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WELDING

Active Risk: not assessed
Foreign entityfounded 200619 yrs activeKONRADO 93, 67-400 WSCHOWA, PolandKBO/BCE: BE 0883.906.758
Summary

For the legal form of WELDING, Checked does not compute a bankruptcy probability. The 2009 annual accounts show equity of €21,281 and a net result of €1,333. Equity is growing by ~4.1% per year across the filed fiscal years. The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2009 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2009 · tick = 2008
Profitability40▲+1
Solvency43▼-32
Growth78▲+26
Track record100
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Signals

Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 30-09-2009. Since then, 16 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filings
Position against the passed deadline
30-09-2010 close30-04-2011 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2009 was due by 30-04-2010 and was filed on 09-04-2010, 21 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 October 2006, WELDING was incorporated.1 Total assets went from EUR 59,113 in 2007 to EUR 120,116 in 2009.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2007 and 2009

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Financials · fiscal year 2009, abbreviated schema

Equity
€21,281▲ 6.7%
2008 · €19,949
Total assets
€120,116▲ 201%
2008 · €39,947
Net result
€1,333▲ 365%
2008 · €287
Working capital
-€2,335
2008 · €18,327
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line200720082009
Operating result€1,590-€615▼ 61.3%€4,581▲ 644%
Net result€1,062-€287▼ 73.0%€1,333▲ 365%
Equity€19,662-€19,949▲ 1.5%€21,281▲ 6.7%
Total assets€59,113-€39,947▼ 32.4%€120,116▲ 201%
Debt€39,451-€19,998▼ 49.3%€98,835▲ 394%
Working capital€19,662-€18,327▼ 6.8%-€2,335
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2,000€4,000Operating result 2007: €1,590€1,590Net result 2007: €1,062€1,062Operating result 2008: €615€615Net result 2008: €287€287Operating result 2009: €4,581€4,581Net result 2009: €1,333€1,333200720082009€0€2,000€4,000Operating result 2007: €1,590€1,590Net result 2007: €1,062€1,060Operating result 2008: €615€615Net result 2008: €287€287Operating result 2009: €4,581€4,580Net result 2009: €1,333€1,330200720082009
The operating result recovers in 2009; 2009 is 644% above 2008 and is the highest result in the available series.
Balance-sheet composition
2009 in colour, 2008 as the grey bar beneath
Assets €120,116
Fixed assets €23,616 ▲ 1,356%
Current assets €96,500 ▲ 152%
Equity and liabilities €120,116
Equity €21,281 ▲ 6.7%
Debt €98,835 ▲ 394%
Debt's share of the balance-sheet total rises from 50.1% to 82.3%. Equity and debt are higher.
Key figures and ratios
2009 value · change against 2008
EBITDA
€10,586▲
2008 · €1,021
Cash flow
€7,338▲
2008 · €692
Current ratio
0.98▼
2008 · 1.92
ROE
6.3%▲
2008 · 1.4%
ROA
1.1%▲
2008 · 0.7%
Debt ≤ 1 year
€98,835▲
2008 · €19,998
Income taxes
€2,733▲
2008 · €283
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2009 against 2008 · 23 lines
Balance sheet Code20082009
Assets
Total assets20/58€39,947€120,116▲
Fixed assets21/28€1,622€23,616▲
Tangible fixed assets22/27€1,622€23,616▲
Current assets29/58€38,325€96,500▲
Amounts receivable within one year40/41€34,262€68,751▲
Cash at bank and in hand54/58€4,063€15,856▲
Equity and liabilities
Total equity and liabilities10/49€39,947€120,116▲
Equity10/15€19,949€21,281▲
Contributions10/11€18,600€18,600=
Reserves13€1,349€1,860▲
Profit (loss) carried forward14-€821
Amounts payable17/49€19,998€98,835▲
Amounts payable within one year42/48€19,998€98,835▲
Trade debts44€19,775€92,980▲
Income statement Code20082009
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€405€6,005▲
Gross operating margin9900€1,470€14,995▲
Operating profit (loss)9901€615€4,581▲
Recurring financial income75€15€27▲
Recurring financial charges65€61€100▲
Profit (loss) for the period before taxes9903€569€4,066▲
Income taxes67/77€283€2,733▲
Profit (loss) for the period9904€287€1,333▲
Profit (loss) for the period to be appropriated9905€287€1,333▲
Line200720082009Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€405€6,005▲ 1,381%
Gross operating margin9900€3,205€1,470€14,995▲ 920%
Operating profit (loss)9901€1,590€615€4,581▲ 644%
Recurring financial income75€63€15€27▲ 76.5%
Recurring financial charges65€91€61€100▲ 62.8%
Profit (loss) for the period before taxes9903€1,562€569€4,066▲ 614%
Income taxes67/77€500€283€2,733▲ 866%
Profit (loss) for the period9904€1,062€287€1,333▲ 365%
Profit (loss) for the period to be appropriated9905€1,062€287€1,333▲ 365%
Line200720082009Change
Assets
Total assets20/58€59,113€39,947€120,116▲ 201%
Fixed assets21/28-€1,622€23,616▲ 1,356%
Tangible fixed assets22/27-€1,622€23,616▲ 1,356%
Current assets29/58€59,113€38,325€96,500▲ 152%
Amounts receivable within one year40/41€50,497€34,262€68,751▲ 101%
Cash at bank and in hand54/58€8,616€4,063€15,856▲ 290%
Equity and liabilities
Total equity and liabilities10/49€59,113€39,947€120,116▲ 201%
Equity10/15€19,662€19,949€21,281▲ 6.7%
Contributions10/11€18,600€18,600€18,600=
Reserves13€1,062€1,349€1,860▲ 37.9%
Profit (loss) carried forward14--€821-
Amounts payable17/49€39,451€19,998€98,835▲ 394%
Amounts payable within one year42/48€39,451€19,998€98,835▲ 394%
Trade debts44-€19,775€92,980▲ 370%
Line200720082009Change
Profit (loss) for the period9904€1,062€287€1,333▲ 365%
+ Depreciation and write-downs630-€405€6,005▲ 1,381%
Operating cash flow (approximation)€1,062€692€7,338▲ 960%
Investment in fixed assets (approximation)---€28,000-
Change in cash--€4,553€11,793▲ 359%

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

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Timeline · acts, filings and financial milestones

2010
09-04
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
30-09
Financial Highest result since 2007net €1,333 ▲365%
Operating result €4,581, net result €1,333, both a record.
2008
08-12
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema
30-09
Financial Weakest financial yearnet €287 ▼73%
Net result drops to €287, the lowest in the series; recovery starts the following year.
12-02
NBB filing Annual accounts filed
fiscal year 2007 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, WSCHOWA · 1 establishment unit since 2007
establishment The establishment unit on the map
Cannot be placed on the map

The registered office is abroad (Poland). The address register our map runs on (BOSA BEST) covers Belgian addresses only.

KONRADO 9367-400 WSCHOWAPoland
Ground area
315 m²
Building footprint
315 m²
Volume, LiDAR
6,102 m³
Parcel 11804D0079/00B000, Flanders · tallest building 25.9 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
WELDING
NACE 45215
since 20072.165.534.797
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11804D0079/00B000 Flanders 315 m² 1 · 315 m² 25.9 m · 7 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formForeign entity
Founded03-10-2006
Fiscal year end30-09
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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Register as of 27 September 2026 · Peppol Directory

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