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 2 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 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AJ WOOD from Incourt, company number BE0748751908, closed financial year 2025 with a result of € -35,130 after tax. For that financial year AJ WOOD recorded a gross margin of € 5,332 and equity of € -44,280. Compared with financial year 2024, the result moved from € -36,489 to € -35,130. 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 20, 2026.
€ -44,280
▼ € 35,130 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,130
▲ 4 % less loss than in 2024
Profit after tax over the fiscal year.
€ 5,229
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -47,280.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 103
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 30,146
▼ 53% vs 2024
Of which on lease € 29,638.
Debts at end 2025
€ 55,533
▼ 27% vs 2024
€ 21,783 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 24,874
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,625
▲ 44% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 37,265 | € 56,104 | € 10,271 | € 5,332 | ▼ 48% |
| Profit after taxes | € 381 | € 9,344 | € -36,489 | € -35,130 | ▲ € 1,359 |
| Equity | € 17,996 | € 27,339 | € -9,150 | € -44,280 | ▼ € 35,130 |
| Total debts | € 163,293 | € 163,960 | € 148,426 | € 119,450 | ▼ 20% |
| Cash | € 10,770 | € 15,793 | € 19,146 | € 5,229 | ▼ 73% |
| Retained profit | € 14,996 | € 24,339 | € -12,150 | € -47,280 | ▼ € 35,130 |
| Bank debt | € 119,703 | € 133,012 | € 76,184 | € 55,533 | ▼ 27% |
| Balance sheet total | € 181,288 | € 191,300 | € 139,276 | € 75,171 | ▼ 46% |
Key figures of AJ 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 AJ WOOD?
What happened at AJ WOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 35,130. filed late Source: NBB ↗
- New establishment in Incourt. KBO
- Start of the company according to the CBE. KBO
In short
From € 381 profit in 2022 to € 35,130 loss in 2025.
Paid € 9,412 in corporate taxes since 2022.
Best year ever: 2023, with € 9,344 profit.
Management
Behind AJ WOOD is AXEL VAN DER CUYLEN.
Directors
According to the 2025 annual accounts
AXEL VAN DER CUYLEN
Director
Establishments
Establishment units
Physical locations of this company
Rue de la Montagne 2 box B
1315 Incourt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0748.751.908
- VAT number
- BE 0748.751.908
- Registered office
- Rue de la Montagne 2 bus B, 1315 Incourt
- Names & denominations
- AJ WOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2020
- Peppol
- Active · Active since 14 Oct 2025
- Contact
- upwood.be
- Activities · NACE
Schrijnwerk