What does WELLEMAN do?

WELLEMAN is a joiner in Oostende. Private Limited, started on 29 November 2002, 1 establishment.

What is the address of WELLEMAN?

The registered office of WELLEMAN is located at Kuipweg 11, 8400 Oostende.

Is WELLEMAN still active?

Yes. According to the CBE (29 October 2026) WELLEMAN is active, legal situation “Normale toestand”, started on 29 November 2002.

Is WELLEMAN registered on Peppol?

Yes, WELLEMAN is registered on the Peppol network with ID 0208:0478861680.

What is the enterprise number of WELLEMAN?

The enterprise number of WELLEMAN is BE0478861680.

When was WELLEMAN founded?

WELLEMAN was founded on 29 November 2002.

Who are the directors of WELLEMAN?

According to the 2025 annual accounts, the directors of WELLEMAN are: Kathy Fiers, Dimitri Welleman.

Is WELLEMAN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 November 2002; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did WELLEMAN make in 2025?

WELLEMAN posted a profit after taxes of € 120,593 in financial year 2025.

What is the revenue of WELLEMAN?

As a small company, WELLEMAN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,360,095.

How much does an employee at WELLEMAN earn?

The average wage cost per full-time employee at WELLEMAN was € 58,500 in 2025: staff costs of € 766,163 for 13.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does WELLEMAN have?

According to the 2025 annual accounts, WELLEMAN has 13.1 full-time equivalents (FTE).

WELLEMAN (Private Limited) - Oostende - BE0478861680

Dossier WELLEMAN, printed on 29 October 2026 from databakkes.be/en/0478861680/welleman. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

WELLEMAN from Oostende, company number BE0478861680, closed financial year 2025 with a result of € 120,593 after tax. For that financial year WELLEMAN recorded a gross margin of € 1.4 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 228,624 to € 120,593. The company is profitable. 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 June 25, 2026.

What it is worth Growing

€ 1.8 million

▲ 4% vs 2024

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

Profit Healthy

€ 120,593

▼ 47% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 536,625

▲ 3% vs 2024

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

Where the profit goes Pays out

€ 47,121 paid out

39 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

13.1

▲ 2.1 vs 2024

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

Wage cost

€ 766,163

▲ 20% vs 2024

€ 58,500 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

€ 190,916

▲ 27% vs 2024

Of which on lease € 177,383.

Debts at end 2025

Bank debt ≈ 7 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.

