HOUTWORMEXPERT
The computed 12-month bankruptcy probability of HOUTWORMEXPERT is 1.7% (moderate). The 2025 annual accounts show equity of €308k and a net result of €61k. Equity is growing by ~26.4% per year across the filed fiscal years. Its solvency ranks better than 54% of 26547 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €308k |
| Net result | €61k |
| Better than sector | 54% |
| Active | 7 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 51.3% | 47.4% | |
| Net result | €61k | €10k | |
| Equity | €308k | €60k | |
| Gross operating margin | €152k | €39k | |
| Total assets | €600k | €141k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €149k | €170k | €181k | €58k |
| Net profit | €61k | €83k | €95k | €36k |
| Cash flow | €115k | €132k | €148k | €47k |
| Staff costs | - | - | - | - |
| Income taxes | €25k | €28k | €25k | €10k |
| Dividends | €14k | €26k | - | - |
| Total assets | €600k | €602k | €528k | €195k |
| Equity | €308k | €260k | €204k | €109k |
| Debt | €292k | €342k | €324k | €86k |
| of which ≤ 1y | €80k | €107k | €85k | €56k |
| of which > 1y | €213k | €234k | €238k | €30k |
| Working capital | €125k | €74k | €34k | €83k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 2.57 | 1.69 | 1.40 | 2.49 |
| Quick ratio | 2.50 | 1.57 | 1.33 | 2.49 |
| Working capital ratio | 20.8% | 12.2% | 6.5% | 42.5% |
| Solvency | 51.3% | 43.3% | 38.7% | 55.9% |
| Debt / equity | 0.95 | 1.31 | 1.59 | 0.79 |
| Long-term debt ratio | 0.69 | 0.90 | 1.17 | 0.28 |
| Interest coverage | 14.79 | 16.92 | 20.62 | 58.07 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 10.2% | 13.8% | 18.0% | 18.6% |
| ROE | 19.9% | 31.8% | 46.6% | 33.2% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €600k | €602k | €528k | €195k |
| Fixed assets | 21/28 | €396k | €421k | €408k | €56k |
| Intangible fixed assets | 21 | €313 | €613 | €913 | €1k |
| Tangible fixed assets | 22/27 | €395k | €421k | €407k | €55k |
| Current assets | 29/58 | €205k | €181k | €120k | €138k |
| Stocks & contracts in progress | 3 | €6k | €13k | €6k | - |
| Amounts receivable within one year | 40/41 | €87k | €50k | €66k | €76k |
| Cash & bank | 54/58 | €81k | €83k | €18k | €47k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €600k | €602k | €528k | €195k |
| Equity | 10/15 | €308k | €260k | €204k | €109k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k |
| Reserves | 13 | €302k | €254k | €198k | €103k |
| Accumulated profits (losses) | 14 | €0 | €0 | - | - |
| Amounts payable | 17/49 | €292k | €342k | €324k | €86k |
| Amounts payable after one year | 17 | €213k | €234k | €238k | €30k |
| Amounts payable within one year | 42/48 | €80k | €107k | €85k | €56k |
| Trade debts payable within one year | 44 | €3k | €14k | €5k | €25k |
| Income statement | |||||
| Gross operating margin | 9900 | €152k | €173k | €183k | €62k |
| Operating result | 9901 | €96k | €121k | €128k | €47k |
| Financial income | 75 | €1 | €13 | €257 | €15 |
| Financial charges | 65 | €10k | €10k | €9k | €996 |
| Result before taxes | 9903 | €86k | €111k | €120k | €46k |
| Income taxes | 67/77 | €25k | €28k | €25k | €10k |
| Net result for the period | 9904 | €61k | €83k | €95k | €36k |
| Result to be appropriated | 9905 | €61k | €83k | €95k | €36k |
-
Jermy DewaeleDirectorState Gazette act 23344648 (12-05-2023)Current12-05-2023 → present
-
Karen VandemeulebrouckeDirectorState Gazette act 23344648 (12-05-2023)Current12-05-2023 → present
| NACE primary | Roofing work(43410) |
| Legal form | Private limited company(610) |
| Incorporation | 28-11-2018 |
| Status | Active |
| Postal code | 8210 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31017D0026/00D000 | Flanders | 484 m² | 1 · 174 m² | - |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
12-05-2023 2 directors appointed
- Karen Vandemeulebroucke, Bestuurder
- Jermy Dewaele, Bestuurder
Technical details
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"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende bestuurders voor de uitoefening van zijn mandaat.",
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],
"notary": {
"name": "Dirk Hendrickx",
"firm_city": null,
"firm_name": null,
"office_city": "Brugge",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-05-12",
"filing_date": "2023-05-10",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-05-09",
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}
],
"is_correction": false,
"subject_company": {
"kbo": "0713.985.029",
"name_full": "SD DEWAELE",
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},
"co_filed_documents": [
"afschrift proces-verbaal van statutenwijziging",
"verslag van het bestuursorgaan dd. 09 mei 2023",
"co\u00F6rdinatie van statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | HOUTWORMEXPERT |