Filings
7 annual accounts since 2019
The last five annual accounts were filed 56 to 66 days before the end of the period.
WOODCOUSTICS
Lifetime
7 annual accounts with figures on one time axispeak €1,946 (2020)
€1,934▼ 0.1%
lowest -€1,140 (2023)
€1,015▼ 17.6%
peak €22,281 (2025)
€22,281▲ 4.8%
-not published
Board2 names since 2018
2 directorsBILLIET Ludovic and 1 other
Owners2 names in the annual accounts
50%DECOSPAN HOLDING and 1 other
Documentsfilings and deeds
26-05-202666 days before the deadline
2025micro format
A quiet year: no large shift against the year before.
Key points
from the 2025 annual accountsAt the same address
25 companies
Position in the sector
€1,015
Lower net result than 88% of companies in legal and accounting. Sector median €37,367 · 15,822 companies.
Checked score
95
Excellent
Financially stronger than 61% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 20,103 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
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 05-2025highest value
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 03-2026
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 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Sector: Legal and accounting activities (NACE 69)
Liquidity: cash €21,645
Figures for financial year 2025 (filed on 27-05-2026)
Equity €22,281 (100.0% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 69, micro). It does better than 87% of them on solvency, 97% on liquidity, 11% on profitability and 47% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,047 companies had the same profile as WOODCOUSTICS has now. Each dot stands for 13 companies, two years later.
94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
The bankruptcy probability of WOODCOUSTICS itself is lower: < 0.1% within 12 months. It rests on far more data about WOODCOUSTICS than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,047 companies, not a prediction for WOODCOUSTICS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Cash is 97.1% of total assets. 0% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
6 signals, none raises the risk
Six signals.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €22,281
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 26-05-2026, 66 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
66 days early
2024
56 days early
2023
56 days early
2022
60 days early
2021
59 days early
2020
57 days early
2019
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 55 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DECOSPAN HOLDING 50%equity €14.4m (2025) · 2025 annual accounts of DECOSPAN HOLDING
- Oak Fever 50%equity €22.4m (2025) · 2025 annual accounts of Oak Fever
Recent changes
2 directors resigning, 2 reappointments
Resignations: BILLIET Ludovic and DESMET Pieterjan · Reappointments: BILLIET Ludovic (director) and DESMET Pieterjan (director) · Legal-form conversion: to private limited company · General meeting of 21-09-2023 · Gazette deed
Incorporation
published on 31-10-2018 · Gazette deed
First establishment
Generaal Deprezstraat 2, Harelbeke
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WOODCOUSTICS Harelbeke | €22,281 | €1,934 | 100.0% | - |
| OAK real estate Watermael-Boitsfort | €21,827 | €2,237 | 16.1% | - |
| Cheyns Consulting Oudenaarde | €31,387 | €2,228 | 78.3% | - |
| BOREAS CONSULT Kortrijk | €17,644 | -€485 | 94.1% | - |
| SDM Immo Tournai | €29,083 | -€9,060 | 37.8% | - |
| BIALMA Scherpenheuvel-Zichem | €29,626 | -€19,250 | 6.0% | - |
| LEGITECH Uccle | €20,406 | €3,972 | 53.1% | - |
These companies have the same main activity as WOODCOUSTICS: other legal services (NACE 69109). They are comparable in size and age: total assets between €17,600 and €31,400, founded between 2016 and 2020.
Official details
Source: KBO- Status
- Active since 29-10-2018Normal situation
- Registered office
- 26 active companies are registered at this addressSource: KBO register, as of 7 November 2026.
- Activity
- Other legal servicesNACE 69109and 3 others
- Establishment unit
- 2.281.859.0788530 Harelbeke, since 29-10-2018
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- ≈ €11,000estimated
- €22,281▲ 4.8%
- Filing
- Filed on 26-05-2026, 66 days before the end of the filing period
Insights on WOODCOUSTICS
WOODCOUSTICS files the micro format. That format states no turnover. The gross margin rose from €925 in 2019 to €1,934 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WOODCOUSTICS
- What is the company number of WOODCOUSTICS?
- The company number of WOODCOUSTICS is 0712.650.882. The VAT number is the same number with BE in front: BE 0712.650.882.
- Where is WOODCOUSTICS based?
- The registered office is at Generaal Deprezstraat 2, 8530 Harelbeke.Company details
- What does WOODCOUSTICS do?
- According to the KBO register, the main activity is other legal services (NACE 69109).
- What is the legal form of WOODCOUSTICS?
- WOODCOUSTICS is a private limited company (BV).
- When was WOODCOUSTICS founded?
- WOODCOUSTICS was founded on 29-10-2018.
- Is WOODCOUSTICS still active?
- Yes, WOODCOUSTICS is an active enterprise in the KBO register.
- What is the turnover of WOODCOUSTICS?
- The turnover in financial year 2025 is ≈ €11,000. This figure is estimated from the gross margin of €1,934 and 35 comparable companies (NACE 691). It probably lies between €6,300 and €26,000. It is a rough estimate.Financials
- Is WOODCOUSTICS profitable?
- In financial year 2025, WOODCOUSTICS made a profit of €1,015.
- Where can I find the annual accounts of WOODCOUSTICS?
- WOODCOUSTICS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WOODCOUSTICS due?
- WOODCOUSTICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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