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We Connect Infra

Group · 38 companies

We Connect Infra and the 37 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.

Companies
38
all in Belgium
Countries
1
Belgium
Total assets
€1.66bn
what the companies own together
Equity
€661.7m
the shareholders' buffer
Net result
€63.3m
profit or loss of the year
Staff (FTE)
2,316
in Belgium, social balance

Sum of the filed annual accounts of 38 of the 38 Belgian companies (financial years 2025-2026). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.

Consolidated accounts 2025

Filed by We Connect Infra: the group's figures as one whole, with intra-group positions eliminated. These are the real group figures.

Total assets
€1.24bn
Equity
€297.8m
Turnover
€1.22bn
Net result
€44.1m

Group risk

How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.

96/100 median score

Group structure

Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.

  • We Connect Infra1 subsidiary
    BE 0769.252.956Parent
    No verdict€370.2m €266.9m 2025
    • BE 0721.453.336100% per the accounts
      No verdict€102.0m €54.0m 2025
      • INFRA GROUP1 subsidiary
        BE 0827.023.681100% per the accounts
        No verdict€45.2m €29.9m 2025
        • BE 0431.507.369100% per the accounts
          No verdict€552.5m €44.3m 2025
          • BE 0674.498.210100% per the accounts
            Healthy · 97€2.4m €1.5m 2025
          • Canalfin Infra Group4 subsidiaries
            BE 0841.690.378100% per the accounts
            No verdict€27.9m €15.0m 2025
            • Canalco1 subsidiary
              BE 0406.867.983100% per the accounts
              Healthy · 90€16.9m €6.7m 2025
              • BE 0476.016.216100% per the accounts
                Healthy · 98€1.3m €1.1m 2025
            • BE 0404.257.990100% per the accounts
              Healthy · 96€58.5m €25.9m 2025
            • BE 0874.641.674100% per the accounts
              Healthy · 93€1.6m €791,949 2025
            • BE 0407.861.937100% per the accounts
              Healthy · 79€11.1m €2.7m 2025
          • BE 0419.074.147100% per the accounts
            Healthy · 83€2.0m €781,607 2025
          • BE 0869.812.757100% per the accounts
            Healthy · 96€4.2m €2.1m 2025
          • BE 0455.115.981100% per the accountsInactive
            Elevated€1.1m €938,400 2026
          • BE 0885.392.442100% per the accounts
            Healthy · 98€5.6m €4.8m 2025
          • BE 0635.534.397100% per the accounts
            Healthy · 95€621,124 €480,689 2025
          • BE 0635.534.694100% per the accounts
            Healthy · 96€273,812 €212,816 2025
          • BE 0418.456.218100% per the accounts
            Healthy · 98€41.3m €18.0m 2025
          • BE 0739.931.737100% per the accountsInactive
            Elevated€538,649 €355,512 2026
          • BE 0419.453.437100% per the accounts
            Healthy · 96€27.4m €9.4m 2025
          • BE 0478.980.060100% per the accounts
            Healthy · 98€10.5m €6.2m 2025
          • BE 0465.949.693100% per the accounts
            Healthy · 69€2.3m €529,533 2025
          • BE 0875.403.323100% per the accounts
            Healthy · 95€8.2m €6.2m 2025
          • JOCLA1 subsidiary
            BE 0834.546.923100% per the accounts
            No verdict€2.3m €1.5m 2025
            • BE 0433.989.97599.5% per the accounts
              Healthy · 97€18.3m €12.9m 2025
          • BE 0405.834.142100% per the accounts
            Healthy · 95€83.5m €21.1m 2025
          • BE 0865.070.843100% per the accounts
            Healthy · 98€9.3m €5.4m 2025
          • BE 0733.955.151100% per the accounts
            Healthy · 66€1.8m €895,206 2025
          • BE 0898.521.094100% per the accounts
            Healthy · 97€1.1m €693,495 2025
          • BE 0411.524.973100% per the accounts
            Healthy · 82€2.9m €1.3m 2025
          • BE 0407.034.764100% per the accounts
            Healthy · 96€36.5m €24.5m 2025
          • BE 0449.425.150100% per the accounts
            Healthy · 98€1.0m €970,315 2025
          • BE 0466.981.655100% per the accounts
            Healthy · 99€3.5m €2.8m 2025
          • BE 0455.109.350100% per the accounts
            Healthy · 85€901,002 €788,351 2025
          • BE 0427.173.350100% per the accounts
            Healthy · 94€193.3m €85.7m 2025
          • BE 0891.885.108100% per the accounts
            Healthy · 96€3.2m €2.2m 2025
          • BE 0863.743.923100% per the accounts
            Healthy · 86€5.3m €2.0m 2025

High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.

Shared directors

Who sits on the boards of several group companies. This is where control over the group sits in practice.

1

Events in the group

Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.

  1. Moore Audit SRL appointed as statutory auditor
    Director changeGEFOR
  2. 1 director appointed, 1 director resigning
    Director changeROUSSEAUX INFRA
  3. 1 director appointed, 1 director resigning, 1 reappointed
    Director changeROUSSEAUX INFRA
  4. Capital increase of €25,000 to €1,716,881.36
    Capital changeVERBRAEKEN INFRA
  5. Dissolution of the company
    DissolutionDIERICKX INFRA
  6. MOORE AUDIT appointed as statutory auditor
    Director changeVERBRAEKEN INFRA
  7. 1 director appointed, 2 directors resigning
    Director changeDIERICKX INFRA
  8. Dissolution of the company
    DissolutionFMT-OFFICE
  9. Moore Audit BV appointed as statutory auditor
    Director change"Keen & Wise"
  10. 1 director appointed, 3 directors resigning
    Director changeFMT-OFFICE
  11. Registered office moved to Schoten
    Registered office moveSTROPPA
  12. Erwin Gentier appointed as director
    Director changeGDD INFRA
  13. Registered office moved from Gent to Nazareth-De Pinte
    Registered office moveFMT-OFFICE
  14. Moore Audit BV appointed as statutory auditor
    Director changeDRILLMAT
  15. Moore Audit BV appointed as statutory auditor
    Director changeDRILLING SOLUTIONS
  16. 2 reappointed
    Director changeCanalco
  17. 1 director appointed, 2 directors resigning
    Director changeCanalco

What is my exposure to this group?

The companies of this group you keep in your lists or follow, seen together.

Where do these figures come from?

Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.

The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.

The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.

Updated on 18-10-2026