W84U
ActiveSummary
W84U has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.59M and a net result of €-17k. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 72% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability31▲+5
Solvency84▼-16
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 3.79 in 2024; short-term debt: 35% and cash: 1% of total assets), and 40.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.3%
Return on assets
-0.4%
Age of the figures
9 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
20 d early
2023
26 d early
2022
24 d early
2021
23 d early
2020
19 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2.59M▼ 0.7%
2024 · €2.61M
2019: €3.36Mhighest in 7 years
2020: €3.32M▼ -1.3% vs 2019
2021: €3.32M▼ -0.1% vs 2020
2022: €3.22M▼ -2.9% vs 2021
2023: €3.34M▲ +3.6% vs 2022
2024: €2.61M▼ -22.0% vs 2023
2025: €2.59M▼ -0.7% vs 2024lowest in 7 years
2019 → 2025
Total assets
€4.37M▲ 35.8%
2024 · €3.21M
2019: €4.27M
2020: €4.01M▼ -6.0% vs 2019
2021: €3.99M▼ -0.5% vs 2020
2022: €3.95M▼ -1.1% vs 2021
2023: €4.16M▲ +5.4% vs 2022
2024: €3.21M▼ -22.7% vs 2023lowest in 7 years
2025: €4.37M▲ +35.8% vs 2024highest in 7 years
2019 → 2025
Net result
€-17k▼ 0.8%
2024 · €-17k
2019: €821khighest in 7 years
2020: €103k▼ -87.5% vs 2019
2021: €-2k▼ -102% vs 2020
2022: €13k▲ +809% vs 2021
2023: €139k▲ +940% vs 2022
2024: €-17k▼ -112% vs 2023
2025: €-17k▼ -0.8% vs 2024lowest in 7 years
2019 → 2025
Working capital
€915k▼ 0.9%
2024 · €923k
2019: €1.23M
2020: €1.60M▲ +29.8% vs 2019
2021: €1.30M▼ -18.3% vs 2020
2022: €1.51M▲ +15.7% vs 2021
2023: €1.66M▲ +10.3% vs 2022highest in 7 years
2024: €923k▼ -44.6% vs 2023
2025: €915k▼ -0.9% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.32M-€3.22M▼ 2.9%€3.34M▲ 3.6%€2.61M▼ 22.0%€2.59M▼ 0.7%
2021: €3.32M
2022: €3.22M▼ -2.9% vs 2021
2023: €3.34M▲ +3.6% vs 2022highest in 5 years
2024: €2.61M▼ -22.0% vs 2023
2025: €2.59M▼ -0.7% vs 2024lowest in 5 years
Operating result€18k-€29k▲ 63.7%€-25k€2k€1k▼ 37.6%
2021: €18k
2022: €29k▲ +63.7% vs 2021highest in 5 years
2023: €-25k▼ -187% vs 2022lowest in 5 years
2024: €2k▲ +108% vs 2023
2025: €1k▼ -37.6% vs 2024
Net result€-2k-€13k€139k▲ 940%€-17k€-17k▼ 0.8%
2021: €-2k
2022: €13k▲ +809% vs 2021
2023: €139k▲ +940% vs 2022highest in 5 years
2024: €-17k▼ -112% vs 2023
2025: €-17k▼ -0.8% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.37M
Fixed assets
€1.92M ▼ 1.8%
Current assets
€2.44M ▲ 94.8%
Equity and liabilities €4.37M
Equity
€2.59M ▼ 0.7%
Provisions
€33k ▼ 7.7%
Debt
€1.74M ▲ 205%
Debt's share of the balance-sheet total rises from 17.8% to 39.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€37k▼
2024 · €38k
Cash flow
€19k▼
2024 · €19k
Current ratio
1.60▼
2024 · 3.79
Quick ratio
0.20▼
2024 · 1.04
Debt to equity
0.67▲
2024 · 0.22
ROE
-0.7%▼
2024 · -0.7%
ROA
-0.4%▲
2024 · -0.5%
Interest coverage
1.59▲
2024 · 0.99
Debt ≤ 1 year
€1.53M▲
2024 · €331k
Debt > 1 year
€214k▼
2024 · €239k
Income taxes
€1k▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.21M€4.37M▲
Fixed assets21/28€1.96M€1.92M▼
Tangible fixed assets22/27€555k€519k▼
Land and buildings22€535k€515k▼
Furniture and vehicles24€20k€4k▼
Financial fixed assets28€1.41M€1.41M=
Current assets29/58€1.25M€2.44M▲
Amounts receivable after more than one year29€5k€5k=
Other amounts receivable291€5k€5k=
Stocks and contracts in progress3€911k€2.13M▲
Stocks30/36€911k€2.13M▲
Amounts receivable within one year40/41€265k€237k▼
Trade receivables40€9k€13k▲
Other amounts receivable41€256k€223k▼
Current investments50/53€38€38=
Cash at bank and in hand54/58€44k€42k▼
Deferred charges and accrued income490/1€28k€27k▼
Equity and liabilities
Total equity and liabilities10/49€3.21M€4.37M▲
Equity10/15€2.61M€2.59M▼
Contributions10/11€100k€100k=
Reserves13€2.51M€2.50M▼
Tax-exempt reserves132€107k€99k▼
Distributable reserves133€2.40M€2.40M=
