Welltech
ActiveSummary
The computed 12-month bankruptcy probability of Welltech is 2.2% (moderate). The 2025 annual accounts show equity of €4k and a net result of €2k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 52% of 1059 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+24
Solvency58▲+58
Growth81▲+19
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 10-07-2026, 21 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
21 d early
2024
31 d late
2023
67 d late
2022
61 d late
2021
125 d late
2020
132 d late
2019
87 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€21k▲ 49.0%
2024 · €14k
2019: €8k
2020: €4k▼ -50.2% vs 2019lowest in 7 years
2021: €14k▲ +227% vs 2020
2022: €11k▼ -22.4% vs 2021
2023: €11k▲ +6.8% vs 2022
2024: €14k▲ +25.0% vs 2023
2025: €21k▲ +49.0% vs 2024highest in 7 years
2019 → 2025
EBIT margin
15.2%▼ 5.9pp
2024 · 21.1%
2019: -95.6%lowest in 7 years
2020: -55.9%▲ +41.6% vs 2019
2021: -50.2%▲ +10.1% vs 2020
2022: 6.3%▲ +112% vs 2021
2023: 4.9%▼ -22.2% vs 2022
2024: 21.1%▲ +334% vs 2023highest in 7 years
2025: 15.2%▼ -27.9% vs 2024
2019 → 2025
Net result
€2k▲ 9.5%
2024 · €2k
2019: €-8klowest in 7 years
2020: €-3k▲ +64.3% vs 2019
2021: €-7k▼ -150% vs 2020
2022: €105▲ +101% vs 2021
2023: €-337▼ -420% vs 2022
2024: €2k▲ +763% vs 2023
2025: €2k▲ +9.5% vs 2024highest in 7 years
2019 → 2025
Working capital
€4k
2024 · €-12k
2020: €-6k
2021: €-14k▼ -118% vs 2020
2022: €-14k▲ +0.8% vs 2021
2023: €-14k▼ -2.4% vs 2022lowest in 6 years
2024: €-12k▲ +15.8% vs 2023
2025: €4k▲ +135% vs 2024highest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€14k-€11k▼ 22.4%€11k▲ 6.8%€14k▲ 25.0%€21k▲ 49.0%
2021: €14k
2022: €11k▼ -22.4% vs 2021lowest in 5 years
2023: €11k▲ +6.8% vs 2022
2024: €14k▲ +25.0% vs 2023
2025: €21k▲ +49.0% vs 2024highest in 5 years
Equity€-14k-€-14k▲ 0.8%€-14k▼ 2.4%€-12k▲ 15.8%€4k
2021: €-14k
2022: €-14k▲ +0.8% vs 2021
2023: €-14k▼ -2.4% vs 2022lowest in 5 years
2024: €-12k▲ +15.8% vs 2023
2025: €4k▲ +135% vs 2024highest in 5 years
Operating result€-7k-€660€548▼ 16.9%€3k▲ 442%€3k▲ 7.4%
2021: €-7klowest in 5 years
2022: €660▲ +110% vs 2021
2023: €548▼ -16.9% vs 2022
2024: €3k▲ +442% vs 2023
2025: €3k▲ +7.4% vs 2024highest in 5 years
Net result€-7k-€105€-337€2k€2k▲ 9.5%
2021: €-7klowest in 5 years
2022: €105▲ +101% vs 2021
2023: €-337▼ -420% vs 2022
2024: €2k▲ +763% vs 2023
2025: €2k▲ +9.5% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
Equity and liabilities €12k
Equity
€4k
Debt
€8k
Debt finances 66.7% of the balance-sheet total.
