WOLFCAP
ActiveSummary
WOLFCAP has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €99k and a net result of €31k. Equity is growing by ~112.9% per year across the filed fiscal years. Its solvency ranks better than 92% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 10.84 against 8.87 in 2023; short-term debt: 8.2% and cash: 3.7% of total assets), and 8.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
19 d early
2022
4 d early
2021
31 d early
2020
31 d late
2019
101 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€99k▲ 45.5%
2023 · €68k
2018: €915lowest in 7 years
2019: €6k▲ +516% vs 2018
2020: €5k▼ -14.8% vs 2019
2021: €41k▲ +761% vs 2020
2022: €33k▼ -20.9% vs 2021
2023: €68k▲ +107% vs 2022
2024: €99k▲ +45.5% vs 2023highest in 7 years
2018 → 2024
Total assets
€107k▲ 41.2%
2023 · €76k
2018: €55k
2019: €34k▼ -38.4% vs 2018
2020: €21k▼ -37.3% vs 2019lowest in 7 years
2021: €53k▲ +151% vs 2020
2022: €58k▲ +9.7% vs 2021
2023: €76k▲ +31.2% vs 2022
2024: €107k▲ +41.2% vs 2023highest in 7 years
2018 → 2024
Net result
€31k▼ 12.1%
2023 · €35k
2018: €24k
2019: €5k▼ -80.6% vs 2018
2020: €-833▼ -118% vs 2019
2021: €36k▲ +4482% vs 2020highest in 7 years
2022: €-9k▼ -124% vs 2021lowest in 7 years
2023: €35k▲ +506% vs 2022
2024: €31k▼ -12.1% vs 2023
2018 → 2024
Working capital
€87k▲ 32.3%
2023 · €65k
2018: €-279lowest in 7 years
2019: €3k▲ +1221% vs 2018
2020: €3k▲ +3.6% vs 2019
2021: €38k▲ +1075% vs 2020
2022: €29k▼ -23.2% vs 2021
2023: €65k▲ +124% vs 2022
2024: €87k▲ +32.3% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€5k-€41k▲ 761%€33k▼ 20.9%€68k▲ 107%€99k▲ 45.5%
2020: €5klowest in 5 years
2021: €41k▲ +761% vs 2020
2022: €33k▼ -20.9% vs 2021
2023: €68k▲ +107% vs 2022
2024: €99k▲ +45.5% vs 2023highest in 5 years
Operating result€-618-€51k€-9k€50k€47k▼ 6.3%
2020: €-618
2021: €51k▲ +8373% vs 2020highest in 5 years
2022: €-9k▼ -117% vs 2021lowest in 5 years
2023: €50k▲ +689% vs 2022
2024: €47k▼ -6.3% vs 2023
Net result€-833-€36k€-9k€35k€31k▼ 12.1%
2020: €-833
2021: €36k▲ +4482% vs 2020highest in 5 years
2022: €-9k▼ -124% vs 2021lowest in 5 years
2023: €35k▲ +506% vs 2022
2024: €31k▼ -12.1% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 6% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €107k
Fixed assets
€12k ▲ 417%
Current assets
€95k ▲ 29.4%
Equity and liabilities €107k
Equity
€99k ▲ 45.5%
Debt
€9k ▲ 5.8%
Debt's share of the balance-sheet total falls from 10.9% to 8.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▼
2023 · €52k
Cash flow
€33k▼
2023 · €36k
Current ratio
10.84▲
2023 · 8.87
Debt to equity
0.09▼
2023 · 0.12
ROE
31.3%▼
2023 · 51.8%
ROA
28.7%▼
2023 · 46.1%
Interest coverage
115.81▼
2023 · 1532.11
Debt ≤ 1 year
€9k▲
2023 · €8k
Income taxes
€17k▲
2023 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€76k€107k▲
Fixed assets21/28€2k€12k▲
Tangible fixed assets22/27€2k€12k▲
Plant, machinery and equipment23€1k€0▼
Furniture and vehicles24€1k€1k▲
Other tangible fixed assets26-€11k
Current assets29/58€74k€95k▲
Amounts receivable within one year40/41€20k€66k▲
Trade receivables40€11k€15k▲
Other amounts receivable41€10k€52k▲
Current investments50/53€25k€25k=
Cash at bank and in hand54/58€28k€4k▼
Equity and liabilities
Total equity and liabilities10/49€76k€107k▲
Equity10/15€68k€99k▲
Contributions10/11€19k€19k=
Reserves13€49k€80k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€49k€80k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€8k€9k▲
Amounts payable within one year42/48€8k€9k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€7k€6k▼
Other amounts payable47/48€0-
Income statement
Code20232024
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€109€623▲
Gross operating margin9900€52k€50k▼
Operating profit (loss)9901€50k€47k▼
Financial income75/76B€341€506▲
Recurring financial income75€341€506▲
Financial charges65/66B€34€428▲
Recurring financial charges65€34€428▲
Profit (loss) for the period before taxes9903€51k€47k▼
Income taxes67/77€16k€17k▲
Profit (loss) for the period9904€35k€31k▼
Profit (loss) for the period to be appropriated9905€35k€31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€31k▲
Profit (loss) brought forward from the previous period14P€-9k€0▲
