Equity
€135,986 ▲ 4.7%
WeTransformIT paid out €45,778 in dividends. That is 88% of the 2025 profit.
WeTransformIT
Lifetime
6 annual accounts with figures on one time axispeak €86,211 (2025)
€86,211▲ 37.4%
peak €51,886 (2025)
€51,886▲ 33.4%
peak €135,986 (2025)
€135,986▲ 4.7%
€100,903▲ 358%
Board2 names since 2019
2 directorsVincent Ducheyne and 1 other
Documentsfilings and deeds
28-01-20263 days before the deadline
2025micro format
Gross margin from €62,762 to €86,211Result from €38,900 to €51,886Dividend €45,778Debts from €22,017 to €100,903Investments €96,332
Key points
from the 2025 annual accountsTurnover
≈ €160,000 estimated
The micro format states no turnover.
Debts
€100,903 ▲ 358%
Debts rose by €78,886 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€96,332 8.0 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.18 was 3.19 in 2024
Short-term debts rose from €22,017 to €60,129.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 1 to 75 days before the end of the period.
Checked score
94
Excellent
Financially stronger than 51% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%highest value
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%▼ -0.1 percentage points 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 06-2025lowest 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 04-2026
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
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 1.18, cash €42,256
Size: total assets €236,889
Equity €135,986 (57.4% of total assets)
Calculation
The band follows from the bankruptcy probability. 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). It does better than 50% of them on solvency, 46% on liquidity, 61% on profitability and 50% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as WeTransformIT has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of WeTransformIT itself is lower: < 0.1% within 12 months. It rests on far more data about WeTransformIT than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for WeTransformIT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.18 (3.19 in 2024), below the usual 1.5. Short-term debt is 25.4% and cash 17.8% of total assets. 42.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
3 days early
2024
57 days early
2023
1 day early
2022
75 days early
2021
42 days early
2020
40 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 36 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 20 December (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
Board and ownership
- DUCHEYNE Vincent 980 sharesdeed of 23-01-2019
- VAN CAUWENBERGHE Barbara Margaretha Jean Hélène 20 sharesdeed of 23-01-2019
Recent changes
Environmental permit granted
Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Gent
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0718919260
Registered office moved to Ghent
New registered office: Nekkersberglaan 35, 9000 Gent · Appointments: Vincent Ducheyne (director) and Barbara Van Cauwenberghe (director) · “Overige menselijke gezondheidszorg; Activiteiten op het vlak van geestelijke gezondheidszorg, m.u.v.…” (deed in Dutch) · Gazette deed
Incorporation
Founding capital of €18,600, 1,000 shares, €6,200 paid up · Founders: DUCHEYNE Vincent and VAN CAUWENBERGHE Barbara Margaretha Jean Hélène · Appointment: DUCHEYNE Vincent (manager) · published on 23-01-2019 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as WeTransformIT: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €216,000 and €276,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 21-01-2019Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Establishment unit
- 2.285.766.2979000 Ghent, since 21-01-2019
- Financial year end
- 30 June
- Peppol
- Reachable since 24-11-2023
Annual accounts to 30-06-2025
- €236,889▲ 56.0%
- Filing
- Filed on 28-01-2026, 3 days before the end of the filing period
Insights on WeTransformIT
WeTransformIT files the micro format. That format states no turnover. The gross margin rose from €46,050 in 2020 to €86,211 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WeTransformIT
- What is the company number of WeTransformIT?
- The company number of WeTransformIT is 0718.919.260. The VAT number is the same number with BE in front: BE 0718.919.260.
- Where is WeTransformIT based?
- The registered office is at Nekkersberglaan 35, 9000 Ghent.Company details
- What does WeTransformIT do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of WeTransformIT?
- WeTransformIT is a private limited company (BV).
- When was WeTransformIT founded?
- WeTransformIT was founded on 21-01-2019.
- Is WeTransformIT still active?
- Yes, WeTransformIT is an active enterprise in the KBO register.
- What is the turnover of WeTransformIT?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €86,211 and 60 comparable companies (NACE 62200). It probably lies between €150,000 and €220,000.Financials
- Is WeTransformIT profitable?
- In financial year 2025, WeTransformIT made a profit of €51,886.
- Where can I find the annual accounts of WeTransformIT?
- WeTransformIT filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WeTransformIT due?
- WeTransformIT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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