Active · per the CBE, 19 September 2026

WELLENSCO

BE0870958347

Rechtspersoon Private limited company 1 establishment

WELLENSCO is a butcher in Deinze. Private Limited, started on 4 January 2005, 1 establishment.

Hoelmeerschpad 1, 9850 Deinze

Behind the company: Philippe Wellens.

Active for

21 year, 8 months

Financials

Financial year 2025

WELLENSCO from Deinze, company number BE0870958347, closed financial year 2025 with a result of € 241,007 after tax. For that financial year WELLENSCO recorded a gross margin of € 378,679 and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 205,102 to € 241,007. 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 July 31, 2026.

What it is worth Growing

€ 2.2 million

▲ 12% vs 2024

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

Profit Growing

€ 241,007

▲ 18% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 70,858

▼ 54% vs 2024

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

Where the profit goes Pays out

€ 5,000 paid out

2 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 132,732

▲ € 131,516 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 7 years to go

€ 848,293

▲ 169% vs 2024

€ 115,728 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 81,028

▲ € 64,351 vs 2024

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

Taxes

€ 20,482

▼ 1% 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 € 221,969 € 207,199 € 251,287 € 378,679 ▲ 51%
Profit after taxes € 118,375 € 1,122,242 € 205,102 € 241,007 ▲ 18%
Equity € 790,056 € 1,912,297 € 1,963,011 € 2,199,019 ▲ 12%
Total debts € 816,884 € 829,430 € 544,183 € 951,548 ▲ 75%
Cash € 44,200 € 6,113 € 154,171 € 70,858 ▼ 54%
Land & buildings € 1,347,691 € 1,230,982 € 1,197,099 € 665,413 ▼ 44%
Retained profit € 577,303 € 1,699,544 € 1,750,258 € 1,986,266 ▲ 13%
Dividend € 0 € 0 € 154,389 € 5,000 ▼ 97%
Bank debt € 417,965 € 343,187 € 315,812 € 848,293 ▲ 169%
Balance sheet total € 1,633,983 € 2,767,868 € 2,532,467 € 3,150,567 ▲ 24%

Key figures of WELLENSCO, 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 WELLENSCO?

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

  • New annual accounts for financial year 2025: profit of € 241,007 (▲ 18% vs 2024). Source: NBB ↗
  • New establishment in Deinze. KBO
  • Start of the company according to the CBE. KBO

In short

From € 118,375 profit in 2022 to € 241,007 profit in 2025.

Paid € 272,337 in corporate taxes since 2022.

Best year ever: 2023, with € 1.1 million profit.

Paid out € 159,389 in dividends to the owners in total.

Management

Philippe Wellens

Behind WELLENSCO is Philippe Wellens. Philippe Wellens is also behind PHIN-MARKET, Freco Retail, PHIN-FOOD, PHIN-MEAT and Phin-Carne.

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Directors

According to the 2025 annual accounts

Philippe Wellens

Director

Also active at: PHIN-MARKET, Freco Retail, PHIN-FOOD, PHIN-MEAT, Phin-Carne, Waregem Hotel A

Establishments

Establishment units

Physical locations of this company

Registered office

Hoelmeerschpad 1

9850 Deinze

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

Details

Company number
0870.958.347
VAT number
BE 0870.958.347
Registered office
Hoelmeerschpad 1, 9850 Deinze
Names & denominations
WELLENSCO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
4 January 2005
Peppol
Active · Active since 20 Nov 2025
Activities · NACE

Detailhandel in vlees en vleesproducten, muv vlees van wild en van gevogelte

Activiteiten van holdings

Handelsbemiddeling in de groothandel in voedings- en genotmiddelen

Activiteiten van slachthuizen

Verwerking en conservering van vlees, exclusief vlees van gevogelte

Holdings

Frequently asked questions

What does WELLENSCO do?
WELLENSCO is a butcher in Deinze. Private Limited, started on 4 January 2005, 1 establishment.
What is the address of WELLENSCO?
The registered office of WELLENSCO is located at Hoelmeerschpad 1, 9850 Deinze.
Is WELLENSCO still active?
Yes. According to the CBE (19 September 2026) WELLENSCO is active, legal situation “Normale toestand”, started on 4 January 2005.
Is WELLENSCO registered on Peppol?
Yes, WELLENSCO is registered on the Peppol network with ID 0208:0870958347.
What is the enterprise number of WELLENSCO?
The enterprise number of WELLENSCO is BE0870958347.
When was WELLENSCO founded?
WELLENSCO was founded on 4 January 2005.