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WELLEMAN NICHOLAS

Active
Private limited companyfounded 2015active for 11 yearsKouterstraat 27, 9750 Kruisem, BelgiumKBO/BCE: BE 0599.929.756

From the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

WELLEMAN NICHOLAS has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,930 and a net result of -€1,761. Equity has been shrinking by about 20% per year since 2019. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 31% of 5,667 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

KBO
Status
Active since 05-03-2015 Normal situation
Activity
Landscape service activities NACE 81300and 1 other
Establishment unit
2.240.337.536 9750 Kruisem, since 05-03-2015
Financial year end
30 June
Peppol
Reachable since 29-12-2025

Board and ownership

Board

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts to 30-06-2025
Gross margin
€3,953
Turnover
≈ €30,000
estimated
Loss
€1,761
▼ 84.5%
Equity
€6,930
▼ 20.3%
Total assets
€29,679
▲ 7.6%
Filed on 04-02-2026, 4 days after the deadlinePDF
Score breakdownraises riskSector: Services to buildings and landscape activities (NACE 81)Loss of €1,761, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 3.44, cash €14,201Founded in 2015Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 42% of micro companies in building services and landscaping (NACE 81)
Financial strength · tick: 2024
Strong
Solvency 48-8
equity 23.3% of total assets
Liquidity 91+28
short-term debt 23.8% · cash 47.8%
Profitability 61+61
return on assets -5.9%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,707 companies, NACE 81, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.9%▲ +0.4 percentage points vs 01-2025 03-2025: 1.0%▲ +0.1 percentage points vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.0%● unchanged vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.1%▲ +0.1 percentage points vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.2%▲ +0.1 percentage points vs 12-2025 02-2026: 1.6%▲ +0.4 percentage points vs 01-2026highest value 03-2026: 0.5%▼ -1.1 percentage points vs 02-2026 04-2026: 0.4%▼ -0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.44 (5.46 in 2024), above the usual 1.5. Short-term debt is 23.8% and cash 47.8% of total assets. However, 76.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 81, micro). It does better than 30% of them on solvency, 91% on liquidity, 27% on profitability and 18% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 3.44, cash €14,201
NBB · annual accounts
raises risk · Sector: Services to buildings and landscape activities (NACE 81)
KBO
lowers risk · Founded in 2015
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Loss of €1,761, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€1,761
raises risk · 2025 accounts filed 4 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 04-02-2026, 4 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
4 days late
2024
12 days late
2023
1 day early
2022
4 days early
2021
6 days early
2020
15 days late
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€1,761 View
  • Caution: Less equity than 81% of companies in building services and landscapingsector median €44,842 · 5,673 companies €6,930 View

Comparable companies

These companies have the same main activity as WELLEMAN NICHOLAS: landscape service activities (NACE 81300). They are comparable in size and age: total assets between €22,800 and €46,300, founded between 2012 and 2017.

CompanyTotal assetsGross margin
WELLEMAN NICHOLAS Kruisem€29,679€3,953
Tuinen DE CUBBER Ninove€34,267€4,599
DINARBOFLORA Dinant€38,567€4,180
KRUPA Sint-Truiden€23,329€5,236
PARCS ET JARDINS DSD Merbes-le-Château€22,971€5,428
Tuinwerken Bart Slegers Ravels€22,779€3,924
ROEL CEUPPENS Kortenberg€46,266€3,990
Full comparison

Documents

Annual accounts at the NBB

All 10 annual accounts

Articles and registers

Key facts about WELLEMAN NICHOLAS

What is the company number of WELLEMAN NICHOLAS?
The company number of WELLEMAN NICHOLAS is 0599.929.756. The VAT number is the same number with BE in front: BE 0599.929.756.
Where is WELLEMAN NICHOLAS based?
The registered office is at Kouterstraat 27, 9750 Kruisem.Company details
What does WELLEMAN NICHOLAS do?
According to the KBO register, the main activity is landscape service activities (NACE 81300).
What is the legal form of WELLEMAN NICHOLAS?
The legal form of WELLEMAN NICHOLAS is Private limited company (BV).
When was WELLEMAN NICHOLAS founded?
WELLEMAN NICHOLAS was founded on 05-03-2015.
Is WELLEMAN NICHOLAS still active?
Yes, WELLEMAN NICHOLAS is an active enterprise in the KBO register.
How many employees does WELLEMAN NICHOLAS have?
WELLEMAN NICHOLAS had an average of 0.2 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of WELLEMAN NICHOLAS?
The turnover in financial year 2025 is ≈ €30,000. This figure is estimated from the gross margin of €3,953 and 35 comparable companies (NACE 81300). It probably lies between €18,000 and €58,000. It is a rough estimate.
Is WELLEMAN NICHOLAS profitable?
In financial year 2025, WELLEMAN NICHOLAS made a loss of €1,761.
Where can I find the annual accounts of WELLEMAN NICHOLAS?
WELLEMAN NICHOLAS filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of WELLEMAN NICHOLAS due?
WELLEMAN NICHOLAS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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