What does MaWelco do?

MaWelco is an engineering firm in Berlaar. Private Limited, started on 14 December 2018, 1 establishment.

What is the address of MaWelco?

The registered office of MaWelco is located at Legrellestraat 69, 2590 Berlaar.

Is MaWelco still active?

Yes. According to the CBE (31 October 2026) MaWelco is active, legal situation “Normale toestand”, started on 14 December 2018.

Is MaWelco registered on Peppol?

Yes, MaWelco is registered on the Peppol network with ID 0208:0715817834.

What is the enterprise number of MaWelco?

The enterprise number of MaWelco is BE0715817834.

When was MaWelco founded?

MaWelco was founded on 14 December 2018.

Who are the directors of MaWelco?

According to the 2025 annual accounts, the directors of MaWelco are: Matthias Smits.

Is MaWelco a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 December 2018; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MaWelco make in 2025?

MaWelco posted a profit after taxes of € 48,896 in financial year 2025.

What is the revenue of MaWelco?

As a small company, MaWelco is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 62,978.

MaWelco (Private Limited) - Berlaar - BE0715817834

Dossier MaWelco, printed on 31 October 2026 from databakkes.be/en/0715817834/mawelco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MaWelco from Berlaar, company number BE0715817834, closed financial year 2025 with a result of € 48,896 after tax. For that financial year MaWelco recorded a gross margin of € 62,978 and equity of € 18,600. Compared with financial year 2024, the result moved from € 46,839 to € 48,896. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 17, 2026.

What it is worth Healthy

€ 18,600

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 48,896

▲ 4% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 65,964

▲ 9% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 48,896 paid out

100 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 1,912

▼ 31% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 611

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 2,848

▼ 16% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 13,065

▲ 14% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 30,657 Gross margin 2022: € 30,657 First fiscal year in the series	€ 41,179 Gross margin 2023: € 41,179 ▲ 34% vs 2022 (€ 30,657) Favourable step	€ 59,988 Gross margin 2024: € 59,988 ▲ 46% vs 2023 (€ 41,179) Favourable step	€ 62,978 Gross margin 2025: € 62,978 ▲ 5% vs 2024 (€ 59,988) Favourable step	▲ 5%
Profit after taxes	€ 23,804 Profit after taxes 2022: € 23,804 First fiscal year in the series	€ 32,177 Profit after taxes 2023: € 32,177 ▲ 35% vs 2022 (€ 23,804) Favourable step	€ 46,839 Profit after taxes 2024: € 46,839 ▲ 46% vs 2023 (€ 32,177) Favourable step	€ 48,896 Profit after taxes 2025: € 48,896 ▲ 4% vs 2024 (€ 46,839) Favourable step	▲ 4%
Equity	€ 28,800 Equity 2022: € 28,800 First fiscal year in the series	€ 18,600 Equity 2023: € 18,600 ▼ 35% vs 2022 (€ 28,800) Unfavourable step	€ 18,600 Equity 2024: € 18,600 Unchanged (€ 18,600) Unchanged	€ 18,600 Equity 2025: € 18,600 Unchanged (€ 18,600) Unchanged
Total debts	€ 59,340 Total debts 2022: € 59,340 First fiscal year in the series	€ 59,057 Total debts 2023: € 59,057 Unchanged (€ 59,340) Favourable step	€ 61,675 Total debts 2024: € 61,675 ▲ 4% vs 2023 (€ 59,057) Unfavourable step	€ 65,421 Total debts 2025: € 65,421 ▲ 6% vs 2024 (€ 61,675) Unfavourable step	▲ 6%
Cash	€ 72,138 Cash 2022: € 72,138 First fiscal year in the series	€ 66,268 Cash 2023: € 66,268 ▼ 8% vs 2022 (€ 72,138) Unfavourable step	€ 60,569 Cash 2024: € 60,569 ▼ 9% vs 2023 (€ 66,268) Unfavourable step	€ 65,964 Cash 2025: € 65,964 ▲ 9% vs 2024 (€ 60,569) Favourable step	▲ 9%
Retained profit	€ 10,200 Retained profit 2022: € 10,200 First fiscal year in the series	€ 0 Retained profit 2023: € 0 ▼ 100% vs 2022 (€ 10,200) Unfavourable step	€ 0 Retained profit 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Retained profit 2025: € 0 Unchanged (€ 0) Unchanged
Dividend	€ 50,000 Dividend 2022: € 50,000 First fiscal year in the series	€ 42,376 Dividend 2023: € 42,376 ▼ 15% vs 2022 (€ 50,000) Unchanged	€ 46,839 Dividend 2024: € 46,839 ▲ 11% vs 2023 (€ 42,376) Unchanged	€ 48,896 Dividend 2025: € 48,896 ▲ 4% vs 2024 (€ 46,839) Unchanged	▲ 4%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 611 Bank debt 2025: € 611 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 88,140 Balance sheet total 2022: € 88,140 First fiscal year in the series	€ 77,657 Balance sheet total 2023: € 77,657 ▼ 12% vs 2022 (€ 88,140) Unchanged	€ 80,275 Balance sheet total 2024: € 80,275 ▲ 3% vs 2023 (€ 77,657) Unchanged	€ 84,021 Balance sheet total 2025: € 84,021 ▲ 5% vs 2024 (€ 80,275) Unchanged	▲ 5%

Key figures of MaWelco, 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 MaWelco?

What happened at MaWelco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Feb 17, 2026 New annual accounts for financial year 2025: profit of € 48,896 (▲ 4% vs 2024). Source: NBB ↗
Jan 1, 2019 New establishment in Berlaar. KBO
Dec 14, 2018 Start of the company according to the CBE. KBO

In short

From € 23,804 profit in 2022 to € 48,896 profit in 2025.

Paid € 39,232 in corporate taxes since 2022.

Best year ever: 2025, with € 48,896 profit.

Paid out € 188,112 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Matthias Smits

MaWelco

Behind MaWelco is Matthias Smits.

Directors

According to the 2025 annual accounts

Matthias Smits

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Legrellestraat 69

2590 Berlaar

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0715.817.834

VAT number

BE 0715.817.834

Registered office

Legrellestraat 69, 2590 Berlaar

Names & denominations

MaWelco

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

14 December 2018

Peppol

Active · Active since 9 Jul 2025

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View on CBE Public ↗ Annual accounts (NBB) ↗

MaWelco

Financials

What happened to MaWelco?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions