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WELDING SERVICES

Active Public limited companyfounded 2000active for 25 yearsHoogkamerstraat 345A, 9140 TemseKBO/BCE: BE 0473.213.708 subsidiary of

Lifetime

20 annual accounts with figures on one time axis, 25 filings since 2001
peak €842,828 (2025)
€842,828▲ 7.4%
peak €241,181 (2018)
€44,925▼ 64.1%
peak €2.1m (2021)
€1.1m▼ 38.7%
€728,891▲ 6.3%
peak 6.7 FTE (2025)
6.7 FTE▲ 36.7%
Board8 names since 2019
3 directors and 2 others
Owners
100%
Documentsfilings and deeds
18-05-202674 days before the deadline
2025abbreviated format
Result from €125,090 to €44,925Staff from 4.9 FTE to 6.7 FTEDemerger: WELDING SERVICES splits off to G.K. TOOLS & MACHINERY 28-08Demerger proposal: WELDING SERVICES splits off to G.K. TOOLS… 21-05Equity from €1.7m to €1.1m

Key points

from the 2025 annual accounts

Equity

€1.1m from €2.1m in 2021

Equity fell by 48% in 4 years.

Result

€44,925 ▼ 64.1%
€125,0002024€44,9002025

The result fell in 2025 from €125,090 to €44,925.

Investments

€112,476 1.6 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 61.2% higher than in 2024.

Staff

8 employees on 31-12-2025
112021102023302025

In 2025, 3 people joined and nobody left.

Filings

25 annual accounts since 2001
AprilJune31 JulyOctober20102020

The last five annual accounts were filed 33 to 99 days before the end of the period.

Restructuring

2025
  • 13-11-2000 founded
  • 28-08-2025 contribution to G.K. TOOLS & MACHINERY

Branch transferred to G.K. TOOLS & MACHINERY. Contribution on 28-08-2025.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,044 companies had the same profile as WELDING SERVICES has now. Each dot stands for 43 companies, two years later.

94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,044 companies, not a prediction for WELDING SERVICES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Managing director,
Managing director,
Director, , since 28-06-2023
  • 100%score equity €3.2m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0473213708
Demerger: WELDING SERVICES splits off to G.K. TOOLS & MACHINERY Capital from €64,000 to €37,553.84 · Capital from €37,553.84 to €61,500 · General meeting of 29-07-2025 · Gazette deed
Demerger proposal: WELDING SERVICES splits off to G.K. TOOLS & MACHINERY Appointment: (statutory auditor) · Capital increase of €26,446.16 · holds all the shares · Gazette deed
2 directors appointed, 4 resignations Resignations: (managing director), (managing director), and · Permanent representatives: , , and · Appointments: (managing director) and · General meeting of 28-06-2023 · Gazette deed
All 39 events

Comparable companies

same main activity, similar in size and age
Company
WELDING SERVICES Temse €1.8m €0.8m 59.4% 6.7
C-METALS Mouscron €1.7m €0.7m 29.2% 6.9
ELECTROLEVAGE Herve €1.6m €0.8m 69.7% 5.5
RITEC Deinze €2.1m €0.9m 68.9% 5.4
INCLUYO Erpe-Mere €2.4m €0.8m 45.0% 8.8
SAB BNL Dendermonde €2.4m €0.6m 37.6% 4.8
WOWOW EUROPE Aalst €2.0m €1.2m 62.4% 9

These companies have the same main activity as WELDING SERVICES: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €1.6m and €2.4m, founded between 1996 and 2004.

Official details

Source: KBO
Status
Active since 13-11-2000Normal situation
Activity
Wholesale of other machinery and equipmentNACE 46649and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.099.933.0069140 Temse, since 01-12-2000
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

≈ €4.2mestimated
€1.8m▼ 26.0%
Employeeson 31-12-2025
8▲ 60.0%
Filing
Filed on 18-05-2026, 74 days before the end of the filing period
Financials

Insights on WELDING SERVICES

WELDING SERVICES files the abbreviated format. That format states no turnover. The gross margin rose from €243,874 in 2006 to €842,828 in 2025.

The balance sheet grew most from 2011 to 2012 through fixed assets.

holds all the shares. In August 2023, three directors stepped down. In August 2023, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about WELDING SERVICES

What is the company number of WELDING SERVICES?
The company number of WELDING SERVICES is 0473.213.708. The VAT number is the same number with BE in front: BE 0473.213.708.
Where is WELDING SERVICES based?
The registered office is at Hoogkamerstraat 345A, 9140 Temse.Company details
What does WELDING SERVICES do?
According to the KBO register, the main activity is wholesale of other machinery and equipment (NACE 46649).
What is the legal form of WELDING SERVICES?
WELDING SERVICES is a public limited company (NV).
When was WELDING SERVICES founded?
WELDING SERVICES was founded on 13-11-2000.
Is WELDING SERVICES still active?
Yes, WELDING SERVICES is an active enterprise in the KBO register.
How many employees does WELDING SERVICES have?
WELDING SERVICES had an average of 6.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does WELDING SERVICES fall under?
In its 2025 annual accounts, WELDING SERVICES states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of WELDING SERVICES?
The turnover in financial year 2025 is ≈ €4.2m. This figure is estimated from the gross margin of €842,828 and 139 comparable companies (NACE 46). It probably lies between €2.7m and €7.3m.
Is WELDING SERVICES profitable?
In financial year 2025, WELDING SERVICES made a profit of €44,925.
Where can I find the annual accounts of WELDING SERVICES?
WELDING SERVICES filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WELDING SERVICES due?
WELDING SERVICES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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