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WulfMANN

Active
Private limited companyfounded 2025active for 1 yearFabiolalaan 40, 8880 Ledegem, BelgiumKBO/BCE: BE 1027.180.708
Summary

WulfMANN has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,465 and a net result of €12,131. Its solvency ranks better than 44% of 9,496 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€11,465
Total assets
€25,994
Net result
€12,131
Working capital
€11,465

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Equity and liabilities €25,994
Equity €11,465
Debt €14,529
Debt finances 55.9% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
1.79
Debt to equity
1.27
ROE
105.8%
ROA
46.7%
Debt ≤ 1 year
€14,529
Income taxes
€3,140

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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% 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 11,280 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
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€25,994
Current assets29/58€25,994
Amounts receivable within one year40/41€12,012
Trade receivables40€12,012
Cash at bank and in hand54/58€13,902
Deferred charges and accrued income490/1€80
Equity and liabilities
Total equity and liabilities10/49€25,994
Equity10/15€11,465
Contributions10/11€1,000
Reserves13€10,465
Distributable reserves133€10,465
Profit (loss) carried forward14€0
Amounts payable17/49€14,529
Amounts payable within one year42/48€14,529
Trade debts44€5,011
Suppliers440/4€5,011
Taxes, remuneration and social security45€6,767
Taxes450/3€6,767
Other amounts payable47/48€2,752
Income statement Code2025
Gross operating margin9900€15,279
Operating profit (loss)9901€15,279
Financial charges65/66B€8
Recurring financial charges65€8
Profit (loss) for the period before taxes9903€15,271
Income taxes67/77€3,140
Profit (loss) for the period9904€12,131
Profit (loss) for the period to be appropriated9905€12,131
Appropriation of the result
Profit (loss) to be appropriated9906€12,131
Transfer to equity691/2€10,465
To other reserves6921€10,465
Profit to be distributed694/7€1,666
Return on contributions (dividend)694€1,666

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Gross operating margin9900€15,279
Operating profit (loss)9901€15,279
Financial charges65/66B€8
Recurring financial charges65€8
Profit (loss) for the period before taxes9903€15,271
Income taxes67/77€3,140
Profit (loss) for the period9904€12,131
Profit (loss) for the period to be appropriated9905€12,131
Line2025
Assets
Total assets20/58€25,994
Current assets29/58€25,994
Amounts receivable within one year40/41€12,012
Trade receivables40€12,012
Cash at bank and in hand54/58€13,902
Deferred charges and accrued income490/1€80
Equity and liabilities
Total equity and liabilities10/49€25,994
Equity10/15€11,465
Contributions10/11€1,000
Reserves13€10,465
Distributable reserves133€10,465
Profit (loss) carried forward14€0
Amounts payable17/49€14,529
Amounts payable within one year42/48€14,529
Trade debts44€5,011
Suppliers440/4€5,011
Taxes, remuneration and social security45€6,767
Taxes450/3€6,767
Other amounts payable47/48€2,752
Line2025
Profit (loss) for the period9904€12,131
Operating cash flow (approximation)€12,131

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Public contracts: not fully processed yet. The notices from August 2026 to September 2026 are still being read.