WELLIFT
ActiveSummary
For WELLIFT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €75k and a net result of €9k. Equity is growing by ~26.2% per year across the filed fiscal years. Its solvency ranks better than 45% of 3605 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability74▲+19
Solvency60▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
35%
Return on assets
4.3%
Age of the figures
33 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-06-2024, 33 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
33 d early
2022
25 d early
2021
31 d late
2020
122 d late
2019
92 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
€1.05M
EBIT margin
0.6%
Net result
€9k▲ 79.1%
2022 · €5k
2019: €4k
2020: €157
2021: €47k
2022: €5k
2019 → 2023
Working capital
€71k▲ 18.0%
2022 · €60k
2019: €-2k
2020: €5k
2021: €50k
2022: €60k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€1.05M
Equity€15k-€15k▲ 1.0%€61k▲ 292%€66k▲ 8.6%€75k▲ 14.2%
Operating result€7k-€1k▼ 80.6%€60k▲ 4,270%€7k▼ 88.8%€12k▲ 74.7%
Net result€4k-€157▼ 96.2%€47k▲ 29,944%€5k▼ 89.0%€9k▲ 79.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 75% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €215k
Fixed assets
€5k ▼ 22.7%
Current assets
€210k ▼ 21.9%
Equity and liabilities €215k
Equity
€75k ▲ 14.2%
Debt
€140k ▼ 33.3%
Debt's share of the balance-sheet total falls from 76.1% to 65.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▲
2022 · €11k
Cash flow
€11k▲
2022 · €10k
Current ratio
1.50▲
2022 · 1.29
Debt to equity
1.86▼
2022 · 3.18
ROE
12.4%▲
2022 · 7.9%
ROA
4.3%▲
2022 · 1.9%
Interest coverage
89.03▲
2022 · 44.53
Debt ≤ 1 year
€140k▼
2022 · €210k
Income taxes
€2k▲
2022 · €1k
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 · 2023 against 2022 · 35 lines
Balance sheet
Code20222023
Assets
Total assets20/58€276k€215k▼
Fixed assets21/28€6k€5k▼
Tangible fixed assets22/27€5k€3k▼
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€1k€1k=
Current assets29/58€270k€210k▼
Amounts receivable within one year40/41€200k€165k▼
Trade receivables40€153k€108k▼
Other amounts receivable41€48k€56k▲
Cash at bank and in hand54/58€64k€40k▼
Deferred charges and accrued income490/1€5k€5k=
Equity and liabilities
Total equity and liabilities10/49€276k€215k▼
Equity10/15€66k€75k▲
Contributions10/11€9k€9k=
Profit (loss) carried forward14€57k€66k▲
Amounts payable17/49€210k€140k▼
Amounts payable within one year42/48€210k€140k▼
Trade debts44€195k€123k▼
Suppliers440/4€195k€123k▼
Taxes, remuneration and social security45€15k€16k▲
Taxes450/3€15k€16k▲
Income statement
Code20222023
Turnover70€1.05M-
Goods, raw materials, services and sundry goods60/61€1.04M-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€1k▼
Other operating charges640/8€608€1k▲
Gross operating margin9900€12k€15k▲
Operating profit (loss)9901€7k€12k▲
Financial charges65/66B€249€149▼
Recurring financial charges65€249€149▼
Profit (loss) for the period before taxes9903€7k€12k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€5k€9k▲
Profit (loss) for the period to be appropriated9905€5k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€57k€66k▲
Profit (loss) brought forward from the previous period14P€52k€57k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2019net €47k ▲29944%
Operating result €60k, net result €47k, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
31-12
Financial
Weakest financial yearnet €157 ▼96.2%
Net result drops to €157, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
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, Koekelberg · 1 establishment unit since 2018
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.
Landsroemlaan 161081 KoekelbergGround area
1,990 m²
Building footprint
1,870 m²
Volume, LiDAR
28,226 m³
2 parcels, Brussels · tallest building 32.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
WELLIFT
since 20182.281.184.533
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0089/00A007 | Brussels | 1,907 m² | 1 · 1,788 m² | 32.0 m · 2 fl. |
| 21492B0006/00L003 | Brussels | 83 m² | 1 · 81 m² | 15.3 m · 4 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.
Similar companies · same sector, comparable size
NysTechnics
BE 0782.579.469
Zemst · Eq €75,347
A&Z Constructions Team
BE 0715.517.332
Aalst · Eq €75,493
Sundesign
BE 0827.675.858
Brugge · Eq €75,605
ECO CHAK
BE 0540.841.118
Charleroi · Eq €75,743
DE KEUKELEIRE
BE 0451.505.997
Berlare · Eq €75,820
Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 1,373 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded02-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.