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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Wellington Fresh from Gistel, company number BE0740707935, closed financial year 2025 with a result of € -55,972 after tax. For that financial year Wellington Fresh recorded a gross margin of € 11,303 and equity of € -275,486. Compared with financial year 2024, the result moved from € -64,829 to € -55,972. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ -275,486
▼ € 55,972 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -55,972
▲ 14 % less loss than in 2024
Profit after tax over the fiscal year.
€ 47
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -325,486.
Debts at end 2025
€ 571,839
▼ 3% vs 2024
€ 18,740 is repaid this year. At this pace the long-term loan is gone in ≈ 28 years.
€ 17,998
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,143
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 48,772 | € 40,990 | € 25,188 | € 11,303 | ▼ 55% |
| Profit after taxes | € -23,539 | € -26,285 | € -64,829 | € -55,972 | ▲ € 8,857 |
| Equity | € -128,399 | € -154,684 | € -219,513 | € -275,486 | ▼ € 55,972 |
| Total debts | € 921,260 | € 893,799 | € 912,218 | € 902,981 | ▼ 1% |
| Cash | € 4,557 | € 1,530 | € 1,219 | € 47 | ▼ 96% |
| Land & buildings | € 725,194 | € 683,228 | € 641,261 | € 601,692 | ▼ 6% |
| Retained profit | € -178,399 | € -204,684 | € -269,513 | € -325,486 | ▼ € 55,972 |
| Bank debt | € 654,936 | € 625,762 | € 592,063 | € 571,839 | ▼ 3% |
| Balance sheet total | € 792,861 | € 739,114 | € 692,705 | € 627,495 | ▼ 9% |
Key figures of Wellington Fresh, 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 Wellington Fresh?
What happened at Wellington Fresh in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 55,972. Source: NBB ↗
- New establishment in Gistel. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,539 loss in 2022 to € 55,972 loss in 2025.
Management
Behind Wellington Fresh are Vicky Marjory and Michaël Van Poucke.
Directors
According to the 2025 annual accounts
Vicky Marjory
Director
Michaël Van Poucke
Director
Establishments
Establishment units
Physical locations of this company
Tarwestraat 22
8470 Gistel
Dorpsstraat 105
8470 Gistel
Active since 3 January 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0740.707.935
- VAT number
- BE 0740.707.935
- Registered office
- Tarwestraat 22, 8470 Gistel
- Names & denominations
- Wellington Fresh
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2020
- Peppol
- Active · Active since 22 Oct 2024
- Activities · NACE
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)