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WOFI

Active
Private limited companyfounded 201412 yrs activeRooseveltlaan 2, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0561.746.596
Summary

WOFI is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The latest annual accounts of WOFI were filed more than 90 days after the deadline. The 2024 annual accounts show equity of €251,975 and a net result of €123,268. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 28% of 9866 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: Filed more than 90 days late
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Signals

1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-12-2025, 135 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
135 d late
2023
98 d late
2022
464 d late
2021
31 d late
2020
5 d late
2019
101 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 139 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

WOFI was incorporated on 8 September 2014.1 Total assets rose from EUR 391,600 in 2018 to EUR 915,112 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€251,975▲ 0.1%
2023 · €251,708
Net result
€123,268▲ 34.3%
2023 · €91,765
Total assets
€915,112▲ 13.3%
2023 · €807,513
Solvency
27.5%▼ 3.6pp
2023 · 31.2%
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€104,038▼ 1.6%€31,267▼ 69.9%€119,651▲ 283%€93,161▼ 22.1%€123,969▲ 33.1%
Net result€87,590▲ 36.8%€25,181▼ 71.3%€112,394▲ 346%€91,765▼ 18.4%€123,268▲ 34.3%
Equity€242,368▲ 12.8%€247,549▲ 2.1%€249,943▲ 1.0%€251,708▲ 0.7%€251,975▲ 0.1%
Total assets€479,381▲ 11.4%€438,660▼ 8.5%€720,042▲ 64.1%€807,513▲ 12.1%€915,112▲ 13.3%
Debt€237,013▲ 9.9%€191,111▼ 19.4%€470,099▲ 146%€555,805▲ 18.2%€663,137▲ 19.3%
Working capital€9,994€84,852▲ 749%-€417,853-€370,918▲ 11.2%-€346,013▲ 6.7%
Solvency50.6%▲ 0.7pp56.4%▲ 5.9pp34.7%▼ 21.7pp31.2%▼ 3.5pp27.5%▼ 3.6pp
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
  • 2022 Total assets +64% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2020: €104,038€104,038Net result 2020: €87,590€87,590Operating result 2021: €31,267€31,267Net result 2021: €25,181€25,181Operating result 2022: €119,651€119,651Net result 2022: €112,394€112,394Operating result 2023: €93,161€93,161Net result 2023: €91,765€91,765Operating result 2024: €123,969€123,969Net result 2024: €123,268€123,26820202021202220232024€0€50,000€100,000Operating result 2022: €119,651€120,000Net result 2022: €112,394€112,000Operating result 2023: €93,161€93,200Net result 2023: €91,765€91,800Operating result 2024: €123,969€124,000Net result 2024: €123,268€123,000202220232024
The operating result recovers in 2024; 2024 is 33% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €915,112
Fixed assets €597,988 ▼ 4.0%
Current assets €317,124 ▲ 71.5%
Equity and liabilities €915,112
Equity €251,975 ▲ 0.1%
Debt €663,137 ▲ 19.3%
Debt's share of the balance-sheet total rises from 68.8% to 72.5%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
ROE
48.9%▲
2023 · 36.5%
ROA
13.5%▲
2023 · 11.4%
Debt ≤ 1 year
€663,137▲
2023 · €555,805
Income taxes
€671▼
2023 · €1,366
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€807,513€915,112▲
Fixed assets21/28€622,625€597,988▼
Tangible fixed assets22/27€622,625€597,988▼
Land and buildings22€622,625€597,988▼
Current assets29/58€184,888€317,124▲
Amounts receivable within one year40/41€132,454€265,523▲
Trade receivables40€132,000€264,000▲
Other amounts receivable41€454€1,523▲
Current investments50/53€49,381€49,381=
Cash at bank and in hand54/58€3,053€2,220▼
Equity and liabilities
Total equity and liabilities10/49€807,513€915,112▲
Equity10/15€251,708€251,975▲
Contributions10/11€68,600€68,600=
Reserves13€183,108€183,375▲
Distributable reserves133€183,108€183,375▲
Amounts payable17/49€555,805€663,137▲
Amounts payable within one year42/48€555,805€663,137▲
Trade debts44€65,183€47,794▼
Suppliers440/4€65,183€47,794▼
Taxes, remuneration and social security45€3,048€3,769▲
Taxes450/3€3,048€3,769▲
Other amounts payable47/48€487,574€611,574▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45,171€24,638▼
Other operating charges640/8€10,186€2,531▼
Gross operating margin9900€148,517€151,137▲
Operating profit (loss)9901€93,161€123,969▲
Financial charges65/66B€30€30=
Recurring financial charges65€30€30=
Profit (loss) for the period before taxes9903€93,131€123,939▲
Income taxes67/77€1,366€671▼
Profit (loss) for the period9904€91,765€123,268▲
Profit (loss) for the period to be appropriated9905€91,765€123,268▲
Appropriation of the result
Profit (loss) to be appropriated9906€91,765€123,268▲
Transfer to equity691/2€1,765€268▼
To other reserves6921€1,765€268▼
