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X-WOOD CONCEPT

Active
Private limited companyfounded 2015active for 11 yearsMalmedyer Strasse 28/11, 4760 Büllingen, BelgiumKBO/BCE: BE 0632.440.790
Summary

X-WOOD CONCEPT has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €4.0m. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 35% of 2,777 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
X-WOOD CONCEPTActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
General construction of residential buildings
NACE 41001General construction of other non-residential buildings NACE 41003
Largest company by total assets in Bullange, Construction sector1 site
Size
≈ €9.6mturnover 2025, estimated
Staff
10.1 FTE
Equity
€1.6m
Profit
€4.0m
Turnover estimated from the gross marginNet result +243%: other schema
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
  • BSK Management & ServiceDirector
2025 accounts 7 days early1 of 4 deeds summarised
Why 95raises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 1.26, cash €4.1mSize: 10.1 FTE, total assets €6.4mFounded in 2015Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 72% of its sector peers (NACE 41, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 50-18
equity 25.3% of total assets
Liquidity 60-7
short-term debt 73.9% · cash 64.2%
Profitability 100=
return on assets 63.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (911 companies, NACE 41, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.4 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.2 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €150,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.26, compared with 1.66 in 2024, below the usual 1.5; short-term debt: 73.9% and cash: 64.2% of total assets), and 74.7% of the assets are financed with debt and provisions.
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 41, small): better than 41% on solvency, 81% on liquidity, 99% on profitability and 66% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.26, cash €4.1m
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: 10.1 FTE, total assets €6.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2015
Companies that have existed this long fail less often; how much that weighs depends on the rest of its 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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
6 days early
2023
30 days late
2022
22 days late
2021
4 days late
2020
30 days late
2019
1 day early
← 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 10 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2018 to 2025net €4.0m ▲243%
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Result rose in 2025different schema filed ▲ 243% View
  • Positive: Largest company by total assets in Bullange, Construction sectorin the Checked rankings No. 1 View
  • Positive: 8 profitable years in a rowprofit 2025: €4.0m 8 years View

By topic

Financials

Financial year
2025
Total assets
€6.4m
Profit
€4.0m
Solvency
25.3%
Total assets▲ 84.8%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 30-08-2024Annual accounts filed
  2. 05-01-2024Resignation: BSK Management & Service (verwalter)
  3. 22-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
15-06-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
30
Purpose
“Allgemeine Bautätigkeiten von Gebäuden aller Art,unter anderem als…” (deed in German)
Go to Articles of association

Key facts about X-WOOD CONCEPT

What is the company number of X-WOOD CONCEPT?
0632.440.790. In Belgium the VAT number is the company number with BE in front: BE 0632.440.790.
Where is X-WOOD CONCEPT based?
The registered office is at Malmedyer Strasse 28/11, 4760 Büllingen.Company details
What does X-WOOD CONCEPT do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of X-WOOD CONCEPT?
Private limited company (BV).
When was X-WOOD CONCEPT founded?
On 15-06-2015.
Is X-WOOD CONCEPT still active?
Yes, X-WOOD CONCEPT is an active enterprise in the KBO register.
How many employees does X-WOOD CONCEPT have?
On average 10.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of X-WOOD CONCEPT?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is X-WOOD CONCEPT profitable?
In financial year 2025, X-WOOD CONCEPT made a profit of €4.0m.
Where can I find the annual accounts of X-WOOD CONCEPT?
X-WOOD CONCEPT filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of X-WOOD CONCEPT due?
By 31-07-2027, for financial year 2026.Timeline

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