WoolMate
ActiveWoolMate has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €266k and a net result of €21k. Equity is growing by ~35.7% per year across the filed fiscal years. Its solvency ranks better than 60% of 158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
79
/ 100
Excellent▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-60
Solvency82▲+7
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 1.89 in 2024), but 58.3% 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 · 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
41.7%
Return on assets
3.3%
Age of the figures
14 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 14
Relative position
BE, all sectors
reference
Sector 14
lower
← fewer bankruptcies
more bankruptcies →
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
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
2 d late
2024
4 d early
2023
41 d early
2022
21 d early
2021
on the day
2020
2 d early
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€266k▲ 8.3%
2024 · €245k
2019: €27k
2020: €29k
2021: €80k
2022: €132k
2023: €182k
2024: €245k
2019 → 2025
Total assets
€637k▼ 7.6%
2024 · €689k
2019: €689k
2020: €680k
2021: €738k
2022: €739k
2023: €768k
2024: €689k
2019 → 2025
Net result
€21k▼ 66.5%
2024 · €64k
2019: €16k
2020: €2k
2021: €51k
2022: €53k
2023: €51k
2024: €64k
2019 → 2025
Working capital
€52k▼ 35.0%
2024 · €80k
2019: €-63k
2020: €-75k
2021: €-33k
2022: €10k
2023: €28k
2024: €80k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€80k-€132k▲ 65.9%€182k▲ 37.9%€245k▲ 34.4%€266k▲ 8.3%
Operating result€80k-€85k▲ 7.1%€72k▼ 15.4%€91k▲ 26.6%€33k▼ 63.8%
Net result€51k-€53k▲ 2.6%€51k▼ 3.0%€64k▲ 24.9%€21k▼ 66.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 64% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €637k
Fixed assets
€523k▲ 1.0%
Current assets
€113k▼ 33.6%
Equity and liabilities €637k
Equity
€266k▲ 8.3%
Debt
€371k▼ 16.4%
The debt ratio falls from 64.4% to 58.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€67k▼
2024 · €120k
Cash flow
€55k▼
2024 · €92k
Solvency
41.7%▲
2024 · 35.6%
Current ratio
1.85▼
2024 · 1.89
Quick ratio
1.26▼
2024 · 1.44
Debt / equity
1.40▼
2024 · 1.81
ROE
8.0%▼
2024 · 26.0%
ROA
3.3%▼
2024 · 9.2%
Interest coverage
12.29▼
2024 · 21.40
Debt
€371k▼
2024 · €444k
Debt ≤ 1 year
€61k▼
2024 · €91k
Debt > 1 year
€310k▼
2024 · €353k
Income taxes
€8k▼
2024 · €26k
Staff costs
€104k▼
2024 · €124k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€689k€637k▼
Fixed assets21/28€518k€523k▲
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€516k€522k▲
Land and buildings22€450k€434k▼
Plant, machinery and equipment23€64k€85k▲
Furniture and vehicles24€3k€2k▼
Current assets29/58€171k€113k▼
Stocks and contracts in progress3€40k€36k▼
Stocks30/36€40k€36k▼
Amounts receivable within one year40/41€35k€44k▲
Trade receivables40€34k€37k▲
Other amounts receivable41€756€7k▲
Cash at bank and in hand54/58€94k€31k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€689k€637k▼
Equity10/15€245k€266k▲
Contributions10/11€19k€19k=
Reserves13€227k€247k▲
Distributable reserves133€227k€247k▲
Amounts payable17/49€444k€371k▼
Amounts payable after more than one year17€353k€310k▼
Financial debts170/4€353k€310k▼
Amounts payable within one year42/48€91k€61k▼
Current portion of amounts payable after more than one year42€31k€31k▲
Trade debts44€24k€6k▼
Suppliers440/4€24k€6k▼
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€34k€19k▼
Taxes450/3€18k€8k▼
Remuneration and social security454/9€16k€11k▼
Other amounts payable47/48€2k€1k▼
Accrued charges and deferred income492/3€37€212▲
Income statement
Code20242025
Remuneration, social security and pensions62€124k€104k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€33k▲
Other operating charges640/8€7k€5k▼
Gross operating margin9900€251k€176k▼
Operating profit (loss)9901€91k€33k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€89k€30k▼
Income taxes67/77€26k€8k▼
Profit (loss) for the period9904€64k€21k▼
Profit (loss) for the period to be appropriated9905€64k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€21k▼
Transfer from equity791/2€859€770▼
Transfer to equity691/2€64k€21k▼
To other reserves6921€64k€21k▼
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼
The notes to these accounts (12 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
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €64k ▲24.9%
Operating result €91k, net result €64k, both a record.
30-06
Financial
Equity above €200kEq €245k ▲34.4%
6 profitable years in a row build equity to €245k.
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Equity above €150kEq €182k ▲37.9%
5 profitable years in a row build equity to €182k.
10-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €100kEq €132k ▲65.9%
4 profitable years in a row build equity to €132k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €2k ▼86.6%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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 2024
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.
31-05-2024
Resigned as Director
Location & real-estate footprint
Registered office, Zonnebeke · 1 establishment unit since 2018
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.
Statiestraat 65A8980 ZonnebekeGround area
1,055 m²
Building footprint
816 m²
Volume, LiDAR
3,421 m³
Parcel 33019C0058/00F004, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
WoolMate
since 20182.271.974.481
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33019C0058/00F004 | Flanders | 1,055 m² | 1 · 816 m² | 7.0 m · 1 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.
Similar companies · same sector, comparable size
MV BUILDING
BE 0430.415.724
Sint-Niklaas · Eq €278k
KNITTEX
BE 0478.547.916
Gavere · Eq €231k
BEERNAERT
BE 0420.344.352
Oudenaarde · Eq €212k
COUSY
BE 0407.925.877
Zottegem · Eq €619k
GREMATEX
BE 0420.491.139
Beveren-Kruibeke-Zwijndrecht · Eq €734k
Of 127 companies in sector 14100 we hold annual accounts for 12. 9 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2018
Fiscal year end30-06
Activities, NACEBEL
14100Manufacture of wearing apparel
14390Manufacture of wearing apparel
46423Wholesale of clothing, excluding workwear and underwear
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.