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 3 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2022 and 2023.
-
Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2023; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 2.5 to 0.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
woodstok from Torhout, company number BE0860012094, closed financial year 2023 with a result of € -1.4 million after tax. For that financial year woodstok recorded a gross margin of € -314,729 and equity of € -2.3 million. Compared with financial year 2022, the result moved from € -366,610 to € -1.4 million. 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 July 25, 2024.
€ -2.3 million
▼ € 1.4 million vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▼ 283 % more loss than in 2022
Profit after tax over the fiscal year.
€ 570
▼ 93% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.4 million.
People and assets in 2023
0
▼ 0.5 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 9
▼ € 27,243 vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2023
€ 11 million
▲ 6% vs 2022
€ 800,000 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 3.5 million
▲ 6% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 25,588
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 275,208 | € 71,420 | € -314,729 | ▼ € 386,149 |
| Profit after taxes | € -532,422 | € -366,610 | € -1,405,611 | ▼ € 1 million |
| Equity | € -528,094 | € -894,704 | € -2,300,315 | ▼ € 1.4 million |
| Total debts | € 14,722,487 | € 14,548,744 | € 16,216,090 | ▲ 11% |
| Cash | € 133,637 | € 8,133 | € 570 | ▼ 93% |
| Retained profit | € -638,800 | € -1,005,411 | € -2,411,022 | ▼ € 1.4 million |
| Bank debt | € 10,746,541 | € 10,334,974 | € 10,968,924 | ▲ 6% |
| Balance sheet total | € 14,194,393 | € 13,654,040 | € 13,915,776 | ▲ 2% |
| Employees (FTE) | 2.5 | 0.5 | 0 | ▼ 0.5 |
Key figures of woodstok, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 July 2025.
What happened to woodstok?
What happened at woodstok in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
woodstok is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 1.4 million. Source: NBB ↗
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 532,422 loss in 2021 to € 1.4 million loss in 2023.
Paid € 22 in corporate taxes since 2021.
On average € 110,100 of value added per employee in 2021.
A new publication or filing at woodstok? We notify you, reason included.
Follow woodstokDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind woodstok is Xavier Cappelle. It owns 99.9% of Smartsquare Development BV itself.
Directors
According to the 2023 annual accounts
Establishments
Establishment units
Physical locations of this company
Kortemarkstraat 64
8820 Torhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0860.012.094
- VAT number
- BE 0860.012.094
- Registered office
- Kortemarkstraat 64, 8820 Torhout
- Names & denominations
- woodstok
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 8 August 2003
- Peppol
- Not registered
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Handelsbemiddeling in hout en bouwmaterialen