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WULL.CO

Active
Private limited companyfounded 20224 yrs activeMarcel en Robert Maassquare 17, 1630 Linkebeek, BelgiumKBO/BCE: BE 0781.440.116
Summary

WULL.CO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,095 and a net result of €98,505. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 32023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency35▼-65
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.02 against 21.15 in 2024; short-term debt: 90.3% and cash: 85.3% of total assets), and 90.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
9.7%
Return on assets
31.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 32023 sector peers (2025).
NBB · sector comparison
Position among 32023 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 4 filings
Deviation from the deadline
2025
27 d late
2024
7 d early
2023
27 d late
2022
52 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

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. Usually files around 10 August (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 February 2022, WULL.CO was incorporated as a Private limited company.1 Total assets went from EUR 92,250 in 2022 to EUR 310,429 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€30,095▼ 87.1%
2024 · €233,590
Total assets
€310,429▲ 26.8%
2024 · €244,780
Net result
€98,505▲ 8.8%
2024 · €90,571
Working capital
€4,362▼ 98.1%
2024 · €225,444
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result€79,931-€102,060▲ 27.7%€116,413▲ 14.1%€127,163▲ 9.2%
Net result€62,548above the sector's middle half-€79,471above the sector's middle half▲ 27.1%€90,571above the sector's middle half▲ 14.0%€98,505above the sector's middle half▲ 8.8%
Equity€63,548within the sector's middle half-€143,019within the sector's middle half▲ 125%€233,590within the sector's middle half▲ 63.3%€30,095within the sector's middle half▼ 87.1%
Total assets€92,250within the sector's middle half-€174,367within the sector's middle half▲ 89.0%€244,780within the sector's middle half▲ 40.4%€310,429within the sector's middle half▲ 26.8%
Debt€28,703-€31,348▲ 9.2%€11,191▼ 64.3%€280,334▲ 2,405%
Working capital€61,726within the sector's middle half-€138,325above the sector's middle half▲ 124%€225,444above the sector's middle half▲ 63.0%€4,362within the sector's middle half▼ 98.1%
Solvency68.9%within the sector's middle half-82.0%above the sector's middle half▲ 13.1pp95.4%above the sector's middle half▲ 13.4pp9.7%below the sector's middle half▼ 85.7pp
Current ratio3.17within the sector's middle half-5.42above the sector's middle half▲ 2.2521.15above the sector's middle half▲ 15.731.02within the sector's middle half▼ 20.13
Return on assets (ROA)67.8%above the sector's middle half-45.6%above the sector's middle half▼ 22.2pp37.0%above the sector's middle half▼ 8.6pp31.7%within the sector's middle half▼ 5.3pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2022: €79,931€79,931Net result 2022: €62,548€62,548Operating result 2023: €102,060€102,060Net result 2023: €79,471€79,471Operating result 2024: €116,413€116,413Net result 2024: €90,571€90,571Operating result 2025: €127,163€127,163Net result 2025: €98,505€98,5052022202320242025€0€50,000€100,000€150,000Operating result 2023: €102,060€102,000Net result 2023: €79,471€79,500Operating result 2024: €116,413€116,000Net result 2024: €90,571€90,600Operating result 2025: €127,163€127,000Net result 2025: €98,505€98,500202320242025
The operating result has risen three years in a row; 2025 is 9% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €310,429
Fixed assets €25,733 ▲ 216%
Current assets €284,696 ▲ 20.3%
Equity and liabilities €310,429
Equity €30,095 ▼ 87.1%
Debt €280,334 ▲ 2,405%
Debt's share of the balance-sheet total rises from 4.6% to 90.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€129,576▲
2024 · €118,077
Cash flow
€100,918▲
2024 · €92,235
Debt to equity
9.31▲
2024 · 0.05
ROE
327.3%▲
2024 · 38.8%
Interest coverage
141.70▲
2024 · 125.33
Debt ≤ 1 year
€280,334▲
2024 · €11,191
Income taxes
€27,748▲
2024 · €24,900
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
3.0% went bankrupt
2.8% stopped otherwise
94% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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 2,157 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 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€244,780€310,429▲
Fixed assets21/28€8,146€25,733▲
Intangible fixed assets21€4,773€3,649▼
Tangible fixed assets22/27€3,373€2,084▼
Furniture and vehicles24€2,255€1,441▼
Other tangible fixed assets26€1,118€643▼
Financial fixed assets28-€20,000
Current assets29/58€236,635€284,696▲
Amounts receivable within one year40/41€37,917€17,752▼
Trade receivables40€17,305€15,401▼
Other amounts receivable41€20,611€2,352▼
Cash at bank and in hand54/58€198,216€264,821▲
Deferred charges and accrued income490/1€502€2,123▲
Equity and liabilities
Total equity and liabilities10/49€244,780€310,429▲
Equity10/15€233,590€30,095▼
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€232,590€29,095▼
Amounts payable17/49€11,191€280,334▲
Amounts payable within one year42/48€11,191€280,334▲
Trade debts44€393€1,545▲
Suppliers440/4€393€1,545▲
Taxes, remuneration and social security45€8,635€9,427▲
Taxes450/3€8,635€9,427▲
Other amounts payable47/48€2,163€269,363▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,664€2,413▲
Other operating charges640/8€192€400▲
Gross operating margin9900€118,269€129,976▲
Operating profit (loss)9901€116,413€127,163▲
Financial income75/76B-€5
Recurring financial income75-€5
Financial charges65/66B€942€914▼
Recurring financial charges65€942€914▼
Profit (loss) for the period before taxes9903€115,471€126,254▲
Income taxes67/77€24,900€27,748▲
Profit (loss) for the period9904€90,571€98,505▲
Profit (loss) for the period to be appropriated9905€90,571€98,505▲
Appropriation of the result
Profit (loss) to be appropriated9906€232,590€331,095▲
Profit (loss) brought forward from the previous period14P€142,019€232,590▲
Profit to be distributed694/7-€302,000
Return on contributions (dividend)694-€302,000

