Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THE CARPENTER WOOD-WORKS from Hulshout, company number BE0478498723, closed financial year 2025 with a result of € -17,066 after tax. For that financial year THE CARPENTER WOOD-WORKS recorded a gross margin of € -16,080 and equity of € -50,820. Compared with financial year 2024, the result moved from € -8,853 to € -17,066. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -50,820
▼ € 17,066 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,066
▼ 93 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3
▼ € 2,285 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -63,120.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,033
▲ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,308
▲ 46% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 20,282 | - | |
| Gross margin | € -9,762 | € -16,451 | € -7,753 | € -16,080 | ▼ € 8,326 |
| Profit after taxes | € -11,337 | € -17,364 | € -8,853 | € -17,066 | ▼ € 8,213 |
| Equity | € -7,537 | € -24,902 | € -33,754 | € -50,820 | ▼ € 17,066 |
| Total debts | € 22,377 | € 28,443 | € 36,104 | € 50,941 | ▲ 41% |
| Cash | € 3,390 | € 3,013 | € 2,289 | € 3 | ▼ € 2,285 |
| Retained profit | € -19,837 | € -37,202 | € -46,054 | € -63,120 | ▼ € 17,066 |
| Balance sheet total | € 14,840 | € 3,541 | € 2,350 | € 121 | ▼ 95% |
Key figures of THE CARPENTER WOOD-WORKS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to THE CARPENTER WOOD-WORKS?
What happened at THE CARPENTER WOOD-WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 17,066. filed late Source: NBB ↗
- Maggy Van Herck became a director. NBB
- New establishment in Hulshout. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,337 loss in 2022 to € 17,066 loss in 2025.
Management
Behind THE CARPENTER WOOD-WORKS are Maggy Van Herck and Tom Maria Bart Goormans.
Directors
According to the 2025 annual accounts
Maggy Van Herck
Director
since 2017
Tom Maria Bart Goormans
Director
Establishments
Establishment units
Physical locations of this company
Bedrijvenstraat 11
2235 Hulshout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.498.723
- VAT number
- BE 0478.498.723
- Registered office
- Bedrijvenstraat 11, 2235 Hulshout
- Names & denominations
- THE CARPENTER WOOD-WORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 2002
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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