Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2024
WELSCH & CIE from Mouscron, company number BE0673996976, closed financial year 2024 with a result of € -239,471 after tax. For that financial year WELSCH & CIE recorded a gross margin of € -68,652 and equity of € 97,698. Compared with financial year 2023, the result moved from € -225,413 to € -239,471. The company made a loss. The buffer shrank hard: equity is 71 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 25, 2025.
€ 97,698
▼ 71% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -239,471
▼ 6 % more loss than in 2023
Profit after tax over the fiscal year.
€ 89,444
▲ 10% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 85,298.
People and assets in 2024
€ 43,816
▲ 276% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 356,306
▼ 3% vs 2023
€ 16,487 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 1.1 million
▼ 16% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 118,804 | € 277,342 | € -69,573 | € -68,652 | ▲ € 922 |
| Profit after taxes | € -6,682 | € 49,198 | € -225,413 | € -239,471 | ▼ € 14,058 |
| Equity | € 513,385 | € 562,583 | € 337,170 | € 97,698 | ▼ 71% |
| Total debts | € 2,776,853 | € 2,421,103 | € 1,735,111 | € 1,477,182 | ▼ 15% |
| Cash | € 618,609 | € 67,548 | € 81,648 | € 89,444 | ▲ 10% |
| Land & buildings | € 968,056 | € 927,739 | € 882,221 | € 836,704 | ▼ 5% |
| Retained profit | € 499,125 | € 548,323 | € 324,770 | € 85,298 | ▼ 74% |
| Dividend | € 71,429 | € 0 | € 0 | € 0 | |
| Bank debt | € 423,078 | € 395,745 | € 367,994 | € 356,306 | ▼ 3% |
| Balance sheet total | € 4,202,238 | € 3,895,685 | € 2,984,281 | € 2,486,880 | ▼ 17% |
Key figures of WELSCH & CIE, 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 WELSCH & CIE?
What happened at WELSCH & CIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 239,471. Source: NBB ↗
- Jérémy Welsch became a director. NBB
- New establishment in Mouscron. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,682 loss in 2021 to € 239,471 loss in 2024.
Paid € 30,550 in corporate taxes since 2021.
Best year ever: 2022, with € 49,198 profit.
Paid out € 71,429 in dividends to the owners in total.
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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
Directors
According to the 2024 annual accounts
Jérémy Welsch
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Koningin Astridlaan 107
7700 Mouscron
Sint Paulusdoorgang 16
7700 Mouscron
Active since 7 April 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0673.996.976
- VAT number
- BE 0673.996.976
- Registered office
- Koningin Astridlaan 107, 7700 Mouscron
- Names & denominations
- WELSCH & CIE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 2017
- Peppol
- Active · Active since 27 Aug 2026
- Contact
- [email protected] 0470931115
- Activities · NACE
Handelsbemiddeling in de niet-gespecialiseerde groothandel