15 January 2026 (passed, unless a later judgment extended it)
Delegated judge
Theo Raedschelders
Official Gazette
31-07-2025search the document for 2025/132957
Extension
judgment of 15 December 2025, Official Gazette 19-12-2025search the document for 2025/152928
Steps for a creditor
Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
An amicable settlement binds only the creditors who sign it. You decide whether you sign.
What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
The file is in RegSol, where you can read the documents of the procedure.
The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
FollowFollow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.
This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.
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Lower solvency than 95% of companies in office administrative support. Sector median 44.9% · 1,167 companies.
Reorganisation running: about 1 in 4 bankrupt within the year
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
0
Critical
Without a bankruptcy probability, the score rests on the figures alone.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open. There is then no bankruptcy probability from the figures. Of every Belgian company in an open or failed reorganisation, 25% to 26% went bankrupt within twelve months (measured in 2024 and 2025).
Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. Without a bankruptcy probability, the company's Checked score rests on these figures.
Weak
0-19equity -86.1% of total assets
1-1short-term debt 152.7% · cash 1.1%
0=return on assets -75.2%
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
No credit on open account during an ongoing judicial reorganisation
Liquidity is insufficient, with a current ratio of 0.62 (0.96 in 2024), below 1. Short-term debt is 152.7% and cash 1.1% of total assets. Equity is negative.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Three signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 6 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (3 of the last 3 accounts filed within 30 days either side of that date).
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
Grey: the largest companies of the sector (office administrative support (NACE 82)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as WEngage: office administrative, office support and other business support activities (NACE 82200). They are comparable in size and age: total assets between €2.8m and €13m, founded between 2007 and 2025.
Official details
Source: KBO
Status
Active since 03-11-2022Judicial reorganisation since 25-07-2025, moratorium until 15-01-2026 · normal situation in the KBO register
Solvency fell in 2025 from -6.1% to -86.1% because of the loss.
WEngage International holds all the shares. In 2025, three directors stepped down. In December 2023, the Official Gazette published the appointment of PEROCA as managing director.