ACTIVE

WEL

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Financial year 2025 · closed on 31/12/2025
Net result
-385,6 k €
-256.8% YoY
Gross margin
2,2 M €
-3.1% YoY
Equity
-1,3 M €
-41.9% YoY
Workforce
29,5 ETP
-6.1% YoY

What does WEL do?

WEL is a Private limited company incorporated in 2013. Its main activity is: Residential care activities for the elderly and disabled. Its registered office is in Marche-en-Famenne. It employs on average 29,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0535.872.441
Incorporation
21/06/2013
Legal form
Private limited company
Registered office
Waha, Rue du Maquis 63
6900 Marche-en-Famenne · WallonieSee on map
Contributed capital
160 000,00 €
Latest accounts
31/12/2025
Average workforce
29,5 ETP
Activities (NACE)
87301Residential care activities for the elderly and disabled· main87301Residential care activities for the elderly and disabled87302Residential care activities for the elderly and disabled87302Residential care activities for the elderly and disabled
Joint committees (1)
  • 33001
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201920182017201620152014
Income statement
Gross margin2,2 M €2,3 M €2,1 M €1,9 M €1,6 M €1,6 M €1,5 M €1,4 M €1,4 M €57,1 k €92,2 k €
EBITDA-21,7 k €251,3 k €33,1 k €85,7 k €132,4 k €55,2 k €48,6 k €126,1 k €208,7 k €57,1 k €91,5 k €
Operating result-230,3 k €44,4 k €-191,2 k €-95,6 k €-52,2 k €-93,5 k €-98,4 k €-21 k €61,7 k €56,8 k €83,6 k €
Net result-385,6 k €-108,1 k €-287 k €-149,3 k €-70,1 k €-148,4 k €-153,1 k €-73,3 k €-79,8 k €-430,9 €528,5 €
Balance sheet
Equity-1,3 M €-938,5 k €-823 k €-528,5 k €-371,7 k €-294,5 k €-146,1 k €7 k €80,3 k €160,1 k €160,5 k €
Total assets3 M €2,9 M €2,9 M €3 M €3 M €3,3 M €3,1 M €3,4 M €3,6 M €2 M €2 M €
Cash49,5 k €40,7 k €42,9 k €8,7 k €42,7 k €323,2 k €116,1 k €75,2 k €304,7 k €4 k €–
Debts4,3 M €3,9 M €3,7 M €3,5 M €3,3 M €3,6 M €3,2 M €3,3 M €3,4 M €1,8 M €1,8 M €
Other
Workforce29,5 ETP31,4 ETP31,5 ETP29,4 ETP31,1 ETP26,3 ETP24,4 ETP23,5 ETP22,6 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Pascal GUERIN

Director · since 18 juin 2019 · until 25 juin 2026

Active

Ended mandates

Pascal GUERIN

Director · since 18 juin 2019 · until 06 juin 2025

Ended
Pascal GUERIN

Director · since 18 juin 2019 · until 18 septembre 2025

Ended
Pascal Guérin

Director · since 18 juin 2019 · until 18 juin 2025

Ended
Philippe Van den Broeck

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date29/06/202609/07/202510/07/202407/07/202320/07/202227/08/2021
General meeting25/06/202626/06/202527/06/202430/06/202324/06/202215/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202629/06/2026FrenchPDF
Abridged model31/12/202426/06/202509/07/2025FrenchPDF
Abridged model31/12/202327/06/202410/07/2024FrenchPDF
Abridged model31/12/202230/06/202307/07/2023FrenchPDF
Abridged model31/12/202124/06/202220/07/2022FrenchPDF
Abridged model31/12/202015/07/202127/08/2021FrenchPDF
Abridged model31/12/201909/09/202006/11/2020FrenchPDF
Abridged model31/12/201807/06/201930/09/2019FrenchPDF
Abridged model31/12/201730/06/201830/09/2018FrenchPDF
Abridged model31/12/201602/06/201729/08/2017FrenchPDF
Abridged model31/12/201503/06/201625/08/2016FrenchPDF
Abridged model31/12/201405/06/201527/08/2015FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Pascal GUERIN

Director · since 18 juin 2019 · until 25 juin 2026

Active

Ended mandates

Pascal GUERIN

Director · since 18 juin 2019 · until 06 juin 2025

Ended
Pascal GUERIN

Director · since 18 juin 2019 · until 18 septembre 2025

Ended
Pascal Guérin

Director · since 18 juin 2019 · until 18 juin 2025

Ended
Philippe Van den Broeck

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/09/2026
    Renouvellement du mandat du Commissaire
    PDF
  • Mandates09/10/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/09/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/09/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office20/12/2016
    SIEGE SOCIAL
    PDF
  • Restructuring22/04/2016
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring02/03/2016
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 2025-385,6 k €↓
  2. 2024
    Annual accounts 2024-108,1 k €↑
  3. 2023
    Annual accounts 2023-287 k €↓
  4. 2022
    Annual accounts 2022-149,3 k €↓
  5. 2021
    Annual accounts 2021-70,1 k €↑
  6. 2019
    Annual accounts 2019-148,4 k €↑
  7. 2018
    Annual accounts 2018-153,1 k €↓
  8. 2017
    Annual accounts 2017-73,3 k €↑
  9. 2016
    Annual accounts 2016-79,8 k €↓
  10. 2015
    Annual accounts 2015-430,9 €↓
  11. 2014
    Annual accounts 2014528,5 €
  12. 21/06/2013
    IncorporationPrivate limited company