Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
WELOCATE from Knokke-Heist, company number BE0676916577, closed financial year 2025 with a result of € 120,811 after tax. For that financial year WELOCATE recorded a gross margin of € 319,225 and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 777,224 to € 120,811. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 2.9 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 120,811
▼ 84% vs 2024
Profit after tax over the fiscal year.
€ 860,683
▼ 6% 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 € 2.7 million.
Debts at end 2025
€ 7.5 million
Loans from banks and other lenders, long and short.
€ 399,228
▲ € 396,592 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65,459
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,297,337 | € 1,196,916 | € 1,208,305 | € 319,225 | ▼ 74% |
| Profit after taxes | € 851,901 | € 707,834 | € 777,224 | € 120,811 | ▼ 84% |
| Equity | € 1,288,803 | € 1,996,637 | € 2,773,861 | € 2,894,672 | ▲ 4% |
| Total debts | € 13,478,456 | € 15,934,906 | € 13,367,074 | € 13,953,835 | ▲ 4% |
| Cash | € 417,477 | € 2,174,399 | € 914,477 | € 860,683 | ▼ 6% |
| Retained profit | € 1,088,803 | € 1,796,637 | € 2,573,861 | € 2,694,672 | ▲ 5% |
| Bank debt | € 8,367,750 | € 9,118,375 | € 7,479,462 | € 7,467,866 | |
| Balance sheet total | € 14,767,259 | € 17,931,543 | € 16,140,935 | € 16,848,507 | ▲ 4% |
Key figures of WELOCATE, 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 WELOCATE?
What happened at WELOCATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 120,811 (▼ 84% vs 2024). Source: NBB ↗
- Agentschap Pallen NV became a director. NBB
- Huysman Projects NV became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
- Huysman Properties NV became a director. NBB
In short
From € 851,901 profit in 2022 to € 120,811 profit in 2025.
Paid € 823,432 in corporate taxes since 2022.
Best year ever: 2022, with € 851,901 profit.
A new publication or filing at WELOCATE? 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
The stake of AGENTSCHAP PALLEN, HUYSMAN PROJECTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WELOCATEBehind WELOCATE are Agentschap Pallen NV, Huysman Projects NV and Huysman Properties NV. The shares are held by AGENTSCHAP PALLEN (60%) and HUYSMAN PROJECTS (40%).
Directors
According to the 2025 annual accounts
Managing director · represented by Louis Van Hoorebeke
Also active at: Pallen Sales, Pallen Properties, Belco Construct, WECONSTRUCT, PALLEN CONSTRUCT, IMMO PALLEN, PALLEN INVEST, BELCOFIM +2 more
since 2022
Managing director
Also active at: RAMACO, E.I.M., HUYSMAN PROPERTIES, Huysman Bouw, Huysman Promoties, HAAGWINDE, GHIMMO HUYSMAN INVEST, DE VRIJE CONSTRUCT +2 more
since 2022
Managing director · represented by Dominique Huysman
Also active at: Huysman Bouw, Huysman Promoties, De Vrije
since 2017
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Duinenwater 2
8300 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →AGENTSCHAP PALLEN same network
€ 3.5 million gross margin · 2025
Pallen Properties same network
€ 300,770 gross margin · 2025
LIDO BUILD
€ -5,651 gross margin · 2025
WECONSTRUCT same network
€ 1.5 million gross margin · 2025
CVH
€ 163,589 gross margin · 2025
+17 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
- 0676.916.577
- VAT number
- BE 0676.916.577
- Registered office
- Duinenwater 2, 8300 Knokke-Heist
- Names & denominations
- WELOCATE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2017
- Peppol
- Active · Active since 15 Dec 2025