Financials
Financial year 2025
WELLS & B from Ukkel, company number BE0427030028, closed financial year 2025 with a result of € 5,439 after tax. For that financial year WELLS & B recorded a gross margin of € 128,611 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 10,748 to € 5,439. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.
€ 1.1 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,439
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 82,263
▲ 52% 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 € 1 million.
People and assets in 2025
€ 7,689
▼ 65% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 305,300
▼ 15% vs 2024
€ 55,266 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 20,924
▲ 98% 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 | € 127,138 | € 119,570 | € 133,062 | € 128,611 | ▼ 3% |
| Profit after taxes | € 12,015 | € 906 | € 10,748 | € 5,439 | ▼ 49% |
| Equity | € 1,058,132 | € 1,059,038 | € 1,069,786 | € 1,075,225 | ▲ 1% |
| Total debts | € 473,475 | € 419,788 | € 378,691 | € 329,681 | ▼ 13% |
| Cash | € 21,637 | € 43,796 | € 54,242 | € 82,263 | ▲ 52% |
| Land & buildings | € 475,123 | € 435,980 | € 399,489 | € 362,997 | ▼ 9% |
| Retained profit | € 996,132 | € 997,038 | € 1,007,786 | € 1,013,225 | ▲ 1% |
| Bank debt | € 465,763 | € 413,148 | € 359,666 | € 305,300 | ▼ 15% |
| Balance sheet total | € 1,531,607 | € 1,478,826 | € 1,448,477 | € 1,404,906 | ▼ 3% |
Key figures of WELLS & B, 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 January 2027.
What happened to WELLS & B?
What happened at WELLS & B in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michel KACENELENBOGEN stepped down as director. NBB
- Patricia IDE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5,439 (▼ 49% vs 2024). Source: NBB ↗
- Michel KACENELENBOGEN became a director. NBB
- Patricia IDE became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,015 profit in 2022 to € 5,439 profit in 2025.
Paid € 1,042 in corporate taxes since 2022.
Best year ever: 2022, with € 12,015 profit.
Management
It owns 21.9% of 'H itself.
Establishments
Establishment units
Physical locations of this company
Grasmusstraat 72
1180 Ukkel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.030.028
- VAT number
- BE 0427.030.028
- Registered office
- Grasmusstraat 72, 1180 Ukkel
- Names & denominations
- WELLS & B
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 1985
- Peppol
- Active · Active since 27 Jan 2026
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