WOLFTECH
ActiveSummary
WOLFTECH has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €26,121. Equity remains stable across the filed financial years (±2.1% per year). Its solvency ranks better than 18% of 540 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Activity
Renting and leasing of other personal and household goods
NACE 77229Warehousing and storage NACE 52100
9th oldest company in Machelen, Administrative and support services sector1 site
Size
€14.0mturnover 2025
- Staff
- 36.5 FTE
- Equity
- €1.8m
- Profit
- €26,121
Structure
- WOLF WilliamDirector
- EMKA2Director
- EMKA 2 bvDirector
Auditor: Wendy Saman2025 accounts 105 days early3 of 14 deeds summarised
Why 67raises riskEquity €1.8m (11.6% of total assets)Liquidity: current ratio 0.76, cash €58,812, halvedSize: turnover €14.0m, 36.5 FTE, total assets €15.5mlowers riskFounded in 1983Show the evidence
Checked score
Score 2025
67
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 36% of its sector peers (NACE 77, small)
Financial strength · tick = 2024
Average
Solvency
37-1
equity 11.6% of total assets
Liquidity
26-4
short-term debt 48.9% · cash 0.4%
Profitability
76+3
return on assets 0.2%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%
12-2024: 0.7%● unchanged vs 11-2024
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025lowest value
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026lowest value
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.8%▲ +0.1 percentage points vs 04-2026highest value
06-2026: 0.8%● unchanged vs 05-2026highest value
07-2026: 0.8%● unchanged vs 06-2026highest value
08-2026: 0.8%● unchanged vs 07-2026highest value
09-2026: 0.8%● unchanged vs 08-2026highest value
10-2026: 0.8%● unchanged vs 09-2026highest value
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.76, compared with 0.87 in 2024, below 1; short-term debt: 48.9% and cash: 0.4% of total assets), and 88.4% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, small): better than 20% on solvency, 17% on liquidity, 66% on profitability and 42% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 540 sector peers (2025).
NBB · sector comparisonPosition among 540 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-04-2026, 105 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
105 days early
2024
71 days early
2023
92 days early
2022
102 days early
2021
75 days early
2020
66 days early
2019
85 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 85 days before the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
- Reappointments: MANATEE bv, EMKA 2 bv…Gazette deed
- Annual accounts filedfinancial year 2025 · full…
- Reappointment: Wendy Saman (bedrijfsrevisor commissaris)Gazette deed
Financials · financial year 2025, full format
Turnover
€14.0m▲ 2.8%
2024 · €13.6m
EBIT margin
3.3%▼ 0.8pp
2024 · 4.2%
Net result
€26,121▼ 60.8%
2024 · €66,689
Working capital
-€1.8m▼ 111%
2024 · -€858,575
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 18% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€14.0m
2025
Operating result€0.5m
2025
Net result€0.03m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€15.5m
2025
Equity€1.8m
2025
Debt€13.7m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€1.8m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin3.3%
2025
Return on assets (ROA)0.2%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency11.6%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.76
