WE-projects
ActiveWE-projects has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48 and a net result of €34k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 8994 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
61
/ 100
Healthy▲ +26 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency14▼-53
Growth32=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.14 against 2.61 in 2024), and 100% 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 risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0%
Return on assets
0.9%
Age of the figures
11 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 8994 sector peers (2025).
NBB · sector comparisonPosition among 8994 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-05-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
20 d late
2024
16 d late
2023
12 d early
2022
9 d early
2021
30 d early
2020
59 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
09-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€48
2024 · €-34k
2020: €80k
2021: €72k
2022: €-51k
2023: €4k
2024: €-34k
2020 → 2025
Total assets
€3.75M▲ 83.1%
2024 · €2.05M
2020: €1.41M
2021: €1.58M
2022: €1.60M
2023: €1.63M
2024: €2.05M
2020 → 2025
Net result
€34k
2024 · €-38k
2020: €61k
2021: €-8k
2022: €-123k
2023: €-68k
2024: €-38k
2020 → 2025
Working capital
€199k▼ 84.1%
2024 · €1.26M
2020: €380k
2021: €589k
2022: €593k
2023: €1.58M
2024: €1.26M
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€72k-€-51k€4k€-34k€48
Operating result€14k-€-99k€-27k▲ 73.1%€4k€65k▲ 1,641%
Net result€-8k-€-123k▼ 1,459%€-68k▲ 45.0%€-38k▲ 43.7%€34k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1,641% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.75M
Fixed assets
€2.16M▲ 26,358%
Current assets
€1.59M▼ 22.1%
Equity and liabilities €3.75M
Equity
€48
Debt
€3.75M
Debt finances 100.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€65k▲
2024 · €15k
Cash flow
€35k▲
2024 · €-27k
Solvency
0.0%▲
2024 · -1.7%
Current ratio
1.14▼
2024 · 2.61
Quick ratio
0.04▼
2024 · 0.41
Debt / equity
77317.89▲
2024 · -60.73
ROE
70795.1%▲
2024 · 111.4%
ROA
0.9%▲
2024 · -1.9%
Interest coverage
1.70▲
2024 · 0.32
Debt
€3.75M▲
2024 · €2.08M
Debt ≤ 1 year
€1.39M▲
2024 · €782k
Debt > 1 year
€2.36M▲
2024 · €1.30M
Income taxes
€697▲
2024 · €253
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€2.05M€3.75M▲
Fixed assets21/28€8k€2.16M▲
Tangible fixed assets22/27€7k€2.16M▲
Land and buildings22-€2.16M
Plant, machinery and equipment23€237€715▲
Furniture and vehicles24€7k-
Financial fixed assets28€1k€1k=
Current assets29/58€2.04M€1.59M▼
Stocks and contracts in progress3€1.72M€1.53M▼
Stocks30/36€1.72M€1.53M▼
Amounts receivable within one year40/41€140k€35k▼
Trade receivables40€126k€17k▼
Other amounts receivable41€14k€18k▲
Cash at bank and in hand54/58€166k€15k▼
Deferred charges and accrued income490/1€11k€10k▼
Equity and liabilities
Total equity and liabilities10/49€2.05M€3.75M▲
Equity10/15€-34k€48▲
Contributions10/11€142k€142k=
Reserves13€61k€61k=
Distributable reserves133€61k€61k=
Profit (loss) carried forward14€-237k€-203k▲
Amounts payable17/49€2.08M€3.75M▲
Amounts payable after more than one year17€1.30M€2.36M▲
Financial debts170/4€1.30M€2.35M▲
Other amounts payable178/9-€9k
Amounts payable within one year42/48€782k€1.39M▲
Current portion of amounts payable after more than one year42€16k€35k▲
Trade debts44€156k€5k▼
Suppliers440/4€156k€5k▼
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€3k€34k▲
Taxes450/3€3k€34k▲
Other amounts payable47/48€607k€1.31M▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Non-recurring operating income76A-€23k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€339▼
Other operating charges640/8€4k€7k▲
Gross operating margin9900€20k€72k▲
Operating profit (loss)9901€4k€65k▲
Financial income75/76B€5k€9k▲
Recurring financial income75€5k€9k▲
Financial charges65/66B€47k€38k▼
Recurring financial charges65€47k€38k▼
Profit (loss) for the period before taxes9903€-38k€35k▲
Income taxes67/77€253€697▲
Profit (loss) for the period9904€-38k€34k▲
Profit (loss) for the period to be appropriated9905€-38k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-237k€-203k▲
Profit (loss) brought forward from the previous period14P€-199k€-237k▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
30-09
Financial
Back to profitnet €34k
Net result €34k after 4 loss-making years.
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 16 days late
2024
18-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Liquidity times 34current ratio 54.87
Current ratio from 1.61 to 54.87; short-term debt falls from €975k to €29k.
21-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €-123k
Net result drops to €-123k, the lowest in the series; recovery starts the following year.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2024
Wouter Van den Avont
CurrentDirector · since 01-06-2024
01-06-2024
Wouter Van den Avont: Appointed as Director
01-06-2024
BV VdA Consulting: Resigned as Director
Location & real-estate footprint
Registered office, Dendermonde · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lindestraat 99200 DendermondeGround area
946 m²
Building footprint
149 m²
Volume, LiDAR
966 m³
Parcel 42001B0376/00E000, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WE-PROJECTS
since 20182.289.305.314
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42001B0376/00E000 | Flanders | 946 m² | 1 · 149 m² | 11.6 m · 2 fl. |
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
IMMOVERN
BE 0478.869.204
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KHAPA
BE 0846.338.559
Awans · Eq €40
Winston Schoeters Projectontwikkeling
BE 0546.848.980
Keerbergen · Eq €59
LBC Woningbouw
BE 0747.660.954
Nazareth-De Pinte · Eq €62
Lime & Lemon
BE 1013.247.053
Izegem · Eq €64
Of 9,640 companies in sector 68121 we hold annual accounts for 7,324. 67 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2018
Fiscal year end30-09
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.