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WOOD SOLNETTE

Active
Private limited companyfounded 200917 yrs activeWaterlose Steenweg 342, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0809.645.439
Summary

WOOD SOLNETTE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €367k and a net result of €26k. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 86% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability76▼-4
Solvency100=
Growth73=
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.72 against 6.43 in 2024; short-term debt: 21.1% and cash: 33.6% of total assets), and 21.1% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · 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
78.9%
Return on assets
5.5%
Age of the figures
9 mo
lowers risk · 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
highest failure risk from 2 to 8 years 17 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 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
32 d late
2024
106 d late
2023
67 d late
2022
150 d late
2021
116 d late
2020
88 d late
2019
112 d late
← 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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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, micro schema

Turnover
€422k▲ 3.0%
2022 · €409k
EBIT margin
18.2%▼ 8.3pp
2022 · 26.5%
Net result
€26k▲ 55.0%
2024 · €16k
Working capital
€366k▲ 7.3%
2024 · €341k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€325k€409k▲ 26.1%€422k
Operating result€86k▲ 129%€108k▲ 25.7%€43k▼ 59.9%€77k▲ 76.3%€51k▼ 33.3%
Net result€85k▲ 257%€99k▲ 16.0%€27k▼ 72.5%€16k▼ 39.7%€26k▲ 55.0%
EBIT margin26.6%26.5%▼ 0.1pp18.2%
Equity€199k▲ 75.1%€298k▲ 49.8%€326k▲ 9.2%€342k▲ 5.1%€367k▲ 7.5%
Total assets€205k▲ 59.9%€305k▲ 48.5%€369k▲ 21.1%€405k▲ 9.6%€466k▲ 15.1%
Debt€6k▼ 58.1%€7k▲ 8.3%€44k▲ 556%€63k▲ 43.8%€98k▲ 56.5%
Working capital€199k▲ 77.0%€297k▲ 49.2%€324k▲ 9.2%€341k▲ 5.1%€366k▲ 7.3%
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €86k€86kNet result 2021: €85k€85kOperating result 2022: €108k€108kNet result 2022: €99k€99kOperating result 2023: €43k€43kNet result 2023: €27k€27kOperating result 2024: €77k€77kNet result 2024: €16k€16kOperating result 2025: €51k€51kNet result 2025: €26k€26k20212022202320242025€0€20k€40k€60k€80kOperating result 2023: €43k€43kNet result 2023: €27k€27kOperating result 2024: €77k€77kNet result 2024: €16k€16kOperating result 2025: €51k€51kNet result 2025: €26k€26k202320242025
The operating result falls in 2025; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €466k
Fixed assets €2k ▲ 72.2%
Current assets €464k ▲ 14.9%
Equity and liabilities €466k
Equity €367k ▲ 7.5%
Debt €98k ▲ 56.5%
Debt's share of the balance-sheet total rises from 15.5% to 21.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€51k▼
2024 · €77k
Cash flow
€26k▲
2024 · €17k
Current ratio
4.72▼
2024 · 6.43
Quick ratio
4.65▼
2024 · 6.37
Debt to equity
0.27▲
2024 · 0.18
ROE
6.9%▲
2024 · 4.8%
ROA
5.5%▲
2024 · 4.1%
Interest coverage
46.60▲
2024 · 38.53
Debt ≤ 1 year
€98k▲
2024 · €63k
Income taxes
€34k▼
2024 · €58k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€405k€466k▲
Fixed assets21/28€965€2k▲
Tangible fixed assets22/27€965€2k▲
Furniture and vehicles24€965€2k▲
Current assets29/58€404k€464k▲
Stocks and contracts in progress3€4k€7k▲
Stocks30/36€4k€7k▲
Amounts receivable within one year40/41€185k€289k▲
Trade receivables40€2k€31k▲
Other amounts receivable41€182k€258k▲
Current investments50/53€9k€9k=
Cash at bank and in hand54/58€207k€157k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€405k€466k▲
Equity10/15€342k€367k▲
Contributions10/11€12k€12k=
Reserves13€290€290=
Non-distributable reserves130/1€290€290=
Other1319€290€290=
Profit (loss) carried forward14€329k€355k▲
Amounts payable17/49€63k€98k▲
Amounts payable within one year42/48€63k€98k▲
Trade debts44€11k€53k▲
Suppliers440/4€11k€53k▲
Taxes, remuneration and social security45€52k€45k▼
Taxes450/3€52k€45k▼
Income statement Code20242025
Turnover70€422k-
Goods, raw materials, services and sundry goods60/61€342k-
Remuneration, social security and pensions62€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€241€251▲
Other operating charges640/8€1k€7k▲
Gross operating margin9900€80k€58k▼
Operating profit (loss)9901€77k€51k▼
Financial income75/76B-€10k
Recurring financial income75-€10k
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€75k€60k▼
Income taxes67/77€58k€34k▼
Profit (loss) for the period9904€16k€26k▲
Profit (loss) for the period to be appropriated9905€16k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€329k€355k▲
Profit (loss) brought forward from the previous period14P€313k€329k▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€325k€409k-€422k--
Goods, raw materials, services and sundry goods60/61€236k€299k-€342k--
Remuneration, social security and pensions62€63€1k-€2k--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k--€241€251▲ 4.1%
