Financials
Financial year 2025
WELAKO from Kortrijk, company number BE0508580995, closed financial year 2025 with a result of € 211,889 after tax. For that financial year WELAKO recorded a gross margin of € 321,270 and equity of € 655,286. Compared with financial year 2024, the result moved from € 121,157 to € 211,889. 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 December 12, 2025.
€ 655,286
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 211,889
▲ 75% vs 2024
Profit after tax over the fiscal year.
€ 352,485
▲ 291% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 94,241 paid out
44 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,770
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 34,276
▲ 46% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 161,265 | € 261,495 | € 185,956 | € 321,270 | ▲ 73% |
| Profit after taxes | € 91,408 | € 168,333 | € 121,157 | € 211,889 | ▲ 75% |
| Equity | € 624,571 | € 564,241 | € 537,638 | € 655,286 | ▲ 22% |
| Total debts | € 41,601 | € 279,369 | € 174,003 | € 143,473 | ▼ 18% |
| Cash | € 127,683 | € 378,422 | € 90,045 | € 352,485 | ▲ 291% |
| Land & buildings | € 498,002 | € 311,606 | € 299,581 | € 287,556 | ▼ 4% |
| Retained profit | € 605,971 | € 545,641 | € 519,038 | € 636,686 | ▲ 23% |
| Dividend | € 1,600 | € 228,663 | € 147,760 | € 94,241 | ▼ 36% |
| Balance sheet total | € 666,172 | € 843,609 | € 711,641 | € 798,759 | ▲ 12% |
Key figures of WELAKO, 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 April 2027.
What happened to WELAKO?
What happened at WELAKO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 211,889 (▲ 75% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Carine Vuylsteke became a director. NBB
- John Laebens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 91,408 profit in 2022 to € 211,889 profit in 2025.
Paid € 261,237 in corporate taxes since 2022.
Best year ever: 2025, with € 211,889 profit.
Paid out € 472,265 in dividends to the owners in total.
Management
Behind WELAKO are Carine Vuylsteke and John Laebens. John Laebens is also behind THERIMO.
Directors
According to the 2025 annual accounts
Carine Vuylsteke
Director
since 2012
since 2012
Establishments
Establishment units
Physical locations of this company
Lagaeplein(Heu) 11/32
8501 Kortrijk
Lagaeplein(Heu) 11 box 32
8501 Kortrijk
Active since 1 January 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0508.580.995
- VAT number
- BE 0508.580.995
- Registered office
- Lagaeplein(Heu) 11/32, 8501 Kortrijk
- Names & denominations
- WELAKO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2012
- Peppol
- Active · Active since 22 Oct 2025
- Activities · NACE
Activiteiten van hoofdkantoren