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We Count

Active
Private limited companyfounded 200124 yrs activeGroenbek 16, 8790 Waregem, BelgiumKBO/BCE: BE 0475.831.520

We Count has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €495k and a net result of €40k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 46% of 3244 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
79 / 100
Excellent▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-14
Solvency79▲+4
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.7 in 2024), but 59.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
40.3%
Return on assets
3.2%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €495k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 d early
2024
49 d early
2023
51 d early
2022
55 d early
2021
52 d early
2020
54 d early
2019
45 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
11-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€495k▲ 8.7%
2024 · €455k
2018: €589k 2019: €617k 2020: €930k 2021: €924k 2022: €784k 2023: €406k 2024: €455k
2018 → 2025
Total assets
€1.23M▲ 0.3%
2024 · €1.22M
2018: €875k 2019: €1.07M 2020: €1.49M 2021: €1.41M 2022: €1.29M 2023: €1.29M 2024: €1.22M
2018 → 2025
Net result
€40k▼ 19.1%
2024 · €49k
2018: €83k 2019: €28k 2020: €313k 2021: €-6k 2022: €9k 2023: €22k 2024: €49k
2018 → 2025
Working capital
€174k▲ 17.2%
2024 · €148k
2018: €150k 2019: €383k 2020: €273k 2021: €258k 2022: €146k 2023: €115k 2024: €148k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€924k-€784k▼ 15.1%€406k▼ 48.2%€455k▲ 12.1%€495k▲ 8.7%
Operating result€19k-€38k▲ 93.4%€53k▲ 42.1%€97k▲ 80.7%€84k▼ 12.7%
Net result€-6k-€9k€22k▲ 127%€49k▲ 129%€40k▼ 19.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €19k€19kNet result 2021: €-6k€-6kOperating result 2022: €38k€38kNet result 2022: €9k€9kOperating result 2023: €53k€53kNet result 2023: €22k€22kOperating result 2024: €97k€97kNet result 2024: €49k€49kOperating result 2025: €84k€84kNet result 2025: €40k€40k20212022202320242025
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.23M
Fixed assets €798k▼ 7.5%
Current assets €429k▲ 19.1%
Equity and liabilities €1.23M
Equity €495k▲ 8.7%
Provisions €75k▼ 6.9%
Debt €657k▼ 4.4%
The debt ratio falls from 56.2% to 53.5%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€167k
2024 · €178k
Cash flow
€122k
2024 · €130k
Solvency
40.3%
2024 · 37.2%
Current ratio
1.68
2024 · 1.70
Quick ratio
1.68
2024 · 1.70
Debt / equity
1.33
2024 · 1.51
ROE
8.0%
2024 · 10.8%
ROA
3.2%
2024 · 4.0%
Interest coverage
9.89
2024 · 10.25
Debt
€657k
2024 · €687k
Debt ≤ 1 year
€256k
2024 · €212k
Debt > 1 year
€391k
2024 · €472k
Income taxes
€33k
2024 · €36k
Staff costs
€435k
2024 · €338k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.22M€1.23M
Fixed assets21/28€863k€798k
Intangible fixed assets21€104k€78k
Tangible fixed assets22/27€759k€720k
Land and buildings22€741k€700k
Furniture and vehicles24€18k€20k
Current assets29/58€360k€429k
Amounts receivable within one year40/41€174k€231k
Trade receivables40€174k€231k
Cash at bank and in hand54/58€176k€182k
Deferred charges and accrued income490/1€10k€17k
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.23M
Equity10/15€455k€495k
Contributions10/11€19k€19k=
Reserves13€437k€476k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Other1319€182€182=
Tax-exempt reserves132€258k€241k
Distributable reserves133€177k€233k
Provisions and deferred taxes16€81k€75k
Deferred taxes168€81k€75k
Amounts payable17/49€687k€657k
Amounts payable after more than one year17€472k€391k
Financial debts170/4€472k€391k
Amounts payable within one year42/48€212k€256k
Current portion of amounts payable after more than one year42€79k€81k
Trade debts44€62k€73k
Suppliers440/4€62k€73k
Taxes, remuneration and social security45€71k€101k
Taxes450/3€36k€56k
Remuneration and social security454/9€35k€45k
Accrued charges and deferred income492/3€2k€10k
Income statement Code20242025
Non-recurring operating income76A€413-
Remuneration, social security and pensions62€338k€435k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81k€82k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€11k€-2k
Other operating charges640/8€5k€7k
Gross operating margin9900€531k€607k
Operating profit (loss)9901€97k€84k
Financial income75/76B€298€176
Recurring financial income75€298€176
Financial charges65/66B€17k€17k
Recurring financial charges65€17k€17k
Profit (loss) for the period before taxes9903€80k€68k
Transfer from deferred taxes780€6k€6k=
Income taxes67/77€36k€33k
Profit (loss) for the period9904€49k€40k
Transfer from tax-exempt reserves789€17k€17k=
Profit (loss) for the period to be appropriated9905€66k€56k
Appropriation of the result
Profit (loss) to be appropriated9906€66k€56k
Transfer to equity691/2€66k€56k
To other reserves6921€66k€56k
Social balance
Average headcount (FTE)90875.86.3

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
State Gazette act Incorporation · Founder
Founding capital · Share issue
15-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
12-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €9k
Net result €9k after one loss-making year.
09-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Weakest financial yearnet €-6k ▼102%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
07-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €313k ▲1014%
Operating result €420k, net result €313k, both a record.
16-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Waregem · 1 establishment unit since 2001
exact location from the address register On OpenStreetMap
Ground area
456 m²
Building footprint
270 m²
Volume, LiDAR
132 m³
Parcel 34453E0205/00R007, Flanders · tallest building 3.5 m. Linked by address, not a title deed.
1 establishment unit
We Count
Groenbek 16, 8790 WaregemNACE 74122
since 20012.182.280.264
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34453E0205/00R007 Flanders 456 m² 1 · 270 m² 3.5 m
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 12,122 companies in sector 69201 we hold annual accounts for 7,599. 5,480 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded15-10-2001
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
74121
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.