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WELL PUMPS

Active
Public limited companyfounded 199531 yrs activeAvenue de Lambusart(L) 18, 6220 Fleurus, BelgiumKBO/BCE: BE 0455.694.221

WELL PUMPS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-253k) and a net result of €96k. Equity is shrinking by ~50.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 670 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
54 / 100
Fair▲ +32 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▼-2
Solvency67=
Growth51▲+29
Stability100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 4.42 against 4.31 in 2024), but equity is negative.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 31 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 670 sector peers (2025).
NBB · sector comparison
Position among 670 sector peers
Solvency
better than 5%
← weakest strongest →
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 d early
2024
27 d early
2023
19 d early
2022
11 d late
2021
11 d early
2020
173 d late
2019
23 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
15-09-2026 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, full schema

Turnover
€4.00M▲ 15.1%
2024 · €3.47M
2023: €3.87M 2024: €3.47M
2023 → 2025
EBIT margin
5.8%▲ 13.6pp
2024 · -7.8%
2023: 1.9% 2024: -7.8%
2023 → 2025
Net result
€96k
2024 · €-651k
2018: €-557k 2019: €-258k 2020: €-283k 2021: €-85k 2022: €-312k 2023: €-73k 2024: €-651k
2018 → 2025
Working capital
€2.04M▲ 7.8%
2024 · €1.89M
2018: €595k 2019: €292k 2020: €686k 2021: €759k 2022: €1.73M 2023: €2.22M 2024: €1.89M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€3.87M€3.47M▼ 10.3%€4.00M▲ 15.1%
Equity€705k-€385k▼ 45.4%€307k▼ 20.3%€-349k€-253k▲ 27.5%
Operating result€-17k-€-153k▼ 800%€72k€-272k€233k
Net result€-85k-€-312k▼ 267%€-73k▲ 76.5%€-651k▼ 787%€96k
Result per fiscal year
Operating resultNet result
€-750k€-500k€-250k€0€250kOperating result 2021: €-17k€-17kNet result 2021: €-85k€-85kOperating result 2022: €-153k€-153kNet result 2022: €-312k€-312kOperating result 2023: €72k€72kNet result 2023: €-73k€-73kOperating result 2024: €-272k€-272kNet result 2024: €-651k€-651kOperating result 2025: €233k€233kNet result 2025: €96k€96k20212022202320242025
The operating result returns to profit in 2025: €233k after a loss of €272k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.77M
Fixed assets €1.13M▼ 12.7%
Current assets €2.64M▲ 7.0%
Key figures and ratios
2025 value · change against 2024
EBITDA
€442k
2024 · €-19k
Cash flow
€305k
2024 · €-398k
Solvency
-6.7%
2024 · -9.3%
Current ratio
4.42
2024 · 4.31
Quick ratio
1.50
2024 · 0.71
Debt / equity
-15.87
2024 · -11.76
ROE
-37.9%
2024 · 186.2%
ROA
2.5%
2024 · -17.3%
Interest coverage
3.32
2024 · -0.13
Debt
€4.02M
2024 · €4.11M
Debt ≤ 1 year
€596k
2024 · €572k
Debt > 1 year
€3.41M
2024 · €3.54M
Staff costs
€485k
2024 · €465k
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€3.76M€3.77M
Formation expenses20€0€0=
Fixed assets21/28€1.30M€1.13M
Intangible fixed assets21€123k€59k
Tangible fixed assets22/27€674k€573k
Land and buildings22€603k€539k
Plant, machinery and equipment23€56k€30k
Furniture and vehicles24€15k€4k
Financial fixed assets28€500k€500k=
Affiliated companies280/1€500k€500k=
Participating interests280€500k€500k=
Current assets29/58€2.46M€2.64M
Stocks and contracts in progress3€2.06M€1.74M
Stocks30/36€2.06M€1.74M
Raw materials and consumables30/31€145k€123k
Work in progress32€925k€650k
Finished goods33€137k€524k
Goods purchased for resale34€849k€443k
Amounts receivable within one year40/41€286k€420k
Trade receivables40€258k€390k
Other amounts receivable41€27k€30k
Cash at bank and in hand54/58€117k€476k
Deferred charges and accrued income490/1€5k€200
Equity and liabilities
Total equity and liabilities10/49€3.76M€3.77M
Equity10/15€-349k€-253k
Contributions10/11€620k€620k=
Capital10€620k€620k=
Issued capital100€620k€620k=
Revaluation surpluses12€288k€244k
Reserves13€985k€1.03M
