WOODFRAMES
ActiveSummary
WOODFRAMES has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €751,628 and a net result of €144,474. Equity has been growing by about 15% per year since 2019. Its solvency ranks better than 38% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 04-03-1998 Normal situation
- Activity
- Joinery installation NACE 43320and 5 others
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 30-06-2024
- Establishment unit
- 2.086.671.621 9981 Sint-Laureins, since 04-05-1998
- Financial year end
- 30 June
- Peppol
- Reachable since 26-08-2025
Board and ownership
Board
- MARTENS Peter Rudi AgnesDirector · since 14-03-1998
- STRYMES Sophie Jan Andrea AchielDirector · since 12-07-2002
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
Annual accounts to 30-06-2025
- Gross margin
- €1.2m
- ▲ 0.6%
- Turnover
- ≈ €3.3m
- estimated
- Profit
- €144,474
- ▼ 15.2%
- Equity
- €751,628
- ▲ 23.8%
- Total assets
- €2.2m
- ▼ 2.5%
- Employees on 30-06-2025
- 10
- ▼ 9.1%
Filed on 30-01-2026, 1 day before the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.17, cash €43,180lowers riskFounded in 1998Profit of €144,474 (financial year 2025)Show the evidence
Checked score
Score 2025
84
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 55% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency
60+8
equity 34.8% of total assets
Liquidity
35+4
short-term debt 37.3% · cash 2.0%
Profitability
77-1
return on assets 6.7%
Bankruptcy probability within 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%highest value
01-2025: 0.4%▼ -0.7 percentage points vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.5%▲ +0.1 percentage points vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.6%▲ +0.1 percentage points vs 12-2025
02-2026: 0.4%▼ -0.2 percentage points vs 01-2026lowest value
03-2026: 0.4%● unchanged vs 02-2026lowest value
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.17 (0.98 in 2024), below the usual 1.5. Short-term debt is 37.3% and cash 2% of total assets. 65.2% of the assets are financed with debt and provisions.
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 43, small). It does better than 45% of them on solvency, 32% on liquidity, 64% on profitability and 80% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
42 days early
2023
on the day
2022
1 day early
2021
on the day
2020
5 days late
2019
21 days late
← 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 3 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-01-2026 PDF all 26 filings
Turnover
≈ €3.3m
Estimated: probably between €2.5m and €4.4m
Total assets
€2.2m▼ 2.5%
2024 · €2.2m
Net result
€144,474▼ 15.2%
2024 · €170,320
Working capital
€140,061
2024 · -€17,268
In the rankings
#5 company by total assets in Sint-Laureins, Construction sector#6 company by equity in Sint-Laureins, Construction sector#7 oldest company in Sint-Laureins, Construction sector
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 8% lower than in 2024.
Operating result€0.3m
2025
Net result€0.1m
2025
Total assets€2.2m
2025
Equity€0.8m
2025
Debt€1.4m
2025
Working capital€0.1m
2025
Return on assets (ROA)6.7%
2025
Solvency34.8%
2025
Current ratio1.17
2025
Staff (FTE)10
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.02m-€0.08m▲ 338%€0.1m▲ 62.5%€0.1m▲ 12.8%€0.1m▼ 19.2%€0.3m▲ 175%€0.3m▼ 8.2%