Profit to be distributed694/7€90,000€123,000▲
Directors or managers695€90,000€123,000▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€8,479----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,314€29,673€65,751€45,171€24,638▼ 45.5%
Other operating charges640/8-€2,079€5,181€10,186€2,531▼ 75.2%
Gross operating margin9900€131,871€63,019€190,584€148,517€151,137▲ 1.8%
Operating profit (loss)9901€104,038€31,267€119,651€93,161€123,969▲ 33.1%
Financial charges65/66B-€2,999€5,575€30€30=
Recurring financial charges65€3,018€2,999€5,575€30€30=
Profit (loss) for the period before taxes9903€101,019€28,268€114,076€93,131€123,939▲ 33.1%
Income taxes67/77€13,429€3,087€1,682€1,366€671▼ 50.9%
Profit (loss) for the period9904€87,590€25,181€112,394€91,765€123,268▲ 34.3%
Profit (loss) for the period to be appropriated9905€87,590€25,181€112,394€91,765€123,268▲ 34.3%
Line20202021202220232024Change
Assets
Total assets20/58€479,381€438,660€720,042€807,513€915,112▲ 13.3%
Fixed assets21/28€347,064€230,368€667,796€622,625€597,988▼ 4.0%
Tangible fixed assets22/27€347,064€230,368€667,796€622,625€597,988▼ 4.0%
Land and buildings22-€230,368€667,796€622,625€597,988▼ 4.0%
Current assets29/58€132,318€208,291€52,246€184,888€317,124▲ 71.5%
Amounts receivable within one year40/41€18,738€47,235€1,045€132,454€265,523▲ 100%
Trade receivables40-€17,300-€132,000€264,000▲ 100%
Other amounts receivable41-€29,935€1,045€454€1,523▲ 236%
Current investments50/53€49,381€49,381€49,381€49,381€49,381=
Cash at bank and in hand54/58€64,199€111,676€1,820€3,053€2,220▼ 27.3%
Equity and liabilities
Total equity and liabilities10/49€479,381€438,660€720,042€807,513€915,112▲ 13.3%
Equity10/15€242,368€247,549€249,943€251,708€251,975▲ 0.1%
Contributions10/11-€68,600€68,600€68,600€68,600=
Reserves13€173,768€178,949€181,343€183,108€183,375▲ 0.1%
Non-distributable reserves130/1-€6,860----
Reserves not available under the articles1311-€6,860----
Distributable reserves133-€172,089€181,343€183,108€183,375▲ 0.1%
Amounts payable17/49€237,013€191,111€470,099€555,805€663,137▲ 19.3%
Amounts payable after more than one year17€114,689€67,672----
Financial debts170/4-€67,672----
Amounts payable within one year42/48€122,324€123,439€470,099€555,805€663,137▲ 19.3%
Current portion of amounts payable after more than one year42-€5,871----
Trade debts44€11,521€8,876€35,631€65,183€47,794▼ 26.7%
Suppliers440/4-€8,876€35,631€65,183€47,794▼ 26.7%
Taxes, remuneration and social security45-€6,516€1,682€3,048€3,769▲ 23.7%
Taxes450/3-€6,516€1,682€3,048€3,769▲ 23.7%
Other amounts payable47/48-€102,176€432,786€487,574€611,574▲ 25.4%
Line20202021202220232024Change
Profit (loss) for the period9904€87,590€25,181€112,394€91,765€123,268▲ 34.3%
+ Depreciation and write-downs630€20,314€29,673€65,751€45,171€24,638▼ 45.5%
Operating cash flow (approximation)€107,904€54,854€178,145€136,936€147,905▲ 8.0%
Investment in fixed assets (approximation)-€87,022-€503,179€0€0-
Change in cash-€47,477-€109,855€1,233-€833▼ 168%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
13-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 135 days late
2024
31-12
Financial Highest result since 2018net €123,268 ▲34.3%
Operating result €123,969, net result €123,268, both a record.
06-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 98 days late
06-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 464 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Weakest financial yearnet €25,181 ▼71.3%
Net result drops to €25,181, the lowest in the series; recovery starts the following year.
05-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
09-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
31-12
Financial Equity above €200,000Eq €214,778 ▲42.5%
2 profitable years in a row build equity to €214,778.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
13-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
21-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Erpe-Mere · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
1,948 m²
Building footprint
297 m²
Volume, LiDAR
2,897 m³
Parcel 41016C0642/00B000, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
WOFI
Rooseveltlaan 2, 9420 Erpe-MereAgents in non-specialised wholesale trade
since 20142.235.983.127
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41016C0642/00B000 Flanders 1,948 m² 1 · 297 m² 13.3 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 13,670 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded08-09-2014
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:0561746596
Also 9925:BE0561746596

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.