OPENING OF BANKRUPTCY

WELA

Company — Opening of bankruptcy.

Financial year 2019 · Closed on 31/12/2019

Net result2,4 k €-42,0 %over 1 year
Gross margin12,9 k €-25,4 %over 1 year
Equity117,9 k €+2,1 %over 1 year

Identity

Source · BCE/KBO

WELA is a Private company with limited liability incorporated in 2015. Its registered office is in Putte.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0639.839.021
Incorporation
02/10/2015
Legal form
Private company with limited liability
Registered office
Mechelbaan 676 box 1
2580 Putte · FlandreSee on map
Latest accounts
31/12/2019
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2019201820172016
Income statement
Gross margin12,9 k €17,2 k €22,1 k €18,4 k €
EBITDA9,1 k €16 k €20,3 k €17,7 k €
Operating result8,6 k €10,9 k €15,1 k €11,3 k €
Net result2,4 k €4,1 k €8,2 k €90,8 k €
Balance sheet
Equity117,9 k €115,5 k €111,4 k €103,2 k €
Total assets309,7 k €303,9 k €310,9 k €308,4 k €
Cash1,2 k €2,8 k €3,6 k €4,7 k €
Debts191,5 k €188,1 k €199,3 k €205 k €

Board of directors

Source · NBB, accounts to 31/12/2019

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Dimitri Wellens
Directorsince 02/10/2015Manager02/10/2015 → 2018 accountsended

Other companies at this address

Mechelbaan 676 2580 Putte
CompanyCBE no.
ELT● Bankrupt
0472.444.834

Full financial information

Source · NBB
2019201820172016
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201901/01/201801/01/201702/10/2015
Closing of the financial year31/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months15 months
Filing date30/07/202026/06/201931/07/201828/07/2017
General meeting10/06/202012/06/201913/06/201814/06/2017
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201910/06/202030/07/2020DutchPDF
Abridged model31/12/201812/06/201926/06/2019DutchPDF
Abridged model31/12/201713/06/201831/07/2018DutchPDF
Abridged model31/12/201614/06/201728/07/2017DutchPDF

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.

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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 31/12/2019

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Dimitri Wellens
Directorsince 02/10/2015Manager02/10/2015 → 2018 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office13/12/2018
    Wijziging maatschappelijke zetel |
    PDF
  • Other06/10/2015
    Er blijkt uit een akte verleden voor notaris ADRIENNE SPAEPEN, te Mechelen op één oktober
    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
Filings4 filings
Mandates
Dimitri Wellens
201520162017201820192020202120222023202420252026
WELA
No data
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Mechelbaan 676 bte 1, 2580 PutteCurrent
CBE

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
WELACurrent
accounts 2016 → 2019
Accounts 2019 · 2020-36000360

Events

  1. 2019
    Annual accounts 20192,4 k €↓
  2. 2018
    Annual accounts 20184,1 k €↓
  3. 2017
    Annual accounts 20178,2 k €↓
  4. 2016
    Annual accounts 201690,8 k €
  5. 02/10/2015
    IncorporationPrivate company with limited liability