GARAGE WOLFVELDE
ActiveGARAGE WOLFVELDE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €342k and a net result of €62k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 67% of 1033 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+5
Solvency86▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.2 against 2.12 in 2024; short-term debt: 18.4% and cash: 30.3% of total assets), and 39.5% 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○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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← 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
60.5%
Return on assets
11%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-02-2026, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
6 d late
2024
3 d early
2023
40 d early
2022
6 d early
2021
3 d early
2020
26 d early
2019
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€342k▲ 22.1%
2024 · €280k
2019: €236k
2020: €252k
2021: €257k
2022: €286k
2023: €272k
2024: €280k
2019 → 2025
Total assets
€564k=
2024 · €564k
2019: €659k
2020: €625k
2021: €589k
2022: €585k
2023: €555k
2024: €564k
2019 → 2025
Net result
€62k▲ 69.5%
2024 · €36k
2019: €3k
2020: €16k
2021: €5k
2022: €29k
2023: €36k
2024: €36k
2019 → 2025
Working capital
€228k▲ 45.5%
2024 · €157k
2019: €220k
2020: €225k
2021: €225k
2022: €187k
2023: €205k
2024: €157k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€257k-€286k▲ 11.5%€272k▼ 5.0%€280k▲ 2.9%€342k▲ 22.1%
Operating result€17k-€46k▲ 180%€57k▲ 24.5%€60k▲ 4.9%€97k▲ 60.6%
Net result€5k-€29k▲ 498%€36k▲ 21.3%€36k▲ 2.3%€62k▲ 69.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 61% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €564k
Fixed assets
€232k▼ 13.0%
Current assets
€332k▲ 11.7%
Equity and liabilities €564k
Equity
€342k▲ 22.1%
Provisions
€39k=
Debt
€184k▼ 25.2%
The debt ratio falls from 43.5% to 32.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€138k▲
2024 · €98k
Cash flow
€103k▲
2024 · €74k
Solvency
60.5%▲
2024 · 49.6%
Current ratio
3.20▲
2024 · 2.12
Quick ratio
2.12▲
2024 · 1.41
Debt / equity
0.54▼
2024 · 0.88
ROE
18.1%▲
2024 · 13.1%
ROA
11.0%▲
2024 · 6.5%
Interest coverage
11.80▲
2024 · 8.52
Debt
€184k▼
2024 · €245k
Debt ≤ 1 year
€104k▼
2024 · €140k
Debt > 1 year
€66k▼
2024 · €102k
Income taxes
€24k▲
2024 · €13k
Staff costs
€125k▲
2024 · €117k
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€564k€564k=
Fixed assets21/28€267k€232k▼
Tangible fixed assets22/27€267k€232k▼
Land and buildings22€227k€198k▼
Plant, machinery and equipment23€30k€23k▼
Furniture and vehicles24€10k€11k▲
Current assets29/58€297k€332k▲
Stocks and contracts in progress3€99k€112k▲
Stocks30/36€99k€112k▲
Amounts receivable within one year40/41€28k€38k▲
Trade receivables40€23k€38k▲
Other amounts receivable41€5k€55▼
Cash at bank and in hand54/58€161k€171k▲
Deferred charges and accrued income490/1€9k€11k▲
Equity and liabilities
Total equity and liabilities10/49€564k€564k=
Equity10/15€280k€342k▲
Contributions10/11€19k€19k=
Reserves13€261k€323k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€1k€1k=
Distributable reserves133€260k€322k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€39k€39k=
Provisions for liabilities and charges160/5€39k€39k=
Pensions and similar obligations160€39k€39k=
Amounts payable17/49€245k€184k▼
Amounts payable after more than one year17€102k€66k▼
Financial debts170/4€102k€66k▼
Amounts payable within one year42/48€140k€104k▼
Current portion of amounts payable after more than one year42€8k€0▼
Trade debts44€50k€43k▼
Suppliers440/4€50k€43k▼
Taxes, remuneration and social security45€33k€18k▼
Taxes450/3€25k€11k▼
Remuneration and social security454/9€9k€7k▼
Other amounts payable47/48€49k€42k▼
Accrued charges and deferred income492/3€3k€14k▲
Income statement
Code20242025
Remuneration, social security and pensions62€117k€125k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€41k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-8k
Other operating charges640/8€12k€10k▼
Gross operating margin9900€227k€266k▲
Operating profit (loss)9901€60k€97k▲
Financial income75/76B€339€259▼
Recurring financial income75€339€259▼
Financial charges65/66B€12k€12k▲
Recurring financial charges65€12k€12k▲
Profit (loss) for the period before taxes9903€49k€85k▲
Income taxes67/77€13k€24k▲
Profit (loss) for the period9904€36k€62k▲
Profit (loss) for the period to be appropriated9905€36k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€62k▲
Transfer from equity791/2€29k€0▼
Transfer to equity691/2€36k€62k▲
To other reserves6921€36k€62k▲
Profit to be distributed694/7€29k€0▼
Return on contributions (dividend)694€29k€0▼
Social balance
Average headcount (FTE)90872.01.2▼
The notes to these accounts (14 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
06-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 6 days late
2025
30-06
Financial
Highest result since 2019net €62k ▲69.5%
Operating result €97k, net result €62k, both a record.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
16-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Avelgem · 1 establishment unit since 2006
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.
Driesstraat 548580 AvelgemGround area
1,203 m²
Building footprint
907 m²
Volume, LiDAR
4,816 m³
Parcel 34003A2390/00L002, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
-
since 20062.152.178.788
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34003A2390/00L002 | Flanders | 1,203 m² | 1 · 907 m² | 6.9 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.
Similar companies · same sector, comparable size
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ETABLISSEMENT AERTS-MELEBECK
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CARROSSERIE LOMBARDO
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CARLISI
BE 0821.637.609
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Of 7,376 companies in sector 95311 we hold annual accounts for 2,958. 2,205 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-03-2006
Fiscal year end30-06
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50103
50200
33150Repair, maintenance and installation of machinery and equipment
47639Retail sale of other sporting goods
47640Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:056/647101