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WELL-PACK

Active
Private limited companyfounded 201411 yrs activeRusselt 92, 3830 Wellen, BelgiumKBO/BCE: BE 0506.704.046

WELL-PACK has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67k and a net result of €6k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 55% of 31544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
86 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-11
Solvency87▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.43 against 2.41 in 2024; short-term debt: 36.8% and cash: 63% of total assets), and 38.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
61.8%
Return on assets
5.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 11 years 0 20 y
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 d early
2024
14 d early
2023
14 d early
2022
5 d early
2021
3 d early
2020
9 d early
2019
1 d early
← 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 months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€67k▲ 9.3%
2024 · €62k
2018: €30k 2019: €32k 2020: €44k 2021: €55k 2022: €78k 2023: €47k 2024: €62k
2018 → 2025
Total assets
€109k▲ 6.0%
2024 · €103k
2018: €48k 2019: €52k 2020: €58k 2021: €73k 2022: €101k 2023: €93k 2024: €103k
2018 → 2025
Net result
€6k▼ 60.1%
2024 · €14k
2018: €2k 2019: €2k 2020: €12k 2021: €12k 2022: €22k 2023: €24k 2024: €14k
2018 → 2025
Working capital
€57k▲ 4.6%
2024 · €55k
2018: €21k 2019: €19k 2020: €33k 2021: €47k 2022: €71k 2023: €32k 2024: €55k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€55k-€78k▲ 40.5%€47k▼ 39.4%€62k▲ 30.5%€67k▲ 9.3%
Operating result€24k-€38k▲ 61.2%€43k▲ 11.7%€31k▼ 28.4%€18k▼ 42.8%
Net result€12k-€22k▲ 91.1%€24k▲ 8.3%€14k▼ 40.7%€6k▼ 60.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2021: €24k€24kNet result 2021: €12k€12kOperating result 2022: €38k€38kNet result 2022: €22k€22kOperating result 2023: €43k€43kNet result 2023: €24k€24kOperating result 2024: €31k€31kNet result 2024: €14k€14kOperating result 2025: €18k€18kNet result 2025: €6k€6k20212022202320242025
The operating result has fallen two years in a row; 2025 is 43% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €109k
Fixed assets €11k▲ 29.5%
Current assets €98k▲ 3.8%
Equity and liabilities €109k
Equity €67k▲ 9.3%
Debt €42k▲ 1.0%
The debt ratio falls from 40.1% to 38.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€21k
2024 · €42k
Cash flow
€9k
2024 · €26k
Solvency
61.8%
2024 · 59.9%
Current ratio
2.43
2024 · 2.41
Quick ratio
2.43
2024 · 2.41
Debt / equity
0.62
2024 · 0.67
ROE
8.5%
2024 · 23.4%
ROA
5.3%
2024 · 14.0%
Interest coverage
6.88
2024 · 14.32
Debt
€42k
2024 · €41k
Debt ≤ 1 year
€40k
2024 · €39k
Income taxes
€9k
2024 · €13k
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€103k€109k
Fixed assets21/28€9k€11k
Tangible fixed assets22/27€9k€11k
Land and buildings22€7k€5k
Plant, machinery and equipment23€1k€765
Furniture and vehicles24€890€6k
Current assets29/58€94k€98k
Amounts receivable within one year40/41€26k€26k
Trade receivables40€23k€22k
Other amounts receivable41€3k€3k
Cash at bank and in hand54/58€65k€69k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€103k€109k
Equity10/15€62k€67k
Contributions10/11€19k€19k=
Reserves13€43k€49k
Distributable reserves133€43k€49k
Amounts payable17/49€41k€42k
Amounts payable within one year42/48€39k€40k
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€836€4k
Suppliers440/4€836€4k
Taxes, remuneration and social security45€13k€13k
Taxes450/3€9k€13k
Remuneration and social security454/9€4k-
Other amounts payable47/48€25k€21k
Accrued charges and deferred income492/3€2k€2k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€3k
Other operating charges640/8€2k€2k
Gross operating margin9900€44k€23k
Operating profit (loss)9901€31k€18k
Financial income75/76B€0€26
Recurring financial income75€0€26
Financial charges65/66B€3k€3k
Recurring financial charges65€3k€3k
Profit (loss) for the period before taxes9903€28k€15k
Income taxes67/77€13k€9k
Profit (loss) for the period9904€14k€6k
Profit (loss) for the period to be appropriated9905€14k€6k
Appropriation of the result
Profit (loss) to be appropriated9906€14k€6k
Transfer to equity691/2€14k€6k
To other reserves6921€14k€6k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
17-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €24k ▲8.3%
Operating result €43k, net result €24k, both a record.
26-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Wellen · 1 establishment unit since 2014
establishment The establishment unit on the map
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.

Russelt 923830 Wellen
Ground area
1,199 m²
Building footprint
180 m²
Volume, LiDAR
1,103 m³
Parcel 73098E0339/00K000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Well-Pack
Russelt 92, 3830 WellenAgents in the wholesale of industrial machinery, ships and aircraft
since 20142.238.320.035
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73098E0339/00K000 Flanders 1,198 m² 1 · 180 m² 9.6 m · 2 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.

Similar companies · same sector, comparable size

Of 82,518 companies in sector 70200 we hold annual accounts for 52,573. 39,497 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-12-2014
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 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.