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WE-CONSTRUCT GROUP

Active
Private limited companyfounded 2024active for 2 yearsSint-Rochuslaan 36, 8500 Kortrijk, BelgiumKBO/BCE: BE 1009.304.202
Summary

The computed 12-month bankruptcy probability of WE-CONSTRUCT GROUP is 3.1% (moderate). The 2025 annual accounts show equity of €22,819 and a net result of €17,819. Its solvency ranks better than 23% of 326 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.

Overview

Overview

Official details

Source: KBO
Status
Active since 13-05-2024 Normal situation
Activity
General construction of residential buildings NACE 41001
Establishment unit
2.359.638.133 8500 Kortrijk, since 13-05-2024
Financial year end
31 March
Peppol
Reachable since 02-09-2025

Board and ownership

Board
Shareholders
  • GOUDESEUNE Jorimdeed of 15-05-2024
  • SIMOENS Célinedeed of 15-05-2024

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.1%
Annual accounts to 31-03-2025
Gross margin
€64,735
Turnover
≈ €340,000
estimated
Profit
€17,819
Equity
€22,819
Total assets
€92,993
Staff
≈ 0.9 FTE
estimated
  • 2026 accounts filed 4 days after the deadline
Score breakdownraises riskFounded in 2024Sector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €92,993lowers riskLiquidity: current ratio 0.54, cash €22,965Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 45% of micro companies in construction of buildings (NACE 41)
Financial strength
Average
Solvency 50
equity 24.5% of total assets
Liquidity 40
short-term debt 75.5% · cash 24.7%
Profitability 85
return on assets 19.2%
Bankruptcy probability within 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,457 companies, NACE 41, micro)
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: 3.1%▲ +0.6 percentage points vs 10-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.54, below 1. Short-term debt is 75.5% and cash 24.7% of total assets. 75.5% of the assets are financed with debt and provisions.
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 31% of them on solvency, 36% on liquidity and 69% on profitability.

The bankruptcy probability was computed on 04-11-2026 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 31-03-2025.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Liquidity: current ratio 0.54, cash €22,965
NBB · annual accounts
raises risk · Size: total assets €92,993
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 filings
Deviation 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 months
Where today falls in the filing period
05-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, micro format, 2026 accounts filed

2026 annual accounts filed 4 days after the deadline Filed on 4 November 2026, deadline 31 October 2026 (7 months after the close on 31 March 2026, Companies Code art. 3:10). Source: NBB, 2026-00601731.

Annual accounts 2026 filed on 04-11-2026 at the NBB all 2 filings

The figures for financial year 2026 will follow.

Turnover
≈ €340,000
Estimated: probably between €240,000 and €580,000
Total assets
€92,993
Net result
€17,819
Working capital
-€32,380

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €92,993
Fixed assets €55,198
Current assets €37,794
Equity and liabilities €92,993
Equity €22,819
Debt €70,174
Debt's share of the balance-sheet total is 75.5%.
Key figures and ratios
2025 value
EBITDA
€28,041
Cash flow
€23,352
Current ratio
0.54
Debt to equity
3.08
ROE
78.1%
ROA
19.2%
Debt ≤ 1 year
€70,174
Income taxes
€4,704
Staff costs
€35,708

Investments

fixed assets acquired
Item31-03-2025
Tangible fixed assets€60,732
Depreciation and write-downs of the year€5,534

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€92,993
Fixed assets21/28€55,198
Tangible fixed assets22/27€55,198
Land and buildings22€38,865
Plant, machinery and equipment23€16,333
Current assets29/58€37,794
Amounts receivable within one year40/41€14,829
Trade receivables40€12,023
Other amounts receivable41€2,806
Cash at bank and in hand54/58€22,965
Equity and liabilities
Total equity and liabilities10/49€92,993
Equity10/15€22,819
Contributions10/11€5,000
Reserves13€17,819
Distributable reserves133€17,819
Amounts payable17/49€70,174
Amounts payable within one year42/48€70,174
Trade debts44€12,860
Suppliers440/4€12,860
Taxes, remuneration and social security45€8,520
Taxes450/3€6,165
Remuneration and social security454/9€2,355
Other amounts payable47/48€48,794
Income statement Code2025
Remuneration, social security and pensions62€35,708
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,534
Other operating charges640/8€986
Gross operating margin9900€64,735
Operating profit (loss)9901€22,508
Financial income75/76B€15
Recurring financial income75€15
Profit (loss) for the period before taxes9903€22,523
Income taxes67/77€4,704
Profit (loss) for the period9904€17,819
Profit (loss) for the period to be appropriated9905€17,819
Appropriation of the result
Profit (loss) to be appropriated9906€17,819
Transfer to equity691/2€17,819
To other reserves6921€17,819

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-10-2025.

