WE RISE
The computed 12-month bankruptcy probability of WE RISE is 3.0% (moderate). The 2024 annual accounts show equity of €38k and a net result of €23k. Its solvency ranks better than 95% of 6697 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €38k |
| Net result | €23k |
| Better than sector | 95% |
| Active | 2 yrs |
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 99.0% | 20.4% | |
| Net result | €23k | €4k | |
| Equity | €38k | €16k | |
| Gross operating margin | €23k | €24k | |
| Total assets | €39k | €94k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | €146k |
| EBITDA | - |
| Net profit | €23k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €39k |
| Equity | €38k |
| Debt | €387 |
| of which ≤ 1y | €387 |
| of which > 1y | - |
| Working capital | €38k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 99.78 |
| Quick ratio | 79.36 |
| Working capital ratio | 99.0% |
| Solvency | 99.0% |
| Debt / equity | 0.01 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | 15.5% |
| Net margin | 15.9% |
| ROA | 60.2% |
| ROE | 60.8% |
| EBITDA margin | - |
| Days sales outstanding | 46d |
| Days payable outstanding | 1d |
| Inventory turnover | 15.60 |
| Days inventory (DSI) | 23d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €39k |
| Current assets | 29/58 | €39k |
| Stocks & contracts in progress | 3 | €8k |
| Amounts receivable within one year | 40/41 | €18k |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €39k |
| Equity | 10/15 | €38k |
| Contributions / capital | 10/11 | €15k |
| Accumulated profits (losses) | 14 | €23k |
| Amounts payable | 17/49 | €387 |
| Amounts payable within one year | 42/48 | €387 |
| Trade debts payable within one year | 44 | €387 |
| Income statement | ||
| Turnover | 70 | €146k |
| Gross operating margin | 9900 | €23k |
| Operating result | 9901 | €23k |
| Financial charges | 65 | €78 |
| Result before taxes | 9903 | €23k |
| Net result for the period | 9904 | €23k |
| Result to be appropriated | 9905 | €23k |
-
Umar FarooqManaging directorState Gazette act 24101524 (05-07-2024)Current10-06-2024 → present
| NACE primary | Non-specialised food retail(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 17-04-2024 |
| Status | Active |
| Postal code | 7860 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55372D0035/00W018 | Wallonia | 287 m² | 1 · 72 m² | 13.0 m · 3 fl. |
| 55023B0575/00L000 | Wallonia | 159 m² | 1 · 62 m² | 13.5 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
05-07-2024 Umar Farooq appointed as managing director
- Umar Farooq, Gedelegeerd bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | WE RISE |