WFR
ActiveWFR has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €791k and a net result of €59k. Equity is growing by ~38.3% per year across the filed fiscal years. Its solvency ranks better than 28% of 271 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability37▼-54
Solvency41▼-18
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.84 in 2024), and 76.6% 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
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
23.4%
Return on assets
1.7%
Age of the figures
11 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-03-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
42 d early
2023
42 d early
2022
31 d early
2021
25 d early
2020
52 d early
2019
38 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€791k▲ 8.0%
2024 · €732k
2018: €-172k
2019: €-284k
2020: €-185k
2021: €355k
2022: €434k
2023: €600k
2024: €732k
2018 → 2025
Total assets
€3.38M▲ 22.3%
2024 · €2.77M
2018: €1.80M
2019: €1.71M
2020: €1.83M
2021: €2.37M
2022: €2.39M
2023: €2.60M
2024: €2.77M
2018 → 2025
Net result
€59k▼ 55.8%
2024 · €133k
2018: €-160k
2019: €-112k
2020: €100k
2021: €140k
2022: €78k
2023: €166k
2024: €133k
2018 → 2025
Working capital
€196k▼ 43.4%
2024 · €346k
2018: €-244k
2019: €-345k
2020: €-254k
2021: €593k
2022: €436k
2023: €533k
2024: €346k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€355k-€434k▲ 22.1%€600k▲ 38.2%€732k▲ 22.2%€791k▲ 8.0%
Operating result€149k-€86k▼ 42.4%€173k▲ 102%€139k▼ 19.5%€87k▼ 37.6%
Net result€140k-€78k▼ 44.0%€166k▲ 111%€133k▼ 19.8%€59k▼ 55.8%
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 two years in a row; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.38M
Fixed assets
€2.62M▲ 30.4%
Current assets
€766k▲ 0.9%
Equity and liabilities €3.38M
Equity
€791k▲ 8.0%
Debt
€2.59M▲ 27.4%
The debt ratio rises from 73.5% to 76.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€255k▲
2024 · €247k
Cash flow
€227k▼
2024 · €240k
Solvency
23.4%▼
2024 · 26.5%
Current ratio
1.34▼
2024 · 1.84
Quick ratio
0.95▼
2024 · 1.34
Debt / equity
3.28▲
2024 · 2.78
ROE
7.4%▼
2024 · 18.1%
ROA
1.7%▼
2024 · 4.8%
Interest coverage
9.17▼
2024 · 33.68
Debt
€2.59M▲
2024 · €2.04M
Debt ≤ 1 year
€570k▲
2024 · €413k
Debt > 1 year
€2.02M▲
2024 · €1.62M
Income taxes
€769▲
2024 · €352
Staff costs
€375k▲
2024 · €344k
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€2.77M€3.38M▲
Fixed assets21/28€2.01M€2.62M▲
Intangible fixed assets21€869€0▼
Tangible fixed assets22/27€2.01M€2.62M▲
Land and buildings22€1.54M€1.57M▲
Plant, machinery and equipment23€348k€327k▼
Furniture and vehicles24€12k€59k▲
Leasing and similar rights25-€658k
Assets under construction and advance payments27€110k€0▼
Current assets29/58€760k€766k▲
Stocks and contracts in progress3€204k€227k▲
Stocks30/36€204k€227k▲
Amounts receivable within one year40/41€140k€207k▲
Trade receivables40€140k€207k▲
Other amounts receivable41€3€0▼
Cash at bank and in hand54/58€411k€326k▼
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€2.77M€3.38M▲
Equity10/15€732k€791k▲
Contributions10/11€1.03M€1.03M=
Profit (loss) carried forward14€-298k€-239k▲
Amounts payable17/49€2.04M€2.59M▲
Amounts payable after more than one year17€1.62M€2.02M▲
Financial debts170/4€1.62M€2.02M▲
Amounts payable within one year42/48€413k€570k▲
Current portion of amounts payable after more than one year42€40k€132k▲
Trade debts44€50k€88k▲
Suppliers440/4€50k€88k▲
Taxes, remuneration and social security45€95k€123k▲
Taxes450/3€50k€60k▲
Remuneration and social security454/9€45k€63k▲
Other amounts payable47/48€228k€228k▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€344k€375k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€168k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€19k€24k▲
Gross operating margin9900€610k€654k▲
Operating profit (loss)9901€139k€87k▼
Financial income75/76B€1k€287▼
Recurring financial income75€1k€287▼
Financial charges65/66B€7k€28k▲
Recurring financial charges65€7k€28k▲
Profit (loss) for the period before taxes9903€133k€59k▼
Income taxes67/77€352€769▲
Profit (loss) for the period9904€133k€59k▼
Profit (loss) for the period to be appropriated9905€133k€59k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-298k€-239k▲
Profit (loss) brought forward from the previous period14P€-430k€-298k▲
Social balance
Average headcount (FTE)90876.16.2▲
The notes to these accounts (18 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
12-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
19-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €166k ▲111%
Operating result €173k, net result €166k, both a record.
30-09
Financial
Equity above €500kEq €600k ▲38.2%
4 profitable years in a row build equity to €600k.
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Liquidity quadruplescurrent ratio 2.58
Current ratio from 0.60 to 2.58; short-term debt falls from €636k to €375k.
30-09
Financial
Equity above €200kEq €355k
2 profitable years in a row build equity to €355k.
09-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €100k
Net result €100k after 2 loss-making years.
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
Jozef DEWAELE
CurrentDirector · since 18-10-2024
18-10-2024
Appointed as Director
Location & real-estate footprint
Registered office, Anzegem · 1 establishment unit since 2012
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.
Beukenhofstraat 1208570 AnzegemGround area
2.3 ha
Building footprint
32 m²
Volume, LiDAR
253 m³
Parcel 34038B0363/00D002, Flanders · tallest building 20.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
WFR
since 20122.207.764.243
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34038B0363/00D002 | Flanders | 2.3 ha | 1 · 32 m² | 20.9 m · 1 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 2025 · 4 entries · 3,840 EUR awarded · 3,926 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,358 EUR | 2,358 EUR |
| 2024 | 1 | 315 EUR | 401 EUR |
| 2023 | 1 | 409 EUR | 409 EUR |
| 2022 | 1 | 758 EUR | 758 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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Bosq
BE 0434.645.221
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KOPELINO
BE 0449.726.048
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LINOPAN INDUSTRIES
BE 0427.705.662
Kortrijk · Eq €946k
Of 104 companies in sector 16210 we hold annual accounts for 74. 52 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2012
Fiscal year end30-09
Activities, NACEBEL
16210Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
43320Joinery installation
16220Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
16230Manufacture of other builders' carpentry and joinery
47522Retail trade
47524Retail trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.