WELSCH
ActiveWELSCH has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €9k. Equity is growing by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 81% of 9386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
93
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▼-8
Solvency100=
Growth52=
Stability94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 5.74 against 3.42 in 2024), and 17.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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
82.7%
Return on assets
15.3%
Age of the figures
8 mo
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 17-03-2026, 136 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
136 d early
2024
35 d early
2023
33 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▲ 20.2%
2024 · €42k
2023: €24k
2024: €42k
2023 → 2025
Total assets
€61k▲ 3.2%
2024 · €59k
2023: €40k
2024: €59k
2023 → 2025
Net result
€9k▼ 51.8%
2024 · €19k
2023: €22k
2024: €19k
2023 → 2025
Working capital
€49k▲ 19.8%
2024 · €41k
2023: €22k
2024: €41k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€24k-€42k▲ 78.6%€51k▲ 20.2%
Operating result€31k-€25k▼ 20.2%€13k▼ 46.2%
Net result€22k-€19k▼ 13.5%€9k▼ 51.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 46% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61k
Fixed assets
€2k▲ 27.0%
Current assets
€60k▲ 2.6%
Equity and liabilities €61k
Equity
€51k▲ 20.2%
Debt
€11k▼ 38.5%
The debt ratio falls from 29.0% to 17.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€14k▼
2024 · €25k
Cash flow
€10k▼
2024 · €20k
Solvency
82.7%▲
2024 · 71.0%
Current ratio
5.74▲
2024 · 3.42
Quick ratio
5.74▲
2024 · 3.42
Debt / equity
0.21▼
2024 · 0.41
ROE
18.5%▼
2024 · 46.0%
ROA
15.3%▼
2024 · 32.7%
Interest coverage
45.09▼
2024 · 70.22
Debt
€11k▼
2024 · €17k
Debt ≤ 1 year
€10k▼
2024 · €17k
Income taxes
€4k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€59k€61k▲
Fixed assets21/28€1k€2k▲
Tangible fixed assets22/27€1k€2k▲
Plant, machinery and equipment23€1k€989▼
Furniture and vehicles24€125€907▲
Current assets29/58€58k€60k▲
Amounts receivable within one year40/41€0€5k▲
Trade receivables40€0€5k▲
Cash at bank and in hand54/58€57k€54k▼
Deferred charges and accrued income490/1€1k€0▼
Equity and liabilities
Total equity and liabilities10/49€59k€61k▲
Equity10/15€42k€51k▲
Contributions10/11€2k€2k=
Reserves13€22k€30k▲
Distributable reserves133€22k€30k▲
Profit (loss) carried forward14€19k€19k=
Amounts payable17/49€17k€11k▼
Amounts payable within one year42/48€17k€10k▼
Taxes, remuneration and social security45€12k€6k▼
Taxes450/3€12k€6k▼
Other amounts payable47/48€5k€4k▼
Accrued charges and deferred income492/3€283€253▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€471€625▲
Other operating charges640/8€300€444▲
Non-recurring operating charges66A-€87
Gross operating margin9900€26k€14k▼
Operating profit (loss)9901€25k€13k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€359€310▼
Recurring financial charges65€359€310▼
Profit (loss) for the period before taxes9903€24k€13k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€19k€9k▼
Profit (loss) for the period to be appropriated9905€19k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€28k▲
Profit (loss) brought forward from the previous period14P-€19k
Transfer to equity691/2€0€9k▲
To other reserves6921€0€9k▲
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼
The notes to these accounts (16 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
2026
17-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €9k ▼51.8%
Net result drops to €9k, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Waasmunster · 1 establishment unit since 2023
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.
Sousbeekstraat 1239250 WaasmunsterGround area
595 m²
Building footprint
193 m²
Volume, LiDAR
1,528 m³
Parcel 42342C0471/00M000, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
WELSCH
since 20232.342.128.346
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42342C0471/00M000 | Flanders | 595 m² | 1 · 193 m² | 12.3 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.
Similar companies · same sector, comparable size
ATELIER D'ARCHITECTURE PONCELET
BE 0781.659.553
Erquelinnes · Eq €51k
CONCEPT WORKS
BE 0567.770.791
Lierde · Eq €51k
SC Architecte
BE 0747.466.360
Chaudfontaine · Eq €51k
LAMBDA ARCHITECTEN
BE 0631.954.406
Deinze · Eq €51k
DELARBRE ARCHITECTES
BE 1008.954.309
Comblain-au-Pont · Eq €51k
Of 18,213 companies in sector 71111 we hold annual accounts for 6,293. 5,317 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2023
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
71112Activities of interior architects
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.