Non-distributable reserves130/1€62k€62k=
Legal reserve130€62k€62k=
Distributable reserves133€923k€966k
Profit (loss) carried forward14€-2.24M€-2.15M
Amounts payable17/49€4.11M€4.02M
Amounts payable after more than one year17€3.54M€3.41M
Other amounts payable178/9€3.54M€3.41M
Amounts payable within one year42/48€572k€596k
Financial debts43€6k€7k
Credit institutions430/8€6k€7k
Trade debts44€519k€531k
Suppliers440/4€519k€531k
Advances received on contracts in progress46-€20k
Taxes, remuneration and social security45€47k€39k
Taxes450/3-€0
Remuneration and social security454/9€47k€39k
Accrued charges and deferred income492/3€0€11k
Income statement Code20242025
Operating income70/76A€3.13M€4.24M
Turnover70€3.47M€4.00M
Change in stocks of work in progress, finished goods and contracts in progress71€-354k€112k
Other operating income74€14k€115k
Non-recurring operating income76A-€11k
Operating charges60/66A€3.41M€4.00M
Goods for resale, raw materials and consumables60€1.82M€2.43M
Purchases600/8€1.74M€2.00M
Change in stocks: decrease (increase)609€73k€429k
Services and other goods61€829k€838k
Remuneration, social security and pensions62€465k€485k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€253k€209k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7k€-26k
Other operating charges640/8€36k€66k
Operating profit (loss)9901€-272k€233k
Financial income75/76B€8k€12k
Recurring financial income75€8k€12k
Other financial income752/9€8k€12k
Financial charges65/66B€387k€149k
Recurring financial charges65€157k€149k
Debt charges650€138k€133k
Other financial charges652/9€19k€16k
Non-recurring financial charges66B€229k-
Profit (loss) for the period before taxes9903€-651k€96k
Profit (loss) for the period9904€-651k€96k
Profit (loss) for the period to be appropriated9905€-651k€96k
Appropriation of the result
Profit (loss) to be appropriated9906€-2.24M€-2.15M
Profit (loss) brought forward from the previous period14P€-1.59M€-2.24M
Social balance
Average headcount (FTE)908711.611.0

The notes to these accounts (66 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
29-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Back to profitnet €96k
Net result €96k after 7 loss-making years.
04-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Weakest financial yearnet €-651k
Net result drops to €-651k, the lowest in the series; recovery starts the following year.
12-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Liquidity doublescurrent ratio 4.04
Current ratio from 2.01 to 4.04; short-term debt falls from €1.71M to €730k.
11-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 11 days late
2022
20-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
20-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 173 days late
2020
08-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
27-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
08-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
10 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, Fleurus · 1 establishment unit since 1995
establishment approximate 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.

Avenue de Lambusart(L) 186220 Fleurus
Ground area
9,667 m²
Building footprint
5,820 m²
Volume, LiDAR
36,827 m³
Parcel 52332B0497/00H002, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WELL PUMPS
Avenue de Lambusart(L) 18, 6220 FleurusNACE 2912001
since 19952.072.761.524
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52332B0497/00H002 Wallonia 9,667 m² 1 · 5,820 m² 7.5 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 3,447 companies in sector 25530 we hold annual accounts for 1,644. 1,329 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded05-08-1995
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
25999Manufacture of fabricated metal products, except machinery and equipment
28520
Sources
Crossroads Bank for EnterprisesNational Bank · 30 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.