Profit (loss) carried forward14-€-9k
Provisions and deferred taxes16€36k€33k▼
Deferred taxes168€36k€33k▼
Amounts payable17/49€571k€1.74M▲
Amounts payable after more than one year17€239k€214k▼
Financial debts170/4€239k€214k▼
Amounts payable within one year42/48€331k€1.53M▲
Current portion of amounts payable after more than one year42€24k€24k▲
Financial debts43-€1.24M
Credit institutions430/8-€1.24M
Trade debts44€3k€41k▲
Suppliers440/4€3k€41k▲
Taxes, remuneration and social security45€12k€14k▲
Taxes450/3€12k€14k▲
Other amounts payable47/48€292k€209k▼
Accrued charges and deferred income492/3€1k€1k▼
Income statement
Code20242025
Non-recurring operating income76A€4k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€36k▼
Other operating charges640/8€8k€5k▼
Gross operating margin9900€47k€42k▼
Operating profit (loss)9901€2k€1k▼
Financial income75/76B€18k€3k▼
Recurring financial income75€18k€3k▼
Financial charges65/66B€39k€24k▼
Recurring financial charges65€39k€24k▼
Profit (loss) for the period before taxes9903€-19k€-19k▼
Transfer from deferred taxes780€3k€3k=
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€-17k€-17k▼
Transfer from tax-exempt reserves789€8k€8k=
Profit (loss) for the period to be appropriated9905€-9k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-9k▼
Transfer from equity791/2€725k-
Profit to be distributed694/7€716k-
Return on contributions (dividend)694€716k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €4k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €33k | €36k | €36k | €36k | ▼ 0.8% |
| Other operating charges640/8 | €4k | €4k | €10k | €8k | €5k | ▼ 44.7% |
| Gross operating margin9900 | €43k | €66k | €21k | €47k | €42k | ▼ 10.1% |
| Operating profit (loss)9901 | €18k | €29k | €-25k | €2k | €1k | ▼ 37.6% |
| Financial income75/76B | €17k | €20k | €243k | €18k | €3k | ▼ 81.1% |
| Recurring financial income75 | €17k | €19k | €20k | €18k | €3k | ▼ 81.1% |
| Non-recurring financial income76B | - | €1k | €223k | - | - | - |
| Financial charges65/66B | €20k | €31k | €12k | €39k | €24k | ▼ 39.1% |
| Recurring financial charges65 | €19k | €31k | €12k | €39k | €24k | ▼ 39.1% |
| Non-recurring financial charges66B | €1k | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €15k | €19k | €206k | €-19k | €-19k | ▼ 1.1% |
| Transfer from deferred taxes780 | €3k | €3k | €3k | €3k | €3k | = |
| Income taxes67/77 | €19k | €8k | €70k | €1k | €1k | ▼ 5.6% |
| Profit (loss) for the period9904 | €-2k | €13k | €139k | €-17k | €-17k | ▼ 0.8% |
| Transfer from tax-exempt reserves789 | €27k | €8k | €8k | €8k | €8k | = |
| Profit (loss) for the period to be appropriated9905 | €25k | €22k | €148k | €-9k | €-9k | ▼ 1.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.99M | €3.95M | €4.16M | €3.21M | €4.37M | ▲ 35.8% |
| Fixed assets21/28 | €2.33M | €2.34M | €1.99M | €1.96M | €1.92M | ▼ 1.8% |
| Tangible fixed assets22/27 | €591k | €620k | €585k | €555k | €519k | ▼ 6.5% |
| Land and buildings22 | €588k | €570k | €550k | €535k | €515k | ▼ 3.7% |
| Furniture and vehicles24 | €3k | €50k | €34k | €20k | €4k | ▼ 81.2% |
| Financial fixed assets28 | €1.74M | €1.72M | €1.41M | €1.41M | €1.41M | = |
| Current assets29/58 | €1.66M | €1.60M | €2.17M | €1.25M | €2.44M | ▲ 94.8% |
| Amounts receivable after more than one year29 | €505k | €505k | €505k | €5k | €5k | = |
| Other amounts receivable291 | €505k | €505k | €505k | €5k | €5k | = |
| Stocks and contracts in progress3 | €765k | €845k | €884k | €911k | €2.13M | ▲ 134% |
| Stocks30/36 | €765k | €845k | €884k | €911k | €2.13M | ▲ 134% |
| Amounts receivable within one year40/41 | €228k | €212k | €142k | €265k | €237k | ▼ 10.7% |
| Trade receivables40 | €16k | €15k | €13k | €9k | €13k | ▲ 47.2% |
| Other amounts receivable41 | €212k | €197k | €129k | €256k | €223k | ▼ 12.7% |
