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.
Financials
Financial year 2025
WOOD SERVICE from Asse, company number BE0669829342, closed financial year 2025 with a result of € 11,770 after tax. For that financial year WOOD SERVICE recorded a gross margin of € 27,127 and equity of € -40,741. Compared with financial year 2024, the result moved from € -18,597 to € 11,770. 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 December 9, 2025.
€ -40,741
▲ € 11,770 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,770
▲ still € 18,597 loss in 2024
Profit after tax over the fiscal year.
€ 2,405
▼ 22% 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 € -59,341.
People and assets in 2025
€ 1,791
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 37,471
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 116,879
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 8,945
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 366,280 | - | - | |
| Gross margin | € 30,959 | € 9,086 | € -5,450 | € 27,127 | ▲ € 32,577 |
| Profit after taxes | € 27,042 | € 3,735 | € -18,597 | € 11,770 | ▲ € 30,367 |
| Equity | € -34,611 | € -16,476 | € -52,511 | € -40,741 | ▲ € 11,770 |
| Total debts | € 110,457 | € 120,259 | € 143,497 | € 125,823 | ▼ 12% |
| Cash | € 87 | € 95 | € 3,078 | € 2,405 | ▼ 22% |
| Retained profit | € -53,211 | € -49,476 | € -71,111 | € -59,341 | ▲ € 11,770 |
| Bank debt | € 110,304 | € 109,734 | € 120,326 | € 116,879 | ▼ 3% |
| Balance sheet total | € 75,846 | € 103,783 | € 90,986 | € 85,082 | ▼ 6% |
By gross margin, WOOD SERVICE ranks 7th of 12 companies with main activity “Schrijnwerk” in Asse that publish figures (fiscal year 2025).
Key figures of WOOD SERVICE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
Ask about WOOD SERVICE the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to WOOD SERVICE?
What happened at WOOD SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,770. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Asse. KBO
In short
From € 27,042 profit in 2022 to € 11,770 profit in 2025.
Best year ever: 2022, with € 27,042 profit.
Establishments
Establishment units
Physical locations of this company
Vliegwezenlaan 29
1731 Asse
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Asse
Same main activity (Schrijnwerk), 17 active companies in Asse, largest first.
€ 2.6 million gross margin · 2025
€ 365,707 gross margin · 2025
€ 100,422 gross margin · 2025
€ 54,642 gross margin · 2024
€ 53,658 gross margin · 2025
€ 40,793 gross margin · 2026
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
woodservice.be
Registered
2021-02-28
Website info
Features
Security
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Toader Mihali(oprichter) 70%
- Nelu Danci(oprichter) 30%
Details
- Company number
- 0669.829.342
- VAT number
- BE 0669.829.342
- Registered office
- Vliegwezenlaan 29, 1731 Asse
- Names & denominations
- WOOD SERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 January 2017
- Peppol
- Active · Active since 27 Jan 2025
- Contact
- woodservice.be
- Activities · NACE
Schrijnwerk
Overige werkzaamheden in verband met de afwerking van gebouwen
Stukadoorswerk