WOFI
ActiveSummary
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 €252k and a net result of €123k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 28% of 9863 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 health 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 filingsDeviation 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 →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€252k▲ 0.1%
2023 · €252k
Net result
€123k▲ 34.3%
2023 · €92k
Total assets
€915k▲ 13.3%
2023 · €808k
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€104k▼ 1.6%€31k▼ 69.9%€120k▲ 283%€93k▼ 22.1%€124k▲ 33.1%
Net result€88k▲ 36.8%€25k▼ 71.3%€112k▲ 346%€92k▼ 18.4%€123k▲ 34.3%
Equity€242k▲ 12.8%€248k▲ 2.1%€250k▲ 1.0%€252k▲ 0.7%€252k▲ 0.1%
Total assets€479k▲ 11.4%€439k▼ 8.5%€720k▲ 64.1%€808k▲ 12.1%€915k▲ 13.3%
Debt€237k▲ 9.9%€191k▼ 19.4%€470k▲ 146%€556k▲ 18.2%€663k▲ 19.3%
Working capital€10k€85k▲ 749%€-418k€-371k▲ 11.2%€-346k▲ 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.
Result per fiscal year
Operating resultNet result
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 €915k
Fixed assets
€598k ▼ 4.0%
Current assets
€317k ▲ 71.5%
Equity and liabilities €915k
Equity
€252k ▲ 0.1%
Debt
€663k ▲ 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
ROE
48.9%▲
2023 · 36.5%
ROA
13.5%▲
2023 · 11.4%
Debt ≤ 1 year
€663k▲
2023 · €556k
Income taxes
€671▼
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €8k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €30k | €66k | €45k | €25k | ▼ 45.5% |
| Other operating charges640/8 | - | €2k | €5k | €10k | €3k | ▼ 75.2% |
| Gross operating margin9900 | €132k | €63k | €191k | €149k | €151k | ▲ 1.8% |
| Operating profit (loss)9901 | €104k | €31k | €120k | €93k | €124k | ▲ 33.1% |
| Financial charges65/66B | - | €3k | €6k | €30 | €30 | = |
| Recurring financial charges65 | €3k | €3k | €6k | €30 | €30 | = |
| Profit (loss) for the period before taxes9903 | €101k | €28k | €114k | €93k | €124k | ▲ 33.1% |
| Income taxes67/77 | €13k | €3k | €2k | €1k | €671 | ▼ 50.9% |
| Profit (loss) for the period9904 | €88k | €25k | €112k | €92k | €123k | ▲ 34.3% |
| Profit (loss) for the period to be appropriated9905 | €88k | €25k | €112k | €92k | €123k | ▲ 34.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €479k | €439k | €720k | €808k | €915k | ▲ 13.3% |
| Fixed assets21/28 | €347k | €230k | €668k | €623k | €598k | ▼ 4.0% |
| Tangible fixed assets22/27 | €347k | €230k | €668k | €623k | €598k | ▼ 4.0% |
| Land and buildings22 | - | €230k | €668k | €623k | €598k | ▼ 4.0% |
| Current assets29/58 | €132k | €208k | €52k | €185k | €317k | ▲ 71.5% |
| Amounts receivable within one year40/41 | €19k | €47k | €1k | €132k | €266k | ▲ 100% |
| Trade receivables40 | - | €17k | - | €132k | €264k | ▲ 100% |
| Other amounts receivable41 | - | €30k | €1k | €454 | €2k | ▲ 236% |
| Current investments50/53 | €49k | €49k | €49k | €49k | €49k | = |
| Cash at bank and in hand54/58 | €64k | €112k | €2k | €3k | €2k | ▼ 27.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €479k | €439k | €720k | €808k | €915k | ▲ 13.3% |
| Equity10/15 | €242k | €248k | €250k | €252k | €252k | ▲ 0.1% |
| Contributions10/11 | - | €69k | €69k | €69k | €69k | = |
| Reserves13 | €174k | €179k | €181k | €183k | €183k | ▲ 0.1% |
| Non-distributable reserves130/1 | - | €7k | - | - | - | - |
| Reserves not available under the articles1311 | - | €7k | - | - | - | - |
| Distributable reserves133 | - | €172k | €181k | €183k | €183k | ▲ 0.1% |
| Amounts payable17/49 | €237k | €191k | €470k | €556k | €663k | ▲ 19.3% |
| Amounts payable after more than one year17 | €115k | €68k | - | - | - | - |
| Financial debts170/4 | - | €68k | - | - | - | - |
| Amounts payable within one year42/48 | €122k | €123k | €470k | €556k | €663k | ▲ 19.3% |
| Current portion of amounts payable after more than one year42 | - | €6k | - | - | - | - |
| Trade debts44 | €12k | €9k | €36k | €65k | €48k | ▼ 26.7% |
| Suppliers440/4 | - | €9k | €36k | €65k | €48k | ▼ 26.7% |
| Taxes, remuneration and social security45 | - | €7k | €2k | €3k | €4k | ▲ 23.7% |
| Taxes450/3 | - | €7k | €2k | €3k | €4k | ▲ 23.7% |
| Other amounts payable47/48 | - | €102k | €433k | €488k | €612k | ▲ 25.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €88k | €25k | €112k | €92k | €123k | ▲ 34.3% |
| + Depreciation and write-downs630 | €20k | €30k | €66k | €45k | €25k | ▼ 45.5% |
| Operating cash flow (approximation) | €108k | €55k | €178k | €137k | €148k | ▲ 8.0% |
| Investment in fixed assets (approximation) | - | €87k | €-503k | €0 | €0 | - |
| Change in cash | - | €47k | €-110k | €1k | €-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.
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 €123k ▲34.3%
Operating result €124k, net result €123k, 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 €25k ▼71.3%
Net result drops to €25k, 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 €200kEq €215k ▲42.5%
2 profitable years in a row build equity to €215k.
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
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
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.
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,766. 13,667 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
Scores and ratios are computed by Checked and are not a credit decision.