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 1 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 12 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Busy address KBO
28 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
WELL'S from Liège, company number BE0439997740, closed financial year 2025 with a result of € -81,841 after tax. For that financial year WELL'S recorded revenue of € 123,823 and equity of € -44,224. Compared with financial year 2024, the result moved from € -118,116 to € -81,841. 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 22, 2026.
€ -44,224
▼ € 81,841 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -81,841
▲ 31 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,833
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -236,147.
People and assets in 2025
€ 606
▼ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 6% vs 2024
€ 71,342 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 9,342
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 366
▲ € 315 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 | |
|---|---|---|---|---|---|
| Revenue | - | € 126,840 | € 114,339 | € 123,823 | ▲ 8% |
| Gross margin | € 44,115 | € 80,717 | € 37,784 | € 75,281 | ▲ 99% |
| Profit after taxes | € -47,301 | € -62,232 | € -118,116 | € -81,841 | ▲ € 36,275 |
| Equity | € 217,965 | € 155,733 | € 37,617 | € -44,224 | ▼ € 81,841 |
| Total debts | € 1,980,943 | € 1,925,998 | € 2,030,413 | € 2,159,776 | ▲ 6% |
| Cash | € 94,044 | € 5,550 | € 3,789 | € 3,833 | ▲ 1% |
| Land & buildings | € 2,097,325 | € 2,046,149 | € 2,017,156 | € 1,962,915 | ▼ 3% |
| Retained profit | € -627 | € -49,525 | € -160,973 | € -236,147 | ▼ € 75,174 |
| Bank debt | € 1,267,761 | € 1,200,771 | € 1,133,395 | € 1,063,145 | ▼ 6% |
| Balance sheet total | € 2,198,908 | € 2,081,731 | € 2,068,030 | € 2,115,552 | ▲ 2% |
Key figures of WELL'S, 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 WELL'S?
What happened at WELL'S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Financière Saint Paul SA stepped down as director. NBB
- LBMC SRL stepped down as director. NBB
- Evelyne LAMY stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 81,841. Source: NBB ↗
- LBMC SRL became a director. NBB
- Evelyne LAMY became a director. NBB
- Financière Saint Paul SA became a director. NBB
- New establishment in Liège. KBO
In short
From € 47,301 loss in 2022 to € 81,841 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
The stake of FINANCIERE SAINT PAUL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WELL'SThe shares are held by FINANCIERE SAINT PAUL (100%).
Directors
According to the 2025 annual accounts
Director · represented by Stephan UHODA
Also active at: GILOPS GROUP, HESBYMAZOUT, UHODA S.A., CONCEPTION, ETUDES ET COOPERATION DE FORMATION, U.D.S., M.E.I. COMPANY, SOCIETE ANONYME BELGE POUR LA PROMOTION DE L'EXPORTATION, HAECHTIFY +27 more
since 2022 · until 2028
Director · represented by Laurent BURETTE
Also active at: HESBYMAZOUT, CONCEPTION, ETUDES ET COOPERATION DE FORMATION, U.D.S., M.E.I. COMPANY, SOCIETE ANONYME BELGE POUR LA PROMOTION DE L'EXPORTATION, HAECHTIFY, Immo centre-ville, HÔTEL DE CLERCX +19 more
since 2023 · until 2028
Evelyne LAMY
Director
Also active at: UHODA S.A., U.D.S., M.E.I. COMPANY, SOCIETE ANONYME BELGE POUR LA PROMOTION DE L'EXPORTATION, HAECHTIFY, Immo centre-ville, Immobilière Léon Frédéricq, Energy Services Management +5 more
since 2023 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Léon-Frédéricq 14
4020 Liège
Rue Sainte-Marguerite 88
4000 Liège
Active since 5 June 1990
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.
All companies at this address →UHODA S.A. same network
€ 49.9 million revenue · 2025
CONCEPTION, ETUDES ET COOPERATION DE FORMATION same network
€ 55.1 million revenue · 2025
U.D.S. same network
€ 104,923 revenue · 2025
M.E.I. COMPANY same network
€ 13,708 revenue · 2025
SOCIETE ANONYME BELGE POUR LA PROMOTION DE L'EXPORTATION same network
€ -4,097 gross margin · 2025
+23 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.997.740
- VAT number
- BE 0439.997.740
- Registered office
- Rue Léon-Frédéricq 14, 4020 Liège
- Names & denominations
- WELL'S
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 1990
- Peppol
- Active · Active since 15 Oct 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen