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Woodmate

Active
Private limited companyfounded 20215 yrs activeRodenburgstraat(Mar) 7, 8510 Kortrijk, BelgiumKBO/BCE: BE 0765.980.195
Summary

Woodmate has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158,944 and a net result of €137,414. Equity is growing by ~43.3% per year across the filed fiscal years. Its solvency ranks better than 84% of 12348 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

What they do
Agents in non-specialised wholesale trade
NACE 46190
1 site
How big
€191,733total assets 2025
Equity
€158,944
Profit
€137,414
Turnover not published (abridged schema)
Financially healthy?
95 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Who decides
Accounts 120 d early0 of 3 deeds read
Why 95- Founded in 2021+ Liquidity: current ratio 3.80, cash €80,077+ Equity €158,944 (82.9% of total assets)+ Figures for FY 2025 (filed 03-10-2025)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Better than 73% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 100=
equity 82.9% of total assets
Liquidity 96+3
short-term debt 16.6% · cash 41.8%
Profitability 100=
return on assets 71.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (26,765 companies)
  • Liquidity: current ratio 3.80, cash €80,077 lowers the probability
  • Equity €158,944 (82.9% of total assets) lowers the probability
  • Founded in 2021 raises the probability for this profile
  • Figures for FY 2025 (filed 03-10-2025) lowers the probability
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 3.8 against 3.33 in 2024; short-term debt: 16.6% and cash: 41.8% of total assets), and 17.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 90%, liquidity 93%, profitability 95%, growth against the median 13%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 3.80, cash €80,077
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €158,944 (82.9% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Founded in 2021
In the bankruptcy model this factor raises the probability for this profile.
KBO
lowers risk · Figures for FY 2025 (filed 03-10-2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 03-10-2025, 120 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
120 d early
2024
119 d early
2023
58 d early
2022
25 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 81 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 4 November (3 of the last 4 filed years within 32 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close02-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Highest result since 2022net €137,414 ▲16.4%
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Among the best 5% on net resultsector median €5,605 · 12,356 companies €137,414 View
  • Caution: Equity fell in 2025from €246,530 to €158,944 ▼ 35.5% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2025
Total assets
€191,733
Profit
€137,414
Solvency
82.9%
Total assets▼ 39.4%
Net result
20222025
Go to Financials

Timeline

Events
7
Since
2023
Next accounts
by 31-01-2027
  1. 03-10-2025Annual accounts filed
  2. 30-06-2025Highest result since 2022
  3. 04-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents in non-specialised wholesale tradeNACE 46190
Founded
01-04-2021
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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