Financials
Financial year 2026
WULLEN from Alveringem, company number BE0421585358, closed financial year 2026 with a result of € 113,572 after tax. For that financial year WULLEN recorded a gross margin of € 1.8 million and equity of € 1.9 million. Compared with financial year 2025, the result moved from € 471,398 to € 113,572. The company is profitable. 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 October 7, 2026.
€ 1.9 million
▼ 7% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 113,572
▼ 76% vs 2025
Profit after tax over the fiscal year.
€ 1.8 million
▲ 38% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 250,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
9.5
▼ 2.7 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 487,451
▼ 20% vs 2025
€ 51,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 50,567
▲ 63% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.2 million
▼ 26% vs 2025
€ 652,142 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 182,455
▼ 58% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 7,793
▼ 87% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,264,877 | € 1,786,530 | € 2,004,060 | € 1,778,552 | ▼ 11% |
| Profit after taxes | € -315,367 | € 302,355 | € 471,398 | € 113,572 | ▼ 76% |
| Equity | € 1,556,196 | € 1,858,551 | € 2,079,950 | € 1,943,522 | ▼ 7% |
| Total debts | € 2,288,865 | € 1,901,619 | € 2,628,604 | € 2,309,110 | ▼ 12% |
| Cash | € 617,696 | € 805,031 | € 1,314,454 | € 1,813,476 | ▲ 38% |
| Land & buildings | € 350,609 | € 270,669 | € 252,337 | € 219,456 | ▼ 13% |
| Retained profit | € 1,531,196 | € 1,833,551 | € 2,054,950 | € 1,918,522 | ▼ 7% |
| Dividend | € 0 | € 0 | € 250,000 | € 250,000 | |
| Bank debt | € 1,782,986 | € 1,497,567 | € 1,677,807 | € 1,246,174 | ▼ 26% |
| Balance sheet total | € 3,879,989 | € 3,791,424 | € 4,781,778 | € 4,339,069 | ▼ 9% |
| Employees (FTE) | 12 | 10.4 | 12.2 | 9.5 | ▼ 2.7 |
Key figures of WULLEN, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to WULLEN?
What happened at WULLEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 113,572 (▼ 76% vs 2025). Source: NBB ↗
- Annelies Wullen became a director. NBB
- Veban Invest BV became a director. NBB
- Marc Wullen became a director. NBB
- Rita Vandenbussche became a director. NBB
- New establishment in Alveringem. KBO
- Start of the company according to the CBE. KBO
In short
From € 315,367 loss in 2023 to € 113,572 profit in 2026.
Paid € 46,707 in corporate taxes since 2023.
Best year ever: 2025, with € 471,398 profit.
On average € 187,200 of value added per employee in 2026.
Management
The stake of VEBAN INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WULLENBehind WULLEN are Annelies Wullen, Veban Invest BV, Marc Wullen and Rita Vandenbussche. The shares are held by VEBAN INVEST (99.2%).
Directors
According to the 2026 annual accounts
since 2013
Director · represented by Bart Decorte
since 2013
since 2013
since 2013
Shareholders
99.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lostraat 15 box B
8691 Alveringem
Lostraat 15 box b
8691 Alveringem
Active since 1 June 1981
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0421.585.358
- VAT number
- BE 0421.585.358
- Registered office
- Lostraat 15 bus B, 8691 Alveringem
- Names & denominations
- WULLEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 1981
- Peppol
- Active · Active since 15 May 2025
- Activities · NACE
Ondersteunende activiteiten in verband met de teelt van gewassen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken