Result
€139,898 €139,898
Back in profit in 2025, after a loss of €28,744 in 2024.
W123
Lifetime
16 annual accounts with figures on one time axis, 26 filings since 2000peak €363,884 (2017)
€261,952▲ 97.8%
lowest -€102,469 (2023)
€139,898▲ €168,642
peak €490,170 (2017)
€354,221▲ 63.5%
€1.9m▼ 2.3%
peak 0.4 FTE (2012)
-not published
Board3 names since 2015
2 directors and 1 other
Owners4 names in the annual accounts
Documentsfilings and deeds
02-08-20262 days late
2025micro format
Turnover from €179,853 to €226,401Gross margin from €132,420 to €261,952Back to profit: €139,898Equity from €216,594 to €354,221Cash from €112,406 to €593,044
Key points
from the 2025 annual accountsDebts
€1.9m 84% of the balance sheet
Financial debts 95%Suppliers 0%Other 4%
Of this, €53,672 falls due within a year.
Investments
€36,876 0.4 × depreciation
Green is investment, beige is depreciation.
Liquidity
12.22 was 8.39 in 2024
Short-term debts fell from €59,287 to €53,672.
Filings
26 annual accounts since 2000
Nine of the last ten came late. The 2023 accounts came latest: 31 days after the end of the period.
Position in the sector
€139,898
Higher net result than 93% of companies in real estate. Sector median €5,859 · 19,800 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,614 companies had the same profile as W123 has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,614 companies, not a prediction for W123. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director
Director, since 05-06-2018
- annual accounts 2016
- annual accounts 2016
- annual accounts 2016
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0466295034
Reappointments: (director) and (director)
General meeting of 06-06-2023 · Gazette deed
Registered office moved from Etterbeek to Woluwe-Saint-Pierre
New registered office: avenue des Cormorans 17, 1150 Woluwe-Saint-Pierre · Previous registered office: avenue des Nerviens, 123-1040 Etterbeek · Appointment: (managing director) · Gazette deed
Demerger: W123 splits off to SOCIETE DES COTELS
Capital decrease of €581,456 to €440,239 · Capital from €1,021,695 to €440,239 · General meeting of 31-07-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| W123 Woluwe-Saint-Pierre | €2.2m | €261,952 | 15.8% | - |
| OLDIMMO'S Uccle | €2.5m | €268,643 | 25.4% | - |
| ESMERALDA Saint-Josse-ten-Noode | €2.4m | €217,220 | 26.0% | 0.8 |
| AEDENA Ixelles | €2.3m | €336,711 | -6.4% | - |
| R-Investment Brussels | €2.7m | €243,468 | 22.0% | - |
| IMMO LUXUS Wijnegem | €2.4m | €264,612 | 43.0% | - |
| DKM SHOP Roeselare | €2.2m | €229,807 | 9.1% | - |
These companies have the same main activity as W123: 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 €2.2m and €2.7m, founded between 1996 and 2001.
Official details
Source: KBO- Status
- Active since 22-06-1999Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 2 others
- Establishment unit
- 2.092.235.4611150 Woluwe-Saint-Pierre, since 20-09-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Insights on W123
W123 files the micro format. That format states no turnover. The gross margin rose from €72,449 in 2010 to €261,952 in 2025.
In March 2023, the Official Gazette published the appointment of as managing director.
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 W123
- What is the company number of W123?
- The company number of W123 is 0466.295.034. The VAT number is the same number with BE in front: BE 0466.295.034.
- Where is W123 based?
- The registered office is at Waterraaflaan 17, 1150 Woluwe-Saint-Pierre.Company details
- What does W123 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 W123?
- W123 is a public limited company (NV).
- When was W123 founded?
- W123 was founded on 22-06-1999.
- Is W123 still active?
- Yes, W123 is an active enterprise in the KBO register.
- What is the turnover of W123?
- The turnover of W123 was €226,401 in financial year 2025, according to the filed annual accounts.Financials
- Is W123 profitable?
- In financial year 2025, W123 made a profit of €139,898.
- Where can I find the annual accounts of W123?
- W123 filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of W123 due?
- W123 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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