Financials
Financial year 2025
WELACO from Ninove, company number BE0886681255, closed financial year 2025 with a result of € 319,886 after tax. For that financial year WELACO recorded a gross margin of € 476,759 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 141,740 to € 319,886. 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 August 18, 2026.
€ 1.5 million
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 319,886
▲ 126% vs 2024
Profit after tax over the fiscal year.
€ 750,871
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.5 million.
People and assets in 2025
€ 1,986
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 31,315
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 62,444
▼ 33% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 215,972 | € 264,042 | € 206,899 | € 476,759 | ▲ 130% |
| Profit after taxes | € 154,295 | € 188,370 | € 141,740 | € 319,886 | ▲ 126% |
| Equity | € 1,392,752 | € 1,581,122 | € 1,222,863 | € 1,542,749 | ▲ 26% |
| Total debts | € 122,216 | € 126,958 | € 602,209 | € 93,759 | ▼ 84% |
| Cash | € 789,261 | € 941,006 | € 1,236,674 | € 750,871 | ▼ 39% |
| Retained profit | € 1,386,552 | € 1,574,922 | € 1,216,663 | € 1,536,549 | ▲ 26% |
| Dividend | € 0 | € 0 | € 500,000 | € 0 | ▼ 100% |
| Balance sheet total | € 1,514,968 | € 1,708,080 | € 1,825,072 | € 1,636,508 | ▼ 10% |
By gross margin, WELACO ranks 3rd of 94 companies with main activity “Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies” in Ninove that publish figures (fiscal year 2025).
Key figures of WELACO, 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.
Ask about WELACO the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to WELACO?
What happened at WELACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 319,886 (▲ 126% vs 2024). filed late Source: NBB ↗
- New establishment in Ninove. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- WERNER LAPAGE became a director. NBB
In short
From € 154,295 profit in 2022 to € 319,886 profit in 2025.
Paid € 366,989 in corporate taxes since 2022.
Best year ever: 2025, with € 319,886 profit.
Paid out € 500,000 in dividends to the owners in total.
Management
Behind WELACO is WERNER LAPAGE. WERNER LAPAGE is also behind BDO ACCOUNTANTS & BELASTINGADVISEURS.
Directors
According to the 2025 annual accounts
since 2007
Establishments
Establishment units
Physical locations of this company
Leopoldlaan 110
9400 Ninove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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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 ↗- Werner Albert Jozef LAPAGE(oprichter) 99%
- Lieve Julienne Jozef FOUTRE(oprichter) 1%
Details
- Company number
- 0886.681.255
- VAT number
- BE 0886.681.255
- Registered office
- Leopoldlaan 110, 9400 Ninove
- Names & denominations
- WELACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 2007
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
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