woodwork
Activewoodwork has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82k and a net result of €18k. Equity is growing by ~32.9% per year across the filed fiscal years. Its solvency ranks better than 28% of 2031 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency38▼-34
Growth60=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.86 against 2.56 in 2024), and 72.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.1%
Return on assets
6%
Age of the figures
8 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
50 d early
2023
35 d late
2022
46 d late
2021
3 d early
2020
11 d late
2019
6 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€238k▼ 2.7%
2018 · €245k
2018: €245k
2018 → 2019
EBIT margin
6.4%▼ 0.8pp
2018 · 7.2%
2018: 7.2%
2018 → 2019
Net result
€18k▼ 27.1%
2024 · €25k
2018: €9k
2019: €8k
2020: €7k
2021: €35k
2022: €5k
2023: €-989
2024: €25k
2018 → 2025
Working capital
€-12k
2024 · €43k
2018: €14k
2019: €20k
2020: €25k
2021: €60k
2022: €53k
2023: €50k
2024: €43k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€44k▲ 13.6%€43k▼ 2.3%€68k▲ 58.5%€82k▲ 21.2%
Operating result€41k-€10k▼ 74.9%€3k▼ 71.0%€39k▲ 1,188%€29k▼ 24.8%
Net result€35k-€5k▼ 85.1%€-989€25k€18k▼ 27.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €303k
Fixed assets
€232k▲ 63.4%
Current assets
€70k▼ 1.1%
Equity and liabilities €303k
Equity
€82k▲ 21.2%
Debt
€221k▲ 51.5%
The debt ratio rises from 68.3% to 72.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€50k▼
2024 · €57k
Cash flow
€39k▼
2024 · €43k
Solvency
27.1%▼
2024 · 31.7%
Current ratio
0.86▼
2024 · 2.56
Quick ratio
0.76▼
2024 · 2.07
Debt / equity
2.69▲
2024 · 2.15
ROE
22.2%▼
2024 · 36.9%
ROA
6.0%▼
2024 · 11.7%
Interest coverage
10.37▲
2024 · 7.79
Debt
€221k▲
2024 · €146k
Debt ≤ 1 year
€82k▲
2024 · €28k
Debt > 1 year
€138k▲
2024 · €118k
Income taxes
€6k▼
2024 · €6k
Staff costs
€3k▼
2024 · €3k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€213k€303k▲
Fixed assets21/28€142k€232k▲
Tangible fixed assets22/27€142k€232k▲
Land and buildings22€134k€215k▲
Plant, machinery and equipment23€1k€841▼
Furniture and vehicles24€7k€17k▲
Current assets29/58€71k€70k▼
Stocks and contracts in progress3€14k€8k▼
Stocks30/36€14k€8k▼
Amounts receivable within one year40/41€50k€46k▼
Trade receivables40€46k€38k▼
Other amounts receivable41€4k€9k▲
Cash at bank and in hand54/58€7k€16k▲
Equity and liabilities
Total equity and liabilities10/49€213k€303k▲
Equity10/15€68k€82k▲
Contributions10/11€16k€16k=
Capital10€16k€16k=
Issued capital100€19k€19k=
Uncalled capital101€3k€3k=
Reserves13€42k€37k▼
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€40k€35k▼
Profit (loss) carried forward14€10k€29k▲
Amounts payable17/49€146k€221k▲
Amounts payable after more than one year17€118k€138k▲
Financial debts170/4€118k€138k▲
Amounts payable within one year42/48€28k€82k▲
Current portion of amounts payable after more than one year42€14k€10k▼
Trade debts44€1k€52k▲
Suppliers440/4€1k€52k▲
Taxes, remuneration and social security45€10k€4k▼
Taxes450/3€6k-
Remuneration and social security454/9€3k€4k▲
Other amounts payable47/48€3k€17k▲
Income statement
Code20242025
Remuneration, social security and pensions62€3k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€21k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€63k€55k▼
Operating profit (loss)9901€39k€29k▼
Financial income75/76B€146€40▼
Recurring financial income75€146€40▼
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€31k€24k▼
Income taxes67/77€6k€6k▼
Profit (loss) for the period9904€25k€18k▼
Profit (loss) for the period to be appropriated9905€25k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€29k▼
Profit (loss) brought forward from the previous period14P€5k€11k▲
Transfer to equity691/2€20k-
To the legal reserve6920€20k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
04-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 35 days late
2023
31-12
Financial
Weakest financial yearnet €-989 ▼119%
Net result drops to €-989, the lowest in the series; recovery starts the following year.
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 46 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €35k ▲373%
Operating result €41k, net result €35k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.57
Current ratio from 1.53 to 3.57; short-term debt falls from €48k to €23k.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 11 days late
2020
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 6 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Hoeilaart · 1 establishment unit since 2006
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.
Bergstraat 221560 HoeilaartGround area
1,341 m²
Building footprint
468 m²
Volume, LiDAR
2,683 m³
2 parcels, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Woodwork
since 20062.152.301.821
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23033B0151/00G000 | Flanders | 899 m² | 1 · 195 m² | 9.9 m · 2 fl. |
| 23033B0543/00L000 | Flanders | 441 m² | 1 · 272 m² | 11.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 19,947 companies in sector 43320 we hold annual accounts for 9,084. 7,642 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-01-2006
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:woodwork@tiscali.be