Welcome!
ActiveSummary
Welcome! has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€1.3m) and a net result of -€681,207. Equity is shrinking by ~64% per year across the filed fiscal years. Its solvency ranks better than 10% of 103 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth28=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.42 against 0.47 in 2023; short-term debt: 236.8% and cash: 0% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-137.1%
Return on assets
-72.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 80
Relative position
BE, all sectors
reference
Investigation and security activities (NACE 80)
about 5% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€1.3m
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
31 d early
2023
19 d early
2022
18 d early
2021
24 d early
2020
25 d early
2019
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 7 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
€2.4m▼ 2.6%
2023 · €2.4m
EBIT margin
-25.3%▼ 3.9pp
2023 · -21.4%
Net result
-€681,207▼ 20.9%
2023 · -€563,488
Working capital
-€1.3m▼ 98.2%
2023 · -€650,125
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 80, Investigation and security activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€2.1m▼ 62.7%€2.4m▲ 13.4%€2.3m▼ 4.1%€2.4m▲ 6.5%€2.4m▼ 2.6%
Operating result-€642,395-€316,233▲ 50.8%-€418,208▼ 32.2%-€517,599▼ 23.8%-€596,230▼ 15.2%
Net result-€638,392below the sector's middle half-€335,087below the sector's middle half▲ 47.5%-€438,794below the sector's middle half▼ 30.9%-€563,488below the sector's middle half▼ 28.4%-€681,207below the sector's middle half▼ 20.9%
EBIT margin-30.7%▼ 41.1pp-13.3%▲ 17.4pp-18.4%▼ 5.1pp-21.4%▼ 3.0pp-25.3%▼ 3.9pp
Equity€734,994within the sector's middle half▼ 46.5%€399,907within the sector's middle half▼ 45.6%-€38,887below the sector's middle half-€602,375below the sector's middle half▼ 1,449%-€1.3mbelow the sector's middle half▼ 113%
Total assets€1.5mwithin the sector's middle half▼ 32.4%€1.2mwithin the sector's middle half▼ 20.1%€945,011within the sector's middle half▼ 21.6%€615,832within the sector's middle half▼ 34.8%€936,107within the sector's middle half▲ 52.0%
Debt€774,692▼ 10.0%€805,946▲ 4.0%€983,898▲ 22.1%€1.2m▲ 23.8%€2.2m▲ 82.2%
Working capital€604,484within the sector's middle half▼ 48.1%€273,206within the sector's middle half▼ 54.8%-€128,983below the sector's middle half-€650,125below the sector's middle half▼ 404%-€1.3mbelow the sector's middle half▼ 98.2%
Solvency48.7%within the sector's middle half▼ 12.8pp33.2%within the sector's middle half▼ 15.5pp-4.1%below the sector's middle half▼ 37.3pp-97.8%below the sector's middle half▼ 93.7pp-137.1%below the sector's middle half▼ 39.3pp
Current ratio1.83within the sector's middle half▼ 0.531.34within the sector's middle half▼ 0.490.87within the sector's middle half▼ 0.470.47below the sector's middle half▼ 0.400.42below the sector's middle half▼ 0.05
Return on assets (ROA)-42.3%below the sector's middle half▼ 58.6pp-27.8%below the sector's middle half▲ 14.5pp-46.4%below the sector's middle half▼ 18.6pp-91.5%below the sector's middle half▼ 45.1pp-72.8%below the sector's middle half▲ 18.7pp
Staff (FTE)80.7within the sector's middle half▼ 5.8%63.6above the sector's middle half▼ 21.2%48.9within the sector's middle half▼ 23.1%47.8within the sector's middle half▼ 2.2%48.5within the sector's middle half▲ 1.5%
above
within
below
the middle half (P25 to P75) of NACE 80, Investigation and security activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €596,230 in 2024 against €517,599 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €936,107
Fixed assets
€7,439 ▼ 84.8%
Current assets
€928,668 ▲ 63.8%
Key figures and ratios
EBITDA
-€554,686▼
2023 · -€476,056
Cash flow
-€639,663▼
2023 · -€521,945
Debt to equity
-1.73▲
2023 · -2.02
Interest coverage
-6.79▲
2023 · -10.94
Debt ≤ 1 year
€2.2m▲
2023 · €1.2m
Income taxes
€2,074▲
2023 · €1,286
Staff costs
€2.3m▼
2023 · €2.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 685 companies that looked in July 2024 the way this one looks now, 6.3% went bankrupt within 24 months and 84% are still going.
