WoonST
ActiveWoonST has been active since 1922 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €57.24M and a net result of €-496k. Equity is growing by ~5.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability56▼-5
Solvency48▼-3
Growth68▲+17
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 2.6 against 2.52 in 2022; short-term debt: 5.1% and cash: 10.5% of total assets), but 76.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
23.2%
Return on assets
-0.2%
Age of the figures
21 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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
44 d early
2023
37 d early
2022
42 d early
2021
80 d early
2020
53 d early
2019
78 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2024, full schema
Turnover
€20.47M▲ 147%
2022 · €8.28M
2018: €7.05M
2019: €7.23M
2020: €7.89M
2021: €8.05M
2022: €8.28M
2018 → 2024
EBIT margin
-2.0%▼ 15.1pp
2022 · 13.1%
2018: 24.7%
2019: 24.8%
2020: 47.3%
2021: 24.5%
2022: 13.1%
2018 → 2024
Net result
€-496k
2022 · €492k
2018: €941k
2019: €1.08M
2020: €2.95M
2021: €1.31M
2022: €492k
2018 → 2024
Working capital
€20.28M▲ 117%
2022 · €9.36M
2018: €8.34M
2019: €8.80M
2020: €10.13M
2021: €10.95M
2022: €9.36M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222024Trend
Turnover€7.23M-€7.89M▲ 9.3%€8.05M▲ 2.0%€8.28M▲ 2.8%€20.47M▲ 147%
Equity€32.41M-€35.11M▲ 8.3%€36.17M▲ 3.0%€37.50M▲ 3.7%€57.24M▲ 52.7%
Operating result€1.79M-€3.74M▲ 109%€1.97M▼ 47.2%€1.08M▼ 45.2%€-413k
Net result€1.08M-€2.95M▲ 174%€1.31M▼ 55.7%€492k▼ 62.3%€-496k
Result per fiscal year
Operating resultNet result
The operating result is €-413k in 2024, compared with €1.08M in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €246.63M
Fixed assets
€213.70M▲ 63.1%
Current assets
€32.94M▲ 112%
Equity and liabilities €246.63M
Equity
€57.24M▲ 52.7%
Provisions
€1.83M▲ 300%
Debt
€187.56M▲ 72.8%
The debt ratio rises from 74.1% to 76.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7.16M▲
2022 · €4.90M
Cash flow
€7.08M▲
2022 · €4.31M
Solvency
23.2%▼
2022 · 25.6%
Current ratio
2.60▲
2022 · 2.52
Quick ratio
2.35▼
2022 · 2.52
Debt / equity
3.28▲
2022 · 2.90
ROE
-0.9%▼
2022 · 1.3%
ROA
-0.2%▼
2022 · 0.3%
Interest coverage
1.83▼
2022 · 2.66
Debt
€187.56M▲
2022 · €108.57M
Debt ≤ 1 year
€12.65M▲
2022 · €6.14M
Debt > 1 year
€173.40M▲
2022 · €102.10M
Income taxes
€58k▲
2022 · €26k
Staff costs
€4.97M▲
2022 · €1.19M
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 2022
Balance sheet
Code20222024
Assets
Total assets20/58€146.52M€246.63M▲
Fixed assets21/28€131.02M€213.70M▲
Intangible fixed assets21€175k€472k▲
Tangible fixed assets22/27€130.43M€212.43M▲
Land and buildings22€106.96M€205.15M▲
Plant, machinery and equipment23€7k€15k▲
Furniture and vehicles24€44k€134k▲
Leasing and similar rights25-€0
Other tangible fixed assets26-€0
Assets under construction and advance payments27€23.43M€7.14M▼
Financial fixed assets28€413k€788k▲
Affiliated companies280/1-€2
Participating interests280-€2
Other financial fixed assets284/8€413k€788k▲
Shares284€413k€761k▲
Amounts receivable and cash guarantees285/8-€27k
Current assets29/58€15.50M€32.94M▲
Amounts receivable after more than one year29-€0
Trade receivables290-€0
Other amounts receivable291-€0
Stocks and contracts in progress3-€3.27M
Stocks30/36-€3.27M
Raw materials and consumables30/31-€0
Work in progress32-€0
Finished goods33-€0
Goods purchased for resale34-€0
Property held for sale35-€3.27M
Advance payments36-€0
Contracts in progress37-€0
