OPENING OF BANKRUPTCY

WELA

Financial year 2019 · closed on 31/12/2019
Net result
2,4 k €
-42.0% YoY
Gross margin
12,9 k €
-25.4% YoY
Equity
117,9 k €
+2.1% YoY

Company — Opening of bankruptcy.

What does WELA do?

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
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

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 €
Governance

Board of directors

Seen on filing of 31/12/2019 · 1 active · 1 ended

Active mandates

Dimitri Wellens

Director · since 02 octobre 2015

Active

Ended mandates

Dimitri Wellens

Manager · since 02 octobre 2015

Ended
At this address

Other companies at this address

CompanyCBE no.
ELTBankrupt
0472.444.834
Annual accounts

Full financial information

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
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

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
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2019 · 1 active · 1 ended

Active mandates

Dimitri Wellens

Director · since 02 octobre 2015

Active

Ended mandates

Dimitri Wellens

Manager · since 02 octobre 2015

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  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