WULFFAERT
ActiveWULFFAERT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €677k and a net result of €-384k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 39% of 990 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-80
Solvency68▼-15
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.73 in 2023), but 64.1% 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 · 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 2024Solvency, return and age of the figures
Solvency
35.9%
Return on assets
-20.4%
Age of the figures
23 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 137 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline14-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 28-03-2025, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
33 d early
2023
33 d early
2022
2 d early
2021
17 d early
2020
on the day
2019
24 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€677k▼ 36.2%
2023 · €1.06M
2018: €850k
2019: €893k
2020: €905k
2021: €875k
2022: €891k
2023: €1.06M
2018 → 2024
Total assets
€1.88M▼ 22.3%
2023 · €2.42M
2018: €1.65M
2019: €1.76M
2020: €1.79M
2021: €2.05M
2022: €1.95M
2023: €2.42M
2018 → 2024
Net result
€-384k
2023 · €170k
2018: €21k
2019: €43k
2020: €13k
2021: €-30k
2022: €16k
2023: €170k
2018 → 2024
Working capital
€618k▼ 36.3%
2023 · €970k
2018: €652k
2019: €721k
2020: €801k
2021: €737k
2022: €761k
2023: €970k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€905k-€875k▼ 3.3%€891k▲ 1.8%€1.06M▲ 19.1%€677k▼ 36.2%
Operating result€23k-€-18k€35k€257k▲ 632%€-362k
Net result€13k-€-30k€16k€170k▲ 967%€-384k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €362k after €257k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.88M
Fixed assets
€93k▼ 28.5%
Current assets
€1.79M▼ 22.0%
Equity and liabilities €1.88M
Equity
€677k▼ 36.2%
Debt
€1.21M▼ 11.5%
The debt ratio rises from 56.2% to 64.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-314k▼
2023 · €314k
Cash flow
€-336k▼
2023 · €227k
Solvency
35.9%▼
2023 · 43.8%
Current ratio
1.53▼
2023 · 1.73
Quick ratio
1.27▲
2023 · 1.14
Debt / equity
1.78▲
2023 · 1.28
ROE
-56.8%▼
2023 · 16.0%
ROA
-20.4%▼
2023 · 7.0%
Interest coverage
-4.53▼
2023 · 18.70
Debt
€1.21M▼
2023 · €1.36M
Debt ≤ 1 year
€1.17M▼
2023 · €1.33M
Debt > 1 year
€33k▼
2023 · €38k
Income taxes
€135▼
2023 · €86k
Staff costs
€299k▲
2023 · €266k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.42M€1.88M▼
Fixed assets21/28€130k€93k▼
Tangible fixed assets22/27€129k€92k▼
Plant, machinery and equipment23€55k€49k▼
Furniture and vehicles24€74k€43k▼
Financial fixed assets28€430€430=
Current assets29/58€2.30M€1.79M▼
Amounts receivable after more than one year29€798k€798k=
Other amounts receivable291€798k€798k=
Stocks and contracts in progress3€781k€307k▼
Stocks30/36€781k€307k▼
Amounts receivable within one year40/41€652k€561k▼
Trade receivables40€114k€319k▲
Other amounts receivable41€538k€242k▼
Cash at bank and in hand54/58€22k€77k▲
Deferred charges and accrued income490/1€42k€48k▲
Equity and liabilities
Total equity and liabilities10/49€2.42M€1.88M▼
Equity10/15€1.06M€677k▼
Contributions10/11€100k€100k=
Reserves13€266k€577k▲
Distributable reserves133€266k€577k▲
Profit (loss) carried forward14€695k€0▼
Amounts payable17/49€1.36M€1.21M▼
Amounts payable after more than one year17€38k€33k▼
Financial debts170/4€38k€33k▼
Amounts payable within one year42/48€1.33M€1.17M▼
Current portion of amounts payable after more than one year42€5k€5k▲
Financial debts43€500k€500k=
Credit institutions430/8€500k€500k=
Trade debts44€687k€562k▼
Suppliers440/4€687k€562k▼
Advances received on contracts in progress46€5k€2k▼
Taxes, remuneration and social security45€128k€105k▼
Taxes450/3€103k€94k▼
Remuneration and social security454/9€25k€10k▼
Accrued charges and deferred income492/3-€486
Income statement
Code20232024
Non-recurring operating income76A€0€8k▲
Remuneration, social security and pensions62€266k€299k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€48k▼
Other operating charges640/8€9k€21k▲
Non-recurring operating charges66A€600€0▼
Gross operating margin9900€589k€6k▼
Operating profit (loss)9901€257k€-362k▼
Financial income75/76B€16k€47k▲
Recurring financial income75€16k€47k▲
Financial charges65/66B€17k€69k▲
Recurring financial charges65€17k€69k▲
Profit (loss) for the period before taxes9903€256k€-384k▼
Income taxes67/77€86k€135▼
Profit (loss) for the period9904€170k€-384k▼
Profit (loss) for the period to be appropriated9905€170k€-384k▼
Appropriation of the result
Profit (loss) to be appropriated9906€866k€311k▼
Profit (loss) brought forward from the previous period14P€695k€695k=
Transfer to equity691/2€170k€311k▲
To other reserves6921€170k€311k▲
Social balance
Average headcount (FTE)90874.56.5▲
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €-384k ▼326%
Net result drops to €-384k, the lowest in the series.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €170k ▲967%
Operating result €257k, net result €170k, both a record.
30-09
Financial
Equity above €1MEq €1.06M ▲19.1%
2 profitable years in a row build equity to €1.06M.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
13-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Eeklo · 1 establishment unit since 2005
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.
Kriekmoerstraat 1039900 EekloGround area
608 m²
Building footprint
241 m²
Volume, LiDAR
1,591 m³
Parcel 43005D0595/00Y002, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WULFFAERT
since 20052.150.604.717
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43005D0595/00Y002 | Flanders | 608 m² | 1 · 241 m² | 12.2 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.
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HdS Motor de Schaetzen
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MARKANT
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Of 7,341 companies in sector 95311 we hold annual accounts for 2,939. 1,936 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-11-2005
Fiscal year end30-09
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.