The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 11,278 companies had the same profile as Wele's chocolade has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
Micro
under 2 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
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 11,278 companies, not a prediction for Wele's chocolade. 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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Incorporation
Founding capital of €5,000, 100 shares · Founders: Hidden nameVisible after signing in and Name after signing inVisible after signing in · Appointments: Name hiddenVisible after signing in (director) and Hidden nameVisible after signing in (director) · published on 22-11-2024 · Gazette deed
First establishment
Wele's Chocolade BV, Broeseinderdijk 142, Pelt
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Wele's chocolade: manufacture of cocoa, chocolate and sugar confectionery (NACE 10820). They are comparable in size and age: total assets between €111,000 and €221,000, founded between 2023 and 2024.
Wele's chocolade has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81,009 and a net result of €76,009.
Its solvency ranks better than 55% of 1,086 sector peers (NACE 10, financial year 2025).
The company number of Wele's chocolade is 1016.411.332. The VAT number is the same number with BE in front: BE 1016.411.332.
Where is Wele's chocolade based?
The registered office is at Broeseinderdijk 142, 3910 Pelt.Company details
What does Wele's chocolade do?
According to the KBO register, the main activity is manufacture of cocoa, chocolate and sugar confectionery (NACE 10820).
What is the legal form of Wele's chocolade?
Wele's chocolade is a private limited company (BV).
When was Wele's chocolade founded?
Wele's chocolade was founded on 20-11-2024.
Is Wele's chocolade still active?
Yes, Wele's chocolade is an active enterprise in the KBO register.
What is the turnover of Wele's chocolade?
The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €132,171 and 1,392 comparable companies of the same size. It probably lies between €210,000 and €640,000. It is a rough estimate.Financials
Is Wele's chocolade profitable?
In financial year 2025, Wele's chocolade made a profit of €76,009.
Where can I find the annual accounts of Wele's chocolade?
Wele's chocolade filed 1 annual account with the National Bank of Belgium, for financial year 2025.