Wool & Wire
ActiveSummary
Wool & Wire has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117,658 and a net result of €80,481. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 64% of 18973 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency75▲+31
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 2.68 against 1.12 in 2024; short-term debt: 31.7% and cash: 33.9% of total assets), and 50% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50%
Return on assets
34.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
25 d late
2024
16 d early
2023
30 d late
2022
28 d late
2021
18 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 17 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€117,658▲ 216%
2024 · €37,176
Total assets
€235,097▲ 19.3%
2024 · €197,115
Net result
€80,481
2024 · -€46,451
Working capital
€125,105▲ 624%
2024 · €17,291
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€49,753-€72,415▲ 45.5%-€4,476-€34,439▼ 669%€101,128
Net result€39,177above the sector's middle half-€57,864above the sector's middle half▲ 47.7%-€15,153below the sector's middle half-€46,451below the sector's middle half▼ 207%€80,481above the sector's middle half
Equity€40,917within the sector's middle half-€98,780within the sector's middle half▲ 141%€83,627within the sector's middle half▼ 15.3%€37,176within the sector's middle half▼ 55.5%€117,658within the sector's middle half▲ 216%
Total assets€118,767within the sector's middle half-€143,189within the sector's middle half▲ 20.6%€256,263within the sector's middle half▲ 79.0%€197,115within the sector's middle half▼ 23.1%€235,097within the sector's middle half▲ 19.3%
Debt€77,850-€44,409▼ 43.0%€172,636▲ 289%€159,939▼ 7.4%€117,440▼ 26.6%
Working capital€40,917within the sector's middle half-€88,605above the sector's middle half▲ 117%€102,102above the sector's middle half▲ 15.2%€17,291within the sector's middle half▼ 83.1%€125,105above the sector's middle half▲ 624%
Solvency34.5%within the sector's middle half-69.0%above the sector's middle half▲ 34.5pp32.6%within the sector's middle half▼ 36.4pp18.9%within the sector's middle half▼ 13.8pp50.0%within the sector's middle half▲ 31.2pp
Current ratio1.53within the sector's middle half-3.00above the sector's middle half▲ 1.471.85within the sector's middle half▼ 1.141.12within the sector's middle half▼ 0.732.68within the sector's middle half▲ 1.56
Return on assets (ROA)33.0%above the sector's middle half-40.4%above the sector's middle half▲ 7.4pp-5.9%below the sector's middle half▼ 46.3pp-23.6%below the sector's middle half▼ 17.7pp34.2%above the sector's middle half▲ 57.8pp
Staff (FTE)1.91.9=1.2▼ 36.8%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €101,128 after a loss of €34,439 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €235,097
Fixed assets
€35,489 ▼ 5.4%
Current assets
€199,608 ▲ 25.1%
Equity and liabilities €235,097
Equity
€117,658 ▲ 216%
Debt
€117,440 ▼ 26.6%
Debt's share of the balance-sheet total falls from 81.1% to 50.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€115,744▲
2024 · -€23,835
Cash flow
€95,097▲
2024 · -€35,848
Quick ratio
2.43▲
2024 · 0.80
Debt to equity
1.00▼
2024 · 4.30
ROE
68.4%▲
2024 · -124.9%
Interest coverage
7.48▲
2024 · -1.91
Debt ≤ 1 year
€74,503▼
2024 · €142,318
Income taxes
€6,552▲
2024 · €160
Staff costs
€48,850▼
2024 · €63,254
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €33,671 | €63,254 | €48,850 | ▼ 22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,225 | €650 | €4,337 | €10,603 | €14,615 | ▲ 37.8% |
| Other operating charges640/8 | €563 | €617 | €551 | €1,333 | €519 | ▼ 61.0% |
| Gross operating margin9900 | €51,541 | €73,682 | €34,083 | €40,752 | €165,113 | ▲ 305% |
| Operating profit (loss)9901 | €49,753 | €72,415 | -€4,476 | -€34,439 | €101,128 | ▲ 394% |
| Financial income75/76B | €72 | €434 | €76 | €632 | €1,377 | ▲ 118% |
| Recurring financial income75 | €72 | €434 | €76 | €632 | €1,377 | ▲ 118% |
| Financial charges65/66B | €423 | €433 | €10,753 | €12,484 | €15,472 | ▲ 23.9% |
| Recurring financial charges65 | €423 | €433 | €10,753 | €12,484 | €15,472 | ▲ 23.9% |
| Profit (loss) for the period before taxes9903 | €49,401 | €72,416 | -€15,153 | -€46,291 | €87,034 | ▲ 288% |
| Income taxes67/77 | €10,224 | €14,552 | €0 | €160 | €6,552 | ▲ 3,995% |
| Profit (loss) for the period9904 | €39,177 | €57,864 | -€15,153 | -€46,451 | €80,481 | ▲ 273% |
| Profit (loss) for the period to be appropriated9905 | €39,177 | €57,864 | -€15,153 | -€46,451 | €80,481 | ▲ 273% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €118,767 | €143,189 | €256,263 | €197,115 | €235,097 | ▲ 19.3% |
| Fixed assets21/28 | - | €10,175 | €34,560 | €37,506 | €35,489 | ▼ 5.4% |
| Tangible fixed assets22/27 | - | €3,290 | €27,675 | €30,621 | €28,604 | ▼ 6.6% |
| Plant, machinery and equipment23 | - | - | €3,097 | €2,024 | €8,061 | ▲ 298% |
| Furniture and vehicles24 | - | €3,290 | €7,381 | €14,026 | €9,876 | ▼ 29.6% |
| Other tangible fixed assets26 | - | - | €17,198 | €14,571 | €10,667 | ▼ 26.8% |
| Financial fixed assets28 | - | €6,885 | €6,885 | €6,885 | €6,885 | = |
| Current assets29/58 | €118,767 | €133,015 | €221,704 | €159,609 | €199,608 | ▲ 25.1% |
| Stocks and contracts in progress3 | - | - | €17,665 | €45,104 | €18,287 | ▼ 59.5% |
| Stocks30/36 | - | - | €17,665 | €45,104 | €18,287 | ▼ 59.5% |
| Amounts receivable within one year40/41 | €72,169 | €53,505 | €105,401 | €56,198 | €99,085 | ▲ 76.3% |
| Trade receivables40 | €67,039 | €53,438 | €100,401 | €49,751 | €89,416 | ▲ 79.7% |
| Other amounts receivable41 | €5,131 | €68 | €5,000 | €6,447 | €9,669 | ▲ 50.0% |
| Cash at bank and in hand54/58 | €46,598 | €79,509 | €95,205 | €54,902 | €79,619 | ▲ 45.0% |
| Deferred charges and accrued income490/1 | - | - | €3,432 | €3,405 | €2,617 | ▼ 23.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €118,767 | €143,189 | €256,263 | €197,115 | €235,097 | ▲ 19.3% |
| Equity10/15 | €40,917 | €98,780 | €83,627 | €37,176 | €117,658 | ▲ 216% |
| Contributions10/11 | €750 | €750 | €750 | €750 | €750 | = |
| Reserves13 | - | - | - | - | €116,908 | - |
| Distributable reserves133 | - | - | - | - | €116,908 | - |
| Profit (loss) carried forward14 | €40,167 | €98,030 | €82,877 | €36,426 | €0 | ▼ 100% |
| Amounts payable17/49 | €77,850 | €44,409 | €172,636 | €159,939 | €117,440 | ▼ 26.6% |
| Amounts payable within one year42/48 | €77,850 | €44,409 | €119,602 | €142,318 | €74,503 | ▼ 47.7% |
| Trade debts44 | €46,595 | €7,190 | €77,881 | €84,062 | €14,140 | ▼ 83.2% |
| Suppliers440/4 | €46,595 | €7,190 | €77,881 | €84,062 | €14,140 | ▼ 83.2% |
| Advances received on contracts in progress46 | €5,662 | €4,188 | €0 | - | - | - |
| Taxes, remuneration and social security45 | €22,944 | €32,803 | €39,538 | €24,495 | €56,484 | ▲ 131% |
| Taxes450/3 | €22,944 | €32,803 | €35,039 | €24,494 | €56,160 | ▲ 129% |
| Remuneration and social security454/9 | - | - | €4,500 | €1 | €324 | ▲ 41,932% |
| Other amounts payable47/48 | €2,650 | €229 | €2,183 | €33,761 | €3,880 | ▼ 88.5% |
