WOODT
ActiveWOODT has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26k and a net result of €19k. Equity is growing by ~75.4% per year across the filed fiscal years. Its solvency ranks better than 21% of 7426 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
81
/ 100
Excellent▲ +36 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency41▲+16
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.41 in 2023), but 78.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
21.1%
Return on assets
15.5%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 7426 sector peers (2024).
NBB · sector comparisonPosition among 7426 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
99 d early
2022
31 d late
2021
68 d early
2020
31 d late
2019
68 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€26k▲ 273%
2023 · €7k
2018: €-8k
2019: €-8k
2020: €971
2021: €8k
2022: €20k
2023: €7k
2018 → 2024
Total assets
€124k▲ 11.8%
2023 · €111k
2018: €10k
2019: €6k
2020: €16k
2021: €125k
2022: €156k
2023: €111k
2018 → 2024
Net result
€19k
2023 · €-13k
2018: €2k
2019: €61
2020: €9k
2021: €8k
2022: €12k
2023: €-13k
2018 → 2024
Working capital
€32k▲ 139%
2023 · €13k
2018: €-13k
2019: €-12k
2020: €-2k
2021: €-31k
2022: €24k
2023: €13k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€971-€8k▲ 774%€20k▲ 138%€7k▼ 65.3%€26k▲ 273%
Operating result€12k-€10k▼ 19.2%€14k▲ 42.0%€-11k€25k
Net result€9k-€8k▼ 13.8%€12k▲ 55.5%€-13k€19k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €25k after a loss of €11k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €124k
Fixed assets
€38k▼ 41.3%
Current assets
€86k▲ 86.5%
Equity and liabilities €124k
Equity
€26k▲ 273%
Debt
€98k▼ 5.8%
The debt ratio falls from 93.7% to 78.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€39k▲
2023 · €8k
Cash flow
€33k▲
2023 · €6k
Solvency
21.1%▲
2023 · 6.3%
Current ratio
1.60▲
2023 · 1.41
Quick ratio
1.52▲
2023 · 1.28
Debt / equity
3.74▼
2023 · 14.81
ROE
73.2%▲
2023 · -188.1%
ROA
15.5%▲
2023 · -11.9%
Interest coverage
13.43▲
2023 · 4.44
Debt
€98k▼
2023 · €104k
Debt ≤ 1 year
€54k▲
2023 · €33k
Debt > 1 year
€43k▼
2023 · €71k
Income taxes
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€111k€124k▲
Fixed assets21/28€65k€38k▼
Intangible fixed assets21€9k€7k▼
Tangible fixed assets22/27€55k€31k▼
Plant, machinery and equipment23€5k€6k▲
Furniture and vehicles24€50k€26k▼
Current assets29/58€46k€86k▲
Stocks and contracts in progress3€5k€4k▼
Stocks30/36€5k€4k▼
Amounts receivable within one year40/41€17k€2k▼
Trade receivables40€17k€2k▼
Cash at bank and in hand54/58€23k€78k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€111k€124k▲
Equity10/15€7k€26k▲
Contributions10/11€19k€19k=
Reserves13€210€7k▲
Distributable reserves133€210€7k▲
Profit (loss) carried forward14€-12k€333▲
Amounts payable17/49€104k€98k▼
Amounts payable after more than one year17€71k€43k▼
Financial debts170/4€71k€43k▼
Amounts payable within one year42/48€33k€54k▲
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€11k€20k▲
Suppliers440/4€11k€20k▲
Taxes, remuneration and social security45€8k€15k▲
Taxes450/3€7k€15k▲
Remuneration and social security454/9€108-
Other amounts payable47/48-€4k
Accrued charges and deferred income492/3-€1k
Income statement
Code20232024
Non-recurring operating income76A-€31k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€14k▼
Other operating charges640/8€499€576▲
Non-recurring operating charges66A€18k-
Gross operating margin9900€26k€39k▲
Operating profit (loss)9901€-11k€25k▲
Financial income75/76B€5-
Recurring financial income75€5-
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-13k€22k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€-13k€19k▲
Profit (loss) for the period to be appropriated9905€-13k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€7k▲
Profit (loss) brought forward from the previous period14P€1k€-12k▼
Transfer to equity691/2-€7k
To other reserves6921-€7k
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-13k ▼213%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 1.47
Current ratio from 0.66 to 1.47; short-term debt falls from €93k to €50k.
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 68 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brugge · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Blankenbergse Steenweg 2308000 BruggeGround area
143 m²
Building footprint
123 m²
Volume, LiDAR
958 m³
Parcel 31808K0626/00T000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Blankenbergse Steenweg 230, 8000 Brugge
since 20082.168.513.885
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31808K0626/00T000 | Flanders | 143 m² | 1 · 123 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 216 EUR awarded · 216 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 216 EUR | 216 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Dum&Design
BE 1019.162.271
Gerpinnes · Eq €26k
Woody Wood Maker
BE 1028.749.039
Overijse · Eq €26k
M.SOLUTIONS
BE 1017.907.112
Braine-l'Alleud · Eq €26k
Algemeen schrijnwerk en maatwerk Peter Brems
BE 0425.441.208
Puurs-Sint-Amands · Eq €26k
M. Martens
BE 0668.796.885
Stekene · Eq €26k
Of 19,947 companies in sector 43320 we hold annual accounts for 9,084. 6,547 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-2008
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
47120Other non-specialised retail sale
47191Retail trade
47714Retail trade
58110Book publishing
69109Other legal services
73110Advertising agencies
82300Organisation of conventions and trade shows
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.