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WELDIMO

Inactive KBO/BCE: BE 0401.365.808 subsidiary of Weldimo Holding BV

Overview

Lifetime

10 annual accounts with figures on one time axis, 39 filings since 1977
peak €22.9m (2007)
€16.6m▲ 4.1%
lowest -€3.8m (2015)
-€3.8m▼ €3.5m
peak €3.5m (2012)
-€2.1m▼ €4.5m
€10.0m▲ 19.2%
peak 120.1 FTE (2007)
79.8 FTE▼ 3.0%
Owners2 names in the annual accounts
consolidatesWeldimo Holding BV
Documentsfilings and deeds
21-09-201652 days late
2015financial year
Loss of €3.8mEquity from €2.4m to -€2.1mDebts from €8.4m to €10.0mCash from €731,822 to €311,262

Key points

from the 2015 annual accounts, the last ones filed

Equity

-€2.1m from €3.5m in 2012

Equity fell below zero in 2015.

Debts

€10.0m 126% of the balance sheet
After one year 5%Within one year 95%

Of this, €9.5m falls due within a year.

Filings

39 annual accounts since 1977
AprilJune31 JulyOctober1980199020002010

Five of the last ten came late. The 2015 accounts came latest: 52 days after the end of the period.

No score

Board and ownership

Board & ownership

Recent changes

Bankruptcy closure (by liquidation) Enterprise Court of Antwerp, Tongeren division · judgment of 31-01-2023 · Bankruptcy
Bankruptcy published Commercial Court of Antwerp, Tongeren division · judgment of 11-10-2016 · Bankruptcy
All 45 events

Official details

Source: KBO
Status
Inactivebankruptcy closed on 31-01-2023
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2015

€16.6m▲ 4.1%
€3.8m▲ 13×
-€2.1m
€8.0m▼ 26.8%
79.8 FTE▼ 3.0%
Filing
Filed on 21-09-2016
Financials

Insights on WELDIMO

WELDIMO reached its highest turnover since 2006 in 2007: €22.9m. A year later it was €22.0m, and in 2009 still €18.2m.

Equity fell from €3.5m in 2012 to -€2.1m in 2015, while debts rose from €9.5m to €10.0m.

On 11 October 2016 the court declared WELDIMO bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2015

full format, filed on 21-09-2016, 52 days late
€16.6m
▲ 4.1%
-€3.2m
▼ €3.1m
-€2.8m
▼ €2.9m
-€3.4m
▼ €3.4m
-26.2%
▼ 48.4 percentage points
0.52
▼ 0.41

Money flows

of every €100 of turnover, €23.01 was lost in 2015

Balance sheet

balance sheet total €8.0m on 31-12-2015
What the company ownsHow it is paid for

in €m

in €m

Staff

Men and women23% women

61.4 men and 18.4 women in full-time equivalents in 2015.

€56,819

Men €56,005, women €59,535 per full-time equivalent. Jobs differ, so this is not a pay gap.

