WOODADVICE
ActiveThe computed 12-month bankruptcy probability of WOODADVICE is 2.1% (moderate). The 2025 annual accounts show equity of €66k and a net result of €19k. Equity is growing by ~42.5% per year across the filed fiscal years. Its solvency ranks better than 14% of 27619 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-4
Solvency35▼-4
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.3 against 0.26 in 2024; short-term debt: 30% and cash: 2.8% of total assets), and 89.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
10.4%
Return on assets
3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 27619 sector peers (2025).
NBB · sector comparisonPosition among 27619 sector peers
Solvency
better than 14%
← weakest
strongest →
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
24 d early
2023
30 d late
2022
30 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€66k▲ 40.5%
2024 · €47k
2022: €23k
2023: €26k
2024: €47k
2022 → 2025
Total assets
€641k▲ 83.5%
2024 · €350k
2022: €61k
2023: €304k
2024: €350k
2022 → 2025
Net result
€19k▼ 10.8%
2024 · €21k
2022: €21k
2023: €3k
2024: €21k
2022 → 2025
Working capital
€-135k▼ 56.7%
2024 · €-86k
2022: €16k
2023: €-44k
2024: €-86k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€23k-€26k▲ 11.7%€47k▲ 83.0%€66k▲ 40.5%
Operating result€29k-€11k▼ 62.8%€40k▲ 271%€45k▲ 11.3%
Net result€21k-€3k▼ 87.2%€21k▲ 695%€19k▼ 10.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 11% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €641k
Fixed assets
€584k▲ 82.9%
Current assets
€57k▲ 90.0%
Equity and liabilities €641k
Equity
€66k▲ 40.5%
Debt
€575k▲ 90.3%
The debt ratio rises from 86.5% to 89.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€96k▲
2024 · €56k
Cash flow
€70k▲
2024 · €38k
Solvency
10.4%▼
2024 · 13.5%
Current ratio
0.30▲
2024 · 0.26
Quick ratio
0.30▲
2024 · 0.26
Debt / equity
8.65▲
2024 · 6.38
ROE
28.8%▼
2024 · 45.4%
ROA
3.0%▼
2024 · 6.1%
Interest coverage
6.22▼
2024 · 6.26
Debt
€575k▲
2024 · €302k
Debt ≤ 1 year
€192k▲
2024 · €116k
Debt > 1 year
€383k▲
2024 · €186k
Income taxes
€10k▲
2024 · €10k
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€350k€641k▲
Fixed assets21/28€319k€584k▲
Tangible fixed assets22/27€319k€584k▲
Land and buildings22€306k€557k▲
Furniture and vehicles24€301-
Other tangible fixed assets26€13k€27k▲
Current assets29/58€30k€57k▲
Amounts receivable within one year40/41€28k€39k▲
Trade receivables40€28k€39k▲
Cash at bank and in hand54/58€2k€18k▲
Deferred charges and accrued income490/1€161€162▲
Equity and liabilities
Total equity and liabilities10/49€350k€641k▲
Equity10/15€47k€66k▲
Contributions10/11€2k€2k=
Reserves13€45k€64k▲
Distributable reserves133€45k€64k▲
Amounts payable17/49€302k€575k▲
Amounts payable after more than one year17€186k€383k▲
Financial debts170/4€186k€383k▲
Amounts payable within one year42/48€116k€192k▲
Current portion of amounts payable after more than one year42€15k€32k▲
Trade debts44€35k€1k▼
Suppliers440/4€35k€1k▼
Taxes, remuneration and social security45€20k€30k▲
Taxes450/3€20k€30k▲
Other amounts payable47/48€46k€129k▲
Income statement
Code20242025
Non-recurring operating income76A-€32k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€51k▲
Other operating charges640/8€3k€5k▲
Gross operating margin9900€60k€101k▲
Operating profit (loss)9901€40k€45k▲
Financial income75/76B-€4
Recurring financial income75-€4
Financial charges65/66B€9k€15k▲
Recurring financial charges65€9k€15k▲
Profit (loss) for the period before taxes9903€31k€29k▼
Income taxes67/77€10k€10k▲
Profit (loss) for the period9904€21k€19k▼
Profit (loss) for the period to be appropriated9905€21k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€19k▼
Transfer to equity691/2€21k€19k▼
To other reserves6921€21k€19k▼
The notes to these accounts (6 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
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €21k ▲695%
Net result €21k, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €3k ▼87.2%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Lievens-Houtem · 1 establishment unit since 2022
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.
Hoeksken 519520 Sint-Lievens-HoutemGround area
4,501 m²
Building footprint
194 m²
Volume, LiDAR
336 m³
Parcel 41063C0189/00D000, Flanders · tallest building 7.4 m. Linked by address, not a title deed.
1 establishment unit
WOODADVICE
since 20222.326.416.722
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41063C0189/00D000 | Flanders | 4,501 m² | 1 · 194 m² | 7.4 m |
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.
Similar companies · same sector, comparable size
Bostyn
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BE 0877.773.982
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Atelier Tibo Mintjens
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DIXART
BE 0804.901.446
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Higgins Maatwerk
BE 0738.869.190
Schoten · Eq €66k
Of 20,025 companies in sector 43320 we hold annual accounts for 9,136. 7,593 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2022
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
43230Insulation installation
43291Specialised construction activities
43331Floor and wall tiling
43410Roofing work
46832Wholesale of timber
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.