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IWG Belgium

Active
Private limited companyfounded 2017active for 8 yearsLouizalaan 65, 1050 Brussel, BelgiumKBO/BCE: BE 0684.979.356
Summary

The computed 12-month bankruptcy probability of IWG Belgium is 6.5% (elevated). The 2024 annual accounts show equity of €21,073 and a net result of €1,416. Equity has been growing by about 9.9% per year since 2018. Its solvency ranks better than 11% of 2,287 sector peers (NACE 82, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 24-11-2017 Normal situation
Registered office
466 active companies are registered at this address 30 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
Office administrative, office support and other business support activities NACE 82910and 1 other
Establishment unit
2.270.486.126 1050 Brussel, since 01-01-2018
Financial year end
31 December
Peppol
Reachable since 13-10-2026

Board and ownership

Board
  • BLAIR Lynsey AnnDirector · since 01-03-2020
Auditor
KPMG Bedrijfsrevisoren BV/SRL
Shareholders
  • REGUS BUSINESS CENTREannual accounts 2024
  • INTERNATIONAL WORKPLACE GROUP PLCannual accounts 2024
  • IWG International Holdings Sàrlannual accounts 2024

Financial position

33 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.5%
Annual accounts 2024
Turnover
€2,454
▼ 50.5%
Profit
€1,416
▼ 70.7%
Equity
€21,073
▲ 7.2%
Total assets
€1.4m
▲ 4.7%
  • 2025 accounts not filed, 94 days past the deadline
Filed on 24-08-2026
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 389 days late; 3 of the last 3 accounts lateLiquidity: current ratio 1.02Figures for financial year 2024 (filed on 29-08-2026)lowers riskSector: Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 17% of micro companies in office administrative support (NACE 82)
Financial strength · tick: 2023
Weak
Solvency 27=
equity 1.5% of total assets
Liquidity 0=
short-term debt 98.5%
Profitability 38=
return on assets 0.1%
Bankruptcy probability within 12 months
6.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,670 companies, NACE 82, micro)
Last 24 months 12-2024: 6.0% 01-2025: 3.8%▼ -2.2 percentage points vs 12-2024 02-2025: 3.8%● unchanged vs 01-2025 03-2025: 3.9%▲ +0.1 percentage points vs 02-2025 04-2025: 3.9%● unchanged vs 03-2025 05-2025: 3.9%● unchanged vs 04-2025 06-2025: 3.6%▼ -0.3 percentage points vs 05-2025 07-2025: 3.3%▼ -0.3 percentage points vs 06-2025lowest value 08-2025: 3.8%▲ +0.5 percentage points vs 07-2025 09-2025: 4.5%▲ +0.7 percentage points vs 08-2025 10-2025: 6.3%▲ +1.8 percentage points vs 09-2025 11-2025: 6.3%● unchanged vs 10-2025 12-2025: 6.7%▲ +0.4 percentage points vs 11-2025 01-2026: 7.3%▲ +0.6 percentage points vs 12-2025 02-2026: 7.3%● unchanged vs 01-2026 03-2026: 7.4%▲ +0.1 percentage points vs 02-2026 04-2026: 6.7%▼ -0.7 percentage points vs 03-2026 05-2026: 6.7%● unchanged vs 04-2026 06-2026: 6.6%▼ -0.1 percentage points vs 05-2026 07-2026: 6.6%● unchanged vs 06-2026 08-2026: 8.2%▲ +1.6 percentage points vs 07-2026highest value 09-2026: 4.8%▼ -3.4 percentage points vs 08-2026 10-2026: 6.5%▲ +1.7 percentage points vs 09-2026 11-2026: 6.5%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
Liquidity is tight, with a current ratio of 1.02 (1.02 in 2023), below the usual 1.5. Short-term debt is 98.5% of total assets. 98.5% 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 82, micro). It does better than 14% of them on solvency, 0% on liquidity, 22% on profitability and 31% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 389 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 1.02
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed on 29-08-2026)
NBB · annual accounts
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 2287 sector peers (2024).
NBB · sector comparison
Position among 2287 sector peers
Solvency
better than 11%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 7 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 389 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-08-2026, 389 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 7 filings
Deviation from the deadline
2025
not filed
2024
389 days late
2023
678 days late
2022
152 days late
2021
160 days late
2020
174 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 264 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 88% of companies in office administrative supportsector median 43.9% · 2,287 companies 1.5% View

Recent changes

  1. · Gazette deed Permanent representatives: Paul DREEZEN and Christophe HABETS
  2. · Gazette deed Permanent representatives: Dieter VANLOOCK and Christophe HABETS
  3. · Gazette deed Permanent representative: Dieter VanloockReappointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
All 15 events

Comparable companies

These companies have the same main activity as IWG Belgium: office administrative, office support and other business support activities (NACE 82910). They are comparable in size and age: total assets between €164,000 and €3.5m, founded between 1993 and 2016.

CompanyTotal assetsGross margin
IWG Belgium Brussel€1.4m€0.001m
QUOTUM Hooglede€0.8m€0.007m
CEFIMA Waregem€3.5m-€0.04m
Collection Attorneys Europe Antwerpen€1.3m€0.01m
AUGEO Liège€3.2m-€0.005m
CROGEN Knokke-Heist€0.2m-€0.03m
NEL Consulting Villers-la-Ville€0.3m€0.06m
Full comparison

Key facts about IWG Belgium

What is the company number of IWG Belgium?
The company number of IWG Belgium is 0684.979.356. The VAT number is the same number with BE in front: BE 0684.979.356.
Where is IWG Belgium based?
The registered office is at Louizalaan 65, 1050 Brussel.Company details
What does IWG Belgium do?
According to the KBO register, the main activity is office administrative, office support and other business support activities (NACE 82910).
What is the legal form of IWG Belgium?
The legal form of IWG Belgium is Private limited company (BV).
When was IWG Belgium founded?
IWG Belgium was founded on 24-11-2017.
Is IWG Belgium still active?
Yes, IWG Belgium is an active enterprise in the KBO register.
What is the turnover of IWG Belgium?
The turnover of IWG Belgium was €2,454 in financial year 2024, according to the filed annual accounts.Financials
Is IWG Belgium profitable?
In financial year 2024, IWG Belgium made a profit of €1,416.
Where can I find the annual accounts of IWG Belgium?
IWG Belgium filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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