Financials
- Fiscal year
- 2025
- Total assets
- €67,313
- Loss
- -€32,349
- Solvency
- -39.1%
Woodleather
ActiveSummary
The computed 12-month bankruptcy probability of Woodleather is 3.5% (moderate). The 2025 annual accounts show negative equity (-€26,349) and a net result of -€32,349. Its solvency ranks better than 5% of 33,994 sector peers (NACE 43, fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Joinery installation
NACE 43320
1 site
Size
€67,313total assets 2025
- Staff
- 0.9 FTE
- Equity
- -€26,349
- Loss
- -€32,349
Turnover not published (abridged schema)
Structure
Accounts filed 24 days late1 of 2 deeds read
Why 47- Negative equity -€26,349- 1 change of registered office in 24 months- Loss of €32,349 (FY 2025)+ Liquidity: current ratio 0.45, cash €16,614Show the evidence
Checked score
Score 2025
47
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 9% of its sector peers (NACE 43, micro)
Financial strength
Weak
Solvency
0
equity -39.1% of total assets
Liquidity
31
short-term debt 92.0% · cash 24.7%
Profitability
0
return on assets -48.1%
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 1.9%lowest value
03-2026: 1.9%● unchanged vs 02-2026lowest value
04-2026: 1.9%● unchanged vs 03-2026
05-2026: 2.3%▲ +0.4 percentage points vs 04-2026
06-2026: 4.5%▲ +2.2 percentage points vs 05-2026
07-2026: 4.9%▲ +0.4 percentage points vs 06-2026highest value
08-2026: 4.9%● unchanged vs 07-2026highest value
09-2026: 3.4%▼ -1.5 percentage points vs 08-2026
10-2026: 3.5%▲ +0.1 percentage points vs 09-2026
No credit on open account
Liquidity short (current ratio 0.45; short-term debt: 92% and cash: 24.7% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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, micro): better than 3% on solvency, 19% on liquidity and 4% on profitability.
The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
−lowers risk+raises risk○neutral
raises risk · Young company
Founded in 2025, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
24 days late
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · micro…
- Registered officeRegistered-office move
Key points
By topic
Timeline
- Events
- 2
- Since
- 2026
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Joinery installationNACE 43320
- Founded
- 31-01-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
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