ACTIVE

WELCO

Financial year 2026 · Closed on 31/03/2026

Net result
52,8 k €
+12,5 %over 1 year
Gross margin
152,4 k €
+11,3 %over 1 year
Equity
2,4 M €
+2,3 %over 1 year

Identity

Source · BCE/KBO

WELCO is a Public limited company incorporated in 1980. Its registered office is in Woluwe-Saint-Lambert.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0421.281.193
Incorporation
12/12/1980
Legal form
Public limited company
Registered office
Avenue de Broqueville 235
1200 Woluwe-Saint-Lambert · BruxellesSee on map
Contributed capital
780 864,60 €
Latest accounts
31/03/2026
Joint committees (1)
  • 100
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20262025202420232022
Income statement
Gross margin152,4 k €137 k €134,9 k €138,9 k €126,7 k €
EBITDA123,4 k €108,8 k €107,8 k €111,6 k €105,3 k €
Operating result50,2 k €39,9 k €46,5 k €53,4 k €46,6 k €
Net result52,8 k €46,9 k €49,4 k €54,7 k €48,6 k €
Balance sheet
Equity2,4 M €2,3 M €2,3 M €2,2 M €2,1 M €
Total assets2,4 M €2,3 M €2,3 M €2,2 M €2,2 M €
Cash171,8 k €151,4 k €139,4 k €129,7 k €121 k €
Debts17,8 k €34,7 k €15,1 k €16,2 k €21,3 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

4 active · 19 ended

Active mandates

Gilbert Weltens

Director · since 06 septembre 2023 · until 05 septembre 2029

Active
Karla Gelders

Director · since 06 septembre 2023 · until 06 mai 2029

Active
Nancy Weltens

Director · since 06 septembre 2023 · until 05 septembre 2029

Active
Nora Weltens

Managing director · since 06 septembre 2023 · until 05 septembre 2029

Active

Ended mandates

Gilbert Weltens

Director · since 06 septembre 2023 · until 06 septembre 2029

Ended
Karla Gelders

Director · since 06 septembre 2023 · until 05 septembre 2029

Ended
Karla Gelders

Director · since 06 septembre 2023 · until 06 septembre 2029

Ended
Nancy Weltens

Director · since 06 septembre 2023 · until 06 septembre 2029

Ended

Other companies at this address

Avenue de Broqueville 235 1200 Woluwe-Saint-Lambert
CompanyCBE no.
Bureau S & C● Active
0421.824.591

Full financial information

Source · NBB
202620252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/09/202619/09/202520/09/202403/10/202312/09/202227/10/2021
General meeting02/09/202603/09/202504/09/202406/09/202307/09/202230/09/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202602/09/202614/09/2026DutchPDF
Abridged model31/03/202503/09/202519/09/2025DutchPDF
Abridged model31/03/202404/09/202420/09/2024DutchPDF
Abridged model31/03/202306/09/202303/10/2023DutchPDF
Abridged model31/03/202207/09/202212/09/2022DutchPDF
Abridged model31/03/202130/09/202127/10/2021DutchPDF
Abridged model31/03/202002/09/202024/09/2020DutchPDF
Abridged model31/03/201904/09/201926/09/2019DutchPDF
Abridged model31/03/201805/09/201827/09/2018DutchPDF
Abridged model31/03/201706/09/201704/10/2017DutchPDF
Abridged model31/03/201607/09/201616/12/2016DutchPDF
Abridged model31/03/201502/09/201516/09/2015DutchPDF
Abridged model31/03/201403/09/201404/09/2014DutchPDF
Abridged model31/03/201305/09/201329/10/2013DutchPDF
Abridged model31/03/201205/09/201212/10/2012DutchPDF
Abridged model31/03/201109/09/201112/10/2011DutchPDF
Abridged model31/03/201002/09/201015/11/2010DutchPDF
Abridged model31/03/200923/09/200926/11/2009DutchPDF
Abridged model31/03/200824/09/200828/11/2008DutchPDF
Abridged model31/03/200726/09/200721/12/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/03/2026

4 active · 19 ended

Active mandates

Gilbert Weltens

Director · since 06 septembre 2023 · until 05 septembre 2029

Active
Karla Gelders

Director · since 06 septembre 2023 · until 06 mai 2029

Active
Nancy Weltens

Director · since 06 septembre 2023 · until 05 septembre 2029

Active
Nora Weltens

Managing director · since 06 septembre 2023 · until 05 septembre 2029

Active

Ended mandates

Gilbert Weltens

Director · since 06 septembre 2023 · until 06 septembre 2029

Ended
Karla Gelders

Director · since 06 septembre 2023 · until 05 septembre 2029

Ended
Karla Gelders

Director · since 06 septembre 2023 · until 06 septembre 2029

Ended
Nancy Weltens

Director · since 06 septembre 2023 · until 06 septembre 2029

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates16/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares31/01/2012
    KAPITAAL - AANDELEN
    PDF
  • Mandates23/01/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/09/2006
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2026
    Annual accounts 202652,8 k €↑
  2. 2025
    Annual accounts 202546,9 k €↓
  3. 2024
    Annual accounts 202449,4 k €↓
  4. 2023
    Annual accounts 202354,7 k €↑
  5. 2022
    Annual accounts 202248,6 k €↑
  6. 2021
    Annual accounts 202145,9 k €↑
  7. 2020
    Annual accounts 202035,4 k €↑
  8. 2019
    Annual accounts 201935,1 k €↓
  9. 2018
    Annual accounts 201858,3 k €↓
  10. 2017
    Annual accounts 201774,5 k €↑
  11. 2016
    Annual accounts 201671,3 k €↑
  12. 2015
    Annual accounts 201532,2 k €↓
  13. 2014
    Annual accounts 201463,6 k €↓
  14. 2013
    Annual accounts 201377,6 k €↑
  15. 2012
    Annual accounts 201261,9 k €↑
  16. 2011
    Annual accounts 201147,9 k €↑
  17. 2010
    Annual accounts 20108,2 k €↓
  18. 2009
    Annual accounts 200946,1 k €
  19. 12/12/1980
    IncorporationPublic limited company