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WELLENS

Active
Public limited companyfounded 200124 yrs activeVlieghavenlaan 27, 3140 Keerbergen, BelgiumKBO/BCE: BE 0476.102.229

WELLENS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €644k and a net result of €13k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 52% of 820 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
53 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-8
Solvency60▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.17 in 2024; short-term debt: 63.7% and cash: 0.9% of total assets), and 64.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
elevated failure risk from 2 to 8 years 24 years 0 30 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
35.3%
Return on assets
0.7%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
1 d early
2023
5 d early
2022
4 d early
2021
34 d early
2020
23 d early
2019
6 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 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, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€13k▼ 79.8%
2024 · €63k
2018: €32k 2019: €69k 2020: €117k 2021: €57k 2022: €55k 2023: €61k 2024: €63k
2018 → 2025
Working capital
€364k▲ 48.0%
2024 · €246k
2018: €122k 2019: €194k 2020: €133k 2021: €202k 2022: €289k 2023: €305k 2024: €246k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€452k-€507k▲ 12.2%€568k▲ 12.0%€631k▲ 11.1%€644k▲ 2.0%
Operating result€90k-€103k▲ 13.6%€138k▲ 34.5%€151k▲ 9.6%€103k▼ 31.8%
Net result€57k-€55k▼ 3.5%€61k▲ 10.5%€63k▲ 3.9%€13k▼ 79.8%
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €90k€90kNet result 2021: €57k€57kOperating result 2022: €103k€103kNet result 2022: €55k€55kOperating result 2023: €138k€138kNet result 2023: €61k€61kOperating result 2024: €151k€151kNet result 2024: €63k€63kOperating result 2025: €103k€103kNet result 2025: €13k€13k20212022202320242025
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.82M
Fixed assets €299k▼ 30.7%
Current assets €1.53M▼ 9.7%
Equity and liabilities €1.82M
Equity €644k▲ 2.0%
Debt €1.18M▼ 20.8%
The debt ratio falls from 70.3% to 64.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€232k
2024 · €245k
Cash flow
€142k
2024 · €157k
Solvency
35.3%
2024 · 29.7%
Current ratio
1.31
2024 · 1.17
Quick ratio
0.18
2024 · 0.11
Debt / equity
1.83
2024 · 2.36
ROE
2.0%
2024 · 10.0%
ROA
0.7%
2024 · 3.0%
Interest coverage
2.66
2024 · 3.30
Debt
€1.18M
2024 · €1.49M
Debt ≤ 1 year
€1.16M
2024 · €1.44M
Debt > 1 year
€19k
2024 · €46k
Income taxes
€6k
2024 · €16k
Staff costs
€155k
2024 · €97k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€2.12M€1.82M
Fixed assets21/28€431k€299k
Tangible fixed assets22/27€424k€295k
Land and buildings22€118k€108k
Plant, machinery and equipment23€31k€10k
Furniture and vehicles24€275k€177k
Financial fixed assets28€7k€4k
Current assets29/58€1.69M€1.53M
Stocks and contracts in progress3€1.53M€1.31M
Stocks30/36€79k€91k
Contracts in progress37€1.45M€1.22M
Amounts receivable within one year40/41€74k€190k
Trade receivables40€6k€126k
Other amounts receivable41€68k€64k
Cash at bank and in hand54/58€79k€16k
Deferred charges and accrued income490/1€8k€9k
Equity and liabilities
Total equity and liabilities10/49€2.12M€1.82M
Equity10/15€631k€644k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€569k€582k
Non-distributable reserves130/1€21k€21k=
Legal reserve130€21k€21k=
Distributable reserves133€548k€561k
Amounts payable17/49€1.49M€1.18M
Amounts payable after more than one year17€46k€19k
Financial debts170/4€46k€19k
Amounts payable within one year42/48€1.44M€1.16M
Current portion of amounts payable after more than one year42€69k€27k
Financial debts43€781k€457k
Credit institutions430/8€781k€457k
Trade debts44€27k€36k
Suppliers440/4€27k€36k
Taxes, remuneration and social security45€21k€22k
Taxes450/3€19k€14k
Remuneration and social security454/9€2k€8k
Other amounts payable47/48€545k€618k
Income statement Code20242025
Non-recurring operating income76A€1k€0
Remuneration, social security and pensions62€97k€155k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94k€129k
Other operating charges640/8€6k€6k
Non-recurring operating charges66A-€3k
Gross operating margin9900€348k€397k
Operating profit (loss)9901€151k€103k
Financial income75/76B€2k€3k
Recurring financial income75€2k€3k
Financial charges65/66B€74k€87k
Recurring financial charges65€74k€87k
Profit (loss) for the period before taxes9903€80k€19k
Income taxes67/77€16k€6k
Profit (loss) for the period9904€63k€13k
Profit (loss) for the period to be appropriated9905€63k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€63k€13k
Transfer to equity691/2€63k€13k
To other reserves6921€63k€13k
Social balance
Average headcount (FTE)90873.14.6

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet €13k ▼79.8%
Net result drops to €13k, the lowest in the series.
30-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Equity above €500kEq €507k ▲12.2%
5 profitable years in a row build equity to €507k.
27-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €117k ▲69.8%
Operating result €158k, net result €117k, both a record.
31-12
Financial Equity above €500kEq €521k ▲29%
3 profitable years in a row build equity to €521k.
06-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 6 days late
2019
24-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Keerbergen · 1 establishment unit since 2001
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Vlieghavenlaan 273140 Keerbergen
Ground area
3,110 m²
Building footprint
531 m²
Volume, LiDAR
3,545 m³
2 parcels, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dijkstraat(WSP) 6, 3150 Haacht
NACE 451
since 20012.116.460.519
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24472F0327/00C002 Flanders 3,011 m² 1 · 432 m² 9.6 m · 2 fl.
24122B0197/00L000 Flanders 99 m² 1 · 99 m² 11.1 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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

2024 to 2025 · 2 entries · 3,000 EUR awarded · 3,000 EUR paid
Year Entries awardedpaid
2025 1 2,000 EUR2,000 EUR
2024 1 1,000 EUR1,000 EUR
Schemes
Premie kwalificerend werkplekleren
2 entries · 3,000 EUR · 3,000 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Recognised contractor

7 categories
WELLENS NV30028
category D, class 2 · category D1, class 2 · category D10, class 1 · category D11, class 1 · category D12, class 1 · category D16, class 1 · category D22, class 1
decision 09-12-2022

Dual-learning approval

3 live approvals
Metselaar (vwo)
Goedgekeurd · 2023 to 2028
Ruwbouw duaal (so)
Goedgekeurd · 2023 to 2028
Vloerder - tegelzetter duaal (so)
Goedgekeurd · 2024 to 2029

Similar companies · same sector, comparable size

Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 8,189 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded16-11-2001
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
43120Site preparation
43331Floor and wall tiling
43410Roofing work
43990Other specialised construction activities
43999Specialised construction activities
45112
45212
45220
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.