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)36.5
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 77, Rental and leasing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€12.3m-€12.3m▲ 0.1%€11.7m▼ 4.3%€12.1m▲ 2.6%€13.0m▲ 8.0%€12.7m▼ 2.7%€13.6m▲ 7.2%€14.0m▲ 2.8%
Operating result€0.6m-€0.07m▼ 88.4%€0.3m▲ 346%€0.2m▼ 24.9%€0.4m▲ 71.3%€0.4m▲ 4.3%€0.6m▲ 37.2%€0.5m▼ 17.6%
Net result€0.2m--€0.2m€0.03mwithin the sector's middle half-€0.01mbelow the sector's middle half€0.09mwithin the sector's middle half€0.02mwithin the sector's middle half▼ 78.2%€0.07mwithin the sector's middle half▲ 230%€0.03mwithin the sector's middle half▼ 60.8%
EBIT margin4.8%-0.6%▼ 4.3pp2.6%▲ 2.1pp1.9%▼ 0.7pp3.0%▲ 1.1pp3.2%▲ 0.2pp4.2%▲ 0.9pp3.3%▼ 0.8pp
Equity€1.7m-€1.6m▼ 8.8%€1.6mwithin the sector's middle half▲ 1.7%€1.6mwithin the sector's middle half▼ 0.6%€1.7mwithin the sector's middle half▲ 5.8%€1.7mwithin the sector's middle half▲ 1.2%€1.8mwithin the sector's middle half▲ 3.9%€1.8mwithin the sector's middle half▲ 1.5%
Total assets€11.1m-€13.2m▲ 18.6%€12.9mabove the sector's middle half▼ 2.6%€13.6mabove the sector's middle half▲ 5.7%€12.6mabove the sector's middle half▼ 7.6%€12.8mabove the sector's middle half▲ 1.6%€13.5mabove the sector's middle half▲ 5.4%€15.5mabove the sector's middle half▲ 15.1%
Debt€9.4m-€11.6m▲ 23.7%€11.3m▼ 3.1%€12.0m▲ 6.6%€10.9m▼ 9.4%€11.1m▲ 1.6%€11.7m▲ 5.7%€13.7m▲ 17.2%
Working capital-€2.0m--€2.7m▼ 38.1%-€2.2mbelow the sector's middle half▲ 18.5%-€3.4mbelow the sector's middle half▼ 53.5%-€3.6mbelow the sector's middle half▼ 6.4%-€1.7mbelow the sector's middle half▲ 52.5%-€0.9mbelow the sector's middle half▲ 50.4%-€1.8mbelow the sector's middle half▼ 111%
Solvency15.5%-11.9%▼ 3.6pp12.5%within the sector's middle half▲ 0.5pp11.7%within the sector's middle half▼ 0.8pp13.4%within the sector's middle half▲ 1.7pp13.4%within the sector's middle half=13.2%within the sector's middle half▼ 0.2pp11.6%below the sector's middle half▼ 1.6pp
Current ratio0.69-0.67▼ 0.020.71below the sector's middle half▲ 0.040.63below the sector's middle half▼ 0.090.54below the sector's middle half▼ 0.090.74within the sector's middle half▲ 0.200.87within the sector's middle half▲ 0.130.76below the sector's middle half▼ 0.10
Return on assets (ROA)2.1%--1.2%▼ 3.2pp0.2%within the sector's middle half▲ 1.4pp-0.1%within the sector's middle half▼ 0.3pp0.7%within the sector's middle half▲ 0.8pp0.2%within the sector's middle half▼ 0.6pp0.5%within the sector's middle half▲ 0.3pp0.2%within the sector's middle half▼ 0.3pp
Staff (FTE)36-41.3▲ 14.7%38.5above the sector's middle half▼ 6.8%40above the sector's middle half▲ 3.9%38.8above the sector's middle half▼ 3.0%36.9above the sector's middle half▼ 4.9%37.6above the sector's middle half▲ 1.9%36.5above the sector's middle half▼ 2.9%
above
within
below
the middle half of NACE 77, Rental and leasing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.5m
Fixed assets
€9.7m ▲ 22.5%
Current assets
€5.8m ▲ 4.5%
Equity and liabilities €15.5m
Equity
€1.8m ▲ 1.5%
Debt
€13.7m ▲ 17.2%
Debt's share of the balance-sheet total rises from 86.8% to 88.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2.5m▲
2024 · €2.4m
Cash flow
€2.1m▲
2024 · €1.9m
Quick ratio
0.60▼
2024 · 0.71
Debt to equity
7.61▲
2024 · 6.59
ROE
1.5%▼
2024 · 3.8%
Interest coverage
5.93▲
