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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
WULVENNEST from Brugge, company number BE0455237430, closed financial year 2025 with a result of € -104,266 after tax. For that financial year WULVENNEST recorded a gross margin of € 63,409 and equity of € 320,891. Compared with financial year 2024, the result moved from € -7,038 to € -104,266. 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 August 31, 2026.
€ 320,891
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -104,266
▼ 1381 % more loss than in 2024
Profit after tax over the fiscal year.
€ 168,047
▲ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 84,391.
Debts at end 2025
€ 1.5 million
€ 75,222 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 6,778
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 74,603 | € 81,695 | € 49,112 | € 63,409 | ▲ 29% |
| Profit after taxes | € 6,867 | € 9,231 | € -7,038 | € -104,266 | ▼ € 97,227 |
| Equity | € 428,637 | € 435,076 | € 425,157 | € 320,891 | ▼ 25% |
| Total debts | € 392,548 | € 366,724 | € 31,444 | € 1,532,156 | ▲ € 1.5 million |
| Cash | € 402,945 | € 418,163 | € 91,759 | € 168,047 | ▲ 83% |
| Land & buildings | € 409,968 | € 376,847 | € 352,326 | € 1,667,284 | ▲ € 1.3 million |
| Retained profit | € 192,137 | € 198,576 | € 188,657 | € 84,391 | ▼ 55% |
| Dividend | € 2,700 | € 2,793 | € 2,880 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 0 | € 0 | € 1,456,254 | |
| Balance sheet total | € 821,185 | € 801,800 | € 456,601 | € 1,853,047 | ▲ € 1.4 million |
Key figures of WULVENNEST, 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 WULVENNEST?
What happened at WULVENNEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 104,266. filed late Source: NBB ↗
- Xavier Vanneste became a director. NBB
- Anne Vanneste became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,867 profit in 2022 to € 104,266 loss in 2025.
Paid € 17,529 in corporate taxes since 2022.
Best year ever: 2023, with € 9,231 profit.
Paid out € 8,373 in dividends to the owners in total.
Management
The stake of Axessa comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WULVENNESTBehind WULVENNEST are Xavier Vanneste and Anne Vanneste. The shares are held by Axessa (100%).
Directors
According to the 2025 annual accounts
since 2025
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Walplein 26
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →VERONIQUE MAES EN CIE
€ 168,207 gross margin · 2025
Axessa same network
€ 1.3 million gross margin · 2025
H.M. Group
€ 266,336 gross margin · 2025
Paula same network
€ 54,768 gross margin · 2025
BROUWERIJ DE HALVE MAAN
€ 20.4 million revenue · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0455.237.430
- VAT number
- BE 0455.237.430
- Registered office
- Walplein 26, 8000 Brugge
- Names & denominations
- WULVENNEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 May 1995
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
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