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WE IMPROVE

Active
Private limited companyfounded 2025active for 1 yearRue du Biri 1, 7160 Chapelle-lez-Herlaimont, BelgiumKBO/BCE: BE 1024.061.365
Summary

WE IMPROVE has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,825 and a net result of €26,158. Its solvency ranks better than 51% of 11,734 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00450485.

Turnover
≈ €110,000
Estimated: probably between €67,000 and €130,000
Total assets
€50,353
Net result
€26,158
Working capital
€26,703

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

Balance-sheet composition
Assets €50,353
Fixed assets €2,045
Current assets €48,308
Equity and liabilities €50,353
Equity €27,825
Debt €22,527
Debt finances 44.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€34,686
Cash flow
€26,179
Current ratio
2.24
Debt to equity
0.81
ROE
94.0%
ROA
52.0%
Interest coverage
over 100
Debt ≤ 1 year
€21,605
Income taxes
€8,495

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€50,353
Fixed assets21/28€2,045
Tangible fixed assets22/27€2,045
Furniture and vehicles24€2,045
Current assets29/58€48,308
Amounts receivable within one year40/41€22,472
Trade receivables40€22,472
Cash at bank and in hand54/58€25,836
Equity and liabilities
Total equity and liabilities10/49€50,353
Equity10/15€27,825
Contributions10/11€2,500
Profit (loss) carried forward14€25,325
Amounts payable17/49€22,527
Amounts payable within one year42/48€21,605
Taxes, remuneration and social security45€20,142
Taxes450/3€20,142
Other amounts payable47/48€1,463
Accrued charges and deferred income492/3€922
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21
Other operating charges640/8€248
Gross operating margin9900€34,934
Operating profit (loss)9901€34,666
Financial income75/76B€83
Recurring financial income75€83
Financial charges65/66B€95
Recurring financial charges65€95
Profit (loss) for the period before taxes9903€34,653
Income taxes67/77€8,495
Profit (loss) for the period9904€26,158
Profit (loss) for the period to be appropriated9905€26,158
Appropriation of the result
Profit (loss) to be appropriated9906€26,158
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21
Other operating charges640/8€248
Gross operating margin9900€34,934
Operating profit (loss)9901€34,666
Financial income75/76B€83
Recurring financial income75€83
Financial charges65/66B€95
Recurring financial charges65€95
Profit (loss) for the period before taxes9903€34,653
Income taxes67/77€8,495
Profit (loss) for the period9904€26,158
Profit (loss) for the period to be appropriated9905€26,158
Line2025
Assets
Total assets20/58€50,353
Fixed assets21/28€2,045
Tangible fixed assets22/27€2,045
Furniture and vehicles24€2,045
Current assets29/58€48,308
Amounts receivable within one year40/41€22,472
Trade receivables40€22,472
Cash at bank and in hand54/58€25,836
Equity and liabilities
Total equity and liabilities10/49€50,353
Equity10/15€27,825
Contributions10/11€2,500
Profit (loss) carried forward14€25,325
Amounts payable17/49€22,527
Amounts payable within one year42/48€21,605
Taxes, remuneration and social security45€20,142
Taxes450/3€20,142
Other amounts payable47/48€1,463
Accrued charges and deferred income492/3€922
Line2025
Profit (loss) for the period9904€26,158
+ Depreciation and write-downs630€21
Operating cash flow (approximation)€26,179

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 27-08-2026 2026-00450485

Similar companies · same sector, comparable size

Of the 11,533 active companies whose main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121), figures are known for 6,780. 4,567 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.