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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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DE WOLF from Erpe-Mere, company number BE0441862516, closed financial year 2025 with a result of € 7,972 after tax. For that financial year DE WOLF recorded a gross margin of € 45,493 and equity of € 151,314. Compared with financial year 2024, the result moved from € 3,219 to € 7,972. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 151,314
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,972
▲ 148% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 51,314.
People and assets in 2025
€ 76,745
▲ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 90,098
▼ 47% vs 2024
€ 20,626 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 932
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,559
▼ 10% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 27,151 | € 23,799 | € 35,594 | € 45,493 | ▲ 28% |
| Profit after taxes | € 15,872 | € 16,715 | € 3,219 | € 7,972 | ▲ 148% |
| Equity | € 123,407 | € 140,123 | € 143,342 | € 151,314 | ▲ 6% |
| Total debts | € 167,488 | € 130,192 | € 187,369 | € 191,489 | ▲ 2% |
| Retained profit | € 23,407 | € 40,123 | € 43,342 | € 51,314 | ▲ 18% |
| Bank debt | € 104,029 | € 103,861 | € 170,117 | € 90,098 | ▼ 47% |
| Balance sheet total | € 290,896 | € 270,314 | € 330,710 | € 342,803 | ▲ 4% |
Key figures of DE WOLF, 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 DE WOLF?
What happened at DE WOLF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Geert De Kegel stepped down as director. NBB
- Erna De Wolf stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 7,972 (▲ 148% vs 2024). Source: NBB ↗
- Geert De Kegel became a director. NBB
- Erna De Wolf became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,872 profit in 2022 to € 7,972 profit in 2025.
Paid € 12,020 in corporate taxes since 2022.
Best year ever: 2023, with € 16,715 profit.
Management
Directors
According to the 2025 annual accounts
Geert De Kegel
Director
since 2002 · until 2026
Erna De Wolf
Director
since 2002 · until 2026
Establishments
Establishment units
Physical locations of this company
Gentsesteenweg 301
9420 Erpe-Mere
Wijngaardveld 29
9300 Aalst
Active since 22 November 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.862.516
- VAT number
- BE 0441.862.516
- Registered office
- Gentsesteenweg 301, 9420 Erpe-Mere
- Names & denominations
- DE WOLF
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 1990
- Peppol
- Active · Active since 1 Jul 2024
- Activities · NACE
Vervaardiging van overige machines en apparaten voor algemeen gebruik, neg
Vervaardiging van andere gereedschapswerktuigen, n.e.g.