Equity
€5,000 from €93,590 in 2024
Equity fell by 95% in 1 year.
WeLithe
Overview
Lifetime
4 annual accounts with figures on one time axispeak €104,126 (2022)
€68,456▲ 315%
peak €69,906 (2022)
€44,207▲ 22×
peak €93,590 (2024)
€5,000▼ 94.7%
€163,744▲ 618%
Board1 name since 2021
1 director
Documentsfilings and deeds
24-02-2026157 days before the deadline
2025financial year
Gross margin from €16,507 to €68,456Result from €2,043 to €44,207Dividend €132,797Equity from €93,590 to €5,000Debts from €22,798 to €163,744Cash from €92,451 to €138,646
Key points
from the 2025 annual accountsTurnover
≈ €170,000 estimated
The accounts state no turnover.
Debts
€163,744 97% of the balance sheet
Suppliers 1%Taxes and wages 7%Other 92%
Of this, €163,474 falls due within a year.
Liquidity
0.99 was 4.36 in 2024
Short-term debts rose from €22,798 to €163,474.
Filings
4 annual accounts since 2022
The last four annual accounts were filed 60 to 157 days before the end of the period.
Position in the sector
€5,000
Less equity than 89% of companies in advertising and market research. Sector median €685,092 · 480 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as WeLithe has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
Test of the method
The method was tested on the 497,331 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.
| 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 2,153 companies, not a prediction for WeLithe. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0770655694
Incorporation
Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 06-07-2021 · Gazette deed
First establishment
WELITHE SRL, Tumulidreef 10, Watermael-Boitsfort
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WeLithe Watermael-Boitsfort | €168,744 | €68,456 | 3.0% | - |
| AB MOVEMENTS Watermael-Boitsfort | €195,161 | €65,946 | 8.6% | - |
| Chadoquema Watermael-Boitsfort | €155,306 | €74,755 | 97.7% | - |
| ANIZ Forest | €176,652 | €72,771 | 60.7% | - |
| COMITI Koekelberg | €192,013 | €78,201 | 3.6% | - |
| TATUM Brussels | €159,284 | €85,042 | 1.0% | - |
| GOUDES VIBES Woluwe-Saint-Pierre | €206,500 | €64,886 | 73.9% | - |
These companies have the same main activity as WeLithe: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €155,000 and €207,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 02-07-2021Normal situation
- Activity
- Public relations and communication consultancyNACE 73300
- Establishment unit
- 2.319.440.6401170 Watermael-Boitsfort, since 02-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 10-11-2025
Annual accounts 2025
- €68,456▲ 315%
- €44,207▲ 22×
- €5,000▼ 94.7%
- €168,744▲ 45.0%
- Filing
- Filed on 24-02-2026, 157 days before the end of the filing period
Insights on WeLithe
Solvency fell in 2025 from 80.4% to 3.0% because of the dividend.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
full format, filed on 24-02-2026, 157 days before the deadline€68,456
▲ 315%
€57,612
▲ 986%
€44,207
▲ 22×
-€2,246
▼ €78,839
3.0%
▼ 77.4 percentage points
0.99
▼ 3.37
The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €130,000 and €250,000.
Balance sheet
balance sheet total €168,744 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
3.0%
Higher than 82% of 1,067 companies in 2024.
0.99
Higher than 80% of 1,038 companies in 2024.
26.2%
Higher than 41% of 1,061 companies in 2024.
