ACTIVE

WELLSTRALER

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Financial year 2025 · Closed on 31/12/2025

Net result119 k €+5,3 %over 1 year

Gross margin2,3 M €+3,9 %over 1 year

Equity7,9 M €+1,5 %over 1 year

Workforce30,5 ETP+1,0 %over 1 year

Identity

Source · BCE/KBO

WELLSTRALER is a Public limited company incorporated in 2007. Its main activity is: Manufacture of ovens, furnaces and furnace burners. Its registered office is in Aalst. It employs on average 30,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0887.649.473
Incorporation: 02/03/2007
Legal form: Public limited company
Registered office: Industrielaan 22
9320 Aalst · FlandreSee on map
Contributed capital: 250 000,00 €
Latest accounts: 31/12/2025
Average workforce: 30,5 ETP

Activities (NACE)

28210Manufacture of ovens, furnaces and furnace burners· main 28210Manufacture of ovens, furnaces and furnace burners 29720Manufacture of motor vehicles, trailers and semi-trailers 46494Wholesale of other household goods 46494Wholesale of other household goods 51471Air transport

Contacts

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Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,3 M €	+3.9%	2,2 M €	+6.7%	2,1 M €	-3.1%	2,1 M €	-18.6%	2,6 M €
EBITDA	360,7 k €	-1.7%	367 k €	-13.4%	423,7 k €	-4.8%	445 k €	+0.7%	442 k €
Operating result	143,7 k €	-1.2%	145,4 k €	-30.5%	209,3 k €	+4.9%	199,6 k €	-14.8%	234,1 k €
Net result	119 k €	+5.3%	113 k €	-25.4%	151,5 k €	-5.1%	159,6 k €	-12.5%	182,4 k €
Balance sheet
Equity	7,9 M €	+1.5%	7,8 M €	-12.3%	8,9 M €	+1.7%	8,7 M €	-15.8%	10,4 M €
Total assets	8,8 M €	-9.6%	9,7 M €	-0.3%	9,7 M €	-3.3%	10,1 M €	-8.0%	10,9 M €
Cash	2,2 M €	-45.6%	4 M €	+107%	1,9 M €	+3.0%	1,9 M €	+180%	668,9 k €
Debts	852,9 k €	-55.3%	1,9 M €	+125%	848,8 k €	-32.7%	1,3 M €	+121%	569,5 k €
Other
Workforce	30,5 ETP	+1.0%	30,2 ETP	-3.2%	31,2 ETP	-14.8%	36,6 ETP	-12.0%	41,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ANNECO0859.626.173Represented by Annie Van Mol	Director28/02/2007 → 26/04/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Annie Van Mol	Managing director26/04/2013 → 2022 accounts
Philip Van Droogenbroeck	Director26/04/2013 → 2022 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/07/2026	27/06/2025	25/07/2024	11/07/2023	30/09/2022	30/07/2021
General meeting	30/06/2026	17/06/2025	24/06/2024	16/06/2023	31/08/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	17/06/2025	27/06/2025	Dutch	PDF
Abridged model	31/12/2023	24/06/2024	25/07/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	11/07/2023	Dutch	PDF
Abridged model	31/12/2021	31/08/2022	30/09/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Full model	31/12/2019	24/04/2020	31/07/2020	Dutch	PDF
Full model	31/12/2018	26/04/2019	29/08/2019	Dutch	PDF
Full model	31/12/2017	27/04/2018	28/07/2018	Dutch	PDF
Full model	31/12/2016	28/04/2017	26/07/2017	Dutch	PDF
Full model	31/12/2015	29/04/2016	27/07/2016	Dutch	PDF
Full model	31/12/2014	24/04/2015	25/09/2015	Dutch	PDF
Full model	31/12/2013	25/04/2014	24/07/2014	Dutch	PDF
Full model	31/12/2012	26/04/2013	29/08/2013	Dutch	PDF
Full model	31/12/2011	27/04/2012	11/07/2012	Dutch	PDF
Full model	31/12/2010	29/04/2011	09/06/2011	Dutch	PDF
Full model	31/12/2009	30/04/2010	06/05/2010	Dutch	PDF
Full model	31/12/2008	24/04/2009	15/05/2009	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ANNECO0859.626.173Represented by Annie Van Mol	Director28/02/2007 → 26/04/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Annie Van Mol	Managing director26/04/2013 → 2022 accounts
Philip Van Droogenbroeck	Director26/04/2013 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/03/2020
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring06/01/2016
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring16/11/2015
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office22/10/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/12/2013
ONTSLAGEN - BENOEMINGEN
PDF
Other06/01/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other12/03/2007
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

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

ANNECO

Annie Van Mol

Philip Van Droogenbroeck

20072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

WELLSTRALER

Industrielaan 22, 9320 Erembodegem

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Industrielaan 22, 9320 ErembodegemCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00362766

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
WELLSTRALERCurrent	accounts 2008 → 2025	Accounts 2025 · 2026-00362766

Events

2025
Annual accounts 2025119 k €↑
2024
Annual accounts 2024113 k €↓
2023
Annual accounts 2023151,5 k €↓
2022
Annual accounts 2022159,6 k €↓
2021
Annual accounts 2021182,4 k €↑
2020
Annual accounts 2020165,6 k €↓
2019
Annual accounts 2019265,3 k €↓
2018
Annual accounts 2018476,9 k €↓
2017
Annual accounts 2017494,1 k €↓
2016
Annual accounts 2016613,7 k €↓
2015
Annual accounts 2015649,8 k €↑
2014
Annual accounts 2014447,9 k €↑
2013
Annual accounts 2013423 k €↑
2012
Annual accounts 2012406,3 k €↑
2011
Annual accounts 2011377,9 k €↓
2010
Annual accounts 20101,1 M €↓
2009
Annual accounts 20091,1 M €↑
2008
Annual accounts 2008758,7 k €
02/03/2007
IncorporationPublic limited company

WELLSTRALER

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline

Registered offices

Company names

Events