Financials
- Financial year
- 2025
- Turnover
- €72.9m
- Loss
- -€11.1m
- Solvency
- -86.1%
Turnover▼ 27.3%
Net result
20232025
WEngage
Judicial reorganisationSummary
The file of WEngage contains 3 judicial reorganisation notices, as published in the Belgian Official Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€12.7m) and a net result of -€11.1m. Equity is shrinking by about 128% per year across the filed financial years. Its solvency ranks better than 5% of 1,162 sector peers (NACE 82, financial year 2025).
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- Enterprise Court of Brussels
- Opened
- 25 July 2025
- Track
- Reorganisation by amicable settlement
- Docket number
- 20250040
- Moratorium until
- 15 January 2026 (passed; an extension would be in a later judgment)
- Delegated judge
- Theo Raedschelders
- Official Gazette
- 31-07-2025 (pdf) ↗search the document for 2025/132957
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- An amicable settlement binds only the creditors who sign it. You decide whether you sign.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.
View the file in RegSol ↗
Follow
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Office administrative, office support and other business support activities
NACE 82200
Largest employer in Flemish Brabant, Office administrative support sector5 sites
Size
€72.9mturnover 2025
- Staff
- 1,057.3 FTE
- Equity
- -€12.7m
- Loss
- -€11.1m
Financial health
0
Critical
Checked score 2025Reorganisation running: about 1 in 4 bankrupt within the year
Structure
- Parent
- WEngage International · 100%
- Board
- 6 members
- Holdings
- 1
- Ahorn Consult Comm. V.Managing director · permanent representative Pierre Pignolet
Auditor: BV PwC Bedrijfsrevisoren2025 accounts 3 days early
Signalsraises riskNegative equityIn judicial reorganisationneutralLatest accounts filed on timeShow the evidence
Checked score
Score 2025
0
/ 100
Critical
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Weak
Solvency
0-19
equity -86.1% of total assets
Liquidity
1-1
short-term debt 152.7% · cash 1.1%
Profitability
0=
return on assets -75.2%
Bankruptcy probability, 12 months
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).
No credit on open account during an ongoing judicial reorganisation
Liquidity insufficient (current ratio 0.62, compared with 0.96 in 2024, below 1; short-term debt: 152.7% and cash: 1.1% of total assets), and equity is negative.
Signals
Three signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€12.7m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
3 days early
2024
7 days early
2023
7 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 6 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · 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 25 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
- Appointment: PwC Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Kevin Veestraeten ·…
- Annual accounts filedfinancial year 2025 · full…
- Permanent representatives: Kevin Veestraeten and Peter…Gazette deed
Key points
- Risk: In judicial reorganisationtrustee not known 25-07-2025 View
- Risk: Negative equityfinancial year 2025: debts exceed assets -€12.7m View
- Risk: 3 loss-making years in a rowloss financial year 2025 -€11.1m View
- Caution: Equity fell in 2025from -€1.6m to -€12.7m ▼ 691% View
- Caution: Among the weakest 5% on solvencysector median 44.8% · 1,162 companies -86.1% View
- Controlled by WEngage Internationalultimately: NEWPORT INVESTMENTS SA 100% View
- Flemish supportawarded from 2023 to 2025 €79,104 View
By topic
Board & ownership
- Board
- 6 members
- Parent
- WEngage International · 100%
- Auditor
- BV PwC Bedrijfsrevisoren
- Ahorn ConsultDirector
- INTERCONTINENTAL TRADE FINANCEDirector
- KORAMIC INVESTMENTSDirector
- MACLADirector
- PEROCAManaging director
and 1 other director
Network & group
- Group
- NEWPORT INVESTMENTS SA
- Subsidiaries
- 1
- Connected companies
- 6
- Mergers and asset contributions
- 3
1 subsidiary
Timeline
- Events
- 20
- Since
- 2022
- Next accounts
- by 31-07-2027
- 31-12-2025Weakest financial year
- 19-12-2025Extension
- 18-09-2025Extension
Company details
- Sites
- 5
- Legal form
- Public limited company
- Activity
- Office administrative, office support and other business support…NACE 82200
- Founded
- 03-11-2022
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 9
- Annual meeting
- Last Friday of June at 09:00
Key facts about WEngage
- What is the company number of WEngage?
- 0793.259.664. In Belgium the VAT number is the company number with BE in front: BE 0793.259.664.
- Where is WEngage based?
- The registered office is at Woluwelaan 158, 1831 Machelen (Brab.).Company details
- What does WEngage do?
- According to the KBO register, the main activity is office administrative, office support and other business support activities (NACE 82200).
- What is the legal form of WEngage?
- Public limited company (NV).
- When was WEngage founded?
- On 03-11-2022.
- Is WEngage still active?
- Yes, WEngage is in the KBO register. A judicial reorganisation is running.
- How many employees does WEngage have?
- On average 1,057.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of WEngage?
- €72.9m in financial year 2025, according to the filed annual accounts.
- Is WEngage profitable?
- In financial year 2025, WEngage made a loss of €11.1m.
- Where can I find the annual accounts of WEngage?
- WEngage filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WEngage due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to WEngage
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