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Weld Conception

Active
Private limited companyfounded 2020active for 5 yearsRue des Bruyères 25, 7061 Soignies, BelgiumKBO/BCE: BE 0757.895.642
Summary

The computed 12-month bankruptcy probability of Weld Conception is 2.2% (moderate). The 2024 annual accounts show equity of €262,528 and a net result of €116,102. Equity is growing by about 40% per year across the filed financial years. Its solvency ranks better than 69% of 2,407 sector peers (NACE 25, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110Forging of metal NACE 25401
1 site
Size
≈ €620,000turnover 2024, estimated
Staff
3.5 FTE
Equity
€262,528
Profit
€116,102
Turnover estimated from the gross margin
Financial health
55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.2%
Structure
2025 accounts not filed, 92 days past the deadline1 deed in the Belgian Official Gazette
Why 55raises riskFigures for financial year 2024 (filed 17-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 70 days late; 1 of the last 3 lateFounded in 2020lowers riskLiquidity: current ratio 2.67, cash €60,149Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 74% of its sector peers (NACE 25, micro)
Financial strength · tick = 2023
Strong
Solvency 90+6
equity 64.9% of total assets
Liquidity 54-17
short-term debt 33.7% · cash 14.9%
Profitability 100+14
return on assets 28.7%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,705 companies, NACE 25, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024lowest value 02-2025: 0.4%● unchanged vs 01-2025lowest value 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.9%▲ +0.4 percentage points vs 07-2025 09-2025: 1.0%▲ +0.1 percentage points vs 08-2025 10-2025: 1.7%▲ +0.7 percentage points vs 09-2025 11-2025: 0.9%▼ -0.8 percentage points vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.8%▼ -0.1 percentage points vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.9%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.2%▲ +0.3 percentage points vs 07-2026 09-2026: 1.3%▲ +0.1 percentage points vs 08-2026 10-2026: 2.2%▲ +0.9 percentage points vs 09-2026highest value
Credit of up to €14,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 2.67, compared with 2.42 in 2023, above the usual 1.5; short-term debt: 33.7% and cash: 14.9% of total assets), and 35.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro): better than 70% on solvency, 51% on liquidity, 94% on profitability and 81% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 17-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 70 days late; 1 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 2.67, cash €60,149
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 92 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline31-10-2026 today
raises risk · 2024 accounts filed 70 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
70 days late
2023
57 days early
2022
2 days late
2021
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 12 days after the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Highest result from 2021 to 2024net €116,102 ▲153%
  3. Equity above €200,000equity €262,528 ▲33.7%

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 31 October 2026.

Turnover
≈ €620,000
Estimated: probably between €430,000 and €900,000
Total assets
€404,205▲ 21.7%
2023 · €332,125
Net result
€116,102▲ 153%
2023 · €45,954
Working capital
€227,466▲ 31.0%
2023 · €173,594
Trend over the years

