WOOD SIDE RESIDENCE

Active

Public limited companyfounded 199036 yrs activeGeneraal de Ceunincklaan 75, 1020 Brussel, BelgiumKBO/BCE: BE 0441.675.147

WOOD SIDE RESIDENCE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.60M and a net result of €1.06M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 59% of 533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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Checked score

Score 2025

71 / 100

Healthy

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

Axes · tick = 2024

Profitability50▲+9

Solvency78▲+32

Growth60=

Track record100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €110k at 30 days acceptable

Liquidity ample (current ratio 1.86 against 1.05 in 2024; short-term debt: 46.9% and cash: 3% of total assets), and 46.9% of the assets are financed with debt.

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

Lower-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 87

Relative position

BE, all sectors

reference

Sector 87

lower

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

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

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

53.1%

Return on assets

35.3%

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

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €1.60M

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 filings

Deviation from the deadline

2025

26 d late

2024

31 d late

2023

47 d late

2022

31 d late

2021

27 d late

2020

47 d late

2019

91 d late

← 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

22-09-2026 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

€5.47M▼ 2.3%

2018 · €5.61M

2018: €5.61M

2018 → 2019

EBIT margin

-10.1%▼ 3.8pp

2018 · -6.2%

2018: -6.2%

2018 → 2019

Net result

€1.06M▲ 127%

2024 · €468k

2018: €-371k 2019: €-157k 2020: €424k 2021: €-437k 2022: €-489k 2023: €-502k 2024: €468k

2018 → 2025

Working capital

€1.21M▲ 991%

2024 · €111k

2018: €-181k 2019: €-350k 2020: €301k 2021: €-256k 2022: €313k 2023: €-261k 2024: €111k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€50k-€560k▲ 1,031%€59k▼ 89.5%€538k▲ 817%€1.60M▲ 198%

Operating result€-637k-€-474k▲ 25.5%€-496k▼ 4.6%€-665k▼ 34.1%€-795k▼ 19.6%

Net result€-437k-€-489k▼ 11.9%€-502k▼ 2.5%€468k€1.06M▲ 127%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €795k in 2025 against €665k in 2024; the loss grows and 2025 has the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €3.01M

12.8%

87.2%

Fixed assets €387k▼ 9.3%

Current assets €2.63M▲ 20.2%

Equity and liabilities €3.01M

53.1%

46.9%

Equity €1.60M▲ 198%

Debt €1.41M▼ 31.8%

The debt ratio falls from 79.4% to 46.9%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-709k▼

