ACTIVE

WELOG

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Financial year 2025 · Closed on 31/12/2025

Net result89,4 k €+73,5 %over 1 year

Gross margin143 k €+0,2 %over 1 year

Equity1,8 M €+5,4 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

WELOG is a Public limited company incorporated in 1986. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in As.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0429.662.983
Incorporation: 22/10/1986
Legal form: Public limited company
Registered office: Dennengaerdelaan 21
3665 As · FlandreSee on map
Contributed capital: 224 000,00 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 45111Sale of cars and light motor vehicles 45201Maintenance and repair of motor vehicles 46711Wholesale of solid, liquid and gaseous fuels and related products 47521Retail sale of hardware, paints and glass in specialised stores+8

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	143 k €	+0.2%	142,8 k €	-21.0%	180,8 k €	+69.1%	106,9 k €	-2.3%	109,5 k €
EBITDA	134,3 k €	+15.3%	116,5 k €	-33.3%	174,7 k €	+66107%	263,9 €	-99.7%	103,3 k €
Operating result	112,2 k €	+61.4%	69,6 k €	-27.4%	95,8 k €	+232%	-72,6 k €	-249%	48,7 k €
Net result	89,4 k €	+73.5%	51,5 k €	-25.8%	69,5 k €	+186%	-80,4 k €	-331%	34,8 k €
Balance sheet
Equity	1,8 M €	+5.4%	1,7 M €	+3.2%	1,6 M €	+4.5%	1,5 M €	-5.0%	1,6 M €
Total assets	2,1 M €	+4.5%	2,1 M €	+2.8%	2 M €	+18.1%	1,7 M €	-5.1%	1,8 M €
Cash	168,7 k €	-44.9%	306,1 k €	+129%	133,6 k €	-7.6%	144,7 k €	-69.8%	479,1 k €
Debts	372,9 k €	+1.7%	366,7 k €	-0.7%	369,2 k €	+184%	130,1 k €	-3.6%	134,9 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		0,0 ETP		0,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BEARX0730.872.630Represented by Xavier Weltjens	Director19/11/2019 → 21/06/2031
Frans Weltjens	Director19/11/2019 → 21/06/2031
TRUCK SERVICE STATION0422.235.258Represented by Henkens Maria	Managing director19/11/2019 → 21/06/2031Director18/06/2004 → 19/11/2019ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Maria Henkens	Director01/12/2013 → 19/11/2019
Xavier Weltjens	Managing director01/12/2013 → 19/11/2019

Other companies at this address

Dennengaerdelaan 21 3665 As

Company	CBE no.
BEARX● Active	0730.872.630

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/06/2026	15/07/2025	15/07/2024	29/06/2023	13/07/2022	15/07/2021
General meeting	20/06/2026	21/06/2025	29/06/2024	17/06/2023	18/06/2022	19/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/06/2026	26/06/2026	Dutch	PDF
Abridged model	31/12/2024	21/06/2025	15/07/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	15/07/2024	Dutch	PDF
Abridged model	31/12/2022	17/06/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	18/06/2022	13/07/2022	Dutch	PDF
Abridged model	31/12/2020	19/06/2021	15/07/2021	Dutch	PDF
Abridged model	31/12/2019	20/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	22/07/2019	Dutch	PDF
Abridged model	31/12/2017	16/06/2018	23/07/2018	Dutch	PDF
Abridged model	31/12/2016	17/06/2017	07/07/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	28/06/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	23/06/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	08/07/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	16/06/2012	10/07/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	08/07/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	02/07/2009	Dutch	PDF
Full model	31/12/2007	21/06/2008	15/07/2008	Dutch	PDF
Full model	31/12/2006	16/06/2007	09/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BEARX0730.872.630Represented by Xavier Weltjens	Director19/11/2019 → 21/06/2031
Frans Weltjens	Director19/11/2019 → 21/06/2031
TRUCK SERVICE STATION0422.235.258Represented by Henkens Maria	Managing director19/11/2019 → 21/06/2031Director18/06/2004 → 19/11/2019ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Maria Henkens	Director01/12/2013 → 19/11/2019
Xavier Weltjens	Managing director01/12/2013 → 19/11/2019

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates19/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/08/2023
BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL
PDF
Mandates24/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other19/04/2017
DOEL
PDF
Mandates13/02/2014
ONTSLAGEN - BENOEMINGEN
PDF
Other08/02/2013
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares03/01/2012
KAPITAAL - AANDELEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

TRUCK SERVICE STATION

BEARX

Frans Weltjens

Maria Henkens

Xavier Weltjens

WELOG

1986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

WELOGWeltjens Transport OUDweltjens transport

Dennengaerdelaan 21, 3665 AsHamonterweg 135, 3950 Bocholt

Managing directorDirector

Director

Managing directorDirector

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Dennengaerdelaan 21, 3665 AsCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00218777
Hamonterweg 135, 3950 Bocholt	accounts 2021 → 2022	Accounts 2022 · 2023-00173118

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
WELOGCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00218777
Weltjens Transport OUD	accounts 2021 → 2022	Accounts 2022 · 2023-00173118
weltjens transport	accounts 2006 → 2020	Accounts 2020 · 2021-35900217

Events

2025
Annual accounts 202589,4 k €↑
2024
Annual accounts 202451,5 k €↓
2023
Annual accounts 202369,5 k €↑
2023
Name changeWELOG
2022
Annual accounts 2022-80,4 k €↓
2021
Annual accounts 202134,8 k €↑
2021
Name changeWeltjens Transport OUD
2018
Annual accounts 201832,1 k €↓
2017
Annual accounts 2017100,3 k €↑
2016
Annual accounts 201645,5 k €↑
2015
Annual accounts 201541,7 k €↑
2014
Annual accounts 201417,5 k €↓
2013
Annual accounts 2013149,4 k €↑
2012
Annual accounts 201267,5 k €↓
2011
Annual accounts 2011198,9 k €↑
2010
Annual accounts 201075,5 k €↑
2009
Annual accounts 200965,4 k €↓
2008
Annual accounts 2008208,7 k €↑
2007
Annual accounts 2007197,8 k €↓
2006
Annual accounts 2006531,1 k €
22/10/1986
IncorporationPublic limited company

WELOG

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events