€ 2 million

▼ 9% vs 2024

€ 225,987 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 318,267

▼ 12% vs 2024

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

Wages and social charges

€ 8,036

▲ 141% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,245,850 Gross margin 2022: € 1,245,850 First fiscal year in the series	€ 1,143,161 Gross margin 2023: € 1,143,161 ▼ 8% vs 2022 (€ 1,245,850) Unfavourable step	€ 1,413,220 Gross margin 2024: € 1,413,220 ▲ 24% vs 2023 (€ 1,143,161) Favourable step	€ 1,360,095 Gross margin 2025: € 1,360,095 ▼ 4% vs 2024 (€ 1,413,220) Unfavourable step	▼ 4%
Profit after taxes	€ 438,174 Profit after taxes 2022: € 438,174 First fiscal year in the series	€ 176,908 Profit after taxes 2023: € 176,908 ▼ 60% vs 2022 (€ 438,174) Unfavourable step	€ 228,624 Profit after taxes 2024: € 228,624 ▲ 29% vs 2023 (€ 176,908) Favourable step	€ 120,593 Profit after taxes 2025: € 120,593 ▼ 47% vs 2024 (€ 228,624) Unfavourable step	▼ 47%
Equity	€ 1,322,633 Equity 2022: € 1,322,633 First fiscal year in the series	€ 1,450,383 Equity 2023: € 1,450,383 ▲ 10% vs 2022 (€ 1,322,633) Favourable step	€ 1,677,289 Equity 2024: € 1,677,289 ▲ 16% vs 2023 (€ 1,450,383) Favourable step	€ 1,752,112 Equity 2025: € 1,752,112 ▲ 4% vs 2024 (€ 1,677,289) Favourable step	▲ 4%
Total debts	€ 2,807,363 Total debts 2022: € 2,807,363 First fiscal year in the series	€ 2,872,100 Total debts 2023: € 2,872,100 ▲ 2% vs 2022 (€ 2,807,363) Unfavourable step	€ 2,736,394 Total debts 2024: € 2,736,394 ▼ 5% vs 2023 (€ 2,872,100) Favourable step	€ 2,892,749 Total debts 2025: € 2,892,749 ▲ 6% vs 2024 (€ 2,736,394) Unfavourable step	▲ 6%
Cash	€ 809,254 Cash 2022: € 809,254 First fiscal year in the series	€ 369,428 Cash 2023: € 369,428 ▼ 54% vs 2022 (€ 809,254) Unfavourable step	€ 521,287 Cash 2024: € 521,287 ▲ 41% vs 2023 (€ 369,428) Favourable step	€ 536,625 Cash 2025: € 536,625 ▲ 3% vs 2024 (€ 521,287) Favourable step	▲ 3%
Land & buildings	€ 1,285,576 Land & buildings 2022: € 1,285,576 First fiscal year in the series	€ 1,997,086 Land & buildings 2023: € 1,997,086 ▲ 55% vs 2022 (€ 1,285,576) Unchanged	€ 1,939,306 Land & buildings 2024: € 1,939,306 ▼ 3% vs 2023 (€ 1,997,086) Unchanged	€ 1,692,152 Land & buildings 2025: € 1,692,152 ▼ 13% vs 2024 (€ 1,939,306) Unchanged	▼ 13%
Retained profit	€ 1,305,383 Retained profit 2022: € 1,305,383 First fiscal year in the series	€ 1,433,133 Retained profit 2023: € 1,433,133 ▲ 10% vs 2022 (€ 1,305,383) Favourable step	€ 1,660,039 Retained profit 2024: € 1,660,039 ▲ 16% vs 2023 (€ 1,433,133) Favourable step	€ 1,733,512 Retained profit 2025: € 1,733,512 ▲ 4% vs 2024 (€ 1,660,039) Favourable step	▲ 4%
Dividend	€ 1,600 Dividend 2022: € 1,600 First fiscal year in the series	€ 49,158 Dividend 2023: € 49,158 ▲ € 47,558 vs 2022 (€ 1,600) Unchanged	€ 1,718 Dividend 2024: € 1,718 ▼ 97% vs 2023 (€ 49,158) Unchanged	€ 47,121 Dividend 2025: € 47,121 ▲ € 45,403 vs 2024 (€ 1,718) Unchanged	▲ € 45,403
Bank debt	€ 2,197,851 Bank debt 2022: € 2,197,851 First fiscal year in the series	€ 2,395,218 Bank debt 2023: € 2,395,218 ▲ 9% vs 2022 (€ 2,197,851) Unfavourable step	€ 2,182,196 Bank debt 2024: € 2,182,196 ▼ 9% vs 2023 (€ 2,395,218) Favourable step	€ 1,983,978 Bank debt 2025: € 1,983,978 ▼ 9% vs 2024 (€ 2,182,196) Favourable step	▼ 9%
Balance sheet total	€ 4,157,790 Balance sheet total 2022: € 4,157,790 First fiscal year in the series	€ 4,348,292 Balance sheet total 2023: € 4,348,292 ▲ 5% vs 2022 (€ 4,157,790) Unchanged	€ 4,437,507 Balance sheet total 2024: € 4,437,507 ▲ 2% vs 2023 (€ 4,348,292) Unchanged	€ 4,666,699 Balance sheet total 2025: € 4,666,699 ▲ 5% vs 2024 (€ 4,437,507) Unchanged	▲ 5%
Employees (FTE)	11.5 Employees (FTE) 2022: 11.5 First fiscal year in the series	11.1 Employees (FTE) 2023: 11.1 ▼ 0.4 vs 2022 (11.5) Unchanged	11 Employees (FTE) 2024: 11 ▼ 0.1 vs 2023 (11.1) Unchanged	13.1 Employees (FTE) 2025: 13.1 ▲ 2.1 vs 2024 (11) Unchanged	▲ 2.1

Key figures of WELLEMAN, 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 WELLEMAN?

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

Jun 25, 2026 New annual accounts for financial year 2025: profit of € 120,593 (▼ 47% vs 2024). Source: NBB ↗
2015 Kathy Fiers became a director. NBB
Feb 3, 2003 New establishment in Oostende. KBO
Nov 29, 2002 Start of the company according to the CBE. KBO

In short

From € 438,174 profit in 2022 to € 120,593 profit in 2025.

Paid € 265,801 in corporate taxes since 2022.

Best year ever: 2022, with € 438,174 profit.

On average € 103,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Kathy Fiers

Dimitri Welleman

WELLEMAN

Lika 50%

Behind WELLEMAN are Kathy Fiers and Dimitri Welleman. It owns 50% of Lika itself.

Directors

According to the 2025 annual accounts

Kathy Fiers

Director

Also active at: WEKA CONSTRUCT, DDK INTERIEUR, ZIVI

since 2015

Dimitri Welleman

Director

Also active at: WEKA CONSTRUCT, DDK INTERIEUR, ZIVI

Establishments

Establishment units

Physical locations of this company

Registered office

Kuipweg 11

8400 Oostende

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

LIKA same network

€ 15,345 gross margin · 2025

WEKA CONSTRUCT same network

€ -1,022 gross margin · 2025

DDK INTERIEUR same network

€ 622,687 gross margin · 2025

ZIVI same network

€ 129,919 gross margin · 2025

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

Details

Company number

0478.861.680

VAT number

BE 0478.861.680

Registered office

Kuipweg 11, 8400 Oostende

Names & denominations

WELLEMAN · L.D.W.

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

29 November 2002

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Schrijnwerk

Schrijnwerk van hout of van kunststof

Ontwikkeling van niet-residentiële bouwprojecten

Ontwikkeling van residentiële bouwprojecten

Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