WELDELEC
InactiveWELDELEC was declared bankrupt on 20-12-2022 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed for insufficient assets by judgment of 17-02-2026, published in the Belgian State Gazette on 23-02-2026.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 9 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 29-10-2021, 90 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
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
90 d late
2019
275 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€11k▲ 26.1%
2019 · €9k
2018: €5k
2019: €9k
2018 → 2020
Total assets
€27k▼ 33.4%
2019 · €40k
2018: €46k
2019: €40k
2018 → 2020
Net result
€263▼ 93.9%
2019 · €4k
2018: €-1k
2019: €4k
2018 → 2020
Working capital
€9k▲ 66.0%
2019 · €5k
2018: €-271
2019: €5k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€5k-€9k▲ 92.8%€11k▲ 26.1%
Operating result€1k-€136▼ 87.7%€2k▲ 1,185%
Net result€-1k-€4k€263▼ 93.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2020; 2020 is 1,185% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €27k
Fixed assets
€2k ▼ 36.1%
Current assets
€25k ▼ 33.1%
Equity and liabilities €27k
Equity
€11k ▲ 26.1%
Debt
€16k ▼ 50.3%
Debt's share of the balance-sheet total falls from 77.8% to 58.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3k▲
2019 · €2k
Cash flow
€2k▼
2019 · €6k
Current ratio
1.58▲
2019 · 1.17
ROE
2.3%▼
2019 · 48.1%
ROA
1.0%▼
2019 · 10.7%
Debt ≤ 1 year
€16k▼
2019 · €31k
Income taxes
€593▲
2019 · €-4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 23 lines
Balance sheet
Code20192020
Assets
Total assets20/58€40k€27k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Current assets29/58€37k€25k▼
Amounts receivable within one year40/41€24k€25k▲
Cash at bank and in hand54/58€0€0▼
Equity and liabilities
Total equity and liabilities10/49€40k€27k▼
Equity10/15€9k€11k▲
Contributions10/11€16k-
Reserves13€326€326=
Profit (loss) carried forward14€-8k€-8k▲
Amounts payable17/49€31k€16k▼
Amounts payable within one year42/48€31k€16k▼
Trade debts44€11k€1k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Gross operating margin9900€3k€5k▲
Operating profit (loss)9901€136€2k▲
Recurring financial income75€2€0▼
Recurring financial charges65€211€887▲
Profit (loss) for the period before taxes9903€-73€855▲
Income taxes67/77€-4k€593▲
Profit (loss) for the period9904€4k€263▼
Profit (loss) for the period to be appropriated9905€4k€263▼
Timeline · acts, filings and financial milestones
2026
23-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 17-02-2026
2022
29-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 20-12-2022
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
02-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 275 days late
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 603 days late
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 18 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 27 days late
2014
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 27 days late
2013
28-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SILVY STERCKX DENNENSTRAAT 26, 2440 GEEL- |
20-12-2022 → 17-02-2026 |