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DE WOLFABRIEK

Open bankruptcy
Private limited company (pre-2019)founded 2017KBO/BCE: BE 0669.634.451

A bankruptcy procedure is open for DE WOLFABRIEK according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €247 and a net result of €1k.

Signals

Three signals.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2021, micro schema

Turnover
€17k
EBIT margin
6.9%
Net result
€1k
2018 · €-20k
2018: €-20k
2018 → 2021
Working capital
€-165▲ 89.9%
2018 · €-2k
2018: €-2k
2018 → 2021
Multi-year overview
Available amounts per fiscal year
Line20182021Trend
Turnover€17k
Equity€-2k-€247
Operating result€-20k-€1k
Net result€-20k-€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0Operating result 2018: €-20k€-20kNet result 2018: €-20k€-20kOperating result 2021: €1k€1kNet result 2021: €1k€1k20182021
The operating result is €1k in 2021, compared with €-20k in 2018. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
Assets €13k
Fixed assets €412
Current assets €12k
Equity and liabilities €13k
Equity €247
Debt €12k
Debt finances 98.0% of the balance-sheet total.
Key figures and ratios
2021 value · change against 2018
EBITDA
€1k
Cash flow
€1k
Solvency
2.0%
2018 · -7.6%
Current ratio
0.99
2018 · 0.93
Quick ratio
0.99
2018 · 0.93
ROA
9.1%
2018 · -94.2%
Debt
€12k
2018 · €23k
Debt ≤ 1 year
€12k
2018 · €23k
Equity ratios withheld: equity of €247 is too small for a meaningful ratio.
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 · 2021 against 2018
Balance sheet Code20182021
Assets
Total assets20/58€21k€13k
Fixed assets21/28-€412
Tangible fixed assets22/27-€412
Furniture and vehicles24-€412
Current assets29/58€21k€12k
Amounts receivable within one year40/41€10k€11k
Trade receivables40-€3k
Other amounts receivable41-€8k
Cash at bank and in hand54/58€11k€980
Equity and liabilities
Total equity and liabilities10/49€21k€13k
Equity10/15€-2k€247
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-20k€-18k
Amounts payable17/49€23k€12k
Amounts payable within one year42/48€23k€12k
Trade debts44€23k€9k
Suppliers440/4-€9k
Taxes, remuneration and social security45-€4k
Taxes450/3-€4k
Income statement Code20182021
Turnover70-€17k
Non-recurring operating income76A-€991
Goods, raw materials, services and sundry goods60/61-€16k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€103
Other operating charges640/8-€237
Gross operating margin9900€-19k€1k
Operating profit (loss)9901€-20k€1k
Recurring financial charges65€114-
Profit (loss) for the period before taxes9903€-20k€1k
Profit (loss) for the period9904€-20k€1k
Profit (loss) for the period to be appropriated9905€-20k€1k
Appropriation of the result
Profit (loss) to be appropriated9906-€-18k
Profit (loss) brought forward from the previous period14P-€-19k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
06-06
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Brugge · DE WOLFABRIEK BV KUST- LAAN 164 BUS 10, 8300 KNOKKE-HEIST · event 02-06-2025
2024
14-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 592 days late
2021
31-12
Financial Back to profitnet €1k
Net result €1k after one loss-making year.
2019
03-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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
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.

Ground area
2,323 m²
Building footprint
456 m²
Volume, LiDAR
4,084 m³
Parcel 31332E1034/00A000, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31332E1034/00A000 Flanders 2,323 m² 1 · 456 m² 12.3 m · 3 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.

Insolvency mandates

2 mandates
Role Name Tenure
Curator MARC CASTERMANS
HOUTKAAI 15/02, 8000 BRUGGE
02-06-2025 → present
Curator YVES CASTERMANS
HOUTKAAI 15/02, 8000 BRUGGE-
02-06-2025 → present

Similar companies · same sector, comparable size

Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 498 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded16-01-2017
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.