WOLVENBERG
ActiveSummary
WOLVENBERG has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.21M and a net result of €-308k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 51% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▲+4
Solvency72▼-4
Growth22▼-13
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 2.5 against 3.02 in 2024; short-term debt: 33.1% and cash: 15.7% of total assets), but 53.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.8%
Return on assets
-12%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-308k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
74 d late
2023
62 d late
2022
25 d late
2021
31 d late
2020
58 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€8.99M▼ 33.1%
2022 · €13.45M
2022: €13.45M
2022 → 2023
EBIT margin
-6.7%▼ 7.6pp
2022 · 0.9%
2022: 0.9%
2022 → 2023
Net result
€-308k▲ 33.3%
2024 · €-463k
2018: €221k
2019: €4k
2020: €850k
2021: €1.06M
2022: €26k
2023: €-700k
2024: €-463k
2018 → 2025
Working capital
€1.28M▼ 17.5%
2024 · €1.55M
2018: €1.34M
2019: €1.39M
2020: €2.19M
2021: €2.52M
2022: €2.56M
2023: €1.92M
2024: €1.55M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13.45M€8.99M▼ 33.1%
Equity€2.65M-€2.68M▲ 1.0%€1.98M▼ 26.1%€1.52M▼ 23.4%€1.21M▼ 20.4%
Operating result€1.47M-€121k▼ 91.7%€-601k€-378k▲ 37.1%€-243k▲ 35.8%
Net result€1.06M-€26k▼ 97.6%€-700k€-463k▲ 33.9%€-308k▲ 33.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €243k in 2025 against €378k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.58M
Fixed assets
€443k ▼ 32.8%
Current assets
€2.14M ▼ 8.0%
Equity and liabilities €2.58M
Equity
€1.21M ▼ 20.4%
Provisions
€44k =
Debt
€1.33M ▼ 6.6%
Debt's share of the balance-sheet total rises from 47.7% to 51.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-5k▲
2024 · €-77k
Cash flow
€-71k▲
2024 · €-162k
Current ratio
2.50▼
2024 · 3.02
Quick ratio
1.17▲
2024 · 1.06
Debt to equity
1.10▲
2024 · 0.94
ROE
-25.6%▲
2024 · -30.5%
ROA
-12.0%▲
2024 · -15.5%
Interest coverage
-0.08▲
2024 · -0.93
Debt ≤ 1 year
€855k▲
2024 · €770k
Debt > 1 year
€474k▼
2024 · €653k
Income taxes
€1k▼
2024 · €1k
Staff costs
€1.20M▲
2024 · €1.19M
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 · 2025 against 2024 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.98M€2.58M▼
Fixed assets21/28€658k€443k▼
Intangible fixed assets21€157k€74k▼
Tangible fixed assets22/27€487k€355k▼
Plant, machinery and equipment23€20k€16k▼
Furniture and vehicles24€59k€50k▼
Other tangible fixed assets26€409k€289k▼
Financial fixed assets28€14k€14k=
Current assets29/58€2.32M€2.14M▼
Stocks and contracts in progress3€1.51M€1.14M▼
Stocks30/36€1.51M€1.14M▼
Amounts receivable within one year40/41€611k€535k▼
Trade receivables40€439k€431k▼
Other amounts receivable41€172k€104k▼
Cash at bank and in hand54/58€133k€406k▲
Deferred charges and accrued income490/1€70k€56k▼
Equity and liabilities
Total equity and liabilities10/49€2.98M€2.58M▼
Equity10/15€1.52M€1.21M▼
Contributions10/11€186k€186k=
Capital10€186k€186k=
Issued capital100€186k€186k=
Reserves13€76k€76k=
Non-distributable reserves130/1€19k€19k=
Legal reserve130€19k€19k=
Distributable reserves133€58k€58k=
Profit (loss) carried forward14€1.25M€945k▼
Provisions and deferred taxes16€44k€44k=
Provisions for liabilities and charges160/5€44k€44k=
Other liabilities and charges164/5€44k€44k=
Amounts payable17/49€1.42M€1.33M▼
Amounts payable after more than one year17€653k€474k▼
Financial debts170/4€653k€474k▼
Amounts payable within one year42/48€770k€855k▲
Current portion of amounts payable after more than one year42€175k€179k▲
Financial debts43€125k€250k▲
Credit institutions430/8€125k€250k▲
Trade debts44€199k€215k▲
Suppliers440/4€199k€215k▲
Advances received on contracts in progress46€89k€67k▼
Taxes, remuneration and social security45€179k€143k▼
Taxes450/3€44k€30k▼
Remuneration and social security454/9€136k€113k▼
Other amounts payable47/48€2k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€1.19M€1.20M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€301k€237k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-132k€12k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-1k€0▲
Other operating charges640/8€14k€19k▲
Non-recurring operating charges66A€4k€0▼
Gross operating margin9900€997k€1.23M▲
Operating profit (loss)9901€-378k€-243k▲
Financial income75/76B€3€993▲
Recurring financial income75€3€993▲
Financial charges65/66B€83k€66k▼
Recurring financial charges65€83k€66k▼
Profit (loss) for the period before taxes9903€-461k€-307k▲
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€-463k€-308k▲
Profit (loss) for the period to be appropriated9905€-463k€-308k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.25M€945k▼
Profit (loss) brought forward from the previous period14P€1.72M€1.25M▼
Social balance
Average headcount (FTE)908714.113.8▼
The notes to these accounts (29 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 74 days late
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 62 days late
2023
31-12
Financial
Weakest financial yearnet €-700k ▼2810%
Net result drops to €-700k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 25 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €1.06M ▲24.7%
Operating result €1.47M, net result €1.06M, both a record.
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 58 days late
2020
31-12
Financial
Equity above €2MEq €2.19M ▲63.4%
3 profitable years in a row build equity to €2.19M.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Lier · 1 establishment unit since 1988
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.
Galgeveld 622500 LierGround area
1,926 m²
Building footprint
198 m²
Volume, LiDAR
1,037 m³
Parcel 12393F0529/00C000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Galgeveld 62, 2500 Lier
since 19882.039.040.859
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12393F0529/00C000 | Flanders | 1,926 m² | 1 · 197 m² | 7.4 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 2025 · 4 entries · 3,030 EUR awarded · 3,024 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 934 EUR | 1,270 EUR |
| 2024 | 1 | 939 EUR | 431 EUR |
| 2023 | 1 | 447 EUR | 613 EUR |
| 2022 | 1 | 710 EUR | 710 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
894500FKAOC08VRRZL55
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Of 584 companies in sector 46496 we hold annual accounts for 384. 249 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 formPublic limited company
Founded10-01-1978
Fiscal year end31-12
Activities, NACEBEL 2025
46496Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.