WOODESIGN
InactiveWOODESIGN was declared bankrupt on 28-02-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 11-10-2022, published in the Belgian State Gazette on 17-10-2022.
No longer registered with the KBO; last annual accounts for fiscal year 2019.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline23-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 30-11-2020, 122 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2019, micro schema
Equity
€-63k▼ 66.4%
2018 · €-38k
2018: €-38k
2018 → 2019
Total assets
€14k▼ 51.8%
2018 · €30k
2018: €30k
2018 → 2019
Net result
€-25k▲ 27.7%
2018 · €-35k
2018: €-35k
2018 → 2019
Working capital
€-70k▼ 46.4%
2018 · €-48k
2018: €-48k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€-38k-€-63k▼ 66.4%
Operating result€-35k-€-21k▲ 39.3%
Net result€-35k-€-25k▲ 27.7%
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 €21k in 2019 against €35k in 2018; the loss shrinks.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €14k
Fixed assets
€14k▼ 33.1%
Current assets
€183▼ 97.8%
Key figures and ratios
EBITDA
€-14k▲
2018 · €-32k
Cash flow
€-18k▲
2018 · €-32k
Solvency
-442.1%▼
2018 · -128.1%
Current ratio
0.00▼
2018 · 0.15
Quick ratio
0.00▼
2018 · 0.15
Debt / equity
-0.11▲
2018 · -0.29
ROA
-176.4%▼
2018 · -117.7%
Debt
€77k▲
2018 · €67k
Debt ≤ 1 year
€70k▲
2018 · €56k
Debt > 1 year
€7k▼
2018 · €11k
Income taxes
€162
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 · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€30k€14k▼
Fixed assets21/28€21k€14k▼
Tangible fixed assets22/27€18k€11k▼
Financial fixed assets28€3k€3k=
Current assets29/58€9k€183▼
Amounts receivable within one year40/41€8k€8▼
Cash at bank and in hand54/58€66-
Equity and liabilities
Total equity and liabilities10/49€30k€14k▼
Equity10/15€-38k€-63k▼
Contributions10/11€100€100=
Profit (loss) carried forward14€-38k€-63k▼
Amounts payable17/49€67k€77k▲
Amounts payable after more than one year17€11k€7k▼
Amounts payable within one year42/48€56k€70k▲
Trade debts44€7k€13k▲
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€7k▲
Gross operating margin9900€-32k€-14k▲
Operating profit (loss)9901€-35k€-21k▲
Recurring financial income75€51-
Recurring financial charges65€330€4k▲
Profit (loss) for the period before taxes9903€-35k€-25k▲
Income taxes67/77-€162
Profit (loss) for the period9904€-35k€-25k▲
Profit (loss) for the period to be appropriated9905€-35k€-25k▲
Timeline · acts, filings and financial milestones
2022
17-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · WOODESIGN SRL AVENUE EUGENE DEMOLDER 65, 1030 Schaerbeek. déclarée le 28 février 2022 · event 11-10-2022
07-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · WOODESIGN SRL AVENUE EUGENE DEMOLDER 65, 1030 Schaerbeek · event 28-02-2022
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
SignalNBB filing
Directors · office · real estate
Directors
5 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | FREDERIK DE VULDER 59 B, AVENUE REINE ASTRID
(BTE 3), 1780 WEMMEL |
28-02-2022 → present |