Result
€122,371 €122,371
Back in profit in 2025, after a loss of €162,441 in 2024.
BBW
Lifetime
7 annual accounts with figures on one time axispeak €202,987 (2025)
€202,987▲ €313,749
lowest -€162,441 (2024)
€122,371▲ €284,812
peak €119,807 (2023)
€79,737▲ €122,371
€270,949▲ 17.1%
peak 2.2 FTE (2019)
-not published
Board3 names since 2019
2 directorsNyco and 1 other
Documentsfilings and deeds
07-08-20267 days late
2025micro format
Gross margin from -€110,762 to €202,987Back to profit: €122,371Equity from -€42,634 to €79,737Debts from €231,324 to €270,949Investments €24,980Cash from €5,816 to €282,430
Key points
from the 2025 annual accountsDebts
€270,949 77% of the balance sheet
Suppliers 23%Taxes and wages 6%Other 71%
Investments
€24,980 2.0 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.14 was 0.69 in 2024
Short-term debts rose from €231,324 to €270,949.
Filings
7 annual accounts 5 late
The 2019 accounts came latest: 60 days after the end of the period.
Board
1 left
A director left. Latest change 10-07-2026 · 1 in office.
Checked score
96
Excellent
Financially stronger than 76% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.2%▼ -0.1 percentage points vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.3%▲ +0.1 percentage points vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025
09-2025: 0.6%▲ +0.1 percentage points vs 08-2025
10-2025: 2.1%▲ +1.5 percentage points vs 09-2025
11-2025: 2.1%● unchanged vs 10-2025
12-2025: 2.1%● unchanged vs 11-2025
01-2026: 2.1%● unchanged vs 12-2025
02-2026: 2.1%● unchanged vs 01-2026
03-2026: 2.1%● unchanged vs 02-2026
04-2026: 2.1%● unchanged vs 03-2026
05-2026: 2.1%● unchanged vs 04-2026
06-2026: 2.0%▼ -0.1 percentage points vs 05-2026
07-2026: 2.0%● unchanged vs 06-2026
08-2026: 2.6%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -2.5 percentage points vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 7 days late; 1 of the last 3 accounts late
lowers risk
Sector: Real estate activities (NACE 68)
Liquidity: current ratio 1.14, cash €282,430
Size: total assets €350,686
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 43% of them on solvency, 69% on liquidity, 95% on profitability and 96% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as BBW has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BBW itself is lower: 0.1% within 12 months. It rests on far more data about BBW than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for BBW. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.14 (0.69 in 2024), below the usual 1.5. Short-term debt is 77.3% and cash 80.5% of total assets. 77.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 7 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
7 days late
2024
43 days late
2023
37 days early
2022
48 days early
2021
51 days late
2020
45 days late
2019
60 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 7 August (4 of the last 5 accounts filed within 44 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Resignation: Coussement Marie-Sophie (director)
Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0722948720
Amendment of the articles · Legal-form change · Resignations & appointments
Resignation: Nyco (director) · Appointment: Nyco (director) · Permanent representative: FRINGS Nicolas · General meeting of 06-10-2023 · Gazette deed
2 directors appointed, 1 resignation
Resignation: Olivier Paquet · Appointments: Nyco and Marie-Sophie Coussement · Permanent representative: Nicolas Frings · General meeting of 14-09-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BBW Waterloo | €350,686 | €202,987 | 22.7% | - |
| AMELOT PROPERTIES Wavre | €316,953 | €262,205 | 48.6% | - |
| Alison Immo Messancy | €340,755 | €210,525 | 73.2% | - |
| EKKOFIN IMMO Mons | €357,845 | €208,247 | 48.4% | - |
| Casteels Vastgoed Merelbeke-Melle | €387,067 | €197,203 | 49.3% | - |
| Listings Antwerp | €340,059 | €184,999 | 56.0% | - |
| KEY CONSTRUCT Ternat | €366,893 | €239,699 | 47.1% | - |
These companies have the same main activity as BBW: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €317,000 and €387,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 20-03-2019Normal situation
- Activity
- Real estate agency activitiesNACE 68310and 1 other
- Joint committee
- 323Building management, estate agents and domestic staff · annual accounts 2024
- Establishment unit
- 2.290.391.7141410 Waterloo, since 20-03-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 24-02-2026
Annual accounts 2025
- ≈ €350,000estimated
- €350,686▲ 85.9%
- ≈ 1 FTEestimated
- Filing
- Filed on 07-08-2026
Insights on BBW
BBW files the micro format. That format states no turnover. The gross margin rose from €73,006 in 2019 to €202,987 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BBW
- What is the company number of BBW?
- The company number of BBW is 0722.948.720. The VAT number is the same number with BE in front: BE 0722.948.720.
- Where is BBW based?
- The registered office is at Drève Richelle 118, 1410 Waterloo.Company details
- What does BBW do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of BBW?
- BBW is a private limited company (BV).
- When was BBW founded?
- BBW was founded on 20-03-2019.
- Is BBW still active?
- Yes, BBW is an active enterprise in the KBO register.
- How many employees does BBW have?
- BBW had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does BBW fall under?
- In its 2024 annual accounts, BBW states joint committee 323 (Building management, estate agents and domestic staff).
- What is the turnover of BBW?
- The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €202,987 and 32 comparable companies (NACE 68310). It probably lies between €290,000 and €550,000.
- Is BBW profitable?
- In financial year 2025, BBW made a profit of €122,371.
- Where can I find the annual accounts of BBW?
- BBW filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BBW due?
- BBW must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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