ACTIVE

Welat Auto's

Financial year 2024 · Closed on 31/12/2024

Net result
8,7 k €
+210,6 %over 1 year
Gross margin
39,4 k €
-34,9 %over 1 year
Equity
65,7 k €
+15,2 %over 1 year
Workforce
0,5 ETP
-50,0 %over 1 year

Identity

Source · BCE/KBO

Welat Auto's is a Private limited company incorporated in 2020. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Genk. It employs on average 0,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0756.503.691
Incorporation
13/10/2020
Legal form
Private limited company
Registered office
Hasseltweg 280
3600 Genk · FlandreSee on map
Contributed capital
41 500,00 €
Latest accounts
31/12/2024
Average workforce
0,5 ETP
Joint committees (2)
  • 112
  • 200
Contacts
1 public detail availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2024202320222021
Income statement
Gross margin39,4 k €60,5 k €54,9 k €-7,5 k €
EBITDA14,3 k €-1,4 k €40,4 k €-9,8 k €
Operating result13,1 k €-2,7 k €40 k €-9,8 k €
Net result8,7 k €-7,8 k €33,2 k €-9,8 k €
Balance sheet
Equity65,7 k €57 k €25,9 k €-7,3 k €
Total assets459,1 k €544,6 k €359 k €199,4 k €
Cash1,7 k €8,3 k €477,4 €67,9 k €
Debts393,4 k €487,6 k €333,1 k €205 k €
Other
Workforce0,5 ETP1,0 ETP0,4 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 1 ended

Active mandates

VEDAT AKHATUN

Director · since 09 octobre 2020

Active

Ended mandates

Vedat Akhatun

Mandate

Ended

Full financial information

Source · NBB
2024202320222021
Type of accountAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/09/2020
Closing of the financial year31/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months16 months
Filing date26/09/202509/07/202531/08/202330/09/2022
General meeting20/06/202530/05/202530/06/202327/05/2022
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 model31/12/202420/06/202526/09/2025DutchPDF
Abridged model31/12/202330/05/202509/07/2025DutchPDF
Abridged model31/12/202230/06/202331/08/2023DutchPDF
Micro model31/12/202127/05/202230/09/2022DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 1 ended

Active mandates

VEDAT AKHATUN

Director · since 09 octobre 2020

Active

Ended mandates

Vedat Akhatun

Mandate

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office17/10/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other15/10/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 20248,7 k €↑
  2. 2023
    Annual accounts 2023-7,8 k €↓
  3. 2022
    Annual accounts 202233,2 k €↑
  4. 2022
    Name changeWELAT AUTO'S
  5. 2021
    Annual accounts 2021-9,8 k €
  6. 2021
    Name changeWelatAuto's
  7. 13/10/2020
    IncorporationPrivate limited company