2024 · €-586k

Cash flow

€1.15M▲

2024 · €547k

Solvency

53.1%▲

2024 · 20.6%

Current ratio

1.86▲

2024 · 1.05

Quick ratio

1.85▲

2024 · 1.05

Debt / equity

0.88▼

2024 · 3.86

ROE

66.5%▼

2024 · 87.0%

ROA

35.3%▲

2024 · 17.9%

Interest coverage

-10.25▲

2024 · -13.36

Debt

€1.41M▼

2024 · €2.08M

Debt ≤ 1 year

€1.41M▼

2024 · €2.08M

Staff costs

€5.48M▲

2024 · €5.23M

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€2.61M€3.01M▲

Fixed assets21/28€426k€387k▼

Tangible fixed assets22/27€423k€383k▼

Land and buildings22€5k€4k▼

Plant, machinery and equipment23€418k€350k▼

Furniture and vehicles24-€29k

Financial fixed assets28€4k€4k=

Current assets29/58€2.19M€2.63M▲

Stocks and contracts in progress3€13k€13k▲

Stocks30/36€13k€13k▲

Amounts receivable within one year40/41€1.87M€2.26M▲

Trade receivables40€1.87M€2.26M▲

Other amounts receivable41€786-

Cash at bank and in hand54/58€91k€89k▼

Deferred charges and accrued income490/1€211k€266k▲

Equity and liabilities

Total equity and liabilities10/49€2.61M€3.01M▲

Equity10/15€538k€1.60M▲

Contributions10/11€1,000k€1,000k=

Capital10€1,000k€1,000k=

Issued capital100€1,000k€1,000k=

Reserves13€50k€103k▲

Non-distributable reserves130/1€50k€103k▲

Legal reserve130€50k€103k▲

Profit (loss) carried forward14€-523k€487k▲

Investment grants15€11k€10k▼

Amounts payable17/49€2.08M€1.41M▼

Amounts payable within one year42/48€2.08M€1.41M▼

Trade debts44€1.57M€959k▼

Suppliers440/4€1.57M€959k▼

Taxes, remuneration and social security45€383k€364k▼

Taxes450/3€9k€10k▲

Remuneration and social security454/9€374k€354k▼

Other amounts payable47/48€123k€92k▼

Income statement Code20242025

Non-recurring operating income76A€5k-

Remuneration, social security and pensions62€5.23M€5.48M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79k€86k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-29k€55k▲

Other operating charges640/8€22k€5k▼

Non-recurring operating charges66A€3k-

Gross operating margin9900€4.64M€4.83M▲

Operating profit (loss)9901€-665k€-795k▼

Financial income75/76B€1.18M€1.93M▲

Recurring financial income75€809€1k▲

Non-recurring financial income76B€1.18M€1.93M▲

Financial charges65/66B€44k€69k▲

Recurring financial charges65€44k€69k▲

Profit (loss) for the period before taxes9903€468k€1.06M▲

Profit (loss) for the period9904€468k€1.06M▲

Profit (loss) for the period to be appropriated9905€468k€1.06M▲

Appropriation of the result

Profit (loss) to be appropriated9906€-523k€540k▲

Profit (loss) brought forward from the previous period14P€-991k€-523k▲

Transfer to equity691/2-€53k

To the legal reserve6920-€53k

Social balance

Average headcount (FTE)908790.488.0▼

The notes to these accounts (11 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 18Financial 8Filings 10

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

2026

26-08

NBB filing Annual accounts filed

fiscal year 2025 · full schema · 26 days late

2025

31-12

Financial Highest result since 2018net €1.06M ▲127%

Net result €1.06M, the highest in the series.

31-12

Financial Equity above €1MEq €1.60M ▲198%

2 profitable years in a row build equity to €1.60M.

31-08

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 31 days late

2024

31-12

Financial Back to profitnet €468k

Net result €468k after 3 loss-making years.

31-12

Financial Equity above €500kEq €538k ▲817%

Equity rises from €59k to €538k.

16-09

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 47 days late

2023

31-12

Financial Weakest financial yearnet €-502k

Net result drops to €-502k, the lowest in the series; recovery starts the following year.

31-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 31 days late

2022

31-12

Financial Equity above €500kEq €560k ▲1031%

Equity rises from €50k to €560k.

27-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 27 days late

2021

16-09

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 47 days late

2020

31-12

Financial Back to profitnet €424k

Net result €424k after 2 loss-making years.

31-12

Financial Equity above €200kEq €487k ▲679%

Equity rises from €63k to €487k.

30-10

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 91 days late

2019

26-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 26 days late

2018

31-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 31 days late

2017

01-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 1 day late

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

Directors · office · real estate

Directors

9 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, Brussel · 1 establishment unit since 1990

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.

Generaal de Ceunincklaan 751020 Brussel

Ground area

2,347 m²

Building footprint

1,239 m²

Volume, LiDAR

17,866 m³

Parcel 21818A0003/00K074, Brussels · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

Generaal de Ceunincklaan 75, 1020 Brussel

NACE 70201

since 19902.049.843.491

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21818A0003/00K074	Brussels	2,347 m²	1 · 1,239 m²	18.4 m · 5 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Brussel2.049.843.491

1 permission

Toelating · Rusthuis (bereiding - distributie maaltijden) · since 01-01-2006

Similar companies · same sector, comparable size

MCOGEST

BE 0438.094.461

Ottignies-Louvain-la-Neuve · Eq €1.60M

Résidence des Arcades

Ham-sur-Heure-Nalinnes · Eq €1.60M

Of 601 companies in sector 87301 we hold annual accounts for 493. 390 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded01-08-1990

Fiscal year end31-12

Abbreviation FR W.S.R.

Activities, NACEBEL

85315

87301Residential care activities

Sources

Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.