939.842
Ganshoren · Eq €39,416
DASPARKET
BE 0780.971.447
Laarne · Eq €39,440
Bart Geeraerts
BE 0792.160.594
Keerbergen · Eq €39,455
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,171 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43410Roofing work
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.