WOODY SERVICE
ActiveWOODY SERVICE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €217k and a net result of €-23k. Equity is growing by ~20.4% per year across the filed fiscal years. Its solvency ranks better than 36% of 2464 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability14▼-63
Solvency57▼-11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.74 in 2023; short-term debt: 67.9% and cash: 1.6% of total assets), and 67.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← 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
32.1%
Return on assets
-3.4%
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 31-08-2025, 31 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
31 d late
2023
61 d late
2022
25 d late
2021
30 d late
2020
31 d late
2019
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€217k▼ 9.6%
2023 · €241k
2018: €94k
2019: €110k
2020: €128k
2021: €165k
2022: €204k
2023: €241k
2018 → 2024
Total assets
€678k▲ 22.2%
2023 · €554k
2018: €415k
2019: €450k
2020: €408k
2021: €412k
2022: €482k
2023: €554k
2018 → 2024
Net result
€-23k
2023 · €36k
2018: €8k
2019: €16k
2020: €18k
2021: €37k
2022: €39k
2023: €36k
2018 → 2024
Working capital
€209k▼ 9.4%
2023 · €231k
2018: €115k
2019: €123k
2020: €135k
2021: €164k
2022: €205k
2023: €231k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€128k-€165k▲ 28.6%€204k▲ 23.9%€241k▲ 17.8%€217k▼ 9.6%
Operating result€34k-€57k▲ 68.7%€64k▲ 12.4%€59k▼ 8.5%€-13k
Net result€18k-€37k▲ 100%€39k▲ 7.5%€36k▼ 7.9%€-23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €13k after €59k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €678k
Fixed assets
€8k▼ 22.1%
Current assets
€670k▲ 23.1%
Equity and liabilities €678k
Equity
€217k▼ 9.6%
Debt
€460k▲ 46.6%
The debt ratio rises from 56.6% to 67.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-9k▼
2023 · €62k
Cash flow
€-19k▼
2023 · €39k
Solvency
32.1%▼
2023 · 43.4%
Current ratio
1.46▼
2023 · 1.74
Quick ratio
1.46▼
2023 · 1.74
Debt / equity
2.12▲
2023 · 1.31
ROE
-10.6%▼
2023 · 15.1%
ROA
-3.4%▼
2023 · 6.5%
Interest coverage
-0.92▼
2023 · 6.47
Debt
€460k▲
2023 · €314k
Debt ≤ 1 year
€460k▲
2023 · €313k
Income taxes
€909▼
2023 · €18k
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€554k€678k▲
Fixed assets21/28€10k€8k▼
Tangible fixed assets22/27€9k€6k▼
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€2k€2k=
Current assets29/58€544k€670k▲
Amounts receivable within one year40/41€516k€654k▲
Trade receivables40€241k€340k▲
Other amounts receivable41€275k€314k▲
Cash at bank and in hand54/58€11k€11k▲
Deferred charges and accrued income490/1€17k€4k▼
Equity and liabilities
Total equity and liabilities10/49€554k€678k▲
Equity10/15€241k€217k▼
Contributions10/11€59k€59k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€176k€153k▼
Amounts payable17/49€314k€460k▲
Amounts payable within one year42/48€313k€460k▲
Financial debts43€13k€10k▼
Credit institutions430/8€13k€10k▼
Trade debts44€20k€13k▼
Suppliers440/4€20k€13k▼
Advances received on contracts in progress46€228k€398k▲
Taxes, remuneration and social security45€45k€39k▼
Taxes450/3€45k€39k▼
Other amounts payable47/48€7k-
Accrued charges and deferred income492/3€1k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€10k€3k▼
Gross operating margin9900€71k€-6k▼
Operating profit (loss)9901€59k€-13k▼
Financial income75/76B€5k€1▼
Recurring financial income75€5k€1▼
Financial charges65/66B€10k€10k▲
Recurring financial charges65€10k€10k▲
Profit (loss) for the period before taxes9903€54k€-22k▼
Income taxes67/77€18k€909▼
Profit (loss) for the period9904€36k€-23k▼
Profit (loss) for the period to be appropriated9905€36k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€176k€153k▼
Profit (loss) brought forward from the previous period14P€140k€176k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-23k ▼164%
Net result drops to €-23k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Highest result since 2018net €39k ▲7.5%
Operating result €64k, net result €39k, both a record.
31-12
Financial
Equity above €200kEq €204k ▲23.9%
5 profitable years in a row build equity to €204k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €150kEq €165k ▲28.6%
4 profitable years in a row build equity to €165k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Equity above €100kEq €110k ▲16.5%
2 profitable years in a row build equity to €110k.
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Tremelo · 1 establishment unit since 1998
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.
Familie De Cockstraat 443128 TremeloGround area
823 m²
Building footprint
141 m²
Volume, LiDAR
831 m³
Parcel 24006C0216/00W000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Familie De Cockstraat 44, 3128 Tremelo
since 19982.052.235.334
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24006C0216/00W000 | Flanders | 823 m² | 1 · 141 m² | 8.4 m · 2 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.
Similar companies · same sector, comparable size
MiramirO
BE 0463.655.050
Gent · Eq €217k
MAT EVENTS TRANSPORT
BE 0810.214.076
Grez-Doiceau · Eq €216k
OLIVIERI
BE 0457.617.195
Hasselt · Eq €215k
Bytes and Volts
BE 0838.422.765
Kalmthout · Eq €222k
THE IMAGE & SOUND FACTORY
BE 0871.240.340
Dendermonde · Eq €213k
Of 3,394 companies in sector 90393 we hold annual accounts for 939. 714 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-12-1990
Fiscal year end31-12
Activities, NACEBEL
90393Specialised image, lighting and sound technical services
92313
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.