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Generated 18-07-2026
Active BE 0794.914.208Private limited company

WOLF EXPRESS

Veldstraat(EER) 143A ·8480 Ichtegem, Belgium· 3 yrs active
Sector: Road freight transport (49410)
Conclusion Checked

The computed 12-month bankruptcy probability of WOLF EXPRESS is 3.0% (moderate). The 2025 annual accounts show equity of €78k and a net result of €29k. Equity is growing by ~46% per year across the filed fiscal years. Its solvency ranks better than 39% of 58 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €78k
Net result €29k
Staff (FTE) 2.1
Better than sector 39%
Snowflake analysis 5 axes · computed by Checked
Health51Profitability100Solvency9Growth78Stability94
66 / 100

Strong profile, led by profitability.

Health 51
Profitability 100
Solvency 9
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
3.0% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
51 / 100 Fair
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview3 NBB filings
Annual accounts filed on 30-04-2026 with the NBB · fiscal year 2025 · verkort
€0€20k€40k€60kOperating result 2023: €18k€18kNet result 2023: €3k€3kOperating result 2024: €56k€56kNet result 2024: €26k€26kOperating result 2025: €49k€49kNet result 2025: €29k€29k202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~46%/year over 3 fiscal years, indicative, assuming unchanged policy.
€0€50k€100k€150k2026: €100k (€94k - €106k)2027: €122k (€116k - €129k)2028: €145k (€139k - €151k)2023: €33k2024: €49k2025: €78k202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 49, Land transport · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 13.2% 18.0%
better than 39% of 58 sector peers
Net result €29k €27k
better than 53% of 58 sector peers
Equity €78k €123k
better than 39% of 58 sector peers
Gross operating margin €178k €337k
better than 37% of 58 sector peers
Staff costs €96k €300k
higher than 22% of 44 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€71k
-8.6% -98% vs sector
Net profit
€29k
+14.1% +137% vs sector
Cash flow
€51k
+8.1% -98% vs sector
Total assets
€590k
-2.3% -22% vs sector
Equity
€78k
+60.0% -77% vs sector
Working capital
€-197k
-15.5% far below sector median
Employees (FTE)
2
-36.4% -98% vs sector
Staff costs
€96k
-43.0% -99% vs sector
Income taxes
€5k
-54.3% -97% vs sector
Debt
€513k
-7.7% +24% vs sector
Debt ≤ 1y
€404k
+9.0% +82% vs sector
Debt > 1y
€108k
-41.3% -43% vs sector
Current ratio
0.51
-5.1% -71% vs sector
Quick ratio
0.51
-5.1% -71% vs sector
Solvency
13.2%
+63.7% -74% vs sector
Debt / equity
6.60
-42.3% far above sector median
ROE
37.5%
-28.7% far above sector median
ROA
4.9%
+16.7% +7% vs sector
Interest coverage
4.22
+3.5% -99% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€71k
Net profit€29k
Cash flow€51k
Staff costs€96k
Income taxes€5k
Dividends-
Total assets€590k
Equity€78k
Debt€513k
of which ≤ 1y€404k
of which > 1y€108k
Working capital€-197k
Employees (FTE)2.1
Ratios (computed)
2025
Current ratio0.51
Quick ratio0.51
Working capital ratio-33.4%
Solvency13.2%
Debt / equity6.60
Long-term debt ratio1.39
Interest coverage4.22
Gross margin-
Net margin-
ROA4.9%
ROE37.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€590k
Fixed assets 21/28€383k
Tangible fixed assets 22/27€33k
Financial fixed assets 28€350k
Current assets 29/58€207k
Amounts receivable within one year 40/41€189k
Cash & bank 54/58€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€590k
Equity 10/15€78k
Contributions / capital 10/11€20k
Reserves 13€58k
Amounts payable 17/49€513k
Amounts payable after one year 17€108k
Amounts payable within one year 42/48€404k
Trade debts payable within one year 44€176k
Income statement
Gross operating margin 9900€178k
Operating result 9901€49k
Financial income 75€2k
Financial charges 65€17k
Result before taxes 9903€34k
Income taxes 67/77€5k
Net result for the period 9904€29k
Result to be appropriated 9905€29k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 1 directors
Current directors & mandates
  • Thomas Saelens
    Director
    State Gazette act 25155247 (09-12-2025)
    Current
    01-04-2025 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Road freight transport(49410)
Legal form Private limited company(610)
Incorporation16-12-2022
StatusActive
Postal code8480
Establishment units 1 location
WOLF EXPRESS
Veldstraat(EER) 143A, 8480 IchtegemGoederenvervoer over de weg
since 20222.339.223.294
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35006B1023/00D004 Flanders 4,039 m² 1 · 374 m² 6.3 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
30-04-2026
NBB filing Annual accounts filed
fiscal year 2025 · verkort
2025
09-12-2025
State Gazette act Director changes
v3.2
30-04-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
28-03-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2022
20-12-2022
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 7 months ago
2025
09-12-2025 Thomas Saelens appointed as director Director changes
  • Thomas Saelens, Bestuurder
Summary: v3.2
Technical details 
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  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Thomas Saelens",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2025-04-01",
      "evidence_quote": "Uit de notulen van de bijzondere algemene vergadering dd. 01/04/2025 blijkt de benoeming van de heer Thomas Saelens als bijkomende bestuurder, en dit met ingang op 01/04/2025."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0794.914.208",
    "name_full": "WOLF EXPRESS",
    "legal_form": "BV"
  }
}
2022
20-12-2022 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
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  "kind": "oprichting",
  "seat": "Veldstraat 143A, 8480 Ichtegem",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "PLUYM Guillian Frank Martine",
        "niss": null,
        "address": null
      },
      "share_class": "onbeschikbaar",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 10000,
      "holder_person_name": "PLUYM Guillian Frank Martine",
      "is_subscriber_only": true,
      "n_shares_subscribed": 500,
      "amount_subscribed_eur": 10000,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "THERY Brecht Estella Valeer",
        "niss": null,
        "address": null
      },
      "share_class": "onbeschikbaar",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 10000,
      "holder_person_name": "THERY Brecht Estella Valeer",
      "is_subscriber_only": true,
      "n_shares_subscribed": 500,
      "amount_subscribed_eur": 10000,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 20000,
  "subject_company": {
    "kbo": "0794.914.208",
    "name_full": "WOLF EXPRESS",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2022-12-12",
  "post_incorporation_mandates": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410Verhuisbedrijven49420Verhuisactiviteiten49420Opslag in koelpakhuizen en overige opslag52100Opslag52100
Primary activity highlighted.
Names & trade names
Legal nameNL WOLF EXPRESS
Registered office
Veldstraat(EER) 143A
8480 Ichtegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative