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WOODCENTER

Active
Public limited companyfounded 1988active for 38 yearsZuidstraat 7, 8560 Wevelgem, BelgiumKBO/BCE: BE 0434.661.354

From the official registers: KBO 36 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

WOODCENTER has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.6m and a net result of €1.6m. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 81% of 12,737 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
WOODCENTERActiveChecked score 97/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 17-06-1988 Normal situation
Legal form
Public limited company
Registered office
Zuidstraat 7, 8560 Wevelgem
Activity
Retail sale of hardware, building materials, paint and glass (general range) NACE 47521and 2 others
Establishment unit
2.041.062.419 8560 Wevelgem, since 02-12-1988
Financial year end
31 August
Peppol
Reachable
Company details

Who decides

Board
  • WOODPLEXManaging director · permanent representative GHEYSEN Olivier Michel Georgette
Board & ownership

How it is doing

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 31-08-2025
Gross margin
€2.7m
▲ 3.5%
Turnover
≈ €11.0m
estimated
Profit
€1.6m
▲ 6.0%
Equity
€7.6m
▲ 20.8%
Total assets
€11.1m
▲ 10.2%
Staff
7.5 FTE
▲ 17.2%
2025 accounts filed 22 days late
Filed on 22-04-2026PDF
Financials
Why 97lowers riskLiquidity: current ratio 6.80, cash €2.6mFounded in 1988Size: 7.5 FTE, total assets €11.1mEquity €7.6m (68.7% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 79% of its sector peers (NACE 47, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 94+6
equity 68.7% of total assets
Liquidity 79-15
short-term debt 11.4% · cash 23.6%
Profitability 86-1
return on assets 14.1%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €700,000 on 30-day terms is acceptable
Liquidity ample (current ratio 6.8, compared with 5.6 in 2024, above the usual 1.5; short-term debt: 11.4% and cash: 23.6% of total assets), and 31.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 80% on solvency, 83% on liquidity, 81% on profitability and 73% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 6.80, cash €2.6m
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: 7.5 FTE, total assets €11.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €7.6m (68.7% of total assets)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 22-04-2026, 22 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
22 days late
2024
46 days early
2023
80 days early
2022
on the day
2021
7 days late
2020
23 days late
2019
20 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-08-2026 is due by 31-03-2027. Nothing is late today. The company usually files around 31 March (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-08-2026 year end31-10-2026 today31-03-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Positive: Among the best 5% on net resultsector median €27,659 · 12,727 companies €1.6m View
  • Positive: 7 profitable years in a rowprofit 2025: €1.6m 7 years View

Documents

Annual accounts at the NBB

All 36 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about WOODCENTER

What is the company number of WOODCENTER?
0434.661.354. In Belgium the VAT number is the company number with BE in front: BE 0434.661.354.
Where is WOODCENTER based?
The registered office is at Zuidstraat 7, 8560 Wevelgem.Company details
What does WOODCENTER do?
According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
What is the legal form of WOODCENTER?
Public limited company (NV).
When was WOODCENTER founded?
On 17-06-1988.
Is WOODCENTER still active?
Yes, WOODCENTER is an active enterprise in the KBO register.
How many employees does WOODCENTER have?
On average 7.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of WOODCENTER?
≈ €11.0m in financial year 2025. Estimated from the gross margin of €2.7m: probably between €6.4m and €19.0m, based on 87 comparable companies, NACE 47.
Is WOODCENTER profitable?
In financial year 2025, WOODCENTER made a profit of €1.6m.
Where can I find the annual accounts of WOODCENTER?
WOODCENTER filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of WOODCENTER due?
By 31-03-2027, for financial year 2026.Timeline

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