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We Are Technology

Active
Private limited companyfounded 20224 yrs activeBrusselsesteenweg 6VD4, 9050 Gent, BelgiumKBO/BCE: BE 0784.671.897
Summary

We Are Technology has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130k and a net result of €-14k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 28% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability41▼-39
Solvency56▼-2
Growth52=
Track record94
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.44 in 2024; short-term debt: 49.6% and cash: 36.3% of total assets), and 69.2% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
4 d early
2024
5 d early
2023
29 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€130k▼ 9.7%
2024 · €144k
2023: €105klowest in 3 years 2024: €144k▲ +37.3% vs 2023highest in 3 years 2025: €130k▼ -9.7% vs 2024
2023 → 2025
Total assets
€421k▼ 4.4%
2024 · €441k
2023: €170klowest in 3 years 2024: €441k▲ +160% vs 2023highest in 3 years 2025: €421k▼ -4.4% vs 2024
2023 → 2025
Net result
€-14k
2024 · €39k
2023: €90khighest in 3 years 2024: €39k▼ -56.4% vs 2023 2025: €-14k▼ -136% vs 2024lowest in 3 years
2023 → 2025
Working capital
€61k▼ 23.0%
2024 · €80k
2023: €83khighest in 3 years 2024: €80k▼ -4.4% vs 2023 2025: €61k▼ -23.0% vs 2024lowest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€105k-€144k▲ 37.3%€130k▼ 9.7% 2023: €105klowest in 3 years 2024: €144k▲ +37.3% vs 2023highest in 3 years 2025: €130k▼ -9.7% vs 2024
Operating result€114k-€60k▼ 46.9%€-5k 2023: €114khighest in 3 years 2024: €60k▼ -46.9% vs 2023 2025: €-5k▼ -108% vs 2024lowest in 3 years
Net result€90k-€39k▼ 56.4%€-14k 2023: €90khighest in 3 years 2024: €39k▼ -56.4% vs 2023 2025: €-14k▼ -136% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2023: €114k€114kNet result 2023: €90k€90kOperating result 2024: €60k€60kNet result 2024: €39k€39kOperating result 2025: €-5k€-5kNet result 2025: €-14k€-14k202320242025€-50k€0€50k€100kOperating result 2023: €114k€114kNet result 2023: €90k€90kOperating result 2024: €60k€60kNet result 2024: €39k€39kOperating result 2025: €-5k€-4.8kNet result 2025: €-14k€-14k202320242025
The operating result turns negative in 2025: a loss of €5k after €60k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €421k
Fixed assets €151k ▼ 15.4%
Current assets €270k ▲ 3.1%
Equity and liabilities €421k
Equity €130k ▼ 9.7%
Debt €292k ▼ 1.8%
Debt's share of the balance-sheet total rises from 67.4% to 69.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€27k▼
2024 · €76k
Cash flow
€18k▼
2024 · €55k
Current ratio
1.29▼
2024 · 1.44
Debt to equity
2.25▲
2024 · 2.07
ROE
-10.8%▼
2024 · 27.2%
ROA
-3.3%▼
2024 · 8.9%
Interest coverage
3.15▼
2024 · 16.63
Debt ≤ 1 year
€209k▲
2024 · €183k
Debt > 1 year
€80k▼
2024 · €109k
Income taxes
€879▼
2024 · €17k
Staff costs
€461k▲
2024 · €218k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€441k€421k▼
Fixed assets21/28€178k€151k▼
Intangible fixed assets21€12k€9k▼
Tangible fixed assets22/27€144k€120k▼
Plant, machinery and equipment23€9k€8k▼
Furniture and vehicles24€18k€14k▼
Leasing and similar rights25€62k€49k▼
Other tangible fixed assets26€54k€49k▼
Financial fixed assets28€22k€22k=
Current assets29/58€262k€270k▲
Amounts receivable within one year40/41€118k€86k▼
Trade receivables40€118k€86k▼
Cash at bank and in hand54/58€137k€153k▲
Deferred charges and accrued income490/1€8k€31k▲
Equity and liabilities
Total equity and liabilities10/49€441k€421k▼
Equity10/15€144k€130k▼
Contributions10/11€15k€15k=
Reserves13€129k€115k▼
Distributable reserves133€129k€115k▼
Amounts payable17/49€297k€292k▼
Amounts payable after more than one year17€109k€80k▼
Financial debts170/4€109k€80k▼
Amounts payable within one year42/48€183k€209k▲
Current portion of amounts payable after more than one year42€27k€29k▲
Trade debts44€82k€37k▼
Suppliers440/4€82k€37k▼
Taxes, remuneration and social security45€74k€143k▲
Taxes450/3€51k€47k▼
Remuneration and social security454/9€23k€96k▲
Other amounts payable47/48€40€421▲
Accrued charges and deferred income492/3€5k€2k▼
Income statement Code20242025
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€218k€461k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€32k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-9k€4k▲
Other operating charges640/8€10k€594▼
Non-recurring operating charges66A€18k€2k▼
Gross operating margin9900€312k€494k▲
Operating profit (loss)9901€60k€-5k▼
Financial income75/76B€140€292▲
Recurring financial income75€140€292▲
Financial charges65/66B€5k€9k▲
Recurring financial charges65€5k€9k▲
Profit (loss) for the period before taxes9903€56k€-13k▼
Income taxes67/77€17k€879▼
Profit (loss) for the period9904€39k€-14k▼
Profit (loss) for the period to be appropriated9905€39k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€-14k▼
Transfer from equity791/2-€14k
Transfer to equity691/2€39k-
To other reserves6921€39k-

