Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Wolco from Turnhout, company number BE0414622441, closed financial year 2025 with a result of € -16,684 after tax. For that financial year Wolco recorded a gross margin of € 67,651 and equity of € 198,751. Compared with financial year 2024, the result moved from € -30,238 to € -16,684. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 198,751
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,684
▲ 45 % less loss than in 2024
Profit after tax over the fiscal year.
€ 43,195
▲ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 180,159.
People and assets in 2025
€ 56,212
▲ 8% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 29,564
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 265,744
▼ 29% vs 2024
Loans from banks and other lenders, long and short.
€ 51,020
▲ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,305
▼ 45% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 163,807 | € 120,081 | € 43,610 | € 67,651 | ▲ 55% |
| Profit after taxes | € 45,935 | € 11,949 | € -30,238 | € -16,684 | ▲ € 13,554 |
| Equity | € 233,723 | € 245,673 | € 215,434 | € 198,751 | ▼ 8% |
| Total debts | € 530,756 | € 509,579 | € 455,256 | € 359,179 | ▼ 21% |
| Cash | € 34,984 | € 46,258 | € 36,021 | € 43,195 | ▲ 20% |
| Retained profit | € 215,131 | € 227,081 | € 196,842 | € 180,159 | ▼ 8% |
| Bank debt | € 342,759 | € 409,824 | € 373,195 | € 265,744 | ▼ 29% |
| Balance sheet total | € 764,479 | € 755,252 | € 670,691 | € 557,929 | ▼ 17% |
| Employees (FTE) | 1.9 | 0.9 | - | - |
Key figures of Wolco, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Wolco?
What happened at Wolco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,684. Source: NBB ↗
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,935 profit in 2022 to € 16,684 loss in 2025.
Paid € 22,879 in corporate taxes since 2022.
Best year ever: 2022, with € 45,935 profit.
On average € 86,200 of value added per employee in 2022.
Management
Behind Wolco are Ireneusz Bejnarowicz and Bob Lauwers.
Directors
According to the 2025 annual accounts
Ireneusz Bejnarowicz
Director
Bob Lauwers
Director
Establishments
Establishment units
Physical locations of this company
Brugstraat 49 box 4
2300 Turnhout
Brugstraat 49/4
2300 Turnhout
Active since 1 December 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0414.622.441
- VAT number
- BE 0414.622.441
- Registered office
- Brugstraat 49 bus 4, 2300 Turnhout
- Names & denominations
- Wolco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 1974
- Peppol
- Active · Active since 26 Feb 2025
- Activities · NACE
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