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WE#ARE

Active
Private limited companyfounded 2018active for 8 yearsRue les Tiennes(WD) 57, 5100 Namur, BelgiumKBO/BCE: BE 0690.734.921
Summary

WE#ARE has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €20,460 and a net result of €16,991. Equity is shrinking by about 14% per year across the filed financial years. Its solvency ranks better than 30% of 172 sector peers (NACE 73, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2026, micro format

Equity
€20,460▼ 54.7%
2025 · €45,202
Total assets
€69,716▼ 36.6%
2025 · €110,045
Net result
€16,991▼ 17.5%
2025 · €20,590
Working capital
€7,236▼ 77.2%
2025 · €31,732
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

The operating result has fallen two years in a row; 2026 is 16% below 2025 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€23,767 2026 Net result€16,991 2026

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Operating result€68,906-€24,170▼ 64.9%€35,280▲ 46.0%€76,151▲ 116%€37,617▼ 50.6%€42,099▲ 11.9%€28,295▼ 32.8%€23,767▼ 16.0%
Net result€53,266-€16,362▼ 69.3%€24,742within the sector's middle half▲ 51.2%€58,968above the sector's middle half▲ 138%€26,962within the sector's middle half▼ 54.3%€28,801within the sector's middle half▲ 6.8%€20,590within the sector's middle half▼ 28.5%€16,991▼ 17.5%
Equity€71,866-€88,228▲ 22.8%€112,969within the sector's middle half▲ 28.0%€61,564within the sector's middle half▼ 45.5%€61,564within the sector's middle half=€61,564within the sector's middle half=€45,202within the sector's middle half▼ 26.6%€20,460▼ 54.7%
Total assets€83,784-€98,323▲ 17.4%€138,580within the sector's middle half▲ 40.9%€191,138within the sector's middle half▲ 37.9%€103,156within the sector's middle half▼ 46.0%€116,103within the sector's middle half▲ 12.6%€110,045within the sector's middle half▼ 5.2%€69,716▼ 36.6%
Debt€11,919-€10,096▼ 15.3%€25,611▲ 154%€129,575▲ 406%€41,593▼ 67.9%€54,539▲ 31.1%€64,843▲ 18.9%€49,256▼ 24.0%
Working capital€68,978-€87,265▲ 26.5%€112,969above the sector's middle half▲ 29.5%€54,034within the sector's middle half▼ 52.2%€54,472within the sector's middle half▲ 0.8%€44,838within the sector's middle half▼ 17.7%€31,732within the sector's middle half▼ 29.2%€7,236▼ 77.2%
Solvency85.8%-89.7%▲ 4.0pp81.5%above the sector's middle half▼ 8.2pp32.2%within the sector's middle half▼ 49.3pp59.7%within the sector's middle half▲ 27.5pp53.0%within the sector's middle half▼ 6.7pp41.1%within the sector's middle half▼ 11.9pp29.3%▼ 11.7pp
Current ratio6.79-9.64▲ 2.865.41above the sector's middle half▼ 4.231.42within the sector's middle half▼ 3.992.31within the sector's middle half▲ 0.891.82within the sector's middle half▼ 0.491.49within the sector's middle half▼ 0.331.15▼ 0.34
Return on assets (ROA)63.6%-16.6%▼ 46.9pp17.9%within the sector's middle half▲ 1.2pp30.9%above the sector's middle half▲ 13.0pp26.1%above the sector's middle half▼ 4.7pp24.8%within the sector's middle half▼ 1.3pp18.7%within the sector's middle half▼ 6.1pp24.4%▲ 5.7pp
Staff (FTE)11=0.8▼ 20.0%1▲ 25.0%0.3▼ 70.0%
above within below the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €69,716
Fixed assets €13,224 ▼ 1.8%
Current assets €56,493 ▼ 41.5%
Equity and liabilities €69,716
Equity €20,460 ▼ 54.7%
Debt €49,256 ▼ 24.0%
Debt's share of the balance-sheet total rises from 58.9% to 70.7%. Equity and debt are lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
