WE-projects
ActiveSummary
WE-projects has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48 and a net result of €34,293, of which €23,372 non-recurring income. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €48
- Profit
- €34,293
- De Spiegeleer EviDirector
- Wouter Van den AvontDirector
- VDA CONSULTINGDirector
Why 87raises riskLiquidity: current ratio 1.14, cash €15,372, halvedEquity €48 (0.0% of total assets)lowers riskSize: total assets €3.7mSector: Real estate activities (NACE 68)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, small): better than 14% on solvency, 27% on liquidity, 27% on profitability and 93% on growth.
The bankruptcy probability was computed on 28-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 6 accounts on average 12 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €34,293
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (20 days) Filed on 20 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00115426.
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
After the dip in 2022 the operating result has climbed three years in a row; 2025 is over 17 times 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,603 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96.1% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 1,603 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €23,372 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,659 | €11,887 | €11,805 | €11,781 | €11,458 | €339 | ▼ 97.0% |
| Other operating charges640/8 | - | - | €3,570 | €4,248 | €4,373 | €7,328 | ▲ 67.6% |
| Gross operating margin9900 | €154,082 | €30,512 | -€83,662 | -€10,609 | €19,543 | €72,307 | ▲ 270% |
| Operating profit (loss)9901 | €126,315 | €13,675 | -€99,037 | -€26,638 | €3,712 | €64,640 | ▲ 17× |
| Financial income75/76B | - | - | - | €5 | €5,274 | €8,585 | ▲ 62.8% |
| Recurring financial income75 | €8,332 | €3,456 | - | €5 | €5,274 | €8,585 | ▲ 62.8% |
| Financial charges65/66B | - | - | €23,523 | €40,428 | €46,865 | €38,235 | ▼ 18.4% |
| Recurring financial charges65 | €49,599 | €24,638 | €23,523 | €40,428 | €46,865 | €38,235 | ▼ 18.4% |
| Profit (loss) for the period before taxes9903 | €85,047 | -€7,507 | -€122,560 | -€67,061 | -€37,879 | €34,990 | - |
| Income taxes67/77 | €24,000 | €392 | €558 | €683 | €253 | €697 | ▲ 176% |
| Profit (loss) for the period9904 | €61,047 | -€7,899 | -€123,118 | -€67,744 | -€38,132 | €34,293 | - |
| Profit (loss) for the period to be appropriated9905 | €61,047 | -€7,899 | -€123,118 | -€67,744 | -€38,132 | €34,293 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €1.4m | €1.6m | €1.6m | €1.6m | €2.0m | €3.7m | ▲ 83.1% |
| Fixed assets21/28 | €0.05m | €0.04m | €0.03m | €0.02m | €0.008m | €2.2m | ▲ 265× |
| Intangible fixed assets21 | €0.001m | €0.001m | €463 | €70 | - | - | - |
| Tangible fixed assets22/27 | €0.05m | €0.04m | €0.03m | €0.02m | €0.007m | €2.2m | ▲ 312× |
| Land and buildings22 | - | - | - | - | - | €2.2m | - |
| Plant, machinery and equipment23 | - | - | €459 | €348 | €237 | €0.001m | ▲ 202% |
| Furniture and vehicles24 | - | - | €0.03m | €0.02m | €0.007m | - | - |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €1.4m | €1.5m | €1.6m | €1.6m | €2.0m | €1.6m | ▼ 22.1% |
| Stocks and contracts in progress3 | €1.0m | €1.2m | €1.1m | €1.5m | €1.7m | €1.5m | ▼ 11.2% |
| Stocks30/36 | - | - | €1.1m | €1.5m | €1.7m | €1.5m | ▼ 11.2% |
| Amounts receivable within one year40/41 | €0.001m | €0.1m | €0.1m | €0.1m | €0.1m | €0.04m | ▼ 74.8% |
| Trade receivables40 | - | - | €0.1m | €0.1m | €0.1m | €0.02m | ▼ 86.6% |
| Other amounts receivable41 | - | - | €0.009m | €0.01m | €0.01m | €0.02m | ▲ 32.4% |
| Cash at bank and in hand54/58 | €0.4m | €0.2m | €0.3m | €0.03m | €0.2m | €0.02m | ▼ 90.7% |
| Deferred charges and accrued income490/1 | - | - | €0.008m | €0.007m | €0.01m | €0.01m | ▼ 10.3% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €1.4m | €1.6m | €1.6m | €1.6m | €2.0m | €3.7m | ▲ 83.1% |
| Equity10/15 | €0.08m | €0.07m | -€0.05m | €0.004m | -€0.03m | €48 | - |
