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WIELFAERT

Active Private limited companyfounded 2004active for 21 yearsNokerseweg 9, 8790 WaregemKBO/BCE: BE 0870.075.449

Lifetime

18 annual accounts with figures on one time axis, 19 filings since 2006
peak €858,392 (2022)
€548,518▼ 8.2%
peak €166,613 (2019)
€31,230▲ 405%
peak €3.0m (2025)
€3.0m▲ 8.1%
€6.8m▲ 7.4%
peak 4.1 FTE (2012)
1 FTEunchanged
Board1 name since 2021
Documentsfilings and deeds
02-10-202529 days before the deadline
2025abbreviated format
Result from €6,182 to €31,230Purpose change · Amendment of the articles 23-01Dividend €193,613Investments €746,837

Key points

from the 2025 annual accounts

Equity

€3.0m ▲ 8.1%
2.82024+0.03Profit-0.2Dividend+0.4Other3.02025

WIELFAERT paid out €193,613 in dividends. That is 620% of the 2025 profit.

Filings

19 annual accounts 9 days past the deadline
deadline2010201520202025

2026 accounts not filed: deadline was 31-10-2026.

Position in the sector

€3.0m

More equity than 88% of companies in head offices and management consultancy. Sector median €323,509 · 10,866 companies.

Checked score

69
Healthy
Financially stronger than 37% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.2%▼ -0.2 percentage points vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026lowest value 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.6%▲ +0.3 percentage points vs 09-2026 11-2026: 0.7%▲ +0.1 percentage points vs 10-2026highest value

Financial strength
Average

55=equity 30.5% of total assets
50=short-term debt 4.6% · cash 0.2%
63+15return on assets 0.3%

Score breakdown

raises risk
Liquidity: current ratio 2.60, cash €17,684
Figures for financial year 2025 (filed on 03-10-2025)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: 1 FTE, total assets €9.9m
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 70, micro). It does better than 31% of them on solvency, 36% on liquidity, 28% on profitability and 55% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-03-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as WIELFAERT has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of WIELFAERT itself: 0.7% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 17,041 companies, not a prediction for WIELFAERT. 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

Credit of up to €200,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.6 (1.96 in 2024), above the usual 1.5. Short-term debt is 4.6% and cash 0.2% of total assets. However, 69.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 2.60, cash €17,684
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 03-10-2025)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: 1 FTE, total assets €9.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 02-10-2025, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
29 days early
2024
31 days early
2023
22 days early
2022
3 days early
2020
16 days late
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 12 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0870075449
Purpose change · Amendment of the articles “zoals voorgesteld in agenda” (deed in Dutch) · General meeting of 21-01-2025 · Gazette deed
Resignation: WIELFAERT Tim Luc Karel (director) Reappointment: WIELFAERT Tim Luc Karel (director) · Director discharge: WIELFAERT Tim Luc Karel · General meeting of 16-06-2021 · Gazette deed
Incorporation published on 01-12-2004 · Gazette deed
All 34 events

Comparable companies

same main activity, similar in size and age
Company
WIELFAERT Waregem €9.9m €548,518 30.5% 1
SOPHICO Herentals €10.9m €554,374 82.8% 0.9
JSMG MANAGEMENT Mons €8.2m €528,770 70.7% 1
Suc-6 Heist-op-den-Berg €8.9m €640,482 54.3% 1
wgi invest Ypres €6.7m €422,887 85.0% 0.8
CORTEXCO Roeselare €11.4m €801,435 53.9% 1
SICCO Veurne €13.0m €431,775 69.3% 1

These companies have the same main activity as WIELFAERT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €6.7m and €13m, founded between 2001 and 2009.

Official details

Source: KBO
Status
Active since 19-11-2004Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 31-03-2025
Establishment unit
2.144.013.9628790 Waregem, since 19-11-2004
Financial year end
31 March
Peppol
Reachable since 06-11-2025
Company details

Annual accounts to 31-03-2025

≈ €830,000estimated
€9.9m▲ 7.3%
Employeeson 31-03-2025
1=
Filing
Filed on 02-10-2025
Financials

Insights on WIELFAERT

WIELFAERT files the abbreviated format. That format states no turnover. The gross margin rose from €215,762 in 2007 to €548,518 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 WIELFAERT

What is the company number of WIELFAERT?
The company number of WIELFAERT is 0870.075.449. The VAT number is the same number with BE in front: BE 0870.075.449.
Where is WIELFAERT based?
The registered office is at Nokerseweg 9, 8790 Waregem.Company details
What does WIELFAERT do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of WIELFAERT?
WIELFAERT is a private limited company (BV).
When was WIELFAERT founded?
WIELFAERT was founded on 19-11-2004.
Is WIELFAERT still active?
Yes, WIELFAERT is an active enterprise in the KBO register.
How many employees does WIELFAERT have?
WIELFAERT had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does WIELFAERT fall under?
In its 31-03-2025 annual accounts, WIELFAERT states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of WIELFAERT?
The turnover in financial year 2025 is ≈ €830,000. This figure is estimated from the gross margin of €548,518 and 74 comparable companies (NACE 70200). It probably lies between €650,000 and €1.5m.
Is WIELFAERT profitable?
In financial year 2025, WIELFAERT made a profit of €31,230.
Where can I find the annual accounts of WIELFAERT?
WIELFAERT filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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