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€307€721€1,664€2,413▲ 45.0%
Other operating charges640/8€50€40€192€400▲ 108%
Gross operating margin9900€80,288€102,821€118,269€129,976▲ 9.9%
Operating profit (loss)9901€79,931€102,060€116,413€127,163▲ 9.2%
Financial income75/76B---€5-
Recurring financial income75---€5-
Financial charges65/66B€1,079€1,100€942€914▼ 2.9%
Recurring financial charges65€1,079€1,100€942€914▼ 2.9%
Profit (loss) for the period before taxes9903€78,853€100,960€115,471€126,254▲ 9.3%
Income taxes67/77€16,305€21,489€24,900€27,748▲ 11.4%
Profit (loss) for the period9904€62,548€79,471€90,571€98,505▲ 8.8%
Profit (loss) for the period to be appropriated9905€62,548€79,471€90,571€98,505▲ 8.8%
Line2022202320242025Change
Assets
Total assets20/58€92,250€174,367€244,780€310,429▲ 26.8%
Fixed assets21/28€2,069€4,742€8,146€25,733▲ 216%
Intangible fixed assets21-€2,816€4,773€3,649▼ 23.6%
Tangible fixed assets22/27€2,069€1,926€3,373€2,084▼ 38.2%
Furniture and vehicles24-€332€2,255€1,441▼ 36.1%
Other tangible fixed assets26€2,069€1,594€1,118€643▼ 42.5%
Financial fixed assets28---€20,000-
Current assets29/58€90,181€169,625€236,635€284,696▲ 20.3%
Amounts receivable within one year40/41€16,754€5,351€37,917€17,752▼ 53.2%
Trade receivables40€16,754€4,840€17,305€15,401▼ 11.0%
Other amounts receivable41-€511€20,611€2,352▼ 88.6%
Cash at bank and in hand54/58€72,193€163,582€198,216€264,821▲ 33.6%
Deferred charges and accrued income490/1€1,234€691€502€2,123▲ 323%
Equity and liabilities
Total equity and liabilities10/49€92,250€174,367€244,780€310,429▲ 26.8%
Equity10/15€63,548€143,019€233,590€30,095▼ 87.1%
Contributions10/11€1,000€1,000€1,000€1,000=
Profit (loss) carried forward14€62,548€142,019€232,590€29,095▼ 87.5%
Amounts payable17/49€28,703€31,348€11,191€280,334▲ 2,405%
Amounts payable within one year42/48€28,455€31,300€11,191€280,334▲ 2,405%
Trade debts44€670€2,660€393€1,545▲ 293%
Suppliers440/4€670€2,660€393€1,545▲ 293%
Taxes, remuneration and social security45€25,087€26,190€8,635€9,427▲ 9.2%
Taxes450/3€25,087€26,190€8,635€9,427▲ 9.2%
Other amounts payable47/48€2,698€2,451€2,163€269,363▲ 12,355%
Accrued charges and deferred income492/3€247€48---
Line2022202320242025Change
Profit (loss) for the period9904€62,548€79,471€90,571€98,505▲ 8.8%
+ Depreciation and write-downs630€307€721€1,664€2,413▲ 45.0%
Operating cash flow (approximation)€62,855€80,192€92,235€100,918▲ 9.4%
Investment in fixed assets (approximation)--€3,394-€5,068-€20,000▼ 295%
Change in cash-€91,389€34,634€66,605▲ 92.3%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial Highest result since 2022net €98,505 ▲8.8%
Operating result €127,163, net result €98,505, both a record.
24-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity quadruplescurrent ratio 21.15
Current ratio from 5.42 to 21.15; short-term debt falls from €31,300 to €11,191.
31-12
Financial Equity above €200,000Eq €233,590 ▲63.3%
3 profitable years in a row build equity to €233,590.
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial Equity above €100,000Eq €143,019 ▲125%
2 profitable years in a row build equity to €143,019.
09-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Linkebeek · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
240 m²
Building footprint
24 m²
Volume, LiDAR
9 m³
Parcel 22003A0181/00M000, Flanders · tallest building 3.2 m. Linked by address, not a title deed.
1 establishment unit
WULL.CO
Marcel en Robert Maassquare 17, 1630 LinkebeekReal estate development
since 20222.328.067.504
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22003A0181/00M000 Flanders 240 m² 1 · 24 m² 3.2 m
Linked by address, not proof of ownership
Good to know
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

Of 82,601 companies in this sector we hold annual accounts for 52,629. 34,385 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded01-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0781440116
Also 9925:BE0781440116
Registered 09-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.