Financials
Financial year 2024
Welvaco Finance from Deinze, company number BE0437445254, closed financial year 2024 with a result of € 97,878 after tax. For that financial year Welvaco Finance recorded a gross margin of € 329,336 and equity of € 28,125. Compared with financial year 2023, the result moved from € 36,393 to € 97,878. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2025.
€ 28,125
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 97,878
▲ 169% vs 2023
Profit after tax over the fiscal year.
€ 142,218
▲ 183% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 97,878 paid out
100 % of the profit went to the shareholders, mostly to DAGDA INVEST (100 % of the shares). That is where the money ends up.
People and assets in 2024
3.7
▼ 0.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 161,976
▼ 12% vs 2023
€ 43,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,372
▼ 49% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 117,604
▼ 18% vs 2023
€ 27,137 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 13,264
▼ 69% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 38,979
▲ 35% vs 2023
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 234,771 | € 223,293 | € 271,021 | € 329,336 | ▲ 22% |
| Profit after taxes | € 3,538 | € 10,158 | € 36,393 | € 97,878 | ▲ 169% |
| Equity | € 15,574 | € 25,732 | € 28,125 | € 28,125 | |
| Total debts | € 272,341 | € 257,792 | € 254,096 | € 267,725 | ▲ 5% |
| Cash | € 17,442 | € 32,898 | € 50,221 | € 142,218 | ▲ 183% |
| Retained profit | € -9,426 | € 732 | € 3,125 | € 3,125 | |
| Dividend | € 0 | € 0 | € 34,000 | € 97,878 | ▲ 188% |
| Bank debt | € 224,111 | € 170,339 | € 144,225 | € 117,604 | ▼ 18% |
| Balance sheet total | € 287,916 | € 283,524 | € 282,221 | € 295,850 | ▲ 5% |
| Employees (FTE) | 3.8 | 4.1 | 4 | 3.7 | ▼ 0.3 |
Key figures of Welvaco Finance, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Welvaco Finance?
What happened at Welvaco Finance in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 97,878 (▲ 169% vs 2023). Source: NBB ↗
- Tinneke Van de Casteele became a director. NBB
- New establishment in Deinze. KBO
- Dagda Invest became a director. NBB
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,538 profit in 2021 to € 97,878 profit in 2024.
Paid € 48,045 in corporate taxes since 2021.
Best year ever: 2024, with € 97,878 profit.
On average € 89,000 of value added per employee in 2024.
A new publication or filing at Welvaco Finance? We notify you, reason included.
Follow Welvaco FinanceDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
The stake of DAGDA INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Welvaco FinanceBehind Welvaco Finance are Tinneke Van de Casteele and Dagda Invest. The shares are held by DAGDA INVEST (99.7%).
Directors
According to the 2024 annual accounts
since 2022
Director · represented by De MEYER TOM
since 2015
Shareholders
99.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leernsesteenweg 289
9800 Deinze
Cyriel Buyssestraat 20
9850 Deinze
Active since 6 November 1990
Kortrijkstraat 70 box 1
9800 Deinze
Active since 1 January 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.445.254
- VAT number
- BE 0437.445.254
- Registered office
- Leernsesteenweg 289, 9800 Deinze
- Names & denominations
- Welvaco Finance
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1989
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
Agenten en makelaars in bankdiensten
Activiteiten van gemengde verzekeringsondernemingen, overwegend leven