Financials
- Financial year
- 2024
- Total assets
- €758,401
- Profit
- €32,968
- Solvency
- 7.2%
Total assets▲ 12×
Net result
20232024
WE BUILD COMPANY
ActiveSummary
The computed 12-month bankruptcy probability of WE BUILD COMPANY is 23.9% (high). The 2024 annual accounts show equity of €54,648 and a net result of €32,968. Its solvency ranks better than 12% of 35,972 sector peers (NACE 43, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
General electrical installation work
NACE 43211
Size
≈ €190,000turnover 2024, estimated
- Staff
- ≈ 0 FTE, estimated
- Equity
- €54,648
- Profit
- €32,968
Turnover estimated from the gross margin
Structure
- TIMMERMANS StéphaneDirector
2025 accounts not filed, 91 days past the deadline6 of 7 deeds summarised
Why 12raises risk2 changes of registered office in 24 monthsNo registered site in the KBO1 financial year not filed after the legal deadline; last filed accounts filed 124 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 10-12-2025)Show the evidence
Checked score
Score 2024
12
/ 100
Critical
Probability in this band: over 15.0%
Financially better than 34% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency
32-12
equity 7.2% of total assets
Liquidity
3-18
short-term debt 92.8% · cash 2.6%
Profitability
48-52
return on assets 4.3%
Bankruptcy probability, 12 months
23.9%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 24.2%
12-2024: 16.5%▼ -7.7 percentage points vs 11-2024
01-2025: 16.4%▼ -0.1 percentage points vs 12-2024
02-2025: 16.4%● unchanged vs 01-2025
03-2025: 16.4%● unchanged vs 02-2025
04-2025: 17.8%▲ +1.4 percentage points vs 03-2025
05-2025: 17.9%▲ +0.1 percentage points vs 04-2025
06-2025: 18.2%▲ +0.3 percentage points vs 05-2025
07-2025: 18.2%● unchanged vs 06-2025
08-2025: 12.0%▼ -6.2 percentage points vs 07-2025lowest value
09-2025: 12.3%▲ +0.3 percentage points vs 08-2025
10-2025: 16.5%▲ +4.2 percentage points vs 09-2025
11-2025: 15.8%▼ -0.7 percentage points vs 10-2025
12-2025: 24.7%▲ +8.9 percentage points vs 11-2025highest value
01-2026: 15.7%▼ -9.0 percentage points vs 12-2025
02-2026: 15.7%● unchanged vs 01-2026
03-2026: 15.8%▲ +0.1 percentage points vs 02-2026
04-2026: 17.3%▲ +1.5 percentage points vs 03-2026
05-2026: 18.0%▲ +0.7 percentage points vs 04-2026
06-2026: 18.0%● unchanged vs 05-2026
07-2026: 18.1%▲ +0.1 percentage points vs 06-2026
08-2026: 18.7%▲ +0.6 percentage points vs 07-2026
09-2026: 19.0%▲ +0.3 percentage points vs 08-2026
10-2026: 23.9%▲ +4.9 percentage points vs 09-2026
No credit on open account
Liquidity tight (current ratio 1.08, compared with 1.23 in 2023, below the usual 1.5; short-term debt: 92.8% and cash: 2.6% of total assets), and 92.8% 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 43, micro): better than 12% on solvency, 3% on liquidity, 23% on profitability and 98% on growth.
The bankruptcy probability was computed on 29-10-2026 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
Seven signals.
raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 35972 sector peers (2024).
NBB · sector comparisonPosition among 35972 sector peers
Solvency
better than 12%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 91 days later.
NBB · 2 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline30-10-2026 today
raises risk · 2024 accounts filed 124 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-12-2025, 124 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
124 days late
2023
107 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 116 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Registered officeShareholding · Registered-office move
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
- TIMMERMANS StéphaneDirector
Timeline
- Events
- 8
- Since
- 2023
- 07-11-2024Registered office
- 01-07-2024Resignation: ABARKAN Toufik (director)
- 01-03-2024Resignation: TIMMERMAN Stéphane (director)
Company details
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 08-03-2022
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about WE BUILD COMPANY
- What is the company number of WE BUILD COMPANY?
- 0782.995.084. In Belgium the VAT number is the company number with BE in front: BE 0782.995.084.
- Where is WE BUILD COMPANY based?
- The registered office is at Alsembergsesteenweg 897, 1180 Ukkel.Company details
- What does WE BUILD COMPANY do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of WE BUILD COMPANY?
- Private limited company (BV).
- When was WE BUILD COMPANY founded?
- On 08-03-2022.
- Is WE BUILD COMPANY still active?
- Yes, WE BUILD COMPANY is an active enterprise in the KBO register.
- What is the turnover of WE BUILD COMPANY?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is WE BUILD COMPANY profitable?
- In financial year 2024, WE BUILD COMPANY made a profit of €32,968.
- Where can I find the annual accounts of WE BUILD COMPANY?
- WE BUILD COMPANY filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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