ACTIVE

we+

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Financial year 2025 · closed on 31/12/2025

Net result

-2,5 M €

+34.3% YoY

Revenue

17,6 M €

-10.8% YoY

Equity

2,4 M €

+157.6% YoY

Workforce

95,7 ETP

-15.5% YoY

What does we+ do?

we+ is a Public limited company incorporated in 2002. Its registered office is in Hasselt. It employs on average 95,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.495.177

Incorporation

23/01/2002

Legal form

Public limited company

Registered office

Herkenrodesingel 101
3500 Hasselt · FlandreSee on map

Contributed capital

9 071 032,00 €

Latest accounts

31/12/2025

Average workforce

95,7 ETP

Joint committees (3)

Signals

Healthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	17,6 M €	-10.8%	19,7 M €	-11.5%	22,3 M €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	-765,5 k €	+0.6%	-770,2 k €	-134%	2,3 M €	+180%	811,2 k €	+0.9%	804,1 k €	+39.9%	574,8 k €	+15.2%	499 k €	-10.8%	559,4 k €	+1.1%	553,1 k €	+5.0%	526,9 k €	+35.8%	388,1 k €	+72.2%	225,4 k €	+32.3%	170,4 k €	+43.0%	119,1 k €	-13.2%	137,3 k €	-15.0%	161,5 k €	-16.6%	193,5 k €	+43.3%	135 k €	+19.4%	113,1 k €
Operating result	-1,9 M €	+39.9%	-3,2 M €	-958%	-300,1 k €	-138%	789,2 k €	+0.6%	784,7 k €	+40.4%	558,8 k €	+14.5%	488,1 k €	-4.7%	512,1 k €	+7.3%	477 k €	-1.0%	482 k €	+52.6%	315,9 k €	+85.6%	170,1 k €	+20.5%	141,1 k €	+54.1%	91,6 k €	+13.5%	80,7 k €	-13.9%	93,7 k €	-21.9%	120,1 k €	+97.5%	60,8 k €	+28.7%	47,2 k €
Net result	-2,5 M €	+34.3%	-3,8 M €	-306%	-932,9 k €	-280%	518,7 k €	-8.4%	566,5 k €	+41.3%	401 k €	+22.3%	327,9 k €	-1.6%	333,3 k €	+13.7%	293,3 k €	-3.7%	304,5 k €	+62.0%	187,9 k €	+84.6%	101,8 k €	+21.1%	84,1 k €	+12.7%	74,6 k €	+25.4%	59,5 k €	+9.7%	54,3 k €	-30.9%	78,5 k €	+121%	35,5 k €	+8.8%	32,6 k €
Balance sheet
Equity	2,4 M €	+158%	-4,1 M €	-1141%	-333,4 k €	-157%	585,8 k €	-6.0%	623,3 k €	+997%	56,8 k €	+1.8%	55,8 k €	+16.6%	47,9 k €	-95.5%	1,1 M €	-11.4%	1,2 M €	+34.2%	890,8 k €	+26.7%	702,8 k €	+16.5%	603,4 k €	+6.0%	569,4 k €	+14.5%	497,2 k €	+13.0%	440,1 k €	+13.4%	388,2 k €	+25.4%	309,7 k €	+12.9%	274,2 k €
Total assets	10,8 M €	+8.9%	9,9 M €	-43.9%	17,6 M €	+374%	3,7 M €	+181%	1,3 M €	+13.5%	1,2 M €	+1.4%	1,1 M €	+17.1%	980,4 k €	-50.9%	2 M €	+12.2%	1,8 M €	+24.9%	1,4 M €	+39.3%	1 M €	+32.7%	770,5 k €	+2.4%	752,7 k €	+5.1%	716,4 k €	-1.7%	728,5 k €	+44.4%	504,6 k €	+10.4%	457 k €	+8.9%	419,8 k €
Cash	–		8,5 k €	-98.5%	572,1 k €	-13.7%	662,7 k €	+44.3%	459,4 k €	+63.2%	281,5 k €	-38.5%	458 k €	+30.2%	351,8 k €	-54.7%	776,3 k €	-8.6%	849,7 k €	+132%	366 k €	+9.7%	333,5 k €	-5.5%	353 k €	+27.9%	276 k €	+35.8%	203,2 k €	+17.5%	172,9 k €	-6.3%	184,5 k €	+227%	56,5 k €	-47.1%	106,7 k €
Debts	8,4 M €	-39.4%	13,8 M €	-22.8%	17,9 M €	+475%	3,1 M €	+351%	690,8 k €	-37.6%	1,1 M €	+1.4%	1,1 M €	+17.2%	932,6 k €	+1.4%	920,1 k €	+58.3%	581,3 k €	+9.0%	533,4 k €	+73.0%	308,3 k €	+93.9%	159 k €	-11.8%	180,4 k €	-10.8%	202,3 k €	-20.8%	255,4 k €	+120%	116,3 k €	-20.9%	147 k €	+1.0%	145,6 k €
Other
Workforce	95,7 ETP	-15.5%	113,2 ETP	-11.2%	127,5 ETP	+400%	25,5 ETP	+19.7%	21,3 ETP	+25.3%	17,0 ETP	+16.4%	14,6 ETP	+33.9%	10,9 ETP	-0.9%	11,0 ETP	+10.0%	10,0 ETP	+28.2%	7,8 ETP	+34.5%	5,8 ETP	+20.8%	4,8 ETP	+60.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+25.0%	2,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

