WEL-BE

Active

Private limited companyfounded 20215 yrs activeRue Clément Delpierre 53, 1310 La Hulpe, BelgiumKBO/BCE: BE 0769.461.606

Summary

WEL-BE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119k and a net result of €31k. Equity is growing by ~36.2% per year across the filed fiscal years. Its solvency ranks better than 84% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysis Watch Report Compare

WEL-BEActiveChecked score 95/100

Risk analysis Report Compare

Checked score

Score 2025

95 / 100

Excellent

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability97▲+21

Solvency100=

Growth52▼-26

Track record94

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €11k at 30 days acceptable

Liquidity ample (current ratio 7.1 against 5.14 in 2024; short-term debt: 14% and cash: 72.1% of total assets), and 14% of the assets are financed with debt.

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Activities of head offices; management consultancy activities (NACE 70)

about 69% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

86%

Return on assets

22.6%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

31 d early

2024

128 d early

2023

110 d early

2022

59 d early

2021

126 d early

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€119k▲ 34.4%

2024 · €88k

2021: €38k 2022: €26k▼ -29.8% vs 2021lowest in 5 years 2023: €36k▲ +38.1% vs 2022 2024: €88k▲ +143% vs 2023 2025: €119k▲ +34.4% vs 2024highest in 5 years

2021 → 2025

Total assets

€138k▲ 26.3%

2024 · €109k

2021: €50klowest in 5 years 2022: €109k▲ +118% vs 2021 2023: €84k▼ -22.6% vs 2022 2024: €109k▲ +29.8% vs 2023 2025: €138k▲ +26.3% vs 2024highest in 5 years

2021 → 2025

Net result

€31k▼ 41.0%

2024 · €53k

2021: €40k 2022: €39k▼ -1.4% vs 2021 2023: €11k▼ -72.1% vs 2022lowest in 5 years 2024: €53k▲ +387% vs 2023highest in 5 years 2025: €31k▼ -41.0% vs 2024

2021 → 2025

Working capital

€118k▲ 36.0%

2024 · €86k

2021: €36klowest in 5 years 2022: €45k▲ +23.7% vs 2021 2023: €62k▲ +36.8% vs 2022 2024: €86k▲ +40.3% vs 2023 2025: €118k▲ +36.0% vs 2024highest in 5 years

2021 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€38k-€26k▼ 29.8%€36k▲ 38.1%€88k▲ 143%€119k▲ 34.4% 2021: €38k 2022: €26k▼ -29.8% vs 2021lowest in 5 years 2023: €36k▲ +38.1% vs 2022 2024: €88k▲ +143% vs 2023 2025: €119k▲ +34.4% vs 2024highest in 5 years

Operating result€50k-€60k▲ 19.0%€51k▼ 14.8%€98k▲ 92.1%€41k▼ 57.8% 2021: €50k 2022: €60k▲ +19.0% vs 2021 2023: €51k▼ -14.8% vs 2022 2024: €98k▲ +92.1% vs 2023highest in 5 years 2025: €41k▼ -57.8% vs 2024lowest in 5 years

Net result€40k-€39k▼ 1.4%€11k▼ 72.1%€53k▲ 387%€31k▼ 41.0% 2021: €40k 2022: €39k▼ -1.4% vs 2021 2023: €11k▼ -72.1% vs 2022lowest in 5 years 2024: €53k▲ +387% vs 2023highest in 5 years 2025: €31k▼ -41.0% vs 2024

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 58% below 2024 and is the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €138k

99.1%

Fixed assets €1k ▼ 37.5%

Current assets €137k ▲ 27.5%

Equity and liabilities €138k

86.0%

14.0%

Equity €119k ▲ 34.4%

Debt €19k ▼ 7.6%

Debt's share of the balance-sheet total falls from 19.1% to 14.0%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€42k▼

