Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WEL BELGIUM from Ukkel, company number BE0429841543, closed financial year 2025 with a result of € -11,928 after tax. For that financial year WEL BELGIUM recorded a gross margin of € -8,483 and equity of € -100,806. Compared with financial year 2024, the result moved from € -2,721 to € -11,928. The company made a loss. 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 April 30, 2026.
€ -100,806
▼ € 11,928 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,928
▼ 338 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -131,793.
People and assets in 2025
€ 1,398
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,633
▲ 19% vs 2024
Loans from banks and other lenders, long and short.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 20,551 | € -4,627 | € 1,943 | € -8,483 | ▼ € 10,426 |
| Profit after taxes | € 16,358 | € -9,216 | € -2,721 | € -11,928 | ▼ € 9,207 |
| Equity | € -76,942 | € -86,157 | € -88,878 | € -100,806 | ▼ € 11,928 |
| Total debts | € 115,374 | € 94,271 | € 101,578 | € 128,239 | ▲ 26% |
| Retained profit | € -107,928 | € -117,144 | € -119,865 | € -131,793 | ▼ € 11,928 |
| Bank debt | € 12,218 | € 23,329 | € 13,158 | € 15,633 | ▲ 19% |
| Balance sheet total | € 38,432 | € 8,113 | € 12,700 | € 27,433 | ▲ 116% |
Key figures of WEL BELGIUM, 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 April 2027.
What happened to WEL BELGIUM?
What happened at WEL BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ISABELLE VERBRUGGEN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 11,928. Source: NBB ↗
- ISABELLE VERBRUGGEN became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,358 profit in 2022 to € 11,928 loss in 2025.
Paid € 473 in corporate taxes since 2022.
Best year ever: 2022, with € 16,358 profit.
A new publication or filing at WEL BELGIUM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
ISABELLE VERBRUGGEN
Director
Also active at: CODISCO, BYBLOS BUILDING COMPANY, SOCIETE AUTONOME DE CONSTRUCTION
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Juliettelaan 13D
1180 Ukkel
Stefaniaplein 4 box 4
1050 Elsene
Active since 9 December 1986
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.841.543
- VAT number
- BE 0429.841.543
- Registered office
- Juliettelaan 13D, 1180 Ukkel
- Names & denominations
- WEL BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 1986
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Activiteiten van interieurarchitecten