What does WELVAERT do?

WELVAERT is a demolition contractor in Evergem. Private Limited, started on 26 January 1995, 1 establishment.

What is the address of WELVAERT?

The registered office of WELVAERT is located at Oude Burggrave 22, 9940 Evergem.

Is WELVAERT still active?

Yes. According to the CBE (29 October 2026) WELVAERT is active, legal situation “Normale toestand”, started on 26 January 1995.

Is WELVAERT registered on Peppol?

Yes, WELVAERT is registered on the Peppol network with ID 0208:0454294748.

What is the enterprise number of WELVAERT?

The enterprise number of WELVAERT is BE0454294748.

When was WELVAERT founded?

WELVAERT was founded on 26 January 1995.

Who are the directors of WELVAERT?

According to the 2025 annual accounts, the directors of WELVAERT are: Rita Withoeck, Kurt Welvaert, Patrick Lippens.

Is WELVAERT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 January 1995; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did WELVAERT make in 2025?

WELVAERT posted a profit after taxes of € 108,937 in financial year 2025.

What is the revenue of WELVAERT?

As a small company, WELVAERT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 463,355.

How much does an employee at WELVAERT earn?

The average wage cost per full-time employee at WELVAERT was € 69,500 in 2025: staff costs of € 69,541 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does WELVAERT have?

According to the 2025 annual accounts, WELVAERT has 1 full-time equivalents (FTE).

WELVAERT (Private Limited) - Evergem - BE0454294748

Dossier WELVAERT, printed on 29 October 2026 from databakkes.be/en/0454294748/welvaert. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

WELVAERT from Evergem, company number BE0454294748, closed financial year 2025 with a result of € 108,937 after tax. For that financial year WELVAERT recorded a gross margin of € 463,355 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 49,105 to € 108,937. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 7, 2025.

What it is worth Healthy

€ 1.7 million

▼ 6% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 108,937

▲ 122% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 807,561

▲ 59% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 220,999 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 69,541

▲ 2% vs 2024

€ 69,500 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.

