Weldon
ActiveSummary
Weldon has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122k and a net result of €12k. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 43% of 1909 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability62▼-29
Solvency63▼-37
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 4.09 against 4.27 in 2024; short-term debt: 7.4% and cash: 10.7% of total assets), but 61.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
5 d early
2022
19 d early
2021
2 d early
2020
5 d late
2019
6 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€122k▼ 9.8%
2024 · €135k
2019: €41klowest in 7 years
2020: €59k▲ +43.3% vs 2019
2021: €85k▲ +43.8% vs 2020
2022: €86k▲ +0.8% vs 2021
2023: €105k▲ +22.3% vs 2022
2024: €135k▲ +28.4% vs 2023highest in 7 years
2025: €122k▼ -9.8% vs 2024
2019 → 2025
Total assets
€317k▲ 88.2%
2024 · €169k
2019: €58klowest in 7 years
2020: €80k▲ +37.6% vs 2019
2021: €102k▲ +27.1% vs 2020
2022: €119k▲ +17.0% vs 2021
2023: €122k▲ +2.9% vs 2022
2024: €169k▲ +37.9% vs 2023
2025: €317k▲ +88.2% vs 2024highest in 7 years
2019 → 2025
Net result
€12k▼ 58.2%
2024 · €30k
2019: €26k
2020: €18k▼ -30.1% vs 2019
2021: €26k▲ +44.9% vs 2020
2022: €699▼ -97.3% vs 2021lowest in 7 years
2023: €19k▲ +2634% vs 2022
2024: €30k▲ +55.8% vs 2023highest in 7 years
2025: €12k▼ -58.2% vs 2024
2019 → 2025
Working capital
€73k▼ 34.5%
2024 · €111k
2019: €36klowest in 7 years
2020: €56k▲ +56.3% vs 2019
2021: €79k▲ +42.2% vs 2020
2022: €71k▼ -11.1% vs 2021
2023: €86k▲ +21.9% vs 2022
2024: €111k▲ +29.2% vs 2023highest in 7 years
2025: €73k▼ -34.5% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€85k-€86k▲ 0.8%€105k▲ 22.3%€135k▲ 28.4%€122k▼ 9.8%
2021: €85klowest in 5 years
2022: €86k▲ +0.8% vs 2021
2023: €105k▲ +22.3% vs 2022
2024: €135k▲ +28.4% vs 2023highest in 5 years
2025: €122k▼ -9.8% vs 2024
Operating result€37k-€2k▼ 95.3%€28k▲ 1,548%€45k▲ 58.9%€27k▼ 40.2%
2021: €37k
2022: €2k▼ -95.3% vs 2021lowest in 5 years
2023: €28k▲ +1548% vs 2022
2024: €45k▲ +58.9% vs 2023highest in 5 years
2025: €27k▼ -40.2% vs 2024
Net result€26k-€699▼ 97.3%€19k▲ 2,634%€30k▲ 55.8%€12k▼ 58.2%
2021: €26k
2022: €699▼ -97.3% vs 2021lowest in 5 years
2023: €19k▲ +2634% vs 2022
2024: €30k▲ +55.8% vs 2023highest in 5 years
2025: €12k▼ -58.2% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €317k
Fixed assets
€221k ▲ 840%
Current assets
€96k ▼ 33.6%
Equity and liabilities €317k
Equity
€122k ▼ 9.8%
Debt
€196k ▲ 476%
Debt's share of the balance-sheet total rises from 20.1% to 61.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€40k▼
2024 · €49k
Cash flow
€25k▼
2024 · €34k
Current ratio
4.09▼
2024 · 4.27
Quick ratio
4.04▲
2024 · 3.34
Debt to equity
1.61▲
2024 · 0.25
ROE
10.2%▼
2024 · 22.1%
ROA
3.9%▼
2024 · 17.7%
Interest coverage
4.64▼
2024 · 23.52
Debt ≤ 1 year
€24k▼
2024 · €34k
Debt > 1 year
€172k
Income taxes
€6k▼
2024 · €13k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€169k€317k▲
Fixed assets21/28€24k€221k▲
Tangible fixed assets22/27€24k€221k▲
Land and buildings22€4k€203k▲
Plant, machinery and equipment23€14k€12k▼
Furniture and vehicles24€6k€6k▲
Leasing and similar rights25€0-
Current assets29/58€145k€96k▼
Stocks and contracts in progress3€32k€1k▼
Contracts in progress37€32k€1k▼
Amounts receivable within one year40/41€72k€35k▼
Trade receivables40€62k€27k▼
Other amounts receivable41€10k€8k▼
Current investments50/53€20k€24k▲
Cash at bank and in hand54/58€19k€34k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€169k€317k▲
Equity10/15€135k€122k▼
Contributions10/11€7k€7k=
Reserves13€126k€113k▼
Distributable reserves133€126k€113k▼
Profit (loss) carried forward14€2k€2k=
Amounts payable17/49€34k€196k▲
Amounts payable after more than one year17-€172k
Financial debts170/4-€172k
Amounts payable within one year42/48€34k€24k▼
Current portion of amounts payable after more than one year42€2k€10k▲
Trade debts44€32k€6k▼
Suppliers440/4€32k€6k▼
Advances received on contracts in progress46€0€50▲
Taxes, remuneration and social security45€114€122▲
Taxes450/3€114€122▲
Other amounts payable47/48€0€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€13k▲
Other operating charges640/8€10k€2k▼
Gross operating margin9900€59k€41k▼
Operating profit (loss)9901€45k€27k▼
Financial income75/76B€188€164▼
Recurring financial income75€188€164▼
Financial charges65/66B€2k€9k▲
Recurring financial charges65€2k€9k▲
Profit (loss) for the period before taxes9903€43k€18k▼
Income taxes67/77€13k€6k▼
Profit (loss) for the period9904€30k€12k▼
Profit (loss) for the period to be appropriated9905€30k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€15k▼
Profit (loss) brought forward from the previous period14P€2k€2k=
Transfer from equity791/2-€26k
Transfer to equity691/2€30k€12k▼
To other reserves6921€30k€12k▼
Profit to be distributed694/7-€26k
Return on contributions (dividend)694-€26k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €4k | €4k | €13k | ▲ 226% |
| Other operating charges640/8 | - | €945 | €2k | €10k | €2k | ▼ 85.0% |
| Gross operating margin9900 | €40k | €6k | €34k | €59k | €41k | ▼ 30.0% |
| Operating profit (loss)9901 | €37k | €2k | €28k | €45k | €27k | ▼ 40.2% |
| Financial income75/76B | - | €786 | €591 | €188 | €164 | ▼ 12.7% |
| Recurring financial income75 | €97 | €786 | €591 | €188 | €164 | ▼ 12.7% |
| Financial charges65/66B | - | €711 | €795 | €2k | €9k | ▲ 313% |
| Recurring financial charges65 | €961 | €711 | €795 | €2k | €9k | ▲ 313% |
| Profit (loss) for the period before taxes9903 | €36k | €2k | €28k | €43k | €18k | ▼ 57.2% |
| Income taxes67/77 | €10k | €1k | €9k | €13k | €6k | ▼ 55.0% |
| Profit (loss) for the period9904 | €26k | €699 | €19k | €30k | €12k | ▼ 58.2% |
| Profit (loss) for the period to be appropriated9905 | €26k | €699 | €19k | €30k | €12k | ▼ 58.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €102k | €119k | €122k | €169k | €317k | ▲ 88.2% |
| Fixed assets21/28 | €6k | €18k | €19k | €24k | €221k | ▲ 840% |
| Tangible fixed assets22/27 | €6k | €18k | €19k | €24k | €221k | ▲ 840% |
| Land and buildings22 | - | €5k | €4k | €4k | €203k | ▲ 5,425% |
| Plant, machinery and equipment23 | - | €754 | €528 | €14k | €12k | ▼ 14.8% |
| Furniture and vehicles24 | - | €2k | €6k | €6k | €6k | ▲ 12.1% |
| Leasing and similar rights25 | - | €11k | €9k | €0 | - | - |
| Current assets29/58 | €96k | €101k | €103k | €145k | €96k | ▼ 33.6% |
| Stocks and contracts in progress3 | - | €5k | €0 | €32k | €1k | ▼ 96.3% |
| Contracts in progress37 | - | €5k | €0 | €32k | €1k | ▼ 96.3% |
| Amounts receivable within one year40/41 | €47k | €39k | €72k | €72k | €35k | ▼ 51.7% |
| Trade receivables40 | - | €19k | €65k | €62k | €27k | ▼ 56.4% |
| Other amounts receivable41 | - | €21k | €8k | €10k | €8k | ▼ 22.7% |
| Current investments50/53 | - | - | - | €20k | €24k | ▲ 20.2% |
| Cash at bank and in hand54/58 | €47k | €46k | €24k | €19k | €34k | ▲ 78.8% |
| Deferred charges and accrued income490/1 | - | €11k | €7k | €3k | €3k | ▼ 5.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €102k | €119k | €122k | €169k | €317k | ▲ 88.2% |
| Equity10/15 | €85k | €86k | €105k | €135k | €122k | ▼ 9.8% |
| Contributions10/11 | - | €7k | €7k | €7k | €7k | = |
| Reserves13 | €77k | €77k | €96k | €126k | €113k | ▼ 10.4% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €77k | €96k | €126k | €113k | ▼ 10.4% |
| Profit (loss) carried forward14 | €1k | €2k | €2k | €2k | €2k | = |
| Amounts payable17/49 | €17k | €33k | €17k | €34k | €196k | ▲ 476% |
| Amounts payable after more than one year17 | - | €3k | €0 | - | €172k | - |
| Financial debts170/4 | - | €3k | €0 | - | €172k | - |
| Amounts payable within one year42/48 | €17k | €30k | €17k | €34k | €24k | ▼ 30.6% |
| Current portion of amounts payable after more than one year42 | - | €14k | €5k | €2k | €10k | ▲ 552% |
| Trade debts44 | €13k | €14k | €7k | €32k | €6k | ▼ 80.2% |
| Suppliers440/4 | - | €14k | €7k | €32k | €6k | ▼ 80.2% |
| Advances received on contracts in progress46 | - | - | €30 | €0 | €50 | - |
| Taxes, remuneration and social security45 | - | €1k | €5k | €114 | €122 | ▲ 7.0% |
| Taxes450/3 | - | €1k | €5k | €114 | €122 | ▲ 7.0% |
| Other amounts payable47/48 | - | €1k | €57 | €0 | €7k | - |
| Accrued charges and deferred income492/3 | - | €30 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €699 | €19k | €30k | €12k | ▼ 58.2% |
| + Depreciation and write-downs630 | €2k | €3k | €4k | €4k | €13k | ▲ 226% |
| Operating cash flow (approximation) | €28k | €4k | €23k | €34k | €25k | ▼ 24.6% |
| Investment in fixed assets (approximation) | - | €-16k | €-5k | €-9k | €-210k | ▼ 2,328% |
| Change in cash | - | €-1k | €-22k | €-5k | €15k | ▲ 414% |
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
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €30k ▲55.8%
Operating result €45k, net result €30k, both a record.
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €100kEq €105k ▲22.3%
5 profitable years in a row build equity to €105k.
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet €699 ▼97.3%
Net result drops to €699, the lowest in the series; recovery starts the following year.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
05-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
07-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Laarne · 2 establishment units since 2017
Ground area
1,130 m²
Building footprint
209 m²
Volume, LiDAR
1,473 m³
2 parcels, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Weldon / Mercy's
since 20172.266.149.236
Tramstraat(HEU) 36, 9070 Destelbergen
since 20262.393.196.272
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42009B0108/00C000 | Flanders | 915 m² | 1 · 115 m² | 8.8 m · 2 fl. |
| 44028C0161/00L000 | Flanders | 215 m² | 1 · 94 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,040 EUR awarded · 2,040 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,040 EUR | 2,040 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,463 companies in sector 25530 we hold annual accounts for 1,655. 1,287 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
Founded30-03-2017
Fiscal year end31-03
Trade name NL
Mercy’s
Activities, NACEBEL 2025
25530Machining of metals
25401Forging of metal
25999Manufacture of fabricated metal products, except machinery and equipment
33110Repair and maintenance of fabricated metal products
43341Painting of buildings
47750Retail sale of cosmetics and toilet articles
68201Renting and operating of own or leased residential real estate, excluding social housing
96210Hairdressing and barber services
96220Beauty care and other beauty treatments
Scores and ratios are computed by Checked and are not a credit decision.