3W.CONCEPT
ActiveSummary
3W.CONCEPT has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €788,776 and a net result of €54,135. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 88% of 9294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-24
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 7.68 against 9.53 in 2024; short-term debt: 12.1% and cash: 1.7% of total assets), and 13.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.6%
Return on assets
5.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
48 d late
2024
1 d early
2023
29 d late
2022
60 d late
2021
59 d late
2020
45 d early
2019
56 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€103,970▲ 62.5%
2023 · €63,986
EBIT margin
350.2%▲ 402.8pp
2023 · -52.6%
Net result
€54,135▼ 82.5%
2024 · €310,012
Working capital
€734,426▲ 9.2%
2024 · €672,269
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€63,986€103,970▲ 62.5%
Operating result-€5,692€38,931-€33,665€364,126€59,154▼ 83.8%
Net result€2,204▼ 85.4%€45,171▲ 1,950%-€27,071€310,012€54,135▼ 82.5%
EBIT margin-52.6%350.2%▲ 402.8pp
Equity€406,529▲ 0.5%€451,700▲ 11.1%€424,629▼ 6.0%€734,641▲ 73.0%€788,776▲ 7.4%
Total assets€432,232▼ 0.7%€485,720▲ 12.4%€434,928▼ 10.5%€826,329▲ 90.0%€910,668▲ 10.2%
Debt€25,703▼ 17.1%€34,020▲ 32.4%€10,299▼ 69.7%€91,688▲ 790%€121,893▲ 32.9%
Working capital€362,801▼ 6.0%€401,390▲ 10.6%€321,592▼ 19.9%€672,269▲ 109%€734,426▲ 9.2%
Why a figure moved sharply
- 2025 Net result -83% on 2024. The accounts now follow the abbreviated schema, last year the micro schema.
- 2024 Equity +73%, Total assets +90% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 84% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €910,668
Fixed assets
€66,250 ▼ 11.9%
Current assets
€844,418 ▲ 12.4%
Equity and liabilities €910,668
Equity
€788,776 ▲ 7.4%
Debt
€121,893 ▲ 32.9%
Debt's share of the balance-sheet total rises from 11.1% to 13.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€68,120▼
2024 · €372,969
Cash flow
€63,101▼
2024 · €318,855
Current ratio
7.68▼
2024 · 9.53
Debt to equity
0.15▲
2024 · 0.12
ROE
6.9%▼
2024 · 42.2%
ROA
5.9%▼
2024 · 37.5%
Interest coverage
1130.44▼
2024 · 6694.84
Debt ≤ 1 year
€109,992▲
2024 · €78,844
Debt > 1 year
€1,035=
2024 · €1,035
Income taxes
€19,706▼
2024 · €60,405
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €63,986 | €103,970 | - | - |
| Non-recurring operating income76A | - | - | - | €383,370 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €61,143 | €91,186 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,560 | €11,407 | €13,857 | €8,843 | €8,966 | ▲ 1.4% |
| Other operating charges640/8 | €20,064 | €20,699 | €22,651 | €23,185 | €21,617 | ▼ 6.8% |
| Gross operating margin9900 | €27,933 | €71,037 | €2,843 | €396,154 | €89,738 | ▼ 77.3% |
| Operating profit (loss)9901 | -€5,692 | €38,931 | -€33,665 | €364,126 | €59,154 | ▼ 83.8% |
| Financial income75/76B | €7,916 | €6,314 | €6,690 | €6,346 | €14,747 | ▲ 132% |
| Recurring financial income75 | €7,916 | €6,314 | €6,690 | €6,346 | €14,747 | ▲ 132% |
| Financial charges65/66B | €78 | €74 | €96 | €56 | €60 | ▲ 8.2% |
| Recurring financial charges65 | €78 | €74 | €96 | €56 | €60 | ▲ 8.2% |
| Profit (loss) for the period before taxes9903 | €2,146 | €45,171 | -€27,071 | €370,416 | €73,841 | ▼ 80.1% |
| Income taxes67/77 | -€58 | - | - | €60,405 | €19,706 | ▼ 67.4% |
| Profit (loss) for the period9904 | €2,204 | €45,171 | -€27,071 | €310,012 | €54,135 | ▼ 82.5% |
| Profit (loss) for the period to be appropriated9905 | €2,204 | €45,171 | -€27,071 | €310,012 | €54,135 | ▼ 82.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €432,232 | €485,720 | €434,928 | €826,329 | €910,668 | ▲ 10.2% |
| Fixed assets21/28 | €57,806 | €70,288 | €108,295 | €75,216 | €66,250 | ▼ 11.9% |
| Tangible fixed assets22/27 | €57,806 | €70,288 | €108,295 | €75,216 | €66,250 | ▼ 11.9% |
| Land and buildings22 | €57,806 | €70,288 | €108,295 | €75,216 | €66,250 | ▼ 11.9% |
| Current assets29/58 | €374,426 | €415,432 | €326,633 | €751,113 | €844,418 | ▲ 12.4% |
| Amounts receivable within one year40/41 | €362,402 | €359,824 | €324,076 | €635,173 | €829,267 | ▲ 30.6% |
