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WFR

Active
Private limited companyfounded 2012active for 14 yearsBeukenhofstraat 120, 8570 Anzegem, BelgiumKBO/BCE: BE 0843.715.205
Summary

WFR has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €791,183 and a net result of €58,728. Equity has been growing by about 38% per year since 2019. Its solvency ranks better than 28% of 335 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Official details

Source: KBO
Status
Active since 08-02-2012 Normal situation
Activity
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials NACE 16210and 6 others
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
126 Paritair Comité voor de stoffering en de houtbewerking · annual accounts 30-09-2025
Establishment unit
2.207.764.243 8570 Anzegem, since 08-02-2012
Financial year end
30 September
Peppol
Reachable since 30-10-2023

Board and ownership

Board
  • Jozef DEWAELEDirector
  • Dewaele BertrandDirector
  • Lanneau KarlDirector

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts to 30-09-2025
Gross margin
€654,473
▲ 7.3%
Turnover
≈ €1.5m
estimated
Profit
€58,728
▼ 55.8%
Equity
€791,183
▲ 8.0%
Total assets
€3.4m
▲ 22.3%
Employees on 30-09-2025
7
=
Score breakdownraises riskSector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)Equity €791,183 (23.4% of total assets)lowers riskFigures for financial year 2025 (filed on 13-03-2026)Founded in 2012Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 48% of micro companies in wood and cork (NACE 16)
Financial strength · tick: 2024
Average
Solvency 48-3
equity 23.4% of total assets
Liquidity 58-7
short-term debt 16.8% · cash 9.6%
Profitability 71-4
return on assets 1.7%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,032 companies, NACE 16, micro)
Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%▼ -0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.4%▲ +0.1 percentage points vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.5%● unchanged vs 04-2026highest value 06-2026: 0.5%● unchanged vs 05-2026highest value 07-2026: 0.5%● unchanged vs 06-2026highest value 08-2026: 0.5%● unchanged vs 07-2026highest value 09-2026: 0.5%● unchanged vs 08-2026highest value 10-2026: 0.5%● unchanged vs 09-2026highest value 11-2026: 0.5%● unchanged vs 10-2026highest value
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.34 (1.84 in 2024), below the usual 1.5. Short-term debt is 16.8% and cash 9.6% of total assets. 76.6% 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 16, micro). It does better than 30% of them on solvency, 57% on liquidity, 47% on profitability and 57% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Figures for financial year 2025 (filed on 13-03-2026)
NBB · annual accounts
lowers risk · Founded in 2012
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
KBO
raises risk · Equity €791,183 (23.4% of total assets)
NBB · annual accounts
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 filings
Deviation from the deadline
2025
49 days early
2024
42 days early
2023
42 days early
2022
31 days early
2021
25 days early
2020
52 days early
2019
38 days early
← 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 40 days before the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 20 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €132,916 to €58,728 ▼ 55.8% View
  • Positive: 7th largest company by total assets in Anzegem, Manufacturing sectorin the Checked rankings No. 7 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 6 profitable years in a rowprofit 2025: €58,728 6 years View

Recent changes

  1. · Gazette deed Appointment: Jozef DEWAELE (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as WFR: manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16210). They are comparable in size and age: total assets between €1.3m and €6.6m, founded between 2000 and 2019.

CompanyTotal assetsGross margin
WFR Anzegem€3.4m€0.7m
FORONEX Wielsbeke€5.4m€1.4m
Flexura Floors Waregem€3.5m€1.1m
Seiton Izegem€3.9m€1.7m
HARLEQUIN CENTRAL OPERATIONS Aywaille€6.6m€0.9m
HAMELERS PALLETTEN Maasmechelen€2.6m€1.0m
PHONOTECH Thimister-Clermont€1.3m€0.5m
Full comparison

Key facts about WFR

What is the company number of WFR?
The company number of WFR is 0843.715.205. The VAT number is the same number with BE in front: BE 0843.715.205.
Where is WFR based?
The registered office is at Beukenhofstraat 120, 8570 Anzegem.Company details
What does WFR do?
According to the KBO register, the main activity is manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16210).
What is the legal form of WFR?
The legal form of WFR is Private limited company (BV).
When was WFR founded?
WFR was founded on 08-02-2012.
Is WFR still active?
Yes, WFR is an active enterprise in the KBO register.
How many employees does WFR have?
WFR had an average of 6.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does WFR fall under?
In its 30-09-2025 annual accounts, WFR states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 126 (Paritair Comité voor de stoffering en de houtbewerking).
What is the turnover of WFR?
The turnover in financial year 2025 is ≈ €1.5m. This figure is estimated from the gross margin of €654,473 and 2,283 comparable companies of the same size. It probably lies between €930,000 and €2.6m. It is a rough estimate.
Is WFR profitable?
In financial year 2025, WFR made a profit of €58,728.
Where can I find the annual accounts of WFR?
WFR filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WFR due?
WFR must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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