ACTIVE

Welvaert TSD

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Financial year 2025 · Closed on 31/12/2025

Net result156,3 k €+7,9 %over 1 year
Gross margin638,4 k €+8,8 %over 1 year
Equity764,1 k €+7,1 %over 1 year
Workforce4,1 ETP+2,5 %over 1 year

Identity

Source · BCE/KBO

Welvaert TSD is a Private limited company incorporated in 2007. Its main activity is: Construction of buildings. Its registered office is in Hamme (Vl.). It employs on average 4,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0894.456.695
Incorporation
24/12/2007
Legal form
Private limited company
Registered office
Zouavenstraat 2A
9220 Hamme (Vl.) · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Average workforce
4,1 ETP
Joint committees (2)
  • 124
  • 200
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 17 filings

Trend over 15 financial years

20252024202320222021
Income statement
Gross margin638,4 k €586,6 k €426,3 k €399,5 k €389,4 k €
EBITDA332,4 k €300,2 k €205,5 k €223,7 k €213,1 k €
Operating result225,1 k €206,6 k €135,8 k €179,4 k €181,2 k €
Net result156,3 k €144,8 k €97,2 k €128,3 k €134 k €
Balance sheet
Equity764,1 k €713,2 k €583,5 k €488,7 k €371,7 k €
Total assets1,3 M €1,3 M €1,2 M €1 M €751,1 k €
Cash83,6 k €158,3 k €133,9 k €39,6 k €50,7 k €
Debts559,8 k €631,6 k €657,3 k €520,7 k €379,4 k €
Other
Workforce4,1 ETP4,0 ETP–––

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

DIMITRI WELVAERT

Director

Active
Stijn Welvaert

Director

Active
TIM WELVAERT

Director

Active

Ended mandates

ADRIENNE WELVAERT STIJN

Director

Ended
Dimitri WELVAERT

Associate

Ended
GEERT WELVAERT DIMITRI

Director

Ended
KAMIEL WELVAERT TIM

Director

Ended

Other companies at this address

Zouavenstraat 2A 9220 Hamme (Vl.)
CompanyCBE no.
WELINVEST● Active
0726.476.352

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro 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 date17/06/202624/06/202501/08/202422/06/202314/09/202203/08/2021
General meeting13/06/202613/06/202514/06/202409/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202513/06/202617/06/2026DutchPDF
Abridged model31/12/202413/06/202524/06/2025DutchPDF
Micro model31/12/202314/06/202401/08/2024DutchPDF
Micro model31/12/202209/06/202322/06/2023DutchPDF
Micro modelCorrection31/12/202130/06/202214/09/2022DutchPDF
Micro model31/12/202130/06/202231/08/2022DutchPDF
Micro model31/12/202030/06/202103/08/2021DutchPDF
Micro model31/12/201930/06/202030/10/2020DutchPDF
Micro model31/12/201830/06/201901/08/2019DutchPDF
Micro model31/12/201708/06/201821/06/2018DutchPDF
Abridged model31/12/201609/06/201709/06/2017DutchPDF
Abridged model31/12/201510/06/201604/07/2016DutchPDF
Abridged model31/12/201426/06/201508/07/2015DutchPDF
Abridged model31/12/201327/06/201407/07/2014DutchPDF
Abridged model31/12/201228/06/201327/08/2013DutchPDF
Abridged model31/12/201130/06/201228/08/2012DutchPDF
Abridged model31/12/201030/06/201108/08/2011DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

3 active · 6 ended

Active mandates

DIMITRI WELVAERT

Director

Active
Stijn Welvaert

Director

Active
TIM WELVAERT

Director

Active

Ended mandates

ADRIENNE WELVAERT STIJN

Director

Ended
Dimitri WELVAERT

Associate

Ended
GEERT WELVAERT DIMITRI

Director

Ended
KAMIEL WELVAERT TIM

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates18/10/2021
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Restructuring16/05/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring12/12/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates28/12/2010
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Restructuring23/12/2010
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring22/10/2010
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office28/10/2009
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other02/03/2009
    DOEL
    PDF

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 2025156,3 k €↑
  2. 2024
    Annual accounts 2024144,8 k €↑
  3. 2023
    Annual accounts 202397,2 k €↓
  4. 2022
    Annual accounts 2022128,3 k €↓
  5. 2021
    Annual accounts 2021134 k €↑
  6. 2020
    Annual accounts 202081,5 k €↓
  7. 2019
    Annual accounts 2019106,2 k €↑
  8. 2018
    Annual accounts 201815,9 k €↓
  9. 2017
    Annual accounts 201775,8 k €↑
  10. 2016
    Annual accounts 201650,7 k €↑
  11. 2015
    Annual accounts 20155,6 k €↓
  12. 2014
    Annual accounts 201415,9 k €↓
  13. 2013
    Annual accounts 201359 k €↑
  14. 2012
    Annual accounts 20123,8 k €↓
  15. 2011
    Annual accounts 201112,8 k €
  16. 24/12/2007
    IncorporationPrivate limited company