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WOODYWORK

Active
Private limited company (pre-2019)founded 201312 years activeMuggenstraat 49, 3500 Hasselt, BelgiumKBO/BCE: BE 0542.384.111
Summary

The computed 12-month bankruptcy probability of WOODYWORK is 1.9% (moderate). The 2025 annual accounts show equity of €11,078 and a net result of €4,933. Equity is growing by ~48.3% per year across the filed fiscal years. Its solvency ranks better than 16% of 33,994 sector peers (NACE 43, fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€82,984total assets 2025
Equity
€11,078
Profit
€4,933
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2025
Bankruptcy probability, 12 months
1.9%
Structure
Accounts on time0 of 5 deeds read
Why 53- 1 change of registered office in 24 months- Sector Specialised construction activities (NACE 43)+ Size: total assets €82,984+ Founded in 2013Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 34% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 38=
equity 13.3% of total assets
Liquidity 4-8
short-term debt 86.7% · cash 1.7%
Profitability 55-29
return on assets 5.9%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,513 companies)
Last 24 months 11-2024: 0.8%lowest value 12-2024: 1.1%▲ +0.3 percentage points vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.3 percentage points vs 07-2025 09-2025: 1.4%▼ -0.1 percentage points vs 08-2025 10-2025: 1.6%▲ +0.2 percentage points vs 09-2025 11-2025: 1.3%▼ -0.3 percentage points vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged 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: 1.4%▲ +0.1 percentage points vs 06-2026 08-2026: 1.7%▲ +0.3 percentage points vs 07-2026 09-2026: 1.6%▼ -0.1 percentage points vs 08-2026 10-2026: 1.9%▲ +0.3 percentage points vs 09-2026highest value
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.13 in 2024; short-term debt: 86.7% and cash: 1.7% of total assets), and 86.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 16% on solvency, 4% on liquidity, 26% on profitability and 89% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
lowers risk · Size: total assets €82,984
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2013
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 33994 sector peers (2025).
NBB · sector comparison
Position among 33994 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
1 day early
2023
1 day early
2022
1 day early
2021
226 days late
2020
30 days late
2019
180 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 62 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 30 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close07-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Among the weakest 17% on solvencysector median 47.1% · 33,994 companies 13.3% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View
  • Total assets 20256 fiscal years filed €82,984 View

By topic

Financials

Fiscal year
2025
Total assets
€82,984
Profit
€4,933
Solvency
13.3%
Total assets▲ 72.4%
Net result
20192025
Go to Financials

Timeline

Events
12
Since
2019
Next accounts
by 31-10-2026
  1. 30-10-2022Annual accounts filed
  2. 14-06-2022Annual accounts filed
  3. 31-03-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Joinery installationNACE 43320
Founded
21-11-2013
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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