WOLCO
ActiveWOLCO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €246k and a net result of €-36k. Equity is growing by ~23.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 14038 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability1▼-69
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 42.7 against 68.52 in 2024; short-term debt: 1.9% and cash: 60% of total assets), and 2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-09-2025, 130 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
130 d early
2024
127 d early
2023
190 d early
2022
47 d early
2020
33 d early
2019
22 d early
2018
28 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€246k▼ 12.8%
2024 · €282k
2018: €-2k
2019: €21k
2020: €-20k
2022: €198k
2023: €235k
2024: €282k
2018 → 2025
Total assets
€251k▼ 32.8%
2024 · €374k
2018: €19k
2019: €359k
2020: €414k
2022: €432k
2023: €335k
2024: €374k
2018 → 2025
Net result
€-36k
2024 · €48k
2018: €-19k
2019: €41k
2020: €-41k
2022: €220k
2023: €39k
2024: €48k
2018 → 2025
Working capital
€197k▼ 43.8%
2024 · €351k
2018: €13k
2019: €268k
2020: €181k
2022: €417k
2023: €326k
2024: €351k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€-20k-€198k€235k▲ 18.7%€282k▲ 19.8%€246k▼ 12.8%
Operating result€-33k-€292k€57k▼ 80.5%€71k▲ 24.3%€-35k
Net result€-41k-€220k€39k▼ 82.4%€48k▲ 24.8%€-36k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €35k after €71k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €251k
Fixed assets
€49k▲ 173%
Current assets
€202k▼ 43.3%
Equity and liabilities €251k
Equity
€246k▼ 12.8%
Debt
€5k▼ 94.6%
The debt ratio falls from 24.5% to 2.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-32k
Cash flow
€-33k
Solvency
98.0%▲
2024 · 75.5%
Current ratio
42.70▼
2024 · 68.52
Quick ratio
32.87▼
2024 · 61.68
Debt / equity
0.02▼
2024 · 0.33
ROE
-14.6%▼
2024 · 17.1%
ROA
-14.3%▼
2024 · 12.9%
Interest coverage
-66.29
Debt
€5k▼
2024 · €92k
Debt ≤ 1 year
€5k▼
2024 · €5k
Debt > 1 year
€201▼
2024 · €86k
Income taxes
€1k▼
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€374k€251k▼
Fixed assets21/28€18k€49k▲
Tangible fixed assets22/27€18k€49k▲
Furniture and vehicles24-€31k
Other tangible fixed assets26€18k€18k=
Financial fixed assets28€0-
Current assets29/58€356k€202k▼
Stocks and contracts in progress3€36k€46k▲
Stocks30/36€36k€46k▲
Amounts receivable within one year40/41€15k€854▼
Trade receivables40€14k€0▼
Other amounts receivable41€928€854▼
Cash at bank and in hand54/58€301k€151k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€374k€251k▼
Equity10/15€282k€246k▼
Contributions10/11€19k€19k=
Reserves13€263k€227k▼
Distributable reserves133€263k€227k▼
Profit (loss) carried forward14€24€0▼
Amounts payable17/49€92k€5k▼
Amounts payable after more than one year17€86k€201▼
Other amounts payable178/9€86k€201▼
Amounts payable within one year42/48€5k€5k▼
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€2k€873▼
Taxes450/3€2k€873▼
Other amounts payable47/48€2k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-26k€0▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€49k€-28k▼
Operating profit (loss)9901€71k€-35k▼
Financial income75/76B€0€1k▲
Recurring financial income75€0€1k▲
Financial charges65/66B€2k€487▼
Recurring financial charges65€2k€487▼
Profit (loss) for the period before taxes9903€69k€-35k▼
Income taxes67/77€21k€1k▼
Profit (loss) for the period9904€48k€-36k▼
Profit (loss) for the period to be appropriated9905€48k€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€-36k▼
Profit (loss) brought forward from the previous period14P€406€24▼
Transfer from equity791/2-€36k
Transfer to equity691/2€47k€0▼
To other reserves6921€47k€0▼
Profit to be distributed694/7€2k€0▼
Return on contributions (dividend)694€2k€0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Equity above €200kEq €235k ▲18.7%
2 profitable years in a row build equity to €235k.
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €220k
Net result €220k after one loss-making year.
30-06
Financial
Liquidity times 18current ratio 31.49
Current ratio from 1.78 to 31.49; short-term debt falls from €232k to €14k.
30-06
Financial
Equity above €150kEq €198k
Equity rises from €-20k to €198k.
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-41k ▼201%
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Wervik · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Magerheidstraat 418940 WervikGround area
1,327 m²
Building footprint
200 m²
Volume, LiDAR
1,115 m³
Parcel 33009B0401/00B003, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WOLCO
since 20142.232.057.892
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33009B0401/00B003 | Flanders | 1,327 m² | 1 · 200 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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PRINCETON-KEY INVEST
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-04-2014
Fiscal year end30-06
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
43320Joinery installation
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.