WE BELGIUM NV

Active

Public limited companyfounded 1983active for 43 yearsRijnkaai 23, 2000 Antwerpen, Belgium12 active companies are registered at this addressKBO/BCE: BE 0423.996.601

Summary

WE BELGIUM NV has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €3.2m and a net result of €249,079. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 71% of 329 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

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WE BELGIUM NVActiveChecked score 95/100

Risk analysis Report Compare

Activity

Retail sale of clothing and accessories for women, men, children and babies (general range)

NACE 47716

15 sites

Size

€15.1mturnover 2026

Staff: 81.8 FTE
Equity: €3.2m
Profit: €249,079

Financial health

95 Excellent Checked score 2026

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Parent: WE INTERNATIONAL BV

APERGHIS,George Alexander TheodoreDirector
Simcha KNOLDirector
Eric VAN dEN BERGDirector

Auditor: BDO Bedrijfsrevisoren bv2026 accounts 56 days early3 of 28 deeds summarised

Why 95lowers riskFounded in 1983Liquidity: current ratio 2.21, cash €1.1mSize: turnover €15.1m, 81.8 FTE, total assets €5.5mEquity €3.2m (57.7% of total assets)Show the evidence

Checked score

Score 2026

95 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 61% of its sector peers (NACE 47, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2025

Strong

Solvency 83-10

equity 57.7% of total assets

Liquidity 59=

short-term debt 33.1% · cash 19.1%

Profitability 64=

return on assets 4.5%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (383 companies, NACE 47, medium-sized)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value

Credit of up to €300,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.21, compared with 2.81 in 2025, above the usual 1.5; short-term debt: 33.1% and cash: 19.1% of total assets), and 42.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, medium-sized): better than 83% on solvency, 86% on liquidity, 61% on profitability and 16% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskneutral

Founded in 1983

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 2.21, cash €1.1m

NBB · annual accounts

Size: turnover €15.1m, 81.8 FTE, total assets €5.5m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Equity €3.2m (57.7% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 06-07-2026, 56 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2026

56 days early

2025

59 days early

2024

26 days early

2023

63 days early

2022

132 days late

2021

68 days early

2020

43 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 14 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. The company usually files around 6 July (4 of the last 5 filed years within 31 days of that day).

Companies Code · seven months

Where today falls in the filing period

27-10-2026 today31-01-2027 year end31-08-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

06-07-2026 Annual accounts filedfinancial year 2026 · full…
07-05-2026 Resignations: Edwin Jägers (director) and George…Appointments: Eric VAN dEN BERG…
03-07-2025 Annual accounts filedfinancial year 2025 · full…

Key points

Board changedlatest change 01-04-2026 · 3 in office 2 joined · 2 left View
Positive: Among the best 17% on equitysector median €664,980 · 329 companies €3.2m View
Positive: 8 profitable years in a rowprofit 2026: €249,079 8 years View
Controlled by WE INTERNATIONAL BV parent View
Positive: Filed on time since financial year 2023accounts within the deadline every year 4 years View

By topic

Financials

Financial year: 2026
Turnover: €15.1m
Profit: €249,079
Solvency: 57.7%

Turnover▼ 10.5%

Net result

20192026

Go to Financials

Board & ownership

Board: 3 members
Parent: WE INTERNATIONAL BV
Auditor: BDO Bedrijfsrevisoren bv

APERGHIS,George Alexander TheodoreDirector
Simcha KNOLDirector
Eric VAN dEN BERGDirector

Go to Board & ownership

Timeline

Events: 46
Since: 1985
Next accounts: by 31-08-2027

17-02-2025Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)
05-08-2024Annual accounts filed
03-10-2023Resignations: TRUIJEN,Peter Johannes Michiel, APERGHIS,George Alexander Theodore…

Go to Timeline

Company details

Sites: 15

Legal form: Public limited company
Activity: Retail sale of clothing and accessories for women…NACE 47716
Founded: 28-04-1983
Year ends: 31-01
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 9

Purpose: “De aan- en verkoop van vastgoed en het exploiteren daarvan; Het voeren of doen voeren van…” (deed in Dutch)

Go to Articles of association

Key facts about WE BELGIUM NV

What is the company number of WE BELGIUM NV?: 0423.996.601. In Belgium the VAT number is the company number with BE in front: BE 0423.996.601.
Where is WE BELGIUM NV based?: The registered office is at Rijnkaai 23, 2000 Antwerpen.Company details
What does WE BELGIUM NV do?: According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
What is the legal form of WE BELGIUM NV?: Public limited company (NV).
When was WE BELGIUM NV founded?: On 28-04-1983.
Is WE BELGIUM NV still active?: Yes, WE BELGIUM NV is an active enterprise in the KBO register.
How many employees does WE BELGIUM NV have?: On average 81.8 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of WE BELGIUM NV?: €15.1m in financial year 2026, according to the filed annual accounts.
Is WE BELGIUM NV profitable?: In financial year 2026, WE BELGIUM NV made a profit of €249,079.
Where can I find the annual accounts of WE BELGIUM NV?: WE BELGIUM NV filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of WE BELGIUM NV due?: By 31-08-2027, for financial year 2027.Timeline