Key figures and ratios
Current ratio
1.50▲
2024 · 0.64
Debt to equity
2.01▲
2024 · -2.82
ROE
59.0%
ROA
19.6%▲
2024 · 10.4%
Debt ≤ 1 year
€8k▼
2024 · €33k
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 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€22k€12k▼
Current assets29/58€22k€12k▼
Amounts receivable within one year40/41€22k€9k▼
Trade receivables40€22k€9k▼
Cash at bank and in hand54/58-€4k
Equity and liabilities
Total equity and liabilities10/49€22k€12k▼
Equity10/15€-12k€4k▲
Contributions10/11€5k€19k▲
Capital10€5k€19k▲
Issued capital100€5k€19k▲
Profit (loss) carried forward14€-17k€-14k▲
Amounts payable17/49€33k€8k▼
Amounts payable within one year42/48€33k€8k▼
Financial debts43€5k€5k▼
Credit institutions430/8€5k€5k▼
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€482-
Taxes450/3€482-
Other amounts payable47/48€26k-
Income statement
Code20242025
Turnover70€14k€21k▲
Goods, raw materials, services and sundry goods60/61€21k€25k▲
Other operating charges640/8-€1k
Gross operating margin9900€3k€5k▲
Operating profit (loss)9901€3k€3k▲
Financial charges65/66B€741€749▲
Recurring financial charges65€741€749▲
Profit (loss) for the period before taxes9903€2k€2k▲
Profit (loss) for the period9904€2k€2k▲
Profit (loss) for the period to be appropriated9905€2k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-14k▲
Profit (loss) brought forward from the previous period14P€-19k€-17k▲
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €14k | €11k | €11k | €14k | €21k | ▲ 49.0% |
| Goods, raw materials, services and sundry goods60/61 | €20k | €19k | €20k | €21k | €25k | ▲ 21.4% |
| Other operating charges640/8 | €348 | - | €907 | - | €1k | - |
| Gross operating margin9900 | €-6k | €660 | €1k | €3k | €5k | ▲ 55.0% |
| Operating profit (loss)9901 | €-7k | €660 | €548 | €3k | €3k | ▲ 7.4% |
| Financial charges65/66B | €677 | €554 | €886 | €741 | €749 | ▲ 1.1% |
| Recurring financial charges65 | €677 | €554 | €886 | €741 | €749 | ▲ 1.1% |
| Profit (loss) for the period before taxes9903 | €-7k | €105 | €-337 | €2k | €2k | ▲ 9.5% |
| Profit (loss) for the period9904 | €-7k | €105 | €-337 | €2k | €2k | ▲ 9.5% |
| Profit (loss) for the period to be appropriated9905 | €-7k | €105 | €-337 | €2k | €2k | ▲ 9.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4k | €7k | €10k | €22k | €12k | ▼ 42.1% |
| Current assets29/58 | €4k | €7k | €10k | €22k | €12k | ▼ 42.1% |
| Amounts receivable within one year40/41 | €4k | €7k | €10k | €22k | €9k | ▼ 60.2% |
| Trade receivables40 | €4k | €7k | €10k | €22k | €9k | ▼ 60.2% |
| Cash at bank and in hand54/58 | €92 | €92 | - | - | €4k | - |
| Deferred charges and accrued income490/1 | - | €233 | €187 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4k | €7k | €10k | €22k | €12k | ▼ 42.1% |
| Equity10/15 | €-14k | €-14k | €-14k | €-12k | €4k | ▲ 135% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €19k | ▲ 270% |
| Capital10 | €5k | €5k | €5k | €5k | €19k | ▲ 270% |
| Issued capital100 | €5k | €5k | €5k | €5k | €19k | ▲ 270% |
| Profit (loss) carried forward14 | €-19k | €-19k | €-19k | €-17k | €-14k | ▲ 14.5% |
| Amounts payable17/49 | €18k | €21k | €24k | €33k | €8k | ▼ 75.1% |
| Amounts payable within one year42/48 | €18k | €21k | €24k | €33k | €8k | ▼ 75.1% |
| Financial debts43 | €2k | €5k | €5k | €5k | €5k | ▼ 2.4% |
| Credit institutions430/8 | €2k | €5k | €5k | €5k | €5k | ▼ 2.4% |
| Trade debts44 | €2k | €2k | €4k | €1k | €3k | ▲ 133% |
| Suppliers440/4 | €2k | €2k | €4k | €1k | €3k | ▲ 133% |
| Taxes, remuneration and social security45 | €614 | €152 | €346 | €482 | - | - |
| Taxes450/3 | €614 | €152 | €346 | €482 | - | - |
| Other amounts payable47/48 | €13k | €13k | €15k | €26k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-7k | €105 | €-337 | €2k | €2k | ▲ 9.5% |
| Operating cash flow (approximation) | €-7k | €105 | €-337 | €2k | €2k | ▲ 9.5% |
| 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.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2019net €2k ▲9.5%
Operating result €3k, net result €2k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.50
Current ratio from 0.64 to 1.50; short-term debt falls from €33k to €8k.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Back to profitnet €105
Net result €105 after 3 loss-making years.
03-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 125 days late
2021
10-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 132 days late
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Anderlecht · 1 establishment unit since 2019
Ground area
48 m²
Building footprint
48 m²
Volume, LiDAR
322 m³
Parcel 21001A0647/00F004, Brussels · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Welltech
since 20192.290.558.097
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0647/00F004 | Brussels | 48 m² | 1 · 48 m² | 7.9 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.
Similar companies · same sector, comparable size
DYMANA
BE 0847.031.714
Hasselt · Eq €4,089
Y.B
BE 1014.622.671
Sint-Pieters-Leeuw · Eq €4,233
Dynadistri
BE 0860.788.886
Gent · Eq €4,258
OVART-GERVASI
BE 0783.997.055
Fosses-la-Ville · Eq €4,290
OR RECYCLING
BE 0669.778.664
Opwijk · Eq €4,325
Of 6,709 companies in sector 96230 we hold annual accounts for 627. 302 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded03-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
96230Day spas, saunas and steam baths
47750Retail sale of cosmetics and toilet articles
Scores and ratios are computed by Checked and are not a credit decision.