WE SOLD
ActiveSummary
WE SOLD has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-631k) and a net result of €222k. Equity is shrinking by ~35.9% per year across the filed fiscal years. Its solvency ranks better than 7% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▲+15
Solvency6▲+6
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 4.94 against 14.48 in 2024; short-term debt: 20.2% and cash: 0.4% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Six 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 4556 sector peers (2025).
NBB · sector comparisonPosition among 4556 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
53 d early
2024
87 d early
2023
27 d early
2022
34 d early
2021
2 d early
2020
4 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€222k▲ 371%
2024 · €47k
2020: €194
2021: €-53k▼ -27182% vs 2020
2022: €-471k▼ -794% vs 2021lowest in 6 years
2023: €-439k▲ +6.7% vs 2022
2024: €47k▲ +111% vs 2023
2025: €222k▲ +371% vs 2024highest in 6 years
2020 → 2025
Working capital
€2.72M▲ 65.9%
2024 · €1.64M
2020: €36klowest in 6 years
2021: €4.36M▲ +11924% vs 2020
2022: €5.19M▲ +19.0% vs 2021highest in 6 years
2023: €4.81M▼ -7.5% vs 2022
2024: €1.64M▼ -65.9% vs 2023
2025: €2.72M▲ +65.9% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€-461k€-900k▼ 95.2%€-853k▲ 5.2%€-631k▲ 26.1%
2021: €10khighest in 5 years
2022: €-461k▼ -4935% vs 2021
2023: €-900k▼ -95.2% vs 2022lowest in 5 years
2024: €-853k▲ +5.2% vs 2023
2025: €-631k▲ +26.1% vs 2024
Operating result€-22k-€-179k▼ 731%€-49k▲ 72.5%€271k€401k▲ 47.7%
2021: €-22k
2022: €-179k▼ -731% vs 2021lowest in 5 years
2023: €-49k▲ +72.5% vs 2022
2024: €271k▲ +651% vs 2023
2025: €401k▲ +47.7% vs 2024highest in 5 years
Net result€-53k-€-471k▼ 794%€-439k▲ 6.7%€47k€222k▲ 371%
2021: €-53k
2022: €-471k▼ -794% vs 2021lowest in 5 years
2023: €-439k▲ +6.7% vs 2022
2024: €47k▲ +111% vs 2023
2025: €222k▲ +371% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 48% above 2024 and is the highest result in the available series.
Key figures and ratios
EBITDA
€402k▲
2024 · €275k
Cash flow
€224k▲
2024 · €51k
Solvency
-18.5%▲
2024 · -48.4%
Current ratio
4.94▼
2024 · 14.48
Quick ratio
1.34▼
2024 · 2.92
Debt to equity
-6.40▼
2024 · -3.07
ROA
6.5%▲
2024 · 2.7%
Interest coverage
2.26▲
2024 · 1.13
Debt
€4.04M▲
2024 · €2.62M
Debt ≤ 1 year
€689k▲
2024 · €121k
Debt > 1 year
€3.35M▲
2024 · €2.49M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.76M€3.41M▲
Fixed assets21/28€3k-
Tangible fixed assets22/27€1k-
Furniture and vehicles24€1k-
Financial fixed assets28€2k-
Current assets29/58€1.76M€3.41M▲
Stocks and contracts in progress3€1.40M€2.48M▲
Stocks30/36€1.40M€2.48M▲
Amounts receivable within one year40/41€101k€908k▲
Trade receivables40-€850k
Other amounts receivable41€101k€58k▼
Cash at bank and in hand54/58€746€12k▲
Deferred charges and accrued income490/1€253k-
Equity and liabilities
Total equity and liabilities10/49€1.76M€3.41M▲
Equity10/15€-853k€-631k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-915k€-693k▲
Amounts payable17/49€2.62M€4.04M▲
Amounts payable after more than one year17€2.49M€3.35M▲
Financial debts170/4€2.49M€2.35M▼
Other amounts payable178/9-€1.00M
Amounts payable within one year42/48€121k€689k▲
Trade debts44€13k€7k▼
Suppliers440/4€13k€7k▼
Taxes, remuneration and social security45€170-
Taxes450/3€170-
Other amounts payable47/48€109k€682k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€1k▼
Other operating charges640/8€36k€24k▼
Gross operating margin9900€311k€426k▲
Operating profit (loss)9901€271k€401k▲
Financial income75/76B€20k€0▼
Recurring financial income75€20k€0▼
Financial charges65/66B€245k€178k▼
Recurring financial charges65€245k€178k▼
Profit (loss) for the period before taxes9903€47k€222k▲
Income taxes67/77€-350-
Profit (loss) for the period9904€47k€222k▲
Profit (loss) for the period to be appropriated9905€47k€222k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-915k€-693k▲
Profit (loss) brought forward from the previous period14P€-962k€-915k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €16k | €86k | €25k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €11k | €4k | €4k | €1k | ▼ 64.3% |
| Other operating charges640/8 | €9k | €41k | €108k | €36k | €24k | ▼ 34.2% |
| Gross operating margin9900 | €10k | €-40k | €87k | €311k | €426k | ▲ 36.9% |
| Operating profit (loss)9901 | €-22k | €-179k | €-49k | €271k | €401k | ▲ 47.7% |
