WELL I
ActiveWELL I has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €495k and a net result of €6k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 7932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-18
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 36.7; short-term debt: 2.2% and cash: 59.2% of total assets), and 2.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.8%
Return on assets
1.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
13 d early
2023
41 d early
2022
12 d early
2021
2 d early
2020
30 d late
2019
90 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€495k▲ 1.3%
2024 · €488k
2018: €287k
2019: €279k
2020: €288k
2021: €240k
2022: €208k
2023: €414k
2024: €488k
2018 → 2025
Total assets
€506k▲ 2.8%
2024 · €492k
2018: €318k
2019: €299k
2020: €320k
2021: €243k
2022: €213k
2023: €424k
2024: €492k
2018 → 2025
Net result
€6k▼ 91.3%
2024 · €74k
2018: €-21k
2019: €-8k
2020: €9k
2021: €-48k
2022: €-32k
2023: €206k
2024: €74k
2018 → 2025
Working capital
€390k▲ 1.2%
2024 · €386k
2018: €52k
2019: €72k
2020: €113k
2021: €90k
2022: €80k
2023: €309k
2024: €386k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€240k-€208k▼ 13.2%€414k▲ 98.9%€488k▲ 17.9%€495k▲ 1.3%
Operating result€-52k-€-36k▲ 31.3%€202k€67k▼ 67.0%€-904
Net result€-48k-€-32k▲ 34.6%€206k€74k▼ 63.9%€6k▼ 91.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €904 after €67k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €506k
Fixed assets
€104k▲ 2.1%
Current assets
€401k▲ 3.0%
Equity and liabilities €506k
Equity
€495k▲ 1.3%
Debt
€11k▲ 202%
The debt ratio rises from 0.8% to 2.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2k▼
2024 · €70k
Cash flow
€9k▼
2024 · €78k
Solvency
97.8%▼
2024 · 99.2%
Current ratio
36.70
Quick ratio
36.70
Debt / equity
0.02▲
2024 · 0.01
ROE
1.3%▼
2024 · 15.2%
ROA
1.3%▼
2024 · 15.1%
Interest coverage
46.52▼
2024 · 922.63
Debt
€11k▲
2024 · €4k
Debt ≤ 1 year
€11k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€492k€506k▲
Fixed assets21/28€102k€104k▲
Tangible fixed assets22/27€98k€100k▲
Land and buildings22€98k€100k▲
Financial fixed assets28€4k€4k=
Current assets29/58€390k€401k▲
Amounts receivable within one year40/41€85k€101k▲
Trade receivables40€1k€8k▲
Other amounts receivable41€84k€92k▲
Current investments50/53€200k€0▼
Cash at bank and in hand54/58€101k€299k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€492k€506k▲
Equity10/15€488k€495k▲
Contributions10/11€679k€679k=
Capital10€679k€679k=
Issued capital100€679k€679k=
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€-200k€-193k▲
Amounts payable17/49€4k€11k▲
Amounts payable within one year42/48€4k€11k▲
Trade debts44€3k€11k▲
Suppliers440/4€3k€11k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€267€220▼
Taxes450/3€267€220▼
Accrued charges and deferred income492/3€0€232▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€8k€9k▲
Gross operating margin9900€78k€11k▼
Operating profit (loss)9901€67k€-904▼
Financial income75/76B€8k€7k▼
Recurring financial income75€8k€7k▼
Financial charges65/66B€76€43▼
Recurring financial charges65€76€43▼
Profit (loss) for the period before taxes9903€74k€6k▼
Profit (loss) for the period9904€74k€6k▼
Profit (loss) for the period to be appropriated9905€74k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-200k€-193k▲
Profit (loss) brought forward from the previous period14P€-274k€-200k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 105.18
Current ratio from 33.41 to 105.18; short-term debt falls from €10k to €4k.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €206k
Net result €206k after 2 loss-making years.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-48k ▼625%
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 6current ratio 30.98
Current ratio from 4.95 to 30.98; short-term debt falls from €29k to €3k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Watermaal-Bosvoorde · 1 establishment unit since 1983
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Terhulpsesteenweg 1501170 Watermaal-BosvoordeGround area
4,415 m²
Building footprint
2,124 m²
Volume, LiDAR
45,158 m³
Parcel 21652E0035/00R005, Brussels · tallest building 36.1 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Well I
since 19832.102.426.302
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0035/00R005 | Brussels | 4,415 m² | 1 · 2,124 m² | 36.1 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 94 companies in sector 46424 we hold annual accounts for 44. 22 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-11-1983
Fiscal year end31-12
Activities, NACEBEL
46424Wholesale trade
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.