Financials
Financial year 2025
WELS VERWARMING from Bree, company number BE0646729385, closed financial year 2025 with a result of € 10,004 after tax. For that financial year WELS VERWARMING recorded a gross margin of € 26,645 and equity of € 96,408. Compared with financial year 2024, the result moved from € -980 to € 10,004. 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 January 29, 2026.
€ 96,408
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,004
▲ still € 980 loss in 2024
Profit after tax over the fiscal year.
€ 48,659
▲ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 84,008.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 518
▼ 3% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 4,698
▼ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,075
▲ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,393
▲ 54% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,697 | € 12,304 | € 14,975 | € 26,645 | ▲ 78% |
| Profit after taxes | € 152 | € 7 | € -980 | € 10,004 | ▲ € 10,984 |
| Equity | € 87,376 | € 87,383 | € 86,403 | € 96,408 | ▲ 12% |
| Total debts | € 35,275 | € 19,447 | € 10,789 | € 11,969 | ▲ 11% |
| Cash | € 40,921 | € 39,677 | € 32,952 | € 48,659 | ▲ 48% |
| Land & buildings | € 1,008 | € 3,128 | € 7,738 | € 6,915 | ▼ 11% |
| Retained profit | € 74,976 | € 74,983 | € 74,003 | € 84,008 | ▲ 14% |
| Bank debt | € 21,941 | € 12,805 | € 3,548 | € 0 | ▼ 100% |
| Balance sheet total | € 122,651 | € 106,830 | € 97,192 | € 108,376 | ▲ 12% |
Key figures of WELS VERWARMING, 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 WELS VERWARMING?
What happened at WELS VERWARMING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,004. Source: NBB ↗
- New establishment in Bree. KBO
- Start of the company according to the CBE. KBO
- Bart Wels became a director. NBB
In short
From € 152 profit in 2022 to € 10,004 profit in 2025.
Paid € 10,651 in corporate taxes since 2022.
Best year ever: 2025, with € 10,004 profit.
Management
Behind WELS VERWARMING is Bart Wels.
Directors
According to the 2025 annual accounts
Bart Wels
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Boneputstraat 56
3960 Bree
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0646.729.385
- VAT number
- BE 0646.729.385
- Registered office
- Boneputstraat 56, 3960 Bree
- Names & denominations
- WELS VERWARMING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2016
- Peppol
- Active · Active since 28 Nov 2025
- Contact
- [email protected]
- Activities · NACE
Reparatie en onderhoud van producten van metaal
Algemene elektrotechnische installatiewerken
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Sanitaire werkzaamheden