DE WOLF - DESIGN
ActiveSummary
DE WOLF - DESIGN has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €397k and a net result of €-11k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability16▼-64
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 15.78 against 17.28 in 2024; short-term debt: 6.1% and cash: 88.1% of total assets), and 6.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
93.2%
Return on assets
-2.6%
Age of the figures
9 mo
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 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
74 d early
2024
77 d early
2023
55 d early
2022
55 d early
2021
75 d early
2020
65 d early
2019
59 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€397k▼ 2.7%
2024 · €408k
2018: €225klowest in 8 years
2019: €232k▲ +3.1% vs 2018
2020: €250k▲ +7.6% vs 2019
2021: €298k▲ +19.2% vs 2020
2022: €374k▲ +25.4% vs 2021
2023: €368k▼ -1.6% vs 2022
2024: €408k▲ +10.9% vs 2023highest in 8 years
2025: €397k▼ -2.7% vs 2024
2018 → 2025
Total assets
€426k▼ 2.5%
2024 · €437k
2018: €379k
2019: €254k▼ -32.9% vs 2018lowest in 8 years
2020: €282k▲ +10.9% vs 2019
2021: €359k▲ +27.5% vs 2020
2022: €428k▲ +19.2% vs 2021
2023: €422k▼ -1.5% vs 2022
2024: €437k▲ +3.6% vs 2023highest in 8 years
2025: €426k▼ -2.5% vs 2024
2018 → 2025
Net result
€-11k
2024 · €40k
2018: €-8k
2019: €7k▲ +185% vs 2018
2020: €18k▲ +156% vs 2019
2021: €48k▲ +172% vs 2020
2022: €76k▲ +58.2% vs 2021highest in 8 years
2023: €-6k▼ -108% vs 2022
2024: €40k▲ +781% vs 2023
2025: €-11k▼ -127% vs 2024lowest in 8 years
2018 → 2025
Working capital
€385k▼ 3.0%
2024 · €396k
2018: €211klowest in 8 years
2019: €222k▲ +5.0% vs 2018
2020: €246k▲ +11.1% vs 2019
2021: €299k▲ +21.3% vs 2020
2022: €355k▲ +18.9% vs 2021
2023: €348k▼ -2.0% vs 2022
2024: €396k▲ +14.0% vs 2023highest in 8 years
2025: €385k▼ -3.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€298k-€374k▲ 25.4%€368k▼ 1.6%€408k▲ 10.9%€397k▼ 2.7%
2021: €298klowest in 5 years
2022: €374k▲ +25.4% vs 2021
2023: €368k▼ -1.6% vs 2022
2024: €408k▲ +10.9% vs 2023highest in 5 years
2025: €397k▼ -2.7% vs 2024
Operating result€59k-€97k▲ 63.5%€-9k€47k€-14k
2021: €59k
2022: €97k▲ +63.5% vs 2021highest in 5 years
2023: €-9k▼ -109% vs 2022
2024: €47k▲ +605% vs 2023
2025: €-14k▼ -130% vs 2024lowest in 5 years
Net result€48k-€76k▲ 58.2%€-6k€40k€-11k
2021: €48k
2022: €76k▲ +58.2% vs 2021highest in 5 years
2023: €-6k▼ -108% vs 2022
2024: €40k▲ +781% vs 2023
2025: €-11k▼ -127% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €14k after €47k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €426k
Fixed assets
€15k ▼ 5.8%
Current assets
€411k ▼ 2.4%
Equity and liabilities €426k
Equity
€397k ▼ 2.7%
Provisions
€3k ▼ 38.9%
Debt
€26k ▲ 6.9%
Debt's share of the balance-sheet total rises from 5.6% to 6.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-9k▼
2024 · €54k
Cash flow
€-5k▼
2024 · €48k
Current ratio
15.78▼
2024 · 17.28
Quick ratio
15.08▼
2024 · 16.16
Debt to equity
0.07▲
2024 · 0.06
ROE
-2.7%▼
2024 · 9.8%
ROA
-2.6%▼
2024 · 9.2%
Interest coverage
-15.39▼
2024 · 164.40
Debt ≤ 1 year
€26k▲
2024 · €24k
Income taxes
€404▼
2024 · €13k
Staff costs
€3k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€437k€426k▼
Fixed assets21/28€16k€15k▼
Tangible fixed assets22/27€16k€15k▼
Furniture and vehicles24€327€0▼
Other tangible fixed assets26€15k€15k▼
Financial fixed assets28€550€550=
Current assets29/58€421k€411k▼
Stocks and contracts in progress3€27k€18k▼
Stocks30/36€27k€18k▼
Amounts receivable within one year40/41€21k€6k▼
Trade receivables40€11k€3k▼
Other amounts receivable41€9k€3k▼
