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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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WELTRACO from Aartselaar, company number BE0437722990, closed financial year 2025 with a result of € 113,474 after tax. For that financial year WELTRACO recorded a gross margin of € 1.8 million and equity of € 187,263. Compared with financial year 2024, the result moved from € 234,365 to € 113,474. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 187,263
▲ 154% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 113,474
▼ 52% vs 2024
Profit after tax over the fiscal year.
€ 192,846
▲ 86% 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 € 168,671.
People and assets in 2025
69.4
▲ 11.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 5% vs 2024
€ 18,800 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.
€ 150,401
▼ 18% vs 2024
Of which on lease € 99,790.
Debts at end 2025
€ 825,539
▼ 9% vs 2024
€ 318,450 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 319,252
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 188,844
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,299,600 | € 1,432,408 | € 1,855,557 | € 1,802,982 | ▼ 3% |
| Profit after taxes | € -37,032 | € 3,269 | € 234,365 | € 113,474 | ▼ 52% |
| Equity | € -163,845 | € -160,576 | € 73,789 | € 187,263 | ▲ 154% |
| Total debts | € 2,674,378 | € 2,366,167 | € 2,014,415 | € 2,125,111 | ▲ 5% |
| Cash | € 62,835 | € 59,892 | € 103,406 | € 192,846 | ▲ 86% |
| Retained profit | € -182,437 | € -179,168 | € 55,197 | € 168,671 | ▲ 206% |
| Bank debt | € 1,169,168 | € 1,090,917 | € 903,300 | € 825,539 | ▼ 9% |
| Balance sheet total | € 2,510,532 | € 2,205,591 | € 2,088,203 | € 2,312,374 | ▲ 11% |
| Employees (FTE) | 30.1 | 47.1 | 57.5 | 69.4 | ▲ 11.9 |
Key figures of WELTRACO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to WELTRACO?
What happened at WELTRACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 113,474 (▼ 52% vs 2024). filed late Source: NBB ↗
- Brooklyn Wellens became a director. NBB
- Philip Wellens became a director. NBB
- New establishment in Aartselaar. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,032 loss in 2022 to € 113,474 profit in 2025.
Paid € 4,835 in corporate taxes since 2022.
Best year ever: 2024, with € 234,365 profit.
On average € 26,000 of value added per employee in 2025.
Management
Behind WELTRACO are Brooklyn Wellens and Philip Wellens. The shares are held by Philip Wellens.
Directors
According to the 2025 annual accounts
Brooklyn Wellens
Director
since 2021
since 2013
Shareholders
Philip Wellens · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Baron van Ertbornstraat 30-34
2630 Aartselaar
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.722.990
- VAT number
- BE 0437.722.990
- Registered office
- Baron van Ertbornstraat 30-34, 2630 Aartselaar
- Names & denominations
- WELTRACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 1989
- Peppol
- Active · Active since 23 Sept 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Overige niet-gespecialiseerde detailhandel
Overige niet-gespecialiseerde detailhandel in winkels (verkoop van overwegend niet-voedingsmiddelen met verkoopsoppervlakte van mind er dan 2.500 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte < 2500 m²)