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Woven Image (Europe)

Active
Private limited companyfounded 2024active for 2 yearsStrijmeers 117B, 9520 Sint-Lievens-Houtem, BelgiumKBO/BCE: BE 1013.933.872
Summary

The computed 12-month bankruptcy probability of Woven Image (Europe) is 5.0% (elevated). The 2024 annual accounts show negative equity (-€43,015) and a net result of -€43,115. Its solvency ranks better than 8% of 228 sector peers (NACE 13, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 23-09-2024 Normal situation
Activity
Manufacture of textiles NACE 13960and 2 others
Establishment unit
2.365.748.539 9520 Sint-Lievens-Houtem, since 25-10-2024
Financial year end
31 December
Peppol
Reachable since 26-03-2026

Board and ownership

Auditor
BDO Bedrijfsrevisoren bv
Shareholders
  • Woven Image Pty ltd.annual accounts 2024

Financial position

35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.0%
Annual accounts 2024
Gross margin
-€42,120
Loss
€43,115
Equity
-€43,015
Total assets
€573,753
  • Negative equity on 31-12-2024
  • 2024 accounts filed 76 days after the deadline
Turnover not published (abbreviated format)
Score breakdownraises riskFigures for financial year 2024 (filed on 15-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 76 days late; 1 of the last 3 accounts lateLiquidity: current ratio 0.89, cash €90lowers riskSector: Manufacture of textiles (NACE 13)Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 10% of micro companies in textiles (NACE 13)
Financial strength
Weak
Solvency 18
equity -7.5% of total assets
Liquidity 0
short-term debt 107.5% · cash 0.0%
Profitability 9
return on assets -7.5%
Bankruptcy probability within 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (496 companies, NACE 13, micro)
Last 24 months 10-2025: 1.1%lowest value 11-2025: 3.6%▲ +2.5 percentage points vs 10-2025 12-2025: 3.6%● unchanged vs 11-2025 01-2026: 3.6%● unchanged vs 12-2025 02-2026: 3.6%● unchanged vs 01-2026 03-2026: 3.7%▲ +0.1 percentage points vs 02-2026 04-2026: 3.7%● unchanged vs 03-2026 05-2026: 3.6%▼ -0.1 percentage points vs 04-2026 06-2026: 3.5%▼ -0.1 percentage points vs 05-2026 07-2026: 3.4%▼ -0.1 percentage points vs 06-2026 08-2026: 4.2%▲ +0.8 percentage points vs 07-2026 09-2026: 5.1%▲ +0.9 percentage points vs 08-2026highest value 10-2026: 5.0%▼ -0.1 percentage points vs 09-2026 11-2026: 5.0%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.89, below 1. Short-term debt is 107.5% and cash 0% of total assets. Equity is negative.
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 13, micro). It does better than 12% of them on solvency, 1% on liquidity and 17% on profitability.

The bankruptcy probability was computed on 04-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 15-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 76 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 0.89, cash €90
NBB · annual accounts
lowers risk · Sector: Manufacture of textiles (NACE 13)
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
raises risk · 2024 accounts filed 76 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-10-2025, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
76 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its 2024 accounts 76 days after the deadline. In the sector (NACE 13), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€43,015 View
  • Caution: Lower solvency than 92% of companies in textilessector median 49.7% · 228 companies -7.5% View

Recent changes

  1. · Gazette deed Appointment: BDO bedrijfsrevisoren bv (statutory auditor)Permanent representative: Amandine Desmedt
  2. · Gazette deed Resignation: Luke Dutton (director)Appointment: Conrad Groenewald (director)
  3. · Gazette deed Board meeting of 09-10-2024
All 5 events

Comparable companies

These companies have the same main activity as Woven Image (Europe): manufacture of textiles (NACE 13960). They are comparable in size and age: total assets between €80,000 and €976,000, founded between 2017 and 2023.

CompanyTotal assetsGross margin
Woven Image (Europe) Sint-Lievens-Houtem€573,753-€42,120
LGK Confection Chièvres€121,912€36,558
ELEVE-OUTDOOR Mouscron€79,979€30,336
Ideal Jacobs Europe Gent€470,107€63,200
LABO21 Eghezée€97,591€65,758
ZEILMAKERIJ LONNEVILLE Oudenburg€567,508€159,979
SMAL Neupré€975,765€179,938
Full comparison

Key facts about Woven Image (Europe)

What is the company number of Woven Image (Europe)?
The company number of Woven Image (Europe) is 1013.933.872. The VAT number is the same number with BE in front: BE 1013.933.872.
Where is Woven Image (Europe) based?
The registered office is at Strijmeers 117B, 9520 Sint-Lievens-Houtem.Company details
What does Woven Image (Europe) do?
According to the KBO register, the main activity is manufacture of textiles (NACE 13960).
What is the legal form of Woven Image (Europe)?
The legal form of Woven Image (Europe) is Private limited company (BV).
When was Woven Image (Europe) founded?
Woven Image (Europe) was founded on 23-09-2024.
Is Woven Image (Europe) still active?
Yes, Woven Image (Europe) is an active enterprise in the KBO register.
What is the turnover of Woven Image (Europe)?
The annual accounts for financial year 2024 state no turnover. The abbreviated format does not require it.Financials
Is Woven Image (Europe) profitable?
In financial year 2024, Woven Image (Europe) made a loss of €43,115.
Where can I find the annual accounts of Woven Image (Europe)?
Woven Image (Europe) filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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