Cash at bank and in hand54/58€369k€375k▲
Deferred charges and accrued income490/1€4k€12k▲
Equity and liabilities
Total equity and liabilities10/49€437k€426k▼
Equity10/15€408k€397k▼
Contributions10/11€19k€19k=
Reserves13€389k€389k=
Tax-exempt reserves132€21k€21k=
Distributable reserves133€368k€368k=
Profit (loss) carried forward14€0€-11k▼
Provisions and deferred taxes16€5k€3k▼
Provisions for liabilities and charges160/5€5k€3k▼
Other liabilities and charges164/5€5k€3k▼
Amounts payable17/49€24k€26k▲
Amounts payable within one year42/48€24k€26k▲
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Advances received on contracts in progress46€12k€19k▲
Taxes, remuneration and social security45€6k€2k▼
Taxes450/3€6k€1k▼
Remuneration and social security454/9€758€773▲
Income statement
Code20242025
Remuneration, social security and pensions62€2k€3k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€5k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€1k€-2k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€60k€-6k▼
Operating profit (loss)9901€47k€-14k▼
Financial income75/76B€7k€4k▼
Recurring financial income75€7k€4k▼
Financial charges65/66B€330€553▲
Recurring financial charges65€330€553▲
Profit (loss) for the period before taxes9903€53k€-10k▼
Income taxes67/77€13k€404▼
Profit (loss) for the period9904€40k€-11k▼
Profit (loss) for the period to be appropriated9905€40k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€-11k▼
Profit (loss) brought forward from the previous period14P€-6k€0▲
Transfer to equity691/2€34k€0▼
To other reserves6921€34k€0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2k | €463 | €390 | €2k | €3k | ▲ 10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €4k | €7k | €8k | €5k | ▼ 30.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €995 | €476 | €-2k | €1k | €-2k | ▼ 248% |
| Other operating charges640/8 | €2k | €2k | €2k | €2k | €2k | ▼ 10.6% |
| Gross operating margin9900 | €69k | €104k | €-2k | €60k | €-6k | ▼ 109% |
| Operating profit (loss)9901 | €59k | €97k | €-9k | €47k | €-14k | ▼ 130% |
| Financial income75/76B | €7k | €8k | €4k | €7k | €4k | ▼ 42.7% |
| Recurring financial income75 | €7k | €8k | €4k | €7k | €4k | ▼ 42.7% |
| Financial charges65/66B | €291 | €359 | €20 | €330 | €553 | ▲ 67.4% |
| Recurring financial charges65 | €291 | €359 | €20 | €330 | €553 | ▲ 67.4% |
| Profit (loss) for the period before taxes9903 | €66k | €105k | €-6k | €53k | €-10k | ▼ 120% |
| Income taxes67/77 | €18k | €29k | €353 | €13k | €404 | ▼ 96.9% |
| Profit (loss) for the period9904 | €48k | €76k | €-6k | €40k | €-11k | ▼ 127% |
| Profit (loss) for the period to be appropriated9905 | €48k | €76k | €-6k | €40k | €-11k | ▼ 127% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €359k | €428k | €422k | €437k | €426k | ▼ 2.5% |
| Fixed assets21/28 | €4k | €24k | €23k | €16k | €15k | ▼ 5.8% |
| Tangible fixed assets22/27 | €4k | €24k | €23k | €16k | €15k | ▼ 6.0% |
| Furniture and vehicles24 | €2k | €1k | €2k | €327 | €0 | ▼ 100% |
| Other tangible fixed assets26 | €1k | €22k | €21k | €15k | €15k | ▼ 4.0% |
| Financial fixed assets28 | €550 | €550 | €550 | €550 | €550 | = |
| Current assets29/58 | €355k | €404k | €399k | €421k | €411k | ▼ 2.4% |
| Stocks and contracts in progress3 | €30k | €32k | €39k | €27k | €18k | ▼ 33.2% |
| Stocks30/36 | €30k | €32k | €39k | €27k | €18k | ▼ 33.2% |
| Amounts receivable within one year40/41 | €15k | €6k | €23k | €21k | €6k | ▼ 72.1% |
| Trade receivables40 | €13k | €6k | €14k | €11k | €3k | ▼ 71.9% |
| Other amounts receivable41 | €1k | €39 | €9k | €9k | €3k | ▼ 72.4% |
