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 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WeLift from Waregem, company number BE0682481409, closed financial year 2025 with a result of € 460,689 after tax. For that financial year WeLift recorded a gross margin of € 5.7 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 823,459 to € 460,689. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 2.5 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 460,689
▼ 44% vs 2024
Profit after tax over the fiscal year.
€ 11,557
▼ 87% 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 € 1.5 million.
Debts at end 2025
€ 17.7 million
▼ 11% vs 2024
€ 1.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1.2 million
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 90,870
▼ 58% vs 2024
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 | € 4,507,427 | € 4,173,598 | € 5,577,739 | € 5,749,510 | ▲ 3% |
| Profit after taxes | € -172,670 | € 289,296 | € 823,459 | € 460,689 | ▼ 44% |
| Equity | € 906,128 | € 1,195,424 | € 2,018,882 | € 2,479,571 | ▲ 23% |
| Total debts | € 13,053,384 | € 12,943,662 | € 21,475,754 | € 18,973,255 | ▼ 12% |
| Cash | € 477,515 | € 1,026,703 | € 87,396 | € 11,557 | ▼ 87% |
| Retained profit | € -93,872 | € 195,424 | € 1,018,882 | € 1,479,571 | ▲ 45% |
| Bank debt | € 12,801,280 | € 11,768,436 | € 19,903,108 | € 17,667,377 | ▼ 11% |
| Balance sheet total | € 13,959,512 | € 14,139,086 | € 23,494,637 | € 21,452,827 | ▼ 9% |
Key figures of WeLift, 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 WeLift?
What happened at WeLift in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 460,689 (▼ 44% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
- Jacques Catinot became a director. NBB
- Dirk Naessens became a director. NBB
- Frédéric Naessens became a director. NBB
In short
From € 172,670 loss in 2022 to € 460,689 profit in 2025.
Paid € 473,808 in corporate taxes since 2022.
Best year ever: 2024, with € 823,459 profit.
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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 VERTIMAC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WeLiftBehind WeLift are Jacques Catinot, Dirk Naessens and Frédéric Naessens. The shares are held by VERTIMAC (57.5%). It owns 100% of Altitop France SARL itself.
Directors
According to the 2025 annual accounts
Jacques Catinot
Director
since 2017
since 2017
since 2017
Shareholders
57.5%
Participations
Altitop France SARL
100%
Establishments
Establishment units
Physical locations of this company
Industrielaan 30
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
vertimac.com
Registered
2011-02-12
Registrar
Key-Systems GmbH
Expires
2027-02-12
Website info
Features
Security
Network
Details
- Company number
- 0682.481.409
- VAT number
- BE 0682.481.409
- Registered office
- Industrielaan 30, 8790 Waregem
- Names & denominations
- WeLift
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 2017
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- vertimac.com +32 56 612 666
- Activities · NACE
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Groothandel in niet-elektrische huishoudelijke artikelen