ACTIVE

WELDING SERVICES

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

44,9 k €

-64.1% YoY

Gross margin

842,8 k €

+7.4% YoY

Equity

1,1 M €

-38.7% YoY

Workforce

6,7 ETP

+36.7% YoY

What does WELDING SERVICES do?

WELDING SERVICES is a Public limited company incorporated in 2000. Its registered office is in Temse. It employs on average 6,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.213.708

Incorporation

13/11/2000

Legal form

Public limited company

Registered office

Hoogkamerstraat 345A
9140 Temse · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

6,7 ETP

Joint committees (3)

14904
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	842,8 k €	+7.4%	784,6 k €	+19.6%	655,7 k €	+11.0%	591,0 k €	-8.8%	647,9 k €	-9.2%	713,4 k €	+5.2%	678,5 k €	-1.4%	687,8 k €	+30.2%	528,1 k €	+0.8%	524,1 k €	-1.3%	531,2 k €	+10.3%	481,8 k €	+6.4%	452,9 k €	-18.4%	555,3 k €	+15.7%	479,9 k €	-19.6%	596,6 k €	+45.8%	409,3 k €	+67.8%	243,9 k €
EBITDA	133,7 k €	-48.0%	257,2 k €	+17.7%	218,6 k €	-6.3%	233,3 k €	-15.7%	276,9 k €	-33.6%	416,8 k €	+11.9%	372,5 k €	-7.1%	401,1 k €	+72.0%	233,1 k €	-1.3%	236,2 k €	-3.8%	245,5 k €	+12.1%	219,1 k €	+5.5%	207,8 k €	-35.2%	320,6 k €	+29.8%	247,0 k €	-33.9%	373,8 k €	+61.9%	230,9 k €	+202%	76,4 k €
Operating result	61,1 k €	-63.5%	167,2 k €	+15.0%	145,5 k €	-6.1%	154,9 k €	-25.3%	207,3 k €	-35.6%	321,7 k €	+40.0%	229,7 k €	-14.9%	270,0 k €	+92.9%	140,0 k €	-5.9%	148,8 k €	+11.2%	133,8 k €	+85.2%	72,2 k €	-38.9%	118,3 k €	-45.6%	217,5 k €	+12.1%	194,0 k €	-41.8%	333,1 k €	+81.3%	183,7 k €	+370%	39,1 k €
Net result	44,9 k €	-64.1%	125,1 k €	+14.0%	109,7 k €	-14.2%	128,0 k €	-25.3%	171,3 k €	-29.0%	241,2 k €	+41.7%	170,2 k €	+3.2%	164,9 k €	+61.2%	102,3 k €	-2.7%	105,1 k €	+15.9%	90,7 k €	+74.3%	52,0 k €	-42.5%	90,5 k €	-42.4%	157,1 k €	+15.0%	136,6 k €	-38.1%	220,7 k €	+100%	110,2 k €	+375%	23,2 k €
Balance sheet
Equity	1,1 M €	-38.7%	1,7 M €	+7.7%	1,6 M €	+7.3%	1,5 M €	-26.6%	2,1 M €	+22.6%	1,7 M €	+16.8%	1,4 M €	+13.5%	1,3 M €	+12.2%	1,1 M €	+10.0%	1,0 M €	+315%	246,6 k €	-73.0%	914,9 k €	+6.0%	862,9 k €	+11.7%	772,4 k €	+25.5%	615,3 k €	+28.5%	478,6 k €	+41.7%	337,9 k €	+48.4%	227,7 k €
Total assets	1,8 M €	-26.0%	2,4 M €	+15.1%	2,1 M €	-4.8%	2,2 M €	-7.1%	2,4 M €	-3.6%	2,5 M €	+12.1%	2,2 M €	-0.2%	2,2 M €	+6.8%	2,1 M €	-1.7%	2,1 M €	+1.6%	2,1 M €	-10.3%	2,3 M €	+24.3%	1,9 M €	+81.3%	1,0 M €	-5.4%	1,1 M €	+3.9%	1,0 M €	+11.9%	932,5 k €	+3.9%	897,7 k €
Cash	187,6 k €	-6.9%	201,4 k €	-34.7%	308,3 k €	+140%	128,2 k €	-23.9%	168,4 k €	+152%	66,7 k €	-60.4%	168,5 k €	+84.7%	91,2 k €	+164%	34,5 k €	-44.3%	62,0 k €	+195%	21,0 k €	-63.0%	56,8 k €	+146%	23,1 k €	-83.5%	139,3 k €	+10.8%	125,7 k €	+230%	38,1 k €	-70.1%	127,6 k €	+237%	37,9 k €
Debts	718,3 k €	+6.2%	676,3 k €	+56.4%	432,3 k €	-38.1%	698,8 k €	+114%	327,1 k €	-58.8%	794,4 k €	+3.2%	769,4 k €	-18.5%	944,3 k €	+0.4%	940,7 k €	-12.9%	1,1 M €	-40.8%	1,8 M €	+30.9%	1,4 M €	+40.1%	994,1 k €	+296%	250,8 k €	-45.9%	463,7 k €	-15.5%	549,0 k €	-6.8%	589,4 k €	-12.0%	670,0 k €
Other
Workforce	6,7 ETP	+36.7%	4,9 ETP	+14.0%	4,3 ETP	+10.3%	3,9 ETP	-4.9%	4,1 ETP	+7.9%	3,8 ETP	-5.0%	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	-2.4%	4,1 ETP	-2.4%	4,2 ETP	+2.4%	4,1 ETP	-2.4%	4,2 ETP	0.0%	4,2 ETP	+16.7%	3,6 ETP	+5.9%	3,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 23 ended

Active mandates

NoTiMan

Director · since 28 juin 2023 · until 04 juin 2029 · 0826.163.648

Represented by Massa RUDY

Active

PIPING TOOLS AND SERVICES

Managing director · since 28 juin 2023 · until 04 juin 2029 · 0826.608.462

Represented by De Baets Stefan

Active

Ended mandates

PIPING TOOLS AND SERVICES

Director · since 28 juin 2023 · until 04 juin 2029 · 0826.608.462

Represented by Stefan De Baets

Ended

BACEMA

Managing director · since 28 octobre 2022 · until 05 juin 2028 · 0792.980.443

Represented by Van GOETHEM WIM

Ended

Bert Troubleyn

Director · since 07 février 2022 · until 05 juin 2028

Ended

BERTOO

Managing director · since 07 février 2022 · until 05 juin 2028 · 0466.009.972

Represented by Troubleyn KAMIEL

Ended

Annual accounts

Full financial information

	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	18/05/2026	23/04/2025	28/06/2024	25/04/2023	22/06/2022	18/05/2021
General meeting	04/05/2026	27/03/2025	03/06/2024	16/03/2023	07/06/2022	03/05/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/05/2026	18/05/2026	Dutch	PDF
Abridged model	31/12/2024	27/03/2025	23/04/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	16/03/2023	25/04/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	22/06/2022	Dutch	PDF
Abridged model	31/12/2020	03/05/2021	18/05/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	24/06/2020	Dutch	PDF
Abridged model	31/12/2018	13/05/2019	25/06/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	20/06/2018	Dutch	PDF
Abridged model	31/12/2016	05/06/2017	20/06/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	08/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	24/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	15/07/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	24/06/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	13/07/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	23/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	22/06/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	02/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	23/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	20/06/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 23 ended

Active mandates

NoTiMan

Director · since 28 juin 2023 · until 04 juin 2029 · 0826.163.648

Represented by Massa RUDY

Active

PIPING TOOLS AND SERVICES

Managing director · since 28 juin 2023 · until 04 juin 2029 · 0826.608.462

Represented by De Baets Stefan

Active

Ended mandates

PIPING TOOLS AND SERVICES

Director · since 28 juin 2023 · until 04 juin 2029 · 0826.608.462

Represented by Stefan De Baets

Ended

BACEMA

Managing director · since 28 octobre 2022 · until 05 juin 2028 · 0792.980.443

Represented by Van GOETHEM WIM

Ended

Bert Troubleyn

Director · since 07 février 2022 · until 05 juin 2028

Ended

BERTOO

Managing director · since 07 février 2022 · until 05 juin 2028 · 0466.009.972

Represented by Troubleyn KAMIEL

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares28/08/2025
KAPITAAL - AANDELEN
PDF
Restructuring21/05/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates18/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/02/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates06/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/02/2014
KAPITAAL - AANDELEN
PDF
Mandates19/06/2013
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202544,9 k €↓
2024
Annual accounts 2024125,1 k €↑
2023
Annual accounts 2023109,7 k €↓
2022
Annual accounts 2022128,0 k €↓
2021
Annual accounts 2021171,3 k €↓
2018
Annual accounts 2018241,2 k €↑
2017
Annual accounts 2017170,2 k €↑
2016
Annual accounts 2016164,9 k €↑
2015
Annual accounts 2015102,3 k €↓
2014
Annual accounts 2014105,1 k €↑
2013
Annual accounts 201390,7 k €↑
2012
Annual accounts 201252,0 k €↓
2011
Annual accounts 201190,5 k €↓
2010
Annual accounts 2010157,1 k €↑
2009
Annual accounts 2009136,6 k €↓
2008
Annual accounts 2008220,7 k €↑
2007
Annual accounts 2007110,2 k €↑
2006
Annual accounts 200623,2 k €
13/11/2000
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

WELDING SERVICES

Overview

What does WELDING SERVICES do?

Trend over 18 financial years

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