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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
DE WULF SELECTION-PAARDEN from Gavere, company number BE0479024305, closed financial year 2026 with a result of € 50,104 after tax. For that financial year DE WULF SELECTION-PAARDEN recorded a gross margin of € 54,800 and equity of € -40,649. Compared with financial year 2025, the result moved from € -15,278 to € 50,104. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ -40,649
▲ € 50,104 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,104
▲ still € 15,278 loss in 2025
Profit after tax over the fiscal year.
€ 69,311
▲ € 67,392 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 € -59,249.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 617
▼ 60% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 10,986
▲ 4% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -3,833 | € -7,554 | € -10,426 | € 54,800 | ▲ € 65,226 |
| Profit after taxes | € -1,409 | € -11,483 | € -15,278 | € 50,104 | ▲ € 65,382 |
| Equity | € -63,993 | € -75,475 | € -90,753 | € -40,649 | ▲ € 50,104 |
| Total debts | € 106,501 | € 129,637 | € 126,399 | € 140,089 | ▲ 11% |
| Cash | € 14,867 | € 15,554 | € 1,918 | € 69,311 | ▲ € 67,392 |
| Retained profit | € -82,593 | € -94,075 | € -109,353 | € -59,249 | ▲ € 50,104 |
| Balance sheet total | € 42,509 | € 54,161 | € 35,646 | € 99,440 | ▲ 179% |
Key figures of DE WULF SELECTION-PAARDEN, 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 DE WULF SELECTION-PAARDEN?
What happened at DE WULF SELECTION-PAARDEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 50,104. Source: NBB ↗
- Antoon De Wulf became a director. NBB
- New establishment in Gavere. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,409 loss in 2023 to € 50,104 profit in 2026.
Best year ever: 2026, with € 50,104 profit.
Management
Behind DE WULF SELECTION-PAARDEN is Antoon De Wulf.
Directors
According to the 2026 annual accounts
Antoon De Wulf
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Graaf L. de Lichterveldestraat 9
9890 Gavere
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.024.305
- VAT number
- BE 0479.024.305
- Registered office
- Graaf L. de Lichterveldestraat 9, 9890 Gavere
- Names & denominations
- DE WULF SELECTION-PAARDEN · D.W.S.-Paarden
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2002
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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