| Cash at bank and in hand54/58 | €307k | €363k | €333k | €369k | €375k | ▲ 1.7% |
| Deferred charges and accrued income490/1 | €3k | €3k | €4k | €4k | €12k | ▲ 195% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €359k | €428k | €422k | €437k | €426k | ▼ 2.5% |
| Equity10/15 | €298k | €374k | €368k | €408k | €397k | ▼ 2.7% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €279k | €355k | €355k | €389k | €389k | = |
| Non-distributable reserves130/1 | €3k | €3k | €0 | - | - | - |
| Reserves not available under the articles1311 | €3k | €3k | €0 | - | - | - |
| Tax-exempt reserves132 | €21k | €21k | €21k | €21k | €21k | = |
| Distributable reserves133 | €255k | €331k | €334k | €368k | €368k | = |
| Profit (loss) carried forward14 | - | - | €-6k | €0 | €-11k | - |
| Provisions and deferred taxes16 | €5k | €6k | €4k | €5k | €3k | ▼ 38.9% |
| Provisions for liabilities and charges160/5 | €5k | €6k | €4k | €5k | €3k | ▼ 38.9% |
| Other liabilities and charges164/5 | €5k | €6k | €4k | €5k | €3k | ▼ 38.9% |
| Amounts payable17/49 | €56k | €49k | €51k | €24k | €26k | ▲ 6.9% |
| Amounts payable within one year42/48 | €56k | €49k | €51k | €24k | €26k | ▲ 6.9% |
| Trade debts44 | €11k | €9k | €9k | €6k | €5k | ▼ 15.7% |
| Suppliers440/4 | €11k | €9k | €9k | €6k | €5k | ▼ 15.7% |
| Advances received on contracts in progress46 | €33k | €8k | €22k | €12k | €19k | ▲ 54.5% |
| Taxes, remuneration and social security45 | €12k | €32k | €20k | €6k | €2k | ▼ 64.6% |
| Taxes450/3 | €11k | €31k | €19k | €6k | €1k | ▼ 73.5% |
| Remuneration and social security454/9 | €662 | €679 | €725 | €758 | €773 | ▲ 1.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48k | €76k | €-6k | €40k | €-11k | ▼ 127% |
| + Depreciation and write-downs630 | €4k | €4k | €7k | €8k | €5k | ▼ 30.0% |
| Operating cash flow (approximation) | €52k | €80k | €1k | €48k | €-5k | ▼ 111% |
| Investment in fixed assets (approximation) | - | €-24k | €-6k | €-561 | €-5k | ▼ 703% |
| Change in cash | - | €56k | €-30k | €36k | €6k | ▼ 82.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 17.28
Current ratio from 7.87 to 17.28; short-term debt falls from €51k to €24k.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €76k ▲58.2%
Operating result €97k, net result €76k, both a record.
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
Show earlier events
31-12
Financial
Liquidity times 5current ratio 12.83
Current ratio from 2.42 to 12.83; short-term debt falls from €149k to €19k.
13-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Asse · 2 establishment units since 1991
Ground area
1,559 m²
Building footprint
218 m²
Volume, LiDAR
1,274 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Kastanjelaan 13, 1730 Asse
since 19912.054.452.476
DE WOLF DESIGN
since 20162.257.418.345
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322B0100/00M016 | Flanders | 1,294 m² | 1 · 218 m² | 9.4 m · 2 fl. |
| 23077A0124/00M020 | Flanders | 264 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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FONY - MEUBLES
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SFERATO IMPORT
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APART KEUKENS
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Of 2,607 companies in sector 47551 we hold annual accounts for 1,716. 1,256 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-09-1991
Fiscal year end31-12
Activities, NACEBEL 2025
31002Manufacture of furniture
47551Retail sale of household furniture
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.