Net result-€0.1m-€0.006mwithin the sector's middle half€0.03mwithin the sector's middle half▲ 455%€0.06mwithin the sector's middle half▲ 76.0%€0.03mwithin the sector's middle half▼ 39.9%€0.2mabove the sector's middle half▲ 409%€0.1mabove the sector's middle half▼ 15.2%
Equity€0.3m-€0.3mwithin the sector's middle half▲ 1.8%€0.4mwithin the sector's middle half▲ 9.3%€0.4mwithin the sector's middle half▲ 15.3%€0.4mwithin the sector's middle half▲ 7.8%€0.6mwithin the sector's middle half▲ 38.5%€0.8mabove the sector's middle half▲ 23.8%
Total assets€2.1m-€2.0mabove the sector's middle half▼ 3.4%€1.9mabove the sector's middle half▼ 7.6%€1.9mabove the sector's middle half▼ 2.1%€2.2mabove the sector's middle half▲ 20.7%€2.2mabove the sector's middle half▼ 0.9%€2.2mabove the sector's middle half▼ 2.5%
Debt€1.8m-€1.7m▼ 4.3%€1.5m▼ 10.7%€1.4m▼ 6.1%€1.8m▲ 24.4%€1.6m▼ 10.5%€1.4m▼ 12.4%
Working capital-€0.1m-€0.05mwithin the sector's middle half€0.2mwithin the sector's middle half▲ 234%€0.2mwithin the sector's middle half▲ 2.3%€0.06mwithin the sector's middle half▼ 64.1%-€0.02mbelow the sector's middle half€0.1mwithin the sector's middle half
Solvency15.0%-15.8%below the sector's middle half▲ 0.8pp18.7%below the sector's middle half▲ 2.9pp22.0%below the sector's middle half▲ 3.3pp19.6%below the sector's middle half▼ 2.3pp27.4%within the sector's middle half▲ 7.8pp34.8%within the sector's middle half▲ 7.4pp
Current ratio0.90-1.05below the sector's middle half▲ 0.151.22within the sector's middle half▲ 0.161.22within the sector's middle half=1.06below the sector's middle half▼ 0.160.98below the sector's middle half▼ 0.081.17within the sector's middle half▲ 0.19
Return on assets (ROA)-5.0%-0.3%below the sector's middle half▲ 5.3pp1.7%within the sector's middle half▲ 1.4pp3.0%within the sector's middle half▲ 1.3pp1.5%within the sector's middle half▼ 1.5pp7.7%within the sector's middle half▲ 6.2pp6.7%within the sector's middle half▼ 1.0pp
Staff (FTE)11.3-8.9within the sector's middle half▼ 21.2%9.2within the sector's middle half▲ 3.4%8.9within the sector's middle half▼ 3.3%9.1within the sector's middle half▲ 2.2%10above the sector's middle half▲ 9.9%10above the sector's middle half=
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets
€1.2m ▼ 7.7%
Current assets
€944,736 ▲ 5.1%
Equity and liabilities €2.2m
Equity
€751,628 ▲ 23.8%
Debt
€1.4m ▼ 12.4%
Debt's share of the balance-sheet total falls from 72.6% to 65.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€452,396▲
2024 · €449,605
Cash flow
€305,528▲
2024 · €302,608
Quick ratio
0.55▲
2024 · 0.47
Debt to equity
1.87▼
2024 · 2.65
ROE
19.2%▼
2024 · 28.1%
Interest coverage
6.08▼
2024 · 6.16
Debt ≤ 1 year
€804,675▼
2024 · €916,178
Debt > 1 year
€593,420▼
2024 · €683,186
Income taxes
€77,623▼
2024 · €80,179
Staff costs
€697,162▲
2024 · €691,381
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 9 | 11 | 11 | 10 |
| full-time | 8 | 9 | 8 | 9 |
| part-time | 1 | 2 | 3 | 1 |
| in full-time equivalents | 8.4 | 9.4 | 8.9 | 9.6 |
| Average over the year, in full-time equivalents | 8.9 | 9.1 | 10 | 10 |
| On a permanent contract | 7 | 9 | 8 | 8 |
| Joined | 8 | 4 | 6 | 3 |
| Left | 9 | 2 | 6 | 3 |
| Training hours | 14 | - | - | - |
Source: social balance sheet in the 2022 to 2025 annual accounts
Securities and guarantees
