DE WOLF NICO
ActiveDE WOLF NICO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €160k and a net result of €29k. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 67% of 7684 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
93
/ 100
Excellent▲ +12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▼-10
Solvency95▲+25
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.88 against 1.45 in 2024), and 41.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
58.8%
Return on assets
10.6%
Age of the figures
8 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 27-08-2026, 27 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
27 d late
2024
65 d early
2023
19 d late
2022
25 d early
2021
23 d late
2020
30 d late
2019
on the day
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€160k▲ 4.8%
2024 · €153k
2018: €27k
2019: €30k
2020: €33k
2021: €82k
2022: €133k
2023: €147k
2024: €153k
2018 → 2025
Total assets
€273k▼ 30.6%
2024 · €393k
2018: €279k
2019: €322k
2020: €251k
2021: €322k
2022: €389k
2023: €425k
2024: €393k
2018 → 2025
Net result
€29k▼ 29.5%
2024 · €41k
2018: €-29k
2019: €4k
2020: €28k
2021: €74k
2022: €86k
2023: €51k
2024: €41k
2018 → 2025
Working capital
€92k▲ 4.4%
2024 · €88k
2018: €46k
2019: €135k
2020: €86k
2021: €112k
2022: €118k
2023: €95k
2024: €88k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€82k-€133k▲ 61.5%€147k▲ 11.3%€153k▲ 3.6%€160k▲ 4.8%
Operating result€92k-€113k▲ 23.0%€72k▼ 36.8%€62k▼ 13.8%€45k▼ 26.4%
Net result€74k-€86k▲ 16.4%€51k▼ 41.2%€41k▼ 19.1%€29k▼ 29.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 26% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €273k
Fixed assets
€76k▼ 31.1%
Current assets
€196k▼ 30.4%
Equity and liabilities €273k
Equity
€160k▲ 4.8%
Debt
€112k▼ 53.2%
The debt ratio falls from 61.1% to 41.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€82k▼
2024 · €99k
Cash flow
€66k▼
2024 · €78k
Solvency
58.8%▲
2024 · 38.9%
Current ratio
1.88▲
2024 · 1.45
Quick ratio
1.44▲
2024 · 1.15
Debt / equity
0.70▼
2024 · 1.57
ROE
18.0%▼
2024 · 26.8%
ROA
10.6%▲
2024 · 10.4%
Interest coverage
10.52▼
2024 · 13.77
Debt
€112k▼
2024 · €240k
Debt ≤ 1 year
€104k▼
2024 · €194k
Debt > 1 year
€8k▼
2024 · €46k
Income taxes
€11k▼
2024 · €16k
Staff costs
€136k▲
2024 · €118k
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€393k€273k▼
Fixed assets21/28€111k€76k▼
Tangible fixed assets22/27€110k€76k▼
Land and buildings22€45k€28k▼
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€53k€38k▼
Other tangible fixed assets26€4k€4k=
Financial fixed assets28€149€149=
Current assets29/58€282k€196k▼
Stocks and contracts in progress3€60k€47k▼
Stocks30/36€60k€47k▼
Amounts receivable within one year40/41€219k€110k▼
Trade receivables40€166k€42k▼
Other amounts receivable41€52k€68k▲
Cash at bank and in hand54/58-€34k
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€393k€273k▼
Equity10/15€153k€160k▲
Contributions10/11€19k€19k=
Reserves13€125k€142k▲
Tax-exempt reserves132€16k€16k=
Distributable reserves133€108k€125k▲
Profit (loss) carried forward14€10k-
Amounts payable17/49€240k€112k▼
Amounts payable after more than one year17€46k€8k▼
Financial debts170/4€46k€8k▼
Amounts payable within one year42/48€194k€104k▼
Current portion of amounts payable after more than one year42€44k€38k▼
Financial debts43€27k-
Credit institutions430/8€27k-
Trade debts44€63k€24k▼
Suppliers440/4€63k€24k▼
Taxes, remuneration and social security45€25k€20k▼
Taxes450/3€18k€2k▼
Remuneration and social security454/9€7k€18k▲
Other amounts payable47/48€36k€22k▼
Income statement
Code20242025
Remuneration, social security and pensions62€118k€136k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€37k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€219k€221k▲
Operating profit (loss)9901€62k€45k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€57k€40k▼
Income taxes67/77€16k€11k▼
Profit (loss) for the period9904€41k€29k▼
Profit (loss) for the period to be appropriated9905€41k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€86k€38k▼
Profit (loss) brought forward from the previous period14P€45k€10k▼
Transfer from equity791/2-€2k
Transfer to equity691/2€41k€19k▼
To other reserves6921€41k€19k▼
Profit to be distributed694/7€36k€22k▼
Return on contributions (dividend)694€36k€22k▼
Social balance
Average headcount (FTE)90872.02.2▲
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €150kEq €153k ▲3.6%
6 profitable years in a row build equity to €153k.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 19 days late
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €86k ▲16.4%
Operating result €113k, net result €86k, both a record.
31-12
Financial
Equity above €100kEq €133k ▲61.5%
4 profitable years in a row build equity to €133k.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 85 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
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.
Directors · office · real estate
Directors
2 directors, no change since 2022
Ingrid Taymans
CurrentOpvolgend statutair bestuurder · since 08-09-2022
Nico De Wolf
CurrentStatutair bestuurder · since 08-09-2022
08-09-2022
Ingrid Taymans: Appointed as Opvolgend statutair bestuurder
08-09-2022
Nico De Wolf: Resigned as Statutair bestuurder
08-09-2022
Nico De Wolf: Appointed as Statutair bestuurder
Location & real-estate footprint
Registered office, Huldenberg · 1 establishment unit since 2008
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.
Boesberg(SAR) 53040 HuldenbergGround area
1,223 m²
Building footprint
139 m²
Volume, LiDAR
949 m³
Parcel 24099C0077/00G000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE WOLF NICO
since 20082.173.129.305
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24099C0077/00G000 | Flanders | 1,223 m² | 1 · 139 m² | 10.0 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
2022 to 2024 · 3 entries · 960 EUR awarded · 359 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 341 EUR | 359 EUR |
| 2023 | 1 | 359 EUR | 0 EUR |
| 2022 | 1 | 260 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Vanbaelen Energietechnieken
BE 0551.959.989
Oudsbergen · Eq €160k
Hemeryck klimaat- en koeltechniek
BE 0746.354.523
Menen · Eq €160k
AS IMPEC
BE 0637.840.425
Evere · Eq €160k
DUMONCEAUX AXEL
BE 0686.915.297
Bouillon · Eq €160k
CLIMA-INVEST
BE 0824.349.748
Zedelgem · Eq €160k
Of 9,478 companies in sector 43222 we hold annual accounts for 5,626. 4,872 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-09-2008
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.