Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 54.6 to 46.5.
Financials
Financial year 2025
FOURAGEHANDEL DEWULF JOEL from Ieper, company number BE0424092017, closed financial year 2025 with a result of € -242,110 after tax. For that financial year FOURAGEHANDEL DEWULF JOEL recorded a gross margin of € 4 million and equity of € 764,037. Compared with financial year 2024, the result moved from € 29,050 to € -242,110. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 764,037
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -242,110
▼ still € 29,050 profit in 2024
Profit after tax over the fiscal year.
€ 65,734
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 732,162.
People and assets in 2025
46.5
▼ 4.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.5 million
▼ 2% vs 2024
€ 75,000 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.
€ 1.5 million
▼ 7% vs 2024
Of which on lease € 1.5 million.
Debts at end 2025
€ 1.7 million
▼ 7% vs 2024
€ 647,330 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 512,504
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 435,490
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,062,396 | € 4,306,513 | € 4,367,583 | € 4,036,665 | ▼ 8% |
| Profit after taxes | € 18,507 | € -118,279 | € 29,050 | € -242,110 | ▼ € 271,159 |
| Equity | € 1,095,376 | € 977,097 | € 1,006,147 | € 764,037 | ▼ 24% |
| Total debts | € 2,933,126 | € 3,362,303 | € 2,899,472 | € 2,651,794 | ▼ 9% |
| Cash | € 80,872 | € 108,361 | € 134,826 | € 65,734 | ▼ 51% |
| Land & buildings | € 114,661 | € 92,785 | € 70,909 | € 49,032 | ▼ 31% |
| Retained profit | € 1,063,501 | € 945,222 | € 974,272 | € 732,162 | ▼ 25% |
| Bank debt | € 1,867,972 | € 2,030,336 | € 1,831,267 | € 1,703,800 | ▼ 7% |
| Balance sheet total | € 4,028,502 | € 4,339,400 | € 3,905,619 | € 3,415,831 | ▼ 13% |
| Employees (FTE) | 49.1 | 54.6 | 51.1 | 46.5 | ▼ 4.6 |
Key figures of FOURAGEHANDEL DEWULF JOEL, 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 FOURAGEHANDEL DEWULF JOEL?
What happened at FOURAGEHANDEL DEWULF JOEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 242,110 (▼ € 271,159 vs 2024). Source: NBB ↗
- Koen Dewulf became a director. NBB
- Filip Dewulf became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Ieper. KBO
In short
From € 18,507 profit in 2022 to € 242,110 loss in 2025.
Paid € 26,320 in corporate taxes since 2022.
Best year ever: 2024, with € 29,050 profit.
On average € 86,800 of value added per employee in 2025.
Management
The stake of DEWULF INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FOURAGEHANDEL DEWULF JOELBehind FOURAGEHANDEL DEWULF JOEL are Koen Dewulf and Filip Dewulf. The shares are held by DEWULF INVEST (100%).
Directors
According to the 2025 annual accounts
since 2022
Filip Dewulf
Director
Also active at: DEGOFOUR, DEWULF INVEST, DEWULF SALES & LOGISTICS, Les Hauts Bois
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zwaanhofweg 24
8900 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0424.092.017
- VAT number
- BE 0424.092.017
- Registered office
- Zwaanhofweg 24, 8900 Ieper
- Names & denominations
- FOURAGEHANDEL DEWULF JOEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 1983
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Goederenvervoer over de weg
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Landschapsverzorging
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