-4 people

people who joined people who left

In 2015, 9 people joined and 13 left. Training hours in 2015: 458. Agency workers: 1.3 on average.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2015201420132012201120102009200820072006
Balance sheet: assets
20/58 8.0m10.9m10.0m13.1m14.9m13.1m12.4m12.6m15.0m9.5m
20 301,088202,437-123,074112,725160,509210,140270,180--
21/28 3.0m3.8m2.9m3.9m3.3m4.2m4.3m4.6m4.5m3.6m
21 877,154765,342645,88216,38627,31040,89356,41711,85916,45921,059
22/27 515,380405,050481,331420,257473,8831.3m1.4m1.6m1.7m898,056
22 60,31677,20998,650105,700120,7981.0m1.0m1.2m1.3m416,871
23 300,976200,444251,439130,316145,258174,222205,859244,526235,290234,050
24 76,53973,34955,56775,20671,83856,82765,47186,59055,46162,750
28 1.3m2.4m1.8m3.4m2.7m2.7m2.7m2.7m2.7m2.7m
280/1 1.3m2.4m1.8m3.3m2.6m2.6m2.6m2.6m2.6m2.6m
280 1.3m2.4m1.8m3.3m2.6m2.6m2.6m2.6m2.6m2.6m
284/8 3,5702,90254,34454,44353,96853,06853,06856,14253,30753,307
284 --51,06651,06651,06651,06651,06651,06651,06651,066
285/8 3,5702,9023,2773,3772,9022,0022,0025,0762,2412,241
29/58 4.9m7.1m7.1m9.2m11.6m8.9m8.0m8.0m10.6m5.9m
29 ---------15,435
290 ---------15,435
3 1.4m1.4m1.5m1.5m1.8m1.9m1.7m1.6m2.1m2.0m
30/36 1.2m1.4m1.5m1.5m1.8m1.9m1.7m1.6m2.1m2.0m
30/31 614,586641,573480,248648,507627,592721,918733,944826,2671.1m1.3m
32 448,454437,276503,46932,416------
33 111,021312,061542,084824,2451.1m1.2m997,774786,345998,416658,935
37 273,547---------
40/41 3.1m4.8m5.1m6.7m8.4m6.4m6.2m5.9m8.0m3.5m
40 2.3m1.4m1.1m2.4m2.3m1.9m2.0m1.9m2.7m3.2m
41 853,8873.4m4.0m4.2m6.1m4.5m4.2m4.0m5.3m290,316
54/58 311,262731,822275,352760,5181.3m297,68420,172194,139225,02349,940
490/1 56,045152,420151,386224,562217,159241,633133,022288,428163,179368,824
Balance sheet: equity and liabilities
10/49 8.0m10.9m10.0m13.1m14.9m13.1m12.4m12.6m15.0m9.5m
10/15 -2.1m2.4m1.8m3.5m2.9m2.3m2.1m2.0m2.7m2.8m
10/11 1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m
100 1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m
12 -673,782-673,782-665,594699,425767,089834,536-
13 336,676336,67689,558395,077395,077316,867283,036215,372147,9251.1m
130/1 355355355355355355355355355355
130 76,09076,09076,09076,09076,09031,71131,71131,71131,71126,304
1319 355355355355355355355355355355
132 13,11313,11313,11313,11313,11313,11313,11313,11313,11313,113
133 247,118247,118-305,520305,520271,688237,856170,193102,7451.0m
14 -4.1m-295,340-777,022843,185-397,076-635,546-734,123--
15 ---9711,9432,9163,8894,8615,8346,807
16 33,83056,63079,43074,33130,37047,62670,08364,103186,6165,488
160/5 33,83056,63079,43073,83029,36846,12468,08061,600183,6121,983
160 33,83056,63079,43073,83029,36846,12468,08061,6001,9831,983
164/5 --------181,629-
168 ---5011,0011,5022,0032,5033,0043,505
17/49 10.0m8.4m8.1m9.5m11.9m10.8m10.3m10.6m12.1m6.8m
17 495,240722,272952,5121.1m3.0m3.1m3.3m3.6m3.8m421,572
170/4 495,240722,272952,5121.1m3.0m3.1m3.3m3.6m3.8m421,572
172 1,88717,74747,85584,443108,22264,75130,74978,891121,433136,841
173 493,352704,525904,657991,8112.9m3.1m3.3m3.6m3.7m284,732
42/48 9.5m7.6m7.1m8.4m8.9m7.6m6.8m6.9m8.2m6.3m
42 227,777237,216235,347196,204230,822278,465293,076309,349284,175361,674
43 3.2m3.2m3.2m4.2m3.8m3.9m4.0m3.8m3.5m2.5m
430/8 3.2m3.2m3.2m4.2m3.8m3.9m4.0m3.8m3.5m2.5m
44 3.9m2.8m1.8m2.4m2.3m1.6m1.0m1.2m2.9m2.1m
440/4 3.9m2.8m1.8m2.4m2.3m1.6m1.0m904,7122.8m2.1m
441 -------277,44784,930-
