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DEWULF

Active
Private limited companyfounded 198541 yrs activeVliekaertstraat 5, 8810 Lichtervelde, BelgiumKBO/BCE: BE 0427.433.468
Summary

DEWULF has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €373k and a net result of €4k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 95% of 1747 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability74▲+1
Solvency100=
Growth60▲+14
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 18.91 against 12.83 in 2024; short-term debt: 3.6% and cash: 2.2% of total assets), and 3.6% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 41 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
96.4%
Return on assets
1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
1 d early
2023
8 d early
2022
10 d early
2021
19 d late
2020
1 d early
2019
23 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover
€121k▼ 19.3%
2024 · €150k
2018: €149k 2019: €162k▲ +9.1% vs 2018 2020: €138k▼ -14.8% vs 2019 2021: €104k▼ -25.0% vs 2020lowest value 2022: €170k▲ +64.1% vs 2021highest value 2024: €150k 2025: €121k▼ -19.3% vs 2024
2018 → 2025
EBIT margin
2.0%▲ 2.3pp
2024 · -0.3%
2018: 0.5% 2019: 1.2%▲ +152% vs 2018 2020: 2.5%▲ +106% vs 2019 2021: 4.4%▲ +79.8% vs 2020highest value 2022: -0.1%▼ -102% vs 2021 2024: -0.3%lowest value 2025: 2.0%▲ +874% vs 2024
2018 → 2025
Net result
€4k▲ 139%
2024 · €2k
2018: €2k 2019: €4k▲ +75.4% vs 2018 2020: €5k▲ +40.0% vs 2019 2021: €5k▲ +1.0% vs 2020 2022: €1k▼ -77.6% vs 2021lowest in 8 years 2023: €6k▲ +402% vs 2022highest in 8 years 2024: €2k▼ -70.0% vs 2023 2025: €4k▲ +139% vs 2024
2018 → 2025
Working capital
€252k▲ 7.7%
2024 · €234k
2018: €115klowest in 8 years 2019: €119k▲ +4.0% vs 2018 2020: €152k▲ +27.9% vs 2019 2021: €165k▲ +8.4% vs 2020 2022: €185k▲ +11.9% vs 2021 2023: €212k▲ +14.7% vs 2022 2024: €234k▲ +10.2% vs 2023 2025: €252k▲ +7.7% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€104k-€170k▲ 64.1%€150k€121k▼ 19.3% 2021: €104klowest value 2022: €170k▲ +64.1% vs 2021highest value 2024: €150k 2025: €121k▼ -19.3% vs 2024
Equity€361k-€362k▲ 0.3%€367k▲ 1.5%€369k▲ 0.5%€373k▲ 1.1% 2021: €361klowest in 5 years 2022: €362k▲ +0.3% vs 2021 2023: €367k▲ +1.5% vs 2022 2024: €369k▲ +0.5% vs 2023 2025: €373k▲ +1.1% vs 2024highest in 5 years
Operating result€5k-€-177€5k€-391€2k 2021: €5k 2022: €-177▼ -104% vs 2021 2023: €5k▲ +3198% vs 2022highest in 5 years 2024: €-391▼ -107% vs 2023lowest in 5 years 2025: €2k▲ +724% vs 2024
Net result€5k-€1k▼ 77.6%€6k▲ 402%€2k▼ 70.0%€4k▲ 139% 2021: €5k 2022: €1k▼ -77.6% vs 2021lowest in 5 years 2023: €6k▲ +402% vs 2022highest in 5 years 2024: €2k▼ -70.0% vs 2023 2025: €4k▲ +139% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-2k€0€2k€4k€6kOperating result 2021: €5k€5kNet result 2021: €5k€5kOperating result 2022: €-177€-177Net result 2022: €1k€1kOperating result 2023: €5k€5kNet result 2023: €6k€6kOperating result 2024: €-391€-391Net result 2024: €2k€2kOperating result 2025: €2k€2kNet result 2025: €4k€4k20212022202320242025€-2k€0€2k€4k€6kOperating result 2023: €5k€5.5kNet result 2023: €6k€5.6kOperating result 2024: €-391€-391Net result 2024: €2k€1.7kOperating result 2025: €2k€2.4kNet result 2025: €4k€4k202320242025
The operating result returns to profit in 2025: €2k after a loss of €391 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €387k
Fixed assets €121k ▼ 10.4%
Current assets €266k ▲ 4.9%
Equity and liabilities €387k
Equity €373k ▲ 1.1%
Debt €14k ▼ 28.8%
Debt's share of the balance-sheet total falls from 5.1% to 3.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€19k▼
2024 · €23k
Cash flow
€20k▼
2024 · €25k
Current ratio
18.91▲
2024 · 12.83
Debt to equity
0.04▼
2024 · 0.05
ROE
1.1%▲
2024 · 0.5%
ROA
1.0%▲
2024 · 0.4%
Interest coverage
675.18▼
2024 · 961.60
Debt ≤ 1 year
€14k▼
2024 · €20k
Income taxes
€2k▲
2024 · €1k
