We Are Young
The computed 12-month bankruptcy probability of We Are Young is 4.4% (elevated). The 2024 annual accounts show equity of €6k and a net result of €-53k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 550 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €6k |
| Net result | €-53k |
| Staff (FTE) | 39.9 |
| Better than sector | 25% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.6% | 19.1% | |
| Net result | €-53k | €19k | |
| Equity | €6k | €64k | |
| Gross operating margin | €930k | €293k | |
| Staff costs | €821k | €239k |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €84k |
| Net profit | €-53k |
| Cash flow | €42k |
| Staff costs | €821k |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.09M |
| Equity | €6k |
| Debt | €1.09M |
| of which ≤ 1y | €819k |
| of which > 1y | €252k |
| Working capital | €-560k |
| Employees (FTE) | 39.9 |
| 2024 | |
|---|---|
| Current ratio | 0.32 |
| Quick ratio | 0.20 |
| Working capital ratio | -51.2% |
| Solvency | 0.6% |
| Debt / equity | 172.09 |
| Long-term debt ratio | 39.92 |
| Interest coverage | 2.01 |
| Gross margin | - |
| Net margin | - |
| ROA | -4.9% |
| ROE | -845.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.09M |
| Fixed assets | 21/28 | €835k |
| Intangible fixed assets | 21 | €160k |
| Tangible fixed assets | 22/27 | €644k |
| Financial fixed assets | 28 | €31k |
| Current assets | 29/58 | €259k |
| Stocks & contracts in progress | 3 | €94k |
| Amounts receivable within one year | 40/41 | €15k |
| Cash & bank | 54/58 | €131k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.09M |
| Equity | 10/15 | €6k |
| Contributions / capital | 10/11 | €219k |
| Accumulated profits (losses) | 14 | €-212k |
| Amounts payable | 17/49 | €1.09M |
| Amounts payable after one year | 17 | €252k |
| Amounts payable within one year | 42/48 | €819k |
| Trade debts payable within one year | 44 | €248k |
| Income statement | ||
| Gross operating margin | 9900 | €930k |
| Operating result | 9901 | €-12k |
| Financial income | 75 | €299 |
| Financial charges | 65 | €42k |
| Result before taxes | 9903 | €-53k |
| Net result for the period | 9904 | €-53k |
| Result to be appropriated | 9905 | €-53k |
| NACE primary | Food & beverage service(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 06-03-2017 |
| Status | Active |
| Postal code | 9000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0520/00A000 | Flanders | 3,071 m² | 1 · 522 m² | 8.1 m |
| 44021A2735/00N003 | Flanders | 763 m² | 1 · 763 m² | 12.6 m · 4 fl. |
| 44803C1157/00D000 | Flanders | 88 m² | 1 · 82 m² | 17.4 m · 4 fl. |
| 44815F1170/00B000 | Flanders | 42 m² | 1 · 128 m² | 16.6 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-01-2024 Articles of association amended, translation of the articles and coordination of the articles
Technical details
{
"notary": {
"name": "Jeroen Parmentier",
"firm_city": null,
"firm_name": "NOTAS, geassocieerde notarissen",
"office_city": "Gent",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-16",
"filing_date": "2024-01-12",
"act_kind_objet": "KAPITAAL, AANDELEN, STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN)"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2023-12-18",
"unanimous": null
},
"statute_change": {
"kinds": [
"translation",
"coordination",
"other"
],
"scope": "full_restatement",
"trigger": "wvv_adaptation",
"language_after": null,
"language_before": null
},
"bedrijfsrevisor": {
"firm_kbo": "0449.065.260",
"firm_name": "Baker Tilly Bedrijfsrevisoren BV",
"ibr_number": null,
"individual_name": "Peter Weyers"
},
"subject_company": {
"kbo": "0672.442.503",
"name_full_after": "We Are Young",
"legal_form_after": "Bloten Vennootschap",
"name_full_before": "We Are Young",
"current_zetel_raw": "Dok-Noord 4E bus 1 9000 Gent",
"legal_form_before": "Bloten Vennootschap"
},
"special_mandates": [
{
"holder_kbo": "0810.995.521",
"holder_name": "ANN LIEVYNS ACCOUNTANCY",
"scope_categories": [
"kbo",
"ubo",
"btw",
"publication"
],
"with_substitution": true
}
],
"articles_modified": [
{
"summary": "Artikel 5 van de statuten is gewijzigd om de inbreng in natura te regelen, waarbij 375 aandelen zijn uitgegeven en elk aandeel een gelijk recht geeft in de winstverdeling, vereffeningsaldo en \u00E9\u00E9n stem.",
"new_text": "Artikel 5: Inbrengen\n\u00A71. Als vergoeding voor de inbrengen werden driehonderdvijfenzeventig (375) aandelen\nuitgegeven.\n\u00A72. Ieder aandeel geeft een gelijk recht in de winstverdeling en in het vereffeningsaldo en geeft\nrecht op \u00E9\u00E9n (1) stem.",
"change_kind": "amended",
"article_title": "Inbrengen",
"article_number": "5"
}
],
"governance_change": {
"organ_kind_after": null,
"organ_kind_before": null,
"admin_delegated_added": [
{
"name": "ANN LIEVYNS ACCOUNTANCY",
"excluded_powers": []
}
],
"representation_rule_after": null,
"co_signature_threshold_eur": null,
"representation_rule_before": null
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Jeroen Parmentier",
"org_rep_person_name": null
},
"co_filed_documents": [
"een uitgifte van het proces-verbaal",
"de geco\u00F6rdineerde tekst van de statuten",
"verslag van het bestuursorgaan overeenkomstig artikel 5:133 juncto 5:121 WVV",
"verslag van de bedrijfsrevisor overeenkomstig artikel 5:133 juncto 5:121 WVV"
],
"shareholder_rights": null,
"voorwerp_change_summary": null,
"capital_structure_change": {
"operations": [
"share_class_creation"
],
"split_ratio": null,
"shares_after": 375,
"shares_before": 186,
"capital_after_eur": null,
"capital_before_eur": null,
"share_classes_after": [
{
"count": 375,
"label": "Aandelen",
"rights_summary": "gelijk recht in de winstverdeling en in het vereffeningsaldo",
"voting_per_share": 1.0
}
]
},
"coordinated_text_lineage": null
}31-08-2022 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "statutory_reserve_release",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": "convert_to_distributable"
}
],
"notary": {
"name": "Jeroen Parmentier",
"firm_city": null,
"firm_name": "NOTAS, geassocieerde notarissen",
"office_city": "Gent",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2022-08-31",
"filing_date": "2022-08-29",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2022-08-22",
"unanimous": null,
"under_authorized_capital": true,
"underlying_resolution_date": "2022-08-22"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0672.442.503",
"name_full": "We Are Young",
"legal_form": "BV",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expedition",
"de geco\u00F6rdineerde tekst van de statuten"
],
"shareholders_after": [],
"share_classes_after": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | We Are Young |
| AbbreviationNL | WAY |