WELLE SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of WELLE SERVICES is 4.4% (elevated). The 2025 annual accounts show equity of €5,607 and a net result of -€1,863. Its solvency ranks better than 65% of 4709 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 12 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 3,227 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 87% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,227 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Non-recurring operating income76A | - | €7,174 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,438 | €7,438 | = |
| Other operating charges640/8 | €1,741 | €227 | ▼ 87.0% |
| Gross operating margin9900 | €30,987 | €17,422 | ▼ 43.8% |
| Operating profit (loss)9901 | €21,808 | €9,757 | ▼ 55.3% |
| Financial charges65/66B | €24,338 | €11,620 | ▼ 52.3% |
| Recurring financial charges65 | €24,338 | €11,620 | ▼ 52.3% |
| Profit (loss) for the period before taxes9903 | -€2,530 | -€1,863 | ▲ 26.4% |
| Profit (loss) for the period9904 | -€2,530 | -€1,863 | ▲ 26.4% |
| Profit (loss) for the period to be appropriated9905 | -€2,530 | -€1,863 | ▲ 26.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €19,916 | €10,411 | ▼ 47.7% |
| Fixed assets21/28 | €14,876 | €7,438 | ▼ 50.0% |
| Tangible fixed assets22/27 | €14,876 | €7,438 | ▼ 50.0% |
| Furniture and vehicles24 | €14,876 | €7,438 | ▼ 50.0% |
| Current assets29/58 | €5,040 | €2,973 | ▼ 41.0% |
| Cash at bank and in hand54/58 | €4,743 | €1,599 | ▼ 66.3% |
| Deferred charges and accrued income490/1 | €297 | €1,374 | ▲ 362% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €19,916 | €10,411 | ▼ 47.7% |
| Equity10/15 | €7,470 | €5,607 | ▼ 24.9% |
| Contributions10/11 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€2,530 | -€4,393 | ▼ 73.6% |
| Amounts payable17/49 | €12,446 | €4,803 | ▼ 61.4% |
| Amounts payable within one year42/48 | €12,446 | €4,803 | ▼ 61.4% |
| Trade debts44 | €8,664 | €4,529 | ▼ 47.7% |
| Suppliers440/4 | €8,664 | €4,529 | ▼ 47.7% |
| Taxes, remuneration and social security45 | €769 | €274 | ▼ 64.4% |
| Taxes450/3 | €769 | €274 | ▼ 64.4% |
| Other amounts payable47/48 | €3,014 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€2,530 | -€1,863 | ▲ 26.4% |
| + Depreciation and write-downs630 | €7,438 | €7,438 | = |
| Operating cash flow (approximation) | €4,908 | €5,575 | ▲ 13.6% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€3,144 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
| 41076B1281/00Z000 | Flanders | 247 m² | 1 · 81 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.