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WULFRA

Active
Private limited companyfounded 2019active for 7 yearsKanegemstraat 8, 8700 Tielt, BelgiumKBO/BCE: BE 0717.980.736

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

WULFRA has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,453 and a net result of €79,774. Equity has been growing by about 15% per year since 2019. Its solvency ranks better than 23% of 660 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 11-01-2019 Normal situation
Activity
Manufacture of other builders' carpentry and joinery NACE 16230
Establishment unit
2.285.000.591 8700 Tielt, since 11-01-2019
Financial year end
31 December
Peppol
Reachable since 13-12-2025

Board and ownership

Board
  • WULLAERT FRANKDirector · since 11-01-2019
  • VAN EECKHOUDT ELSDirector

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€127,294
▲ 36.9%
Turnover
≈ €320,000
estimated
Profit
€79,774
▲ 45.5%
Equity
€73,453
▼ 84.9%
Total assets
€643,211
▲ 0.2%
Filed on 29-04-2026, 93 days before the deadlinePDF
Score breakdownraises riskEquity €73,453 (11.4% of total assets)Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)lowers riskSize: total assets €643,211Liquidity: current ratio 1.06, cash €552,465Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 38% of micro companies in wood and cork (NACE 16)
Financial strength · tick: 2024
Average
Solvency 36-64
equity 11.4% of total assets
Liquidity 51-40
short-term debt 88.5% · cash 85.9%
Profitability 84+5
return on assets 12.4%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,032 companies, NACE 16, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%▲ +0.2 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026highest value 07-2026: 0.3%● unchanged vs 06-2026highest value 08-2026: 0.3%● unchanged vs 07-2026highest value 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.2%▼ -0.1 percentage points vs 09-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.06 (3.77 in 2024), below the usual 1.5. Short-term debt is 88.5% and cash 85.9% of total assets. 88.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 (NACE 16, micro). It does better than 21% of them on solvency, 47% on liquidity, 77% on profitability and 5% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €643,211
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €73,453 (11.4% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.06, cash €552,465
NBB · annual accounts
raises risk · Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 660 sector peers (2025).
NBB · sector comparison
Position among 660 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-04-2026, 93 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
93 days early
2024
3 days early
2023
36 days early
2022
on the day
2021
1 day early
2020
14 days late
2019
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2025from €485,679 to €73,453 ▼ 84.9% View
  • Positive: Higher net result than 93% of companies in wood and corksector median €8,992 · 661 companies €79,774 View
  • Positive: 7 profitable years in a rowprofit 2025: €79,774 7 years View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Comparable companies

These companies have the same main activity as WULFRA: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €457,000 and €729,000, founded between 2017 and 2020.

CompanyTotal assetsGross margin
WULFRA Tielt€643,211€127,294
CEDRIC DC Sint-Laureins€728,634€122,503
Claeys Interieur Ingelmunster€513,959€178,685
TBR-PROJECTS Lendelede€476,855€105,341
MAATMEUBELEN KINT Menen€457,292€101,133
Tom Bintein Hooglede€627,303€72,474
CLAUS BINNENSCHRIJNWERK Deinze€569,132€96,911
Full comparison

Documents

Annual accounts at the NBB

All 7 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about WULFRA

What is the company number of WULFRA?
The company number of WULFRA is 0717.980.736. The VAT number is the same number with BE in front: BE 0717.980.736.
Where is WULFRA based?
The registered office is at Kanegemstraat 8, 8700 Tielt.Company details
What does WULFRA do?
According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
What is the legal form of WULFRA?
The legal form of WULFRA is Private limited company (BV).
When was WULFRA founded?
WULFRA was founded on 11-01-2019.
Is WULFRA still active?
Yes, WULFRA is an active enterprise in the KBO register.
What is the turnover of WULFRA?
The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €127,294 and 2,213 comparable companies of the same size. It probably lies between €210,000 and €490,000. It is a rough estimate.Financials
Is WULFRA profitable?
In financial year 2025, WULFRA made a profit of €79,774.
Where can I find the annual accounts of WULFRA?
WULFRA filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of WULFRA due?
WULFRA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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