ACTIVE

WELOCATE

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Financial year 2025 · closed on 31/12/2025
Net result
120,8 k €
-84.5% YoY
Gross margin
319,2 k €
-73.6% YoY
Equity
2,9 M €
+4.4% YoY

What does WELOCATE do?

WELOCATE is a Public limited company incorporated in 2017. Its registered office is in Knokke-Heist.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0676.916.577
Incorporation
19/06/2017
Legal form
Public limited company
Registered office
Duinenwater 2
8300 Knokke-Heist · FlandreSee on map
Contributed capital
200 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin319,2 k €1,2 M €1,2 M €1,3 M €44 k €54,6 k €302,9 k €46,7 k €
EBITDA319,1 k €1,2 M €1,2 M €1,3 M €29,8 k €52,4 k €300,1 k €43,8 k €
Operating result319,1 k €1,2 M €1,2 M €1,3 M €29,8 k €52,4 k €300,1 k €43,8 k €
Net result120,8 k €777,2 k €707,8 k €851,9 k €-26,2 k €34,3 k €204,7 k €24,1 k €
Balance sheet
Equity2,9 M €2,8 M €2 M €1,3 M €436,9 k €463,1 k €428,8 k €224,1 k €
Total assets16,8 M €16,1 M €17,9 M €14,8 M €8,8 M €1,5 M €1,4 M €1,7 M €
Cash860,7 k €914,5 k €2,2 M €417,5 k €27,3 k €201,9 k €169,1 k €10,8 k €
Debts14 M €13,4 M €15,9 M €13,5 M €8,3 M €1 M €988,7 k €1,5 M €
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 · 3 active · 5 ended

Active mandates

AGENTSCHAP PALLEN

Managing director · since 31 janvier 2022 · 0415.860.081

Represented by L Van Hoorebeke

Active
HUYSMAN PROJECTS

Managing director · since 31 janvier 2022 · 0452.869.541

Active
HUYSMAN PROPERTIES

Managing director · since 16 juin 2017 · 0443.165.284

Represented by Dominique Huysman

Active

Ended mandates

HUYSMAN PROPERTIES

Managing director · since 16 juin 2017 · until 02 mai 2023 · 0443.165.284

Represented by Dominique Huysman

Ended
LVH INVEST

Managing director · since 16 juin 2017 · until 31 janvier 2022 · 0673.797.731

Represented by Louis Van Hoorebeke

Ended
LVH INVEST

Managing director · since 16 juin 2017 · until 02 mai 2023 · 0673.797.731

Represented by Louis Van Hoorebeke

Ended
PALLEN INVEST

Director · since 16 juin 2017 · until 02 mai 2023 · 0883.175.102

Represented by Bernard Van Hoorebeke

Ended
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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 date23/07/202628/07/202526/08/202417/04/202314/07/202202/06/2021
General meeting02/05/202623/05/202502/05/202431/03/202323/05/202202/05/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/05/202623/07/2026DutchPDF
Abridged model31/12/202423/05/202528/07/2025DutchPDF
Abridged model31/12/202302/05/202426/08/2024DutchPDF
Abridged model31/12/202231/03/202317/04/2023DutchPDF
Abridged model31/12/202123/05/202214/07/2022DutchPDF
Abridged model31/12/202002/05/202102/06/2021DutchPDF
Abridged model31/12/201902/05/202029/06/2020DutchPDF
Abridged model31/12/201824/06/201923/08/2019DutchPDF
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 · 3 active · 5 ended

Active mandates

AGENTSCHAP PALLEN

Managing director · since 31 janvier 2022 · 0415.860.081

Represented by L Van Hoorebeke

Active
HUYSMAN PROJECTS

Managing director · since 31 janvier 2022 · 0452.869.541

Active
HUYSMAN PROPERTIES

Managing director · since 16 juin 2017 · 0443.165.284

Represented by Dominique Huysman

Active

Ended mandates

HUYSMAN PROPERTIES

Managing director · since 16 juin 2017 · until 02 mai 2023 · 0443.165.284

Represented by Dominique Huysman

Ended
LVH INVEST

Managing director · since 16 juin 2017 · until 31 janvier 2022 · 0673.797.731

Represented by Louis Van Hoorebeke

Ended
LVH INVEST

Managing director · since 16 juin 2017 · until 02 mai 2023 · 0673.797.731

Represented by Louis Van Hoorebeke

Ended
PALLEN INVEST

Director · since 16 juin 2017 · until 02 mai 2023 · 0883.175.102

Represented by Bernard Van Hoorebeke

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/02/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/02/2022
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office24/02/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other21/06/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025120,8 k €↓
  2. 2024
    Annual accounts 2024777,2 k €↑
  3. 2023
    Annual accounts 2023707,8 k €↓
  4. 2022
    Annual accounts 2022851,9 k €↑
  5. 2021
    Annual accounts 2021-26,2 k €↓
  6. 2020
    Annual accounts 202034,3 k €↓
  7. 2019
    Annual accounts 2019204,7 k €↑
  8. 2018
    Annual accounts 201824,1 k €
  9. 19/06/2017
    IncorporationPublic limited company