2021 to 2024, 4 financial years

The operating result recovers in 2024; 2024 is 136% above 2023 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€157,231 2024 Net result€116,102 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2021202220232024
Operating result€35,201-€136,209▲ 287%€66,735▼ 51.0%€157,231▲ 136%
Net result€26,160within the sector's middle half-€104,312above the sector's middle half▲ 299%€45,954above the sector's middle half▼ 55.9%€116,102above the sector's middle half▲ 153%
Equity€46,160within the sector's middle half-€150,472within the sector's middle half▲ 226%€196,426above the sector's middle half▲ 30.5%€262,528above the sector's middle half▲ 33.7%
Total assets€157,005within the sector's middle half-€268,568within the sector's middle half▲ 71.1%€332,125within the sector's middle half▲ 23.7%€404,205within the sector's middle half▲ 21.7%
Debt€110,845-€118,096▲ 6.5%€135,698▲ 14.9%€141,677▲ 4.4%
Working capital€1,183within the sector's middle half-€112,533above the sector's middle half▲ 95×€173,594above the sector's middle half▲ 54.3%€227,466above the sector's middle half▲ 31.0%
Solvency29.4%within the sector's middle half-56.0%within the sector's middle half▲ 26.6pp59.1%within the sector's middle half▲ 3.1pp64.9%within the sector's middle half▲ 5.8pp
Current ratio1.01within the sector's middle half-2.16within the sector's middle half▲ 1.142.42within the sector's middle half▲ 0.262.67within the sector's middle half▲ 0.25
Return on assets (ROA)16.7%above the sector's middle half-38.8%above the sector's middle half▲ 22.2pp13.8%within the sector's middle half▼ 25.0pp28.7%above the sector's middle half▲ 14.9pp
Staff (FTE)0.9-2.2▲ 144%3.1▲ 40.9%3.5▲ 12.9%
above within below the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €404,205
Fixed assets €40,662 ▲ 12.5%
Current assets €363,543 ▲ 22.8%
Equity and liabilities €404,205
Equity €262,528 ▲ 33.7%
Debt €141,677 ▲ 4.4%
Debt's share of the balance-sheet total falls from 40.9% to 35.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€190,136▲
2023 · €91,618
Cash flow
€149,006▲
2023 · €70,837
Quick ratio
2.48▲
2023 · 2.22
Debt to equity
0.54▼
2023 · 0.69
ROE
44.2%▲
2023 · 23.4%
Interest coverage
26.27▲
2023 · 12.27
Debt ≤ 1 year
€136,077▲
2023 · €122,399
Debt > 1 year
€5,600▼
2023 · €13,299
Income taxes
€33,893▲
2023 · €13,316
Staff costs
€118,870▼
2023 · €129,191
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,972 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.2% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 26,972 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€332,125€404,205▲
Fixed assets21/28€36,132€40,662▲
Intangible fixed assets21€1,781€821▼
Tangible fixed assets22/27€32,899€39,478▲
Plant, machinery and equipment23€24,166€20,977▼
Furniture and vehicles24€8,733€18,501▲
Financial fixed assets28€1,452€363▼
Current assets29/58€295,993€363,543▲
Stocks and contracts in progress3€24,355€25,605▲
Stocks30/36€24,355€25,605▲
Amounts receivable within one year40/41€169,408€276,058▲
Trade receivables40€153,436€217,661▲
Other amounts receivable41€15,972€58,396▲
Cash at bank and in hand54/58€100,273€60,149▼
Deferred charges and accrued income490/1€1,956€1,732▼
Equity and liabilities
Total equity and liabilities10/49€332,125€404,205▲
Equity10/15€196,426€262,528▲
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14€176,426€242,528▲
Amounts payable17/49€135,698€141,677▲
Amounts payable after more than one year17€13,299€5,600▼
Financial debts170/4€13,299€5,600▼
Amounts payable within one year42/48€122,399€136,077▲
Current portion of amounts payable after more than one year42€7,391€62,699▲
Trade debts44€68,261€37,308▼
Suppliers440/4€68,261€37,308▼
Taxes, remuneration and social security45€35,420€33,542▼
Taxes450/3€13,316€20,816▲
Remuneration and social security454/9€22,104€12,726▼
Other amounts payable47/48€11,327€2,527▼
Income statement Code20232024
Remuneration, social security and pensions62€129,191€118,870▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,883€32,905▲
Other operating charges640/8€2,570€2,401▼
Gross operating margin9900€223,378€311,407▲
Operating profit (loss)9901€66,735€157,231▲
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Financial charges65/66B€7,465€7,238▼
Recurring financial charges65€7,465€7,238▼
Profit (loss) for the period before taxes9903€59,271€149,995▲
Income taxes67/77€13,316€33,893▲
Profit (loss) for the period9904€45,954€116,102▲
Profit (loss) for the period to be appropriated9905€45,954€116,102▲
Appropriation of the result
Profit (loss) to be appropriated9906€176,426€292,528▲
Profit (loss) brought forward from the previous period14P€130,472€176,426▲
Profit to be distributed694/7-€50,000
Return on contributions (dividend)694-€50,000

