WOLCO
ActiveSummary
WOLCO has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €246,035 and a net result of -€35,989. Equity has been growing by about 24% per year since 2018. Its solvency ranks better than 95% of 17,162 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 16-04-2014 Normal situation
- Activity
- Development of residential building projects NACE 68121and 3 others
- Establishment unit
- 2.232.057.892 8940 Wervik, since 29-04-2014
- Financial year end
- 30 June
- Peppol
- Reachable since 23-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- -€27,589
- Loss
- €35,989
- Equity
- €246,035
- ▼ 12.8%
- Total assets
- €250,963
- ▼ 32.8%
Score breakdownraises riskLoss of €35,989 (financial year 2025)lowers riskLiquidity: current ratio 42.70, cash €150,531, halvedSize: total assets €250,963Equity €246,035 (98.0% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 91% of them on solvency, 98% on liquidity, 9% on profitability and 26% on growth.
The bankruptcy probability was computed on 04-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 82 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Purpose change“nieuw voorwerp” (deed in Dutch)
- · Gazette deed Resignation: Koenraad VERHAEGHE (director)Appointment: Dorine GOEMAERE (director) · Director discharge: Koenraad VERHAEGHE
- · Gazette deed Appointment: VERHAEGHE Koenraad (director)
Comparable companies
These companies have the same main activity as WOLCO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €200,000 and €293,000, founded between 2012 and 2014.
| Company | Total assets | Gross margin |
|---|---|---|
| WOLCO Wervik | €250,963 | -€27,589 |
| Lukab Invest Zuienkerke | €293,264 | -€8,231 |
| MANDERLEY CONSTRUCT Knokke-Heist | €232,090 | €1,492 |
| BOUWGROEP DEPOORTER Ostend | €200,062 | -€11,739 |
| Heda Brecht | €256,122 | -€4,865 |
| Winston Schoeters Projectontwikkeling Keerbergen | €257,229 | -€13,863 |
| CLARIS PROJECTS Deinze | €249,531 | -€6,352 |
Key facts about WOLCO
- What is the company number of WOLCO?
- The company number of WOLCO is 0550.956.139. The VAT number is the same number with BE in front: BE 0550.956.139.
- Where is WOLCO based?
- The registered office is at Magerheidstraat 41, 8940 Wervik.Company details
- What does WOLCO do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of WOLCO?
- WOLCO is a private limited company (BV).
- When was WOLCO founded?
- WOLCO was founded on 16-04-2014.
- Is WOLCO still active?
- Yes, WOLCO is an active enterprise in the KBO register.
- What is the turnover of WOLCO?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is WOLCO profitable?
- In financial year 2025, WOLCO made a loss of €35,989.
- Where can I find the annual accounts of WOLCO?
- WOLCO filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WOLCO due?
- WOLCO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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