WOLFS WILLEM

Active

Private limited companyfounded 200025 yrs activeRue de la Spinette, Boig. 28, 5140 Sombreffe, BelgiumKBO/BCE: BE 0473.513.715

Summary

WOLFS WILLEM has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €51k and a net result of €9k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 65% of 2437 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2024

80 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability82▼-5

Solvency86▼-11

Growth58▼-20

Track record100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €4k at 30 days acceptable

Liquidity ample (current ratio 2.43 against 3.43 in 2023; short-term debt: 38.8% and cash: 53% of total assets), and 38.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 25

Relative position

BE, all sectors

reference

Sector 25

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

61.2%

Return on assets

10.3%

Age of the figures

21 mo

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 filings

Deviation from the deadline

2025

not confirmed

2024

31 d early

2023

14 d early

2022

18 d late

2021

18 d early

2020

29 d early

2019

28 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€51k▼ 6.4%

2023 · €54k

2018: €53k 2019: €41k 2020: €28k 2021: €19k 2022: €43k 2023: €54k

2018 → 2024

Total assets

€83k▲ 10.4%

2023 · €75k

2018: €107k 2019: €78k 2020: €46k 2021: €36k 2022: €59k 2023: €75k

2018 → 2024

Net result

€9k▼ 23.2%

2023 · €11k

2018: €6k 2019: €-13k 2020: €-13k 2021: €-9k 2022: €24k 2023: €11k

2018 → 2024

Working capital

€46k▼ 9.7%

2023 · €51k

2018: €48k 2019: €27k 2020: €19k 2021: €11k 2022: €38k 2023: €51k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€28k-€19k▼ 31.5%€43k▲ 125%€54k▲ 25.9%€51k▼ 6.4%

Operating result€-12k-€-8k▲ 34.5%€24k€13k▼ 46.0%€13k▲ 1.3%

Net result€-13k-€-9k▲ 31.0%€24k€11k▼ 53.5%€9k▼ 23.2%

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 1% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €83k

94.1%

Fixed assets €5k ▲ 42.6%

Current assets €78k ▲ 8.8%

Equity and liabilities €83k

61.2%

38.8%

Equity €51k ▼ 6.4%

Debt €32k ▲ 53.8%

Debt's share of the balance-sheet total rises from 27.8% to 38.8%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€16k▲

2023 · €16k

Cash flow

€11k▼

2023 · €14k

Current ratio

2.43▼

2023 · 3.43

Quick ratio

2.40▼

2023 · 3.36

Debt to equity

0.63▲

2023 · 0.39

ROE

16.9%▼

2023 · 20.6%

ROA

10.3%▼

2023 · 14.8%

Interest coverage

37.49▲

2023 · 31.68

Debt ≤ 1 year

€32k▲

2023 · €21k

Income taxes

€4k▲

2023 · €2k

Staff costs

€46k▲

2023 · €39k

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 · 49 lines

Balance sheet Code20232024

Assets

Total assets20/58€75k€83k▲

Fixed assets21/28€3k€5k▲

Tangible fixed assets22/27€3k€5k▲

Plant, machinery and equipment23€3k€4k▲

Furniture and vehicles24€496€646▲

Financial fixed assets28€196€76▼

Current assets29/58€72k€78k▲

Stocks and contracts in progress3€1k€820▼

Stocks30/36€1k€820▼

Amounts receivable within one year40/41€57k€33k▼

Trade receivables40€57k€29k▼

Other amounts receivable41-€4k

Cash at bank and in hand54/58€13k€44k▲

Deferred charges and accrued income490/1€108€119▲

Equity and liabilities

Total equity and liabilities10/49€75k€83k▲

Equity10/15€54k€51k▼

Contributions10/11€20k€20k=

Reserves13€31k€27k▼

Distributable reserves133€31k€27k▼

Profit (loss) carried forward14€3k€4k▲

Amounts payable17/49€21k€32k▲

Amounts payable within one year42/48€21k€32k▲

Trade debts44€12k€7k▼

Suppliers440/4€12k€7k▼

Taxes, remuneration and social security45€7k€13k▲

Taxes450/3€5k€9k▲

Remuneration and social security454/9€1k€4k▲

Other amounts payable47/48€1k€12k▲

Income statement Code20232024

Non-recurring operating income76A-€2k

Remuneration, social security and pensions62€39k€46k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲

Other operating charges640/8€1k€1k▼

Gross operating margin9900€56k€63k▲

Operating profit (loss)9901€13k€13k▲

Financial income75/76B-€0

Recurring financial income75-€0

Financial charges65/66B€495€433▼

Recurring financial charges65€495€433▼

Profit (loss) for the period before taxes9903€13k€13k▲

Income taxes67/77€2k€4k▲

Profit (loss) for the period9904€11k€9k▼

Profit (loss) for the period to be appropriated9905€11k€9k▼

Appropriation of the result

Profit (loss) to be appropriated9906€13k€12k▼

Profit (loss) brought forward from the previous period14P€2k€3k▲

Transfer from equity791/2-€12k

Transfer to equity691/2€10k€8k▼

To other reserves6921€10k€8k▼

Profit to be distributed694/7-€12k

Return on contributions (dividend)694-€12k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

30-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

17-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

18-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 18 days late

2022

31-12

Financial Back to profitnet €24k

Net result €24k after 3 loss-making years.

31-12

Financial Liquidity doublescurrent ratio 3.41

Current ratio from 1.64 to 3.41; short-term debt falls from €17k to €16k.

13-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

02-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

03-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-12

Financial Weakest financial yearnet €-13k ▼317%

Net result drops to €-13k, the lowest in the series; recovery starts the following year.

03-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

06-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

03-07

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

2016

01-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 1 day late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Sombreffe · 1 establishment unit since 2001

establishment The establishment unit on the map

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.

Rue de la Spinette, Boig. 285140 Sombreffe

Ground area

2,115 m²

Building footprint

467 m²

Parcel 92313D0113/00M002, Wallonia. Linked by address, not a title deed.

1 establishment unit

Rue de la Spinette, Boig. 28, 5140 Sombreffe

NACE 2852002

since 20012.095.083.697

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
92313D0113/00M002	Wallonia	2,115 m²	1 · 467 m²	-

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.

Similar companies · same sector, comparable size

Zedelgem · Eq €50,408

Kortemark · Eq €50,376

Competenza

BE 0800.690.854

Harelbeke · Eq €50,976

Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,428 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded13-12-2000

Fiscal year end31-12

Activities, NACEBEL 2025

25110Manufacture of metal structures and parts of structures

25530Machining of metals

Sources

Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.