WELLS & B
ActiveSummary
WELLS & B has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.08M and a net result of €5k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 73% of 7029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-1
Solvency100▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 6.82 against 7.54 in 2024; short-term debt: 5.6% and cash: 5.9% of total assets), and 23.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
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
76.5%
Return on assets
0.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-09-2025, 124 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
124 d early
2024
on the day
2023
41 d early
2022
on the day
2021
on the day
2020
2 d early
2019
95 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.08M▲ 0.5%
2024 · €1.07M
2019: €1.06M
2020: €1.05M
2021: €1.05M
2022: €1.06M
2023: €1.06M
2024: €1.07M
2019 → 2025
Total assets
€1.40M▼ 3.0%
2024 · €1.45M
2019: €1.28M
2020: €1.20M
2021: €1.59M
2022: €1.53M
2023: €1.48M
2024: €1.45M
2019 → 2025
Net result
€5k▼ 49.4%
2024 · €11k
2019: €4k
2020: €-13k
2021: €-666
2022: €12k
2023: €906
2024: €11k
2019 → 2025
Working capital
€460k▼ 3.4%
2024 · €476k
2019: €605k
2020: €593k
2021: €496k
2022: €472k
2023: €471k
2024: €476k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.05M-€1.06M▲ 1.1%€1.06M▲ 0.1%€1.07M▲ 1.0%€1.08M▲ 0.5%
Operating result€7k-€21k▲ 217%€9k▼ 57.0%€18k▲ 99.6%€12k▼ 31.5%
Net result€-666-€12k€906▼ 92.5%€11k▲ 1,086%€5k▼ 49.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.40M
Fixed assets
€866k ▼ 3.7%
Current assets
€539k ▼ 1.8%
Equity and liabilities €1.40M
Equity
€1.08M ▲ 0.5%
Debt
€330k ▼ 12.9%
Debt's share of the balance-sheet total falls from 26.1% to 23.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€122k▼
2024 · €127k
Cash flow
€115k▼
2024 · €119k
Current ratio
6.82▼
2024 · 7.54
Debt to equity
0.31▼
2024 · 0.35
ROE
0.5%▼
2024 · 1.0%
ROA
0.4%▼
2024 · 0.7%
Interest coverage
19.98▲
2024 · 18.15
Debt ≤ 1 year
€79k▲
2024 · €73k
Debt > 1 year
€250k▼
2024 · €305k
Income taxes
€686▲
2024 · €138
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.45M€1.40M▼
Fixed assets21/28€900k€866k▼
Tangible fixed assets22/27€709k€676k▼
Land and buildings22€399k€363k▼
Plant, machinery and equipment23€278k€300k▲
Furniture and vehicles24€22k€8k▼
Other tangible fixed assets26€10k€5k▼
Financial fixed assets28€191k€191k=
Current assets29/58€549k€539k▼
Amounts receivable after more than one year29€441k€361k▼
Trade receivables290€441k€361k▼
Amounts receivable within one year40/41€3k€13k▲
Trade receivables40€3k€13k▲
Other amounts receivable41€200-
Current investments50/53€46k€79k▲
Cash at bank and in hand54/58€54k€82k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.45M€1.40M▼
Equity10/15€1.07M€1.08M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€12k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133-€5k
Profit (loss) carried forward14€1.00M€1.00M=
Amounts payable17/49€379k€330k▼
Amounts payable after more than one year17€305k€250k▼
Financial debts170/4€305k€250k▼
Amounts payable within one year42/48€73k€79k▲
Current portion of amounts payable after more than one year42€54k€55k▲
Trade debts44€6k-
Suppliers440/4€6k-
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€11k€21k▲
Taxes450/3€11k€21k▲
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3€628€657▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€109k€110k▲
Other operating charges640/8€6k€7k▲
Non-recurring operating charges66A€59-
Gross operating margin9900€133k€129k▼
Operating profit (loss)9901€18k€12k▼
Financial income75/76B€5€4▼
Recurring financial income75€5€4▼
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€11k€6k▼
Income taxes67/77€138€686▲
Profit (loss) for the period9904€11k€5k▼
Profit (loss) for the period to be appropriated9905€11k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.00M€1.01M▲
Profit (loss) brought forward from the previous period14P€991k€1.00M▲
Transfer to equity691/2-€5k
To other reserves6921-€5k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €-13k ▼434%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity triplescurrent ratio 31.94
Current ratio from 9.87 to 31.94; short-term debt falls from €68k to €19k.
2019
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
06-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
06-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
14-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ukkel · 1 establishment unit since 1985
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grasmusstraat 721180 UkkelGround area
135 m²
Building footprint
93 m²
Volume, LiDAR
871 m³
Parcel 21614E0083/00K008, Brussels · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Grasmusstraat 72, 1180 Ukkel
since 19852.026.402.551
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0083/00K008 | Brussels | 135 m² | 1 · 93 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,713 companies in sector 73200 we hold annual accounts for 1,783. 1,072 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-01-1985
Fiscal year end30-06
Activities, NACEBEL 2025
73200Market research and public opinion polling
61100Wired, wireless and satellite telecommunications
63100Computing infrastructure, data processing, hosting and related activities
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.