2024 · €100k

Cash flow

€32k▼

2024 · €54k

Current ratio

7.10▲

2024 · 5.14

Debt to equity

0.16▼

2024 · 0.24

ROE

26.3%▼

2024 · 59.8%

ROA

22.6%▼

2024 · 48.4%

Interest coverage

40.32▲

2024 · 3.12

Debt ≤ 1 year

€19k▼

2024 · €21k

Income taxes

€10k▼

2024 · €13k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines

Balance sheet Code20242025

Assets

Total assets20/58€109k€138k▲

Fixed assets21/28€2k€1k▼

Tangible fixed assets22/27€2k€1k▼

Furniture and vehicles24€2k€1k▼

Current assets29/58€107k€137k▲

Amounts receivable within one year40/41€12k€37k▲

Trade receivables40€11k€35k▲

Other amounts receivable41€342€2k▲

Cash at bank and in hand54/58€86k€99k▲

Deferred charges and accrued income490/1€10k€623▼

Equity and liabilities

Total equity and liabilities10/49€109k€138k▲

Equity10/15€88k€119k▲

Contributions10/11€2k€2k=

Reserves13€85k€115k▲

Distributable reserves133€85k€115k▲

Profit (loss) carried forward14€1k€1k▲

Amounts payable17/49€21k€19k▼

Amounts payable within one year42/48€21k€19k▼

Trade debts44€1k€7k▲

Suppliers440/4€1k€7k▲

Taxes, remuneration and social security45€8k€7k▼

Taxes450/3€8k€7k▼

Other amounts payable47/48€11k€5k▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€739▼

Provisions for liabilities and charges: additions (uses and reversals)635/8€-28k-