46 888,496450,123376,537398,8751.5m726,108450,748369,370236,737268,199
45 1.3m906,230955,9211.2m987,8071.0m1.1m1.2m1.1m1.0m
450/3 279,659156,237158,799176,713197,433193,178187,460221,448217,021236,523
454/9 1.0m749,993797,1221.0m790,373853,767922,4961.0m844,854807,376
47/48 --579,6057,129----199,96593,000
492/3 14,04948,97948,06333,97475,020104,665113,84779,764106,0857,261
Income statement
70/76A 17.2m15.7m15.4m18.3m19.4m18.3m18.6m22.1m23.3m22.1m
70 16.6m16.0m15.2m18.3m19.5m18.0m18.2m22.0m22.9m22.1m
71 83,684-296,216146,308-268,208-96,917224,011211,430-212,072339,481-123,007
72 ----4,92523,47074,155---
76A 71,0946,80934,3651,7001.5m21,3884,01725,85810,35570,783
60/66A 20.4m15.8m15.9m18.3m19.6m18.1m18.4m22.6m24.7m22.5m
60 8.1m6.9m6.8m8.0m8.7m8.0m8.0m10.3m11.5m10.0m
600/8 8.1m6.9m6.7m8.1m8.6m8.0m7.9m10.0m11.3m10.1m
609 26,987-11,32550,675-20,91694,32612,02792,323297,187176,636-110,876
61 5.2m4.6m4.6m5.1m5.2m4.6m4.8m6.4m6.8m6.4m
62 4.5m4.2m4.2m4.8m5.2m5.1m5.2m6.0m5.9m5.8m
630 413,100252,510239,860242,047288,025286,457351,986332,512251,020241,344
631/4 41,243-150,000142,049-146,623128,276-10,153-33,50062,000-10,000-5,000
635/8 -22,800-22,8005,60044,462-16,756-21,9566,480-122,012181,629-29,500
640/8 2.6m69,69364,276220,380119,300117,54978,46551,07266,54652,742
649 -427,337--82,660-----300,200--
66A 547,37177,24140,6922,78841,453-13,90847,97622,1063,740
9901 -3.2m-124,588-413,020-10,915-212,262270,339206,510-554,129-1.4m-474,330
75/76B 117,602161,860200,122288,188451,639485,677422,290358,8271.8m275,444
75 117,602161,860200,122288,188451,639485,677422,290358,8271.8m275,444
750 --------1.6m-
751 99,461147,329181,222284,669388,314335,697292,562265,43125,732-
752/9 18,14114,53118,9003,51963,325149,979129,72893,396176,966275,444
65/66B 256,251259,969281,014339,106452,147539,436520,930517,106329,252174,881
65 256,251259,969281,014339,106452,147539,436520,930517,106329,252174,881
650 123,615138,953154,576204,830303,577276,517330,506513,405271,950169,615
652/9 132,636121,015126,438134,276148,570262,918190,4243,70257,3015,266
9903 -3.8m-293,129-500,239-62,9221.3m237,96997,979-734,526107,654-306,723
67/77 2,3062,2113,1983,742---9797119,627
670/3 2,3062,4733,1983,742---97119,627
77 -262----97---
9904 -3.8m-295,340-502,936-66,1641.3m238,46998,577-734,123108,153-325,850
9905 -3.8m-295,340-502,936-66,1641.3m238,46998,577-734,123108,153-325,850
Appropriation of the result
9906 -4.1m-295,340274,085777,022887,563-397,076-635,546-734,123108,153-325,850
791/2 --305,520-----2.6m325,850
792 --305,520-----2.6m325,850
691/2 ----44,378---108,153-
6920 ----44,378---5,408-
6921 --------102,745-
694/7 --579,605-----2.6m-
694 --579,605-----2.6m-
Social balance sheet
9087 79.882.383.789.391.295.7106.8117.9120.1118.9
Men (FTE)1003 61.462.363.467.3------
Women (FTE)1003 18.42020.322------
Agency workers1501 1.30.20.50.50.9--211.615.2
Hours worked1013 122,326113,306115,015128,301138,592141,964151,103184,231188,088191,213
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 29 older financial years (1977-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2015 (PDF), filed on 21-09-2016.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2015 annual accounts filed 52 days after the deadline. Filed on 21 September 2016, deadline 31 July 2016 (7 months after the close on 31 December 2015, Companies Code art. 3:10). Source: NBB, 2016-60300331.

