WE CONSTRUCT
Dissolution or liquidationSummary
The KBO register records for WE CONSTRUCT the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (-€12,989) and a net result of -€34,134.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€12,989
Checked, nothing found (1)
History
Financials · fiscal year 2024, micro schema
Turnover
€303,047▲ 34.5%
2020 · €225,249
EBIT margin
-4.0%▼ 20.4pp
2020 · 16.4%
Net result
-€34,134▼ 153%
2023 · -€13,514
Working capital
€2,669
2023 · -€48,851
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€225,249▲ 122%€303,047▲ 34.5%
Operating result€36,906-€12,080€13,775-€3,181-€29,584▼ 830%
Net result€38,963-€21,567€4,423-€13,514-€34,134▼ 153%
EBIT margin16.4%▲ 33.3pp-4.0%▼ 20.4pp
Equity€51,803▲ 303%€30,236▼ 41.6%€34,659▲ 14.6%€21,145▼ 39.0%-€12,989
Total assets€51,803▲ 303%€210,396▲ 306%€198,884▼ 5.5%€157,032▼ 21.0%€46,923▼ 70.1%
Debt€180,160€164,225▼ 8.8%€135,887▼ 17.3%€59,912▼ 55.9%
Working capital-€84,427-€65,655▲ 22.2%-€48,851▲ 25.6%€2,669
Staff (FTE)1.8
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €29,584 in 2024 against €3,181 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €46,923
Fixed assets
€3,275 ▼ 96.8%
Current assets
€43,648 ▼ 18.2%
Key figures and ratios
EBITDA
-€25,934▼
2023 · €43,257
Cash flow
-€30,485▼
2023 · €32,924
Solvency
-27.7%▼
2023 · 13.5%
Current ratio
1.07▲
2023 · 0.52
Debt to equity
-4.61▼
2023 · 6.43
ROA
-72.7%▼
2023 · -8.6%
Interest coverage
-5.97▼
2023 · 8.14
Debt ≤ 1 year
€40,978▼
2023 · €102,216
Debt > 1 year
€18,934▼
2023 · €33,670
Income taxes
€204▼
2023 · €5,020
Staff costs
€65,621▼
2023 · €70,774
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €225,249 | €303,047 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €205,290 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €84,536 | €63,107 | €70,774 | €65,621 | ▼ 7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €17,452 | €35,013 | €46,438 | €3,649 | ▼ 92.1% |
| Other operating charges640/8 | - | €7,848 | €3,275 | €7,232 | €41,251 | ▲ 470% |
| Gross operating margin9900 | €95,145 | €97,757 | €115,170 | €121,263 | €80,938 | ▼ 33.3% |
| Operating profit (loss)9901 | €36,906 | -€12,080 | €13,775 | -€3,181 | -€29,584 | ▼ 830% |
| Financial income75/76B | - | €1 | €3 | €2 | €0 | ▼ 99.1% |
| Recurring financial income75 | - | €1 | €3 | €2 | €0 | ▼ 99.1% |
| Non-recurring financial income76B | - | €1 | - | - | - | - |
| Financial charges65/66B | - | €1,010 | €1,005 | €5,315 | €4,346 | ▼ 18.2% |
| Recurring financial charges65 | - | €1,010 | €1,005 | €5,315 | €4,346 | ▼ 18.2% |
| Profit (loss) for the period before taxes9903 | €38,963 | -€13,089 | €12,773 | -€8,494 | -€33,930 | ▼ 299% |
| Income taxes67/77 | - | €8,477 | €8,350 | €5,020 | €204 | ▼ 95.9% |
| Profit (loss) for the period9904 | €38,963 | -€21,567 | €4,423 | -€13,514 | -€34,134 | ▼ 153% |
| Profit (loss) for the period to be appropriated9905 | €38,963 | -€21,567 | €4,423 | -€13,514 | -€34,134 | ▼ 153% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €51,803 | €210,396 | €198,884 | €157,032 | €46,923 | ▼ 70.1% |
| Fixed assets21/28 | €352 | €130,833 | €148,721 | €103,667 | €3,275 | ▼ 96.8% |
| Tangible fixed assets22/27 | €352 | €130,833 | €148,721 | €103,667 | €3,275 | ▼ 96.8% |
| Plant, machinery and equipment23 | - | €1,285 | €3,733 | €2,653 | €1,871 | ▼ 29.5% |
| Furniture and vehicles24 | - | €129,548 | €144,988 | €101,014 | €1,404 | ▼ 98.6% |
| Current assets29/58 | €51,451 | €79,563 | €50,163 | €53,365 | €43,648 | ▼ 18.2% |
| Amounts receivable within one year40/41 | €51,451 | €66,120 | €27,428 | €24,508 | €41,817 | ▲ 70.6% |
| Trade receivables40 | - | €14,830 | €27,428 | €20,271 | €41,421 | ▲ 104% |
| Other amounts receivable41 | - | €51,290 | - | €4,237 | €396 | ▼ 90.7% |
| Cash at bank and in hand54/58 | - | €11,263 | €13,882 | €22,038 | - | - |
