WELTRANS
ActiveSummary
The annual accounts of WELTRANS for fiscal year 2025 show a net loss of 82% of total assets. The 2025 annual accounts show equity of €36,221 and a net result of -€29,995. Equity is growing by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 4718 sector peers (fiscal year 2025). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-27
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
short-term debt: 0.9% and cash: 17.4% of total assets, and 1.5% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 2025Solvency, return and age of the figures
Solvency
98.5%
Return on assets
-81.6%
Age of the figures
9 mo
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€29,995
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
34 d early
2023
16 d early
2022
31 d late
2021
4 d late
2020
2 d late
2019
57 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 17 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
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. Usually files around 16 July (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€29,995▼ 801%
2024 · -€3,329
Working capital
€36,426▼ 45.2%
2024 · €66,462
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€12,312▲ 161%€17,061▲ 38.6%-€77,451-€2,163▲ 97.2%-€28,871▼ 1,235%
Net result€11,154within the sector's middle half▲ 185%€15,999within the sector's middle half▲ 43.4%€344,609above the sector's middle half▲ 2,054%-€3,329below the sector's middle half-€29,995below the sector's middle half▼ 801%
Equity-€291,065below the sector's middle half▲ 3.7%-€275,065below the sector's middle half▲ 5.5%€69,544within the sector's middle half€66,216within the sector's middle half▼ 4.8%€36,221within the sector's middle half▼ 45.3%
Total assets€149,237within the sector's middle half▲ 8.8%€161,575within the sector's middle half▲ 8.3%€81,413within the sector's middle half▼ 49.6%€78,882within the sector's middle half▼ 3.1%€36,767below the sector's middle half▼ 53.4%
Debt€440,302▲ 0.2%€436,641▼ 0.8%€11,869▼ 97.3%€12,667▲ 6.7%€546▼ 95.7%
Working capital€67,442above the sector's middle half▲ 20.3%€83,441above the sector's middle half▲ 23.7%€69,544above the sector's middle half▼ 16.7%€66,462above the sector's middle half▼ 4.4%€36,426within the sector's middle half▼ 45.2%
Solvency-195.0%below the sector's middle half▲ 25.3pp-170.2%below the sector's middle half▲ 24.8pp85.4%above the sector's middle half▲ 255.7pp83.9%above the sector's middle half▼ 1.5pp98.5%above the sector's middle half▲ 14.6pp
Current ratio13.72above the sector's middle half▼ 0.0151.86above the sector's middle half▲ 38.146.86above the sector's middle half▼ 45.006.35above the sector's middle half▼ 0.51
Return on assets (ROA)7.5%within the sector's middle half▲ 4.6pp9.9%within the sector's middle half▲ 2.4pp423.3%above the sector's middle half▲ 413.4pp-4.2%below the sector's middle half▼ 427.5pp-81.6%below the sector's middle half▼ 77.4pp
Staff (FTE)0.91▲ 11.1%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €28,871 in 2025 against €2,163 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €36,767
Equity
€36,221 ▼ 45.3%
Debt
€546 ▼ 95.7%
Debt's share of the balance-sheet total falls from 16.1% to 1.5%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.02▼
2024 · 0.19
ROE
-82.8%▼
2024 · -5.0%
Debt ≤ 1 year
€340▼
2024 · €12,420
Staff costs
€9,378▼
2024 · €36,966
A ratio outside any meaningful range has been withheld (balance sheet total €36,767, equity €36,221).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.7%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,834 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €30,000 | - | - | - | €484 | - |
| Remuneration, social security and pensions62 | - | - | €35,639 | €36,966 | €9,378 | ▼ 74.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €249 | - | - | - | - | - |
| Other operating charges640/8 | €12,038 | €6,368 | €3,763 | €469 | €17,983 | ▲ 3,738% |
| Non-recurring operating charges66A | €3,316 | €75 | - | - | - | - |
| Gross operating margin9900 | €27,915 | €23,504 | -€38,048 | €35,272 | -€1,510 | ▼ 104% |
| Operating profit (loss)9901 | €12,312 | €17,061 | -€77,451 | -€2,163 | -€28,871 | ▼ 1,235% |
| Financial income75/76B | - | - | €423,506 | - | - | - |
| Recurring financial income75 | - | - | €423,506 | - | - | - |
| Non-recurring financial income76B | - | - | €423,506 | - | - | - |
| Financial charges65/66B | €1,157 | €1,062 | €1,446 | €1,166 | €1,124 | ▼ 3.6% |
| Recurring financial charges65 | €1,157 | €1,062 | €1,446 | €1,166 | €1,124 | ▼ 3.6% |
| Profit (loss) for the period before taxes9903 | €11,154 | €15,999 | €344,609 | -€3,329 | -€29,995 | ▼ 801% |
| Profit (loss) for the period9904 | €11,154 | €15,999 | €344,609 | -€3,329 | -€29,995 | ▼ 801% |
| Profit (loss) for the period to be appropriated9905 | €11,154 | €15,999 | €344,609 | -€3,329 | -€29,995 | ▼ 801% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €149,237 | €161,575 | €81,413 | €78,882 | €36,767 | ▼ 53.4% |
| Fixed assets21/28 | €76,494 | €76,494 | - | - | - | - |
| Tangible fixed assets22/27 | €76,494 | €76,494 | - | - | - | - |
| Land and buildings22 | €76,494 | €76,494 | - | - | - | - |
| Current assets29/58 | €72,744 | €85,082 | €81,413 | €78,882 | €36,767 | ▼ 53.4% |
| Amounts receivable within one year40/41 | €31,030 | €15,731 | €33,693 | €78,084 | €30,381 | ▼ 61.1% |
| Trade receivables40 | €13,717 | €7,912 | €16,104 | €58,997 | €29,777 | ▼ 49.5% |
| Other amounts receivable41 | €17,312 | €7,819 | €17,589 | €19,087 | €604 | ▼ 96.8% |
| Cash at bank and in hand54/58 | €41,714 | €69,350 | €47,720 | €798 | €6,385 | ▲ 700% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €149,237 | €161,575 | €81,413 | €78,882 | €36,767 | ▼ 53.4% |
| Equity10/15 | -€291,065 | -€275,065 | €69,544 | €66,216 | €36,221 | ▼ 45.3% |
| Contributions10/11 | €805,660 | €805,660 | €805,660 | €805,660 | €805,660 | = |
| Profit (loss) carried forward14 | -€1.1m | -€1.1m | -€736,116 | -€739,445 | -€769,440 | ▼ 4.1% |
| Amounts payable17/49 | €440,302 | €436,641 | €11,869 | €12,667 | €546 | ▼ 95.7% |
| Amounts payable after more than one year17 | €435,000 | €435,000 | - | - | - | - |
| Financial debts170/4 | €435,000 | €435,000 | - | - | - | - |
| Amounts payable within one year42/48 | €5,302 | €1,641 | €11,869 | €12,420 | €340 | ▼ 97.3% |
| Trade debts44 | €5,302 | €1,641 | €1,074 | €1,105 | €340 | ▼ 69.2% |
| Suppliers440/4 | €5,302 | €1,641 | €1,074 | €1,105 | €340 | ▼ 69.2% |
| Taxes, remuneration and social security45 | - | - | €10,794 | €11,315 | - | - |
| Taxes450/3 | - | - | €1,071 | €1,142 | - | - |
| Remuneration and social security454/9 | - | - | €9,723 | €10,172 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €246 | €206 | ▼ 16.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,154 | €15,999 | €344,609 | -€3,329 | -€29,995 | ▼ 801% |
| + Depreciation and write-downs630 | €249 | - | - | - | - | - |
| Operating cash flow (approximation) | €11,403 | €15,999 | €344,609 | -€3,329 | -€29,995 | ▼ 801% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | €27,636 | -€21,630 | -€46,922 | €5,587 | ▲ 112% |
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
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€29,995
Net result drops to -€29,995, the lowest in the series.
31-12
Financial
Liquidity times 17current ratio 108.10
Current ratio from 6.35 to 108.10; short-term debt falls from €12,420 to €340.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €344,609 ▲2,054%
Net result €344,609, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity quadruplescurrent ratio 51.86
Current ratio from 13.72 to 51.86; short-term debt falls from €5,302 to €1,641.
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 13.73
Current ratio from 6.03 to 13.73; short-term debt falls from €9,621 to €4,402.
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Welkenraedt · 1 establishment unit since 1988
Ground area
3,795 m²
Building footprint
443 m²
Volume, LiDAR
2,466 m³
Parcel 63084A0357/05L000, Wallonia · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Rue de l'Industrie 34, 4840 Welkenraedt
since 19882.035.342.486
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63084A0357/05L000 | Wallonia | 3,795 m² | 1 · 443 m² | 6.0 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.
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Of 12,583 companies in sector 49410 we hold annual accounts for 8,204. 5,724 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)
Founded05-01-1988
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52210Service activities incidental to land transportation
E-invoicing
Not found in the Peppol register
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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.