WOLVELD²
ActiveSummary
WOLVELD² has been active since 1954 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,351 and a net result of €30,899. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €31,351
- Profit
- €30,899
- Parent
- TERRA2 · 100%
- De Beide VlaanderenDirector · permanent representative Verhaeghe Wim
Why 92raises riskEquity €31,351 (2.3% of total assets)lowers riskSize: turnover €0, total assets €1.3mFigures for financial year 2025 (filed 04-06-2026)Legal form: public limited companyShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, micro): better than 18% on solvency, 10% on liquidity, 33% on profitability and 99% on growth.
The bankruptcy probability was computed on 26-10-2026 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).
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Signals
This company filed its last 7 accounts on average 82 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €30,899
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €62,036 after a loss of €25,328 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 1,217 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96.0% are still going.
- Small
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 1,217 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | - | - | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | - | €9,370 | €3,704 | ▼ 60.5% |
| Remuneration, social security and pensions62 | - | - | - | - | €139 | -€21 | €0 | -€117 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €732 | €732 | €753 | €791 | €517 | €255 | €64 | - | - |
| Other operating charges640/8 | - | - | - | - | €13,924 | €15,219 | €17,587 | €12,544 | ▼ 28.7% |
| Non-recurring operating charges66A | - | - | - | - | - | €422 | €1,719 | - | - |
| Gross operating margin9900 | €16,526 | €13,021 | €10,278 | €246,449 | -€4,768 | €8,378 | -€5,958 | €74,463 | - |
| Operating profit (loss)9901 | €5,280 | €1,570 | -€4,144 | €231,845 | -€19,349 | -€7,497 | -€25,328 | €62,036 | - |
| Financial income75/76B | - | - | - | - | - | €0 | €25,898 | €38,499 | ▲ 48.7% |
| Recurring financial income75 | €5 | - | - | - | - | €0 | €25,898 | €38,499 | ▲ 48.7% |
| Financial charges65/66B | - | - | - | - | €71 | €80 | €45,330 | €49,637 | ▲ 9.5% |
| Recurring financial charges65 | €120 | €107 | €68 | €73 | €71 | €80 | €45,330 | €49,637 | ▲ 9.5% |
| Profit (loss) for the period before taxes9903 | €5,166 | €1,463 | -€4,211 | €231,772 | -€19,420 | -€7,576 | -€44,760 | €50,899 | - |
| Income taxes67/77 | €1 | - | - | - | - | €0 | - | €20,000 | - |
| Profit (loss) for the period9904 | €5,165 | €1,463 | -€4,211 | €231,772 | -€19,420 | -€7,577 | -€44,760 | €30,899 | - |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | - | - | €10,922 | - |
| Profit (loss) for the period to be appropriated9905 | €5,165 | €1,463 | -€4,211 | €235,501 | -€19,420 | -€7,577 | -€44,760 | €41,821 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.03m | €0.04m | €0.03m | €0.3m | €0.3m | €0.2m | €1.3m | €1.3m | ▲ 3.9% |
| Fixed assets21/28 | €0.002m | €0.001m | €0.001m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 3.7% |
| Tangible fixed assets22/27 | €0.002m | €0.001m | €0.001m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 3.7% |
| Land and buildings22 | - | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 3.7% |
| Plant, machinery and equipment23 | - | - | - | - | €241 | €0 | - | - | - |
| Furniture and vehicles24 | - | - | - | - | €181 | €0 | - | - | - |
| Current assets29/58 | €0.03m | €0.04m | €0.03m | €0.02m | €0.01m | €0.007m | €1.1m | €1.1m | ▲ 5.7% |
| Amounts receivable within one year40/41 | €0.004m | €0.01m | €0.002m | €0.004m | €0.001m | €0.004m | €1.1m | €1.0m | ▼ 6.3% |
| Trade receivables40 | - | - | - | - | €0.001m | €0.004m | €0 | - | - |
| Other amounts receivable41 | - | - | - | - | €71 | €0 | €1.1m | €1.0m | ▼ 6.3% |
| Cash at bank and in hand54/58 | €0.03m | €0.02m | €0.03m | €0.02m | €0.006m | €0.003m | €0.008m | €0.1m | ▲ 16× |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.002m | €240 | €0 | €0.003m | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.03m | €0.04m | €0.03m | €0.3m | €0.3m | €0.2m | €1.3m | €1.3m | ▲ 3.9% |
| Equity10/15 | -€0.2m | -€0.2m | -€0.2m | €0.07m | €0.05m | €0.05m | €452 | €0.03m | ▲ 69× |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Capital10 | - | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Issued capital100 | - | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.02m | ▼ 30.6% |
| Non-distributable reserves130/1 | - | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Legal reserve130 | - | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Tax-exempt reserves132 | - | - | - | - | €0.01m | €0.01m | €0.01m | €0 | ▼ 100% |
| Profit (loss) carried forward14 | -€0.4m | -€0.4m | -€0.4m | -€0.2m | -€0.2m | -€0.2m | -€0.3m | -€0.2m | ▲ 14.8% |
