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WELLEMAN

Active
Private limited companyfounded 2002active for 23 yearsKuipweg 11, 8400 Oostende, BelgiumKBO/BCE: BE 0478.861.680
Summary

WELLEMAN has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €120,593. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 42% of 9,865 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit bestuursorgaan…” (deed in Dutch)

deed of 02-06-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Vertegenwoordigingsbevoegdheid Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder…”
Board ruleHow the board is made up, meets and takes decisions.
“Bestuursorgaan, algemene vergadering” (deed in Dutch)
1 more provision on this in the deed

deed of 02-06-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Monday of June

deed of 02-06-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Buitengewone algemene vergadering, drie weken na aanvraag” (deed in Dutch)
Other provision: “Bestemming winst-reserves, elk aandeel gelijk aandeel in winstverdeling” (deed in Dutch)
Liquidation distribution: “Netto actief onder alle aandeelhouders naar verhouding aantal aandelen,goederen in natura opzelfde wijze, na aanzuivering…” (deed in Dutch)
1 more provision in the deed, see the deed of 02-06-2023

deed of 02-06-2023