Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Weco from Merelbeke-Melle, company number BE0424993424, closed financial year 2025 with a result of € 3,622 after tax. For that financial year Weco recorded a gross margin of € 12,473 and equity of € -82,753. Compared with financial year 2024, the result moved from € 301 to € 3,622. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ -82,753
▲ € 3,432 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,622
▲ € 3,321 vs 2024
Profit after tax over the fiscal year.
€ 3,104
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -95,063.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 42,697
▼ 17% vs 2024
€ 9,230 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 4,686
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,026
▼ 29% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 16,154 | € 15,460 | € 11,366 | € 12,473 | ▲ 10% |
| Profit after taxes | € 303 | € 1,600 | € 301 | € 3,622 | ▲ € 3,321 |
| Equity | € -88,085 | € -86,485 | € -86,185 | € -82,753 | ▲ € 3,432 |
| Total debts | € 164,741 | € 154,072 | € 148,130 | € 138,873 | ▼ 6% |
| Cash | € 3,999 | € 3,065 | € 4,020 | € 3,104 | ▼ 23% |
| Land & buildings | € 65,657 | € 60,881 | € 56,105 | € 52,523 | ▼ 6% |
| Retained profit | € -100,585 | € -98,985 | € -98,685 | € -95,063 | ▲ € 3,622 |
| Bank debt | € 153,685 | € 59,792 | € 51,467 | € 42,697 | ▼ 17% |
| Balance sheet total | € 76,656 | € 67,587 | € 61,945 | € 56,121 | ▼ 9% |
Key figures of Weco, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 June 2027.
What happened to Weco?
What happened at Weco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,622 (▲ € 3,321 vs 2024). filed late Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 303 profit in 2022 to € 3,622 profit in 2025.
Best year ever: 2025, with € 3,622 profit.
Management
Behind Weco is Chris WILLEMYNS.
Directors
According to the 2025 annual accounts
Chris WILLEMYNS
Director
Establishments
Establishment units
Physical locations of this company
Sallemeulekouter 16
9820 Merelbeke-Melle
Hundelgemsesteenweg 640
9820 Merelbeke-Melle
Active since 1 January 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.993.424
- VAT number
- BE 0424.993.424
- Registered office
- Sallemeulekouter 16, 9820 Merelbeke-Melle
- Names & denominations
- Weco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 1983
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
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