Other operating charges640/8€387€400▲

Gross operating margin9900€72k€43k▼

Operating profit (loss)9901€98k€41k▼

Financial income75/76B€164€476▲

Recurring financial income75€164€476▲

Financial charges65/66B€32k€1k▼

Recurring financial charges65€32k€1k▼

Profit (loss) for the period before taxes9903€66k€41k▼

Income taxes67/77€13k€10k▼

Profit (loss) for the period9904€53k€31k▼

Profit (loss) for the period to be appropriated9905€53k€31k▼

Appropriation of the result

Profit (loss) to be appropriated9906€53k€32k▼

Profit (loss) brought forward from the previous period14P-€1k

Transfer to equity691/2€51k€30k▼

To other reserves6921€51k€30k▼

Profit to be distributed694/7€859€833▼

Return on contributions (dividend)694€859€833▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2021	2022	2023	2024	2025	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€253	€1k	€2k	€2k	€739	▼ 51.1%
Provisions for liabilities and charges: additions (uses and reversals)635/8	-	€23k	€5k	€-28k	-	-
Other operating charges640/8	-	€29	-	€387	€400	▲ 3.2%
Gross operating margin9900	€51k	€84k	€58k	€72k	€43k	▼ 40.7%
Operating profit (loss)9901	€50k	€60k	€51k	€98k	€41k	▼ 57.8%
Financial income75/76B	-	-	€0	€164	€476	▲ 190%
Recurring financial income75	€0	-	€0	€164	€476	▲ 190%
Financial charges65/66B	-	€338	€34k	€32k	€1k	▼ 96.7%
Recurring financial charges65	€31	€338	€34k	€32k	€1k	▼ 96.7%
Profit (loss) for the period before taxes9903	€50k	€60k	€17k	€66k	€41k	▼ 38.4%
Income taxes67/77	€11k	€21k	€6k	€13k	€10k	▼ 28.2%
Profit (loss) for the period9904	€40k	€39k	€11k	€53k	€31k	▼ 41.0%
Profit (loss) for the period to be appropriated9905	€40k	€39k	€11k	€53k	€31k	▼ 41.0%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€50k	€109k	€84k	€109k	€138k	▲ 26.3%
Fixed assets21/28	€2k	€5k	€3k	€2k	€1k	▼ 37.5%
Tangible fixed assets22/27	€2k	€5k	€3k	€2k	€1k	▼ 37.5%
Furniture and vehicles24	-	€5k	€3k	€2k	€1k	▼ 37.5%
Current assets29/58	€48k	€104k	€81k	€107k	€137k	▲ 27.5%
Amounts receivable within one year40/41	€22k	€58k	€7k	€12k	€37k	▲ 212%
Trade receivables40	-	€23k	€790	€11k	€35k	▲ 205%
Other amounts receivable41	-	€35k	€6k	€342	€2k	▲ 449%
Cash at bank and in hand54/58	€25k	€44k	€74k	€86k	€99k	▲ 16.2%
Deferred charges and accrued income490/1	-	€1k	€383	€10k	€623	▼ 93.7%
Equity and liabilities
Total equity and liabilities10/49	€50k	€109k	€84k	€109k	€138k	▲ 26.3%
Equity10/15	€38k	€26k	€36k	€88k	€119k	▲ 34.4%
Contributions10/11	-	€2k	€2k	€2k	€2k	=
Outside capital11	-	€2k	-	-	-	-
Other1109/19	-	€2k	-	-	-	-
Reserves13	-	€24k	€34k	€85k	€115k	▲ 35.1%
Distributable reserves133	-	€24k	€34k	€85k	€115k	▲ 35.1%
Profit (loss) carried forward14	€36k	-	-	€1k	€1k	▲ 36.0%
Provisions and deferred taxes16	-	€23k	€28k	-	-	-
Provisions for liabilities and charges160/5	-	€23k	€28k	-	-	-
Other liabilities and charges164/5	-	€23k	€28k	-	-	-
Amounts payable17/49	€12k	€59k	€20k	€21k	€19k	▼ 7.6%
Amounts payable within one year42/48	€11k	€59k	€20k	€21k	€19k	▼ 7.6%
Trade debts44	€382	€2k	€234	€1k	€7k	▲ 479%
Suppliers440/4	-	€2k	€234	€1k	€7k	▲ 479%
Taxes, remuneration and social security45	-	€22k	€11k	€8k	€7k	▼ 10.3%
Taxes450/3	-	€22k	€11k	€8k	€7k	▼ 10.3%
Other amounts payable47/48	-	€35k	€9k	€11k	€5k	▼ 55.8%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€40k	€39k	€11k	€53k	€31k	▼ 41.0%
+ Depreciation and write-downs630	€253	€1k	€2k	€2k	€739	▼ 51.1%
Operating cash flow (approximation)	€40k	€40k	€12k	€54k	€32k	▼ 41.3%
Investment in fixed assets (approximation)	-	€-4k	€0	€-472	€0	▲ 100%
Change in cash	-	€19k	€29k	€12k	€14k	▲ 16.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Timeline · acts, filings and financial milestones

All 9Financial 4Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

30-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Equity above €100kEq €119k ▲34.4%

5 profitable years in a row build equity to €119k.

25-03

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2021net €53k ▲387%

Operating result €98k, net result €53k, both a record.

12-04

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €11k ▼72.1%

Net result drops to €11k, the lowest in the series; recovery starts the following year.

31-12

Financial Liquidity doublescurrent ratio 4.15

Current ratio from 1.76 to 4.15; short-term debt falls from €59k to €20k.

02-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

27-03

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

1 act for this company is 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, La Hulpe · 1 establishment unit since 2021

seat establishment The establishment unit on the map

Ground area

1,009 m²

Building footprint

52 m²

Volume, LiDAR

485 m³

Parcel 25050D0173/00M002, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.

2 companies at this address See who is registered here

1 establishment unit

WEL-BE

Rue Clément Delpierre 53, 1310 La HulpeWholesale trade

since 20212.319.019.778

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25050D0173/00M002	Wallonia	1,009 m²	1 · 52 m²	10.7 m · 3 fl.

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

9845006F67O410EF7985

no longer live in the LEI register

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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,857 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded08-06-2021

Fiscal year end31-12

Activities, NACEBEL 2025

70200Business and other management consultancy

Scores and ratios are computed by Checked and are not a credit decision.