Welec SA
98.8 FTEThe score of Welec shows with a free account.
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- Balance sheet strength
- Liquidity
- Repayment capacity
- Profitability
- Trajectory
- Compliance and register
- Position in its sectorvs peers
- Supplier creditat 30 d
- Borrowing capacityborrowable
- Valuationcentral
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Key figures 2026
Change 2023 → 2026: Revenue +40 % Equity +52 % Total assets +62 % Headcount (avg FTE) +11 %
Accounts of the company itself (not consolidated).
The full file covers 13 financial years; a free account shows 2. →Deterministic calculation on the filed accounts, no AI. Dispute the score or report an error
Welec's annual accounts
| 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| Revenue | €29.8m | ||||
| Net result | €1.45m | ||||
| Equity | €11.0m | ||||
| Cash | €6.53m | ||||
| EBITDA | €3.08m | ||||
| Total assets | €17.8m |
Filed annual accounts
- Year ended 31 Mar 2026filed on 19 Oct 2026
- Year ended 31 Mar 2025filed on 01 Oct 2025
- Year ended 31 Mar 2024filed on 22 Oct 2024
- Year ended 31 Mar 2023filed on 30 Nov 2023
- Year ended 31 Mar 2022filed on 30 Sep 2022
Welec's financial analysis
- Solvency61.6%sector median: 48.6%
- Current ratio
- Net margin
- ROE
- Financial debt / EBITDA
- Interest coverage
- Days sales outstanding (DSO)
Management and control of Welec
Welec's publications in the Belgian Gazette
Company number, VAT number and registered office
- Company number (CBE)
- 0443.800.734
- VAT number
- BE0443800734
- Peppol
- Registered · 0208:0443800734 · as of 05 Nov 2026
- Legal form
- SA
- Incorporated
- 11 Apr 1991
- Registered office
- 2260 Westerlo
- Size
- Medium · 98.8 FTE
- Latest accounts
- 2026 · filed on 19 Oct 2026
- Activity
- General work of electrical installation (NACE 43211)
Welec (SA) has been based in Westerlo since 1991, active in: general work of electrical installation. For 2026, it reports revenue of €29.8m, a net profit of €1.45m and equity of €11.0m. With 98.8 full-time equivalents, it is a medium-sized enterprise by headcount. Its solvency stands at 61.6%, above the median of its sector (48.6%).
Companies similar to Welec
Companies in the same business, of comparable size and area, outside its group.
- Electriciteitswerken Nuyts Electrical installation Balen · balance sheet €14.8m
- Balteau I.E. Production of electricity from non-renewable sources Saint-Nicolas · balance sheet €18.3m
- Automation-Technique-Industrie Manufacture of electricity distribution and control apparatus Thimister-Clermont · balance sheet €14.9m
- Jansen Energy Solutions Electrical installation Heusden-Zolder · balance sheet €16.7m
- Newelec Manufacture of electricity distribution and control apparatus Herstal · balance sheet €27.2m
- Siegers Technics Electrical installation Turnhout · balance sheet €43.4m
- Unit-T Certified Services Electrical installation Mechelen · balance sheet €16.4m
- Logi - Technic Installation of industrial machinery and equipment Jabbeke · balance sheet €17.4m
Frequently asked questions about Welec
What is the revenue of Welec?
According to the 2026 annual accounts filed with the NBB, the revenue of Welec amounts to 29,804,795 €.
What is the VAT number of Welec?
In Belgium, the VAT number is the company number prefixed with BE: BE0443800734 for Welec, if the company is VAT-registered. Its company number (CBE) is 0443.800.734.
Where is the registered office of Welec?
According to the CBE register, the registered office of Welec is in 2260 Westerlo.
What is the equity of Welec?
At the close of the 2026 financial year, the equity of Welec amounts to 10,976,275 €, a solvency of 61.6% of total assets.
How many people work at Welec?
98.8 full-time equivalents on average according to the 2026 social balance sheet.
Who manages Welec?
The register lists 5 active mandates at Welec. Names and roles are in the full file, with the deeds published in the Belgian Gazette.
The full file of Welec
Directors and mandates, ownership network, Gazette deeds, ten years of accounts and ratios, Excel export, and Idonis's analysis in one question.
Open the full file →