WOODSIDE
ActiveSummary
The computed 12-month bankruptcy probability of WOODSIDE is 2.6% (moderate). The 2024 annual accounts show equity of €92k and a net result of €39k. Equity is growing by ~68.6% per year across the filed fiscal years. Its solvency ranks better than 30% of 36375 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability80▲+4
Solvency53▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.09 in 2023; short-term debt: 69% and cash: 1% of total assets), and 71.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
28.5%
Return on assets
12%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
30 d late
2022
60 d late
2021
138 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€92k▲ 72.6%
2023 · €53k
2021: €19klowest in 4 years
2022: €35k▲ +86.1% vs 2021
2023: €53k▲ +51.3% vs 2022
2024: €92k▲ +72.6% vs 2023highest in 4 years
2021 → 2024
Total assets
€324k▲ 5.0%
2023 · €308k
2021: €95klowest in 4 years
2022: €215k▲ +126% vs 2021
2023: €308k▲ +43.4% vs 2022
2024: €324k▲ +5.0% vs 2023highest in 4 years
2021 → 2024
Net result
€39k▲ 114%
2023 · €18k
2021: €14klowest in 4 years
2022: €16k▲ +17.0% vs 2021
2023: €18k▲ +10.8% vs 2022
2024: €39k▲ +114% vs 2023highest in 4 years
2021 → 2024
Working capital
€59k▲ 173%
2023 · €22k
2021: €-7klowest in 4 years
2022: €6k▲ +186% vs 2021
2023: €22k▲ +263% vs 2022
2024: €59k▲ +173% vs 2023highest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€19k-€35k▲ 86.1%€53k▲ 51.3%€92k▲ 72.6%
2021: €19klowest in 4 years
2022: €35k▲ +86.1% vs 2021
2023: €53k▲ +51.3% vs 2022
2024: €92k▲ +72.6% vs 2023highest in 4 years
Operating result€17k-€26k▲ 50.7%€28k▲ 7.8%€59k▲ 109%
2021: €17klowest in 4 years
2022: €26k▲ +50.7% vs 2021
2023: €28k▲ +7.8% vs 2022
2024: €59k▲ +109% vs 2023highest in 4 years
Net result€14k-€16k▲ 17.0%€18k▲ 10.8%€39k▲ 114%
2021: €14klowest in 4 years
2022: €16k▲ +17.0% vs 2021
2023: €18k▲ +10.8% vs 2022
2024: €39k▲ +114% vs 2023highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 109% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €324k
Fixed assets
€41k ▼ 10.1%
Current assets
€282k ▲ 7.7%
Equity and liabilities €324k
Equity
€92k ▲ 72.6%
Debt
€231k ▼ 9.1%
Debt's share of the balance-sheet total falls from 82.7% to 71.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€80k▲
2023 · €48k
Cash flow
€60k▲
2023 · €38k
Current ratio
1.26▲
2023 · 1.09
Quick ratio
1.13▲
2023 · 0.96
Debt to equity
2.51▼
2023 · 4.77
ROE
42.1%▲
2023 · 33.9%
ROA
12.0%▲
2023 · 5.9%
Interest coverage
5.60▼
2023 · 6.91
Debt ≤ 1 year
€223k▼
2023 · €240k
Debt > 1 year
€8k▼
2023 · €14k
Income taxes
€10k▲
2023 · €5k
Staff costs
€93k▲
2023 · €47k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€308k€324k▲
Fixed assets21/28€46k€41k▼
Tangible fixed assets22/27€43k€38k▼
Plant, machinery and equipment23€14k€20k▲
Furniture and vehicles24€8k€8k▼
Leasing and similar rights25€21k€10k▼
Financial fixed assets28€3k€3k=
Current assets29/58€262k€282k▲
Stocks and contracts in progress3€30k€30k=
Stocks30/36€30k€30k=
Amounts receivable within one year40/41€215k€248k▲
Trade receivables40€160k€152k▼
Other amounts receivable41€56k€97k▲
Cash at bank and in hand54/58€16k€3k▼
Deferred charges and accrued income490/1€685€685▲
Equity and liabilities
Total equity and liabilities10/49€308k€324k▲
Equity10/15€53k€92k▲
Contributions10/11€5k€5k=
Reserves13€48k€48k=
Distributable reserves133€48k€48k=
Profit (loss) carried forward14-€39k
Amounts payable17/49€255k€231k▼
Amounts payable after more than one year17€14k€8k▼
Financial debts170/4€14k€8k▼
Amounts payable within one year42/48€240k€223k▼
Current portion of amounts payable after more than one year42€17k€6k▼
Financial debts43€73k€76k▲
Credit institutions430/8€73k€76k▲
Trade debts44€143k€134k▼
Suppliers440/4€143k€134k▼
Taxes, remuneration and social security45€7k€7k▲
Taxes450/3€641€786▲
Remuneration and social security454/9€6k€6k▼
Accrued charges and deferred income492/3€64€409▲
Income statement
Code20232024
Non-recurring operating income76A-€266
Remuneration, social security and pensions62€47k€93k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€21k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€23k-
Other operating charges640/8€1k€2k▲
Gross operating margin9900€120k€175k▲
Operating profit (loss)9901€28k€59k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€7k€14k▲
Recurring financial charges65€7k€14k▲
Profit (loss) for the period before taxes9903€23k€49k▲
Income taxes67/77€5k€10k▲
Profit (loss) for the period9904€18k€39k▲
Profit (loss) for the period to be appropriated9905€18k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€39k▲
Transfer to equity691/2€18k-
