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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Busy address KBO
31 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
WellPet Belgium from Machelen (Brab.), company number BE0638908811, closed financial year 2024 with a result of € 1.8 million after tax. For that financial year WellPet Belgium recorded revenue of € 49.6 million and equity of € 9.6 million. Compared with financial year 2023, the result moved from € 2.1 million to € 1.8 million. 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 27, 2025.
€ 9.6 million
▲ 23% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.8 million
▼ 13% vs 2023
Profit after tax over the fiscal year.
€ 2.3 million
▼ 12% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 4.2 million.
People and assets in 2024
27.4
▲ 1.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2.7 million
▲ 2% vs 2023
€ 97,200 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.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 4.1 million
▼ 19% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.
€ 2.5 million
▲ 33% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 27,769,956 | € 36,659,422 | € 43,644,049 | € 49,612,328 | ▲ 14% |
| Profit after taxes | € 765,324 | € 968,613 | € 2,058,391 | € 1,800,683 | ▼ 13% |
| Equity | € 4,821,941 | € 5,790,553 | € 7,848,944 | € 9,649,627 | ▲ 23% |
| Total debts | € 9,151,590 | € 9,598,970 | € 9,590,897 | € 9,852,208 | ▲ 3% |
| Cash | € 1,885,393 | € 3,154,252 | € 2,549,698 | € 2,250,921 | ▼ 12% |
| Retained profit | € -578,788 | € 389,824 | € 2,448,215 | € 4,248,898 | ▲ 74% |
| Balance sheet total | € 13,973,530 | € 15,389,523 | € 17,439,841 | € 19,501,835 | ▲ 12% |
| Employees (FTE) | 19.2 | 24 | 26 | 27.4 | ▲ 1.4 |
Key figures of WellPet Belgium, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to WellPet Belgium?
What happened at WellPet Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1.8 million (▼ 13% vs 2023). Source: NBB ↗
- Howlett William Porter Reed became a director. NBB
- New establishment in Machelen (Brab.). KBO
- Retail Consulting Services became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 765,324 profit in 2021 to € 1.8 million profit in 2024.
Paid € 1.2 million in corporate taxes since 2021.
Best year ever: 2023, with € 2.1 million profit.
Pays suppliers within 33 days on average.
A new publication or filing at WellPet Belgium? We notify you, reason included.
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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
Behind WellPet Belgium are Retail Consulting Services and Howlett William Porter Reed. The shares are held by Wellpet LLC (100%) and Wellness Pet Asia Pte Ltd. (f/k/a WellPet Asia Pte Ltd.) (0%).
Directors
According to the 2024 annual accounts
Director · represented by Wim Petermans
Also active at: HUBISCO, AQUATIC SCIENCE
since 2015
Howlett William Porter Reed
Director
since 2021
Shareholders
Wellpet LLC
100%
Wellness Pet Asia Pte Ltd. (f/k/a WellPet Asia Pte Ltd.)
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leonardo da Vincilaan 19
1831 Machelen (Brab.)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 31 companies are registered at this address.
All companies at this address →CHEVRON PHILLIPS CHEMICALS INTERNATIONAL
€ 1.5 billion revenue · 2025
CGI Belgium
€ 24.4 million revenue · 2025
STRYKER
€ 61.1 million revenue · 2025
TARGUS
€ 206,352 gross margin · 2025
ARCADIUS
€ 32,203 gross margin · 2025
+26 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
- 0638.908.811
- VAT number
- BE 0638.908.811
- Registered office
- Leonardo da Vincilaan 19, 1831 Machelen (Brab.)
- Names & denominations
- WellPet Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2015
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
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