WELOCATE
ActiveSummary
WELOCATE has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of €120,811. Equity has been growing by about 44% per year since 2018. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 19-06-2017 Normal situation
- Registered office
- 25 active companies are registered at this address 9 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.267.519.213 8300 Knokke-Heist, since 19-06-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Board and ownership
- NV Huysman PropertiesManaging director · permanent representative HUYSMAN Dominique Luc Martha
- AGENTSCHAP PALLENManaging director · permanent representative VAN HOOREBEKE Louis Albert Philippe
- HUYSMAN PROJECTSManaging director · permanent representative HUYS¬MAN Frans Leon Gabriel
- AGENTSCHAP PALLEN60%· score 902025 annual accounts of AGENTSCHAP PALLEN
- HUYSMAN PROJECTS40%2025 annual accounts of HUYSMAN PROJECTS
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €319,225
- ▼ 73.6%
- Turnover
- ≈ €750,000
- estimated
- Profit
- €120,811
- ▼ 84.5%
- Equity
- €2.9m
- ▲ 4.4%
- Total assets
- €16.8m
- ▲ 4.4%
Score breakdownlowers riskSize: total assets €16.8mFigures for financial year 2025 (filed on 23-07-2026)No main activity registeredLegal form: public limited companyShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, medium-sized). It does better than 20% of them on solvency, 19% on liquidity, 53% on profitability and 67% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 28 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Key points
- Caution: Result fell in 2025different schema filed ▼ 84.5% View
Recent changes
- · Gazette deed 3 directors reappointedReappointments: AGENTSCHAP PALLEN, HUYSMAN PROPERTIES and HUYSMAN PROJECTS · Permanent representatives: VAN HOOREBEKE Louis Albert Philippe, HUYSMAN Dominique Luc Martha and HUYS¬MAN Frans Leon Gabriel · Director discharge: AGENTSCHAP PALLEN
- · Gazette deed 1 director appointed, 1 director resigningResignation: NV Huysman Properties (director) · Permanent representatives: Huysman Frans and Huysman Dominique · Appointment: NV Huysman Properties (director)
- · Gazette deed Registered office moved from Ghent to Knokke-HeistNew registered office: Duinenwater 2, 8300 Knokke-Heist · Previous registered office: Gaverlandstraat 59, 9031 Gent · Permanent representative: Filip Verbeke
Key facts about WELOCATE
- What is the company number of WELOCATE?
- The company number of WELOCATE is 0676.916.577. The VAT number is the same number with BE in front: BE 0676.916.577.
- Where is WELOCATE based?
- The registered office is at Duinenwater 2, 8300 Knokke-Heist.Company details
- What is the legal form of WELOCATE?
- WELOCATE is a public limited company (NV).
- When was WELOCATE founded?
- WELOCATE was founded on 19-06-2017.
- Is WELOCATE still active?
- Yes, WELOCATE is an active enterprise in the KBO register.
- What is the turnover of WELOCATE?
- The turnover in financial year 2025 is ≈ €750,000. This figure is estimated from the gross margin of €319,225 and 2,281 comparable companies of the same size. It probably lies between €450,000 and €1.3m. It is a rough estimate.Financials
- Is WELOCATE profitable?
- In financial year 2025, WELOCATE made a profit of €120,811.
- Where can I find the annual accounts of WELOCATE?
- WELOCATE filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WELOCATE due?
- WELOCATE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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