We Smile
We Smile is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €89k and a net result of €60k. Its solvency ranks better than 48% of 483 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €89k |
| Net result | €60k |
| Better than sector | 48% |
| Active | 3 yrs |
Strong profile, led by profitability.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 40.0% | 42.5% | |
| Net result | €60k | €72k | |
| Equity | €89k | €473k | |
| Gross operating margin | €106k | €88k | |
| Employees (FTE) | 0.0 | 0.0 |
| Fiscal year | 2025 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €60k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €17k |
| Dividends | - |
| Total assets | €223k |
| Equity | €89k |
| Debt | €134k |
| of which ≤ 1y | €79k |
| of which > 1y | €16k |
| Working capital | n/a |
| Employees (FTE) | 0.0 |
| 2025 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 40.0% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 27.0% |
| ROE | 67.7% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €223k |
| Fixed assets | 21/28 | €38k |
| Tangible fixed assets | 22/27 | €38k |
| Current assets | 29/58 | €185k |
| Amounts receivable within one year | 40/41 | €94k |
| Cash & bank | 54/58 | €90k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €223k |
| Equity | 10/15 | €89k |
| Contributions / capital | 10/11 | €15k |
| Reserves | 13 | €74k |
| Amounts payable | 17/49 | €134k |
| Amounts payable after one year | 17 | €16k |
| Amounts payable within one year | 42/48 | €79k |
| Trade debts payable within one year | 44 | €27k |
| Income statement | ||
| Gross operating margin | 9900 | €106k |
| Operating result | 9901 | €77k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €573 |
| Result before taxes | 9903 | €77k |
| Income taxes | 67/77 | €17k |
| Net result for the period | 9904 | €60k |
| Result to be appropriated | 9905 | €60k |
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 26-06-2023 |
| Status | Active |
| Postal code | 9991 |
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. |
|---|---|---|---|---|
| 43322P0449/00D000 | Flanders | 2,708 m² | 1 · 169 m² | 10.8 m · 2 fl. |
| 43001H0652/00H000 | Flanders | 515 m² | 1 · 115 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
11-10-2024 Registered office moved within Adegem
- Weide 24, 9991 Adegem → Murkel 28, 9991 Adegem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "combined",
"new_address": {
"raw": "Murkel 28, 9991 Adegem",
"city": "Adegem",
"region": "vlaams_gewest",
"street": "Murkel",
"country": "BE",
"postcode": "9991",
"box_number": null,
"street_number": "28",
"locality_suffix": null
},
"old_address": {
"raw": "Weide 24, 9991 Adegem",
"city": "Adegem",
"region": "vlaams_gewest",
"street": "Weide",
"country": "BE",
"postcode": "9991",
"box_number": null,
"street_number": "24",
"locality_suffix": null
},
"effective_date": "2024-07-01",
"evidence_quote": "Er wordt beslist om de maatschappelijke zetel en de vestigingseenheid te verplaatsen van Weide 24, 9991 Adegem naar Murkel 28, 9991 Adegem en dit met ingang vanaf 1 juli 2024.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-10-11",
"filing_date": "2024-10-02",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2024-07-01",
"unanimous": true
},
"subject_company": {
"kbo": "0803.189.494",
"name_full": "We Smile",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0843.312.654",
"org_name": "DE TERWANGNE \u0026 Co B.V.",
"person_name": null,
"org_rep_person_name": "Benoit de Terwangne",
"person_role_at_subject": null
},
"co_filed_documents": [
"Uittreksel uit het verslag van de Bijzondere Algemene Vergadering der aandeelhouder van 1 juli 2024"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | We Smile |