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Louise 120

Active
Public limited companyfounded 1987active for 38 yearsTervurenlaan 242, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0432.808.654
Summary

The annual accounts of Louise 120 for financial year 2025 show a net loss of 138% of the equity at the start of that year. The 2025 annual accounts show equity of €5.9m and a net result of -€103,245. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 95% of 5,795 sector peers (NACE 68, financial year 2025). The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-12-1987 Normal situation
Registered office
23 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201
Establishment unit
2.032.833.354 1150 Sint-Pieters-Woluwe, since 21-01-1988
Financial year end
31 December
Peppol
Reachable since 10-12-2025

Board and ownership

Auditor
PwC Reviseurs d'Entreprises
Shareholders
  • Catella Real Estate AG, Belgian branchannual accounts 2025

Financial position

58 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€914,283
▼ 8.0%
Turnover
≈ €1.0m
estimated
Loss
€103,245
▼ 49.4%
Equity
€5.9m
▲ 78×
Total assets
€6.0m
▼ 2.8%
Equity +7,717%: capital increase
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearlowers riskSize: total assets €6.0mLiquidity: current ratio 40.12, cash €930,578Equity €5.9m (98.4% of total assets)Founded in 1987Show the evidence

Checked score

Score 2025
58 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 80% of small companies in real estate (NACE 68)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 100+74
equity 98.4% of total assets
Liquidity 70+1
short-term debt 0.5% · cash 15.6%
Profitability 39+8
return on assets -1.7%
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% (6,995 companies, NACE 68, small)
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 11-2025 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 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €340,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 40.12 (19.73 in 2024), above the usual 1.5. Short-term debt is 0.5% and cash 15.6% of total assets. 1.6% 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, small). It does better than 92% of them on solvency, 93% on liquidity, 38% on profitability and 99% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Six signals.
lowers riskneutral
lowers risk · Size: total assets €6.0m
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 · Liquidity: current ratio 40.12, cash €930,578
NBB · annual accounts
lowers risk · Equity €5.9m (98.4% of total assets)
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €5.9m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 days early
2024
42 days early
2023
47 days early
2022
80 days late
2021
60 days late
2020
37 days early
2019
32 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 9 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 June (4 of the last 5 accounts filed within 102 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 5 loss-making years in a rowloss in financial year 2025 -€103,245 View
  • Positive: Equity rose in 2025capital increase ▲ 78× View
  • Positive: Higher solvency than 95% of companies in real estatesector median 38.3% · 5,795 companies 98.4% View

Recent changes

  1. · Gazette deed Reappointment: PwC Réviseurs d'Entreprises (statutory auditor)
  2. · Gazette deed Capital increase of €5,900,000 to €6,146,916.50Reappointments: DE BAERE Frédéric (director) and DEBUE Jonathan (director)
  3. · Gazette deed Appointment: PwC Reviseurs d'Entreprises SRL (statutory auditor)
All 44 events

Comparable companies

These companies have the same main activity as Louise 120: 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 €4.8m and €6.7m, founded between 1988 and 1992.

CompanyTotal assetsGross margin
Louise 120 Sint-Pieters-Woluwe€6.0m€0.9m
STING RAY Sint-Jans-Molenbeek€5.7m€1.1m
Mundo Matongé Elsene€4.8m€0.8m
LA MAREE Ukkel€6.2m€0.8m
WAVE HOLDING Antwerpen€5.6m€0.9m
ARIBO Beringen€6.6m€0.9m
FINANCIERE DES GENETS Waterloo€6.7m€0.9m
Full comparison

Key facts about Louise 120

What is the company number of Louise 120?
The company number of Louise 120 is 0432.808.654. The VAT number is the same number with BE in front: BE 0432.808.654.
Where is Louise 120 based?
The registered office is at Tervurenlaan 242, 1150 Sint-Pieters-Woluwe.Company details
What does Louise 120 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 Louise 120?
The legal form of Louise 120 is Public limited company (NV).
When was Louise 120 founded?
Louise 120 was founded on 10-12-1987.
Is Louise 120 still active?
Yes, Louise 120 is an active enterprise in the KBO register.
What is the turnover of Louise 120?
The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €914,283 and 38 comparable companies (NACE 68201). It probably lies between €920,000 and €1.1m.Financials
Is Louise 120 profitable?
In financial year 2025, Louise 120 made a loss of €103,245.
Where can I find the annual accounts of Louise 120?
Louise 120 filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Louise 120 due?
Louise 120 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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