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FOURAGEHANDEL DEWULF JOEL

Active
Private limited companyfounded 1983active for 43 yearsZwaanhofweg 24, 8900 Ieper, BelgiumKBO/BCE: BE 0424.092.017
Summary

FOURAGEHANDEL DEWULF JOEL has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €764,037 and a net result of -€242,110. Equity has been stable since 2018 (±2.3% per year). Its solvency ranks better than 29% of 9,845 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Official details

Source: KBO
Status
Active since 31-05-1983 Normal situation
Activity
Wholesale of agricultural produce and animal feed, general range NACE 46216and 3 others
Joint committees
140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden
226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 2025
Establishment unit
2.022.392.590 8900 Ieper, since 01-01-1983
Financial year end
31 December
Peppol
Reachable since 10-12-2025

Board and ownership

Board
Shareholders

Financial position

64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts 2025
Gross margin
€4.0m
▼ 7.6%
Turnover
≈ €17.0m
estimated
Loss
€242,110
Equity
€764,037
▼ 24.1%
Total assets
€3.4m
▼ 12.5%
Employees on 31-12-2025
46
▼ 9.8%
Score breakdownraises riskEquity €764,037 (22.4% of total assets)Loss of €242,110 (financial year 2025)Size: 46.5 FTE, total assets €3.4mLiquidity: current ratio 1.01, cash €65,734, halvedShow the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 26% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency 47-4
equity 22.4% of total assets
Liquidity 27-5
short-term debt 50.9% · cash 1.9%
Profitability 60-10
return on assets -7.1%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,372 companies, NACE 46, small)
Last 24 months 12-2024: 0.9% 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.4%▼ -0.5 percentage points vs 04-2025lowest value 06-2025: 0.4%● unchanged vs 05-2025lowest value 07-2025: 0.4%● unchanged vs 06-2025lowest value 08-2025: 0.4%● unchanged vs 07-2025lowest value 09-2025: 0.4%● unchanged vs 08-2025lowest value 10-2025: 0.4%● unchanged vs 09-2025lowest value 11-2025: 0.4%● unchanged vs 10-2025lowest value 12-2025: 0.4%● unchanged vs 11-2025lowest value 01-2026: 0.4%● unchanged vs 12-2025lowest value 02-2026: 0.4%● unchanged vs 01-2026lowest value 03-2026: 0.5%▲ +0.1 percentage points vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▲ +0.5 percentage points vs 07-2026 09-2026: 1.4%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 1.1%▼ -0.3 percentage points vs 09-2026 11-2026: 1.1%● unchanged vs 10-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.01 (1.22 in 2024), below the usual 1.5. Short-term debt is 50.9% and cash 1.9% of total assets. 77.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 25% of them on solvency, 25% on liquidity, 44% on profitability and 10% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
raises riskneutral
raises risk · Equity €764,037 (22.4% of total assets)
NBB · annual accounts
raises risk · Loss of €242,110 (financial year 2025)
NBB · annual accounts
raises risk · Size: 46.5 FTE, total assets €3.4m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.01, cash €65,734, halved
NBB · annual accounts
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
107 days early
2023
30 days late
2022
13 days early
2021
31 days early
2020
22 days early
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (4 of the last 5 accounts filed within 62 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €29,050 in 2024 -€242,110 View
  • Caution: Lower net result than 95% of companies in wholesale tradesector median €26,857 · 9,824 companies -€242,110 View

Recent changes

  1. · Gazette deed Resignation: DEWULF INVEST (director)Permanent representative: Joël DEWULF · Appointments: Filip DEWULF (director) and Koen DEWULF (director)
All 16 events

Comparable companies

These companies have the same main activity as FOURAGEHANDEL DEWULF JOEL: wholesale of agricultural produce and animal feed, general range (NACE 46216). They are comparable in size and age: total assets between €3.1m and €7m, founded between 1973 and 1992.

CompanyTotal assetsGross margin
FOURAGEHANDEL DEWULF JOEL Ieper€3.4m€4.0m
HORTA VAN ROSSEM Ternat€3.8m€1.8m
VERVOER HERRIJGERS Kalmthout€3.1m€2.5m
CERAL Ans€5.9m€4.1m
BUCOMAT Kluisbergen€4.0m€1.7m
VOEDERS DEBAEKE Lo-Reninge€7.0m€1.8m
GRIZO Pittem€6.6m€1.7m
Full comparison

Key facts about FOURAGEHANDEL DEWULF JOEL

What is the company number of FOURAGEHANDEL DEWULF JOEL?
The company number of FOURAGEHANDEL DEWULF JOEL is 0424.092.017. The VAT number is the same number with BE in front: BE 0424.092.017.
Where is FOURAGEHANDEL DEWULF JOEL based?
The registered office is at Zwaanhofweg 24, 8900 Ieper.Company details
What does FOURAGEHANDEL DEWULF JOEL do?
According to the KBO register, the main activity is wholesale of agricultural produce and animal feed, general range (NACE 46216).
What is the legal form of FOURAGEHANDEL DEWULF JOEL?
The legal form of FOURAGEHANDEL DEWULF JOEL is Private limited company (BV).
When was FOURAGEHANDEL DEWULF JOEL founded?
FOURAGEHANDEL DEWULF JOEL was founded on 31-05-1983.
Is FOURAGEHANDEL DEWULF JOEL still active?
Yes, FOURAGEHANDEL DEWULF JOEL is an active enterprise in the KBO register.
How many employees does FOURAGEHANDEL DEWULF JOEL have?
FOURAGEHANDEL DEWULF JOEL had an average of 46.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FOURAGEHANDEL DEWULF JOEL fall under?
In its 2025 annual accounts, FOURAGEHANDEL DEWULF JOEL states joint committees 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden) and 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek).
What is the turnover of FOURAGEHANDEL DEWULF JOEL?
The turnover in financial year 2025 is ≈ €17.0m. This figure is estimated from the gross margin of €4.0m and 98 comparable companies (NACE 46). It probably lies between €10.0m and €29.0m.
Is FOURAGEHANDEL DEWULF JOEL profitable?
In financial year 2025, FOURAGEHANDEL DEWULF JOEL made a loss of €242,110.
Where can I find the annual accounts of FOURAGEHANDEL DEWULF JOEL?
FOURAGEHANDEL DEWULF JOEL filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FOURAGEHANDEL DEWULF JOEL due?
FOURAGEHANDEL DEWULF JOEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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