Financial year Type Filed Reference Document
31-12-2015 full format 21-09-2016 2016-60300331 PDF
31-12-2014 full format 09-07-2015 2015-28800009 PDF
31-12-2013 full format 18-07-2014 2014-32000345 PDF
31-12-2012 full format 23-08-2013 2013-44700522 PDF
31-12-2011 full format 26-07-2012 2012-33500337 PDF
31-12-2010 full format 05-08-2011 2011-37800020 PDF
31-12-2009 full format 30-08-2010 2010-51300333 PDF
31-12-2008 full format 13-07-2009 2009-39700017 PDF
31-12-2007 full format 07-08-2008 2008-53800281 PDF
31-12-2006 full format 27-06-2007 2007-28400001 PDF
31-12-2005 full format 29-06-2006 2006-34202954 PDF
31-12-2004 full format 29-06-2005 2005-35103881 PDF
31-12-2003 full format 17-06-2004 2004-26600186 PDF
31-12-2002 full format 02-07-2003 2003-37400846 PDF
31-12-2001 full format 18-07-2002 2002-39500001 PDF
31-12-2000 full format 02-07-2001 2001-31703729 PDF
31-12-1999 full format 16-06-2000 2000-23300770 PDF
31-12-1998 full format 15-06-1999 1999-18400167 PDF
31-12-1997 full format 15-06-1998 1998-17502939 PDF
31-12-1996 full format 18-06-1997 1997-17200094 PDF
31-12-1995 full format 20-06-1996 1996-19305060 PDF
31-12-1994 full format 27-06-1995 1995-29500397 PDF
31-12-1993 full format 27-06-1994 1994-20101224 PDF
31-12-1992 full format 02-07-1993 1993-24100704 PDF
31-12-1991 full format 23-06-1992 1992-13900517 PDF
31-12-1990 full format 24-06-1991 1991-12103440 PDF
31-12-1989 full format 14-06-1990 1990-08900627 PDF
31-12-1988 full format 15-06-1989 1989-08800519 PDF
31-12-1987 full format 15-06-1988 1988-08203806 PDF
31-12-1986 full format 26-06-1987 1987-12703246 PDF
31-12-1985 abbreviated format 24-06-1986 1986-18301189 PDF
31-12-1984 full format 27-06-1985 1985-16400765 PDF
31-12-1983 unclassified schema 25-06-1984 1984-07300734 PDF
31-12-1982 unclassified schema 22-06-1983 1983-06600754 PDF
31-12-1981 unclassified schema 06-07-1982 1982-08402313 PDF
31-12-1980 unclassified schema 29-06-1981 1981-07002147 PDF
31-12-1979 unclassified schema 24-06-1980 1980-06400528 PDF
31-12-1978 unclassified schema 03-07-1979 1979-07701811 PDF
31-12-1977 unclassified schema 29-06-1978 1978-04602240 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2015201420132012201120102009200820072006
-2.8m127,922-173,161231,13275,763556,796558,496-221,617-1.1m-232,986
-3.4m-42,829-263,077175,8841.6m524,926450,562-401,610359,173-84,506
491,315491,316930,302110,860181,140163,834145,380193,363283,559298,438
-420,560456,470-485,166-496,923959,757277,512-173,966-30,884175,083-
-4.6m-558,640-64,120800,7072.7m1.4m1.2m1.2m2.4m-415,253
-19.3%-0.8%-2.7%-0.1%-1.1%1.5%1.1%-2.5%-6.0%-2.1%
-26.2%22.2%17.9%27.1%19.7%17.4%16.6%15.5%17.9%29.0%
0.520.930.991.101.311.181.181.171.290.93
0.370.740.780.921.110.920.930.941.030.62
-3.474.542.684.064.725.005.414.512.44
--12.2%-28.1%-1.9%43.7%10.4%4.8%-37.6%4.0%-11.8%
-48.0%-2.7%-5.0%-0.5%8.6%1.8%0.8%-5.8%0.7%-3.4%
-22.580.92-1.121.130.252.011.69-0.43-4.12-1.37
50 days32 days27 days49 days43 days39 days40 days31 days43 days53 days
107 days88 days57 days66 days61 days48 days29 days26 days59 days46 days

