WOOD SHAPERS

Active

Public limited companyfounded 20196 yrs activeEdmond Van Nieuwenhuyselaan 30, 1160 Oudergem, BelgiumKBO/BCE: BE 0736.870.396

The computed 12-month bankruptcy probability of WOOD SHAPERS is 3.7% (moderate). The 2025 annual accounts show negative equity (€-2.10M) and a net result of €-668k. Equity is shrinking by ~29.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 829 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

15 / 100

Critical

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency0=

Growth58▲+6

Track record100

Bankruptcy probability, 12 months

3.7% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.64 against 0.75 in 2024; short-term debt: 150.9% and cash: 0% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-54.9%

Return on assets

-17.5%

Age of the figures

9 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

22232425

2022 to 2025 · latest year €-2.10M

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

63 d early

2024

99 d early

2023

71 d early

2022

81 d early

2021

74 d early

2020

94 d early

← before the deadline after the deadline →

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 months

Position in the running window

21-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-668k▲ 59.4%

2024 · €-1.65M

2022: €-714k 2023: €-1.29M 2024: €-1.65M

2022 → 2025

Working capital

€-2.10M▼ 31.0%

2024 · €-1.60M

2022: €-1.65M 2023: €57k 2024: €-1.60M

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€-1.50M-€213k€-1.43M€-2.10M▼ 46.6%

Operating result€-611k-€-852k▼ 39.5%€-1.46M▼ 72.0%€-493k▲ 66.3%

Net result€-714k-€-1.29M▼ 80.7%€-1.65M▼ 27.6%€-668k▲ 59.4%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €493k in 2025 against €1.46M in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €3.82M

96.1%

Fixed assets €151k▼ 49.4%

Current assets €3.67M▼ 23.1%

Key figures and ratios

2025 value · change against 2024

EBITDA

€-428k▲

2024 · €-1.38M

Cash flow

€-603k▲

2024 · €-1.56M

Solvency

-54.9%▼

2024 · -28.2%

Current ratio

0.64▼

2024 · 0.75

Quick ratio

0.24▼

2024 · 0.39

Debt / equity

-2.82▲

2024 · -4.54

ROA

-17.5%▲

2024 · -32.4%

Interest coverage

-2.03▲

2024 · -5.18

Debt

€5.92M▼

2024 · €6.51M

Debt ≤ 1 year

€5.77M▼

2024 · €6.38M

Income taxes

€813▼

2024 · €4k

Staff costs

€688k▼

2024 · €1.11M

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€5.08M€3.82M▼

Fixed assets21/28€297k€151k▼

Intangible fixed assets21€82k€40k▼

Tangible fixed assets22/27€183k€79k▼

Plant, machinery and equipment23€175k€2k▼

Furniture and vehicles24€8k€77k▲

Financial fixed assets28€32k€32k=

Current assets29/58€4.78M€3.67M▼

Stocks and contracts in progress3€2.32M€2.32M=

Stocks30/36€2.32M€2.32M=

Amounts receivable within one year40/41€2.42M€1.35M▼

Trade receivables40€244k€622k▲

Other amounts receivable41€2.18M€724k▼

Cash at bank and in hand54/58€9k€112▼

Deferred charges and accrued income490/1€33k€12k▼

Equity and liabilities

Total equity and liabilities10/49€5.08M€3.82M▼

Equity10/15€-1.43M€-2.10M▼

Contributions10/11€3.50M€3.50M=

Capital10€3.50M€3.50M=

Issued capital100€3.50M€3.50M=

Profit (loss) carried forward14€-4.93M€-5.60M▼

Amounts payable17/49€6.51M€5.92M▼

Amounts payable within one year42/48€6.38M€5.77M▼

Trade debts44€336k€342k▲

Suppliers440/4€336k€342k▲

Advances received on contracts in progress46-€102k

Taxes, remuneration and social security45€118k€228k▲

Taxes450/3€2k€777▼

Remuneration and social security454/9€116k€227k▲

Other amounts payable47/48€5.93M€5.10M▼

Accrued charges and deferred income492/3€128k€152k▲

Income statement Code20242025

Remuneration, social security and pensions62€1.11M€688k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€65k▼

Other operating charges640/8€69k€73k▲

Gross operating margin9900€-198k€333k▲

Operating profit (loss)9901€-1.46M€-493k▲

Financial income75/76B€89k€36k▼

Recurring financial income75€89k€36k▼

Financial charges65/66B€266k€210k▼

Recurring financial charges65€266k€210k▼

Profit (loss) for the period before taxes9903€-1.64M€-667k▲

Income taxes67/77€4k€813▼

Profit (loss) for the period9904€-1.65M€-668k▲

Profit (loss) for the period to be appropriated9905€-1.65M€-668k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-4.93M€-5.60M▼

Profit (loss) brought forward from the previous period14P€-3.29M€-4.93M▼

Social balance

Average headcount (FTE)90876.73.8▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 2Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

29-05

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

23-04

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Weakest financial yearnet €-1.65M

Net result drops to €-1.65M, the lowest in the series; recovery starts the following year.

21-05

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

31-12

Financial Equity above €200kEq €213k

Equity rises from €-1.50M to €213k.

11-05

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

18-05

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

28-04

NBB filing Annual accounts filed

fiscal year 2020 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

14 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, Oudergem · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Edmond Van Nieuwenhuyselaan 301160 Oudergem

Ground area

5,641 m²

Building footprint

1,517 m²

Volume, LiDAR

16,785 m³