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Woodwork Walraet

Active
Limited partnershipfounded 2020active for 5 yearsNeerstraat(WSP) 19, 3150 Haacht, BelgiumKBO/BCE: BE 0760.532.062

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

Woodwork Walraet has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,194 and a net result of €644. Its solvency ranks better than 53% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

KBO
Status
Active since 24-12-2020 Normal situation
Activity
Joinery installation NACE 43320
Establishment unit
2.311.525.440 3150 Haacht, since 15-01-2021
Financial year end
31 December
Peppol
Reachable since 12-02-2025

Board and ownership

Board
  • WALRAET JELLEDirector

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€20,546
Turnover
≈ €210,000
estimated
Profit
€644
Equity
€27,194
Total assets
€55,386
Filed on 13-07-2026, 18 days before the deadlineat the National Bank
Score breakdownraises riskSize: total assets €55,386Founded in 2020lowers riskLiquidity: current ratio 2.22, cash €8,661Legal form: limited partnershipShow the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of micro companies in specialised construction (NACE 43)
Financial strength
Strong
Solvency 74
equity 49.1% of total assets
Liquidity 63
short-term debt 20.8% · cash 15.6%
Profitability 70
return on assets 1.2%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 1.7%highest value 12-2024: 1.5%▼ -0.2 percentage points vs 11-2024 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.6%▲ +0.1 percentage points vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 1.6%● unchanged vs 06-2025 08-2025: 1.6%● unchanged vs 07-2025 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 1.5%▼ -0.1 percentage points vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.4%▼ -0.1 percentage points vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.3%▼ -0.1 percentage points vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.2%▼ -0.1 percentage points vs 06-2026 08-2026: 0.4%▼ -0.8 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.22, above the usual 1.5. Short-term debt is 20.8% and cash 15.6% of total assets. However, 50.9% 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 43, micro). It does better than 53% of them on solvency, 61% on liquidity and 38% on profitability.

The bankruptcy probability was computed on 31-10-2026 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. 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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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: total assets €55,386
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.22, cash €8,661
NBB · annual accounts
lowers risk · Legal form: limited partnership
KBO
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
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 13-07-2026, 18 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
18 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Comparable companies

These companies have the same main activity as Woodwork Walraet: joinery installation (NACE 43320). They are comparable in size and age: total assets between €52,100 and €66,300, founded between 2020 and 2021.

CompanyTotal assetsGross margin
Woodwork Walraet Haacht€55,386€20,546
AS CONCEPT WINDOWS Kraainem€66,301€24,227
VDHOUT Zonnebeke€53,098€20,570
JM Menuiserie Perwez€56,797€19,113
Big Wood Jodoigne€52,138€19,634
TOCK MENUISERIE Seraing€60,717€18,454
Schrijnwerk De Voorhaven Oostende€52,776€19,004
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Woodwork Walraet

What is the company number of Woodwork Walraet?
The company number of Woodwork Walraet is 0760.532.062. The VAT number is the same number with BE in front: BE 0760.532.062.
Where is Woodwork Walraet based?
The registered office is at Neerstraat(WSP) 19, 3150 Haacht.Company details
What does Woodwork Walraet do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of Woodwork Walraet?
The legal form of Woodwork Walraet is Limited partnership (CommV).
When was Woodwork Walraet founded?
Woodwork Walraet was founded on 24-12-2020.
Is Woodwork Walraet still active?
Yes, Woodwork Walraet is an active enterprise in the KBO register.
What is the turnover of Woodwork Walraet?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €20,546 and 56 comparable companies (NACE 43320). It probably lies between €130,000 and €410,000. It is a rough estimate.Financials
Is Woodwork Walraet profitable?
In financial year 2025, Woodwork Walraet made a profit of €644.
Where can I find the annual accounts of Woodwork Walraet?
Woodwork Walraet filed 1 annual account with the National Bank of Belgium, for financial year 2025.Annual accounts at the National Bank

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