| Contributions10/11 | - | - | €0.02m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Distributable reserves133 | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Profit (loss) carried forward14 | €47 | -€0.008m | -€0.1m | -€0.2m | -€0.2m | -€0.2m | ▲ 14.5% |
| Amounts payable17/49 | €1.3m | €1.5m | €1.7m | €1.6m | €2.1m | €3.7m | ▲ 80.1% |
| Amounts payable after more than one year17 | €0.4m | €0.6m | €0.7m | €1.6m | €1.3m | €2.4m | ▲ 81.9% |
| Financial debts170/4 | - | - | €0.7m | €1.6m | €1.3m | €2.3m | ▲ 81.2% |
| Other amounts payable178/9 | - | - | - | - | - | €0.009m | - |
| Amounts payable within one year42/48 | €1.0m | €0.9m | €1.0m | €0.03m | €0.8m | €1.4m | ▲ 77.7% |
| Current portion of amounts payable after more than one year42 | - | - | €0.01m | €0.01m | €0.02m | €0.03m | ▲ 113% |
| Trade debts44 | €0.2m | €0.002m | €0.01m | €0.005m | €0.2m | €0.005m | ▼ 97.0% |
| Suppliers440/4 | - | - | €0.01m | €0.005m | €0.2m | €0.005m | ▼ 97.0% |
| Advances received on contracts in progress46 | - | - | - | - | - | €0.002m | - |
| Taxes, remuneration and social security45 | - | - | €0.2m | €0.003m | €0.003m | €0.03m | ▲ 12× |
| Taxes450/3 | - | - | €0.2m | €0.003m | €0.003m | €0.03m | ▲ 12× |
| Other amounts payable47/48 | - | - | €0.8m | €0.008m | €0.6m | €1.3m | ▲ 116% |
| Accrued charges and deferred income492/3 | - | - | €0.004m | €0.001m | €0.002m | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.06m | -€0.008m | -€0.1m | -€0.07m | -€0.04m | €0.03m | - |
| + Depreciation and write-downs630 | €0.008m | €0.01m | €0.01m | €0.01m | €0.01m | €339 | ▼ 97.0% |
| Operating cash flow (approximation) | €0.07m | €0.004m | -€0.1m | -€0.06m | -€0.03m | €0.03m | - |
| Investment in fixed assets (approximation) | - | €0 | -€0.001m | €0 | €0 | -€2.1m | - |
| Change in cash | - | -€0.1m | €0.08m | -€0.3m | €0.1m | -€0.2m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | abbreviated format | 20-05-2026 | 2026-00115426 |
| 30-09-2024 | abbreviated format | 16-05-2025 | 2025-00095755 |
| 30-09-2023 | abbreviated format | 18-04-2024 | 2024-00065470 |
| 30-09-2022 | abbreviated format | 21-04-2023 | 2023-00062516 |
| 30-09-2021 | abbreviated format | 31-03-2022 | 2022-09900259 |
| 30-09-2020 | abbreviated format | 02-03-2021 | 2021-06800005 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| De Spiegeleer Evi |
|
| VDA CONSULTING |
|
| Wouter Van den Avont |
|
Owners and capital
Capital and shareholders
- Van den Avont Wouter €98,000 in kind
- De Spiegeleer Evi €98,000 in kind
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 27-09-2023 Converted to unavailable equity · €18,600
Group and network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
04-07
Gazette deed
Resignation: BV VdA Consulting (director)Appointment: Wouter Van den Avont (director) · Director discharge5 facts ▸
- General meeting, 01-06-2024
- Director resignation, BV VdA Consulting (director (not named in the articles))
- Director discharge, BV VdA Consulting
- Board meeting, “bestuursorgaan” (deed in Dutch)
- Director appointment, Wouter Van den Avont (director (not named in the articles))
27-09
Gazette deed
Resignations: VdA Consulting (director) and De Spiegeleer Evi (director)Appointments: De Spiegeleer Evi (director) and VdA Consulting (director) · Amendment of the articles · Capital conversion16 facts ▸
- General meeting, 21-09-2023
- Amendment of the articles, “1. BESLISSING OM DE STATUTEN AAN TE PASSEN” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “opheffing statutair onbeschikbare eigenvermogensrekening, opheffen en beschikbaar maken voor uitkering” (deed in Dutch)
- Other provision, 19-09-2023
- Auditor report, “vertegenwoordiger, ontwerp bijzonder verslag bestuursorgaan van 2023-09-19” (deed in Dutch)
- Capital contribution (2 times)
- Capital contribution, €98,000 (2 times)
- Capital contribution, €25,000
- Amendment of the articles, “5. AANNEMING VAN VOLLEDIG NIEUWE STATUTEN” (deed in Dutch)
- Kind of shares, “op naam, gelijk recht in winstverdeling” (deed in Dutch)
- Director resignation, VdA Consulting (director (not named in the articles))
- +4 further facts in this act
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0715.491.301
Environmental permits
The 10 most recent of 12 applications.
