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 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 6.4 to 5.2.
Financials
Financial year 2025
Legerstock De Wulf from Deinze, company number BE0446306007, closed financial year 2025 with a result of € 1,565 after tax. For that financial year Legerstock De Wulf recorded a gross margin of € 473,995 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 1,223 to € 1,565. 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 28, 2025.
€ 1.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,565
▲ 28% vs 2024
Profit after tax over the fiscal year.
€ 46,768
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 285,764.
People and assets in 2025
5.2
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 296,574
▼ 6% vs 2024
€ 57,000 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.
€ 73,550
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 591,551
▼ 9% vs 2024
€ 105,141 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 277,774
▲ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 56,720
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 486,955 | € 453,996 | € 508,432 | € 473,995 | ▼ 7% |
| Profit after taxes | € 44,222 | € 7,555 | € 1,223 | € 1,565 | ▲ 28% |
| Equity | € 1,856,410 | € 1,863,966 | € 1,865,188 | € 1,866,753 | |
| Total debts | € 907,674 | € 967,688 | € 949,533 | € 1,002,229 | ▲ 6% |
| Cash | € 47,777 | € 23,998 | € 54,463 | € 46,768 | ▼ 14% |
| Land & buildings | € 1,416,723 | € 1,341,771 | € 1,278,092 | € 1,212,737 | ▼ 5% |
| Retained profit | € 275,421 | € 282,977 | € 284,199 | € 285,764 | ▲ 1% |
| Bank debt | € 645,103 | € 755,528 | € 650,601 | € 591,551 | ▼ 9% |
| Balance sheet total | € 2,764,085 | € 2,831,654 | € 2,814,721 | € 2,868,982 | ▲ 2% |
| Employees (FTE) | 9.1 | 6.4 | 6.1 | 5.2 | ▼ 0.9 |
Key figures of Legerstock De Wulf, 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 October 2026.
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 2025: profit of € 1,565 (▲ 28% vs 2024). 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 € 44,222 profit in 2022 to € 1,565 profit in 2025.
Paid € 15,792 in corporate taxes since 2022.
Best year ever: 2022, with € 44,222 profit.
On average € 91,200 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Legerstock De Wulf is De Heilige Gheest CommV.
Directors
According to the 2025 annual accounts
Director · represented by Dominique DE GHEEST
since 2019
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)