Amounts receivable within one year40/41€378k€2.17M▲
Trade receivables40€34k€973k▲
Other amounts receivable41€344k€1.19M▲
Current investments50/53-€0
Own shares50-€0
Other investments51/53-€0
Cash at bank and in hand54/58€14.76M€25.99M▲
Deferred charges and accrued income490/1€370k€1.51M▲
Equity and liabilities
Total equity and liabilities10/49€146.52M€246.63M▲
Equity10/15€37.50M€57.24M▲
Contributions10/11€35k€42k▲
Capital10€35k-
Issued capital100€69k-
Uncalled capital101€33k-
Reserves13€27.82M€40.67M▲
Non-distributable reserves130/1€25.36M€36.10M▲
Legal reserve130€7k-
Reserves not available under the articles1311-€36.10M
Other1319€25.35M€0▼
Tax-exempt reserves132€2.47M€4.56M▲
Investment grants15€9.64M€16.53M▲
Provisions and deferred taxes16€457k€1.83M▲
Provisions for liabilities and charges160/5-€970k
Major repairs and maintenance162-€747k
Other liabilities and charges164/5-€223k
Deferred taxes168€457k€856k▲
Amounts payable17/49€108.57M€187.56M▲
Amounts payable after more than one year17€102.10M€173.40M▲
Financial debts170/4€100.70M€171.47M▲
Credit institutions173€100.70M€170.21M▲
Other loans174-€1.26M
Other amounts payable178/9€1.40M€1.94M▲
Amounts payable within one year42/48€6.14M€12.65M▲
Current portion of amounts payable after more than one year42€3.13M€6.60M▲
Trade debts44€2.06M€3.67M▲
Suppliers440/4€2.06M€3.67M▲
Taxes, remuneration and social security45€719k€1.66M▲
Taxes450/3€578k€999k▲
Remuneration and social security454/9€140k€659k▲
Other amounts payable47/48€234k€722k▲
Accrued charges and deferred income492/3€329k€1.51M▲
Income statement
Code20222024
Operating income70/76A€9.55M€23.35M▲
Turnover70€8.28M€20.47M▲
Own construction capitalised72€330k€302k▼
Other operating income74€693k€2.02M▲
Non-recurring operating income76A€250k€566k▲
Operating charges60/66A€8.47M€23.77M▲
Goods for resale, raw materials and consumables60-€1.46M
Purchases600/8-€1.04M
Change in stocks: decrease (increase)609-€417k
Services and other goods61€2.02M€7.71M▲
Remuneration, social security and pensions62€1.19M€4.97M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.82M€7.58M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€43k€45k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-50k
Other operating charges640/8€650k€1.67M▲
Non-recurring operating charges66A€746k€379k▼
Operating profit (loss)9901€1.08M€-413k▼
Financial income75/76B€1.27M€3.88M▲
Recurring financial income75€1.27M€3.88M▲
Income from current assets751€33k€379k▲
Other financial income752/9€1.23M€3.50M▲
Financial charges65/66B€1.84M€3.93M▲
Recurring financial charges65€1.84M€3.93M▲
Debt charges650€1.84M€3.92M▲
Other financial charges652/9€2k€11k▲
Profit (loss) for the period before taxes9903€504k€-464k▼
Transfer from deferred taxes780€15k€26k▲
Income taxes67/77€26k€58k▲
Taxes670/3€26k€74k▲
Tax adjustments and reversals of tax provisions77-€16k
Profit (loss) for the period9904€492k€-496k▼
Transfer from tax-exempt reserves789€8k€15k▲
Profit (loss) for the period to be appropriated9905€500k€-480k▼
Appropriation of the result
Profit (loss) to be appropriated9906€500k€-480k▼
Transfer from equity791/2-€480k
From reserves792-€480k
Transfer to equity691/2€500k-
To other reserves6921€500k-
Social balance
Average headcount (FTE)908713.758.0▲
The notes to these accounts (83 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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-496k ▼201%
Net result drops to €-496k, the lowest in the series.