| Deferred charges and accrued income490/1 | - | €2,180 | €8,852 | €6,819 | €1,831 | ▼ 73.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €51,803 | €210,396 | €198,884 | €157,032 | €46,923 | ▼ 70.1% |
| Equity10/15 | €51,803 | €30,236 | €34,659 | €21,145 | -€12,989 | ▼ 161% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | - | - | €4,000 | €4,000 | €4,000 | = |
| Distributable reserves133 | - | - | €4,000 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | €45,603 | €24,036 | €24,459 | €10,945 | -€23,189 | ▼ 312% |
| Amounts payable17/49 | - | €180,160 | €164,225 | €135,887 | €59,912 | ▼ 55.9% |
| Amounts payable after more than one year17 | - | €16,170 | €48,407 | €33,670 | €18,934 | ▼ 43.8% |
| Financial debts170/4 | - | €16,170 | €48,407 | €33,670 | €18,934 | ▼ 43.8% |
| Amounts payable within one year42/48 | - | €163,990 | €115,817 | €102,216 | €40,978 | ▼ 59.9% |
| Current portion of amounts payable after more than one year42 | - | €4,455 | €14,009 | €14,737 | €15,953 | ▲ 8.3% |
| Financial debts43 | - | - | - | - | €143 | - |
| Credit institutions430/8 | - | - | - | - | €143 | - |
| Trade debts44 | - | €47,131 | €22,095 | €34,754 | €3,969 | ▼ 88.6% |
| Suppliers440/4 | - | €47,131 | €22,095 | €34,754 | €3,969 | ▼ 88.6% |
| Taxes, remuneration and social security45 | - | €20,946 | €29,267 | €34,211 | €4,904 | ▼ 85.7% |
| Taxes450/3 | - | €7,057 | €9,533 | €13,370 | €4,904 | ▼ 63.3% |
| Remuneration and social security454/9 | - | €13,888 | €19,734 | €20,841 | - | - |
| Other amounts payable47/48 | - | €91,458 | €50,447 | €18,515 | €16,010 | ▼ 13.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,963 | -€21,567 | €4,423 | -€13,514 | -€34,134 | ▼ 153% |
| + Depreciation and write-downs630 | - | €17,452 | €35,013 | €46,438 | €3,649 | ▼ 92.1% |
| Operating cash flow (approximation) | €38,963 | -€4,115 | €39,436 | €32,924 | -€30,485 | ▼ 193% |
| Investment in fixed assets (approximation) | - | -€147,933 | -€52,901 | -€1,384 | €96,742 | ▲ 7,091% |
| Change in cash | - | - | €2,619 | €8,155 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 134 days late
2024
31-12
Financial
Weakest financial yearnet -€34,134
Net result drops to -€34,134, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 1.07
Current ratio from 0.52 to 1.07; short-term debt falls from €102,216 to €40,978.
02-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 33 days late
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €4,423
Net result €4,423 after one loss-making year.
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 54 days late
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 142 days late
2020
31-12
Financial
Back to profitnet €38,963
Net result €38,963 after one loss-making year.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 63 days late
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 211 days late
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 87 days late
23-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 207 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 25 acts read
About the unread acts
We know of 25 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
25 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, Brussel
Ground area
9,110 m²
Building footprint
1,444 m²
Volume, LiDAR
37,341 m³
Parcel 21818A0225/00W000, Brussels · tallest building 28.8 m, ±9 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818A0225/00W000 | Brussels | 9,110 m² | 1 · 1,444 m² | 28.8 m · 9 fl. |
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.
Recognitions · licences · registrations
Recognised contractor
8 categoriesWE CONSTRUCT SRL40788
Identification & contact
Identification
Legal formPrivate limited company
Founded28-04-2014
Fiscal year end31-12
Contact
E-mail
info@we-c.be
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.