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Remuneration, social security and pensions62€34,074€90,315€129,191€118,870▼ 8.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,191€19,599€24,883€32,905▲ 32.2%
Other operating charges640/8€1,249€1,769€2,570€2,401▼ 6.6%
Gross operating margin9900€90,715€247,893€223,378€311,407▲ 39.4%
Operating profit (loss)9901€35,201€136,209€66,735€157,231▲ 136%
Financial income75/76B€1-€0€2▲ 171×
Recurring financial income75€1-€0€2▲ 171×
Financial charges65/66B€1,792€4,402€7,465€7,238▼ 3.0%
Recurring financial charges65€1,792€4,402€7,465€7,238▼ 3.0%
Profit (loss) for the period before taxes9903€33,409€131,807€59,271€149,995▲ 153%
Income taxes67/77€7,249€27,495€13,316€33,893▲ 155%
Profit (loss) for the period9904€26,160€104,312€45,954€116,102▲ 153%
Profit (loss) for the period to be appropriated9905€26,160€104,312€45,954€116,102▲ 153%
Line2021202220232024Change
Assets
Total assets20/58€157,005€268,568€332,125€404,205▲ 21.7%
Fixed assets21/28€48,972€58,630€36,132€40,662▲ 12.5%
Intangible fixed assets21€3,701€2,741€1,781€821▼ 53.9%
Tangible fixed assets22/27€43,820€54,437€32,899€39,478▲ 20.0%
Plant, machinery and equipment23€27,121€34,926€24,166€20,977▼ 13.2%
Furniture and vehicles24€16,698€19,511€8,733€18,501▲ 112%
Financial fixed assets28€1,452€1,452€1,452€363▼ 75.0%
Current assets29/58€108,033€209,938€295,993€363,543▲ 22.8%
Stocks and contracts in progress3€3,583€25,192€24,355€25,605▲ 5.1%
Stocks30/36€3,583€25,192€24,355€25,605▲ 5.1%
Amounts receivable within one year40/41€103,998€68,525€169,408€276,058▲ 63.0%
Trade receivables40€103,998€60,342€153,436€217,661▲ 41.9%
Other amounts receivable41-€8,183€15,972€58,396▲ 266%
Cash at bank and in hand54/58-€113,592€100,273€60,149▼ 40.0%
Deferred charges and accrued income490/1€453€2,630€1,956€1,732▼ 11.5%
Equity and liabilities
Total equity and liabilities10/49€157,005€268,568€332,125€404,205▲ 21.7%
Equity10/15€46,160€150,472€196,426€262,528▲ 33.7%
Contributions10/11€20,000€20,000€20,000€20,000=
Profit (loss) carried forward14€26,160€130,472€176,426€242,528▲ 37.5%
Amounts payable17/49€110,845€118,096€135,698€141,677▲ 4.4%
Amounts payable after more than one year17€3,995€20,691€13,299€5,600▼ 57.9%
Financial debts170/4€3,995€20,691€13,299€5,600▼ 57.9%
Amounts payable within one year42/48€106,850€97,405€122,399€136,077▲ 11.2%
Current portion of amounts payable after more than one year42€10,446€11,092€7,391€62,699▲ 748%
Financial debts43€4,272----
Credit institutions430/8€4,272----
Trade debts44€65,925€60,193€68,261€37,308▼ 45.3%
Suppliers440/4€65,925€60,193€68,261€37,308▼ 45.3%
Taxes, remuneration and social security45€13,612€14,124€35,420€33,542▼ 5.3%
Taxes450/3€11,155€7,249€13,316€20,816▲ 56.3%
Remuneration and social security454/9€2,457€6,875€22,104€12,726▼ 42.4%
Other amounts payable47/48€12,595€11,996€11,327€2,527▼ 77.7%
Line2021202220232024Change
Profit (loss) for the period9904€26,160€104,312€45,954€116,102▲ 153%
+ Depreciation and write-downs630€20,191€19,599€24,883€32,905▲ 32.2%
Operating cash flow (approximation)€46,352€123,911€70,837€149,006▲ 110%
Investment in fixed assets (approximation)--€29,256-€2,385-€37,435▼ 1,470%
Change in cash---€13,318-€40,125▼ 201%

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

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2024 micro format 09-10-2025 2025-00544127
31-12-2023 micro format 04-06-2024 2024-00112826
31-12-2022 micro format 02-08-2023 2023-00317095
31-12-2021 micro format 31-08-2022 2022-20396222

Similar companies · same sector, comparable size

Of the 3,945 active companies whose main activity is manufacture of metal structures and parts of structures (NACE 25110), figures are known for 2,177. 1,668 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

Weld Conception was incorporated on 9 November 2020 as a private limited company.1 Total assets rose from €157,005 in 2021 to €404,205 in 2024 and headcount from 0.9 to 3.5 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2024

Acts, filings and financial milestones

2025
09-10
NBB filing Annual accounts filed
financial year 2024 · micro format · 70 days late
2024
31-12
Financial Highest result from 2021 to 2024net €116,102 ▲153%
Operating result €157,231, net result €116,102, both a record.
31-12
Financial Equity above €200,000equity €262,528 ▲33.7%
A profit in every financial year since 2021 builds equity to €262,528.
04-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
02-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 2 days late
2022
31-12
Financial Liquidity more than doubledcurrent ratio 2.16
Current ratio from 1.01 to 2.16; short-term debt falls from €106,850 to €97,405.
31-12
Financial Equity above €150,000equity €150,472 ▲226%
A profit in every financial year since 2021 builds equity to €150,472.
31-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

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

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Register details

Identification
Legal formPrivate limited company
Founded09-11-2020
Financial year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25401Forging of metal
25120Manufacture of fabricated metal products, except machinery and equipment
25530Machining of metals
25999Manufacture of fabricated metal products, except machinery and equipment
Contact
E-mail contact@weldconception.be
Phone 0496/123626
E-invoicing
Reachable via Peppol
Peppol ID 0208:0757895642
Registered 23-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Soignies · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
2,307 m²
Building footprint
338 m²
Building volume
1,502 m³
2 parcels, Wallonia · tallest building 8.7 m. Linked by address, not a title deed.
1 establishment unit
Weld Conception
Rue de Saint-Denis (O.) 202, 7034 MonsManufacture of metal structures and parts of structures
since 2020unit no. 2.311.490.796
2 parcels
Wallonia 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
53062A0186/00F000 Wallonia 1,294 m² 1 · 233 m² 8.7 m · 2
55006D0005/00C000 Wallonia 1,012 m² 1 · 105 m² -
How the parcels are linked
Good to know
Both parcels match the address exactly.