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

Accounts by statement
Line202320242025Change
Non-recurring operating income76A-€2k--
Remuneration, social security and pensions62€72k€218k€461k▲ 112%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€15k€32k▲ 106%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7k€-9k€4k▲ 140%
Other operating charges640/8-€10k€594▼ 93.8%
Non-recurring operating charges66A-€18k€2k▼ 90.8%
Gross operating margin9900€199k€312k€494k▲ 58.3%
Operating profit (loss)9901€114k€60k€-5k▼ 108%
Financial income75/76B€30€140€292▲ 108%
Recurring financial income75€30€140€292▲ 108%
Financial charges65/66B€144€5k€9k▲ 88.0%
Recurring financial charges65€144€5k€9k▲ 88.0%
Profit (loss) for the period before taxes9903€114k€56k€-13k▼ 123%
Income taxes67/77€24k€17k€879▼ 94.8%
Profit (loss) for the period9904€90k€39k€-14k▼ 136%
Profit (loss) for the period to be appropriated9905€90k€39k€-14k▼ 136%
Line202320242025Change
Assets
Total assets20/58€170k€441k€421k▼ 4.4%
Fixed assets21/28€21k€178k€151k▼ 15.4%
Intangible fixed assets21€11k€12k€9k▼ 31.0%
Tangible fixed assets22/27€7k€144k€120k▼ 16.4%
Plant, machinery and equipment23€5k€9k€8k▼ 8.1%
Furniture and vehicles24€2k€18k€14k▼ 24.0%
Leasing and similar rights25-€62k€49k▼ 20.2%
Other tangible fixed assets26-€54k€49k▼ 10.9%
Financial fixed assets28€4k€22k€22k=
Current assets29/58€149k€262k€270k▲ 3.1%
Amounts receivable within one year40/41€54k€118k€86k▼ 26.8%
Trade receivables40€52k€118k€86k▼ 26.8%
Other amounts receivable41€2k---
Cash at bank and in hand54/58€88k€137k€153k▲ 11.8%
Deferred charges and accrued income490/1€6k€8k€31k▲ 298%
Equity and liabilities
Total equity and liabilities10/49€170k€441k€421k▼ 4.4%
Equity10/15€105k€144k€130k▼ 9.7%
Contributions10/11€15k€15k€15k=
Reserves13€90k€129k€115k▼ 10.9%
Distributable reserves133€90k€129k€115k▼ 10.9%
Amounts payable17/49€65k€297k€292k▼ 1.8%
Amounts payable after more than one year17-€109k€80k▼ 26.3%
Financial debts170/4-€109k€80k▼ 26.3%
Amounts payable within one year42/48€65k€183k€209k▲ 14.5%
Current portion of amounts payable after more than one year42-€27k€29k▲ 5.9%
Trade debts44€28k€82k€37k▼ 55.3%
Suppliers440/4€28k€82k€37k▼ 55.3%
Taxes, remuneration and social security45€37k€74k€143k▲ 94.6%
Taxes450/3€30k€51k€47k▼ 7.8%
Remuneration and social security454/9€8k€23k€96k▲ 326%
Other amounts payable47/48€35€40€421▲ 966%
Accrued charges and deferred income492/3-€5k€2k▼ 59.1%
Line202320242025Change
Profit (loss) for the period9904€90k€39k€-14k▼ 136%
+ Depreciation and write-downs630€6k€15k€32k▲ 106%
Operating cash flow (approximation)€95k€55k€18k▼ 67.3%
Investment in fixed assets (approximation)-€-173k€-4k▲ 97.4%
Change in cash-€48k€16k▼ 66.8%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series.
26-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
3,071 m²
Building footprint
522 m²
Volume, LiDAR
107 m³
Parcel 44032A0520/00A000, Flanders · tallest building 8.1 m. Linked by address, not a title deed.
1 establishment unit
We Are Technology
Brusselsesteenweg 6, 9050 GentComputer programming, consultancy and related activities
since 20222.330.207.739
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44032A0520/00A000 Flanders 3,071 m² 1 · 522 m² 8.1 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 12,673 EUR awarded · 12,673 EUR paid
Year Entries awardedpaid
2025 1 1,775 EUR1,775 EUR
2024 1 1,898 EUR1,898 EUR
2023 1 9,000 EUR9,000 EUR
Schemes
Subsidies voor internationaal ondernemen
1 entry · 9,000 EUR · 9,000 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 3,673 EUR · 3,673 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,432 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded08-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services

Scores and ratios are computed by Checked and are not a credit decision.