WE RENEW
ActiveSummary
The computed 12-month bankruptcy probability of WE RENEW is 4.5% (elevated). The 2024 annual accounts show equity of €12,614 and a net result of €2,645. Its solvency ranks better than 48% of 26043 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 96 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.5% 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 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 39,278 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 | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €471 | €2,238 | ▲ 376% |
| Other operating charges640/8 | - | €515 | - |
| Gross operating margin9900 | -€12,352 | €7,633 | ▲ 162% |
| Operating profit (loss)9901 | -€12,822 | €4,879 | ▲ 138% |
| Financial income75/76B | €4 | - | - |
| Recurring financial income75 | €4 | - | - |
| Financial charges65/66B | €1,213 | €2,235 | ▲ 84.2% |
| Recurring financial charges65 | €1,213 | €2,235 | ▲ 84.2% |
| Profit (loss) for the period before taxes9903 | -€14,031 | €2,645 | ▲ 119% |
| Profit (loss) for the period9904 | -€14,031 | €2,645 | ▲ 119% |
| Profit (loss) for the period to be appropriated9905 | -€14,031 | €2,645 | ▲ 119% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €48,898 | €41,554 | ▼ 15.0% |
| Fixed assets21/28 | €10,720 | €8,482 | ▼ 20.9% |
| Intangible fixed assets21 | €8,211 | €6,541 | ▼ 20.3% |
| Tangible fixed assets22/27 | €2,509 | €1,941 | ▼ 22.6% |
| Other tangible fixed assets26 | €2,509 | €1,941 | ▼ 22.6% |
| Current assets29/58 | €38,179 | €33,073 | ▼ 13.4% |
| Stocks and contracts in progress3 | €32,426 | €26,409 | ▼ 18.6% |
| Stocks30/36 | €32,426 | €26,409 | ▼ 18.6% |
| Amounts receivable within one year40/41 | €4,339 | €6,471 | ▲ 49.1% |
| Trade receivables40 | €516 | €6,108 | ▲ 1,084% |
| Other amounts receivable41 | €3,823 | €362 | ▼ 90.5% |
| Cash at bank and in hand54/58 | €1,414 | €193 | ▼ 86.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €48,898 | €41,554 | ▼ 15.0% |
| Equity10/15 | €9,969 | €12,614 | ▲ 26.5% |
| Contributions10/11 | €24,000 | €24,000 | = |
| Profit (loss) carried forward14 | -€14,031 | -€11,386 | ▲ 18.8% |
| Amounts payable17/49 | €38,929 | €28,940 | ▼ 25.7% |
| Amounts payable after more than one year17 | €17,639 | €5,312 | ▼ 69.9% |
| Financial debts170/4 | €17,639 | €5,312 | ▼ 69.9% |
| Amounts payable within one year42/48 | €21,290 | €23,628 | ▲ 11.0% |
| Current portion of amounts payable after more than one year42 | €11,756 | €12,328 | ▲ 4.9% |
| Trade debts44 | €4,863 | €600 | ▼ 87.7% |
| Suppliers440/4 | €4,863 | €600 | ▼ 87.7% |
| Advances received on contracts in progress46 | - | €6,702 | - |
| Other amounts payable47/48 | €4,671 | €3,999 | ▼ 14.4% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€14,031 | €2,645 | ▲ 119% |
| + Depreciation and write-downs630 | €471 | €2,238 | ▲ 376% |
| Operating cash flow (approximation) | -€13,560 | €4,883 | ▲ 136% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€1,221 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21802B1220/00B000 | Brussels | 560 m² | 1 · 35 m² | 14.4 m · 4 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.