- Small
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
6.3%
went bankrupt
6.1%
stopped otherwise
84%
still going
A further 3.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 685 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €2.5m | €2.5m | €2.7m | €2.8m | ▲ 0.9% |
| Turnover70 | €2.1m | €2.4m | €2.3m | €2.4m | €2.4m | ▼ 2.6% |
| Other operating income74 | - | €99,456 | €216,188 | €309,078 | €284,460 | ▼ 8.0% |
| Non-recurring operating income76A | - | - | - | - | €112,456 | - |
| Operating charges60/66A | - | €2.8m | €2.9m | €3.2m | €3.3m | ▲ 3.2% |
| Goods for resale, raw materials and consumables60 | - | €248,225 | €415,841 | €522,513 | €649,555 | ▲ 24.3% |
| Purchases600/8 | - | €248,225 | €415,841 | €522,513 | €649,555 | ▲ 24.3% |
| Services and other goods61 | - | €242,132 | €419,469 | €342,830 | €329,837 | ▼ 3.8% |
| Remuneration, social security and pensions62 | - | €2.3m | €2.0m | €2.3m | €2.3m | ▼ 0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,617 | €42,691 | €41,926 | €41,543 | €41,544 | = |
| Other operating charges640/8 | - | €100 | €1,157 | €2,877 | €1,373 | ▼ 52.3% |
| Operating profit (loss)9901 | -€642,395 | -€316,233 | -€418,208 | -€517,599 | -€596,230 | ▼ 15.2% |
| Financial income75/76B | - | €1,380 | - | - | - | - |
| Recurring financial income75 | €5,856 | €1,380 | - | - | - | - |
| Income from current assets751 | - | €1,380 | - | - | - | - |
| Financial charges65/66B | - | €3,796 | €18,641 | €44,603 | €82,903 | ▲ 85.9% |
| Recurring financial charges65 | €1,853 | €3,796 | €18,641 | €44,603 | €82,903 | ▲ 85.9% |
| Debt charges650 | - | €2,720 | €17,180 | €43,526 | €81,729 | ▲ 87.8% |
| Other financial charges652/9 | - | €1,076 | €1,461 | €1,077 | €1,174 | ▲ 9.0% |
| Profit (loss) for the period before taxes9903 | -€638,392 | -€318,649 | -€436,849 | -€562,202 | -€679,133 | ▼ 20.8% |
| Income taxes67/77 | - | €16,438 | €1,945 | €1,286 | €2,074 | ▲ 61.3% |
| Taxes670/3 | - | €16,438 | €1,945 | €1,286 | €2,074 | ▲ 61.3% |
| Profit (loss) for the period9904 | -€638,392 | -€335,087 | -€438,794 | -€563,488 | -€681,207 | ▼ 20.9% |
| Profit (loss) for the period to be appropriated9905 | -€638,392 | -€335,087 | -€438,794 | -€563,488 | -€681,207 | ▼ 20.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.2m | €945,011 | €615,832 | €936,107 | ▲ 52.0% |
| Fixed assets21/28 | €175,143 | €132,452 | €90,526 | €48,983 | €7,439 | ▼ 84.8% |
| Intangible fixed assets21 | €173,097 | €131,554 | €90,011 | €48,468 | €6,924 | ▼ 85.7% |
| Tangible fixed assets22/27 | €1,531 | €383 | - | - | - | - |
| Plant, machinery and equipment23 | - | €383 | - | - | - | - |
| Financial fixed assets28 | €515 | €515 | €515 | €515 | €515 | = |
| Affiliated companies280/1 | - | €515 | €515 | €515 | €515 | = |
| Participating interests280 | - | €515 | €515 | €515 | €515 | = |
| Current assets29/58 | €1.3m | €1.1m | €854,485 | €566,849 | €928,668 | ▲ 63.8% |
| Amounts receivable within one year40/41 | €1.3m | €1.1m | €826,030 | €551,551 | €928,639 | ▲ 68.4% |
| Trade receivables40 | - | €1.1m | €818,196 | €542,296 | €918,151 | ▲ 69.3% |
| Other amounts receivable41 | - | €874 | €7,834 | €9,255 | €10,488 | ▲ 13.3% |
| Cash at bank and in hand54/58 | €41,596 | €7,558 | €28,039 | €13,868 | €29 | ▼ 99.8% |
| Deferred charges and accrued income490/1 | - | €1,225 | €416 | €1,430 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.2m | €945,011 | €615,832 | €936,107 | ▲ 52.0% |
| Equity10/15 | €734,994 | €399,907 | -€38,887 | -€602,375 | -€1.3m | ▼ 113% |
| Contributions10/11 | - | €80,565 | €80,565 | €80,565 | €80,565 | = |
| Reserves13 | €76,227 | €76,227 | €76,227 | €76,227 | €76,227 | = |
| Non-distributable reserves130/1 | - | €8,056 | €8,056 | €8,056 | €8,056 | = |
| Reserves not available under the articles1311 | - | €8,056 | €8,056 | €8,056 | €8,056 | = |
