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WOODFRAMES

Active Private limited companyfounded 1998active for 28 yearsHontseindestraat 89, 9981 Sint-LaureinsKBO/BCE: BE 0462.820.157 #5 company by total assets in Sint-Laureins, Construction sector

Lifetime

18 annual accounts with figures on one time axis, 26 filings since 1998
peak €1.6m (2012)
€1.2m▲ 0.6%
lowest -€112,589 (2012)
€144,474▼ 15.2%
peak €751,628 (2025)
€751,628▲ 23.8%
€1.4m▼ 12.4%
peak 15.7 FTE (2012)
10 FTEunchanged
Board2 names since 1998
2 directors and 1 other
Documentsfilings and deeds
30-01-20261 day before the deadline
2025abbreviated format
Equity from €607,154 to €751,628Cash from €13,997 to €43,180

Key points

from the 2025 annual accounts

Equity

€751,628 ▲ 23.8%

WOODFRAMES has made a profit without a break since 2020.

Turnover

≈ €3.3m estimated

The abbreviated format states no turnover.

Investments

€59,274 0.4 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Staff

10 FTE from 15.7 in 2012

Between 2012 and 2025, 36% of the full-time equivalents disappeared.

Filings

26 annual accounts since 1998
deadline200020102020

Two of the last ten came late. The 2019 accounts came latest: 21 days after the end of the period.

Position in the sector

€1.2m

Higher gross margin than 85% of companies in specialised construction. Sector median €356,238 · 9,265 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,135 companies had the same profile as WOODFRAMES has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 20,135 companies, not a prediction for WOODFRAMES. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 14-03-1998
Director, since 12-07-2002
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0462820157
Change of role: , from manager to director Appointment: (director) · “Alle schrijnwerkerij, en timmerwerk, zowel binnen- als buitenschrijnwerk en/of timmerwerk; Het maken van alle…” (deed in Dutch) · Director discharge: · Gazette deed
Environmental permit granted Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen · Sint-Laureins
Environmental permit granted Nieuwbouw of aanleggen · Sint-Laureins
All 41 events

Comparable companies

same main activity, similar in size and age
Company
WOODFRAMES Sint-Laureins €2.2m €1.2m 34.8% 10
COBA Seneffe €2.1m €1.0m 81.5% 9.8
B-LUX CHASSIS Mettet €2.2m €1.1m 39.1% 8.9
Kitchen Pro Hasselt €1.8m €1.4m 60.6% 9.8
BO - GARDEN Stekene €1.9m €0.9m 45.3% 10.2
EUROPEN Ghent €2.3m €0.9m 59.4% 9.3
PGE Assenede €2.4m €1.2m 96.5% 12.5

These companies have the same main activity as WOODFRAMES: joinery installation (NACE 43320). They are comparable in size and age: total assets between €1.8m and €2.4m, founded between 1999 and 2003.

Official details

Source: KBO
Status
Active since 04-03-1998Normal situation
Activity
Joinery installationNACE 43320and 5 others
Joint committees
200Auxiliary committee for white-collar workers
124Construction · annual accounts 30-06-2024
Establishment unit
2.086.671.6219981 Sint-Laureins, since 04-05-1998
Financial year end
30 June
Peppol
Reachable since 26-08-2025
Company details

Annual accounts to 30-06-2025

€2.2m▼ 2.5%
Employeeson 30-06-2025
10▼ 9.1%
Filing
Filed on 30-01-2026, 1 day before the end of the filing period
Financials

Insights on WOODFRAMES

WOODFRAMES files the abbreviated format. That format states no turnover. The gross margin rose from €400,961 in 2006 to €1.2m in 2025.

The balance sheet grew most from 2015 to 2017 through fixed assets.

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 WOODFRAMES

What is the company number of WOODFRAMES?
The company number of WOODFRAMES is 0462.820.157. The VAT number is the same number with BE in front: BE 0462.820.157.
Where is WOODFRAMES based?
The registered office is at Hontseindestraat 89, 9981 Sint-Laureins.Company details
What does WOODFRAMES do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of WOODFRAMES?
WOODFRAMES is a private limited company (BV).
When was WOODFRAMES founded?
WOODFRAMES was founded on 04-03-1998.
Is WOODFRAMES still active?
Yes, WOODFRAMES is an active enterprise in the KBO register.
How many employees does WOODFRAMES have?
WOODFRAMES had an average of 10 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does WOODFRAMES fall under?
In its 30-06-2024 annual accounts, WOODFRAMES states joint committees 200 (Auxiliary committee for white-collar workers) and 124 (Construction).
What is the turnover of WOODFRAMES?
The turnover in financial year 2025 is ≈ €3.3m. This figure is estimated from the gross margin of €1.2m and 67 comparable companies (NACE 43). It probably lies between €2.6m and €4.5m.
Is WOODFRAMES profitable?
In financial year 2025, WOODFRAMES made a profit of €144,474.
Where can I find the annual accounts of WOODFRAMES?
WOODFRAMES filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WOODFRAMES due?
WOODFRAMES must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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