Other operating charges640/8€948€643€6k€1k€7k▲ 482%
Gross operating margin9900€88k€110k€49k€80k€58k▼ 27.2%
Operating profit (loss)9901€86k€108k€43k€77k€51k▼ 33.3%
Financial income75/76B-€4€0-€10k-
Recurring financial income75-€4€0-€10k-
Financial charges65/66B€797€1k€1k€2k€1k▼ 44.8%
Recurring financial charges65€797€1k€1k€2k€1k▼ 44.8%
Profit (loss) for the period before taxes9903€85k€107k€42k€75k€60k▼ 19.6%
Income taxes67/77-€8k€15k€58k€34k▼ 40.7%
Profit (loss) for the period9904€85k€99k€27k€16k€26k▲ 55.0%
Profit (loss) for the period to be appropriated9905€85k€99k€27k€16k€26k▲ 55.0%
Line20212022202320242025Change
Assets
Total assets20/58€205k€305k€369k€405k€466k▲ 15.1%
Fixed assets21/28-€1k€1k€965€2k▲ 72.2%
Tangible fixed assets22/27-€1k€1k€965€2k▲ 72.2%
Furniture and vehicles24-€1k€1k€965€2k▲ 72.2%
Current assets29/58€205k€304k€368k€404k€464k▲ 14.9%
Stocks and contracts in progress3€706€706€12k€4k€7k▲ 108%
Stocks30/36€706€706€12k€4k€7k▲ 108%
Amounts receivable within one year40/41€124k€197k€213k€185k€289k▲ 56.6%
Trade receivables40€34k€33k€43k€2k€31k▲ 1,193%
Other amounts receivable41€90k€164k€170k€182k€258k▲ 41.6%
Current investments50/53€9k€9k€9k€9k€9k=
Cash at bank and in hand54/58€63k€96k€132k€207k€157k▼ 24.1%
Deferred charges and accrued income490/1€8k€1k€1k-€2k-
Equity and liabilities
Total equity and liabilities10/49€205k€305k€369k€405k€466k▲ 15.1%
Equity10/15€199k€298k€326k€342k€367k▲ 7.5%
Contributions10/11€12k€12k€12k€12k€12k=
Reserves13€290€290€290€290€290=
Non-distributable reserves130/1€290€290€290€290€290=
Other1319€290€290€290€290€290=
Profit (loss) carried forward14€186k€286k€313k€329k€355k▲ 7.7%
Amounts payable17/49€6k€7k€44k€63k€98k▲ 56.5%
Amounts payable within one year42/48€6k€7k€44k€63k€98k▲ 56.5%
Trade debts44-€3k€25k€11k€53k▲ 375%
Suppliers440/4-€3k€25k€11k€53k▲ 375%
Taxes, remuneration and social security45€3k€712€16k€52k€45k▼ 12.4%
Taxes450/3€3k€611€15k€52k€45k▼ 12.4%
Remuneration and social security454/9€101€101€101---
Other amounts payable47/48€3k€3k€3k---
Line20212022202320242025Change
Profit (loss) for the period9904€85k€99k€27k€16k€26k▲ 55.0%
+ Depreciation and write-downs630€1k--€241€251▲ 4.1%
Operating cash flow (approximation)€87k€99k€27k€17k€26k▲ 54.3%
Investment in fixed assets (approximation)--€0€0€-948-
Change in cash-€33k€36k€74k€-50k▼ 167%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 32 days late
2025
14-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 106 days late
2024
06-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
28-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 150 days late
2022
31-12
Financial Highest result since 2018net €99k ▲16%
Operating result €108k, net result €99k, both a record.
31-12
Financial Equity above €200kEq €298k ▲49.8%
3 profitable years in a row build equity to €298k.
24-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 116 days late
2021
31-12
Financial Liquidity quadruplescurrent ratio 33.38
Current ratio from 8.67 to 33.38; short-term debt falls from €15k to €6k.
31-12
Financial Equity above €150kEq €199k ▲75.1%
2 profitable years in a row build equity to €199k.
27-10
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 88 days late
2020
31-12
Financial Back to profitnet €24k
Net result €24k after 2 loss-making years.
31-12
Financial Equity above €100kEq €114k ▲26.7%
Equity rises from €90k to €114k.
Show earlier events
20-11
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 112 days late
2019
23-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 84 days late
2018
11-10
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 72 days late
11-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 437 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Sint-Gillis (bij-Brussel) · 2 establishment units since 2009
seat establishment All 2 establishment units on the map
Ground area
130 m²
Building footprint
129 m²
Volume, LiDAR
1,812 m³
2 parcels, Brussels · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
WOOD SOLNETTE
Waterlose Steenweg 342, 1060 Sint-Gillis (bij-Brussel)Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20092.190.997.002
WOOD SOLNETTE
Antoine Bréartstraat 1, 1060 Sint-Gillis (bij-Brussel)Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20092.190.997.101
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21013B0392/00B006 Brussels 77 m² 1 · 77 m² 16.1 m · 5 fl.
21013B0366/00M003 Brussels 53 m² 1 · 52 m² 17.7 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 75 companies in sector 47524 we hold annual accounts for 47. 32 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-02-2009
Fiscal year end31-12
Activities, NACEBEL 2025
47524Retail trade
Contact
Phone 02/544.11.01Sint-Gillis (bij-Brussel)
Fax 02/544.11.01Sint-Gillis (bij-Brussel)

Scores and ratios are computed by Checked and are not a credit decision.