Line2025
Remuneration, social security and pensions62€35,708
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,534
Other operating charges640/8€986
Gross operating margin9900€64,735
Operating profit (loss)9901€22,508
Financial income75/76B€15
Recurring financial income75€15
Profit (loss) for the period before taxes9903€22,523
Income taxes67/77€4,704
Profit (loss) for the period9904€17,819
Profit (loss) for the period to be appropriated9905€17,819
Line2025
Assets
Total assets20/58€92,993
Fixed assets21/28€55,198
Tangible fixed assets22/27€55,198
Land and buildings22€38,865
Plant, machinery and equipment23€16,333
Current assets29/58€37,794
Amounts receivable within one year40/41€14,829
Trade receivables40€12,023
Other amounts receivable41€2,806
Cash at bank and in hand54/58€22,965
Equity and liabilities
Total equity and liabilities10/49€92,993
Equity10/15€22,819
Contributions10/11€5,000
Reserves13€17,819
Distributable reserves133€17,819
Amounts payable17/49€70,174
Amounts payable within one year42/48€70,174
Trade debts44€12,860
Suppliers440/4€12,860
Taxes, remuneration and social security45€8,520
Taxes450/3€6,165
Remuneration and social security454/9€2,355
Other amounts payable47/48€48,794
Line2025
Profit (loss) for the period9904€17,819
+ Depreciation and write-downs630€5,534
Operating cash flow (approximation)€23,352

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 7,976 companies had the same profile as WE-CONSTRUCT GROUP has now. Two years later, 94.4% were still going and 3.6% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
94.4% was still going
1.8% stopped otherwise
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: 3.1% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-03-2026 micro format 04-11-2026 2026-00601731 PDF
31-03-2025 micro format 31-10-2025 2025-00558377 PDF

Board & ownership

Directors

Directors
1 director, since incorporation
GOUDESEUNE Jorim
Director (not named in the articles) · appointed by deed of 15-05-2024 · term without a fixed end
Current

Owners and capital

Shareholders

At incorporation deed of 15-05-2024 ↗
  • GOUDESEUNE Jorim 50 shares (50%) · €2,500
  • SIMOENS Céline 50 shares (50%) · €2,500

Capital transactions

Capital over time
  1. 15-05-2024 Incorporation · €5,000 · 100 shares

Articles of association

Board and representation

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Deel bevoegdheid bij bijzondere volmacht aan derde aangestelde, gezamenlijk indien meerdere bestuurders”

Audit, dissolution and liquidation

Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Bij ontbinding om welke reden en op welk ogenblik ook, één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen”

Articles of association, deed of 15-05-2024 (in Dutch)

Network & group

WE-CONSTRUCT GROUP shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of WE-CONSTRUCT GROUP. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Deeds, filings and financial milestones

Deadline for the 2027 accounts: 31-10-2027
2026
04-11
NBB filing Annual accounts 2026 filedNBB
micro format · 4 days late
2025
31-10
NBB filing Annual accounts 2025 filedNBB
micro format · on the deadline day
2024
15-05
Gazette deed Incorporation
Founding capital of €5,000, 100 shares · Founders: GOUDESEUNE Jorim and SIMOENS Céline · Appointment: GOUDESEUNE Jorim (director)6 points ▸
  • Founder, GOUDESEUNE Jorim
  • Founder, SIMOENS Céline
  • Founding capital, €5,000, 100 shares
  • Registered office clause, Sint-Rochuslaan 36, 8500 Kortrijk
  • Board rule, 1
  • Director appointment, GOUDESEUNE Jorim (director (not named in the articles))
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

WE-CONSTRUCT GROUP was incorporated on 13 May 2024 as a private limited company by two natural persons, with a starting capital of €5,000.12 GOUDESEUNE Jorim is director of the company, appointed by deed of 15-05-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2026.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 15-05-2024
  3. 3National Bank, annual accounts 2026

Company details

Register details

Identity

KBO record
Name WE-CONSTRUCT GROUP in Dutch
Enterprise number 1009.304.202
Legal form Private limited company
Status Active, normal situation
Founded 13-05-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 15-05-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 15-05-2024 (in Dutch)

Registered office and establishments

Registered office Sint-Rochuslaan 36, 8500 Kortrijk, Belgium
Establishment unit WE-CONSTRUCT GROUP, Sint-Rochuslaan 36, 8500 Kortrijk since 13-05-2024 · unit number 2.359.638.133