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €532,134 | €427,628 | €378,712 | €359,441 |
| Mortgages, amount registered | €728,317 | €728,317 | €728,317 | €728,317 |
| Mortgage mandates | €500,000 | €500,000 | €500,000 | €500,000 |
| Carrying value of the mortgaged assets | €754,573 | €860,394 | €1.1m | €1.1m |
| Pledge on the business | €75,000 | €75,000 | €75,000 | €75,000 |
| Pledge on other assets, amount secured | €125,000 | €125,000 | €125,000 | €125,000 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €48,931 | €282,190 | €418,862 | €59,274 |
| Financial fixed assets | - | - | - | €680 |
| Depreciation and write-downs of the year | €106,086 | €99,225 | €132,288 | €161,054 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 5 entries · €8,340 awarded · €8,968 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €2,112 | €2,112 |
| 2024 | 1 | €1,462 | €1,462 |
| 2023 | 1 | €0 | €628 |
| 2022 | 1 | €4,766 | €4,766 |
Comparable companies
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.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| WOODFRAMES Sint-Laureins | 1998 | €2.2m | €0.8m | €1.2m | €0.1m | 10 | 2025 |
| COBA Seneffe | 1999 | €2.1m | €1.7m | €1.0m | €0.4m | 9.8 | 2025 |
| B-LUX CHASSIS Mettet | 2002 | €2.2m | €0.9m | €1.1m | €0.3m | 8.9 | 2026 |
| Kitchen Pro Hasselt | 1999 | €1.8m | €1.1m | €1.4m | €0.6m | 9.8 | 2025 |
| BO - GARDEN Stekene | 2000 | €1.9m | €0.9m | €0.9m | €0.04m | 10.2 | 2025 |
| EUROPEN Gent | 2003 | €2.3m | €1.4m | €0.9m | €0.2m | 9.3 | 2025 |
| PGE Assenede | 2002 | €2.4m | €2.3m | €1.2m | €0.2m | 12.5 | 2024 |
They were chosen from the 9,053 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 20,136 companies had the same profile as WOODFRAMES has now. Two years later, 0.2% had gone bankrupt and 95.0% were still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95.0%
was still going
That fits the bankruptcy probability of WOODFRAMES itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 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 20,136 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.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.005m | €0.001m | €0.04m | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.6m | €0.7m | €0.7m | €0.7m | ▲ 0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.3m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 21.7% |
| Other operating charges640/8 | - | - | - | €0.01m | €0.01m | €0.04m | €0.04m | ▼ 3.8% |
| Non-recurring operating charges66A | - | - | - | €0.002m | - | - | - | - |
| Gross operating margin9900 | €1.6m | €0.8m | €0.9m | €0.8m | €0.9m | €1.2m | €1.2m | ▲ 0.6% |
| Operating profit (loss)9901 | €0.02m | €0.08m | €0.1m | €0.1m | €0.1m | €0.3m | €0.3m | ▼ 8.2% |
| Financial income75/76B | - | - | - | €0.01m | €0.01m | €0.006m | €0.005m | ▼ 15.7% |
| Recurring financial income75 | €193 | €0.009m | €0.01m | €0.01m | €0.01m | €0.006m | €0.005m | ▼ 15.7% |
| Financial charges65/66B | - | - | - | €0.05m | €0.06m | €0.07m | €0.07m | ▲ 2.0% |
| Recurring financial charges65 | €0.1m | €0.06m | €0.07m | €0.05m | €0.06m | €0.07m | €0.07m | ▲ 2.0% |
| Profit (loss) for the period before taxes9903 | -€0.1m | €0.03m | €0.07m | €0.1m | €0.07m | €0.3m | €0.2m | ▼ 11.3% |
| Income taxes67/77 | €0.003m | €0.02m | €0.04m | €0.05m | €0.04m | €0.08m | €0.08m | ▼ 3.2% |