WeLithe
Middle half of the sector
80% of the sector
Full accounts in advertising and market research (NACE 73)
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
168,744 | 116,388 | 132,709 | 124,877 | |
21/28 |
7,515 | 16,996 | 26,860 | 35,041 | |
22/27 |
7,515 | 16,996 | 26,860 | 35,041 | |
24 |
7,515 | 16,996 | 26,860 | 35,041 | |
29/58 |
161,229 | 99,391 | 105,849 | 89,836 | |
40/41 |
20,680 | 3,754 | 13,358 | 10,910 | |
40 |
17,218 | - | 10,184 | 10,910 | |
41 |
3,462 | 3,754 | 3,174 | - | |
54/58 |
138,646 | 92,451 | 89,970 | 75,895 | |
490/1 |
1,903 | 3,187 | 2,521 | 3,031 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
168,744 | 116,388 | 132,709 | 124,877 | |
10/15 |
5,000 | 93,590 | 91,547 | 74,906 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
14 |
- | 88,590 | 86,547 | 69,906 | |
17/49 |
163,744 | 22,798 | 41,163 | 49,972 | |
42/48 |
163,474 | 22,798 | 41,163 | 49,972 | |
44 |
1,929 | 1,348 | 1,369 | 2,929 | |
440/4 |
1,929 | 1,348 | 1,369 | 2,929 | |
45 |
11,100 | 3,300 | 11,633 | 13,146 | |
450/3 |
11,100 | 3,300 | 9,633 | 11,146 | |
454/9 |
- | - | 2,000 | 2,000 | |
47/48 |
150,445 | 18,149 | 28,161 | 33,897 | |
492/3 |
270 | - | - | - | |
| Income statement | |||||
9900 |
68,456 | 16,507 | 35,886 | 104,126 | |
630 |
10,247 | 10,619 | 10,398 | 12,469 | |
640/8 |
597 | 583 | 319 | 1,626 | |
66A |
- | - | 2,400 | - | |
9901 |
57,612 | 5,304 | 22,769 | 90,031 | |
65/66B |
1,366 | 1,561 | 1,303 | 1,925 | |
65 |
1,366 | 1,561 | 1,303 | 1,925 | |
9903 |
56,245 | 3,743 | 21,467 | 88,106 | |
67/77 |
12,038 | 1,700 | 4,826 | 18,200 | |
9904 |
44,207 | 2,043 | 16,641 | 69,906 | |
9905 |
44,207 | 2,043 | 16,641 | 69,906 | |
| Appropriation of the result | |||||
9906 |
132,797 | 88,590 | 86,547 | 69,906 | |
14P |
88,590 | 86,547 | 69,906 | - | |
694/7 |
132,797 | - | - | - | |
694 |
132,797 | - | - | - | |
| Document | |||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 24-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 67,859 | 15,924 | 33,167 | 102,501 | ||
| 54,455 | 12,663 | 27,039 | 82,375 | ||
| 766 | 756 | 2,217 | 47,511 | ||
| 46,195 | 2,481 | 14,075 | - | ||
| -2,246 | 76,594 | 64,687 | 39,865 | ||
| 3.0% | 80.4% | 69.0% | 60.0% | ||
| 0.99 | 4.36 | 2.57 | 1.80 | ||
| 32.75 | 0.24 | 0.45 | 0.67 | ||
| 884.1% | 2.2% | 18.2% | 93.3% | ||
| 26.2% | 1.8% | 12.5% | 56.0% | ||
| 49.67 | 10.20 | 25.46 | 53.24 |
EBIT margin: not included in this filing.
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €766 | €756 | €2,217 | €47,511 |
| €10,247 | €10,619 | €10,398 | €12,469 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on WeLithe
The operating result for 2025 is nearly 11 times that of 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 19.6% to 97.0%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 06-07-2021
term without a fixed end
listed in the 2025 annual accounts, filed on 24-02-2026
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), appointed by deed of 06-07-2021, still in office
Control
Founder
This company
WeLithe
Equity €5,000
Profit €44,207 in 2025
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €50 in 2025
- Source
- deed of 06-07-2021
Articles of association
deed of 06-07-2021 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of May at 17:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Shareholders
At incorporation
deed of 06-07-2021 ↗
- 100 shares (100%) · €5,000
Network & group
No group
WeLithe has no parent and no holdings in its annual accounts. is the only director. WeLithe shares no director with another company.
