WELDCON
ActiveWELDCON has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €177k and a net result of €25k. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 66% of 389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-6
Solvency94▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 3.15 against 2.53 in 2024; short-term debt: 30.1% and cash: 1.5% of total assets), and 30.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
69.2%
Return on assets
9.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
21 d late
2024
47 d late
2023
30 d late
2022
29 d late
2021
31 d late
2020
23 d late
2019
48 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€177k▲ 16.5%
2024 · €152k
2018: €54k
2019: €66k
2020: €71k
2021: €74k
2022: €74k
2023: €116k
2024: €152k
2018 → 2025
Total assets
€256k▲ 3.3%
2024 · €248k
2018: €119k
2019: €169k
2020: €203k
2021: €251k
2022: €212k
2023: €208k
2024: €248k
2018 → 2025
Net result
€25k▼ 30.2%
2024 · €36k
2018: €21k
2019: €12k
2020: €5k
2021: €3k
2022: €-611
2023: €30k
2024: €36k
2018 → 2025
Working capital
€165k▲ 20.6%
2024 · €137k
2018: €43k
2019: €26k
2020: €57k
2021: €53k
2022: €67k
2023: €106k
2024: €137k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€74k▼ 0.8%€116k▲ 57.3%€152k▲ 31.1%€177k▲ 16.5%
Operating result€8k-€6k▼ 23.3%€46k▲ 625%€52k▲ 13.3%€38k▼ 26.8%
Net result€3k-€-611€30k€36k▲ 20.5%€25k▼ 30.2%
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 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €256k
Fixed assets
€14k▼ 35.9%
Current assets
€243k▲ 7.0%
Equity and liabilities €256k
Equity
€177k▲ 16.5%
Debt
€79k▼ 17.8%
The debt ratio falls from 38.6% to 30.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€45k▼
2024 · €61k
Cash flow
€32k▼
2024 · €45k
Solvency
69.2%▲
2024 · 61.4%
Current ratio
3.15▲
2024 · 2.53
Quick ratio
3.10▲
2024 · 2.48
Debt / equity
0.44▼
2024 · 0.63
ROE
14.2%▼
2024 · 23.7%
ROA
9.8%▼
2024 · 14.5%
Interest coverage
7.72▼
2024 · 17.38
Debt
€79k▼
2024 · €96k
Debt ≤ 1 year
€77k▼
2024 · €90k
Debt > 1 year
€2k▼
2024 · €6k
Income taxes
€12k▼
2024 · €16k
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€248k€256k▲
Fixed assets21/28€21k€14k▼
Tangible fixed assets22/27€21k€14k▼
Land and buildings22€6k€6k▼
Plant, machinery and equipment23€10k€7k▼
Furniture and vehicles24€5k€1k▼
Current assets29/58€227k€243k▲
Amounts receivable after more than one year29€55k€55k=
Other amounts receivable291€55k€55k=
Stocks and contracts in progress3€4k€4k▼
Stocks30/36€4k€4k▼
Amounts receivable within one year40/41€141k€175k▲
Trade receivables40€77k€89k▲
Other amounts receivable41€64k€86k▲
Cash at bank and in hand54/58€23k€4k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€248k€256k▲
Equity10/15€152k€177k▲
Contributions10/11€19k€19k=
Reserves13€134k€159k▲
Tax-exempt reserves132€13k€13k=
Distributable reserves133€120k€145k▲
Amounts payable17/49€96k€79k▼
Amounts payable after more than one year17€6k€2k▼
Financial debts170/4€6k€2k▼
Amounts payable within one year42/48€90k€77k▼
Current portion of amounts payable after more than one year42€11k€8k▼
Financial debts43€21k€9k▼
Credit institutions430/8€21k€9k▼
Trade debts44€22k€29k▲
Suppliers440/4€22k€29k▲
Taxes, remuneration and social security45€36k€31k▼
Taxes450/3€36k€31k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€64k€49k▼
Operating profit (loss)9901€52k€38k▼
Financial income75/76B€4k€5k▲
Recurring financial income75€4k€5k▲
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€52k€38k▼
Income taxes67/77€16k€12k▼
Profit (loss) for the period9904€36k€25k▼
Profit (loss) for the period to be appropriated9905€36k€25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€25k▼
Transfer to equity691/2€36k€25k▼
To other reserves6921€36k€25k▼
The notes to these accounts (17 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
31-12
Financial
Highest result since 2018net €36k ▲20.5%
Operating result €52k, net result €36k, both a record.
31-12
Financial
Equity above €150kEq €152k ▲31.1%
2 profitable years in a row build equity to €152k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
31-12
Financial
Equity above €100kEq €116k ▲57.3%
Equity rises from €74k to €116k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €-611 ▼119%
Net result drops to €-611, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Tielt · 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.
Mandellaan 408760 TieltGround area
321 m²
Building footprint
54 m²
Volume, LiDAR
411 m³
Parcel 37007E0564/00P000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WELDCON
since 20162.257.417.850
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37007E0564/00P000 | Flanders | 321 m² | 1 · 54 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
CRDD
BE 0676.968.641
Ieper · Eq €175k
BRIGHT BEAM
BE 0473.493.028
Londerzeel · Eq €166k
Les Ateliers de la Meuse
BE 0422.630.780
Liège · Eq €192k
MIDZONE
BE 0804.979.541
Herk-de-Stad · Eq €160k
DRAAI- EN FREESWERKEN MARTENS
BE 0466.077.773
Wellen · Eq €198k
Of 136 companies in sector 28410 we hold annual accounts for 107. 70 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-09-2016
Fiscal year end31-12
Activities, NACEBEL
28410Manufacture of machinery and equipment not elsewhere classified
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.