Debts
€161,015 ▲ 129%
Debts rose by €90,841 in 2026.
WE-CONSTRUCT GROUP
Lifetime
2 annual accounts with figures on one time axispeak €138,413 (2026)
€138,413▲ 114%
peak €51,107 (2026)
€51,107▲ 187%
peak €63,926 (2026)
€63,926▲ 180%
€161,015▲ 129%
Board1 name since 2024
1 directorGOUDESEUNE Jorim
Documentsfilings and deeds
04-11-20264 days late
2026micro format
Gross margin from €64,735 to €138,413Result from €17,819 to €51,107Equity from €22,819 to €63,926Debts from €70,174 to €161,015
Key points
from the 2026 annual accountsLiquidity
1.07 was 0.54 in 2025
Short-term debts rose from €70,174 to €161,015.
Position in the sector
€51,107
Higher net result than 87% of companies in construction of buildings. Sector median €13,148 · 351 companies.
2026 accounts filed 4 days after the deadline
Checked score
52
Fair
Financially stronger than 57% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2025: 3.6%
07-2025: 3.7%▲ +0.1 percentage points vs 06-2025
08-2025: 3.8%▲ +0.1 percentage points vs 07-2025
09-2025: 4.2%▲ +0.4 percentage points vs 08-2025
10-2025: 4.2%● unchanged vs 09-2025highest value
11-2025: 2.0%▼ -2.2 percentage points vs 10-2025lowest value
12-2025: 2.1%▲ +0.1 percentage points vs 11-2025
01-2026: 2.1%● unchanged vs 12-2025
02-2026: 2.1%● unchanged vs 01-2026
03-2026: 2.1%● unchanged vs 02-2026
04-2026: 2.0%▼ -0.1 percentage points vs 03-2026
05-2026: 2.1%▲ +0.1 percentage points vs 04-2026
06-2026: 2.1%● unchanged vs 05-2026
07-2026: 2.2%▲ +0.1 percentage points vs 06-2026
08-2026: 2.2%● unchanged vs 07-2026
09-2026: 2.2%● unchanged vs 08-2026
10-2026: 2.5%▲ +0.3 percentage points vs 09-2026
11-2026: 3.0%▲ +0.5 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2024
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €224,941
lowers risk
Figures for financial year 2026 (filed on 04-11-2026)
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 35% of them on solvency, 20% on liquidity, 81% on profitability and 94% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as WE-CONSTRUCT GROUP has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of WE-CONSTRUCT GROUP itself: 3.0% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for WE-CONSTRUCT GROUP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.07 (0.54 in 2025), below the usual 1.5. Short-term debt is 71.6% and cash 10.7% of total assets. 71.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 351 sector peers (2026).
NBB · sector comparisonPosition among 351 sector peers
Solvency
better than 23%
← weakest
strongest →
raises risk · 2026 accounts filed 4 days late
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 04-11-2026, 4 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2026
4 days late
2025
on the day
← before the deadline
after the deadline →
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-03-2027 year end31-10-2027 deadline
Board and ownership
- GOUDESEUNE Jorim 50 sharesdeed of 15-05-2024
- SIMOENS Céline 50 sharesdeed of 15-05-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1009304202
Incorporation
Founding capital of €5,000, 100 shares · Founders: GOUDESEUNE Jorim and SIMOENS Céline · Appointment: GOUDESEUNE Jorim (director) · published on 15-05-2024 · Gazette deed
First establishment
Sint-Rochuslaan 36, Kortrijk
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WE-CONSTRUCT GROUP Kortrijk | €224,941 | €138,413 | 28.4% | - |
| RoelVC Kortrijk | €232,909 | €158,418 | 47.4% | - |
| BOUWWERKEN DECEUNINCK PHILIPPE Roeselare | €245,341 | €155,490 | 71.7% | - |
| PUKA-AL Ostend | €191,712 | €121,261 | 40.6% | - |
| Deceuninck bouw- en grondwerken Roeselare | €239,064 | €171,071 | 71.8% | - |
| BOUW & RENOVATIE VANSIELEGHEM Torhout | €180,107 | €153,065 | 54.3% | - |
| ARTETEK Aarschot | €221,961 | €148,362 | 59.6% | - |
These companies have the same main activity as WE-CONSTRUCT GROUP: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €180,000 and €245,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 13-05-2024Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.359.638.1338500 Kortrijk, since 13-05-2024
- Financial year end
- 31 March
- Peppol
- Reachable since 02-09-2025
Annual accounts to 31-03-2026
- ≈ €450,000estimated
- €224,941▲ 142%
- ≈ 1.2 FTEestimated
- Filing
- Filed on 04-11-2026
Insights on WE-CONSTRUCT GROUP
The computed 12-month bankruptcy probability of WE-CONSTRUCT GROUP is 3.0% (moderate). The 2026 annual accounts show equity of €63,926 and a net result of €51,107.
Its solvency ranks better than 23% of 351 sector peers (NACE 41, financial year 2026). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WE-CONSTRUCT GROUP
- What is the company number of WE-CONSTRUCT GROUP?
- The company number of WE-CONSTRUCT GROUP is 1009.304.202. The VAT number is the same number with BE in front: BE 1009.304.202.
- Where is WE-CONSTRUCT GROUP based?
- The registered office is at Sint-Rochuslaan 36, 8500 Kortrijk.Company details
- What does WE-CONSTRUCT GROUP do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of WE-CONSTRUCT GROUP?
- WE-CONSTRUCT GROUP is a private limited company (BV).
- When was WE-CONSTRUCT GROUP founded?
- WE-CONSTRUCT GROUP was founded on 13-05-2024.
- Is WE-CONSTRUCT GROUP still active?
- Yes, WE-CONSTRUCT GROUP is an active enterprise in the KBO register.
- What is the turnover of WE-CONSTRUCT GROUP?
- The turnover in financial year 2026 is ≈ €450,000. This figure is estimated from the gross margin of €138,413 and 97 comparable companies (NACE 41001). It probably lies between €320,000 and €700,000.Financials
- Is WE-CONSTRUCT GROUP profitable?
- In financial year 2026, WE-CONSTRUCT GROUP made a profit of €51,107.
- Where can I find the annual accounts of WE-CONSTRUCT GROUP?
- WE-CONSTRUCT GROUP filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of WE-CONSTRUCT GROUP due?
- WE-CONSTRUCT GROUP must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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