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 19 % 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
RINA GIELEN - WELLENS from Pelt, company number BE0438606680, closed financial year 2025 with a result of € 315 after tax. For that financial year RINA GIELEN - WELLENS recorded a gross margin of € 101,168 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € -43,923 to € 315. Profitable, and profit is growing. 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 July 3, 2026.
€ 1.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 315
▲ still € 43,923 loss in 2024
Profit after tax over the fiscal year.
€ 59,414
▲ € 46,656 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 € -1.1 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 304
▲ 223% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 89,030 | € 75,159 | € 100,135 | € 101,168 | ▲ 1% |
| Profit after taxes | € 93,411 | € -55,402 | € -43,923 | € 315 | ▲ € 44,238 |
| Equity | € 204,831 | € 1,514,219 | € 1,470,296 | € 1,470,611 | |
| Total debts | € 538,045 | € 476,911 | € 400,493 | € 320,607 | ▼ 20% |
| Cash | € 180,019 | € 1,757 | € 12,759 | € 59,414 | ▲ € 46,656 |
| Land & buildings | € 524,621 | € 1,988,033 | € 1,857,086 | € 1,726,139 | ▼ 7% |
| Retained profit | € -967,869 | € -1,023,271 | € -1,067,194 | € -1,066,879 | |
| Bank debt | € 30,738 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 742,876 | € 1,991,131 | € 1,870,789 | € 1,791,218 | ▼ 4% |
Key figures of RINA GIELEN - WELLENS, 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 RINA GIELEN - WELLENS?
What happened at RINA GIELEN - WELLENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pierre Gielen stepped down as director. NBB
- Rina Wellens stepped down as director. NBB
- Levi Gielen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 315. Source: NBB ↗
- Pierre Gielen became a director. NBB
- Rina Wellens became a director. NBB
- Levi Gielen became a director. NBB
- New establishment in Pelt. KBO
In short
From € 93,411 profit in 2022 to € 315 profit in 2025.
Paid € 1 in corporate taxes since 2022.
Best year ever: 2022, with € 93,411 profit.
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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
Pierre Gielen
Managing director
since 2025 · until 2031
Rina Wellens
Managing director
since 2025 · until 2031
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Hoevenstraat 38
3900 Pelt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.606.680
- VAT number
- BE 0438.606.680
- Registered office
- Hoevenstraat 38, 3900 Pelt
- Names & denominations
- RINA GIELEN - WELLENS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 October 1989
- Peppol
- Not registered