Staff costs
€2k▼
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€389k€387k▼
Fixed assets21/28€135k€121k▼
Tangible fixed assets22/27€135k€121k▼
Land and buildings22€80k€75k▼
Plant, machinery and equipment23€55k€47k▼
Current assets29/58€253k€266k▲
Amounts receivable within one year40/41€250k€256k▲
Trade receivables40€16k€16k▼
Other amounts receivable41€234k€240k▲
Cash at bank and in hand54/58€2k€9k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€389k€387k▼
Equity10/15€369k€373k▲
Contributions10/11€298k€298k=
Reserves13€30k€30k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€42k€46k▲
Amounts payable17/49€20k€14k▼
Amounts payable within one year42/48€20k€14k▼
Trade debts44€17k€11k▼
Suppliers440/4€17k€11k▼
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€1k€2k▲
Remuneration and social security454/9€341-
Other amounts payable47/48€1k€1k=
Income statement Code20242025
Turnover70€150k€121k▼
Goods, raw materials, services and sundry goods60/61€99k€96k▼
Remuneration, social security and pensions62€25k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€16k▼
Other operating charges640/8€8k€9k▲
Gross operating margin9900€56k€30k▼
Operating profit (loss)9901€-391€2k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€24€28▲
Recurring financial charges65€24€28▲
Profit (loss) for the period before taxes9903€3k€6k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€2k€4k▲
Profit (loss) for the period to be appropriated9905€2k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€42k€46k▲
Profit (loss) brought forward from the previous period14P€40k€42k▲
Social balance
Average headcount (FTE)90870.30.1▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Turnover70€104k€170k-€150k€121k▼ 19.3%
Goods, raw materials, services and sundry goods60/61€55k€83k-€99k€96k▼ 3.8%
Remuneration, social security and pensions62€3k€50k€56k€25k€2k▼ 91.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€43k€29k€23k€16k▼ 29.0%
Other operating charges640/8€7k€7k€8k€8k€9k▲ 8.4%
Gross operating margin9900€54k€99k€99k€56k€30k▼ 46.9%
Operating profit (loss)9901€5k€-177€5k€-391€2k▲ 724%
Financial income75/76B€3k€3k€3k€3k€4k▲ 10.9%
Recurring financial income75€3k€3k€3k€3k€4k▲ 10.9%
Financial charges65/66B€21€23€24€24€28▲ 18.1%
Recurring financial charges65€21€23€24€24€28▲ 18.1%
Profit (loss) for the period before taxes9903€7k€2k€9k€3k€6k▲ 111%
Income taxes67/77€2k€1k€3k€1k€2k▲ 71.7%
Profit (loss) for the period9904€5k€1k€6k€2k€4k▲ 139%
Profit (loss) for the period to be appropriated9905€5k€1k€6k€2k€4k▲ 139%
Line20212022202320242025Change
Assets
Total assets20/58€382k€393k€394k€389k€387k▼ 0.4%
Fixed assets21/28€195k€177k€155k€135k€121k▼ 10.4%
Tangible fixed assets22/27€195k€177k€155k€135k€121k▼ 10.4%
Land and buildings22€96k€91k€85k€80k€75k▼ 6.8%
Plant, machinery and equipment23€99k€86k€70k€55k€47k▼ 15.6%
Current assets29/58€186k€216k€239k€253k€266k▲ 4.9%
Amounts receivable within one year40/41€184k€213k€236k€250k€256k▲ 2.2%
Trade receivables40€5k€38k€7k€16k€16k▼ 1.6%
Other amounts receivable41€178k€175k€228k€234k€240k▲ 2.4%
Cash at bank and in hand54/58€1k€2k€1k€2k€9k▲ 378%
Deferred charges and accrued income490/1€1k€1k€1k€2k€2k▲ 3.1%
Equity and liabilities
Total equity and liabilities10/49€382k€393k€394k€389k€387k▼ 0.4%
Equity10/15€361k€362k€367k€369k€373k▲ 1.1%
Contributions10/11€298k€298k€298k€298k€298k=
Reserves13€30k€30k€30k€30k€30k=
Non-distributable reserves130/1€30k€30k----
Reserves not available under the articles1311€30k€30k----
Distributable reserves133--€30k€30k€30k=
Profit (loss) carried forward14€33k€35k€40k€42k€46k▲ 9.6%
Amounts payable17/49€21k€31k€26k€20k€14k▼ 28.8%
Amounts payable within one year42/48€21k€31k€26k€20k€14k▼ 28.8%
Trade debts44€18k€22k€15k€17k€11k▼ 36.1%
Suppliers440/4€18k€22k€15k€17k€11k▼ 36.1%
Taxes, remuneration and social security45€2k€9k€10k€2k€2k▲ 33.5%
Taxes450/3€2k€2k€3k€1k€2k▲ 71.7%
