WOOD & TECHNICS
Open bankruptcyA bankruptcy procedure is open for WOOD & TECHNICS according to publications in the Belgian State Gazette; curator: PETER DEWITTE.
Summary
The 2022 annual accounts show equity of €10,495 and a net result of €4,874.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Ypres division
- Declared bankrupt
- 22 May 2026
- Supervising judge
- CéDRIQUE De Poot
- Official Gazette
- 01-06-2026 (pdf) ↗search the document for 2026/123395
Deadlines
- Provisional date payments stopped
- 22 May 2026A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 16 June 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 21 June 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 10 July 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 22 May 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Peter DewitteOude Beselarestraat 1 A, 8940 Wervikdewitte@advocaat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 08-10-2023, 69 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
69 d late
2021
43 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 56 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Process a list How is the Joinery installation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
€10,495▲ 86.7%
2021 · €5,621
Total assets
€38,800▲ 13.4%
2021 · €34,225
Net result
€4,874▲ 34.6%
2021 · €3,621
Working capital
€4,183
2021 · -€3,073
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022
Operating result€4,750-€6,858▲ 44.4%
Net result€3,621within the sector's middle half-€4,874within the sector's middle half▲ 34.6%
Equity€5,621below the sector's middle half-€10,495below the sector's middle half▲ 86.7%
Total assets€34,225below the sector's middle half-€38,800below the sector's middle half▲ 13.4%
Debt€28,604-€28,305▼ 1.0%
Working capital-€3,073below the sector's middle half-€4,183below the sector's middle half
Solvency16.4%below the sector's middle half-27.0%within the sector's middle half▲ 10.6pp
Current ratio0.89below the sector's middle half-1.15within the sector's middle half▲ 0.26
Return on assets (ROA)10.6%within the sector's middle half-12.6%within the sector's middle half▲ 2.0pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2022; 2022 is 44% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €38,800
Fixed assets
€6,311 ▼ 26.5%
Current assets
€32,489 ▲ 27.3%
Equity and liabilities €38,800
Equity
€10,495 ▲ 86.7%
Debt
€28,305 ▼ 1.0%
Debt's share of the balance-sheet total falls from 83.6% to 73.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9,241▲
2021 · €7,331
Cash flow
€7,256▲
2021 · €6,201
Debt to equity
2.70▼
2021 · 5.09
ROE
46.4%▼
2021 · 64.4%
Interest coverage
8.22▼
2021 · 14.13
Debt ≤ 1 year
€28,305▼
2021 · €28,604
Income taxes
€1,377▲
2021 · €767
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,580 | €2,383 | ▼ 7.7% |
| Other operating charges640/8 | €709 | €571 | ▼ 19.5% |
| Gross operating margin9900 | €8,040 | €9,812 | ▲ 22.0% |
| Operating profit (loss)9901 | €4,750 | €6,858 | ▲ 44.4% |
| Financial income75/76B | €157 | €517 | ▲ 230% |
| Recurring financial income75 | €157 | €517 | ▲ 230% |
| Financial charges65/66B | €519 | €1,124 | ▲ 117% |
| Recurring financial charges65 | €519 | €1,124 | ▲ 117% |
| Profit (loss) for the period before taxes9903 | €4,388 | €6,251 | ▲ 42.5% |
| Income taxes67/77 | €767 | €1,377 | ▲ 79.5% |
| Profit (loss) for the period9904 | €3,621 | €4,874 | ▲ 34.6% |
| Profit (loss) for the period to be appropriated9905 | €3,621 | €4,874 | ▲ 34.6% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €34,225 | €38,800 | ▲ 13.4% |
| Formation expenses20 | €109 | - | - |
| Fixed assets21/28 | €8,585 | €6,311 | ▼ 26.5% |
| Tangible fixed assets22/27 | €8,585 | €6,311 | ▼ 26.5% |
| Plant, machinery and equipment23 | €5,192 | €3,718 | ▼ 28.4% |
| Furniture and vehicles24 | €3,394 | €2,594 | ▼ 23.6% |
| Current assets29/58 | €25,531 | €32,489 | ▲ 27.3% |
| Amounts receivable after more than one year29 | - | €18,151 | - |
| Other amounts receivable291 | - | €18,151 | - |
| Amounts receivable within one year40/41 | €22,825 | €12,662 | ▼ 44.5% |
| Trade receivables40 | €5,394 | €3,573 | ▼ 33.8% |
| Other amounts receivable41 | €17,431 | €9,089 | ▼ 47.9% |
| Cash at bank and in hand54/58 | €2,076 | €1,676 | ▼ 19.3% |
| Deferred charges and accrued income490/1 | €629 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €34,225 | €38,800 | ▲ 13.4% |
| Equity10/15 | €5,621 | €10,495 | ▲ 86.7% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Reserves13 | €3,621 | €8,495 | ▲ 135% |
| Distributable reserves133 | €3,621 | €8,495 | ▲ 135% |
| Amounts payable17/49 | €28,604 | €28,305 | ▼ 1.0% |
| Amounts payable within one year42/48 | €28,604 | €28,305 | ▼ 1.0% |
| Trade debts44 | €18,179 | €8,052 | ▼ 55.7% |
| Suppliers440/4 | €18,179 | €8,052 | ▼ 55.7% |
| Advances received on contracts in progress46 | €4,557 | €4,557 | = |
| Taxes, remuneration and social security45 | €5,867 | €15,697 | ▲ 168% |
| Taxes450/3 | €5,867 | €15,697 | ▲ 168% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €3,621 | €4,874 | ▲ 34.6% |
| + Depreciation and write-downs630 | €2,580 | €2,383 | ▼ 7.7% |
| Operating cash flow (approximation) | €6,201 | €7,256 | ▲ 17.0% |
| Investment in fixed assets (approximation) | - | -€109 | - |
| Change in cash | - | -€400 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
01-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Ieper · event 22-05-2026
2023
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
2022
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 43 days late
SignalNBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Heuvelland · 1 establishment unit since 2021
Ground area
188 m²
Building footprint
112 m²
Parcel 33034A0015/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
WOOD & TECHNICS
since 20212.315.656.155
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33034A0015/00G000 | Flanders | 188 m² | 1 · 112 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PETER DEWITTE OUDE BESELARESTRAAT 1 A,
8940 WERVIK |
22-05-2026 → present |
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,140. 4,760 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
Founded16-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.