Vehicles and equipment

€ 222,954

▲ 24% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 214,673

▲ 3% vs 2024

€ 40,921 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 75,216

▼ 20% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 35,334

▲ 240% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 385,103 Gross margin 2022: € 385,103 First fiscal year in the series	€ 412,705 Gross margin 2023: € 412,705 ▲ 7% vs 2022 (€ 385,103) Favourable step	€ 393,006 Gross margin 2024: € 393,006 ▼ 5% vs 2023 (€ 412,705) Unfavourable step	€ 463,355 Gross margin 2025: € 463,355 ▲ 18% vs 2024 (€ 393,006) Favourable step	▲ 18%
Profit after taxes	€ 62,796 Profit after taxes 2022: € 62,796 First fiscal year in the series	€ 98,668 Profit after taxes 2023: € 98,668 ▲ 57% vs 2022 (€ 62,796) Favourable step	€ 49,105 Profit after taxes 2024: € 49,105 ▼ 50% vs 2023 (€ 98,668) Unfavourable step	€ 108,937 Profit after taxes 2025: € 108,937 ▲ 122% vs 2024 (€ 49,105) Favourable step	▲ 122%
Equity	€ 1,648,468 Equity 2022: € 1,648,468 First fiscal year in the series	€ 1,747,137 Equity 2023: € 1,747,137 ▲ 6% vs 2022 (€ 1,648,468) Favourable step	€ 1,796,241 Equity 2024: € 1,796,241 ▲ 3% vs 2023 (€ 1,747,137) Favourable step	€ 1,684,179 Equity 2025: € 1,684,179 ▼ 6% vs 2024 (€ 1,796,241) Unfavourable step	▼ 6%
Total debts	€ 562,337 Total debts 2022: € 562,337 First fiscal year in the series	€ 512,392 Total debts 2023: € 512,392 ▼ 9% vs 2022 (€ 562,337) Favourable step	€ 436,300 Total debts 2024: € 436,300 ▼ 15% vs 2023 (€ 512,392) Favourable step	€ 689,624 Total debts 2025: € 689,624 ▲ 58% vs 2024 (€ 436,300) Unfavourable step	▲ 58%
Cash	€ 437,216 Cash 2022: € 437,216 First fiscal year in the series	€ 354,897 Cash 2023: € 354,897 ▼ 19% vs 2022 (€ 437,216) Unfavourable step	€ 509,136 Cash 2024: € 509,136 ▲ 43% vs 2023 (€ 354,897) Favourable step	€ 807,561 Cash 2025: € 807,561 ▲ 59% vs 2024 (€ 509,136) Favourable step	▲ 59%
Land & buildings	€ 783,226 Land & buildings 2022: € 783,226 First fiscal year in the series	€ 988,982 Land & buildings 2023: € 988,982 ▲ 26% vs 2022 (€ 783,226) Unchanged	€ 954,080 Land & buildings 2024: € 954,080 ▼ 4% vs 2023 (€ 988,982) Unchanged	€ 929,855 Land & buildings 2025: € 929,855 ▼ 3% vs 2024 (€ 954,080) Unchanged	▼ 3%
Retained profit	€ 1,547,968 Retained profit 2022: € 1,547,968 First fiscal year in the series	€ 1,646,637 Retained profit 2023: € 1,646,637 ▲ 6% vs 2022 (€ 1,547,968) Favourable step	€ 1,695,741 Retained profit 2024: € 1,695,741 ▲ 3% vs 2023 (€ 1,646,637) Favourable step	€ 1,583,679 Retained profit 2025: € 1,583,679 ▼ 7% vs 2024 (€ 1,695,741) Unfavourable step	▼ 7%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 220,999 Dividend 2025: € 220,999 Unchanged (€ 0) Unchanged
Bank debt	€ 209,350 Bank debt 2022: € 209,350 First fiscal year in the series	€ 294,459 Bank debt 2023: € 294,459 ▲ 41% vs 2022 (€ 209,350) Unfavourable step	€ 208,911 Bank debt 2024: € 208,911 ▼ 29% vs 2023 (€ 294,459) Favourable step	€ 214,673 Bank debt 2025: € 214,673 ▲ 3% vs 2024 (€ 208,911) Unfavourable step	▲ 3%
Balance sheet total	€ 2,210,805 Balance sheet total 2022: € 2,210,805 First fiscal year in the series	€ 2,259,528 Balance sheet total 2023: € 2,259,528 ▲ 2% vs 2022 (€ 2,210,805) Unchanged	€ 2,232,541 Balance sheet total 2024: € 2,232,541 ▼ 1% vs 2023 (€ 2,259,528) Unchanged	€ 2,373,803 Balance sheet total 2025: € 2,373,803 ▲ 6% vs 2024 (€ 2,232,541) Unchanged	▲ 6%
Employees (FTE)	2 Employees (FTE) 2022: 2 First fiscal year in the series	1 Employees (FTE) 2023: 1 ▼ 1 vs 2022 (2) Unchanged	1 Employees (FTE) 2024: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2025: 1 Unchanged (1) Unchanged

Key figures of WELVAERT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to WELVAERT?

What happened at WELVAERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 7, 2025 New annual accounts for financial year 2025: profit of € 108,937 (▲ 122% vs 2024). Source: NBB ↗
Feb 8, 1995 New establishment in Evergem. KBO
1995 Rita Withoeck became a director. NBB
1995 Kurt Welvaert became a director. NBB
1995 Patrick Lippens became a director. NBB
Jan 26, 1995 Start of the company according to the CBE. KBO

In short

From € 62,796 profit in 2022 to € 108,937 profit in 2025.

Paid € 72,374 in corporate taxes since 2022.

Best year ever: 2025, with € 108,937 profit.

On average € 463,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Rita Withoeck Kurt Welvaert Patrick Lippens

WELVAERT

Behind WELVAERT are Rita Withoeck, Kurt Welvaert and Patrick Lippens.

Directors

According to the 2025 annual accounts

Rita Withoeck

Director

since 1995

Kurt Welvaert

Director

since 1995

Patrick Lippens

Director

since 1995

Establishments

Establishment units

Physical locations of this company

Registered office

Oude Burggrave 22

9940 Evergem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0454.294.748

VAT number

BE 0454.294.748

Registered office

Oude Burggrave 22, 9940 Evergem

Names & denominations

WELVAERT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

26 January 1995

Peppol

Active · Active since 11 Jun 2025

Activities · NACE

Slopen

Slopen van gebouwen

Bouwrijp maken van terreinen

Bouw van autowegen en andere wegen

Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten

Grondverzet

View on CBE Public ↗ Annual accounts (NBB) ↗

WELVAERT

Financials

What happened to WELVAERT?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions