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 28 % of short-term debt in 2026; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 6.1 to 4.8.
Financials
Financial year 2026
Legerstock De Wulf from Deinze, company number BE0446306007, closed financial year 2026 with a result of € 11,309 after tax. For that financial year Legerstock De Wulf recorded a gross margin of € 532,839 and equity of € 1.9 million. Compared with financial year 2025, the result moved from € 1,565 to € 11,309. 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 October 23, 2026.
€ 1.9 million
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,309
▲ € 9,744 vs 2025
Profit after tax over the fiscal year.
€ 39,254
▼ 16% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 297,073.
People and assets in 2026
4.8
▼ 0.4 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 340,193
▲ 15% vs 2025
€ 70,900 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.
€ 66,353
▼ 10% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 531,778
▼ 10% vs 2025
€ 44,013 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 340,619
▲ 23% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 71,939
▲ 27% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 453,996 | € 508,432 | € 473,995 | € 532,839 | ▲ 12% |
| Profit after taxes | € 7,555 | € 1,223 | € 1,565 | € 11,309 | ▲ € 9,744 |
| Equity | € 1,863,966 | € 1,865,188 | € 1,866,753 | € 1,878,062 | ▲ 1% |
| Total debts | € 967,688 | € 949,533 | € 1,002,229 | € 1,019,068 | ▲ 2% |
| Cash | € 23,998 | € 54,463 | € 46,768 | € 39,254 | ▼ 16% |
| Land & buildings | € 1,341,771 | € 1,278,092 | € 1,212,737 | € 1,147,503 | ▼ 5% |
| Retained profit | € 282,977 | € 284,199 | € 285,764 | € 297,073 | ▲ 4% |
| Bank debt | € 755,528 | € 650,601 | € 591,551 | € 531,778 | ▼ 10% |
| Balance sheet total | € 2,831,654 | € 2,814,721 | € 2,868,982 | € 2,897,131 | ▲ 1% |
| Employees (FTE) | 6.4 | 6.1 | 5.2 | 4.8 | ▼ 0.4 |
Key figures of Legerstock De Wulf, 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 Legerstock De Wulf?
What happened at Legerstock De Wulf in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 11,309 (▲ € 9,744 vs 2025). Source: NBB ↗
- De Heilige Gheest CommV became a director. NBB
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,555 profit in 2023 to € 11,309 profit in 2026.
Paid € 16,956 in corporate taxes since 2023.
Best year ever: 2026, with € 11,309 profit.
On average € 111,000 of value added per employee in 2026.
Management
Behind Legerstock De Wulf is De Heilige Gheest CommV.
Directors
According to the 2026 annual accounts
Managing director · represented by Dominique De Gheest
since 2024
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 185
9800 Deinze
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
- 0446.306.007
- VAT number
- BE 0446.306.007
- Registered office
- Kortrijksesteenweg 185, 9800 Deinze
- Names & denominations
- Legerstock De Wulf
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 1992
- Peppol
- Active · Active since 5 Nov 2025
- Activities · NACE
Overige niet-gespecialiseerde detailhandel
Overige niet-gespecialiseerde detailhandel in winkels (verkoop van overwegend niet-voedingsmiddelen met verkoopsoppervlakte van mind er dan 2.500 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte < 2500 m²)
Reparatie en onderhoud van huishoudapparaten en van werktuigen voor gebruik in huis en tuin
Reparatie en onderhoud van machines
Algemene elektrotechnische installatiewerken
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)