Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WELV'EYE from Knokke-Heist, company number BE0740685169, closed financial year 2025 with a result of € 26,313 after tax. For that financial year WELV'EYE recorded a gross margin of € 41,721 and equity of € 275,400. Compared with financial year 2024, the result moved from € 14,841 to € 26,313. 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 October 26, 2026.
€ 275,400
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today. At incorporation the founders contributed € 45,000 in kind: shares or other assets, valued in the deed.
€ 26,313
▲ 77% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 230,300.
Debts at end 2025
€ 60,568
▼ 37% vs 2024
Loans from banks and other lenders, long and short.
€ 13,698
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,290
▲ 49% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 52,993 | € 55,206 | € 28,709 | € 41,721 | ▲ 45% |
| Profit after taxes | € 37,008 | € 87,126 | € 14,841 | € 26,313 | ▲ 77% |
| Equity | € 147,121 | € 234,246 | € 249,087 | € 275,400 | ▲ 11% |
| Total debts | € 335,719 | € 246,011 | € 231,000 | € 227,118 | ▼ 2% |
| Cash | € 5,666 | € 1,459 | € 0 | - | |
| Land & buildings | € 1,468 | € 1,039 | € 609 | € 179 | ▼ 71% |
| Retained profit | € 102,021 | € 189,146 | € 203,987 | € 230,300 | ▲ 13% |
| Bank debt | € 194,128 | € 146,061 | € 96,544 | € 60,568 | ▼ 37% |
| Balance sheet total | € 482,840 | € 480,257 | € 480,088 | € 502,518 | ▲ 5% |
Key figures of WELV'EYE, 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 WELV'EYE?
What happened at WELV'EYE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 26,313 (▲ 77% vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Knokke-Heist. KBO
- Lukas Welvaert became a director. NBB
In short
From € 37,008 profit in 2022 to € 26,313 profit in 2025.
Paid € 36,984 in corporate taxes since 2022.
Best year ever: 2023, with € 87,126 profit.
Management
Behind WELV'EYE is Lukas Welvaert. Lukas Welvaert is also behind OPTIEK BUYSE.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Zeetrapper 20
8301 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- WELVAERT Lukas Ward Andreas Willem(oprichter) 100%
Details
- Company number
- 0740.685.169
- VAT number
- BE 0740.685.169
- Registered office
- Zeetrapper 20, 8301 Knokke-Heist
- Names & denominations
- WELV'EYE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2020
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Holdings