WECODE
ActiveSummary
WECODE has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108,108 and a net result of €33,192. Equity is growing by about 46% per year across the filed financial years. Its solvency ranks better than 87% of 21,080 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €108,108
- Profit
- €33,192
Why 98lowers riskLiquidity: current ratio 9.09, cash €111,350Sector: Computer programming, consultancy and related activities (NACE 62)Equity €108,108 (89.5% of total assets)Size: total assets €120,824Show the evidence
Checked score
Fewer than 1 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 62, micro): better than 85% on solvency, 92% on liquidity, 82% on profitability and 77% on growth.
The bankruptcy probability was computed on 27-10-2026 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 3 accounts on average on the deadline day; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Equity above €100,000equity €108,108 ▲44.3%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result has fallen two years in a row; 2025 is 7% below 2024 and is the lowest 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 62, Computer programming, consultancy and related 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 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% 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 lower bankruptcy probability: < 0.1% 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 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 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €367 | €2,990 | €3,206 | ▲ 7.2% |
| Other operating charges640/8 | €239 | €590 | €315 | ▼ 46.6% |
| Gross operating margin9900 | €50,179 | €53,021 | €49,705 | ▼ 6.3% |
| Operating profit (loss)9901 | €49,573 | €49,441 | €46,184 | ▼ 6.6% |
| Financial income75/76B | €5 | €13 | €0 | ▼ 100% |
| Recurring financial income75 | €5 | €13 | €0 | ▼ 100% |
| Financial charges65/66B | €980 | €2,881 | €2,591 | ▼ 10.1% |
| Recurring financial charges65 | €980 | €2,881 | €2,591 | ▼ 10.1% |
| Profit (loss) for the period before taxes9903 | €48,598 | €46,573 | €43,594 | ▼ 6.4% |
| Income taxes67/77 | €11,306 | €10,950 | €10,401 | ▼ 5.0% |
| Profit (loss) for the period9904 | €37,293 | €35,623 | €33,192 | ▼ 6.8% |
| Profit (loss) for the period to be appropriated9905 | €37,293 | €35,623 | €33,192 | ▼ 6.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €53,296 | €91,577 | €120,824 | ▲ 31.9% |
| Fixed assets21/28 | €6,765 | €7,416 | €5,270 | ▼ 28.9% |
| Tangible fixed assets22/27 | €6,765 | €7,416 | €5,270 | ▼ 28.9% |
| Furniture and vehicles24 | €6,765 | €7,416 | €5,270 | ▼ 28.9% |
| Current assets29/58 | €46,530 | €84,161 | €115,554 | ▲ 37.3% |
| Amounts receivable within one year40/41 | €69 | €146 | €108 | ▼ 26.2% |
| Other amounts receivable41 | €69 | €146 | €108 | ▼ 26.2% |
| Cash at bank and in hand54/58 | €44,082 | €81,069 | €111,350 | ▲ 37.4% |
| Deferred charges and accrued income490/1 | €2,380 | €2,945 | €4,096 | ▲ 39.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €53,296 | €91,577 | €120,824 | ▲ 31.9% |
| Equity10/15 | €39,293 | €74,915 | €108,108 | ▲ 44.3% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €37,293 | €72,915 | €106,108 | ▲ 45.5% |
| Amounts payable17/49 | €14,003 | €16,662 | €12,717 | ▼ 23.7% |
| Amounts payable within one year42/48 | €14,003 | €16,612 | €12,717 | ▼ 23.5% |
| Trade debts44 | €573 | €1,046 | €626 | ▼ 40.1% |
| Suppliers440/4 | €573 | €1,046 | €626 | ▼ 40.1% |
| Taxes, remuneration and social security45 | €13,198 | €15,567 | €12,090 | ▼ 22.3% |
| Taxes450/3 | €13,198 | €15,567 | €12,090 | ▼ 22.3% |
| Other amounts payable47/48 | €232 | €0 | - | - |
| Accrued charges and deferred income492/3 | - | €49 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,293 | €35,623 | €33,192 | ▼ 6.8% |
| + Depreciation and write-downs630 | €367 | €2,990 | €3,206 | ▲ 7.2% |
| Operating cash flow (approximation) | €37,659 | €38,612 | €36,399 | ▼ 5.7% |
| Investment in fixed assets (approximation) | - | -€3,641 | -€1,060 | ▲ 70.9% |
| Change in cash | - | €36,988 | €30,280 | ▼ 18.1% |
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 (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-07-2026 | 2026-00379248 |
| 31-12-2024 | micro format | 04-08-2025 | 2025-00361814 |
| 31-12-2023 | micro format | 30-07-2024 | 2024-00302928 |
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
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| IDOUMHAIDI Ahmed |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
07-02
Gazette deed
IncorporationAppointment: IDOUMHAIDI Ahmed (administrateur non statutaire) · Registered office clause · Pre-incorporation commitments8 facts ▸
- Registered office clause, “6010 Couillet (Charleroi), Rue de la Source”, 12 (deed in French)
- Director appointment, IDOUMHAIDI Ahmed (administrateur non statutaire)
- Pre-incorporation commitments, “takeover, engagements obligations et activites entreprises par fondateur au nom et pour compte societe en formation” (deed in French)
- Power of attorney, Charles HUYLEBROUCK
- Incorporation, 31-01-2023
- Founder, IDOUMHAIDI Ahmed
- Founding capital, €2,000
- Bank account, “société en formation, banque et numéro imprimés comme (...)” (deed in French)
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.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52014B0462/00N129 | Wallonia | 314 m² | 1 · 109 m² | 8.5 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La conception de la structure et du contenu,l'assurance de la qualité et de contrôle de la qualité,et/ou l'écriture du code informatique…” (deed in French)
13 activities (deed in French)
- La conception de la structure et du contenu,l'assurance de la qualité et de contrôle de la qualité,et/ou l'écriture du code informatique nécessaire à la création et au lancement de:
- Logiciels informatiques (y compris les mises à jour et les correctifs) ;
- Applications logicielles (y compris les mises à jour et les correctifs) ;
- Bases de données ;
- Pages web ;
- L'adaptation de logiciels,c'est-à-dire la modification et la configuration d'une application existante pour la rendre opérationnelle dans l'environnement informatique du client ;
- La planification et la conception de systèmes informatiques intégrant la technologie du matériel,celle des logiciels et celle des communications. Les services peuvent comprendre une formation des utilisateurs concernés ;
- Les services de gestion et d’exploitation sur site des systèmes informatiques et/ou de traitement des données du client,ainsi que les services d’assistance connexes ;
- Toutes activités dans le domaine informatique et des technologies de l’information,telles que:
- Les services de récupération de données après un sinistre informatique ;
- L'installation (configuration) d'ordinateurs personnels et d'autres composants informatiques ;
- Les services d’installation de logiciels ;
- Le commerce de gros et de détail de matériel informatique et électronique de toute nature en ce compris de tout équipement périphérique et logiciels (y compris les consoles de jeux vidéo et les jeux vidéo) ;
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- WECODE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger,par simple décision de…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, organe d'administration” (deed in French)“Fixe ou proportionnelle, exercé gratuitement ou non” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, Article 8” (deed in French)“100, droit égal dans la répartition des bénéfices et des produits de la liquidation” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Prix offert par candidat original ou à défaut accord prix expert désigné commun accord ou président tribunal entreprise référé, Article 11” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Actions nouvelles à souscrire en numéraire, Article 7” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Monday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Dissolution, prevues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Liquidateurs, administrateurs en fonction designes comme liquidateurs en vertu statuts si aucun autre designe” (deed in French)