Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
WE & CO from Wavre, company number BE0754667423, closed financial year 2022 with a result of € -7,506 after tax. For that financial year WE & CO recorded revenue of € 14,954 and equity of € 17,053. Compared with financial year 2021, the result moved from € 9,559 to € -7,506. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2023.
€ 17,053
▼ 31% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,506
▼ still € 9,559 profit in 2021
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2,053.
People and assets in 2022
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2022
€ 4,491
▲ € 3,909 vs 2021
Loans from banks and other lenders, long and short.
€ 14,454
▼ 69% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 11,833
▲ 16% vs 2021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Revenue | € 80,822 | € 14,954 | ▼ 81% |
| Gross margin | € 9,694 | € -7,161 | ▼ € 16,855 |
| Profit after taxes | € 9,559 | € -7,506 | ▼ € 17,064 |
| Equity | € 24,559 | € 17,053 | ▼ 31% |
| Total debts | € 86,694 | € 43,782 | ▼ 49% |
| Retained profit | € 9,559 | € 2,053 | ▼ 79% |
| Bank debt | € 581 | € 4,491 | ▲ € 3,909 |
| Balance sheet total | € 111,252 | € 60,835 | ▼ 45% |
Key figures of WE & CO, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to WE & CO?
What happened at WE & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
WE & CO is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 7,506 (▼ € 17,064 vs 2021). filed late Source: NBB ↗
- Nasim-Ur Rehman became a director. NBB
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,559 profit in 2021 to € 7,506 loss in 2022.
Paid € 2,452 in corporate taxes since 2021.
Best year ever: 2021, with € 9,559 profit.
Management
Behind WE & CO is Nasim-Ur Rehman.
Directors
According to the 2022 annual accounts
Nasim-Ur Rehman
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Avenue du Champ des Monts 4
1300 Wavre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0754.667.423
- VAT number
- BE 0754.667.423
- Registered office
- Avenue du Champ des Monts 4, 1300 Wavre
- Names & denominations
- WE & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 21 September 2020
- Peppol
- Not registered
- Activities · NACE
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