Activities

NACEBEL 2025
VAT activities
41001 General construction of residential buildings main activity
Social security (RSZ) activities
41001 General construction of residential buildings main activity
Codes under NACEBEL 2008
VAT activities
41201 General construction of buildings main activity
Social security (RSZ) activities
41201 General construction of buildings main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle hoegenaamde gebouwen of bouwwerken bouwen,afwerken,veranderen,omvormen,herstellen,versieren,opschikken,afbreken; Alle aannemingen van…”
39 activities
  1. Alle hoegenaamde gebouwen of bouwwerken bouwen,afwerken,veranderen,omvormen,herstellen,versieren,opschikken,afbreken;
  2. Alle aannemingen van werken,zowel privaat als openbaar De aankoop,verkoop,ruiling,huur,verhuring van al of niet gemeubelde onroerende goederen in het algemeen;
  3. De coördinatie van de leiding van allerhande bouwwerken evenals het opvatten,maken en uitwerken van alle studies,ontwerpen en plannen;
  4. De installatie van bewakingssystemen en alarminstallaties tegen diefstal;
  5. De installatie van stores en zonneschermen;
  6. Het aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sportvelden;
  7. De montage van serres,veranda’s,enz. in hout of kuststof;
  8. Het aanbrengen in gebouwen en andere bouwwerken van vloer-of wandtegels van keramische stoffen,beton of gehouwen steen,vloerbedekking en wandbekleding van marmer,graniet,lei,enz.;
  9. Het restaureren van bouwwerken;
  10. Overige gespecialiseerde bouwwerkzaamheden;
  11. De instandhouding van historische plaatsen en gebouwen (monumentenzorg);
  12. Het optrekken en afbreken van steigers en werkplatforms;
  13. De algemene bouw van residentiële en niet-residentiële gebouwen
  14. Het optrekken van de ruwbouw van individuele huizen,appartemensgebouwen,enz. al dan niet volgens de formule “sleutel op de deur”;
  15. Het optrekken van de ruwbouw van gebouwen voor industrieel of commercieel gebruik,van stel- en stapelplaatsen,scholen,ziekenhuizen,van gebouwen voor de beoefening van erediensten,cultuur,enz.;
  16. De elektrotechnische installatiewerken aan gebouwen;
  17. De installatie van elektrische bedrading en toebehoren;
  18. Loodgieterswerk;
  19. De installatie van verwarming,klimaatregeling en ventilatie;
  20. Isolatiewerkzaamheden in de ruimste zin van het woord;
  21. Stukadoorswerk;
  22. Dakwerkzaamheden;
  23. Het leveren,plaatsen en renoveren van meubelen en schrijnwerk evenals het vervaardigen,assembleren en verbouwen van meubelen en schrijnwerk alsook het plaatsen van behang en vloerbedekking;
  24. Onderneming voor de installatie van hulpvoedingssystemen;
  25. Handelsbemiddeling in hout en bouwmaterialen,in meubelen,huishoudelijke artikelen en ijzerwaren;
  26. Groothandel in hout en niet-elektrische huishoudelijke artikelen;
  27. Montage van buiten- en binnenschrijnwerk van hout,kunststof of metaal;
  28. De installatie van wanden,plafonds,garagepoorten,hekken,deuren,enz.;
  29. Het plaatsen van vloerbedekking,wandbekleding en behang.
  30. Het verkavelen van gronden,wouden en domeinen,het bebossen of ontbossen,het in pand geven van onroerende goederen van de vennootschap zelfs als waarborg voor leningen of kredietopeningen toegestaan aan derden;
  31. Elk marktonderzoek,promotie,raadgeving,prospectie,marketing,technoconsult,assistentie op het gebied van management,engineering en consulting; technisch,commercieel,administratief,financieel,fiscaal en juridisch beheer en advies;
  32. Organiseren van studie dagen,alle activiteiten voor catering.
  33. Het waarnemen van alle mandaten als bestuurder of vereffenaar in vennootschappen of verenigingen,het uitoefenen van opdrachten en functies in ondernemingen;
  34. Het ontwikkelen,kopen,verkopen,beheer,in waarde stellen,in licentie nemen of geven van brevetten,octrooien,know-how en andere intellectuele rechten;
  35. De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in het kort tussenpersoon in de handel;
  36. Verkoop en aankoop van (exclusieve) wagens en rollend materiaal;
  37. Het aanleggen,het oordeelkundig uitbouwen en beheren van onroerend vermogen: alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aankoop; de verkoop; het ter beschikking stellen; de bouw; verbouwingen; de binnenhuisinrichting en decoratie; de huur en verhuur; de ruil; de verkavelingen en,in het algemeen het productief maken van onroerende goederen en onroerende zakelijke rechten. De vennootschap kan tevens onroerende goederen en/of zakelijke rechten op onroerende goederen verwerven om deze te verhuren of als vorm van bezoldiging ter beschikking te stellen aan de aandeelhouders en/of bestuurders;
  38. Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen: alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop,het beheren van aandelen,aandelenopties,obligaties,kasbons,afgeleide producten of andere roerende waarden,van welke vorm ook,uitgegeven door Belgische of buitenlandse emittenten;
  39. Het verhuren van alle materialen voor bouwsector;
deed of 15-05-2024 (in Dutch)

Invoicing and payment

VAT number BE 1009.304.202
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1009304202
Other Peppol ID 9925:BE1009304202
Registered 02-09-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 5 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1009.304.202

Financial year and general meeting

Accounts at the NBB
Financial year end 31-03
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of September at 19:00
deed of 15-05-2024 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
179 m²
Building footprint
55 m²
Building volume
576 m³
Cadastral parcel Region Area Buildings Height / floors
34354C0039/00T000 Flanders 179 m² 1 · 54 m² 13.8 m · 4