| Current investments50/53 | €38 | €38 | €425k | €38 | €38 | = |
| Cash at bank and in hand54/58 | €159k | €25k | €200k | €44k | €42k | ▼ 4.8% |
| Deferred charges and accrued income490/1 | €7k | €14k | €12k | €28k | €27k | ▼ 3.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.99M | €3.95M | €4.16M | €3.21M | €4.37M | ▲ 35.8% |
| Equity10/15 | €3.32M | €3.22M | €3.34M | €2.61M | €2.59M | ▼ 0.7% |
| Contributions10/11 | €100k | €100k | €100k | €100k | €100k | = |
| Reserves13 | €3.22M | €3.12M | €3.24M | €2.51M | €2.50M | ▼ 0.3% |
| Tax-exempt reserves132 | €132k | €124k | €116k | €107k | €99k | ▼ 7.7% |
| Distributable reserves133 | €3.09M | €3.00M | €3.12M | €2.40M | €2.40M | = |
| Profit (loss) carried forward14 | - | - | - | - | €-9k | - |
| Provisions and deferred taxes16 | €44k | €41k | €39k | €36k | €33k | ▼ 7.7% |
| Deferred taxes168 | €44k | €41k | €39k | €36k | €33k | ▼ 7.7% |
| Amounts payable17/49 | €628k | €680k | €780k | €571k | €1.74M | ▲ 205% |
| Amounts payable after more than one year17 | €267k | €586k | €263k | €239k | €214k | ▼ 10.2% |
| Financial debts170/4 | €267k | €586k | €263k | €239k | €214k | ▼ 10.2% |
| Amounts payable within one year42/48 | €360k | €92k | €505k | €331k | €1.53M | ▲ 362% |
| Current portion of amounts payable after more than one year42 | €313k | €23k | €324k | €24k | €24k | ▲ 1.3% |
| Financial debts43 | - | - | - | - | €1.24M | - |
| Credit institutions430/8 | - | - | - | - | €1.24M | - |
| Trade debts44 | €3k | €40k | €2k | €3k | €41k | ▲ 1,157% |
| Suppliers440/4 | €3k | €40k | €2k | €3k | €41k | ▲ 1,157% |
| Taxes, remuneration and social security45 | €28k | €29k | €17k | €12k | €14k | ▲ 15.6% |
| Taxes450/3 | €28k | €29k | €17k | €12k | €14k | ▲ 15.6% |
| Other amounts payable47/48 | €16k | - | €162k | €292k | €209k | ▼ 28.4% |
| Accrued charges and deferred income492/3 | €743 | €1k | €13k | €1k | €1k | ▼ 0.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €13k | €139k | €-17k | €-17k | ▼ 0.8% |
| + Depreciation and write-downs630 | €22k | €33k | €36k | €36k | €36k | ▼ 0.8% |
| Operating cash flow (approximation) | €20k | €46k | €175k | €19k | €19k | ▼ 2.2% |
| Investment in fixed assets (approximation) | - | €-50k | €319k | €-7k | €0 | ▲ 100% |
| Change in cash | - | €-134k | €175k | €-157k | €-2k | ▲ 98.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 17.41
Current ratio from 4.62 to 17.41; short-term debt falls from €360k to €92k.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 8current ratio 27.12
Current ratio from 3.28 to 27.12; short-term debt falls from €539k to €61k.
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vilvoorde · 1 establishment unit since 2006
Ground area
1.7 ha
Building footprint
1,372 m²
Volume, LiDAR
8,783 m³
Parcel 23643F0348/00C000, Flanders · tallest building 13.1 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
W84U
since 20062.181.490.012
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23643F0348/00C000 | Flanders | 1.7 ha | 1 · 1,372 m² | 13.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 207,472 EUR awarded · 6,673 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 33 EUR | 33 EUR |
| 2024 | 3 | 179,441 EUR | 6,470 EUR |
| 2023 | 3 | 27,828 EUR | 0 EUR |
| 2022 | 1 | 170 EUR | 170 EUR |
Schemes
Erfgoedpremie voor beschermde monumenten en landschappen - standaardprocedure
Onderzoekspremie voor beschermde monumenten en landschappen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
875500OV989DC3J3QX85
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 2,641 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
64210Activities of holding companies
66300Activities auxiliary to financial services and insurance activities
68110Buying and selling of own real estate
73300Public relations and communication consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.