De Wolf Keukens
ActiveSummary
De Wolf Keukens has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €794k and a net result of €115k. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 58% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+19
Solvency70▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.99 against 1.88 in 2024; short-term debt: 45.9% and cash: 39.5% of total assets), but 55.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
Sector 47
higher
← 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
44.8%
Return on assets
6.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
2 d early
2023
1 d early
2022
31 d late
2021
75 d late
2020
31 d late
2019
90 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€794k▲ 16.9%
2024 · €679k
2018: €221k
2019: €266k
2020: €299k
2021: €404k
2022: €538k
2023: €606k
2024: €679k
2018 → 2025
Total assets
€1.77M▲ 8.7%
2024 · €1.63M
2018: €1.05M
2019: €1.16M
2020: €1.15M
2021: €1.42M
2022: €1.54M
2023: €1.67M
2024: €1.63M
2018 → 2025
Net result
€115k▲ 57.3%
2024 · €73k
2018: €30k
2019: €66k
2020: €33k
2021: €104k
2022: €134k
2023: €68k
2024: €73k
2018 → 2025
Working capital
€804k▲ 17.9%
2024 · €682k
2018: €79k
2019: €102k
2020: €115k
2021: €261k
2022: €428k
2023: €564k
2024: €682k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€404k-€538k▲ 33.2%€606k▲ 12.7%€679k▲ 12.0%€794k▲ 16.9%
Operating result€156k-€189k▲ 21.0%€113k▼ 40.2%€117k▲ 3.6%€175k▲ 49.2%
Net result€104k-€134k▲ 28.3%€68k▼ 48.9%€73k▲ 6.6%€115k▲ 57.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 49% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.77M
Fixed assets
€155k ▼ 11.7%
Current assets
€1.62M ▲ 11.1%
Equity and liabilities €1.77M
Equity
€794k ▲ 16.9%
Provisions
€134k ▲ 23.6%
Debt
€846k ▲ 0.1%
Debt's share of the balance-sheet total falls from 51.8% to 47.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€200k▲
2024 · €156k
Cash flow
€140k▲
2024 · €111k
Current ratio
1.99▲
2024 · 1.88
Quick ratio
1.94▲
2024 · 1.76
Debt to equity
1.07▼
2024 · 1.24
ROE
14.5%▲
2024 · 10.7%
ROA
6.5%▲
2024 · 4.5%
Interest coverage
7.50▲
2024 · 3.99
Debt ≤ 1 year
€815k▲
2024 · €775k
Debt > 1 year
€12k▼
2024 · €33k
Income taxes
€51k▲
2024 · €35k
Staff costs
€226k▲
2024 · €225k
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 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.63M€1.77M▲
Fixed assets21/28€175k€155k▼
Tangible fixed assets22/27€173k€152k▼
Land and buildings22€41k€29k▼
Plant, machinery and equipment23€474€2k▲
Furniture and vehicles24€3k€5k▲
Leasing and similar rights25€127k€117k▼
Other tangible fixed assets26€840€0▼
Financial fixed assets28€2k€2k=
Current assets29/58€1.46M€1.62M▲
Stocks and contracts in progress3€92k€37k▼
Stocks30/36€92k€37k▼
Contracts in progress37€0-
Amounts receivable within one year40/41€385k€343k▼
Trade receivables40€327k€328k▲
Other amounts receivable41€57k€15k▼
Current investments50/53€532k€539k▲
Cash at bank and in hand54/58€448k€700k▲
Equity and liabilities
Total equity and liabilities10/49€1.63M€1.77M▲
Equity10/15€679k€794k▲
Contributions10/11€19k€19k=
Reserves13€661k€775k▲
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Tax-exempt reserves132€34k€34k=
Distributable reserves133€617k€732k▲
Provisions and deferred taxes16€108k€134k▲
Provisions for liabilities and charges160/5€108k€134k▲
Major repairs and maintenance162€100k€125k▲
Environmental obligations163€8k€9k▲
Amounts payable17/49€845k€846k▲
Amounts payable after more than one year17€33k€12k▼
Financial debts170/4€33k€12k▼
Amounts payable within one year42/48€775k€815k▲
Current portion of amounts payable after more than one year42€22k€23k▲
Trade debts44€173k€119k▼
Suppliers440/4€173k€119k▼
Advances received on contracts in progress46€160k€154k▼
Taxes, remuneration and social security45€97k€147k▲
Taxes450/3€47k€67k▲
Remuneration and social security454/9€50k€80k▲
Other amounts payable47/48€322k€371k▲
Accrued charges and deferred income492/3€37k€19k▼
Income statement
Code20242025
Remuneration, social security and pensions62€225k€226k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€25k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-2k€-500▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€25k€25k=
Other operating charges640/8€7k€4k▼
Gross operating margin9900€410k€455k▲
Operating profit (loss)9901€117k€175k▲
Financial income75/76B€29k€18k▼
Recurring financial income75€29k€18k▼
Financial charges65/66B€39k€27k▼
Recurring financial charges65€39k€27k▼
Profit (loss) for the period before taxes9903€108k€166k▲
Income taxes67/77€35k€51k▲
Profit (loss) for the period9904€73k€115k▲
Profit (loss) for the period to be appropriated9905€73k€115k▲
Appropriation of the result
Profit (loss) to be appropriated9906€73k€115k▲
Transfer to equity691/2€73k€115k▲
To other reserves6921€73k€115k▲
Social balance
Average headcount (FTE)90873.73.0▼
The notes to these accounts (18 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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 18 days late
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €134k ▲28.3%
Operating result €189k, net result €134k, both a record.
31-12
Financial
Equity above €500kEq €538k ▲33.2%
5 profitable years in a row build equity to €538k.
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 75 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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 · 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.
Kalkoven 401730 AsseGround area
1,276 m²
Building footprint
868 m²
Volume, LiDAR
5,141 m³
2 parcels, Flanders · tallest building 15.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kalkoven 34, 1730 Asse
since 19762.012.253.419
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322B0100/00Y015 | Flanders | 891 m² | 1 · 492 m² | 12.0 m · 2 fl. |
| 23322L0062/00W000 | Flanders | 385 m² | 1 · 376 m² | 15.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
2025 · 1 entry · 149 EUR awarded · 149 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 149 EUR | 149 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
875500HW7I0X75BW9133
Similar companies · same sector, comparable size
KANTOFF
BE 0446.721.919
Opwijk · Eq €791,671
ILO KEUKENS & INTERIEUR
BE 0430.751.957
Gent · Eq €786,295
LIMO
BE 0422.836.163
Poperinge · Eq €785,698
DROOMCOMFORT
BE 0454.179.338
Grobbendonk · Eq €802,568
VAN DE MIEROP KEUKENS
BE 0881.550.054
Rijkevorsel · Eq €784,056
Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,105 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-03-1976
Fiscal year end31-12
Activities, NACEBEL 2025
31002Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
47551Retail sale of household furniture
46494Wholesale of non-electrical household articles
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.