Wolff
ActiveWolff has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39k and a net result of €11k. Equity is growing by ~29.7% per year across the filed fiscal years. Its solvency ranks better than 43% of 19354 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+1
Solvency48▼-2
Growth52=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.26 in 2023; short-term debt: 58.8% and cash: 16.5% of total assets), and 76.6% 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+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
23.4%
Return on assets
6.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
69 d late
2022
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€39k▲ 37.2%
2023 · €29k
2022: €22k
2023: €29k
2022 → 2024
Total assets
€169k▲ 48.5%
2023 · €114k
2022: €87k
2023: €114k
2022 → 2024
Net result
€11k▲ 68.0%
2023 · €6k
2022: €16k
2023: €6k
2022 → 2024
Working capital
€35k▲ 105%
2023 · €17k
2022: €-13k
2023: €17k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€22k-€29k▲ 28.4%€39k▲ 37.2%
Operating result€21k-€14k▼ 35.3%€23k▲ 67.8%
Net result€16k-€6k▼ 61.2%€11k▲ 68.0%
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 68% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €169k
Fixed assets
€34k▲ 8.5%
Current assets
€135k▲ 63.9%
Equity and liabilities €169k
Equity
€39k▲ 37.2%
Debt
€129k▲ 52.4%
The debt ratio rises from 74.7% to 76.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€35k▲
2023 · €23k
Cash flow
€23k▲
2023 · €16k
Solvency
23.4%▼
2023 · 25.3%
Current ratio
1.35▲
2023 · 1.26
Quick ratio
1.35▲
2023 · 1.26
Debt / equity
3.28▲
2023 · 2.95
ROE
27.1%▲
2023 · 22.1%
ROA
6.3%▲
2023 · 5.6%
Interest coverage
14.79▼
2023 · 100.08
Debt
€129k▲
2023 · €85k
Debt ≤ 1 year
€99k▲
2023 · €65k
Debt > 1 year
€30k▲
2023 · €20k
Income taxes
€10k▲
2023 · €7k
Staff costs
€76k▲
2023 · €71k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€114k€169k▲
Fixed assets21/28€32k€34k▲
Intangible fixed assets21€22k€15k▼
Tangible fixed assets22/27€10k€20k▲
Plant, machinery and equipment23€1k€882▼
Furniture and vehicles24€9k€19k▲
Current assets29/58€82k€135k▲
Amounts receivable within one year40/41€52k€105k▲
Trade receivables40€3k€11k▲
Other amounts receivable41€48k€94k▲
Cash at bank and in hand54/58€28k€28k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€114k€169k▲
Equity10/15€29k€39k▲
Contributions10/11€6k€6k=
Reserves13€23k€33k▲
Distributable reserves133€23k€33k▲
Amounts payable17/49€85k€129k▲
Amounts payable after more than one year17€20k€30k▲
Other amounts payable178/9€20k€30k▲
Amounts payable within one year42/48€65k€99k▲
Trade debts44€18k€55k▲
Suppliers440/4€18k€55k▲
Taxes, remuneration and social security45€31k€39k▲
Taxes450/3€12k€24k▲
Remuneration and social security454/9€19k€15k▼
Other amounts payable47/48€16k€5k▼
Income statement
Code20232024
Remuneration, social security and pensions62€71k€76k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€13k▲
Other operating charges640/8€636€654▲
Gross operating margin9900€95k€112k▲
Operating profit (loss)9901€14k€23k▲
Financial charges65/66B€229€2k▲
Recurring financial charges65€229€2k▲
Profit (loss) for the period before taxes9903€13k€21k▲
Income taxes67/77€7k€10k▲
Profit (loss) for the period9904€6k€11k▲
Profit (loss) for the period to be appropriated9905€6k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€11k▲
Transfer to equity691/2€6k€11k▲
To other reserves6921€6k€11k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
31-12
Financial
Weakest financial yearnet €6k ▼61.2%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
18-07-2023
AERENS Vanessa: Resigned as Director
18-07-2023
RIGO Marnix: Resigned as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2021
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.
Snepkaai 159000 GentGround area
259 m²
Building footprint
97 m²
Volume, LiDAR
617 m³
Parcel 44809I0166/00F002, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wolff
since 20212.318.149.451
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0166/00F002 | Flanders | 259 m² | 1 · 97 m² | 9.2 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 4,886 EUR awarded · 4,886 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 3,807 EUR | 3,807 EUR |
| 2022 | 1 | 1,079 EUR | 1,079 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,906. 4,654 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-06-2021
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68310Real estate agency activities
68311Real estate activities
68201Renting and operating of own or leased residential real estate, excluding social housing
68322Real estate appraisal on a fee or contract basis
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.