31-12
Financial
Equity above €50MEq €57.24M ▲52.7%
Equity rises from €37.50M to €57.24M.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €2.95M ▲174%
Operating result €3.74M, net result €2.95M, both a record.
14-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
09-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
25-06-2025
Anna Maria Charlier: Resigned as Director
25-06-2025
Geert Van Drom: Resigned as Director
25-06-2025
Kim Aluwé: Resigned as Director
25-06-2025
Liliane Verbeke: Resigned as Director
25-06-2025
Maria Van Landeghem: Resigned as Director
25-06-2025
Melina De Pelsmaeker: Resigned as Director
25-06-2025
Stephan Van der Gucht: Resigned as Director
25-06-2025
Tim De Roeck: Resigned as Director
25-06-2025
Veerle De Beule: Resigned as Director
25-06-2025
Willem Riské: Resigned as Director
14-05-2025
Tom Anthuenis: Resigned as Director
09-04-2024
Franky De Graeve: Resigned as Director
09-04-2024
Franky De Graeve: Resigned as Managing director
03-01-2024
Guido Hanssens: Resigned as Director
03-01-2024
Ursula Jaramillo Cisternas: Resigned as Director
01-08-2023
Kim Aluwé: Resigned as Director
01-08-2023
Stephan Van der Gucht: Resigned as Director
01-08-2023
Willem Riské: Resigned as Director
01-08-2023
Franky De Graeve: Resigned as Director
01-08-2023
Katja Daman: Resigned as Director
01-08-2023
LIPPENS Christiaan: Resigned as Director
01-08-2023
STROBBE Kristien: Resigned as Director
01-08-2023
VAN HULLEBUS Bernard: Resigned as Director
01-08-2023
VERVLIET An: Resigned as Director
+ 30 not shown in this overview
Location & real-estate footprint
Registered office, Temse · 3 establishment units since 1965
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.
Mariadal 19140 TemseGround area
2,771 m²
Building footprint
1,726 m²
Volume, LiDAR
12,983 m³
3 parcels, Flanders · tallest building 17.3 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Mariadal 1, 9140 Temse
since 19652.228.676.849
Kantoor Sint-Niklaas - huur
since 20232.350.156.184
Kantoor Sint-Niklaas - koop en lening
since 20232.350.156.283
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46445D1073/00R002 | Flanders | 1,733 m² | 1 · 879 m² | 14.1 m · 3 fl. |
| 46443E1127/00G000 | Flanders | 724 m² | 1 · 584 m² | 17.2 m · 2 fl. |
| 46302D1502/00F004 | Flanders | 314 m² | 1 · 263 m² | 9.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 17 entries · 14,220,680 EUR awarded · 12,879,928 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 5 | 4,235,348 EUR | 3,747,763 EUR |
| 2024 | 4 | 3,657,456 EUR | 3,529,525 EUR |
| 2023 | 3 | 2,665,644 EUR | 2,967,490 EUR |
| 2022 | 5 | 3,662,232 EUR | 2,635,150 EUR |
Schemes
Tussenkomst FS3 aan initiatiefnemers
Subsidie Vlaams Klimaatfonds
Subsidie voor sloop en infrastructuurwerken
Individueel Maatwerk
Compensatie voor kosten van woonactoren bij controle van de eigendomsvoorwaarde in het buitenland
Show 1 more
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 331 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-1922
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68202Real estate activities
70111
70202
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@bouwmaatschappij-temse.woonnet.be
Phone:03/771.10.33