| Amounts payable17/49 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €1.3m | €1.3m | ▲ 1.6% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0 | - | - |
| Other amounts payable178/9 | - | - | - | - | €0.2m | €0.2m | €0 | - | - |
| Amounts payable within one year42/48 | €0.001m | €0.001m | - | €0.001m | €0.004m | €0.001m | €1.3m | €1.3m | ▲ 1.6% |
| Financial debts43 | - | - | - | - | - | - | €1.3m | €1.3m | = |
| Credit institutions430/8 | - | - | - | - | - | - | €1.3m | €1.3m | = |
| Trade debts44 | €16 | - | - | €0.001m | €0.002m | €356 | €0.002m | €0.002m | ▲ 4.0% |
| Suppliers440/4 | - | - | - | - | €0.002m | €356 | €0.002m | €0.002m | ▲ 4.0% |
| Advances received on contracts in progress46 | - | - | - | - | €0.001m | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | - | €0.001m | €0 | - | - |
| Taxes450/3 | - | - | - | - | - | €0.001m | €0 | - | - |
| Other amounts payable47/48 | - | - | - | - | - | - | €0 | €0.02m | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.002m | €0.003m | €0.002m | €0.002m | ▼ 21.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,165 | €1,463 | -€4,211 | €231,772 | -€19,420 | -€7,577 | -€44,760 | €30,899 | - |
| + Depreciation and write-downs630 | €732 | €732 | €753 | €791 | €517 | €255 | €64 | - | - |
| Operating cash flow (approximation) | €5,897 | €2,195 | -€3,458 | €232,563 | -€18,903 | -€7,322 | -€44,696 | €30,899 | - |
| Investment in fixed assets (approximation) | - | €0 | -€534 | -€241,827 | €0 | €422 | €1,719 | €8,773 | ▲ 410% |
| Change in cash | - | -€6,612 | €8,917 | -€10,583 | -€12,314 | -€3,209 | €5,283 | €123,074 | ▲ 23× |
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 49 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 04-06-2026 | 2026-00137638 |
| 31-12-2024 | abbreviated format | 18-06-2025 | 2025-00155472 |
| 31-12-2023 | micro format | 22-02-2024 | 2024-00035378 |
| 31-12-2022 | micro format | 07-03-2023 | 2023-00037225 |
| 31-12-2021 | micro format | 07-03-2022 | 2022-07200028 |
| 31-12-2020 | micro format | 22-07-2021 | 2021-39000087 |
| 31-12-2019 | micro format | 16-07-2020 | 2020-31500253 |
| 31-12-2018 | micro format | 22-07-2019 | 2019-36100339 |
| 31-12-2017 | micro format | 17-07-2018 | 2018-33800553 |
| 31-12-2016 | micro format | 27-07-2017 | 2017-37300325 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Statutory auditor 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| De Beide Vlaanderen |
|
| CALLENS VANDELANOTTE |
|
| Vandeputte Marc |
|
| Vandeputte Vincent |
|
Owners and capital
Owners
1 ownerChain of control
- De Beide Vlaanderen
- TERRA2
- WOLVELD²
Highest known parent: De Beide Vlaanderen. The sources do not say who stands above it.
Owners 1
- TERRA2parentSourceaccounts TERRA2 2025100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
3 connected companiesHistory
Acts, filings and financial milestones
25-06
Gazette deed
Appointment: CALLENS VANDELANOTTE (statutory auditor)Permanent representative: Wim Verhaeghe4 facts ▸
- General meeting, 21-03-2024
- Auditor appointment, CALLENS VANDELANOTTE (statutory auditor)
- Other provision, “vertegenwoordiger, aanstelling als vertegenwoordiger van commissaris” (deed in Dutch)
- Permanent representative, Wim Verhaeghe
04-03
Gazette deed
Resignations: Vandeputte Marc (director) and Vandeputte Vincent (director)Appointment: DE BEIDE VLAANDEREN (niet statutaire enige bestuurder) · Permanent representative: Verhaeghe Wim · Capital14 facts ▸
- Capital, €247,893.52
- Director resignation, Vandeputte Marc (director)
- Director resignation, Vandeputte Vincent (director)
- Director discharge, Vandeputte Marc
- Director discharge, Vandeputte Vincent
- Director appointment, DE BEIDE VLAANDEREN (niet statutaire enige bestuurder)
- Permanent representative, Verhaeghe Wim
- Registered-office move, 8610 Kortemark, Den Triangel 2
- Power of attorney
- General meeting, 23-02-2024
- Name change, WOLVELD²
- Other provision, “verslag opgemaakt door het bestuursorgaan op heden omtrent de wijziging van het voorwerp, vrijstelling voorlezing verslag bestuursorgaan over voorwerpwijziging” (deed in Dutch)
- +2 further facts in this act
Show earlier events
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 32011C1520/00Y000 | Flanders | 5,490 m² | 1 · 1,119 m² | 0.0 m |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- WOLVELD²
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan mag administratieve zetels,agentschappen,ateliers,opslagplaatsen en bijhuizen oprichten of opheffen in België…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, hoogstens zes jaar” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Thursday of May at 13:30
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, zoals inzake statutenwijziging” (deed in Dutch)