ACTIVE

ADWELCO

Financial year 2025 · Closed on 31/12/2025

Net result45,8 k €-53,5 %over 1 year

Gross margin7,9 k €-91,4 %over 1 year

Equity1,9 M €-2,8 %over 1 year

Identity

Source · BCE/KBO

ADWELCO is a Public limited company incorporated in 1996. Its main activity is: Architectural activities. Its registered office is in Mechelen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0458.176.629
Incorporation: 17/06/1996
Legal form: Public limited company
Registered office: Frans Reyniersstraat(HOM) 3
2811 Mechelen · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

71111Architectural activities· main 71111Architectural activities 74201Photographic activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	7,9 k €	-91.4%	91,5 k €	-49.9%	182,7 k €	+32.0%	138,4 k €	+6.1%	130,4 k €
EBITDA	897 €	-98.9%	81,5 k €	-23.8%	106,9 k €	+41.3%	75,6 k €	-3.7%	78,6 k €
Operating result	-7,9 k €	-111%	74,3 k €	-26.1%	100,5 k €	+45.2%	69,2 k €	-4.1%	72,1 k €
Net result	45,8 k €	-53.5%	98,5 k €	-16.8%	118,5 k €	+15.4%	102,7 k €	+4.7%	98,1 k €
Balance sheet
Equity	1,9 M €	-2.8%	1,9 M €	-0.1%	1,9 M €	+6.5%	1,8 M €	+6.0%	1,7 M €
Total assets	2,2 M €	-0.5%	2,2 M €	+2.4%	2,1 M €	+8.6%	2 M €	-0.8%	2 M €
Cash	2,9 k €	-87.2%	22,7 k €	+256%	6,4 k €	-71.5%	22,4 k €	+46.1%	15,3 k €
Debts	274 k €	+18.9%	230,5 k €	+30.1%	177,1 k €	+38.3%	128 k €	-48.2%	247 k €
Other
Workforce	–		–		1,0 ETP		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Linda Van Crombruggen	Director06/06/2005 → 29/01/2030
YVON WELLENS	Managing director06/06/2005 → 29/01/2030Director30/06/2017 → 2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jan Wellens	Director2006 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Micro model	Micro model	Micro 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	28/08/2026	29/08/2025	26/08/2024	25/08/2023	25/08/2022	31/08/2021
General meeting	25/08/2026	30/06/2025	17/05/2024	19/05/2023	20/05/2022	21/05/2021
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
Micro model	31/12/2025	25/08/2026	28/08/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	17/05/2024	26/08/2024	Dutch	PDF
Micro model	31/12/2022	19/05/2023	25/08/2023	Dutch	PDF
Micro model	31/12/2021	20/05/2022	25/08/2022	Dutch	PDF
Micro model	31/12/2020	21/05/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	15/05/2020	01/09/2020	Dutch	PDF
Micro model	31/12/2018	20/05/2019	08/08/2019	Dutch	PDF
Micro model	31/12/2017	21/05/2018	30/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	05/10/2017	Dutch	PDF
Abridged model	31/12/2015	16/05/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	18/05/2015	14/12/2015	Dutch	PDF
Abridged model	31/12/2013	19/05/2014	03/12/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	03/12/2014	Dutch	PDF
Abridged model	31/12/2011	21/05/2012	03/12/2014	Dutch	PDF
Abridged model	31/12/2010	16/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	17/05/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	18/05/2009	25/08/2009	Dutch	PDF
Abridged model	31/12/2007	15/05/2008	25/08/2009	Dutch	PDF
Abridged model	31/12/2006	14/05/2007	25/09/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Linda Van Crombruggen	Director06/06/2005 → 29/01/2030
YVON WELLENS	Managing director06/06/2005 → 29/01/2030Director30/06/2017 → 2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jan Wellens	Director2006 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/02/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Registered office20/11/2013
Verplaatsing zetel
PDF
Mandates28/08/2012
ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/12/2006
verplaatsing zetel
PDF
Mandates22/06/2005
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Registered office10/11/2004
MAATSCHAPPELIJKE ZETEL
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

Filings20 filings

Mandates

Linda Van Crombruggen

YVON WELLENS

Jan Wellens

19961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

ADWELCO

Frans Reyniersstraat(HOM) 3, 2811 Hombeek

Director

Managing directorDirector

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Frans Reyniersstraat(HOM) 3, 2811 HombeekCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00445602

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ADWELCOCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00445602

Events

2025
Annual accounts 202545,8 k €↓
2024
Annual accounts 202498,5 k €↓
2023
Annual accounts 2023118,5 k €↑
2022
Annual accounts 2022102,7 k €↑
2021
Annual accounts 202198,1 k €↑
2020
Annual accounts 202046,7 k €↓
2019
Annual accounts 201982,7 k €↑
2018
Annual accounts 201871,5 k €↓
2017
Annual accounts 2017124,3 k €↑
2016
Annual accounts 2016119 k €↓
2015
Annual accounts 2015129 k €↑
2014
Annual accounts 201444,3 k €↓
2013
Annual accounts 2013108,1 k €↓
2012
Annual accounts 2012140,6 k €↑
2011
Annual accounts 2011104,9 k €↑
2010
Annual accounts 2010-40,1 k €↓
2009
Annual accounts 200924,1 k €↓
2008
Annual accounts 2008138,4 k €↑
2007
Annual accounts 2007101,2 k €↓
2006
Annual accounts 2006124,5 k €
17/06/1996
IncorporationPublic limited company

ADWELCO

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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