Active · per the CBE, 19 September 2026

WELBA

BE0818021388

Rechtspersoon Private limited company 1 establishment

WELBA is a plumber in Izegem. Private Limited, started on 25 August 2009, 1 establishment.

Ghistelstraat 3, 8870 Izegem

Behind the company: Kurt BAEKELANDT.

Active for

17 year

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Figures corrected NBB

    Corrected annual account filed for 2022.

Financials

Financial year 2025

WELBA from Izegem, company number BE0818021388, closed financial year 2025 with a result of € 6,303 after tax. For that financial year WELBA recorded a gross margin of € 12,229 and equity of € 91,473. Compared with financial year 2024, the result moved from € -17,869 to € 6,303. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 15, 2025.

What it is worth Healthy

€ 91,473

▼ 7% vs 2024

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

Profit Growing

€ 6,303

▲ still € 17,869 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 70,825

▲ € 62,944 vs 2024

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

Where the profit goes Pays out

€ 13,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents estimate

≈ 1

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

Vehicles and equipment

€ 10,053

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 10,843

▲ 92% vs 2024

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

Taxes

€ 630

▼ 73% vs 2024

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

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 4,334 € 8,532 € -13,108 € 12,229 ▲ € 25,337
Profit after taxes € -7,235 € -910 € -17,869 € 6,303 ▲ € 24,172
Equity € 163,449 € 162,539 € 98,170 € 91,473 ▼ 7%
Total debts € 37,048 € 21,225 € 65,949 € 95,144 ▲ 44%
Cash € 21,851 € 11,498 € 7,880 € 70,825 ▲ € 62,944
Land & buildings € 52,250 € 47,500 € 47,500 -
Retained profit € 146,097 € 145,187 € 80,818 € 74,121 ▼ 8%
Dividend € 0 € 0 € 46,500 € 13,000 ▼ 72%
Balance sheet total € 200,497 € 183,764 € 164,119 € 186,616 ▲ 14%

Key figures of WELBA, 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 January 2027.

What happened to WELBA?

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

  • New annual accounts for financial year 2025: profit of € 6,303. Source: NBB ↗
  • New establishment in Izegem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 7,235 loss in 2022 to € 6,303 profit in 2025.

Paid € 2,066 in corporate taxes since 2022.

Best year ever: 2025, with € 6,303 profit.

Paid out € 59,500 in dividends to the owners in total.

Management

Kurt BAEKELANDT
WELBA

Behind WELBA is Kurt BAEKELANDT.

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Directors

According to the 2025 annual accounts

Kurt BAEKELANDT

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Ghistelstraat 3

8870 Izegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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.

Details

Company number
0818.021.388
VAT number
BE 0818.021.388
Registered office
Ghistelstraat 3, 8870 Izegem
Names & denominations
WELBA
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
25 August 2009
Peppol
Active · Active since 30 Jan 2025
Activities · NACE

Sanitaire werkzaamheden

Activiteiten van holdings

Ontwikkeling van residentiële bouwprojecten

Overige gespecialiseerde bouwactiviteiten, neg

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Restaureren van bouwwerken

Holdings

Frequently asked questions

What does WELBA do?
WELBA is a plumber in Izegem. Private Limited, started on 25 August 2009, 1 establishment.
What is the address of WELBA?
The registered office of WELBA is located at Ghistelstraat 3, 8870 Izegem.
Is WELBA still active?
Yes. According to the CBE (19 September 2026) WELBA is active, legal situation “Normale toestand”, started on 25 August 2009.
Is WELBA registered on Peppol?
Yes, WELBA is registered on the Peppol network with ID 0208:0818021388.
What is the enterprise number of WELBA?
The enterprise number of WELBA is BE0818021388.
When was WELBA founded?
WELBA was founded on 25 August 2009.