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42001B0376/00E000 | Flanders | 946 m² | 1 · 149 m² | 11.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De uitbating van een onderneming voor projectontwikkeling en alles wat daarmee gepaard gaat zoals onder meer de promotie, de realisatie, de…” (deed in Dutch)
10 activities (deed in Dutch)
- De uitbating van een onderneming voor projectontwikkeling en alles wat daarmee gepaard gaat zoals onder meer de promotie, de realisatie, de verkoop en de commercialisatie van projecten, dit alles in de ruimste zin van het woord
- Het oprichten, promoveren, verbouwen, valoriseren, inrichten, uitrusten, exploiteren en beheren van bebouwde of onbebouwde onroerende goederen; het aankopen, verkopen, inruilen, huren en verhuren van onroerende goederen, coördinator en promotor alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen
- Zij kan alle facetten van koop en verkoop, huur, leasing, verbouwing, restauratie, afbraak verrichten en alle handelingen die noodzakelijk zijn tot het optimaliseren van het onroerend patrimonium in bezit, in huur of in leasing
- Het uitoefenen van het beroep van beroepsoprichter en projectontwikkelaar
- Het verlenen van diensten en adviezen aan personen en bedrijven, in het algemeen met betrekking tot het bedrijfsbeheer, consultancy, managementadvies, marketing en al wat daarmede rechtstreeks of onrechtstreeks verband houdt
- Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer van roerend en onroerend patrimonium, met inbegrip van aanwerven, laten bouwen, opschikken, uitrusten, ombouwen met oog op beheer en opbrengst, vervreemden met oog op wederbelegging en opbrengst, en beleggen van beschikbare middelen in roerende goederen en waarden
- Alle activiteiten van een vastgoedhandelaar of vastgoedmakelaar
- Alle burgerlijke, industriële, commerciële, financiële, roerende en onroerende handelingen in rechtstreeks of onrechtstreeks verband met haar voorwerp die verwezenlijking vergemakkelijken of uitbreiden, en belangen nemen door deelneming, inbreng of elke andere wijze in alle vennootschappen, ondernemingen, samenwerkingsverbanden, beroepsverenigingen of groeperingen, bestaande of op te richten, zowel in België als in het buitenland, met aanvullend of soortgelijk voorwerp of innig samenhangend voorwerp
- Hypotheek stellen op onroerende goederen en pand geven van andere goederen en aval verlenen voor alle leningen, kredietopeningen en andere verbintenissen, voor haarself en zelfs voor alle andere derden op voorwaarde dat zij er zelf belang bij heeft
- Optreden als bestuurder of vereffenaar in andere vennootschappen; borg staan voor derden, zowel vennoten, bestuurders als loutere derden, evenals hun leningen, voorschotten en kredieten toestaan, met respect voor wettelijke beperkingen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuurd door één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)“Geheel van bevoegdheden toegekend met delegatiemogelijkheid voor deel, iedere bestuurder, alleen optredend, mag alle handelingen stellen…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of February at 10:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Na aanzuivering schulden, lasten en kosten of consignatie nodige sommen en bij niet-volgestorte aandelen na herstelling evenwicht door…” (deed in Dutch)