ACTIVE

Welvaartsfonds

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Financial year 2025 · closed on 31/12/2025
Net result
-15,1 M €
-731.2% YoY
Equity
145,4 M €
+19.7% YoY

What does Welvaartsfonds do?

Welvaartsfonds is a Private limited company incorporated in 2021. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0772.763.960
Incorporation
23/08/2021
Legal form
Private limited company
Registered office
Rue du Vieux Marché aux Grains 63
1000 Bruxelles · BruxellesSee on map
Contributed capital
163 999 999,71 €
Latest accounts
31/12/2025
Contacts
2 public details availableLog in to view
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
EBITDA-3,1 M €-3,2 M €-3,3 M €-4,3 M €
Operating result-3,1 M €-3,2 M €-3,3 M €-4,3 M €
Net result-15,1 M €2,4 M €-1,8 M €-4,1 M €
Balance sheet
Equity145,4 M €121,5 M €64,1 M €15,9 M €
Total assets158,4 M €121,5 M €64,2 M €15,9 M €
Cash3,8 M €2,6 M €13,3 M €4,7 M €
Debts12,9 M €5,3 k €88,5 k €14,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 1 ended

Active mandates

Albrecht De Graeve

Chairman of the board of directors · since 27 août 2021

Active
Christine Amelia Fernand Joris

bestuurder · since 27 août 2021

Active
WILLIAM BLOMME

bestuurder · since 27 août 2021 · 0866.293.043

Represented by William Blomme

Active
Participatiemaatschappij Vlaanderen

bestuurder · since 16 août 2021 · 0455.777.660

Represented by Elke Van De Walle

Active

Ended mandates

Bert De Graeve

Chairman of the board of directors · since 27 août 2021

Ended
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Annual accounts

Full financial information

2025202420232022
Type of accountFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202316/08/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months17 months
Filing date08/07/202630/06/202508/07/202431/07/2023
General meeting26/06/202627/06/202508/07/202415/06/2023
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
Full model31/12/202526/06/202608/07/2026DutchPDF
Full model31/12/202427/06/202530/06/2025DutchPDF
Full model31/12/202308/07/202408/07/2024DutchPDF
Full model31/12/202215/06/202331/07/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

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 · 4 active · 1 ended

Active mandates

Albrecht De Graeve

Chairman of the board of directors · since 27 août 2021

Active
Christine Amelia Fernand Joris

bestuurder · since 27 août 2021

Active
WILLIAM BLOMME

bestuurder · since 27 août 2021 · 0866.293.043

Represented by William Blomme

Active
Participatiemaatschappij Vlaanderen

bestuurder · since 16 août 2021 · 0455.777.660

Represented by Elke Van De Walle

Active

Ended mandates

Bert De Graeve

Chairman of the board of directors · since 27 août 2021

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares08/12/2021
    KAPITAAL - AANDELEN
    PDF
  • Mandates13/09/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    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 2025-15,1 M €↓
  2. 19/06/2025
    reconductionForvis Mazars BV — commissaris
  3. 2024
    Annual accounts 20242,4 M €↑
  4. 2023
    Annual accounts 2023-1,8 M €↑
  5. 01/07/2023
    nominationKurt Marichal — commissaris
  6. 01/07/2023
    nominationKurt Marichat — commissaris
  7. 2022
    Annual accounts 2022-4,1 M €
  8. 23/08/2021
    IncorporationPrivate limited company