To other reserves6921€18k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €266 | - |
| Remuneration, social security and pensions62 | - | €58k | €47k | €93k | ▲ 96.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €16k | €20k | €21k | ▲ 6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-336 | €23k | - | - |
| Other operating charges640/8 | - | €2k | €1k | €2k | ▲ 44.3% |
| Gross operating margin9900 | €85k | €102k | €120k | €175k | ▲ 45.8% |
| Operating profit (loss)9901 | €17k | €26k | €28k | €59k | ▲ 109% |
| Financial income75/76B | - | €153 | €2k | €4k | ▲ 97.2% |
| Recurring financial income75 | €95 | €153 | €2k | €4k | ▲ 97.2% |
| Financial charges65/66B | - | €5k | €7k | €14k | ▲ 105% |
| Recurring financial charges65 | €3k | €5k | €7k | €14k | ▲ 105% |
| Profit (loss) for the period before taxes9903 | €15k | €21k | €23k | €49k | ▲ 109% |
| Income taxes67/77 | €592 | €5k | €5k | €10k | ▲ 93.1% |
| Profit (loss) for the period9904 | €14k | €16k | €18k | €39k | ▲ 114% |
| Profit (loss) for the period to be appropriated9905 | €14k | €16k | €18k | €39k | ▲ 114% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €95k | €215k | €308k | €324k | ▲ 5.0% |
| Fixed assets21/28 | €57k | €51k | €46k | €41k | ▼ 10.1% |
| Tangible fixed assets22/27 | €57k | €49k | €43k | €38k | ▼ 10.9% |
| Plant, machinery and equipment23 | - | €6k | €14k | €20k | ▲ 41.9% |
| Furniture and vehicles24 | - | €11k | €8k | €8k | ▼ 1.5% |
| Leasing and similar rights25 | - | €31k | €21k | €10k | ▼ 51.0% |
| Financial fixed assets28 | - | €2k | €3k | €3k | = |
| Current assets29/58 | €39k | €164k | €262k | €282k | ▲ 7.7% |
| Stocks and contracts in progress3 | - | - | €30k | €30k | = |
| Stocks30/36 | - | - | €30k | €30k | = |
| Amounts receivable within one year40/41 | €38k | €141k | €215k | €248k | ▲ 15.1% |
| Trade receivables40 | - | €97k | €160k | €152k | ▼ 5.2% |
| Other amounts receivable41 | - | €44k | €56k | €97k | ▲ 73.7% |
| Cash at bank and in hand54/58 | - | €18k | €16k | €3k | ▼ 79.4% |
| Deferred charges and accrued income490/1 | - | €5k | €685 | €685 | ▲ 0.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €95k | €215k | €308k | €324k | ▲ 5.0% |
| Equity10/15 | €19k | €35k | €53k | €92k | ▲ 72.6% |
| Contributions10/11 | - | €5k | €5k | €5k | = |
| Reserves13 | €14k | €30k | €48k | €48k | = |
| Distributable reserves133 | - | €30k | €48k | €48k | = |
| Profit (loss) carried forward14 | - | - | - | €39k | - |
| Amounts payable17/49 | €76k | €179k | €255k | €231k | ▼ 9.1% |
| Amounts payable after more than one year17 | €31k | €22k | €14k | €8k | ▼ 44.5% |
| Financial debts170/4 | - | €22k | €14k | €8k | ▼ 44.5% |
| Amounts payable within one year42/48 | €45k | €158k | €240k | €223k | ▼ 7.2% |
| Current portion of amounts payable after more than one year42 | - | €9k | €17k | €6k | ▼ 63.5% |
| Financial debts43 | - | €34k | €73k | €76k | ▲ 4.1% |
| Credit institutions430/8 | - | €34k | €73k | €76k | ▲ 4.1% |
| Trade debts44 | €18k | €106k | €143k | €134k | ▼ 6.5% |
| Suppliers440/4 | - | €106k | €143k | €134k | ▼ 6.5% |
| Taxes, remuneration and social security45 | - | €9k | €7k | €7k | ▲ 1.4% |
| Taxes450/3 | - | €5k | €641 | €786 | ▲ 22.5% |
| Remuneration and social security454/9 | - | €4k | €6k | €6k | ▼ 0.8% |
| Accrued charges and deferred income492/3 | - | €184 | €64 | €409 | ▲ 541% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €16k | €18k | €39k | ▲ 114% |
| + Depreciation and write-downs630 | €18k | €16k | €20k | €21k | ▲ 6.2% |
| Operating cash flow (approximation) | €32k | €32k | €38k | €60k | ▲ 57.5% |
| Investment in fixed assets (approximation) | - | €-10k | €-15k | €-17k | ▼ 11.0% |
| Change in cash | - | - | €-2k | €-12k | ▼ 420% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
31-12
Financial
Highest result since 2021net €39k ▲114%
Operating result €59k, net result €39k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
15-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Yvoir · 1 establishment unit since 2020
Ground area
2,845 m²
Building footprint
159 m²
Parcel 91038B0551/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
WOODSIDE
since 20202.304.743.358
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91038B0551/00A000 | Wallonia | 2,845 m² | 1 · 159 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 8,566 companies in sector 43410 we hold annual accounts for 4,363. 3,810 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
43230Insulation installation
43990Other specialised construction activities
81300Landscape service activities
Scores and ratios are computed by Checked and are not a credit decision.