Woodeffect

Active

Private limited companyfounded 20206 yrs activeZeebruggelaan 26, 8370 Blankenberge, BelgiumKBO/BCE: BE 0744.677.512

The computed 12-month bankruptcy probability of Woodeffect is 4.1% (elevated). The 2025 annual accounts show equity of €95k and a net result of €28k. Its solvency ranks better than 68% of 13270 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2025

59 / 100

Fair

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

Axes

Profitability87

Solvency76

Growth-

Track record85

Bankruptcy probability, 12 months

4.1% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days only on tighter terms

Liquidity short (current ratio 0.99; short-term debt: 15.4% and cash: 13.2% of total assets), and 49% of the assets are financed with debt.

How do we compute the score and the probability?

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

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

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

51%

Return on assets

14.9%

Age of the figures

9 mo

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 · 1 filing

Deviation from the deadline

2025

1 d early

← before the deadline after the 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

€95k

Total assets

€187k

Net result

€28k

Working capital

€-279

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

Balance-sheet composition

Assets €187k

84.8%

15.2%

Fixed assets €158k

Current assets €28k

Equity and liabilities €187k

51.0%

49.0%

Equity €95k

Debt €91k

Debt finances 49.0% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€60k

Cash flow

€42k

Solvency

51.0%

Current ratio

0.99

Quick ratio

0.99

Debt / equity

0.96

ROE

29.2%

ROA

14.9%

Interest coverage

17.34

Debt

€91k

Debt ≤ 1 year

€29k

Debt > 1 year

€61k

Income taxes

€14k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€187k

Fixed assets21/28€158k

Tangible fixed assets22/27€158k

Land and buildings22€127k

Plant, machinery and equipment23€29k

Furniture and vehicles24€2k

Current assets29/58€28k

Amounts receivable within one year40/41€4k

Other amounts receivable41€4k

Cash at bank and in hand54/58€25k

Equity and liabilities

Total equity and liabilities10/49€187k

Equity10/15€95k

Contributions10/11€1k

Reserves13€94k

Distributable reserves133€94k

Amounts payable17/49€91k

Amounts payable after more than one year17€61k

Financial debts170/4€38k

Other amounts payable178/9€23k

Amounts payable within one year42/48€29k

Current portion of amounts payable after more than one year42€11k

Trade debts44€939

Suppliers440/4€939

Taxes, remuneration and social security45€17k

Taxes450/3€17k

Accrued charges and deferred income492/3€2k

Income statement Code2025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k

Other operating charges640/8€2k

Gross operating margin9900€62k

Operating profit (loss)9901€45k

Financial income75/76B€23

Recurring financial income75€23

Financial charges65/66B€3k

Recurring financial charges65€3k

Profit (loss) for the period before taxes9903€42k

Income taxes67/77€14k

Profit (loss) for the period9904€28k

Profit (loss) for the period to be appropriated9905€28k

Appropriation of the result

Profit (loss) to be appropriated9906€28k

Transfer to equity691/2€28k

To other reserves6921€28k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 1Filings 1

2026

30-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

NBB filing

Directors · office · real estate

Directors

3 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, Blankenberge · 2 establishment units since 2020

establishment approximate All 2 establishment units 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.

Zeebruggelaan 268370 Blankenberge

Ground area

1,397 m²

Building footprint

1,394 m²

Volume, LiDAR

24,570 m³

2 parcels, Flanders · tallest building 34.3 m, ±10 floors. Linked by address, not a title deed.

2 establishment units

Woodeffect

Zeebruggelaan 26, 8370 BlankenbergeManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20202.300.372.123

Labitude

Zeedijk ZN, 8370 BlankenbergeCafés and bars

since 20252.367.442.079

2 parcels

Flanders 2 (100%)