Wellekens
ActiveSummary
Wellekens has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €188k and a net result of €61k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 84% of 1909 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+32
Solvency100▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 4.73 against 3.15 in 2024; short-term debt: 19% and cash: 41.2% of total assets), and 19.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
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
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
80.2%
Return on assets
26.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
27 d late
2022
30 d late
2021
92 d late
2020
26 d late
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€188k▲ 48.4%
2024 · €126k
Total assets
€234k▲ 35.1%
2024 · €173k
Net result
€61k
2024 · €-1k
Working capital
€166k▲ 68.4%
2024 · €99k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€6k▲ 870%€52k▲ 794%€-1k€-518▲ 62.5%€82k
Net result€4k€37k▲ 722%€-4k€-1k▲ 66.6%€61k
Equity€95k▲ 4.9%€132k▲ 38.5%€128k▼ 3.2%€126k▼ 1.1%€188k▲ 48.4%
Total assets€285k▼ 3.1%€308k▲ 8.3%€191k▼ 38.0%€173k▼ 9.4%€234k▲ 35.1%
Debt€189k▼ 6.8%€176k▼ 6.9%€63k▼ 64.1%€47k▼ 26.3%€46k▼ 0.7%
Working capital€23k▼ 24.4%€28k▲ 19.3%€98k▲ 250%€99k▲ 1.0%€166k▲ 68.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €82k after a loss of €518 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €234k
Fixed assets
€23k ▼ 18.6%
Current assets
€211k ▲ 45.8%
Equity and liabilities €234k
Equity
€188k ▲ 48.4%
Debt
€46k ▼ 0.7%
Debt's share of the balance-sheet total falls from 26.9% to 19.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€92k▲
2024 · €11k
Cash flow
€72k▲
2024 · €10k
Current ratio
4.73▲
2024 · 3.15
Quick ratio
2.82▲
2024 · 1.20
Debt to equity
0.25▼
2024 · 0.37
ROE
32.6%▲
2024 · -1.1%
ROA
26.1%▲
2024 · -0.8%
Interest coverage
177.64▲
2024 · 11.34
Debt ≤ 1 year
€45k▼
2024 · €46k
Income taxes
€20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €8k | €12k | €11k | €11k | ▼ 7.2% |
| Other operating charges640/8 | €1k | €1k | €2k | €12k | €2k | ▼ 83.3% |
| Gross operating margin9900 | €16k | €61k | €12k | €23k | €94k | ▲ 315% |
| Operating profit (loss)9901 | €6k | €52k | €-1k | €-518 | €82k | ▲ 15,828% |
| Financial income75/76B | €389 | €0 | €9 | €61 | - | - |
| Recurring financial income75 | €389 | €0 | €9 | €61 | - | - |
| Financial charges65/66B | €2k | €2k | €3k | €958 | €518 | ▼ 45.9% |
| Recurring financial charges65 | €2k | €2k | €3k | €958 | €518 | ▼ 45.9% |
| Profit (loss) for the period before taxes9903 | €4k | €50k | €-4k | €-1k | €81k | ▲ 5,822% |
| Income taxes67/77 | - | €13k | €0 | - | €20k | - |
| Profit (loss) for the period9904 | €4k | €37k | €-4k | €-1k | €61k | ▲ 4,416% |
| Profit (loss) for the period to be appropriated9905 | €4k | €37k | €-4k | €-1k | €61k | ▲ 4,416% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €285k | €308k | €191k | €173k | €234k | ▲ 35.1% |
| Fixed assets21/28 | €106k | €125k | €40k | €29k | €23k | ▼ 18.6% |
| Tangible fixed assets22/27 | €103k | €122k | €39k | €28k | €22k | ▼ 19.2% |
| Land and buildings22 | €79k | €75k | - | - | - | - |
| Plant, machinery and equipment23 | €23k | €47k | €39k | €28k | €22k | ▼ 19.2% |
| Furniture and vehicles24 | €515 | €257 | - | - | - | - |
| Financial fixed assets28 | €3k | €3k | €824 | €824 | €824 | = |
| Current assets29/58 | €179k | €183k | €151k | €144k | €211k | ▲ 45.8% |
| Stocks and contracts in progress3 | €79k | €81k | €78k | €90k | €85k | ▼ 5.3% |
| Stocks30/36 | €79k | €81k | €78k | €90k | €85k | ▼ 5.3% |
| Amounts receivable within one year40/41 | €57k | €38k | €19k | €9k | €10k | ▲ 6.1% |
| Trade receivables40 | €56k | €38k | €18k | €8k | €8k | ▲ 5.1% |
| Other amounts receivable41 | €829 | - | €1k | €1k | €1k | ▲ 11.8% |
| Cash at bank and in hand54/58 | €41k | €61k | €42k | €35k | €96k | ▲ 178% |
| Deferred charges and accrued income490/1 | €3k | €3k | €11k | €11k | €20k | ▲ 79.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €285k | €308k | €191k | €173k | €234k | ▲ 35.1% |
| Equity10/15 | €95k | €132k | €128k | €126k | €188k | ▲ 48.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €35k | €72k | €72k | €72k | €72k | = |
| Non-distributable reserves130/1 | €14k | €14k | - | - | - | - |
| Reserves not available under the articles1311 | €14k | €14k | - | - | - | - |
| Distributable reserves133 | €21k | €58k | €72k | €72k | €72k | = |
| Profit (loss) carried forward14 | €42k | €42k | €37k | €36k | €97k | ▲ 170% |
| Amounts payable17/49 | €189k | €176k | €63k | €47k | €46k | ▼ 0.7% |
| Amounts payable after more than one year17 | €34k | €21k | €10k | - | - | - |
| Financial debts170/4 | €34k | €21k | €10k | - | - | - |
| Amounts payable within one year42/48 | €156k | €155k | €53k | €46k | €45k | ▼ 2.8% |
| Current portion of amounts payable after more than one year42 | - | €12k | €11k | €10k | - | - |
| Financial debts43 | €12k | - | - | - | - | - |
| Credit institutions430/8 | €12k | - | - | - | - | - |
| Trade debts44 | €25k | €26k | €20k | €17k | €16k | ▼ 7.3% |
| Suppliers440/4 | €25k | €26k | €20k | €17k | €16k | ▼ 7.3% |
| Taxes, remuneration and social security45 | €7k | €15k | - | €632 | €15k | ▲ 2,204% |
| Taxes450/3 | €884 | €15k | - | €632 | €15k | ▲ 2,204% |
| Remuneration and social security454/9 | €6k | - | - | - | - | - |
| Other amounts payable47/48 | €112k | €102k | €22k | €18k | €14k | ▼ 22.9% |
| Accrued charges and deferred income492/3 | - | - | €64 | €816 | €2k | ▲ 118% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €37k | €-4k | €-1k | €61k | ▲ 4,416% |
| + Depreciation and write-downs630 | €9k | €8k | €12k | €11k | €11k | ▼ 7.2% |
| Operating cash flow (approximation) | €13k | €44k | €7k | €10k | €72k | ▲ 619% |
| Investment in fixed assets (approximation) | - | €-28k | €74k | €0 | €-5k | - |
| Change in cash | - | €20k | €-19k | €-8k | €62k | ▲ 899% |
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
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €61k
Net result €61k after 2 loss-making years.
31-12
Financial
Equity above €150kEq €188k ▲48.4%
Equity rises from €126k to €188k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 2.83
Current ratio from 1.18 to 2.83; short-term debt falls from €155k to €53k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Equity above €100kEq €132k ▲38.5%
2 profitable years in a row build equity to €132k.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Zottegem · 1 establishment unit since 1992
Ground area
3,707 m²
Building footprint
1,276 m²
Volume, LiDAR
4,249 m³
Parcel 41023A0854/00L000, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SAEYS-WELLEKENS BVBA
since 19922.056.708.816
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41023A0854/00L000 | Flanders | 3,707 m² | 1 · 1,276 m² | 7.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteZottegem2.056.708.816
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Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 1,660 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-02-1992
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
01110Growing of cereals (except rice), leguminous crops and oil seeds
01410Raising of dairy cattle
02100Forestry and logging
Scores and ratios are computed by Checked and are not a credit decision.