€28,319▼
2025 · €33,286
Cash flow
€21,544▼
2025 · €25,581
Debt to equity
2.41▲
2025 · 1.43
ROE
83.0%▲
2025 · 45.6%
Interest coverage
21.20▲
2025 · 20.95
Debt ≤ 1 year
€49,256▼
2025 · €64,843
Income taxes
€5,631▼
2025 · €6,371
Staff costs
€30,600▼
2025 · €40,218
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.2% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,713 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 47 lines
Balance sheet Code20252026
Assets
Total assets20/58€110,045€69,716▼
Fixed assets21/28€13,470€13,224▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€13,290€13,224▼
Furniture and vehicles24€1,876€2,454▲
Other tangible fixed assets26€11,413€10,770▼
Financial fixed assets28€180-
Current assets29/58€96,575€56,493▼
Amounts receivable within one year40/41€30,013€17,230▼
Trade receivables40€21,552€3,497▼
Other amounts receivable41€8,460€13,733▲
Cash at bank and in hand54/58€65,042€37,571▼
Deferred charges and accrued income490/1€1,521€1,692▲
Equity and liabilities
Total equity and liabilities10/49€110,045€69,716▼
Equity10/15€45,202€20,460▼
Contributions10/11€18,600€18,600=
Reserves13€26,602€1,860▼
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€24,742-
Amounts payable17/49€64,843€49,256▼
Amounts payable within one year42/48€64,843€49,256▼
Trade debts44€20,136€6,463▼
Suppliers440/4€20,136€6,463▼
Taxes, remuneration and social security45€7,754€1,061▼
Taxes450/3€1,997€1,061▼
Remuneration and social security454/9€5,757-
Other amounts payable47/48€36,953€41,733▲
Income statement Code20252026
Non-recurring operating income76A-€2,904
Remuneration, social security and pensions62€40,218€30,600▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,991€4,553▼
Other operating charges640/8-€603
Non-recurring operating charges66A€63€347▲
Gross operating margin9900€73,567€59,869▼
Operating profit (loss)9901€28,295€23,767▼
Financial income75/76B€255€191▼
Recurring financial income75€255€191▼
Financial charges65/66B€1,589€1,336▼
Recurring financial charges65€1,589€1,336▼
Profit (loss) for the period before taxes9903€26,961€22,622▼
Income taxes67/77€6,371€5,631▼
Profit (loss) for the period9904€20,590€16,991▼
Profit (loss) for the period to be appropriated9905€20,590€16,991▼
Appropriation of the result
Profit (loss) to be appropriated9906€20,590€16,991▼
Transfer from equity791/2€16,362€24,742▲
Profit to be distributed694/7€36,953€41,733▲
Return on contributions (dividend)694€36,953€41,733▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023202420252026Change
Non-recurring operating income76A----€859--€2,904-
Remuneration, social security and pensions62---€8,489€29,802€28,153€40,218€30,600▼ 23.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,641€1,925€962€1,012€2,358€4,182€4,991€4,553▼ 8.8%
Other operating charges640/8-------€603-
Non-recurring operating charges66A----€1,068-€63€347▲ 447%
Gross operating margin9900€82,699€26,095€36,243€85,652€70,844€74,434€73,567€59,869▼ 18.6%
Operating profit (loss)9901€68,906€24,170€35,280€76,151€37,617€42,099€28,295€23,767▼ 16.0%
Financial income75/76B---€578€773€455€255€191▼ 25.0%
Recurring financial income75€190€408€723€578€773€455€255€191▼ 25.0%
Financial charges65/66B---€872€862€1,860€1,589€1,336▼ 15.9%
Recurring financial charges65€1,264€919€1,025€832€862€1,842€1,589€1,336▼ 15.9%
Non-recurring financial charges66B---€40-€18---