2024 · 5.30
Debt ≤ 1 year
€7.6m▲
2024 · €6.4m
Debt > 1 year
€6.1m▲
2024 · €5.3m
Income taxes
€39,346▼
2024 · €57,810
Staff costs
€3.2m▲
2024 · €2.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
1.9%
stopped otherwise
96.9%
still going
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,685 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €12.2m | €13.2m | €13.0m | €13.6m | €14.0m | ▲ 3.0% |
| Turnover70 | €12.3m | €12.3m | €11.7m | €12.1m | €13.0m | €12.7m | €13.6m | €14.0m | ▲ 2.8% |
| Other operating income74 | - | - | - | €0.2m | €0.2m | €0.3m | €0.04m | €0.07m | ▲ 71.7% |
| Non-recurring operating income76A | - | - | - | - | - | €183 | €0.001m | - | - |
| Operating charges60/66A | - | - | - | €12.0m | €12.8m | €12.6m | €13.0m | €13.6m | ▲ 3.9% |
| Goods for resale, raw materials and consumables60 | - | - | - | €3.2m | €4.0m | €3.1m | €4.0m | €3.1m | ▼ 23.2% |
| Purchases600/8 | - | - | - | €3.2m | €3.8m | €3.4m | €4.0m | €3.4m | ▼ 16.4% |
| Change in stocks: decrease (increase)609 | - | - | - | €0.05m | €0.2m | -€0.3m | €0.03m | -€0.3m | - |
| Services and other goods61 | - | - | - | €3.9m | €4.1m | €4.7m | €4.2m | €4.8m | ▲ 15.4% |
| Remuneration, social security and pensions62 | - | - | - | €2.9m | €2.7m | €2.7m | €2.9m | €3.2m | ▲ 8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.7m | €1.7m | €1.8m | €1.8m | €1.9m | €2.0m | €1.8m | €2.0m | ▲ 10.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€0.02m | €0.03m | €0.009m | -€0.02m | €0.01m | - |
| Other operating charges640/8 | - | - | - | €0.09m | €0.07m | €0.06m | €0.09m | €0.4m | ▲ 403% |
| Non-recurring operating charges66A | - | - | - | €0.002m | - | - | - | €0.006m | - |
| Operating profit (loss)9901 | €0.6m | €0.07m | €0.3m | €0.2m | €0.4m | €0.4m | €0.6m | €0.5m | ▼ 17.6% |
| Financial income75/76B | - | - | - | €0.04m | €0.008m | €0.02m | €0.02m | €0.03m | ▲ 42.5% |
| Recurring financial income75 | €0.008m | €0.04m | €0.01m | €0.01m | €0.008m | €0.02m | €0.02m | €0.03m | ▲ 42.5% |
| Income from current assets751 | - | - | - | €0.006m | €0.002m | - | - | - | - |
| Other financial income752/9 | - | - | - | €0.008m | €0.007m | €0.02m | €0.02m | €0.03m | ▲ 42.5% |
| Non-recurring financial income76B | - | - | - | €0.02m | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.2m | €0.2m | €0.4m | €0.5m | €0.4m | ▼ 6.8% |
| Recurring financial charges65 | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | €0.4m | €0.5m | €0.4m | ▼ 6.8% |
| Debt charges650 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.4m | €0.5m | €0.4m | ▼ 7.4% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | - | - | €0.001m | - | - | - |
| Other financial charges652/9 | - | - | - | €0.02m | €0.007m | €0.01m | €0.007m | €0.009m | ▲ 31.9% |
| Profit (loss) for the period before taxes9903 | €0.4m | -€0.1m | €0.06m | €0.03m | €0.2m | €0.06m | €0.1m | €0.07m | ▼ 47.4% |
| Income taxes67/77 | €0.1m | €0.005m | €0.03m | €0.04m | €0.07m | €0.04m | €0.06m | €0.04m | ▼ 31.9% |
| Taxes670/3 | - | - | - | €0.04m | €0.07m | €0.04m | €0.06m | €0.04m | ▼ 32.1% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | - | - | €138 | - | - |
| Profit (loss) for the period9904 | €0.2m | -€0.2m | €0.03m | -€0.01m | €0.09m | €0.02m | €0.07m | €0.03m | ▼ 60.8% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | -€0.2m | €0.03m | -€0.01m | €0.09m | €0.02m | €0.07m | €0.03m | ▼ 60.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €11.1m | €13.2m | €12.9m | €13.6m | €12.6m | €12.8m | €13.5m | €15.5m | ▲ 15.1% |
| Fixed assets21/28 | €6.7m | €7.5m | €7.3m | €7.9m | €8.3m | €7.9m | €7.9m | €9.7m | ▲ 22.5% |
| Tangible fixed assets22/27 | €6.7m | €7.5m | €7.3m | €7.9m | €8.3m | €7.9m | €7.9m | €9.7m | ▲ 22.5% |
| Plant, machinery and equipment23 | - | - | - | €7.4m | €8.0m | €7.8m | €7.7m | €8.5m | ▲ 10.4% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.03m | €0.02m | €0.04m | €0.04m | ▲ 3.5% |
| Leasing and similar rights25 | - | - | - | €0.4m | €0.3m | €0.1m | €0.2m | €1.2m | ▲ 540% |
| Financial fixed assets28 | €0.005m | €0.01m | €0.005m | €0.005m | €0.005m | €0.005m | €0.006m | €0.006m | = |
| Other financial fixed assets284/8 | - | - | - | €0.005m | €0.005m | €0.005m | €0.006m | €0.006m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.005m | €0.005m | €0.005m | €0.006m | €0.006m | = |
| Current assets29/58 | €4.5m | €5.7m | €5.5m | €5.7m | €4.3m | €4.8m | €5.5m | €5.8m | ▲ 4.5% |
| Stocks and contracts in progress3 | €1.0m | €1.1m | €0.9m | €0.9m | €0.7m | €1.0m | €1.0m | €1.2m | ▲ 25.8% |
| Stocks30/36 | - | - | - | €0.9m | €0.7m | €1.0m | €1.0m | €1.2m | ▲ 25.8% |
| Goods purchased for resale34 | - | - | - | €0.9m | €0.7m | €1.0m | €1.0m | €1.2m | ▲ 25.8% |
| Amounts receivable within one year40/41 | €3.1m | €4.0m | €4.3m | €4.0m | €3.5m | €3.5m | €4.1m | €4.5m | ▲ 7.9% |
| Trade receivables40 | - | - | - | €4.0m | €3.4m | €3.5m | €4.1m | €4.4m | ▲ 7.9% |
| Other amounts receivable41 | - | - | - | €0.002m | €0.03m | €0.04m | €0.08m | €0.09m | ▲ 7.8% |
| Cash at bank and in hand54/58 | €0.4m | €0.5m | €0.3m | €0.8m | €0.1m | €0.3m | €0.4m | €0.06m | ▼ 85.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.06m | - | €0.04m | €0.03m | €0.03m | ▲ 14.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €11.1m | €13.2m | €12.9m | €13.6m | €12.6m | €12.8m | €13.5m | €15.5m | ▲ 15.1% |
| Equity10/15 | €1.7m | €1.6m | €1.6m | €1.6m | €1.7m | €1.7m | €1.8m | €1.8m | ▲ 1.5% |
| Contributions10/11 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Capital10 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Issued capital100 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Reserves13 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.5m | ▲ 1.8% |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Legal reserve130 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Distributable reserves133 | - | - | - | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | ▲ 1.9% |
| Profit (loss) carried forward14 | - | -€0.2m | -€0.1m | -€0.1m | -€0.04m | -€0.02m | - | - | - |
| Amounts payable17/49 | €9.4m | €11.6m | €11.3m | €12.0m | €10.9m | €11.1m | €11.7m | €13.7m | ▲ 17.2% |
| Amounts payable after more than one year17 | €3.0m | €3.2m | €3.5m | €2.9m | €3.0m | €4.5m | €5.3m | €6.1m | ▲ 15.3% |
| Financial debts170/4 | - | - | - | €2.2m | €2.3m | €3.8m | €5.3m | €6.1m | ▲ 15.3% |
| Leasing and similar obligations172 | - | - | - | €0.1m | €0.06m | - | €0.1m | €1.0m | ▲ 910% |
| Credit institutions173 | - | - | - | €2.1m | €2.2m | €3.8m | €5.2m | €5.1m | ▼ 1.2% |
| Other amounts payable178/9 | - | - | - | €0.7m | €0.7m | €0.7m | - | - | - |
| Amounts payable within one year42/48 | €6.4m | €8.4m | €7.8m | €9.1m | €7.9m | €6.6m | €6.4m | €7.6m | ▲ 18.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1.4m | €1.3m | €1.4m | €1.3m | €1.6m | ▲ 20.7% |