David RAMAKERS

Director · since 28 septembre 2023 · until 27 septembre 2029

Active

Jean-Marie THUAL

Director · since 28 septembre 2023 · until 27 septembre 2029

Active

Ended mandates

Florian BLOUCTET

Director · since 28 septembre 2023 · until 31 décembre 2023

Ended

Thomas GOETHALS

Director · since 28 septembre 2023 · until 31 mai 2024

Ended

Alan Allman Associates International

Director · since 25 octobre 2018

Represented by Florian Blouctet

Ended

ALAN ALLMAN ASSOCIATES INTERNATIONAL

Director · since 25 octobre 2018 · until 28 septembre 2023 · 0676.533.824

Represented by Jean-Marie Thual

Ended

At this address

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Groeiend Limburg zuid● Active	0408.038.418
Groep Medisch-Sociale Initiatieven van Limburg● Liquidation	0450.648.043
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OKRA-REIZEN● Active	1023.571.912
Participo Limburg● Active	0407.882.228
PRIVATUM● Active	0699.533.712
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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/07/2026	26/08/2025	04/10/2024	18/07/2023	30/06/2022	06/07/2021
General meeting	11/06/2026	30/06/2025	15/08/2024	30/06/2023	27/05/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	11/06/2026	10/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	26/08/2025	Dutch	PDF
Full model	31/12/2023	15/08/2024	04/10/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	18/07/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	06/07/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	01/07/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	28/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	27/07/2016	Dutch	PDF
Abridged model	31/12/2014	21/05/2015	22/05/2015	Dutch	PDF
Abridged model	31/12/2013	18/02/2014	18/02/2014	Dutch	PDF
Abridged model	31/12/2012	27/05/2013	28/05/2013	Dutch	PDF
Abridged model	31/12/2011	27/03/2012	17/04/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	31/05/2011	Dutch	PDF
Abridged model	31/12/2009	09/04/2010	13/04/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	08/06/2009	Dutch	PDF
Abridged model	31/12/2007	10/03/2008	30/01/2009	Dutch	PDF
Abridged model	31/12/2006	09/02/2007	16/02/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

David RAMAKERS

Director · since 28 septembre 2023 · until 27 septembre 2029

Active

Jean-Marie THUAL

Director · since 28 septembre 2023 · until 27 septembre 2029

Active

Ended mandates

Florian BLOUCTET

Director · since 28 septembre 2023 · until 31 décembre 2023

Ended

Thomas GOETHALS

Director · since 28 septembre 2023 · until 31 mai 2024

Ended

Alan Allman Associates International

Director · since 25 octobre 2018

Represented by Florian Blouctet

Ended

ALAN ALLMAN ASSOCIATES INTERNATIONAL

Director · since 25 octobre 2018 · until 28 septembre 2023 · 0676.533.824

Represented by Jean-Marie Thual

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring28/05/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares22/12/2025
DIVERSEN - KAPITAAL - AANDELEN
PDF
Mandates10/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring24/07/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares28/03/2025
KAPITAAL - AANDELEN
PDF
Mandates13/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other17/10/2024
BENAMING
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-2,5 M €↑
2024
Annual accounts 2024-3,8 M €↓
2024
Name changeWE+
2023
Annual accounts 2023-932,9 k €↓
2023
Name changeContinuum-Jidoka
2022
Annual accounts 2022518,7 k €↓
2021
Annual accounts 2021566,5 k €↑
2021
Name changeJArchitects
2020
Annual accounts 2020401 k €↑
2019
Annual accounts 2019327,9 k €↓
2018
Annual accounts 2018333,3 k €↑
2017
Annual accounts 2017293,3 k €↓
2016
Annual accounts 2016304,5 k €↑
2015
Annual accounts 2015187,9 k €↑
2014
Annual accounts 2014101,8 k €↑
2013
Annual accounts 201384,1 k €↑
2012
Annual accounts 201274,6 k €↑
2011
Annual accounts 201159,5 k €↑
2010
Annual accounts 201054,3 k €↓
2009
Annual accounts 200978,5 k €↑
2008
Annual accounts 200835,5 k €↑
2007
Annual accounts 200732,6 k €
23/01/2002
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

we+

Overview

What does we+ do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline