NORMAL SITUATION

WELVAARTS

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Company — Normal situation.

Financial year 2025 · Closed on 31/12/2025

Net result50,1 k €-25,4 %over 1 year
Gross margin47,4 k €-25,0 %over 1 year
Equity454,7 k €+12,4 %over 1 year

Identity

Source · BCE/KBO

WELVAARTS is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0473.862.420
Legal form
Private company with limited liability
Contributed capital
6 198,01 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 25 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin47,4 k €63,2 k €55,5 k €44,5 k €37,4 k €
EBITDA47,1 k €63 k €55,3 k €44,3 k €37,2 k €
Operating result47,1 k €63 k €55,3 k €44,3 k €37,2 k €
Net result50,1 k €67,2 k €34,6 k €26 k €37,9 k €
Balance sheet
Equity454,7 k €404,6 k €337,4 k €302,7 k €276,7 k €
Total assets454,7 k €421 k €350,5 k €312,7 k €288,1 k €
Cash431,2 k €405,2 k €335,6 k €297 k €277,4 k €
Debts–16,4 k €13,1 k €10 k €11,4 k €

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorFunctionMandate
mario welvaarts
Mandate

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/07/202617/06/202524/07/202405/07/202325/07/202226/08/2021
General meeting25/03/202617/06/202519/06/202421/06/202315/06/202230/06/2021
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, 25 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202525/03/202624/07/2026DutchPDF
Micro model31/12/202417/06/202517/06/2025DutchPDF
Micro model31/12/202319/06/202424/07/2024DutchPDF
Micro model31/12/202221/06/202305/07/2023DutchPDF
Micro model31/12/202115/06/202225/07/2022DutchPDF
Micro model31/12/202030/06/202126/08/2021DutchPDF
Micro model31/12/201930/06/202031/08/2020DutchPDF
Micro model31/12/201829/06/201907/08/2019DutchPDF
Micro model31/12/201715/06/201830/07/2018DutchPDF
Abridged model31/12/201630/06/201731/07/2017DutchPDF
Abridged model31/12/201530/06/201615/08/2016DutchPDF
Abridged model31/12/201430/06/201530/07/2015DutchPDF
Abridged model31/12/201330/06/201430/07/2014DutchPDF
Abridged model31/12/201230/06/201330/07/2013DutchPDF
Abridged model31/12/201130/06/201230/07/2012DutchPDF
Abridged model31/12/201030/06/201130/07/2011DutchPDF
Abridged model31/12/200916/06/201013/07/2010DutchPDF
Abridged model31/12/200830/06/200930/07/2009DutchPDF
Abridged model31/12/200730/06/200828/07/2008DutchPDF
Abridged model31/12/200630/06/200727/07/2007DutchPDF
Abridged model31/12/200521/06/200617/07/2006DutchPDF
Abridged model31/12/200429/06/200526/07/2005DutchPDF
Abridged model31/12/200316/06/200426/07/2004DutchPDF
Abridged model31/12/200218/06/200322/07/2003DutchPDF
Abridged model31/12/200126/06/200220/08/2002DutchPDF

Indicative valuation

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

1 active

Active mandates

DirectorFunctionMandate
mario welvaarts
Mandate

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution06/05/2026
    Ontbinding en vereffening in één akte
    PDF
  • Mandates03/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares11/01/2018
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares24/02/2014
    KAPITAAL - AANDELEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202550,1 k €↓
  2. 2024
    Annual accounts 202467,2 k €↑
  3. 2023
    Annual accounts 202334,6 k €↑
  4. 2022
    Annual accounts 202226 k €↓
  5. 2021
    Annual accounts 202137,9 k €↑
  6. 2020
    Annual accounts 202036,1 k €↑
  7. 2019
    Annual accounts 201921,5 k €↑
  8. 2018
    Annual accounts 201814,6 k €↓
  9. 2017
    Annual accounts 201719,1 k €↓
  10. 2016
    Annual accounts 201624,3 k €↑
  11. 2015
    Annual accounts 201522,9 k €↑
  12. 2014
    Annual accounts 201420,9 k €↓
  13. 2013
    Annual accounts 201326,8 k €↑
  14. 2012
    Annual accounts 201213,8 k €↓
  15. 2010
    Annual accounts 201021,8 k €↑
  16. 2009
    Annual accounts 200918,8 k €↑
  17. 2008
    Annual accounts 200813,4 k €↓
  18. 2007
    Annual accounts 200714,1 k €↑
  19. 2006
    Annual accounts 200611,1 k €