| Financial debts43 | - | - | - | €3.4m | €2.5m | €1.5m | €2.2m | €2.8m | ▲ 28.7% |
| Credit institutions430/8 | - | - | - | €3.4m | €2.5m | €1.5m | €2.2m | €2.8m | ▲ 28.7% |
| Trade debts44 | €2.0m | €3.3m | €2.9m | €3.3m | €3.1m | €2.9m | €2.3m | €2.5m | ▲ 7.3% |
| Suppliers440/4 | - | - | - | €3.3m | €3.1m | €2.9m | €2.3m | €2.5m | ▲ 7.3% |
| Advances received on contracts in progress46 | - | - | - | - | €0.1m | - | €0.03m | €0.02m | ▼ 36.3% |
| Taxes, remuneration and social security45 | - | - | - | €0.8m | €0.7m | €0.8m | €0.4m | €0.7m | ▲ 57.3% |
| Taxes450/3 | - | - | - | €0.4m | €0.3m | €0.4m | €0.3m | €0.4m | ▲ 36.9% |
| Remuneration and social security454/9 | - | - | - | €0.3m | €0.4m | €0.3m | €0.2m | €0.3m | ▲ 90.9% |
| Other amounts payable47/48 | - | - | - | €0.3m | €0.2m | €0.1m | €0.1m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.009m | €0.007m | €0.02m | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | -€0.2m | €0.03m | -€0.01m | €0.09m | €0.02m | €0.07m | €0.03m | ▼ 60.8% |
| + Depreciation and write-downs630 | €1.7m | €1.7m | €1.8m | €1.8m | €1.9m | €2.0m | €1.8m | €2.0m | ▲ 10.1% |
| Operating cash flow (approximation) | €2.0m | €1.6m | €1.8m | €1.8m | €2.0m | €2.0m | €1.9m | €2.1m | ▲ 7.6% |
| Investment in fixed assets (approximation) | - | -€2.6m | -€1.6m | -€2.4m | -€2.3m | -€1.7m | -€1.8m | -€3.8m | ▼ 109% |
| Change in cash | - | €0.08m | -€0.1m | €0.5m | -€0.7m | €0.1m | €0.1m | -€0.3m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 42 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 17-04-2026 | 2026-00085344 |
| 31-12-2024 | full format | 21-05-2025 | 2025-00108167 |
| 31-12-2023 | full format | 30-04-2024 | 2024-00081397 |
| 31-12-2022 | full format | 20-04-2023 | 2023-00062933 |
| 31-12-2021 | full format | 17-05-2022 | 2022-20029099 |
| 31-12-2020 | full format | 26-05-2021 | 2021-15600135 |
| 31-12-2019 | full format | 07-05-2020 | 2020-11800015 |
| 31-12-2018 | full format | 02-05-2019 | 2019-12300127 |
| 31-12-2017 | full format | 30-05-2018 | 2018-15300588 |
| 31-12-2016 | full format | 26-04-2017 | 2017-10300058 |
Similar companies · same sector, comparable size
HOTEL CATHEDRALE
BE 0445.840.110
Tournai · equity €1,789,875
Lease Estate
BE 0735.699.666
Gent · equity €1,762,447
LDL Coin
BE 0885.021.862
Tielt · equity €1,726,528
IN-LEASE
BE 0457.241.469
Kontich · equity €1,697,584
SYRINX
BE 0462.882.317
Kalmthout · equity €1,668,968
Of the 867 active companies whose main activity is renting and leasing of other personal and household goods (NACE 77229), figures are known for 318. 129 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 8 entries · €67,491 awarded · €67,491 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €24,361 | €24,406 |
| 2024 | 2 | €22,527 | €22,578 |
| 2023 | 2 | €14,147 | €14,051 |
| 2022 | 2 | €6,456 | €6,456 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
3 directors, 1 in day-to-day management, last change in 2023
Board 3
WOLF William
CurrentDirector · since 10-11-2023
EMKA2
CurrentDirector · Private limited company
EMKA 2 bv
CurrentDirector · Legal entity · from a recent deed
Day-to-day management 1
MANATEE
CurrentManaging director · Private limited company
Statutory auditor 1
Wendy Saman
CurrentBedrijfsrevisor commissaris · since 06-10-2025
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