Profit (loss) for the period before taxes9903€67,807€23,674€34,939€75,858€37,528€40,693€26,961€22,622▼ 16.1%
Income taxes67/77€14,541€7,311€10,197€16,890€10,565€11,892€6,371€5,631▼ 11.6%
Profit (loss) for the period9904€53,266€16,362€24,742€58,968€26,962€28,801€20,590€16,991▼ 17.5%
Profit (loss) for the period to be appropriated9905€53,266€16,362€24,742€58,968€26,962€28,801€20,590€16,991▼ 17.5%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€83,784€98,323€138,580€191,138€103,156€116,103€110,045€69,716▼ 36.6%
Fixed assets21/28€2,887€962-€7,530€7,092€16,726€13,470€13,224▼ 1.8%
Intangible fixed assets21€375€125----€0€0-
Tangible fixed assets22/27€2,512€837-€7,350€6,912€16,546€13,290€13,224▼ 0.5%
Furniture and vehicles24---€1,856€2,612€1,175€1,876€2,454▲ 30.8%
Other tangible fixed assets26---€5,494€4,300€15,370€11,413€10,770▼ 5.6%
Financial fixed assets28---€180€180€180€180--
Current assets29/58€80,897€97,361€138,580€183,609€96,065€99,377€96,575€56,493▼ 41.5%
Amounts receivable within one year40/41€25,094€28,151€34,321€28,918€38,235€20,137€30,013€17,230▼ 42.6%
Trade receivables40---€16,380€18,956€14,114€21,552€3,497▼ 83.8%
Other amounts receivable41---€12,538€19,279€6,023€8,460€13,733▲ 62.3%
Cash at bank and in hand54/58€55,265€68,659€103,578€154,326€56,387€77,698€65,042€37,571▼ 42.2%
Deferred charges and accrued income490/1---€365€1,442€1,542€1,521€1,692▲ 11.2%
Equity and liabilities
Total equity and liabilities10/49€83,784€98,323€138,580€191,138€103,156€116,103€110,045€69,716▼ 36.6%
Equity10/15€71,866€88,228€112,969€61,564€61,564€61,564€45,202€20,460▼ 54.7%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Reserves13€53,266€69,628€94,369€42,964€42,964€42,964€26,602€1,860▼ 93.0%
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133---€41,104€41,104€41,104€24,742--
Amounts payable17/49€11,919€10,096€25,611€129,575€41,593€54,539€64,843€49,256▼ 24.0%
Amounts payable within one year42/48€11,919€10,096€25,611€129,575€41,593€54,539€64,843€49,256▼ 24.0%
Trade debts44€8,907€7,944€22,164€12,821€6,906€18,594€20,136€6,463▼ 67.9%
Suppliers440/4---€12,821€6,906€18,594€20,136€6,463▼ 67.9%
Taxes, remuneration and social security45---€6,380€11,769€7,144€7,754€1,061▼ 86.3%
Taxes450/3---€5,403€8,142€2,828€1,997€1,061▼ 46.9%
Remuneration and social security454/9---€978€3,627€4,317€5,757--
Other amounts payable47/48---€110,374€22,918€28,801€36,953€41,733▲ 12.9%
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€53,266€16,362€24,742€58,968€26,962€28,801€20,590€16,991▼ 17.5%
+ Depreciation and write-downs630€5,641€1,925€962€1,012€2,358€4,182€4,991€4,553▼ 8.8%
Operating cash flow (approximation)€58,907€18,287€25,704€59,979€29,320€32,983€25,581€21,544▼ 15.8%
Investment in fixed assets (approximation)-€0---€1,920-€13,816-€1,735-€4,307▼ 148%
Change in cash-€13,394€34,920€50,748-€97,939€21,311-€12,657-€27,471▼ 117%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (8)
Financial year Type Filed Reference
30-06-2026 micro format 15-10-2026 2026-00562539
30-06-2025 micro format 13-11-2025 2025-00565675
30-06-2024 micro format 31-01-2025 2025-00022102
30-06-2023 micro format 29-01-2024 2024-00010357
30-06-2022 micro format 31-01-2023 2023-00022069
30-06-2021 micro format 31-01-2022 2022-05000441
30-06-2020 micro format 29-01-2021 2021-04300284
30-06-2019 micro format 28-02-2020 2020-06200585

Similar companies · same sector, comparable size

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.