WelCo Oy, which specialises in the development, design and construction of wellbeing facilities, has published its results for the 2025 financial year. The financial statements release shows WelCo’s transition into a significant growth phase. Revenue rose to over EUR 20 million, and the company’s profitability and solvency remained at an excellent level.
WelCo Oy’s revenue grew from EUR 5.5 million in the previous year to as much as EUR 20.04 million. The strong leap is explained above all by successful financing arrangements; contracts negotiated in 2024 (approx. EUR 9 million) could be carried out in full once financing was secured in 2025.
“Last year we were able to launch several projects, and they nearly quadrupled our revenue. The increased revenue certainly ensures that we can continue to take on all projects that make sense for us, but rather than revenue, our business places emphasis on the need for equity. That is why our focus is on profitability,” explains WelCo Oy’s CEO Ville-Pekka Lehto.
WelCo Oy provides wellbeing facilities according to the customer’s needs: customers can either own the facilities or operate in them as tenants. Although volume grew rapidly in 2025, the company kept its focus firmly on profitability and sensible growth. The current order backlog for 2026 is approximately EUR 17 million. In addition to ongoing projects, new projects include wellbeing facilities to be built in Oulu and Kankaanpää, among others.
“With the support of our own equity, we can develop projects further and invest in areas such as land acquisition. At the end of 2025, our equity ratio was a strong 56.4%. This enables the necessary construction-period guarantees and sufficiently credible equity for major acquisitions and financing,” CEO Lehto concludes.
During 2026, WelCo Oy will recruit additional staff in areas such as financial administration and project management.
Key figures
Revenue EUR 20.04 million
Operating profit EUR 1.418 million
Equity ratio 56.4%
Personnel on average 10 salaried employees
Order backlog EUR 17 million
Further information
Ville-Pekka Lehto
CEO
+358 40 771 8765
ville-pekka.lehto@welco.fi