ACTIVE

DEWULF

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Financial year 2025 · closed on 30/11/2025

Net result

6,3 k €

+8.7% YoY

Gross margin

21,7 k €

-5.8% YoY

Equity

115,3 k €

+5.8% YoY

What does DEWULF do?

DEWULF is a Private limited company incorporated in 2013. Its registered office is in Zedelgem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0536.696.248

Incorporation

15/07/2013

Legal form

Private limited company

Registered office

Zangersbos 14
8211 Zedelgem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/11/2025

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014
Income statement
Gross margin	21,7 k €	-5.8%	23,1 k €	-47.8%	44,2 k €	+15.9%	38,1 k €	+69.3%	22,5 k €	-59.3%	55,3 k €	-76.4%	233,9 k €	+17.1%	199,8 k €	-23.8%	262 k €	+148%	105,5 k €	+26.1%	83,6 k €
EBITDA	20,4 k €	-7.4%	22 k €	-48.8%	43 k €	+22.6%	35,1 k €	+123%	15,8 k €	-66.1%	46,5 k €	-64.6%	131,1 k €	-13.3%	151,3 k €	-35.7%	235,4 k €	+296%	59,5 k €	-0.5%	59,7 k €
Operating result	20,4 k €	-7.4%	22 k €	-44.9%	40 k €	+76.4%	22,7 k €	+852%	2,4 k €	-84.0%	14,9 k €	-76.5%	63,3 k €	+393%	12,8 k €	+771%	-1,9 k €	-123%	8,4 k €	-48.6%	16,3 k €
Net result	6,3 k €	+8.7%	5,8 k €	-72.5%	21,1 k €	+44.7%	14,6 k €	+440%	-4,3 k €	-150%	8,5 k €	-73.4%	32 k €	+1315%	-2,6 k €	-34.4%	-2 k €	-146%	4,3 k €	-66.5%	12,9 k €
Balance sheet
Equity	115,3 k €	+5.8%	108,9 k €	+5.6%	103,1 k €	+25.7%	82 k €	+21.6%	67,4 k €	-6.0%	71,7 k €	+13.5%	63,2 k €	+103%	31,2 k €	-7.8%	33,8 k €	-28.3%	47,1 k €	-0.5%	47,4 k €
Total assets	1,2 M €	-1.0%	1,2 M €	+12.0%	1,1 M €	-3.5%	1,1 M €	+1.0%	1,1 M €	-7.1%	1,2 M €	-23.1%	1,5 M €	-14.2%	1,8 M €	+5.3%	1,7 M €	+489%	285,4 k €	+22.2%	233,5 k €
Cash	1,7 k €	-77.1%	7,5 k €	-18.5%	9,2 k €	+66.0%	5,6 k €	+771%	637,4 €	-88.8%	5,7 k €	-71.1%	19,6 k €	-47.2%	37,2 k €	+38.9%	26,8 k €	+22.4%	21,9 k €	-50.3%	44,1 k €
Debts	1 M €	-1.5%	1,1 M €	+12.5%	947,8 k €	-6.7%	1 M €	-0.4%	1 M €	-7.1%	1,1 M €	-24.6%	1,5 M €	-16.3%	1,7 M €	+5.6%	1,6 M €	+594%	237,5 k €	+27.9%	185,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		1,2 ETP	+200%	0,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/11/2025 · 4 active · 10 ended

Active mandates

Christine Willems

Director · since 02 janvier 2016

Active

Jeffrey Dewulf

Director · since 01 avril 2014

Active

Nigel Dewulf

Director · since 02 janvier 2014

Active

Dewulf Luc

Director · since 10 juillet 2013 · 0807.291.903

Represented by Dewulf Luc

Active

Ended mandates

Christine Willems

Manager · since 02 janvier 2016

Ended

Jeffrey Dewulf

Manager · since 01 avril 2014

Ended

Nigel Dewulf

Manager · since 02 janvier 2014

Ended

Dewulf Luc

Director · since 10 juillet 2013 · 0807.291.903

Represented by Dewulf Luc

Ended

At this address

Other companies at this address

Company	CBE no.
OTTOMAXX● Active	0687.569.256
RECAR● Active	0454.861.110

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/12/2024	01/12/2023	01/12/2022	01/12/2021	01/12/2020	01/12/2019
Closing of the financial year	30/11/2025	30/11/2024	30/11/2023	30/11/2022	30/11/2021	30/11/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/05/2026	26/06/2025	20/06/2024	31/05/2023	28/06/2022	28/05/2021
General meeting	15/05/2026	16/05/2025	17/05/2024	19/05/2023	20/05/2022	21/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/11/2025	15/05/2026	27/05/2026	Dutch	PDF
Micro model	30/11/2024	16/05/2025	26/06/2025	Dutch	PDF
Micro model	30/11/2023	17/05/2024	20/06/2024	Dutch	PDF
Micro model	30/11/2022	19/05/2023	31/05/2023	Dutch	PDF
Micro model	30/11/2021	20/05/2022	28/06/2022	Dutch	PDF
Micro model	30/11/2020	21/05/2021	28/05/2021	Dutch	PDF
Micro model	30/11/2019	16/05/2020	25/06/2020	Dutch	PDF
Micro model	30/11/2018	17/05/2019	27/06/2019	Dutch	PDF
Micro model	30/11/2017	18/05/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	20/07/2015	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/11/2025 · 4 active · 10 ended

Active mandates

Christine Willems

Director · since 02 janvier 2016

Active

Jeffrey Dewulf

Director · since 01 avril 2014

Active

Nigel Dewulf

Director · since 02 janvier 2014

Active

Dewulf Luc

Director · since 10 juillet 2013 · 0807.291.903

Represented by Dewulf Luc

Active

Ended mandates

Christine Willems

Manager · since 02 janvier 2016

Ended

Jeffrey Dewulf

Manager · since 01 avril 2014

Ended

Nigel Dewulf

Manager · since 02 janvier 2014

Ended

Dewulf Luc

Director · since 10 juillet 2013 · 0807.291.903

Represented by Dewulf Luc

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Registered office01/02/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/01/2017
ONTSLAGEN - BENOEMINGEN - BOEKJAAR
PDF
Mandates02/02/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/05/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/02/2014
ONTSLAGEN - BENOEMINGEN
PDF
Other17/07/2013
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20256,3 k €↑
2024
Annual accounts 20245,8 k €↓
2023
Annual accounts 202321,1 k €↑
2023
Name changeDewulf
2022
Annual accounts 202214,6 k €↑
2021
Annual accounts 2021-4,3 k €↓
2021
Name changeLAKKERIJ DEWULF
2020
Annual accounts 20208,5 k €↓
2019
Annual accounts 201932 k €↑
2018
Annual accounts 2018-2,6 k €↓
2017
Annual accounts 2017-2 k €↓
2015
Annual accounts 20154,3 k €↓
2014
Annual accounts 201412,9 k €
15/07/2013
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

DEWULF

Overview

What does DEWULF do?

Trend over 11 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline