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WELLEMAN

Active
Private limited companyfounded 2003active for 23 yearsVredebaan 83, 2640 Mortsel, BelgiumKBO/BCE: BE 0480.140.595
Summary

WELLEMAN has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €440,780 and a net result of €76,340. Equity is growing by about 56% per year across the filed financial years. Its solvency ranks better than 51% of 11,742 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Activities of interior architects
NACE 71112
1 site
Size
≈ €410,000turnover 2025, estimated
Equity
€440,780
Profit
€76,340
Turnover estimated from the gross margin
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 28 days early1 of 2 deeds summarised
Why 95lowers riskLiquidity: current ratio 3.32, cash €245,568Size: total assets €797,912Equity €440,780 (55.2% of total assets)Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 71, micro)
Financial strength · tick = 2024
Strong
Solvency 80-20
equity 55.2% of total assets
Liquidity 87+19
short-term debt 11.8% · cash 30.8%
Profitability 81-19
return on assets 9.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,820 companies, NACE 71, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.32, compared with 3.39 in 2024, above the usual 1.5; short-term debt: 11.8% and cash: 30.8% of total assets), and 44.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro): better than 53% on solvency, 78% on liquidity and 50% on profitability.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.32, cash €245,568
NBB · annual accounts
lowers risk · Size: total assets €797,912
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €440,780 (55.2% of total assets)
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
51 days early
2023
1 day early
2022
41 days early
2021
4 days late
2020
23 days early
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 23 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Resignations: WELLEMAN Daniel Marie Joseph (director)…Appointments: WELLEMAN Daniel Marie Joseph…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Among the best 7% on equitysector median €63,879 · 11,747 companies €440,780 View
  • Caution: Result fell in 2025from €156,480 to €76,340 ▼ 51.2% View
  • Positive: 7 profitable years in a rowprofit 2025: €76,340 7 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€797,912
Profit
€76,340
Solvency
55.2%
Total assets▲ 66.1%
Net result
20192025
Go to Financials

Timeline

Events
27
Since
2005
  1. 30-09-2024Highest result from 2019 to 2025
  2. 29-04-2024Annual accounts filed
  3. 30-09-2023Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Activities of interior architectsNACE 71112
Founded
09-05-2003
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Annual meeting
Second Friday of June at 17:00
Purpose
“Interieurontwerper, binnenhuisinrichting, decoratie, winkelinrichting, aan- en verkoop van…” (deed in Dutch)
Go to Articles of association

Key facts about WELLEMAN

What is the company number of WELLEMAN?
0480.140.595. In Belgium the VAT number is the company number with BE in front: BE 0480.140.595.
Where is WELLEMAN based?
The registered office is at Vredebaan 83, 2640 Mortsel.Company details
What does WELLEMAN do?
According to the KBO register, the main activity is activities of interior architects (NACE 71112).
What is the legal form of WELLEMAN?
Private limited company (BV).
When was WELLEMAN founded?
On 09-05-2003.
Is WELLEMAN still active?
Yes, WELLEMAN is an active enterprise in the KBO register.
What is the turnover of WELLEMAN?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is WELLEMAN profitable?
In financial year 2025, WELLEMAN made a profit of €76,340.
Where can I find the annual accounts of WELLEMAN?
WELLEMAN filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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