| Trade receivables40 | €22,402 | €49,824 | €47,533 | €30,173 | €26,576 | ▼ 11.9% |
| Other amounts receivable41 | €340,000 | €310,000 | €276,543 | €605,000 | €802,691 | ▲ 32.7% |
| Cash at bank and in hand54/58 | €8,366 | €54,045 | €2,557 | €115,940 | €15,151 | ▼ 86.9% |
| Deferred charges and accrued income490/1 | €3,658 | €1,563 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €432,232 | €485,720 | €434,928 | €826,329 | €910,668 | ▲ 10.2% |
| Equity10/15 | €406,529 | €451,700 | €424,629 | €734,641 | €788,776 | ▲ 7.4% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €27,268 | €27,268 | €27,268 | €27,268 | €27,268 | = |
| Non-distributable reserves130/1 | €27,268 | €27,268 | €27,268 | €27,268 | €27,268 | = |
| Legal reserve130 | €27,268 | €27,268 | €27,268 | €27,268 | €27,268 | = |
| Profit (loss) carried forward14 | €317,261 | €362,432 | €335,361 | €645,373 | €699,507 | ▲ 8.4% |
| Amounts payable17/49 | €25,703 | €34,020 | €10,299 | €91,688 | €121,893 | ▲ 32.9% |
| Amounts payable after more than one year17 | €1,035 | €1,035 | €1,035 | €1,035 | €1,035 | = |
| Other amounts payable178/9 | €1,035 | €1,035 | €1,035 | €1,035 | €1,035 | = |
| Amounts payable within one year42/48 | €11,625 | €14,042 | €5,041 | €78,844 | €109,992 | ▲ 39.5% |
| Trade debts44 | €9,976 | €7,411 | €3,482 | €11,794 | €28,381 | ▲ 141% |
| Suppliers440/4 | €9,976 | €7,411 | €3,482 | €11,794 | €28,381 | ▲ 141% |
| Taxes, remuneration and social security45 | €149 | €5,131 | €60 | €65,549 | €80,111 | ▲ 22.2% |
| Taxes450/3 | €149 | €5,131 | €60 | €65,549 | €80,111 | ▲ 22.2% |
| Other amounts payable47/48 | €1,500 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Accrued charges and deferred income492/3 | €13,043 | €18,943 | €4,222 | €11,810 | €10,866 | ▼ 8.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,204 | €45,171 | -€27,071 | €310,012 | €54,135 | ▼ 82.5% |
| + Depreciation and write-downs630 | €13,560 | €11,407 | €13,857 | €8,843 | €8,966 | ▲ 1.4% |
| Operating cash flow (approximation) | €15,764 | €56,578 | -€13,214 | €318,855 | €63,101 | ▼ 80.2% |
| Investment in fixed assets (approximation) | - | -€23,889 | -€51,864 | €24,236 | €0 | ▼ 100% |
| Change in cash | - | €45,679 | -€51,488 | €113,383 | -€100,789 | ▼ 189% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 48 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €310,012
Net result €310,012 after one loss-making year.
31-12
Financial
Equity above €500,000Eq €734,641 ▲73%
Equity rises from €424,629 to €734,641.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 64.79
Current ratio from 29.58 to 64.79; short-term debt falls from €14,042 to €5,041.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 59 days late
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €15,117
Net result €15,117 after 2 loss-making years.
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 33.53
Current ratio from 13.13 to 33.53; short-term debt falls from €29,247 to €11,102.
Show earlier events
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 1991
Ground area
2.2 ha
Building footprint
8,358 m²
Volume, LiDAR
55,935 m³
2 parcels, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
36
companies at this address
See who is registered here
1 establishment unit
Chaussée de Fleurus 123, 6041 Charleroi
since 19912.052.884.541
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52028B0308/02B002 | Wallonia | 1.7 ha | 1 · 5,334 m² | 9.2 m · 3 fl. |
| 52028C0082/00X005 | Wallonia | 4,929 m² | 1 · 3,024 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- SOCIETE PATRIMONIALE A PORTEFEUILLE
- 3W.CONCEPT
Highest known parent: SOCIETE PATRIMONIALE A PORTEFEUILLE. The sources do not say who stands above it.
Owners 1
- 99.88%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 9,146 companies in sector 68201 we hold annual accounts for 6,770. 4,944 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
81100Combined facilities support activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0443823795
Also
9925:BE0443823795
Registered
12-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.