ACTIVE

Thomas Wellens Management

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Financial year 2025 · closed on 31/12/2025

Net result

140 k €

+16.4% YoY

Gross margin

245 k €

+17.1% YoY

Equity

1,4 M €

+11.1% YoY

What does Thomas Wellens Management do?

Thomas Wellens Management is a Private company with limited liability incorporated in 2012. Its main activity is: Management consultancy activities. Its registered office is in Woluwe-Saint-Lambert.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0845.001.642

Incorporation

04/04/2012

Legal form

Private company with limited liability

Registered office

Avenue Albert-Elisabeth 24
1200 Woluwe-Saint-Lambert · BruxellesSee on map

Contributed capital

93 800,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 66300Fund management activities 66300Fund management activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	245 k €	+17.1%	209,2 k €	-17.6%	253,7 k €	+31.8%	192,5 k €	-2.2%	196,9 k €	-52.1%	411 k €	+124%	183,2 k €	-15.9%	217,9 k €	+36.9%	159,2 k €	-38.4%	258,4 k €	+27.1%	203,4 k €	+56.4%	130 k €	+40.2%	92,7 k €	+120%	42,2 k €
EBITDA	238,8 k €	+17.5%	203,2 k €	-17.2%	245,3 k €	+31.2%	187 k €	-2.3%	191,4 k €	-52.9%	405,9 k €	+127%	179,1 k €	-16.3%	214 k €	+37.4%	155,7 k €	-39.0%	255,1 k €	+27.4%	200,2 k €	+57.2%	127,4 k €	+41.4%	90,1 k €	+117%	41,5 k €
Operating result	195,2 k €	+32.8%	147 k €	-24.1%	193,7 k €	+40.2%	138,2 k €	-8.5%	151,1 k €	-59.2%	370 k €	+151%	147,2 k €	-19.6%	183 k €	+46.5%	124,9 k €	-44.3%	224,1 k €	+30.2%	172,1 k €	+52.7%	112,7 k €	+36.8%	82,4 k €	+104%	40,3 k €
Net result	140 k €	+16.4%	120,3 k €	-12.9%	138,1 k €	+39.3%	99,2 k €	-6.7%	106,3 k €	-60.4%	268,5 k €	+221%	83,6 k €	-28.4%	116,7 k €	+60.4%	72,8 k €	-44.7%	131,5 k €	+28.1%	102,7 k €	+59.2%	64,5 k €	+25.5%	51,4 k €	+93.2%	26,6 k €
Balance sheet
Equity	1,4 M €	+11.1%	1,3 M €	+10.5%	1,1 M €	+13.8%	1 M €	+11.0%	903,2 k €	+13.3%	797 k €	+50.8%	528,5 k €	+18.8%	444,9 k €	+22.5%	363,2 k €	+11.6%	325,4 k €	+28.2%	253,9 k €	+26.2%	201,3 k €	+150%	80,4 k €	+106%	39 k €
Total assets	2,3 M €	+8.3%	2,1 M €	+1.7%	2,1 M €	-19.2%	2,6 M €	+33.8%	1,9 M €	+6.2%	1,8 M €	+50.3%	1,2 M €	+34.6%	907,2 k €	+0.2%	905,5 k €	-12.3%	1 M €	+7.2%	963,6 k €	+25.0%	771,1 k €	+63.9%	470,4 k €	+503%	77,9 k €
Cash	100,6 k €	+13.8%	88,4 k €	+74.2%	50,7 k €	-84.9%	335,7 k €	-8.0%	365,1 k €	-31.9%	536,2 k €	+248%	154 k €	+378%	32,2 k €		–		51,8 k €	+74.9%	29,6 k €	-57.5%	69,7 k €	+97.0%	35,4 k €	+12.5%	31,5 k €
Debts	876,9 k €	+4.6%	838,1 k €	-8.9%	919,8 k €	-40.9%	1,6 M €	+56.5%	994,8 k €	+0.9%	986,3 k €	+42.6%	691,6 k €	+49.6%	462,3 k €	-14.8%	542,4 k €	-23.2%	705,8 k €	-0.5%	709,6 k €	+25.0%	567,9 k €	+45.6%	390 k €	+901%	39 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Thomas Wellens

Manager · since 04 avril 2012

Active

Ended mandates

Thomas Wellens

Director · since 04 avril 2012

Ended

Thomas Wellens

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
B.A.M.W.● Active	0447.289.269

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/07/2026	18/07/2025	24/07/2024	19/07/2023	27/07/2022	22/07/2021
General meeting	29/06/2026	30/06/2025	30/06/2024	26/06/2023	27/06/2022	28/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/06/2026	16/07/2026	French	PDF
Micro model	31/12/2024	30/06/2025	18/07/2025	French	PDF
Micro model	31/12/2023	30/06/2024	24/07/2024	French	PDF
Micro model	31/12/2022	26/06/2023	19/07/2023	French	PDF
Micro model	31/12/2021	27/06/2022	27/07/2022	French	PDF
Micro model	31/12/2020	28/06/2021	22/07/2021	French	PDF
Micro model	31/12/2019	29/06/2020	09/07/2020	French	PDF
Micro model	31/12/2018	30/06/2019	01/07/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	05/07/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	04/07/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	13/07/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	01/07/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	09/07/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	23/07/2013	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 2 ended

Active mandates

Thomas Wellens

Manager · since 04 avril 2012

Active

Ended mandates

Thomas Wellens

Director · since 04 avril 2012

Ended

Thomas Wellens

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office27/11/2020
SIEGE SOCIAL
PDF
Capital / shares25/04/2014
CAPITAL, ACTIONS
PDF
Other17/04/2012
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2025
Annual accounts 2025140 k €↑
2024
Annual accounts 2024120,3 k €↓
2023
Annual accounts 2023138,1 k €↑
2022
Annual accounts 202299,2 k €↓
2021
Annual accounts 2021106,3 k €↓
2021
Name changeTWM - Thomas Wellens Management
2020
Annual accounts 2020268,5 k €↑
2019
Annual accounts 201983,6 k €↓
2018
Annual accounts 2018116,7 k €↑
2017
Annual accounts 201772,8 k €↓
2016
Annual accounts 2016131,5 k €↑
2015
Annual accounts 2015102,7 k €↑
2014
Annual accounts 201464,5 k €↑
2013
Annual accounts 201351,4 k €↑
2012
Annual accounts 201226,6 k €
04/04/2012
IncorporationPrivate company with limited liability
2012
Name changeThomas Wellens Management

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Thomas Wellens Management

Overview

What does Thomas Wellens Management do?

Trend over 14 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline