De Wielen
ActiveDe Wielen has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.39M and a net result of €20k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 89% of 1286 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
64
/ 100
Healthy▲ +24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▲+7
Solvency67=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity short (current ratio 0.41 against 0.48 in 2024), and 21.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.3%
Return on assets
1.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
51 d early
2023
26 d early
2022
30 d late
2021
24 d early
2020
2 d late
2019
4 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.39M▲ 1.5%
2024 · €1.37M
2018: €1.26M
2019: €1.28M
2020: €1.32M
2021: €1.36M
2022: €1.40M
2023: €1.37M
2024: €1.37M
2018 → 2025
Total assets
€1.77M=
2024 · €1.77M
2018: €1.61M
2019: €1.59M
2020: €1.67M
2021: €1.72M
2022: €1.75M
2023: €1.76M
2024: €1.77M
2018 → 2025
Net result
€20k
2024 · €-3k
2018: €36k
2019: €19k
2020: €42k
2021: €53k
2022: €41k
2023: €14k
2024: €-3k
2018 → 2025
Working capital
€-213k▼ 18.9%
2024 · €-179k
2018: €-118k
2019: €-158k
2020: €-95k
2021: €-232k
2022: €-138k
2023: €-153k
2024: €-179k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.36M-€1.40M▲ 3.0%€1.37M▼ 2.0%€1.37M▼ 0.2%€1.39M▲ 1.5%
Operating result€54k-€69k▲ 27.0%€33k▼ 52.4%€12k▼ 62.4%€44k▲ 262%
Net result€53k-€41k▼ 23.9%€14k▼ 66.3%€-3k€20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 262% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.77M
Fixed assets
€1.62M▲ 1.2%
Current assets
€148k▼ 11.3%
Equity and liabilities €1.77M
Equity
€1.39M▲ 1.5%
Debt
€384k▼ 4.8%
The debt ratio falls from 22.8% to 21.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€162k▲
2024 · €113k
Cash flow
€138k▲
2024 · €97k
Solvency
78.3%▲
2024 · 77.2%
Current ratio
0.41▼
2024 · 0.48
Quick ratio
0.41▼
2024 · 0.48
Debt / equity
0.28▼
2024 · 0.30
ROE
1.4%▲
2024 · -0.2%
ROA
1.1%▲
2024 · -0.2%
Interest coverage
19.64▲
2024 · 14.91
Debt
€384k▼
2024 · €403k
Debt ≤ 1 year
€361k▲
2024 · €346k
Debt > 1 year
€23k▼
2024 · €58k
Income taxes
€16k▲
2024 · €8k
Staff costs
€224k▲
2024 · €208k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.77M€1.77M=
Fixed assets21/28€1.60M€1.62M▲
Tangible fixed assets22/27€1.60M€1.62M▲
Land and buildings22€1.23M€1.22M▼
Plant, machinery and equipment23€274k€337k▲
Furniture and vehicles24€99k€66k▼
Financial fixed assets28€625€625=
Current assets29/58€167k€148k▼
Amounts receivable within one year40/41€58k€35k▼
Trade receivables40€18k€12k▼
Other amounts receivable41€40k€23k▼
Cash at bank and in hand54/58€4k€6k▲
Deferred charges and accrued income490/1€105k€106k▲
Equity and liabilities
Total equity and liabilities10/49€1.77M€1.77M=
Equity10/15€1.37M€1.39M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.14M€1.16M▲
Non-distributable reserves130/1€11k€11k=
Legal reserve130€11k€11k=
Distributable reserves133€1.13M€1.15M▲
Profit (loss) carried forward14€165k€165k=
Amounts payable17/49€403k€384k▼
Amounts payable after more than one year17€58k€23k▼
Financial debts170/4€58k€23k▼
Amounts payable within one year42/48€346k€361k▲
Current portion of amounts payable after more than one year42€43k€34k▼
Financial debts43€20k€30k▲
Credit institutions430/8€20k€30k▲
Trade debts44€165k€174k▲
Suppliers440/4€165k€174k▲
Taxes, remuneration and social security45€5k€8k▲
Taxes450/3€3k€7k▲
Remuneration and social security454/9€3k€934▼
Other amounts payable47/48€112k€115k▲
Income statement
Code20242025
Remuneration, social security and pensions62€208k€224k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€100k€118k▲
Other operating charges640/8€147k€149k▲
Gross operating margin9900€468k€535k▲
Operating profit (loss)9901€12k€44k▲
Financial income75/76B€105€326▲
Recurring financial income75€105€326▲
Financial charges65/66B€8k€8k▲
Recurring financial charges65€8k€8k▲
Profit (loss) for the period before taxes9903€5k€36k▲
Income taxes67/77€8k€16k▲
Profit (loss) for the period9904€-3k€20k▲
Profit (loss) for the period to be appropriated9905€-3k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€165k€185k▲
Profit (loss) brought forward from the previous period14P€168k€165k▼
Transfer from equity791/2€0-
Transfer to equity691/2€0€20k▲
To other reserves6921€0€20k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-3k ▼124%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €53k ▲27.1%
Net result €53k, the highest in the series.
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Blankenberge · 1 establishment unit since 1976
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zeebruggelaan 1358370 BlankenbergeGround area
211 m²
Building footprint
211 m²
Volume, LiDAR
1,241 m³
Parcel 31034B0446/00C000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Wielen
since 19762.012.967.061
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31034B0446/00C000 | Flanders | 211 m² | 1 · 211 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,151 EUR awarded · 2,151 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,151 EUR | 2,151 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Similar companies · same sector, comparable size
DE ZEEMEEUW - RESIDENTIEEL PARK
BE 0418.761.173
Middelkerke · Eq €1.40M
CAMPING EUROP
BE 0456.944.333
Knokke-Heist · Eq €1.40M
Urban Gardens
BE 0783.446.432
Gent · Eq €1.33M
CAMPING VOORHOUT
BE 0417.660.719
Stekene · Eq €1.45M
JAMBOREE
BE 1020.676.758
De Haan · Eq €1.46M
Of 440 companies in sector 55300 we hold annual accounts for 291. 205 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-09-1975
Fiscal year end31-12
Activities, NACEBEL
55220
55300Accommodation
45194
46713Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.