11 of this company's 14 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
5 people since 2023, 5 in office
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| WOLF William |
|
| EMKA 2 bvfrom an act |
|
| EMKA2 |
|
| MANATEE |
|
| Wendy Saman |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Materdak
Shared corporate director
→
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
19-05
Gazette deed
Reappointments: MANATEE bv, EMKA 2 bv and WOLF William4 facts ▸
Gazette deed
Reappointments: MANATEE bv, EMKA 2 bv and WOLF William
4 facts ▸
- General meeting, 07-04-2026
- Director reappointment, MANATEE bv (managing director)
- Director reappointment, EMKA 2 bv (director)
- Director reappointment, WOLF William (director)
17-04
NBB filing
Annual accounts filed
financial year 2025 · full format
2025
06-10
Gazette deed
Reappointment: Wendy Saman (bedrijfsrevisor commissaris)2 facts ▸
Gazette deed
Reappointment: Wendy Saman (bedrijfsrevisor commissaris)
2 facts ▸
- General meeting, 01-04-2025
- Auditor reappointment, Wendy Saman (bedrijfsrevisor commissaris)
21-05
NBB filing
Annual accounts filed
financial year 2024 · full format
2024
30-04
NBB filing
Annual accounts filed
financial year 2023 · full format
12-02
Gazette deed
Appointment: William WOLF (director)2 facts ▸
Gazette deed
Appointment: William WOLF (director)
2 facts ▸
- General meeting, 10-11-2023
- Director appointment, William WOLF (director)
2023
20-04
NBB filing
Annual accounts filed
financial year 2022 · full format
2022
31-12
Financial
Back to profitnet €92,652
Net result €92,652 after one loss-making year.
17-05
NBB filing
Annual accounts filed
financial year 2021 · full format
2021
26-05
NBB filing
Annual accounts filed
financial year 2020 · full format
2020
31-12
Financial
Back to profitnet €27,585
Net result €27,585 after one loss-making year.
07-05
NBB filing
Annual accounts filed
financial year 2019 · full format
Show earlier events
2019
31-12
Financial
Weakest financial yearnet -€152,690
Net result drops to -€152,690, the lowest in the series; recovery starts the following year.
02-05
NBB filing
Annual accounts filed
financial year 2018 · full format
2018
30-05
NBB filing
Annual accounts filed
financial year 2017 · full format
2017
26-04
NBB filing
Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 42 annual accounts filed, the latest 10 are here; all 42 are under Financials.
3 of 14 deeds read
About the unread acts
Of the 14 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Register details
Identification
Legal formPublic limited company
Founded03-11-1983
Financial year end31-12
Activities, NACEBEL 2025
52100Warehousing and storage
77229Renting and leasing of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0424751023
Also
9925:BE0424751023
Registered
16-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
1 application in Flanders since 2018 · 1 granted
Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Machelen (Brab.) · 1 establishment unit since 1983
Ground area
1.8 ha
Building footprint
1,526 m²
Parcel 23047A0108/00E000, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
WOLFTECH
since 1983unit no. 2.023.379.814
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23047A0108/00E000 | Flanders | 1.8 ha | 1 · 1,526 m² | - |
How the parcels are linked
Good to know
The parcel matches the address exactly.