| Accrued charges and deferred income492/3 | - | - | €53,034 | €17,621 | €42,937 | ▲ 144% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,177 | €57,864 | -€15,153 | -€46,451 | €80,481 | ▲ 273% |
| + Depreciation and write-downs630 | €1,225 | €650 | €4,337 | €10,603 | €14,615 | ▲ 37.8% |
| Operating cash flow (approximation) | €40,402 | €58,514 | -€10,816 | -€35,848 | €95,097 | ▲ 365% |
| Investment in fixed assets (approximation) | - | - | -€28,722 | -€13,550 | -€12,599 | ▲ 7.0% |
| Change in cash | - | €32,912 | €15,696 | -€40,303 | €24,717 | ▲ 161% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-09
State Gazette act
Resignations: Vincent Van Dessel (non-statutory director) and Fedor Govaert (non-statutory director)Appointment: BV ToDone (non-statutory director) · Permanent representative: Fedor Govaert6 facts ▸
State Gazette act
Resignations: Vincent Van Dessel (non-statutory director) and Fedor Govaert (non-statutory director)
Appointment: BV ToDone (non-statutory director) · Permanent representative: Fedor Govaert6 facts ▸
- General meeting, 10-07-2026
- Director resignation, Vincent Van Dessel (non-statutory director)
- Director resignation, Fedor Govaert (non-statutory director)
- Director appointment, BV ToDone (non-statutory director)
- Permanent representative, Fedor Govaert (permanent representative)
- General meeting, verklaart kennis te hebben genomen van en akkoord te gaan met de benoeming door de rechtspersoon BV Todone van Fedor Govaert als zijn vaste vertegenwoordiger
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Back to profitnet €80,481
Net result €80,481 after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.68
Current ratio from 1.12 to 2.68; short-term debt falls from €142,318 to €74,503.
31-12
Financial
Equity above €100,000Eq €117,658 ▲216%
Equity rises from €37,176 to €117,658.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€46,451
Net result drops to -€46,451, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Board 1
BV ToDone
CurrentNon-statutory director · since 10-07-2026 · Legal entity · perm. rep.: Fedor Govaert
Permanent representatives 1
Fedor Govaert
CurrentPermanent representative · since 10-07-2026 · for BV ToDone
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
4 of this company's 5 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, Antwerpen · 1 establishment unit since 2019
Ground area
836 m²
Building footprint
456 m²
Volume, LiDAR
5,226 m³
Parcel 11802B1121/00S000, Flanders · tallest building 18.6 m, ±4 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Mendes Capital
since 20192.293.127.906
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B1121/00S000 | Flanders | 836 m² | 1 · 456 m² | 18.6 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Mandate history
3 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BV ToDone |
|
| Fedor Govaert |
|
| Vincent Van Dessel |
|
Articles of association
Power of attorney
One provision in the deed
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 17,005 EUR awarded · 17,005 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2024 | 1 | 4,500 EUR | 4,500 EUR |
| 2023 | 1 | 6,005 EUR | 6,005 EUR |
| 2022 | 1 | 4,500 EUR | 4,500 EUR |
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Of 12,927 companies in this sector we hold annual accounts for 2,195. 1,497 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded28-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
47530Retail trade
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0732943876
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.