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WELLIN

Active Risk: moderate
Private limited company (pre-2019)founded 201511 yrs activeLiersesteenweg(Kessel) 37, 2560 Nijlen, BelgiumKBO/BCE: BE 0633.885.496
Summary

The computed 12-month bankruptcy probability of WELLIN is 3.3% (moderate). The 2019 annual accounts show equity of €6,045 and a net result of -€736. The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2019 · tick = 2018
Profitability26▲+26
Solvency61▼-6
Growth58
Track record100
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2019
Solvency, return and age of the figures
Solvency
36.3%
Return on assets
-4.4%
Age of the figures
81 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 22-10-2020, 83 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
83 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 83 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 7 July 2015, WELLIN was incorporated.1 The company has filed 4 sets of annual accounts, the latest for fiscal year 2019.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019

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Financials · fiscal year 2019, micro schema

Equity
€6,045▼ 10.9%
2018 · €6,781
Total assets
€16,641▲ 2.7%
2018 · €16,199
Net result
-€736▲ 89.5%
2018 · -€7,043
Working capital
€6,045▼ 10.9%
2018 · €6,781
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
Line20182019
Operating result-€7,227--€736▲ 89.8%
Net result-€7,043--€736▲ 89.5%
Equity€6,781-€6,045▼ 10.9%
Total assets€16,199-€16,641▲ 2.7%
Debt€9,419-€10,596▲ 12.5%
Working capital€6,781-€6,045▼ 10.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2018: -€7,227-€7,227Net result 2018: -€7,043-€7,043Operating result 2019: -€736-€736Net result 2019: -€736-€73620182019-€8,000-€6,000-€4,000-€2,000€0Operating result 2018: -€7,227-€7,230Net result 2018: -€7,043-€7,040Operating result 2019: -€736-€736Net result 2019: -€736-€73620182019
The operating result stays negative: a loss of €736 in 2019 against €7,227 in 2018; the loss shrinks.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Equity and liabilities €16,641
Equity €6,045 ▼ 10.9%
Debt €10,596 ▲ 12.5%
Debt's share of the balance-sheet total rises from 58.1% to 63.7%. Equity is lower and debt is higher.
Key figures and ratios
2019 value · change against 2018
Current ratio
1.57▼
2018 · 1.72
ROE
-12.2%▲
2018 · -103.9%
ROA
-4.4%▲
2018 · -43.5%
Debt ≤ 1 year
€10,596▲
2018 · €9,419
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 19 lines
Balance sheet Code20182019
Assets
Total assets20/58€16,199€16,641▲
Current assets29/58€16,199€16,641▲
Amounts receivable within one year40/41€13,730€14,171▲
Cash at bank and in hand54/58€2,470€2,470=
Equity and liabilities
Total equity and liabilities10/49€16,199€16,641▲
Equity10/15€6,781€6,045▼
Contributions10/11€12,400€12,400=
Reserves13€9,855€9,855=
Profit (loss) carried forward14-€15,474-€16,210▼
Amounts payable17/49€9,419€10,596▲
Amounts payable within one year42/48€9,419€10,596▲
Trade debts44€3,189€4,917▲
Income statement Code20182019
Gross operating margin9900-€6,883-€736▲
Operating profit (loss)9901-€7,227-€736▲
Recurring financial income75€260-
Recurring financial charges65€77-
Profit (loss) for the period before taxes9903-€7,043-€736▲
Profit (loss) for the period9904-€7,043-€736▲
Profit (loss) for the period to be appropriated9905-€7,043-€736▲
Line20182019Change
Gross operating margin9900-€6,883-€736▲ 89.3%
Operating profit (loss)9901-€7,227-€736▲ 89.8%
Recurring financial income75€260--
Recurring financial charges65€77--
Profit (loss) for the period before taxes9903-€7,043-€736▲ 89.5%
Profit (loss) for the period9904-€7,043-€736▲ 89.5%
Profit (loss) for the period to be appropriated9905-€7,043-€736▲ 89.5%
Line20182019Change
Assets
Total assets20/58€16,199€16,641▲ 2.7%
Current assets29/58€16,199€16,641▲ 2.7%
Amounts receivable within one year40/41€13,730€14,171▲ 3.2%
Cash at bank and in hand54/58€2,470€2,470=
Equity and liabilities
Total equity and liabilities10/49€16,199€16,641▲ 2.7%
Equity10/15€6,781€6,045▼ 10.9%
Contributions10/11€12,400€12,400=
Reserves13€9,855€9,855=
Profit (loss) carried forward14-€15,474-€16,210▼ 4.8%
Amounts payable17/49€9,419€10,596▲ 12.5%
Amounts payable within one year42/48€9,419€10,596▲ 12.5%
Trade debts44€3,189€4,917▲ 54.2%
Line20182019Change
Profit (loss) for the period9904-€7,043-€736▲ 89.5%
Operating cash flow (approximation)-€7,043-€736▲ 89.5%
Change in cash-€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2020
22-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
26-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Nijlen · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
334 m²
Building footprint
104 m²
Volume, LiDAR
665 m³
Parcel 12018D0374/00H003, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WELLIN
Liersesteenweg(Kessel) 37, 2560 NijlenAgents in non-specialised wholesale trade
since 20152.244.211.301
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12018D0374/00H003 Flanders 334 m² 1 · 104 m² 9.7 m · 2 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded07-07-2015
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.