ACTIVE

We Ride

Financial year 2025 · closed on 31/12/2025
Net result
272,7 k €
-9.9% YoY
Gross margin
489,9 k €
-7.8% YoY
Equity
116,2 k €
-13.0% YoY
Workforce
0,5 ETP
-68.8% YoY

What does We Ride do?

We Ride is a Public limited company incorporated in 2018. Its main activity is: Support activities to performing arts. Its registered office is in Gent. It employs on average 0,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0687.797.702
Incorporation
11/01/2018
Legal form
Public limited company
Registered office
Ottergemsesteenweg-Zuid 808
9000 Gent · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
0,5 ETP
Joint committees (2)
  • 100
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin489,9 k €531,6 k €523,8 k €840,6 k €172,6 k €-841,2 k €730,6 k €
EBITDA397,2 k €431,4 k €426,9 k €756,3 k €133,6 k €-852 k €421,7 k €
Operating result389,3 k €430,2 k €426,3 k €753,3 k €130,5 k €-855 k €416,1 k €
Net result272,7 k €302,6 k €300,9 k €731,7 k €107,9 k €-752,5 k €243,1 k €
Balance sheet
Equity116,2 k €133,5 k €130,9 k €430 k €-301,6 k €-409,5 k €343,1 k €
Total assets1,7 M €1,6 M €2 M €1,9 M €2,6 M €2 M €1,4 M €
Cash1,3 M €1,2 M €550 k €692,3 k €1 M €1,1 M €471,2 k €
Debts1,6 M €1,5 M €1,8 M €1,5 M €2,8 M €1,6 M €962,4 k €
Other
Workforce0,5 ETP1,6 ETP3,3 ETP2,1 ETP0,9 ETP0,3 ETP7,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 8 ended

Active mandates

IMPULS FACTORY

Director · 0808.569.432

Represented by Christophe Impens

Active
SCORE AGENCY

Director · 0895.424.024

Represented by Michel Francken

Active
Tomas Van Den Spiegel

Director

Active
Wim Tack

Director

Active

Ended mandates

IMPULS FACTORY

Director · since 28 avril 2021 · 0808.569.432

Represented by Christophe Impens

Ended
SCORE AGENCY

Director · since 22 avril 2020 · 0895.424.024

Represented by Michel Francken

Ended
SCORE AGENCY

Director · since 22 avril 2020 · 0895.424.024

Represented by Michel Francken

Ended
Thomas Van Den Spiegel

Director · since 06 décembre 2019

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/06/202607/07/202502/07/202403/08/202330/01/202313/09/2021
General meeting16/06/202626/06/202530/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/06/202622/06/2026DutchPDF
Abridged model31/12/202426/06/202507/07/2025DutchPDF
Abridged model31/12/202330/06/202402/07/2024DutchPDF
Abridged model31/12/202230/06/202303/08/2023DutchPDF
Abridged model31/12/202130/06/202230/01/2023DutchPDF
Abridged model31/12/202030/06/202113/09/2021DutchPDF
Abridged model31/12/201902/07/202017/09/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 4 active · 8 ended

Active mandates

IMPULS FACTORY

Director · 0808.569.432

Represented by Christophe Impens

Active
SCORE AGENCY

Director · 0895.424.024

Represented by Michel Francken

Active
Tomas Van Den Spiegel

Director

Active
Wim Tack

Director

Active

Ended mandates

IMPULS FACTORY

Director · since 28 avril 2021 · 0808.569.432

Represented by Christophe Impens

Ended
SCORE AGENCY

Director · since 22 avril 2020 · 0895.424.024

Represented by Michel Francken

Ended
SCORE AGENCY

Director · since 22 avril 2020 · 0895.424.024

Represented by Michel Francken

Ended
Thomas Van Den Spiegel

Director · since 06 décembre 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/01/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025272,7 k €
  2. 2024
    Annual accounts 2024302,6 k €
  3. 2023
    Annual accounts 2023300,9 k €
  4. 2022
    Annual accounts 2022731,7 k €
  5. 2021
    Annual accounts 2021107,9 k €
  6. 2020
    Annual accounts 2020-752,5 k €
  7. 2019
    Annual accounts 2019243,1 k €
  8. 11/01/2018
    IncorporationPublic limited company