Woodaert

Active

Private limited companyfounded 20196 yrs activeAstridlaan 7B, 8760 Meulebeke, BelgiumKBO/BCE: BE 0734.836.663

The computed 12-month bankruptcy probability of Woodaert is 2.3% (moderate). The 2025 annual accounts show negative equity (€-23k) and a net result of €10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 27450 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

44 / 100

Weak

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

Axes · tick = 2024

Profitability58▲+12

Solvency19▲+2

Growth58=

Track record100

Bankruptcy probability, 12 months

2.3% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.71 against 0.58 in 2024; short-term debt: 61.6% 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

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

+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 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 →

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

-5.5%

Return on assets

2.3%

Age of the figures

12 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 27450 sector peers (2025).

NBB · sector comparison

Position among 27450 sector peers

Solvency

better than 9%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

3 d early

2024

43 d early

2023

40 d early

2022

32 d early

2021

32 d late

2020

5 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

16-09-2026 today30-09-2026 close30-04-2027 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, micro schema

Equity

€-23k▲ 29.2%

2024 · €-33k

2020: €8k 2021: €9k 2022: €-77k 2023: €-39k 2024: €-33k

2020 → 2025

Total assets

€419k▲ 4.3%

2024 · €402k

2020: €365k 2021: €413k 2022: €356k 2023: €366k 2024: €402k

2020 → 2025

Net result

€10k▲ 60.5%

2024 · €6k

2020: €1k 2021: €1k 2022: €-85k 2023: €38k 2024: €6k

2020 → 2025

Working capital

€-74k▲ 30.1%

2024 · €-105k

2020: €-35k 2021: €32k 2022: €-64k 2023: €-36k 2024: €-105k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€9k-€-77k€-39k▲ 49.6%€-33k▲ 15.4%€-23k▲ 29.2%

Operating result€3k-€-75k€54k€17k▼ 67.9%€20k▲ 15.1%

Net result€1k-€-85k€38k€6k▼ 84.4%€10k▲ 60.5%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 15% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €402k

54.1%

45.9%

Fixed assets €218k▼ 7.9%

Current assets €185k▲ 27.8%

Key figures and ratios

2025 value · change against 2024

EBITDA

€47k▲

2024 · €38k

Cash flow

€37k▲

2024 · €27k

Solvency

-5.5%▲

2024 · -8.1%

Current ratio

0.71▲

2024 · 0.58

Quick ratio

0.61▲

2024 · 0.30

Debt / equity

-19.15▼

2024 · -13.32

ROA

2.3%▲

2024 · 1.5%

Interest coverage

4.43▲

2024 · 3.03

Debt

€443k▲

2024 · €435k

Debt ≤ 1 year

€258k▲

2024 · €250k

Debt > 1 year

€184k▼

2024 · €185k

Staff costs

€24k▼

2024 · €56k

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€402k€419k▲

Formation expenses20€21k€17k▼

Fixed assets21/28€236k€218k▼

Tangible fixed assets22/27€236k€218k▼

Land and buildings22€206k€195k▼

Plant, machinery and equipment23€15k€9k▼

Furniture and vehicles24€15k€13k▼

Current assets29/58€144k€185k▲

Stocks and contracts in progress3€70k€27k▼

Stocks30/36€70k€27k▼

Amounts receivable within one year40/41€66k€158k▲

Trade receivables40€53k€15k▼

Other amounts receivable41€13k€142k▲

Cash at bank and in hand54/58€9k-

Equity and liabilities

Total equity and liabilities10/49€402k€419k▲

Equity10/15€-33k€-23k▲

Contributions10/11€6k€6k=

Profit (loss) carried forward14€-39k€-29k▲

Amounts payable17/49€435k€443k▲

Amounts payable after more than one year17€185k€184k▼

Financial debts170/4€185k€184k▼

Amounts payable within one year42/48€250k€258k▲

Current portion of amounts payable after more than one year42€21k€112k▲

Financial debts43€151k€125k▼

Credit institutions430/8€151k€125k▼

Trade debts44€74k€21k▼

Suppliers440/4€74k€21k▼

Taxes, remuneration and social security45€4k€12▼

Taxes450/3-€12

Remuneration and social security454/9€4k-

Income statement Code20242025

Remuneration, social security and pensions62€56k€24k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€27k▲

Other operating charges640/8€3k€717▼

Gross operating margin9900€97k€72k▼

Operating profit (loss)9901€17k€20k▲

Financial income75/76B€1k€389▼

Recurring financial income75€1k€389▼

Financial charges65/66B€13k€11k▼

Recurring financial charges65€13k€11k▼

Profit (loss) for the period before taxes9903€6k€10k▲

Profit (loss) for the period9904€6k€10k▲

Profit (loss) for the period to be appropriated9905€6k€10k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-39k€-29k▲

Profit (loss) brought forward from the previous period14P€-45k€-39k▲

The notes to these accounts (7 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 30-04-2027

2026

27-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

18-03

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

21-03

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

30-09

Financial Back to profitnet €38k

Net result €38k after one loss-making year.

29-03

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

30-09

Financial Weakest financial yearnet €-85k ▼7524%

Net result drops to €-85k, the lowest in the series; recovery starts the following year.

01-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 32 days late

2021

05-05

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 5 days late

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

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, Meulebeke · 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.

Astridlaan 7B8760 Meulebeke

Ground area

1,018 m²

Building footprint

1,012 m²

Volume, LiDAR

5,017 m³

Parcel 37007E0037/00Y002, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Woodaert

Astridlaan 7, 8760 MeulebekeManufacture of other builders' carpentry and joinery

since 20192.293.937.756

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
37007E0037/00Y002	Flanders	1,018 m²	1 · 1,011 m²	10.6 m · 2 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.

Public money · subsidies and aid

Flemish government

2022 to 2024 · 6 entries · 2,920 EUR awarded · 2,920 EUR paid

Year	Entries	awarded	paid
2024	2	1,216 EUR	1,216 EUR
2023	2	680 EUR	680 EUR
2022	2	1,024 EUR	1,024 EUR

Schemes

Stagebonus (stopgezet)

2 entries · 1,000 EUR · 1,000 EUR paid · Departement Werk en Sociale Economie

Premie kwalificerend werkplekleren

1 entry · 1,000 EUR · 1,000 EUR paid · Departement Werk en Sociale Economie

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

3 entries · 920 EUR · 920 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Dual-learning approval

3 live approvals · 4 ended

Interieurbouwer duaal (so)

Goedgekeurd · 2022 to 2027

Machinaal houtbewerker duaal (so)

Goedgekeurd · 2021 to 2026

Medewerker hout duaal (so)

Goedgekeurd · 2021 to 2026

Similar companies · same sector, comparable size

Maasmechelen · Eq €9k

INSIDE MENUISERIE

BE 0671.448.648

Saint-Hubert · Eq €9k

LOUIS LISON RENOVATION & IMMOBILIER

Of 20,031 companies in sector 43320 we hold annual accounts for 9,133. 4,341 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded24-09-2019

Fiscal year end30-09

Activities, NACEBEL

43320Joinery installation

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.