Transfer to equity691/2€26k€31k▲
To other reserves6921€26k€31k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €374 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €946 | €707 | €860 | €1k | €2k | ▲ 102% |
| Other operating charges640/8 | - | €101 | €102 | €109 | €623 | ▲ 472% |
| Gross operating margin9900 | €428 | €52k | €-8k | €52k | €50k | ▼ 2.9% |
| Operating profit (loss)9901 | €-618 | €51k | €-9k | €50k | €47k | ▼ 6.3% |
| Financial income75/76B | - | €21 | €0 | €341 | €506 | ▲ 48.3% |
| Recurring financial income75 | €0 | €21 | €0 | €341 | €506 | ▲ 48.3% |
| Financial charges65/66B | - | €131 | €66 | €34 | €428 | ▲ 1,171% |
| Recurring financial charges65 | €220 | €131 | €66 | €34 | €428 | ▲ 1,171% |
| Profit (loss) for the period before taxes9903 | €-838 | €51k | €-9k | €51k | €47k | ▼ 6.7% |
| Income taxes67/77 | €-5 | €15k | €0 | €16k | €17k | ▲ 5.5% |
| Profit (loss) for the period9904 | €-833 | €36k | €-9k | €35k | €31k | ▼ 12.1% |
| Profit (loss) for the period to be appropriated9905 | €-833 | €36k | €-9k | €35k | €31k | ▼ 12.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21k | €53k | €58k | €76k | €107k | ▲ 41.2% |
| Fixed assets21/28 | €2k | €3k | €3k | €2k | €12k | ▲ 417% |
| Tangible fixed assets22/27 | €2k | €3k | €3k | €2k | €12k | ▲ 417% |
| Land and buildings22 | - | €882 | €0 | - | - | - |
| Plant, machinery and equipment23 | - | €326 | €2k | €1k | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €2k | €2k | €1k | €1k | ▲ 11.1% |
| Other tangible fixed assets26 | - | - | - | - | €11k | - |
| Current assets29/58 | €20k | €50k | €55k | €74k | €95k | ▲ 29.4% |
| Amounts receivable within one year40/41 | €2k | €12k | €24k | €20k | €66k | ▲ 223% |
| Trade receivables40 | - | €12k | €24k | €11k | €15k | ▲ 33.8% |
| Other amounts receivable41 | - | €0 | - | €10k | €52k | ▲ 438% |
| Current investments50/53 | - | €22k | €25k | €25k | €25k | = |
| Cash at bank and in hand54/58 | €18k | €15k | €5k | €28k | €4k | ▼ 85.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21k | €53k | €58k | €76k | €107k | ▲ 41.2% |
| Equity10/15 | €5k | €41k | €33k | €68k | €99k | ▲ 45.5% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €23k | €23k | €49k | €80k | ▲ 62.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €21k | €21k | €49k | €80k | ▲ 62.7% |
| Profit (loss) carried forward14 | €-16k | €0 | €-9k | €0 | - | - |
| Amounts payable17/49 | €16k | €12k | €25k | €8k | €9k | ▲ 5.8% |
| Amounts payable within one year42/48 | €16k | €12k | €25k | €8k | €9k | ▲ 5.8% |
| Trade debts44 | €949 | €69 | €4k | €2k | €3k | ▲ 107% |
| Suppliers440/4 | - | €69 | €4k | €2k | €3k | ▲ 107% |
| Taxes, remuneration and social security45 | - | €5k | €6k | €7k | €6k | ▼ 17.1% |
| Taxes450/3 | - | €5k | €6k | €7k | €6k | ▼ 17.1% |
| Other amounts payable47/48 | - | €6k | €16k | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-833 | €36k | €-9k | €35k | €31k | ▼ 12.1% |
| + Depreciation and write-downs630 | €946 | €707 | €860 | €1k | €2k | ▲ 102% |
| Operating cash flow (approximation) | €113 | €37k | €-8k | €36k | €33k | ▼ 8.6% |
| Investment in fixed assets (approximation) | - | €-2k | €-1k | €0 | €-12k | - |
| Change in cash | - | €-3k | €-10k | €23k | €-24k | ▼ 205% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 8.87
Current ratio from 2.15 to 8.87; short-term debt falls from €25k to €8k.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 4.30
Current ratio from 1.20 to 4.30; short-term debt falls from €16k to €12k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Antwerpen · 1 establishment unit since 1989
Ground area
119 m²
Building footprint
66 m²
Parcel 11003B0016/00F005, Flanders. Linked by address, not a title deed.
1 establishment unit
Belpairestraat 99, 2600 Antwerpen
since 19892.050.827.646
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003B0016/00F005 | Flanders | 119 m² | 1 · 66 m² | - |
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 250 companies in sector 46432 we hold annual accounts for 171. 122 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
Founded19-12-1990
Fiscal year end31-12
Activities, NACEBEL 2025
46432Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.