| Profit (loss) for the period9904 | -€0.1m | €0.006m | €0.03m | €0.06m | €0.03m | €0.2m | €0.1m | ▼ 15.2% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.005m | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€0.1m | €0.006m | €0.05m | €0.06m | €0.03m | €0.2m | €0.1m | ▼ 15.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.1m | €2.0m | €1.9m | €1.9m | €2.2m | €2.2m | €2.2m | ▼ 2.5% |
| Formation expenses20 | €0.005m | €0.002m | - | - | - | - | - | - |
| Fixed assets21/28 | €1.1m | €1.0m | €0.9m | €0.9m | €1.0m | €1.3m | €1.2m | ▼ 7.7% |
| Intangible fixed assets21 | €297 | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €1.1m | €1.0m | €0.9m | €0.8m | €1.0m | €1.3m | €1.2m | ▼ 7.8% |
| Land and buildings22 | - | - | - | €0.8m | €0.9m | €1.1m | €1.0m | ▼ 4.5% |
| Plant, machinery and equipment23 | - | - | - | €0.06m | €0.06m | €0.1m | €0.1m | ▼ 16.6% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.1m | €0.1m | €0.07m | ▼ 32.2% |
| Financial fixed assets28 | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | ▲ 18.7% |
| Current assets29/58 | €1.0m | €1.0m | €1.0m | €1.0m | €1.2m | €0.9m | €0.9m | ▲ 5.1% |
| Stocks and contracts in progress3 | €0.4m | €0.4m | €0.3m | €0.4m | €0.5m | €0.5m | €0.5m | ▲ 6.9% |
| Stocks30/36 | - | - | - | €0.3m | €0.3m | €0.4m | €0.3m | ▼ 9.7% |
| Contracts in progress37 | - | - | - | €0.1m | €0.2m | €0.1m | €0.2m | ▲ 60.4% |
| Amounts receivable within one year40/41 | €0.5m | €0.5m | €0.6m | €0.6m | €0.6m | €0.4m | €0.4m | ▼ 2.7% |
| Trade receivables40 | - | - | - | €0.4m | €0.5m | €0.3m | €0.3m | ▼ 4.4% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.2m | €0.06m | €0.07m | ▲ 6.0% |
| Cash at bank and in hand54/58 | €0.03m | €0.05m | €0.03m | €0.02m | €0.06m | €0.01m | €0.04m | ▲ 208% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.03m | €0.03m | €0.03m | ▼ 17.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.1m | €2.0m | €1.9m | €1.9m | €2.2m | €2.2m | €2.2m | ▼ 2.5% |
| Equity10/15 | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | €0.6m | €0.8m | ▲ 23.8% |
| Contributions10/11 | €0.05m | - | - | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Revaluation surpluses12 | - | - | - | €0.01m | - | - | - | - |
| Reserves13 | €0.1m | €0.2m | €0.2m | €0.3m | €0.4m | €0.6m | €0.7m | ▲ 26.0% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.006m | €0.006m | - | - | - |
| Distributable reserves133 | - | - | - | €0.3m | €0.4m | €0.6m | €0.7m | ▲ 26.0% |
| Amounts payable17/49 | €1.8m | €1.7m | €1.5m | €1.4m | €1.8m | €1.6m | €1.4m | ▼ 12.4% |
| Amounts payable after more than one year17 | €0.7m | €0.7m | €0.7m | €0.6m | €0.7m | €0.7m | €0.6m | ▼ 13.1% |
| Financial debts170/4 | - | - | - | €0.6m | €0.7m | €0.7m | €0.6m | ▼ 13.1% |
| Amounts payable within one year42/48 | €1.1m | €1.0m | €0.8m | €0.8m | €1.1m | €0.9m | €0.8m | ▼ 12.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 17.5% |
| Financial debts43 | - | - | - | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 25.1% |
| Credit institutions430/8 | - | - | - | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 25.1% |
| Trade debts44 | €0.4m | €0.3m | €0.3m | €0.3m | €0.4m | €0.2m | €0.3m | ▲ 9.2% |
| Suppliers440/4 | - | - | - | €0.3m | €0.4m | €0.2m | €0.3m | ▲ 9.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 11.8% |
