Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FOLKS WOOD from Ukkel, company number BE0542395492, closed financial year 2025 with a result of € 4,222 after tax. For that financial year FOLKS WOOD recorded a gross margin of € 15,231 and equity of € -19,590. Compared with financial year 2024, the result moved from € 206 to € 4,222. Profitable, and profit is growing. 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 10, 2026.
€ -19,590
▲ € 4,222 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,222
▲ € 4,016 vs 2024
Profit after tax over the fiscal year.
€ 340
▼ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -31,990.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,373
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 122,918
▼ 11% vs 2024
€ 12,866 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 33,392
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,458
▼ 38% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -12,426 | € 11,267 | € 20,607 | € 15,231 | ▼ 26% |
| Profit after taxes | € -35,262 | € -11,857 | € 206 | € 4,222 | ▲ € 4,016 |
| Equity | € -12,162 | € -24,018 | € -23,812 | € -19,590 | ▲ € 4,222 |
| Total debts | € 352,110 | € 364,234 | € 354,201 | € 303,520 | ▼ 14% |
| Cash | € 7,911 | € 434 | € 2,668 | € 340 | ▼ 87% |
| Land & buildings | € 220,348 | € 209,165 | € 197,982 | € 186,798 | ▼ 6% |
| Retained profit | € -24,562 | € -36,418 | € -36,212 | € -31,990 | ▲ € 4,222 |
| Bank debt | € 168,254 | € 153,464 | € 138,345 | € 122,918 | ▼ 11% |
| Balance sheet total | € 339,949 | € 340,216 | € 330,389 | € 283,930 | ▼ 14% |
Key figures of FOLKS WOOD, 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 FOLKS WOOD?
What happened at FOLKS WOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,222 (▲ € 4,016 vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Drogenbos. KBO
In short
From € 35,262 loss in 2022 to € 4,222 profit in 2025.
Paid € 417 in corporate taxes since 2022.
Best year ever: 2025, with € 4,222 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
DAVID FOLKMAR
Director
Establishments
Establishment units
Physical locations of this company
Copernicusstraat 121
1180 Ukkel
Paul Gilsonlaan 470
1620 Drogenbos
Active since 13 November 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0542.395.492
- VAT number
- BE 0542.395.492
- Registered office
- Copernicusstraat 121, 1180 Ukkel
- Names & denominations
- FOLKS WOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 November 2013
- Peppol
- Active · Active since 19 Aug 2026
- Activities · NACE
Schrijnwerk
Handelsbemiddeling in de groothandel in andere specifieke goederen
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten
Overige gespecialiseerde bouwactiviteiten, neg
Plaatsen van vloerbedekking en wandbekleding van hout
Restaureren van bouwwerken