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WELD-DECO

Active
Private limited companyfounded 2024active for 2 yearsEkentstraat(HA) 105, 9450 Haaltert, BelgiumKBO/BCE: BE 1014.454.704
Summary

The computed 12-month bankruptcy probability of WELD-DECO is 3.4% (moderate). The 2025 annual accounts show equity of €12,698 and a net result of €9,698. Its solvency ranks better than 41% of 34,855 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (26 days) Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00431789.

Turnover
≈ €170,000
Estimated: probably between €95,000 and €330,000
Total assets
€32,676
Net result
€9,698
Working capital
€1,710

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
Assets €32,676
Fixed assets €10,988
Current assets €21,688
Equity and liabilities €32,676
Equity €12,698
Debt €19,978
Debt finances 61.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€14,754
Cash flow
€12,597
Current ratio
1.09
Quick ratio
1.03
Debt to equity
1.57
ROE
76.4%
ROA
29.7%
Interest coverage
over 100
Debt ≤ 1 year
€19,978
Income taxes
€2,332

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a higher bankruptcy probability: 3.4% 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 39,278 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 · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€32,676
Fixed assets21/28€10,988
Tangible fixed assets22/27€10,988
Plant, machinery and equipment23€5,193
Furniture and vehicles24€5,795
Current assets29/58€21,688
Stocks and contracts in progress3€1,050
Stocks30/36€1,050
Amounts receivable within one year40/41€20,431
Trade receivables40€6,532
Other amounts receivable41€13,899
Deferred charges and accrued income490/1€207
Equity and liabilities
Total equity and liabilities10/49€32,676
Equity10/15€12,698
Contributions10/11€3,000
Profit (loss) carried forward14€9,698
Amounts payable17/49€19,978
Amounts payable within one year42/48€19,978
Financial debts43€14,839
Credit institutions430/8€14,839
Trade debts44€2,807
Suppliers440/4€2,807
Taxes, remuneration and social security45€2,332
Taxes450/3€2,332
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,899
Other operating charges640/8€1,507
Gross operating margin9900€16,262
Operating profit (loss)9901€11,855
Financial income75/76B€285
Recurring financial income75€285
Financial charges65/66B€111
Recurring financial charges65€111
Profit (loss) for the period before taxes9903€12,030
Income taxes67/77€2,332
Profit (loss) for the period9904€9,698
Profit (loss) for the period to be appropriated9905€9,698
Appropriation of the result
Profit (loss) to be appropriated9906€9,698

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,899
Other operating charges640/8€1,507
Gross operating margin9900€16,262
Operating profit (loss)9901€11,855
Financial income75/76B€285
Recurring financial income75€285
Financial charges65/66B€111
Recurring financial charges65€111
Profit (loss) for the period before taxes9903€12,030
Income taxes67/77€2,332
Profit (loss) for the period9904€9,698
Profit (loss) for the period to be appropriated9905€9,698
Line2025
Assets
Total assets20/58€32,676
Fixed assets21/28€10,988
Tangible fixed assets22/27€10,988
Plant, machinery and equipment23€5,193
Furniture and vehicles24€5,795
Current assets29/58€21,688
Stocks and contracts in progress3€1,050
Stocks30/36€1,050
Amounts receivable within one year40/41€20,431
Trade receivables40€6,532
Other amounts receivable41€13,899
Deferred charges and accrued income490/1€207
Equity and liabilities
Total equity and liabilities10/49€32,676
Equity10/15€12,698
Contributions10/11€3,000
Profit (loss) carried forward14€9,698
Amounts payable17/49€19,978
Amounts payable within one year42/48€19,978
Financial debts43€14,839
Credit institutions430/8€14,839
Trade debts44€2,807
Suppliers440/4€2,807
Taxes, remuneration and social security45€2,332
Taxes450/3€2,332
Line2025
Profit (loss) for the period9904€9,698
+ Depreciation and write-downs630€2,899
Operating cash flow (approximation)€12,597

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 (1)
Financial year Type Filed Reference
31-12-2025 micro format 26-08-2026 2026-00431789

Similar companies · same sector, comparable size

Of the 19,854 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,321. 5,364 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.