| Taxes450/3 | - | - | - | €0.05m | €0.09m | €0.1m | €0.1m | ▲ 28.5% |
| Remuneration and social security454/9 | - | - | - | €0.04m | €0.1m | €0.08m | €0.03m | ▼ 60.1% |
| Other amounts payable47/48 | - | - | - | €0.002m | €0.002m | €0.002m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.005m | €0.008m | €0.008m | €0.01m | ▲ 18.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€106,140 | €5,692 | €31,598 | €55,619 | €33,433 | €170,320 | €144,474 | ▼ 15.2% |
| + Depreciation and write-downs630 | €300,886 | €150,299 | €119,739 | €106,086 | €99,225 | €132,288 | €161,054 | ▲ 21.7% |
| Operating cash flow (approximation) | €194,746 | €155,991 | €151,336 | €161,705 | €132,658 | €302,608 | €305,528 | ▲ 1.0% |
| Investment in fixed assets (approximation) | - | -€55,400 | -€19,193 | -€48,931 | -€281,900 | -€412,235 | -€59,954 | ▲ 85.5% |
| Change in cash | - | €29,568 | -€21,826 | -€8,423 | €31,851 | -€42,397 | €29,183 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 30-01-2026 | 2026-00019758 | |
| 30-06-2024 | abbreviated format | 20-12-2024 | 2024-00621708 | |
| 30-06-2023 | abbreviated format | 31-01-2024 | 2024-00017836 | |
| 30-06-2022 | abbreviated format | 30-01-2023 | 2023-00009612 | |
| 30-06-2021 | abbreviated format | 31-01-2022 | 2022-03500361 | |
| 30-06-2020 | abbreviated format | 05-02-2021 | 2021-04900464 | |
| 30-06-2019 | abbreviated format | 21-02-2020 | 2020-05400291 | |
| 30-09-2017 | abbreviated format | 21-11-2017 | 2017-70000371 | |
| 30-09-2016 | abbreviated format | 29-03-2017 | 2017-07900314 | |
| 30-09-2015 | abbreviated format | 31-03-2016 | 2016-09500071 |
Board & ownership
Directors
Directors
2 directors, last change in 2024
MARTENS Peter Rudi Agnes
Current
Onbezoldigd statutair bestuurder · since 14-03-1998 · listed in the 2025 annual accounts, filed on 30-01-2026
STRYMES Sophie Jan Andrea Achiel
Current
Director (not named in the articles) · since 12-07-2002 · earlier manager, until 12-03-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 30-01-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 13. Bevoegdheden van het bestuursorgaan. Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
deed of 12-03-2024Owners and capital
Capital transactions
Capital over time
- 12-03-2024 Converted to unavailable equity
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MARTENS Peter Rudi Agnes |
|
| STRYMES Sophie Jan Andrea Achiel |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, algemene vergadering die bestuurders benoemt bepaalt aantal,duur opdracht en bij meerdere bestuurders bevoegdheid”“Geboekt op algemene kosten,los van representatie-,reis- en verplaatsingskosten, algemene vergadering beslist of mandaat al dan niet ten…”
Articles of association, deed of 12-03-2024 (in Dutch)
Network & group
WOODFRAMES shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of WOODFRAMES. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
30-01
abbreviated format · 1 day before the deadline
2024
20-12
abbreviated format · 42 days before the deadline
30-06
Financial
Highest result from 2019 to 2025net €170,320 ▲409%
The operating result of €317,316 and the net result of €170,320 are both a record.
30-06
Financial
Equity above €500,000equity €607,154 ▲38.5%
After 5 profitable years in a row, equity reaches €607,154.
