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Boulevard De Waterloo 38

Active
Public limited companyfounded 2017active for 8 yearsWaterloolaan 16, 1000 Brussel, BelgiumKBO/BCE: BE 0684.563.048
Summary

Boulevard De Waterloo 38 has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.8m and a net result of -€606,995. Equity has been growing by about 26% per year since 2019. Its solvency ranks better than 28% of 5,796 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 09-11-2017 Normal situation
Registered office
28 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201
Establishment unit
2.269.903.631 1000 Brussel, since 09-11-2017
Financial year end
30 June
Peppol
Reachable

Board and ownership

Board
Shareholders
  • Best Value Europe I Holdings S.à.r.l.annual accounts 30-06-2025

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-06-2025
Turnover
€1.5m
Loss
€606,995
▼ 11.1%
Equity
€4.8m
▲ 14.1%
Total assets
€33.0m
▼ 9.5%
Score breakdownraises riskLiquidity: current ratio 37.00, cash €692,821Equity €4.8m (14.5% of total assets)lowers riskSize: turnover €1.5m, total assets €33.0mSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 61% of medium-sized companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 39+3
equity 14.5% of total assets
Liquidity 53+1
short-term debt 0.1% · cash 2.1%
Profitability 51+25
return on assets -1.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,720 companies, NACE 68, medium-sized)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025highest value 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 37.0 (30.52 in 2024), above the usual 1.5. Short-term debt is 0.1% and cash 2.1% of total assets. However, 85.5% of the assets are financed with debt and provisions.
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, medium-sized). It does better than 35% of them on solvency, 75% on liquidity, 59% on profitability and 77% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €1.5m, total assets €33.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Liquidity: current ratio 37.00, cash €692,821
NBB · annual accounts
raises risk · Equity €4.8m (14.5% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-12-2025, 33 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
33 days early
2024
94 days early
2023
19 days early
2022
48 days early
2021
76 days early
2020
11 days early
2019
70 days early
← 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 50 days before 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 14 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 7 loss-making years in a rowloss in financial year 2025 -€606,995 View
  • Caution: Lower net result than 94% of companies in real estatesector median €20,538 · 5,803 companies -€606,995 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View
  • Board changedlatest change 09-03-2026 · 3 in office 1 joined · 1 left View

Recent changes

  1. · Gazette deed Resignation: Miroslav Lubomirov Stoev (director)Appointment: Avelouz Tan Cahilig (director)
  2. · Gazette deed Resignation: Miglena Simeonova (director)Appointment: Daniela Roca (director)
  3. · Gazette deed Capital increase of €1,200,000 to €12,773,100Reappointments: AELVOET, SAMAN & PARTNERS (statutory auditor) and MIROSLAV Stoev (director) · Permanent representative: Wendy Saman
All 18 events

Comparable companies

These companies have the same main activity as Boulevard De Waterloo 38: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €24m and €39m, founded between 2017 and 2019.

CompanyTotal assetsGross margin
Boulevard De Waterloo 38 Brussel€33.0m€1.3m
The Hype Watermaal-Bosvoorde€25.8m€1.9m
KANAM GRUND LE CORREGE Sint-Pieters-Woluwe€37.6m€1.8m
BBC RED Sint-Gillis (bij-Brussel)€24.0m€1.7m
CURALEASE Sprimont€39.2m€1.4m
Raven Investment Real Estate Antwerpen€23.8m€1.3m
HERKENRODE REAL ESTATE Hasselt€27.6m-
Full comparison

Key facts about Boulevard De Waterloo 38

What is the company number of Boulevard De Waterloo 38?
The company number of Boulevard De Waterloo 38 is 0684.563.048. The VAT number is the same number with BE in front: BE 0684.563.048.
Where is Boulevard De Waterloo 38 based?
The registered office is at Waterloolaan 16, 1000 Brussel.Company details
What does Boulevard De Waterloo 38 do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of Boulevard De Waterloo 38?
The legal form of Boulevard De Waterloo 38 is Public limited company (NV).
When was Boulevard De Waterloo 38 founded?
Boulevard De Waterloo 38 was founded on 09-11-2017.
Is Boulevard De Waterloo 38 still active?
Yes, Boulevard De Waterloo 38 is an active enterprise in the KBO register.
What is the turnover of Boulevard De Waterloo 38?
The turnover of Boulevard De Waterloo 38 was €1.5m in financial year 2025, according to the filed annual accounts.Financials
Is Boulevard De Waterloo 38 profitable?
In financial year 2025, Boulevard De Waterloo 38 made a loss of €606,995.
Where can I find the annual accounts of Boulevard De Waterloo 38?
Boulevard De Waterloo 38 filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Boulevard De Waterloo 38 due?
Boulevard De Waterloo 38 must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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