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WELEK SERVICE

Active
Private limited companyfounded 2010active for 16 yearsPostbaan 72 A, 2910 Essen, BelgiumKBO/BCE: BE 0822.035.012
Summary

WELEK SERVICE has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €778,719 and a net result of €113,506. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 66% of 9,849 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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WELEK SERVICEActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
1 site
Size
≈ €980,000turnover 2025, estimated
Staff
3.5 FTE
Equity
€778,719
Profit
€113,506
Turnover estimated from the gross margin
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 45 days early1 of 6 deeds summarised
Why 96raises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.35, cash €422,257Equity €778,719 (57.5% of total assets)Figures for financial year 2025 (filed 16-06-2026)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 65% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 82+9
equity 57.5% of total assets
Liquidity 77+4
short-term debt 29.8% · cash 31.2%
Profitability 79-3
return on assets 8.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,663 companies, NACE 43, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.35, compared with 1.09 in 2024, below the usual 1.5; short-term debt: 29.8% and cash: 31.2% of total assets), and 42.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 63% on solvency, 75% on liquidity, 58% on profitability and 64% on growth.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.35, cash €422,257
NBB · annual accounts
lowers risk · Equity €778,719 (57.5% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 16-06-2026)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
14 days early
2023
30 days late
2022
49 days early
2021
61 days early
2020
86 days late
2019
69 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 June (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Highest result from 2018 to 2025net €144,184 ▲62.7%

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €113,506 8 years View
  • Positive: Among the best 20% on equitysector median €252,118 · 9,851 companies €778,719 View
  • Total assets 20256 financial years filed €1.4m View

By topic

Financials

Financial year
2025
Total assets
€1.4m
Profit
€113,506
Solvency
57.5%
Total assets▼ 1.4%
Net result
20182025
Go to Financials

Timeline

Events
20
Since
2011
Next accounts
by 31-07-2027
  1. 05-09-2024Resignation: Konings Lodewijk (director)
  2. 30-08-2024Annual accounts filed
  3. 12-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
07-01-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about WELEK SERVICE

What is the company number of WELEK SERVICE?
0822.035.012. In Belgium the VAT number is the company number with BE in front: BE 0822.035.012.
Where is WELEK SERVICE based?
The registered office is at Postbaan 72 A, 2910 Essen.Company details
What does WELEK SERVICE do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of WELEK SERVICE?
Private limited company (BV).
When was WELEK SERVICE founded?
On 07-01-2010.
Is WELEK SERVICE still active?
Yes, WELEK SERVICE is an active enterprise in the KBO register.
How many employees does WELEK SERVICE have?
On average 3.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of WELEK SERVICE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is WELEK SERVICE profitable?
In financial year 2025, WELEK SERVICE made a profit of €113,506.
Where can I find the annual accounts of WELEK SERVICE?
WELEK SERVICE filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WELEK SERVICE due?
By 31-07-2027, for financial year 2026.Timeline

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