WeForest

Active

Non-profit associationfounded 2010active for 16 yearsKantersteen 47, 1000 Brussel, Belgium264 active companies are registered at this addressKBO/BCE: BE 0826.151.968

From the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

WeForest has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of -€427,627. Equity is shrinking by about 5.7% per year across the filed financial years. Its solvency ranks better than 12% of 747 sector peers (NACE 94, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

WeForestActiveChecked score 91/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 26-05-2010 Normal situation
Legal form: Non-profit association
Registered office: Kantersteen 47, 1000 Brussel
Activity: Activities of membership organisations NACE 94994
Establishment unit: 2.212.578.710 1000 Brussel, since 01-10-2012
Financial year end: 31 December
Peppol: Reachable

Company details

Who decides

Board

and 3 other directors

Board & ownership

How it is doing

91 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Annual accounts 2025

Turnover: €6.3m; ▲ 109%
Deficit: €427,627; ▲ 6.7%
Equity: €1.3m; ▼ 25.2%
Total assets: €10.8m; ▼ 12.1%
Staff: 13.2 FTE; ▲ 12.8%

2025 accounts 14 days early

Filed on 17-07-2026at the National Bank

Financials

Why 91raises riskLoss of €427,627, the second in a row (financial year 2025)lowers riskLegal form: non-profit associationSector: Activities of membership organisations (NACE 94)Liquidity: current ratio 1.22, cash €4.8mShow the evidence

Checked score

Score 2025

91 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 25% of its sector peers (NACE 94, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 37-2

equity 11.7% of total assets

Liquidity 55-1

short-term debt 81.5% · cash 44.4%

Profitability 13+3

return on assets -4.0%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (512 companies, NACE 94, small)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026

Credit of up to €110,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.22, compared with 1.24 in 2024, below the usual 1.5; short-term debt: 81.5% and cash: 44.4% of total assets), and 88.3% of the assets are financed with debt and provisions.

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 94, small): better than 12% on solvency, 23% on liquidity, 14% on profitability and 50% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Seven signals.

lowers riskraises riskneutral

Legal form: non-profit association

KBO

Sector: Activities of membership organisations (NACE 94)

KBO

Liquidity: current ratio 1.22, cash €4.8m

NBB · annual accounts

Loss of €427,627, the second in a row (financial year 2025)

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€427,627

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 747 sector peers (2025).

NBB · sector comparison

Position among 747 sector peers

Solvency

better than 12%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

14 days early

2024

13 days early

2023

35 days early

2022

32 days early

2021

47 days early

2020

1 day early

2019

41 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 14 days before the deadline; the sector median (NACE 94) for financial year 2024 is 29 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Risk: 5 loss-making years in a rowloss financial year 2025 -€427,627 View
Positive: Turnover rose in 2025from €3.0m to €6.3m ▲ 109% View
Caution: Among the weakest 5% on net resultsector median €13,339 · 750 companies -€427,627 View
Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Documents

Key facts about WeForest

What is the company number of WeForest?: 0826.151.968. In Belgium the VAT number is the company number with BE in front: BE 0826.151.968.
Where is WeForest based?: The registered office is at Kantersteen 47, 1000 Brussel.Company details
What does WeForest do?: According to the KBO register, the main activity is activities of membership organisations (NACE 94994).
What is the legal form of WeForest?: Non-profit association (VZW).
When was WeForest founded?: On 26-05-2010.
Is WeForest still active?: Yes, WeForest is an active enterprise in the KBO register.
How many employees does WeForest have?: On average 13.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of WeForest?: €6.3m in financial year 2025, according to the filed annual accounts.
Is WeForest profitable?: In financial year 2025, WeForest made a loss of €427,627.
Where can I find the annual accounts of WeForest?: WeForest filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of WeForest due?: By 31-07-2027, for financial year 2026.Timeline

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Overview