Turnover
≈ €420,000 estimated
The accounts state no turnover.
DEWULF
Lifetime
19 annual accounts with figures on one time axis, 25 filings since 2001peak €647,272 (2018)
€44,207▼ 25.4%
lowest -€52,222 (2022)
€4,268▼ 83.8%
peak €293,333 (2025)
€293,333▲ 1.5%
€159,871▲ 116%
peak 12.3 FTE (2018)
-not published
Board4 names since 2021
2 directors and 1 other
Documentsfilings and deeds
29-01-20262 days before the deadline
2025micro format
Gross margin from €59,270 to €44,207Result from €26,292 to €4,268Appointment: (director) 27-08Debts from €73,953 to €159,871Investments €193,480Cash from €205,457 to €10,303
Key points
from the 2025 annual accountsDebts
€159,871 ▲ 116%
Debts rose by €85,917 in 2025.
Investments
€193,480 5.3 × depreciation
Green is investment, beige is depreciation. Machinery stands 908.7% higher than in 2024.
Liquidity
4.56 was 13.61 in 2024
Short-term debts rose from €19,310 to €43,040.
Filings
25 annual accounts since 2001
The last five annual accounts were filed 0 to 39 days before the end of the period.
Position in the sector
€293,333
More equity than 90% of companies in retail trade. Sector median €40,895 · 25,288 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,769 companies had the same profile as DEWULF has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,769 companies, not a prediction for DEWULF. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Appointment: (director)
General meeting of 30-06-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0472089595
Registered office moved to Lievegem
New registered office: Beirtje 2, 9950 Lievegem · Resignations: , and · Permanent representative: · Gazette deed
Capital decrease of €99,000 to €19,000
Capital from €118,000 to €19,000 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEWULF Lievegem | €453,203 | €44,207 | 64.7% | - |
| VAN DEN BOSSCHE EDDY Knokke-Heist | €334,966 | €45,762 | 40.0% | - |
| DW Group Putte | €337,444 | €56,779 | 48.2% | 1.3 |
| 2 BROTHERS Mortsel | €398,768 | €42,441 | 78.4% | 0.3 |
| MINI 2 MAXI Aalst | €349,984 | €48,400 | 12.8% | - |
| Delice Wetteren | €300,234 | €58,674 | 28.1% | - |
| DEOLET Deinze | €296,147 | €60,024 | 93.8% | 1.3 |
These companies have the same main activity as DEWULF: retail sale of bread and pastry (bakery outlets) (NACE 47241). They are comparable in size and age: total assets between €296,000 and €399,000, founded between 1995 and 2008.
Official details
Source: KBO- Status
- Active since 09-06-2000Normal situation
- Activity
- Retail sale of bread and pastry (bakery outlets)NACE 47241and 1 other
- Establishment unit
- 2.099.641.2149950 Lievegem, since 30-06-2000
- Financial year end
- 30 June
- Peppol
- Reachable since 23-04-2025
Annual accounts to 30-06-2025
- €453,203▲ 24.8%
- Filing
- Filed on 29-01-2026, 2 days before the end of the filing period
Insights on DEWULF
DEWULF files the micro format. That format states no turnover. The gross margin fell from €425,828 in 2007 to €44,207 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DEWULF
- What is the company number of DEWULF?
- The company number of DEWULF is 0472.089.595. The VAT number is the same number with BE in front: BE 0472.089.595.
- Where is DEWULF based?
- The registered office is at Beirtje 2, 9950 Lievegem.Company details
- What does DEWULF do?
- According to the KBO register, the main activity is retail sale of bread and pastry (bakery outlets) (NACE 47241).
- What is the legal form of DEWULF?
- DEWULF is a private limited company (BV).
- When was DEWULF founded?
- DEWULF was founded on 09-06-2000.
- Is DEWULF still active?
- Yes, DEWULF is an active enterprise in the KBO register.
- How many employees does DEWULF have?
- DEWULF had an average of 3 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of DEWULF?
- The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €44,207 and 48 comparable companies (NACE 472). It probably lies between €240,000 and €740,000.
- Is DEWULF profitable?
- In financial year 2025, DEWULF made a profit of €4,268.
- Where can I find the annual accounts of DEWULF?
- DEWULF filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DEWULF due?
- DEWULF must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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