At the same address
Tumulidreef 10, 1170 Watermael-Boitsfort · 5 other companies| DRECOT
registered office since 14-09-1993 · founded in 1993 |
total assets €15.4m (2025) 0450.856.394 |
| FOURCO
registered office since 03-12-1993 · founded in 1993 |
total assets €910,913 (2025) 0451.569.147 |
| ETHICA MANAGEMENT
establishment since 15-11-2021 · founded in 2021 |
total assets €93,721 (2025) 0777.329.789 |
| BLS GSL
registered office since 20-12-1990 · founded in 1990 · negative equity (2025) |
total assets €77,447 (2025) 0442.715.819 |
| Vleurinck, Elisabeth (sole trader)
establishment since 01-10-2021 |
founded in 2021 0774.358.027 |
Timeline
Timeline
8 events since 2021Filings
Financial
Establishments
202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFfull format · 157 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0770655694
Annual accounts 2024 filed PDFfull format · 85 days before the deadline
2024
Weakest financial year net €2,043 ▼87.7% The net result drops to €2,043, the lowest from 2022 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFfull format · 78 days before the deadline
2023
Annual accounts 2022 filed PDFfull format · 60 days before the deadline
2021
IncorporationFounding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 06-07-20214 points ▸
- Founder,
- Founding capital, €5,000, 100 shares
- Director appointment, (director (not named in the articles))
- Permanent representative,
- The deed holds 4 more points.
First establishment WELITHE SRL, Tumulidreef 10, Watermael-Boitsfort
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
Company details
Identity
- Enterprise number
- 0770.655.694
- VAT number
- BE 0770.655.694
- Peppol ID
- 0208:0770655694
- Other Peppol ID
- 9925:BE0770655694
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 02-07-2021
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of May at 17:00deed of 06-07-2021 (in French)
- Peppol
- Reachable since 10-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- WeLithe in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 06-07-2021 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”“Drève des Tumuli 10, 1170 Watermael-Boitsfort”deed of 06-07-2021 (in French)
Activities
NACEBEL 202573300
Public relations and communication consultancy main activity
Codes under NACEBEL 2008
70210
Activities of head offices; management consultancy activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La consultance et/ou la prestation de services dans les domaines de la gestion,de l'administration,de la performance,de la…”deed of 06-07-2021 (in French)
12 activities
- La consultance et/ou la prestation de services dans les domaines de la gestion,de l'administration,de la performance,de la restructuration,du développement,de la reconversion et du management d'entreprises
- Le recrutement,le coaching personnel et professionnel,pour particulier ou entreprises,au sens le plus large,ou le métier de chasseur de têtes en général
- La réalisation d’études,la programmation et la mise en route de systèmes d'organisation,de vente,de publicité,de marketing,le développement et la mise en œuvre d’orientations stratégiques,la mise en application de systèmes pour traiter des données et toutes techniques en rapport avec la gestion technique,administrative,économique et générale d'entreprises
- L’e-commerce et la vente en ligne en rapport à son activité et de façon générale de tous produits dont le vente ne nécessite pas d’accès à une profession
- Tous travaux de secrétariat en général,tous travaux d'encodage et de traitement de l'information et/ou de données informatiques
- La consultance et l’intermédiation en matière financière,technique,commerciale ou administrative dans le sens le plus large du terme
- L’assistance et l’exécution de services directement ou indirectement sur le plan de l'administration et des finances,de la vente,de la production et de la gestion en général
- Toutes prestations de service et l’exécution de tous mandats sous forme d'études d'organisations,d'expertises,d'actes et de conseils techniques ou autres dans tout domaine rentrant dans son objet
- La formation et le management en entreprise,institutions diverses ou pour les particuliers,en ce compris la rédaction,la publication,la diffusion d’outils de formation
- La prise de participation directe ou indirecte dans toutes sociétés ou entreprises commerciales,industrielles,financières,mobilières et immobilières
- Le contrôle de leur gestion ou la participation à celle-ci par la prise de tous mandats au sein desdites sociétés ou entreprises
- L’achat,l’administration,la vente de toutes valeurs mobilières et immobilières,de tous droits sociaux et d’une manière plus générale toutes opérations de gestion du portefeuille ainsi constitué
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| WELITHE SRL registered office Tumulidreef 10, 1170 Watermael-Boitsfort | 02-07-2021 | 2.319.440.640 |
Buildings and parcels at the address
- Ground area
- 178 m²
- Buildings
- 178 m²
- Volume, LiDAR
- 1,192 m³
- Tallest building
- 10.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21652E0045/00K002 | 178 m² | 1 · 178 m² | 10.5 m · 2 |