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 3 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 8 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Antwerp Welding Sales from Antwerpen, company number BE0437841172, closed financial year 2025 with a result of € -11,941 after tax. For that financial year Antwerp Welding Sales recorded a gross margin of € -7,947 and equity of € -142,800. Compared with financial year 2024, the result moved from € -58,033 to € -11,941. 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 June 19, 2026.
€ -142,800
▼ € 11,941 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,941
▲ 79 % less loss than in 2024
Profit after tax over the fiscal year.
€ 13,324
▲ 103% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -204,800.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,778
▲ € 2,871 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,253
▼ 40% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -80,528 | € -70,187 | € -53,863 | € -7,947 | ▲ € 45,915 |
| Profit after taxes | € -86,455 | € -75,441 | € -58,033 | € -11,941 | ▲ € 46,092 |
| Equity | € 4,616 | € -72,826 | € -130,859 | € -142,800 | ▼ € 11,941 |
| Total debts | € 185,306 | € 214,645 | € 241,708 | € 262,469 | ▲ 9% |
| Cash | € 19,057 | € 16,142 | € 6,552 | € 13,324 | ▲ 103% |
| Retained profit | € -59,384 | € -134,826 | € -192,859 | € -204,800 | ▼ € 11,941 |
| Balance sheet total | € 189,922 | € 141,819 | € 110,849 | € 119,670 | ▲ 8% |
Key figures of Antwerp Welding Sales, 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 Antwerp Welding Sales?
What happened at Antwerp Welding Sales in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marleen Verhaegen stepped down as director. NBB
- Karl Verhaegen stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 11,941. Source: NBB ↗
- Marleen Verhaegen became a director. NBB
- Karl Verhaegen became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 86,455 loss in 2022 to € 11,941 loss in 2025.
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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
Marleen Verhaegen
Director
since 2022 · until 2028
Karl Verhaegen
Managing director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Zoutestraat 190
2040 Antwerpen
Zoutestraat 128
2040 Antwerpen
Active since 18 July 1989
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.841.172
- VAT number
- BE 0437.841.172
- Registered office
- Zoutestraat 190, 2040 Antwerpen
- Names & denominations
- Antwerp Welding Sales
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 1989
- Peppol
- Not registered
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