NELSON WELDING
ActiveNELSON WELDING has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106k and a net result of €32k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 26% of 1902 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-23
Solvency48▼-40
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.01 against 1.97 in 2024; short-term debt: 14.1% and cash: 8.6% of total assets), but 77.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.6%
Return on assets
6.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-02-2026, 169 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
169 d early
2024
35 d early
2023
33 d early
2022
32 d early
2021
30 d early
2020
29 d early
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€106k▲ 44.0%
2024 · €74k
2018: €36k
2019: €48k
2020: €66k
2021: €96k
2022: €113k
2023: €65k
2024: €74k
2018 → 2025
Total assets
€468k▲ 300%
2024 · €117k
2018: €82k
2019: €85k
2020: €97k
2021: €106k
2022: €146k
2023: €103k
2024: €117k
2018 → 2025
Net result
€32k▼ 2.5%
2024 · €33k
2018: €7k
2019: €13k
2020: €19k
2021: €30k
2022: €19k
2023: €21k
2024: €33k
2018 → 2025
Working capital
€67k▲ 57.5%
2024 · €42k
2018: €-7k
2019: €11k
2020: €15k
2021: €57k
2022: €63k
2023: €24k
2024: €42k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€96k-€113k▲ 18.6%€65k▼ 42.9%€74k▲ 13.6%€106k▲ 44.0%
Operating result€41k-€23k▼ 44.4%€29k▲ 27.6%€45k▲ 55.1%€41k▼ 7.8%
Net result€30k-€19k▼ 38.8%€21k▲ 13.7%€33k▲ 56.9%€32k▼ 2.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €468k
Fixed assets
€336k▲ 971%
Current assets
€132k▲ 54.6%
Equity and liabilities €468k
Equity
€106k▲ 44.0%
Debt
€362k▲ 736%
The debt ratio rises from 37.1% to 77.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€60k▼
2024 · €63k
Cash flow
€51k▲
2024 · €51k
Solvency
22.6%▼
2024 · 62.9%
Current ratio
2.01▲
2024 · 1.97
Quick ratio
1.38▼
2024 · 1.42
Debt / equity
3.42▲
2024 · 0.59
ROE
30.5%▼
2024 · 45.1%
ROA
6.9%▼
2024 · 28.4%
Interest coverage
6.83▼
2024 · 165.12
Debt
€362k▲
2024 · €43k
Debt ≤ 1 year
€66k▲
2024 · €43k
Debt > 1 year
€296k
Income taxes
€221▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€117k€468k▲
Fixed assets21/28€31k€336k▲
Tangible fixed assets22/27€28k€335k▲
Land and buildings22€102€309k▲
Plant, machinery and equipment23€9k€19k▲
Furniture and vehicles24€18k€8k▼
Other tangible fixed assets26€2k€0▼
Financial fixed assets28€3k€544▼
Current assets29/58€86k€132k▲
Stocks and contracts in progress3€24k€42k▲
Stocks30/36€24k€42k▲
Amounts receivable within one year40/41€10k€47k▲
Trade receivables40€6k€15k▲
Other amounts receivable41€3k€32k▲
Cash at bank and in hand54/58€49k€40k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€117k€468k▲
Equity10/15€74k€106k▲
Contributions10/11€20k€19k▼
Reserves13€7k€87k▲
Distributable reserves133€7k€87k▲
Profit (loss) carried forward14€47k€0▼
Amounts payable17/49€43k€362k▲
Amounts payable after more than one year17-€296k
Financial debts170/4-€296k
Amounts payable within one year42/48€43k€66k▲
Current portion of amounts payable after more than one year42€704€20k▲
Trade debts44€171€4k▲
Suppliers440/4€171€4k▲
Other amounts payable47/48€42k€42k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€975€4k▲
Gross operating margin9900€64k€64k▲
Operating profit (loss)9901€45k€41k▼
Financial income75/76B€16€0▼
Recurring financial income75€16€0▼
Financial charges65/66B€380€9k▲
Recurring financial charges65€380€9k▲
Profit (loss) for the period before taxes9903€45k€33k▼
Income taxes67/77€11k€221▼
Profit (loss) for the period9904€33k€32k▼
Profit (loss) for the period to be appropriated9905€33k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€72k€80k▲
Profit (loss) brought forward from the previous period14P€39k€47k▲
Transfer to equity691/2-€80k
To other reserves6921-€80k
Profit to be distributed694/7€24k€0▼
Return on contributions (dividend)694€24k€0▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €106k ▲44%
8 profitable years in a row build equity to €106k.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €33k ▲56.9%
Operating result €45k, net result €33k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €113k ▲18.6%
5 profitable years in a row build equity to €113k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 6.23
Current ratio from 1.54 to 6.23; short-term debt falls from €28k to €11k.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ranst · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Beekvelden 62520 RanstGround area
1,339 m²
Building footprint
212 m²
Volume, LiDAR
933 m³
2 parcels, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NELSON WELDING
since 20162.253.417.589
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11035C0030/00R000 | Flanders | 1,033 m² | 1 · 212 m² | 6.8 m · 1 fl. |
| 11035B2537/00G000 | Flanders | 306 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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DE SMESSE
BE 0465.434.506
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HERREBOSCH CONSTRUCT
BE 0685.925.107
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GGS
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Of 3,463 companies in sector 25530 we hold annual accounts for 1,658. 1,262 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2016
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
25110Manufacture of metal structures and parts of structures
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.