Active · per the CBE, 29 October 2026

WELMAC

BE0821590394

Rechtspersoon Public limited company 2 establishments

WELMAC is a joinery in Zutendaal. Public Limited, started on 16 December 2009, 2 establishments.

Langendijkstraat 8, 3690 Zutendaal

Active for

16 year, 10 months

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 48 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

WELMAC from Zutendaal, company number BE0821590394, closed financial year 2025 with a result of € -158,858 after tax. For that financial year WELMAC recorded revenue of € 11.1 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 184,790 to € -158,858. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.

What it is worth Healthy

€ 1.4 million

▼ 10% vs 2024

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

Loss Caution

€ -158,858

▼ still € 184,790 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 51,367

▼ 55% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 372,041.

People and assets in 2025

Full-time equivalents

66.3

▼ 2.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 3.8 million

▼ 10% vs 2024

€ 57,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1.3 million

▼ 2% vs 2024

Of which on lease € 1.2 million.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 2.2 million

▲ 4% vs 2024

€ 297,851 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 782,168

▲ 1% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 41 days on average.

Taxes and wages

€ 502,133

▼ 18% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 13,044,591 € 13,495,632 € 13,637,109 € 11,121,308 ▼ 18%
Profit after taxes € 49,024 € 147,515 € 184,790 € -158,858 ▼ € 343,647
Equity € 1,223,594 € 1,371,109 € 1,555,898 € 1,397,041 ▼ 10%
Total debts € 3,441,737 € 3,246,616 € 3,716,898 € 3,975,445 ▲ 7%
Cash € 76,764 € 305,871 € 114,239 € 51,367 ▼ 55%
Land & buildings € 362,419 € 310,739 € 269,225 € 216,568 ▼ 20%
Retained profit € 198,594 € 346,109 € 530,898 € 372,041 ▼ 30%
Bank debt € 1,589,910 € 1,413,331 € 2,145,281 € 2,225,974 ▲ 4%
Balance sheet total € 4,665,331 € 4,617,724 € 5,272,796 € 5,372,486 ▲ 2%
Employees (FTE) 65.3 65.9 68.7 66.3 ▼ 2.4

Key figures of WELMAC, 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 WELMAC?

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

  • Karel Stassen stepped down as director. NBB
  • Paul Vliegen stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 158,858 (▼ € 343,647 vs 2024). Source: NBB ↗
  • Karel Stassen became a director. NBB
  • Paul Vliegen became a director. NBB
  • New establishment in Zemst. KBO
  • New establishment in Zutendaal. KBO
  • Start of the company according to the CBE. KBO

In short

From € 49,024 profit in 2022 to € 158,858 loss in 2025.

Paid € 172,955 in corporate taxes since 2022.

Best year ever: 2024, with € 184,790 profit.

Pays suppliers within 41 days on average.

Management

Directors

According to the 2025 annual accounts

Karel Stassen

Director

Also active at: KAPA

since 2022 · until 2028

Paul Vliegen

Director

Also active at: KAPA

since 2022 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Langendijkstraat 8

3690 Zutendaal

2.260.715.949

Brusselsesteenweg 445

1980 Zemst

Active since 1 October 2016

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
0821.590.394
VAT number
BE 0821.590.394
Registered office
Langendijkstraat 8, 3690 Zutendaal
Names & denominations
WELMAC
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
16 December 2009
Peppol
Active · Active since 16 Dec 2025
Activities · NACE

Vervaardiging van houten deuren en vensters

Groothandel in andere machines en werktuigen, neg

Vervaardiging van ander schrijn- en timmerwerk

Groothandel in andere machines en werktuigen, n.e.g.

Schrijnwerk

Verhuur en lease van andere machines en werktuigen en andere materiële goederen

Frequently asked questions

What does WELMAC do?
WELMAC is a joinery in Zutendaal. Public Limited, started on 16 December 2009, 2 establishments.
What is the address of WELMAC?
The registered office of WELMAC is located at Langendijkstraat 8, 3690 Zutendaal.
Is WELMAC still active?
Yes. According to the CBE (29 October 2026) WELMAC is active, legal situation “Normale toestand”, started on 16 December 2009.
Is WELMAC registered on Peppol?
Yes, WELMAC is registered on the Peppol network with ID 0208:0821590394.
What is the enterprise number of WELMAC?
The enterprise number of WELMAC is BE0821590394.
When was WELMAC founded?
WELMAC was founded on 16 December 2009.