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on WELDIMO

The operating result for 2015 is a loss of €3.2m, larger than the loss of €124,588 in 2014. It is the lowest result since 2006.

Equity is negative. Debt (€10.0m) exceeds the balance-sheet total (€8.0m).

Board & ownership

Curators

3 mandates
Curator, Piepelpoel 13, 3700 Tongeren
from 11-10-2016 to 31-01-2023
Also on 45 other cases
Curator, Piepelpoel 13, 3700 Tongeren
from 11-10-2016 to 31-01-2023
Also on 151 other cases
Curator, Piepelpoel 13, 3700 Tongeren
from 11-10-2016 to 31-01-2023
Also on 161 other cases

Control

Consolidating parent
Weldimo Holding BV NL
consolidates
This company
WELDIMO
Equity -€2.1m
Loss €3.8m in 2015

Capital

Capital
€1,700,000
Source
2015 annual accounts

Owners through the years

as the annual accounts name them
Weldimo Holding BV NL
consolidates
0.02% until 2006
Owners as a list

Source: parent in its own accounts, lists of holdings in the owners' accounts

Office holders in the KBO →

Network & group

Holdings

own 2015 accounts, the bar shows equity in euros
This companyWELDIMO2 holdings, 1 country 2015 accounts

Belgium 2 Equity Result

  • BE MODIWEL99%bankrupt €1.3m result -€993,812
  • BE GLASCO99%bankrupt €1,409 result -€11,865

Source: list of holdings in its own 2015 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2015, in their own currency.

Parent

Holdings through the years

2006 to 2015
Holdings through the years
Name2006200720082009201020112012201320142015
GLASCO 5%99%
MODIWEL 99%
Euro Thermo 98%

Source: list of holdings in its own accounts

Connections & network

Timeline

Timeline

45 events since 1978
2023
Bankruptcy closure (by liquidation) Enterprise Court of Antwerp, Tongeren division · judgment of 31-01-2023
2016
Bankruptcy published Commercial Court of Antwerp, Tongeren division · judgment of 11-10-2016
Annual accounts 2015 filed PDFfull format · 52 days late
2015
Weakest financial year net -€3.8m The net result drops to -€3.8m, the lowest from 2006 to 2015.
Annual accounts 2014 filed PDFfull format · 22 days before the deadline
2014
Annual accounts 2013 filed PDFfull format · 13 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 23 days late
2012
Annual accounts 2011 filed PDFfull format · 5 days before the deadline
2011
Highest result from 2006 to 2015 net €1.3m ▲439% The net result of €1.3m is the highest of those years.
Annual accounts 2010 filed PDFfull format · 5 days late
2010
Annual accounts 2009 filed PDFfull format · 30 days late
2009
Back to profit net €98,577 The net result is €98,577, after one loss-making year.
Annual accounts 2008 filed PDFfull format · 18 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 7 days late
2007
Back to profit net €108,153 The net result is €108,153, after one loss-making year.
Annual accounts 2006 filed PDFfull format · 34 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
Annual accounts 1995 filed PDFfull format
1995
Annual accounts 1994 filed PDFfull format
1994
Annual accounts 1993 filed PDFfull format
1993
Annual accounts 1992 filed PDFfull format
1992
Annual accounts 1991 filed PDFfull format
1991
Annual accounts 1990 filed PDFfull format
1990
Annual accounts 1989 filed PDFfull format
1989
Annual accounts 1988 filed PDFfull format
1988
Annual accounts 1987 filed PDFfull format
1987
Annual accounts 1986 filed PDFfull format
1986
Annual accounts 1985 filed PDFabbreviated format
1985
Annual accounts 1984 filed PDFfull format
1984
Annual accounts 1983 filed PDFunclassified schema
1983
Annual accounts 1982 filed PDFunclassified schema
1982
Annual accounts 1981 filed PDFunclassified schema
1981
Annual accounts 1980 filed PDFunclassified schema
1980
Annual accounts 1979 filed PDFunclassified schema
1979
Annual accounts 1978 filed PDFunclassified schema
1978
Annual accounts 1977 filed PDFunclassified schema

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Turnover fell from €19.5m in 2011 to €16.6m in 2015 and headcount from 91.2 to 79.8 full-time equivalents.1 The bankruptcy of WELDIMO was declared on 11 October 2016 and closed on 31 January 2023.23

  1. 1National Bank, annual accounts 2011 and 2015
  2. 2Belgian Official Gazette, 13-10-2016
  3. 3Belgian Official Gazette, 03-02-2023

Company details

Inactive

WELDIMO is no longer in the KBO register.

Last annual accounts
financial year to 31 December 2015
Last registered office
Industrieterrein Vostert 1111, 3960 Breeas published on 21 April 2016
Legal form
Public limited company
First annual accounts
financial year 1977
Official KBO record