Losses
-€6,540 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
W3i
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 2000Gross marginpeak €126,316 (2011)
€18,354▲ 2.8%
Resultlowest -€24,986 (2008)
-€2,941▲ €658
Equitypeak €176,442 (2019)
€165,181▼ 1.7%
Debts
€7,707▼ 66.7%
Board1 name since 2021
1 directorWOUTERMAERTENS Wim
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Loss of €2,941Debts from €23,176 to €7,707Cash from €395 to €759
Key points
from the 2025 annual accountsChecked score
69
Healthy
Financially stronger than 51% of micro companies without a NACE code
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%lowest value
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.7%▲ +0.1 percentage points vs 05-2025
07-2025: 0.9%▲ +0.2 percentage points vs 06-2025
08-2025: 1.3%▲ +0.4 percentage points vs 07-2025
09-2025: 1.5%▲ +0.2 percentage points vs 08-2025
10-2025: 0.8%▼ -0.7 percentage points vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.9%▲ +0.1 percentage points vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 1.1%▲ +0.2 percentage points vs 05-2026
07-2026: 1.1%● unchanged vs 06-2026
08-2026: 1.8%▲ +0.7 percentage points vs 07-2026
09-2026: 2.1%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 0.7%▼ -1.4 percentage points vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 61 days late; 2 of the last 3 accounts late
Liquidity: current ratio 0.35, cash €759
lowers risk
Size: total assets €172,888
Founded in 1999
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 (no NACE code, micro). It does better than 81% of them on solvency, 41% on liquidity, 44% on profitability and 39% on growth.
The bankruptcy probability was computed on 05-11-2026 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 low class on 30-06-2025, 0.8% 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, 12,322 companies had the same profile as W3i has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of W3i itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,446 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 12,322 companies, not a prediction for W3i. 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 €11,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.35 (0.31 in 2024), below 1. Short-term debt is 2.6% and cash 0.4% of total assets. 4.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 · 10 filingsDeviation from the deadline
2025
61 days late
2024
28 days late
2023
107 days late
2022
28 days late
2021
30 days late
2020
26 days late
2019
54 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 48 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 30 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0466285829
Change of role: WOUTERMAERTENS Wim, from manager to statutory director
“4) Het organiseren van tentoonstellingen en kunstgalerijen.” (deed in Dutch) · General meeting of 12-12-2023 · Gazette deed
Incorporation
published on 29-06-1999 · Gazette deed
First establishment
Berenbroekstraat 50, Hasselt
Official details
Source: KBO- Status
- Active since 17-06-1999Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.296.518.3523500 Hasselt, since 17-06-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 03-10-2025
Insights on W3i
W3i files the micro format. That format states no turnover. The gross margin fell from €80,711 in 2006 to €18,354 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 W3i
- What is the company number of W3i?
- The company number of W3i is 0466.285.829. The VAT number is the same number with BE in front: BE 0466.285.829.
- Where is W3i based?
- The registered office is at Berenbroekstraat 50, 3500 Hasselt.Company details
- What is the legal form of W3i?
- W3i is a private limited company (BV).
- When was W3i founded?
- W3i was founded on 17-06-1999.
- Is W3i still active?
- Yes, W3i is an active enterprise in the KBO register.
- What is the turnover of W3i?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €18,354 and 6,313 comparable companies of the same size. It probably lies between €64,000 and €340,000. It is a rough estimate.Financials
- Is W3i profitable?
- In financial year 2025, W3i made a loss of €2,941.
- Where can I find the annual accounts of W3i?
- W3i filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of W3i due?
- W3i must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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