Woodbridge
ActiveWoodbridge has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9k and a net result of €-3k. Equity is shrinking by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 44% of 705 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability8▼-1
Solvency62▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 1.59 against 1.79 in 2023; short-term debt: 62.7% and cash: 0% of total assets), but 62.7% of the assets are financed with debt.
Credit advice 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 · 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 2024Solvency, return and age of the figures
Solvency
37.3%
Return on assets
-11.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
217 d late
2022
64 d late
2021
92 d late
2020
90 d late
2019
101 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€9k▼ 24.0%
2023 · €12k
2018: €15k
2019: €18k
2020: €19k
2021: €19k
2022: €15k
2023: €12k
2018 → 2024
Total assets
€25k▼ 10.1%
2023 · €28k
2018: €63k
2019: €42k
2020: €46k
2021: €27k
2022: €29k
2023: €28k
2018 → 2024
Net result
€-3k▲ 1.5%
2023 · €-3k
2018: €3k
2019: €3k
2020: €205
2021: €339
2022: €-4k
2023: €-3k
2018 → 2024
Working capital
€9k▼ 24.0%
2023 · €12k
2018: €4k
2019: €10k
2020: €12k
2021: €14k
2022: €13k
2023: €12k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€19k-€19k▲ 1.8%€15k▼ 19.3%€12k▼ 19.6%€9k▼ 24.0%
Operating result€2k-€3k▲ 48.4%€-3k€-2k▲ 37.1%€-3k▼ 62.6%
Net result€205-€339▲ 65.4%€-4k€-3k▲ 18.1%€-3k▲ 1.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €2k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €25k
Equity
€9k▼ 24.0%
Debt
€16k▲ 1.0%
The debt ratio rises from 55.9% to 62.7%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
37.3%▼
2023 · 44.1%
Current ratio
1.59▼
2023 · 1.79
Quick ratio
1.11▼
2023 · 1.30
Debt / equity
1.68▲
2023 · 1.27
ROE
-31.6%▼
2023 · -24.4%
ROA
-11.8%▼
2023 · -10.8%
Debt
€16k▲
2023 · €16k
Debt ≤ 1 year
€16k▲
2023 · €16k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€28k€25k▼
Current assets29/58€28k€25k▼
Stocks and contracts in progress3€8k€8k=
Stocks30/36€8k€8k=
Amounts receivable within one year40/41€20k€17k▼
Trade receivables40€17k€17k=
Other amounts receivable41€4k€741▼
Cash at bank and in hand54/58-€11
Equity and liabilities
Total equity and liabilities10/49€28k€25k▼
Equity10/15€12k€9k▼
Contributions10/11€13k€13k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-3k€-6k▼
Amounts payable17/49€16k€16k▲
Amounts payable within one year42/48€16k€16k▲
Financial debts43€4k-
Credit institutions430/8€4k-
Trade debts44€12k€11k▼
Suppliers440/4€12k€11k▼
Taxes, remuneration and social security45-€241
Taxes450/3-€241
Other amounts payable47/48€37€5k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-
Other operating charges640/8€1k€500▼
Gross operating margin9900€2k€-2k▼
Operating profit (loss)9901€-2k€-3k▼
Financial charges65/66B€1k€97▼
Recurring financial charges65€1k€97▼
Profit (loss) for the period before taxes9903€-3k€-3k▲
Profit (loss) for the period9904€-3k€-3k▲
Profit (loss) for the period to be appropriated9905€-3k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-6k▼
Profit (loss) brought forward from the previous period14P€228€-3k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
05-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 217 days late
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
31-12
Financial
Weakest financial yearnet €-4k ▼1180%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 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, Sint-Laureins · 1 establishment unit since 2011
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.
Krabbendijk(STJ) 39982 Sint-LaureinsGround area
1,683 m²
Building footprint
197 m²
Volume, LiDAR
951 m³
Parcel 43013B0323/00M000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Woodbridge
since 20112.202.786.955
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43013B0323/00M000 | Flanders | 1,683 m² | 1 · 197 m² | 7.7 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.
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BE 0726.983.029
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ANDRE LAMBRECHTS
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BE 1007.195.243
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Of 1,599 companies in sector 16230 we hold annual accounts for 783. 311 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-09-2011
Fiscal year end31-12
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
31001Manufacture of furniture
31002Manufacture of furniture
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.