| Distributable reserves133 | - | €68,171 | €68,171 | €68,171 | €68,171 | = |
| Profit (loss) carried forward14 | €578,202 | €243,115 | -€195,679 | -€759,167 | -€1.4m | ▼ 89.7% |
| Amounts payable17/49 | €774,692 | €805,946 | €983,898 | €1.2m | €2.2m | ▲ 82.2% |
| Amounts payable within one year42/48 | €730,059 | €800,195 | €983,468 | €1.2m | €2.2m | ▲ 82.2% |
| Trade debts44 | €156,063 | €187,329 | €194,073 | €177,998 | €166,477 | ▼ 6.5% |
| Suppliers440/4 | - | €187,329 | €194,073 | €177,998 | €166,477 | ▼ 6.5% |
| Taxes, remuneration and social security45 | - | €310,475 | €288,752 | €284,985 | €305,817 | ▲ 7.3% |
| Taxes450/3 | - | €13,613 | €20,141 | €7,141 | €45,760 | ▲ 541% |
| Remuneration and social security454/9 | - | €296,862 | €268,611 | €277,844 | €260,057 | ▼ 6.4% |
| Other amounts payable47/48 | - | €302,391 | €500,643 | €753,991 | €1.7m | ▲ 131% |
| Accrued charges and deferred income492/3 | - | €5,751 | €430 | €1,233 | €2,789 | ▲ 126% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€638,392 | -€335,087 | -€438,794 | -€563,488 | -€681,207 | ▼ 20.9% |
| + Depreciation and write-downs630 | €38,617 | €42,691 | €41,926 | €41,543 | €41,544 | = |
| Operating cash flow (approximation) | -€599,775 | -€292,396 | -€396,868 | -€521,945 | -€639,663 | ▼ 22.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€34,038 | €20,481 | -€14,171 | -€13,839 | ▲ 2.3% |
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
Next filing, fiscal year 2026, expected by
2026
22-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€681,207
Net result drops to -€681,207, the lowest in the series.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €365,317 ▲15.2%
Operating result €583,001, net result €365,317, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 26 acts read
About the unread acts
We know of 26 Belgian State Gazette acts for this company. None of them has 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
26 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, Machelen (Brab.) · 1 establishment unit since 2002
Ground area
2.7 ha
Building footprint
9,977 m²
Parcel 23015B0163/00D003, Flanders. Linked by address, not a title deed.
16
companies at this address
See who is registered here
1 establishment unit
Kouterveldstraat 7A, 1831 Machelen (Brab.)
since 20022.113.578.134
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0163/00D003 | Flanders | 2.7 ha | 1 · 9,977 m² | - |
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.
Structure & network
Owners and holdings
2 ownersChain of control
- Securitas Transport Aviation Security ABSE
- SECURITAS TRANSPORT AVIATION SECURITY
- Welcome!
Highest known parent: Securitas Transport Aviation Security AB (Sweden). The sources do not say who stands above it.
Owners 2
- 100%
-
0%
Holdings 0
The accounts to 31-12-2024 list no holdings, and no other source names one.
According to the 2024 annual accounts of Welcome! and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 5,581 EUR awarded · 5,581 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,962 EUR | 3,962 EUR |
| 2022 | 1 | 1,619 EUR | 1,619 EUR |
Schemes
Similar companies · same sector, comparable size
TORANN
BE 0468.693.805
Antwerpen · Eq €403,093
I-Force
BE 0479.839.402
Erpe-Mere · Eq €386,540
BAUWATCH BELGIE
BE 0634.566.179
Boom · Eq €415,917
MAAT SECURITY
BE 0552.866.346
Lummen · Eq €416,012
REKA SECURITY
BE 0874.753.621
Brussel · Eq €417,756
Of 700 companies in sector 80010 we hold annual accounts for 349. 225 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
Founded30-09-1996
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
80010Investigation and private security services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0458903139
Also
9925:BE0458903139
Registered
29-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.