Checked.be
Active
BE 0441.766.605Private limited company (pre-2019)
WELLDONE
Vergoteplein 13 ·1200 Sint-Lambrechts-Woluwe, Belgium· 35 yrs active
Sector: Wholesale of cars and light vans (up to 3.5 tonnes)
(46711)
Conclusion
WELLDONE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €123k and a net result of €-25k. Equity is shrinking by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 48% of 15880 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €123k |
| Net result | €-25k |
| Better than sector | 48% |
| Active | 35 yrs |
Financial profile
50
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
43
Profitability
0
Solvency
73
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1990, 35 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
43
/ 100
Weak
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€500
estimate, not credit advice
Score history
75
2020
68
2021
45
2022
45
2023
43
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.69 (≥ 1.5)
+10
Quick ratio
Quick ratio 1.69 (≥ 1.0)
+5
Leverage
Debt/equity 1.71 (< 2.0)
+3
Profitability
Negatieve ROE -21%
-10
EBITDA margin
Negatieve EBITDA-marge
-10
Interest coverage
Interest coverage -0.2× (< 1.5×)
-10
Profit trend
Net profit up YoY
+5
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 15-11-2025 with the NBB · fiscal year 2024 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~13.4%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 36.8% | 39.5% | |
| Net result | €-25k | €5k | |
| Equity | €123k | €56k | |
| Gross operating margin | €-2k | €26k | |
| Total assets | €333k | €175k |
€4k
-
20-24
€-3k
+68.4%
20-24
€-25k
+2.9%
20-24
€-17k
+5.2%
20-24
€333k
-8.8%
20-24
€123k
-17.1%
20-24
€127k
-1.4%
20-24
€210k
-3.2%
20-24
€183k
-11.0%
20-24
1.69
+4.1%
20-24
1.69
+4.1%
20-24
36.8%
-9.0%
20-24
1.71
+16.7%
20-24
-20.6%
-17.0%
20-24
-7.6%
-6.4%
20-24
-562.5%
-
20-24
-57.2%
-
20-24
-0.19
+73.9%
20-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | €4k | - | - | - | - |
| EBITDA | €-3k | €-8k | €-15k | €-16k | €-14k |
| Net profit | €-25k | €-26k | €-22k | €24k | €151k |
| Cash flow | €-17k | €-18k | €-22k | €25k | €151k |
| Staff costs | - | - | - | - | - |
| Income taxes | - | - | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €333k | €365k | €404k | €418k | €371k |
| Equity | €123k | €148k | €174k | €196k | €172k |
| Debt | €210k | €217k | €230k | €222k | €200k |
| of which ≤ 1y | €183k | €205k | €222k | €214k | €191k |
| of which > 1y | - | - | - | - | - |
| Working capital | €127k | €128k | €181k | €204k | €179k |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 1.69 | 1.63 | 1.82 | 1.95 | 1.94 |
| Quick ratio | 1.69 | 1.63 | 1.82 | 1.95 | 1.94 |
| Working capital ratio | 38.0% | 35.2% | 44.9% | 48.8% | 48.3% |
| Solvency | 36.8% | 40.5% | 43.1% | 46.9% | 46.2% |
| Debt / equity | 1.71 | 1.47 | 1.32 | 1.13 | - |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | -0.19 | -0.72 | -1.62 | -2.80 | - |
| Gross margin | -38.1% | - | - | - | - |
| Net margin | -562.5% | - | - | - | - |
| ROA | -7.6% | -7.1% | -5.5% | 5.8% | 40.6% |
| ROE | -20.6% | -17.6% | -12.7% | 12.4% | 87.9% |
| EBITDA margin | -57.2% | - | - | - | - |
| Days sales outstanding | 4620d | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2024
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €333k | €365k | €404k | €418k | €371k |
| Fixed assets | 21/28 | €24k | €32k | €242 | €234 | €467 |
| Tangible fixed assets | 22/27 | €24k | €32k | €242 | €234 | €467 |
| Current assets | 29/58 | €309k | €334k | €403k | €418k | €371k |
| Amounts receivable within one year | 40/41 | €78k | €81k | €73k | €69k | €68k |
| Investments | 50/53 | €71k | €71k | €62k | €63k | €213k |
| Cash & bank | 54/58 | €159k | €182k | €269k | €285k | €89k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €333k | €365k | €404k | €418k | €371k |
| Equity | 10/15 | €123k | €148k | €174k | €196k | €172k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | - |
| Reserves | 13 | €2k | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €102k | €127k | €153k | €175k | €151k |
| Amounts payable | 17/49 | €210k | €217k | €230k | €222k | €200k |
| Amounts payable within one year | 42/48 | €183k | €205k | €222k | €214k | €191k |
| Trade debts payable within one year | 44 | - | - | €850 | €2k | - |
| Income statement | ||||||
| Turnover | 70 | €4k | - | - | - | - |
| Gross operating margin | 9900 | €-2k | €-7k | €-15k | €-16k | €-14k |
| Operating result | 9901 | €-11k | €-16k | €-16k | €-17k | €-15k |
| Financial income | 75 | €2k | €2k | €3k | €47k | €5k |
| Financial charges | 65 | €14k | €11k | €10k | €6k | €10k |
| Result before taxes | 9903 | €-25k | €-26k | €-22k | €24k | €-19k |
| Net result for the period | 9904 | €-25k | €-26k | €-22k | €24k | €-19k |
| Result to be appropriated | 9905 | €-25k | €-26k | €-22k | €24k | €-19k |
Legal Structure
| NACE primary | Wholesale of cars and light vans (up to 3.5 tonnes)(46711) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 26-10-1990 |
| Status | Active |
| Postal code | 1200 |
Establishment units
Auguste Reyerslaan 203, 1030 Schaarbeek
since 19972.050.768.753
Real-estate footprint
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21911C0141/00S013 | Brussels | 502 m² | 1 · 130 m² | 17.8 m · 5 fl. |
| 21673D0155/00N004 | Brussels | 410 m² | 1 · 157 m² | 17.5 m · 5 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
15-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 107 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 160 days late
2023
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 99 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
14-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 75 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Wholesale of cars and light vans (up to 3.5 tonnes)4671150101Retail sale of cars and light vans (up to 3.5 tonnes)47811General maintenance and repair of cars and light vans (up to 3.5 tonnes)953115010350200Legal and accounting activities69202Other tax advisory services6920974121
Names & trade names
| Legal nameNL | WELLDONE |
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