YuWood

Active

Private limited companyfounded 20197 yrs activeVan Beethovenstraat 3, 2018 Antwerpen, BelgiumKBO/BCE: BE 0728.492.368

The computed 12-month bankruptcy probability of YuWood is 1.9% (moderate). The 2024 annual accounts show equity of €88 and a net result of €6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 705 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

52 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability71▲+53

Solvency25▲+2

Growth58▲+26

Track record100

Bankruptcy probability, 12 months

1.9% Moderate

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

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 2024

Solvency, return and age of the figures

Solvency

Return on assets

1.9%

Age of the figures

20 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 16

Relative position

BE, all sectors

reference

Sector 16

higher

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 705 sector peers (2024).

NBB · sector comparison

Position among 705 sector peers

Solvency

better than 15%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 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 · 6 filings

Deviation from the deadline

2025

not confirmed

2024

21 d late

2023

91 d late

2022

61 d late

2021

31 d late

2020

1 d early

2019

69 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€88

2023 · €-6k

2019: €13k 2020: €-3k 2021: €10k 2022: €18k 2023: €-6k

2019 → 2024

Total assets

€319k▼ 3.2%

2023 · €330k

2019: €347k 2020: €314k 2021: €334k 2022: €337k 2023: €330k

2019 → 2024

Net result

€6k

2023 · €-24k

2019: €3k 2020: €-16k 2021: €13k 2022: €8k 2023: €-24k

2019 → 2024

Working capital

€-37k▲ 25.8%

2023 · €-50k

2019: €13k 2020: €-9k 2021: €2k 2022: €716 2023: €-50k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-3k-€10k€18k▲ 73.6%€-6k€88

Operating result€-9k-€23k€15k▼ 34.3%€-18k€12k

Net result€-16k-€13k€8k▼ 42.7%€-24k€6k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €12k after a loss of €18k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €319k

85.4%

14.6%

Fixed assets €273k▼ 7.9%

Current assets €46k▲ 38.5%

Equity and liabilities €319k

100.0%

Equity €88

Debt €319k

Debt finances 100.0% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2023

EBITDA

€39k▲

2023 · €7k

Cash flow

€33k▲

2023 · €921

Solvency

0.0%▲

2023 · -1.8%

Current ratio

0.56▲

2023 · 0.40

Quick ratio

0.51▲

2023 · 0.35

ROA

1.9%▲

2023 · -7.3%

Interest coverage

6.37▲

2023 · 1.06

Debt

€319k▼

2023 · €336k

Debt ≤ 1 year

€83k▲

2023 · €83k

Debt > 1 year

€236k▼

2023 · €253k

Income taxes

€221▲

2023 · €2

Staff costs

€54k▲

2023 · €53k

Equity ratios withheld: equity of €88 is too small for a meaningful ratio.

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€330k€319k▼

Fixed assets21/28€296k€273k▼

Tangible fixed assets22/27€296k€273k▼

Land and buildings22€251k€235k▼

Plant, machinery and equipment23€33k€28k▼

Furniture and vehicles24€13k€10k▼

Current assets29/58€34k€46k▲

Stocks and contracts in progress3€4k€4k=

Stocks30/36€4k€4k=

Amounts receivable within one year40/41€13k€15k▲

Trade receivables40€4k€3k▼

Other amounts receivable41€8k€12k▲

Current investments50/53€49€202▲

Cash at bank and in hand54/58€14k€26k▲

Deferred charges and accrued income490/1€3k€2k▼

Equity and liabilities

Total equity and liabilities10/49€330k€319k▼

Equity10/15€-6k€88▲

Contributions10/11€10k€10k=

Profit (loss) carried forward14€-16k€-10k▲

Amounts payable17/49€336k€319k▼

Amounts payable after more than one year17€253k€236k▼

Financial debts170/4€253k€236k▼

Amounts payable within one year42/48€83k€83k▲

Current portion of amounts payable after more than one year42€18k€17k▼

Financial debts43€711€1k▲

Credit institutions430/8€711€1k▲

Trade debts44€17k€5k▼

Suppliers440/4€17k€5k▼

Advances received on contracts in progress46€5k€0▼

Taxes, remuneration and social security45€7k€5k▼

Taxes450/3€857€0▼

Remuneration and social security454/9€6k€5k▼

Other amounts payable47/48€37k€55k▲

Income statement Code20232024

Remuneration, social security and pensions62€53k€54k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€27k▲

Other operating charges640/8€5k€5k▼

Non-recurring operating charges66A€0-

Gross operating margin9900€65k€98k▲

Operating profit (loss)9901€-18k€12k▲

Financial income75/76B€544€593▲

Recurring financial income75€544€593▲

Financial charges65/66B€7k€6k▼

Recurring financial charges65€7k€6k▼

Profit (loss) for the period before taxes9903€-24k€6k▲

Income taxes67/77€2€221▲

Profit (loss) for the period9904€-24k€6k▲

Profit (loss) for the period to be appropriated9905€-24k€6k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-16k€-10k▲

Profit (loss) brought forward from the previous period14P€8k€-16k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 9Financial 3Filings 6

2025

21-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 21 days late

2024

31-12

Financial Back to profitnet €6k

Net result €6k after one loss-making year.

30-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 91 days late

2023

31-12

Financial Weakest financial yearnet €-24k ▼414%

Net result drops to €-24k, the lowest in the series; recovery starts the following year.

30-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 61 days late

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

2021

31-12

Financial Back to profitnet €13k

Net result €13k after one loss-making year.

30-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

08-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 69 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Antwerpen · 2 establishment units since 2019

establishment All 2 establishment units on the map

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.

Van Beethovenstraat 32018 Antwerpen

Ground area

908 m²

Building footprint

122 m²

Volume, LiDAR

1,364 m³

2 parcels, Flanders · tallest building 16.2 m, ±5 floors. Linked by address, not a title deed.

2 establishment units

YuWood

Sint-Bernardsesteenweg 1046, 2660 AntwerpenManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20192.290.131.792

YuWood

Van Beethovenstraat 3, 2018 AntwerpenManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20192.290.131.891

2 parcels

Flanders 2 (100%)