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WOODINNOVATION

Active
Public limited companyfounded 2019active for 6 yearsBorn,Kaiserbaracke 3, 4770 Amel, BelgiumKBO/BCE: BE 0739.598.472

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

WOODINNOVATION has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €812,682 and a net result of €264,618. Equity has been growing by about 32% per year since 2020. Its solvency ranks better than 25% of 173 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

KBO
Status
Active since 13-12-2019 Normal situation
Activity
Manufacture of other builders' carpentry and joinery NACE 16230and 1 other
Establishment unit
2.297.888.725 4770 Amel, since 13-12-2019
Financial year end
31 December
Peppol
Reachable since 15-10-2025

Board and ownership

Board
Holdings
Shares in 1 company Woodinnovation Lux Sàrl

Financial position

71 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€853,955
▲ 2.7%
Turnover
≈ €2.0m
estimated
Profit
€264,618
▼ 4.7%
Equity
€812,682
▲ 13.7%
Total assets
€2.8m
▲ 11.3%
Employees on 31-12-2025
7
▲ 16.7%
Filed on 24-07-2026, 7 days before the deadline
Score breakdownraises riskFounded in 2019Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)lowers riskFigures for financial year 2025 (filed on 24-07-2026)Legal form: public limited companyShow the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 52% of micro companies in wood and cork (NACE 16)
Financial strength · tick: 2024
Average
Solvency 54+1
equity 29.0% of total assets
Liquidity 43-1
short-term debt 45.5% · cash 12.1%
Profitability 81-2
return on assets 9.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,032 companies, NACE 16, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025lowest value 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.6%▲ +0.2 percentage points vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.9%▲ +0.1 percentage points vs 05-2026 07-2026: 1.2%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 0.6%▼ -0.6 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.34 (1.44 in 2024), below the usual 1.5. Short-term debt is 45.5% and cash 12.1% of total assets. 71% 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 16, micro). It does better than 37% of them on solvency, 33% on liquidity, 71% on profitability and 66% 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).

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

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Figures for financial year 2025 (filed on 24-07-2026)
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
KBO
lowers risk · Legal form: public limited company
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 173 sector peers (2025).
NBB · sector comparison
Position among 173 sector peers
Solvency
better than 25%
← weakest strongest →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
7 days early
2024
7 days early
2023
8 days early
2022
22 days late
2021
26 days late
2020
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 9 days after the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% 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 24 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 8th largest company by total assets in Amblève, Manufacturing sectorin the Checked rankings No. 8 View
  • Positive: 5 profitable years in a rowprofit 2025: €264,618 5 years View

Comparable companies

These companies have the same main activity as WOODINNOVATION: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €1.5m and €2.8m, founded between 2013 and 2019.

CompanyTotal assetsGross margin
WOODINNOVATION Amel€2.8m€0.9m
GABLOK Thimister-Clermont€2.8m€0.6m
Houtconstructie Desmyter Roeselare€1.7m€0.6m
TUINHUIZEN COCKAERTS Mechelen€1.5m€0.6m
Trappenmakerij Wim Van Loon Essen€1.9m€0.9m
BeliNoord Peer€1.6m€0.5m
VERANDA SERVICE Gembloux€1.6m€0.6m
Full comparison

Documents

Annual accounts at the NBB

All 6 annual accounts

Articles and registers

Key facts about WOODINNOVATION

What is the company number of WOODINNOVATION?
The company number of WOODINNOVATION is 0739.598.472. The VAT number is the same number with BE in front: BE 0739.598.472.
Where is WOODINNOVATION based?
The registered office is at Born,Kaiserbaracke 3, 4770 Amel.Company details
What does WOODINNOVATION do?
According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
What is the legal form of WOODINNOVATION?
The legal form of WOODINNOVATION is Public limited company (NV).
When was WOODINNOVATION founded?
WOODINNOVATION was founded on 13-12-2019.
Is WOODINNOVATION still active?
Yes, WOODINNOVATION is an active enterprise in the KBO register.
How many employees does WOODINNOVATION have?
WOODINNOVATION had an average of 6.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of WOODINNOVATION?
The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €853,955 and 2,285 comparable companies of the same size. It probably lies between €1.2m and €3.4m. It is a rough estimate.
Is WOODINNOVATION profitable?
In financial year 2025, WOODINNOVATION made a profit of €264,618.
Where can I find the annual accounts of WOODINNOVATION?
WOODINNOVATION filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of WOODINNOVATION due?
WOODINNOVATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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