Remuneration and social security454/9-€7k€7k€341--
Other amounts payable47/48€900€900€1k€1k€1k=
Line20212022202320242025Change
Profit (loss) for the period9904€5k€1k€6k€2k€4k▲ 139%
+ Depreciation and write-downs630€40k€43k€29k€23k€16k▼ 29.0%
Operating cash flow (approximation)€45k€44k€35k€25k€20k▼ 17.7%
Investment in fixed assets (approximation)-€-24k€-8k€-3k€-2k▲ 25.7%
Change in cash-€125€-274€487€7k▲ 1,312%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
27-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
19-03
State Gazette act Resignation: Stefaan Lambrecht (director)
Appointments: Joris Brams (director) and Danagro (director) · Permanent representatives: Joris Brams and Stefaan Lambrecht · Power of attorney9 facts ▸
  • General meeting, 02/02/2026
  • Board meeting, 02/02/2026
  • Director resignation, Stefaan Lambrecht (director)
  • Director appointment, Joris Brams (director)
  • Director appointment, Danagro (director)
  • Permanent representative, Joris Brams
  • Permanent representative, Stefaan Lambrecht
  • Director appointment, Joris Brams (managing director)
  • Power of attorney, Cazimir
2025
29-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial Highest result since 2018net €6k ▲402%
Operating result €5k, net result €6k, both a record.
20-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial Weakest financial yearnet €1k ▼77.6%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
19-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
2021
29-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial Liquidity doublescurrent ratio 5.57
Current ratio from 2.71 to 5.57; short-term debt falls from €70k to €33k.
07-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-05
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 14 days late
2017
27-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 directors, last change in 2026
DANAGRO
Director · since 02-02-2026 · Private limited company · perm. rep.: Stefaan Lambrecht
Current
JORIS BRAMS
Director · since 02-02-2026 · Private limited company
Current
02-02-2026 DANAGRO: Appointed as Director
02-02-2026 JORIS BRAMS: Appointed as Director
02-02-2026 JORIS BRAMS: Appointed as Managing director
02-02-2026 Stefaan Lambrecht: Resigned as Director
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Lichtervelde · 1 establishment unit since 1985
seat establishment The establishment unit on the map
Ground area
784 m²
Building footprint
162 m²
Volume, LiDAR
651 m³
Parcel 36011D0701/00E000, Flanders · tallest building 5.4 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DEWULF-DEPOORTERE
Vliekaertstraat 5, 8810 LichterveldeNACE 01231
since 19852.028.402.236
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36011D0701/00E000 Flanders 784 m² 1 · 162 m² 5.4 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Connections & network

16 connected companies
Linked via shared directors
't HOOG BEVEREN
Shared corporate director
→
BORNEBEEK
Shared corporate director
→
Danis
Shared corporate director
→
DAVAKO
Shared corporate director
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GROEP DANIS
Shared corporate director
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GROEP DE BRAUWER
Shared corporate director
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Recognitions · licences · registrations

Food safety, FASFC

1 site
Lichtervelde2.028.402.236
1 permission
Toelating · Boerderij - varkens · since 01-01-2006

Similar companies · same sector, comparable size

Of 902 companies in sector 01461 we hold annual accounts for 295. 255 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-06-1985
Fiscal year end30-09
Activities, NACEBEL 2025
01462Crop and animal production, hunting and related service activities
01461Pig breeding farms

Scores and ratios are computed by Checked and are not a credit decision.