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WELVECO-CONSTRUCT

Active
Private limited company (pre-2019)founded 2007active for 19 yearsRozenstraat 20, 3665 As, BelgiumKBO/BCE: BE 0886.992.744
Summary

The computed 12-month bankruptcy probability of WELVECO-CONSTRUCT is 12.1% (high). For WELVECO-CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €11,846 and a net result of €10,926. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 60% of 8,816 sector peers (NACE 41, financial year 2023). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.

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WELVECO-CONSTRUCTActive
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Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
≈ €210,000turnover 2023, estimated
Equity
€11,846
Profit
€10,926
Turnover estimated from the gross margin
Financial health
Bankruptcy probabilitywithin 12 months
12.1%
2023 figures too old to score
Structure
2024 accounts not filed, 548 days past the deadline1 of 3 deeds summarised
Signalsraises risk2 financial years not filed after the legal deadline; last filed accounts filed 724 days late; 2 of the last 3 lateFigures for financial year 2023 (filed 30-04-2026)Size: total assets €23,587Liquidity: current ratio 2.09, cash €52Two or more financial years not filed2023 accounts filed 724 days lateShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency 75+44
equity 50.2% of total assets
Liquidity 27+27
short-term debt 47.8% · cash 0.2%
Profitability 100+100
return on assets 46.3%
Bankruptcy probability, 12 months
12.1% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,447 companies, NACE 41, micro)
Last 24 months 11-2024: 11.6% 12-2024: 11.9%▲ +0.3 percentage points vs 11-2024 01-2025: 11.1%▼ -0.8 percentage points vs 12-2024lowest value 02-2025: 11.1%● unchanged vs 01-2025lowest value 03-2025: 11.1%● unchanged vs 02-2025lowest value 04-2025: 11.1%● unchanged vs 03-2025lowest value 05-2025: 14.0%▲ +2.9 percentage points vs 04-2025 06-2025: 14.0%● unchanged vs 05-2025 07-2025: 14.0%● unchanged vs 06-2025 08-2025: 14.0%● unchanged vs 07-2025 09-2025: 14.0%● unchanged vs 08-2025 10-2025: 14.0%● unchanged vs 09-2025 11-2025: 14.7%▲ +0.7 percentage points vs 10-2025highest value 12-2025: 14.7%● unchanged vs 11-2025highest value 01-2026: 14.7%● unchanged vs 12-2025highest value 02-2026: 14.7%● unchanged vs 01-2026highest value 03-2026: 14.7%● unchanged vs 02-2026highest value 04-2026: 14.7%● unchanged vs 03-2026highest value 05-2026: 12.1%▼ -2.6 percentage points vs 04-2026 06-2026: 12.1%● unchanged vs 05-2026 07-2026: 12.1%● unchanged vs 06-2026 08-2026: 12.1%● unchanged vs 07-2026 09-2026: 12.1%● unchanged vs 08-2026 10-2026: 12.1%● unchanged vs 09-2026
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Signals

Six signals.
raises risk
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 724 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2023 (filed 30-04-2026)
NBB · annual accounts
raises risk · Size: total assets €23,587
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 2.09, cash €52
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
30-09-2024 year end30-04-2025 deadline30-10-2026 today
raises risk · 2023 accounts filed 724 days late
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 24-04-2026, 724 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
724 days late
2022
184 days late
2021
1 day early
2020
213 days late
2019
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 222 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · micro…
  2. Annual accounts filedfinancial year 2022 · micro…
  3. Back to profitnet €10,926

Key points

  • Risk: 2024 accounts not fileddeadline was 30-04-2025 548 days past the deadline View
  • Active since 2007founded 19-01-2007 19 years View
  • Total assets 20235 financial years filed €23,587 View

By topic

Financials

Financial year
2023
Total assets
€23,587
Profit
€10,926
Solvency
50.2%
Total assets▲ 41.4%
Net result
20192023
Go to Financials

Timeline

Events
20
Since
2009
  1. 14-10-2022Permanent representative: Yves Detrez
  2. 30-09-2022Weakest financial year
  3. 29-04-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
General construction of residential buildingsNACE 41001
Founded
19-01-2007
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Key facts about WELVECO-CONSTRUCT

What is the company number of WELVECO-CONSTRUCT?
0886.992.744. In Belgium the VAT number is the company number with BE in front: BE 0886.992.744.
Where is WELVECO-CONSTRUCT based?
The registered office is at Rozenstraat 20, 3665 As.Company details
What does WELVECO-CONSTRUCT do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of WELVECO-CONSTRUCT?
Private limited company (pre-2019) (BVBA).
When was WELVECO-CONSTRUCT founded?
On 19-01-2007.
Is WELVECO-CONSTRUCT still active?
Yes, WELVECO-CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of WELVECO-CONSTRUCT?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is WELVECO-CONSTRUCT profitable?
In financial year 2023, WELVECO-CONSTRUCT made a profit of €10,926.
Where can I find the annual accounts of WELVECO-CONSTRUCT?
WELVECO-CONSTRUCT filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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