12-03
Gazette deed
Change of role: STRYMES Sophie Jan Andrea Achiel, from manager to directorAppointment: MARTENS Peter Rudi Agnes (onbezoldigd statutair bestuurder) · Capital conversion · Purpose change14 points ▸
Gazette deed
Change of role: STRYMES Sophie Jan Andrea Achiel, from manager to director
Appointment: MARTENS Peter Rudi Agnes (onbezoldigd statutair bestuurder) · Capital conversion · Purpose change14 points ▸
- General meeting, “buitengewone algemene vergadering, eenparigheid van stemmen” (deed in Dutch)
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “opheffing statutair onbeschikbare eigen vermogensrekening, opheffen en beschikbaar maken voor uitkering” (deed in Dutch)
- Purpose change
- Other provision, “aanneming volledig nieuwe statuten in overeenstemming met WVV, volledig nieuwe statuten aannemen als gevolg van voorgaande besluiten” (deed in Dutch)
- Capital
- Other provision, “TITEL III.EFFECTEN, alleen weglatingsteken (...)afgedrukt,geen bepaling overgenomen” (deed in Dutch)
- Director appointment, MARTENS Peter Rudi Agnes (onbezoldigd statutair bestuurder)
- Power of attorney, Philip BAUWENS
- Director resignation, STRYMES Sophie Jan Andrea Achiel (manager)
- Director appointment, STRYMES Sophie Jan Andrea Achiel (director (not named in the articles))
- The act holds 2 more points.
31-01
abbreviated format · on the deadline day
2023
30-01
abbreviated format · 1 day before the deadline
2022
31-01
abbreviated format · on the deadline day
2021
05-02
abbreviated format · 5 days late
2020
30-06
Financial
Back to profitnet €5,692
The net result is €5,692, after one loss-making year.
21-02
abbreviated format · 21 days late
2017
21-11
abbreviated format · 160 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
WOODFRAMES in Dutch
Enterprise number
0462.820.157
Legal form
Private limited company
Status
Active, normale toestand
Founded
04-03-1998
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 12-03-2024 (in Dutch)Registered office and establishments
Registered office
Hontseindestraat(STM) 89, 9981 Sint-Laureins, Belgium
Establishment unit
WOODFRAMES, Hontseindestraat(STM) 89, 9981 Sint-Laureins since 04-05-1998 · unit number 2.086.671.621
Activities
NACEBEL 2025VAT activities
43320
Joinery installation main activity
46130
Agents in the wholesale of timber and building materials
47521
Retail sale of hardware, building materials, paint and glass (general range)
47522
Retail trade
47524
Retail trade
47529
Retail trade
Social security (RSZ) activities
43320
Joinery installation main activity
Codes under NACEBEL 2008
VAT activities
43320
Joinery installation main activity
46130
Wholesale trade
47521
Retail trade
47522
Retail trade
47524
Retail trade
47529
Retail trade
Social security (RSZ) activities
43320
Joinery installation main activity
Codes under NACEBEL 2003
VAT activities
45421
main activity
Social security (RSZ) activities
45421
main activity
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
124 Paritair Comité voor het bouwbedrijf annual accounts 30-06-2024
Invoicing and payment
VAT number
BE 0462.820.157
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0462.820.157
Financial year and general meeting
Accounts at the NBBFinancial year end
30-06
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of December at 20:00
deed of 12-03-2024 (in Dutch)Recognitions · licences · registrations
Recognised contractor
4 categoriesWOODFRAMES BVapproval number 26895
- D4 Sound and heat insulation, light partitions, false ceilings and floorsclass 1, up to €162,000
- D5 General joinery, timber roof trusses and stairsclass 4, up to €1,080,000
- D14 Glazingclass 1, up to €162,000
- D20 Metal joineryclass 1, up to €162,000
Dual-learning approval
8 live approvals · 2 endedBinnen- en buitenschrijnwerk duaal (so)
Buitenschrijnwerker hout duaal (so)
Buitenschrijnwerker hout duaal (so)
Machinaal houtbewerker duaal (so)
Machinaal houtbewerker duaal (so)
Medewerker hout duaal (so)
Show 2 more
Medewerker hout duaal (so)
Operator CNC-gestuurde houtbewerkingsmachines duaal (so)
Show 2 ended approvals
Buitenschrijnwerker (so)
Machinaal houtbewerker (so)
Environmental permits
4 applications in Flanders since 2020 · 3 granted
Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen
Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen
Nieuwbouw of aanleggen
Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the address
Ground area
1.1 ha
Building footprint
1,537 m²
Building volume
7,289 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 43015B0323/00G000 | Flanders | 1.1 ha | 1 · 1,537 m² | 6.8 m · 2 |