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WULVENNEST

Active
Private limited companyfounded 1995active for 31 yearsWalplein 26, 8000 Brugge, BelgiumKBO/BCE: BE 0455.237.430
Summary

WULVENNEST has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €320,891 and a net result of -€104,266. Equity remains stable across the filed financial years (±0.6% per year). Its solvency ranks better than 36% of 10,991 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
1 site
Size
€1.9mtotal assets 2025
Equity
€320,891
Loss
-€104,266
Turnover not published (abbreviated or micro format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Parent
Axessa · 100%
Accounts filed 31 days late1 of 8 deeds read
Why 69raises risk1 change of registered office in 24 monthsLoss of €104,266, the second in a row (financial year 2025)Latest accounts 31 days late; 1 of the last 3 latelowers riskSize: total assets €1.9mShow the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 45% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Average
Solvency 42-58
equity 17.3% of total assets
Liquidity 61-14
short-term debt 7.6% · cash 9.1%
Profitability 62+9
return on assets -5.6%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,561 companies, NACE 68, micro)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 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%▲ +0.1 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.7%▲ +0.5 percentage points vs 08-2026highest value 10-2026: 0.7%● unchanged vs 09-2026highest value
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.29, compared with 3.93 in 2024; short-term debt: 7.6% and cash: 9.1% of total assets), and 82.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 38% on solvency, 73% on liquidity, 49% on profitability and 19% on growth.

The bankruptcy probability was computed on 11-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €104,266, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Latest accounts 31 days late; 1 of the last 3 late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€104,266
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
43 days early
2023
58 days early
2022
24 days early
2021
89 days early
2020
65 days early
2019
80 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 47 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% 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 18 June (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet -€104,266
  3. Resignations: Bernard VANNESTE, Virginie VANNESTE and…Appointments: Xavier VANNESTE (director) and…

Key points

  • Caution: Result fell in 2025from -€7,038 to -€104,266 ▼ 1,381% View
  • Caution: Among the weakest 10% on net resultsector median €10,300 · 10,981 companies -€104,266 View
  • Controlled by Axessa 100% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€104,266 View

By topic

Financials

Financial year
2025
Total assets
€1.9m
Loss
-€104,266
Solvency
17.3%
Total assets▲ 306%
Net result
20192025
Go to Financials

Board & ownership

Board
2 members
Parent
Axessa · 100%
  • Anne VANNESTEManaging director
  • Xavier VANNESTEManaging director
Go to Board & ownership

Timeline

Events
36
Since
1996
Next accounts
by 31-07-2027
  1. 18-06-2025Annual accounts filed
  2. 31-12-2024Liquidity more than triples
  3. 03-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
15-05-1995
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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