| Financial income75/76B | - | €0 | €14k | €20k | €0 | ▼ 100.0% |
| Recurring financial income75 | - | €0 | €14k | €20k | €0 | ▼ 100.0% |
| Financial charges65/66B | €31k | €292k | €404k | €245k | €178k | ▼ 27.1% |
| Recurring financial charges65 | €31k | €292k | €404k | €245k | €178k | ▼ 27.1% |
| Profit (loss) for the period before taxes9903 | €-53k | €-471k | €-439k | €47k | €222k | ▲ 375% |
| Income taxes67/77 | - | €134 | €500 | €-350 | - | - |
| Profit (loss) for the period9904 | €-53k | €-471k | €-439k | €47k | €222k | ▲ 371% |
| Profit (loss) for the period to be appropriated9905 | €-53k | €-471k | €-439k | €47k | €222k | ▲ 371% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.22M | €5.76M | €5.27M | €1.76M | €3.41M | ▲ 93.3% |
| Fixed assets21/28 | €22k | €35k | €7k | €3k | - | - |
| Intangible fixed assets21 | €19k | €13k | - | - | - | - |
| Tangible fixed assets22/27 | €3k | €20k | €5k | €1k | - | - |
| Furniture and vehicles24 | €3k | €20k | €5k | €1k | - | - |
| Financial fixed assets28 | - | €2k | €2k | €2k | - | - |
| Current assets29/58 | €5.20M | €5.73M | €5.26M | €1.76M | €3.41M | ▲ 93.6% |
| Stocks and contracts in progress3 | €5.07M | €5.43M | €5.16M | €1.40M | €2.48M | ▲ 77.1% |
| Stocks30/36 | €5.07M | €5.43M | €5.16M | €1.40M | €2.48M | ▲ 77.1% |
| Amounts receivable within one year40/41 | €17k | €245k | €82k | €101k | €908k | ▲ 797% |
| Trade receivables40 | - | - | €300 | - | €850k | - |
| Other amounts receivable41 | €17k | €245k | €82k | €101k | €58k | ▼ 42.3% |
| Cash at bank and in hand54/58 | €46k | €34k | €19k | €746 | €12k | ▲ 1,531% |
| Deferred charges and accrued income490/1 | €61k | €22k | €1k | €253k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.22M | €5.76M | €5.27M | €1.76M | €3.41M | ▲ 93.3% |
| Equity10/15 | €10k | €-461k | €-900k | €-853k | €-631k | ▲ 26.1% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Profit (loss) carried forward14 | €-52k | €-523k | €-962k | €-915k | €-693k | ▲ 24.3% |
| Amounts payable17/49 | €5.21M | €6.22M | €6.17M | €2.62M | €4.04M | ▲ 54.3% |
| Amounts payable after more than one year17 | €4.38M | €5.69M | €5.71M | €2.49M | €3.35M | ▲ 34.2% |
| Financial debts170/4 | €4.38M | €5.69M | €5.71M | €2.49M | €2.35M | ▼ 5.9% |
| Other amounts payable178/9 | - | - | - | - | €1.00M | - |
| Amounts payable within one year42/48 | €833k | €533k | €455k | €121k | €689k | ▲ 467% |
| Financial debts43 | - | €4 | - | - | - | - |
| Credit institutions430/8 | - | €4 | - | - | - | - |
| Trade debts44 | €27k | €57k | €133k | €13k | €7k | ▼ 42.8% |
| Suppliers440/4 | €27k | €57k | €133k | €13k | €7k | ▼ 42.8% |
| Taxes, remuneration and social security45 | €2k | €39k | €65 | €170 | - | - |
| Taxes450/3 | €65 | €26k | €65 | €170 | - | - |
| Remuneration and social security454/9 | €2k | €13k | - | - | - | - |
| Other amounts payable47/48 | €804k | €437k | €322k | €109k | €682k | ▲ 528% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-53k | €-471k | €-439k | €47k | €222k | ▲ 371% |
| + Depreciation and write-downs630 | €7k | €11k | €4k | €4k | €1k | ▼ 64.3% |
| Operating cash flow (approximation) | €-46k | €-460k | €-435k | €51k | €224k | ▲ 338% |
| Investment in fixed assets (approximation) | - | €-24k | €24k | €0 | - | - |
| Change in cash | - | €-11k | €-16k | €-18k | €11k | ▲ 164% |
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
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2020net €222k ▲371%
Operating result €401k, net result €222k, both a record.
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €47k
Net result €47k after 3 loss-making years.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-471k
Net result drops to €-471k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 6.24
Current ratio from 1.92 to 6.24.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2019
Ground area
1,833 m²
Building footprint
1,831 m²
Volume, LiDAR
45,608 m³
Parcel 21822R0224/00S007, Brussels · tallest building 45.6 m, ±8 floors. Linked by address, not a title deed.
157
companies at this address
See who is registered here
1 establishment unit
WE SOLD
since 20192.296.358.994
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0224/00S007 | Brussels | 1,833 m² | 1 · 1,831 m² | 45.6 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
9845002DDDF1A02F3C03
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,384. 1,844 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.