WH ARTS 20
ActiveSummary
WH ARTS 20 has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.0m and a net result of -€305,750. Equity has been shrinking by about 9.2% per year since 2018. Its solvency ranks better than 31% of 5,796 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Official details
Source: KBO- Status
- Active since 14-07-2006 Normal situation
- Registered office
- 39 active companies are registered at this address Source: KBO register, as of 2 November 2026.
- Activity
- Buying and selling of own real estate NACE 68110and 1 other
- Joint committee
- 323 Paritair Comité voor het beheer van gebouwen, de vastgoedmakelaars en de dienstboden · annual accounts 2022
- Establishment unit
- 2.156.055.622 1000 Brussel, since 11-09-2006
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
Board
- Françoise BelfroidDirector
- Eddy VandezandeDirector · since 19-06-2024
- Thomas ScorierDirector · since 19-06-2024
- Auditor
- EY Réviseurs d'Entreprises SRL
Shareholders
- Finma SARLconsolidatesannual accounts 2019
- CAISSE NATIONALE PATRONALE POUR LES CONGES PAYES DANS L'INDUSTRIE DU BATIMENT ET DES TRAVAUX PUBLICS NATIONALE PATROONSKAS VOOR HET BETAALD VERLOF IN DE BOUWBE46.5%· score 90annual accounts 2025
- Patronale Dienst voor Organisatie en Kontrole van de Bestaanszekerheidsstelsels - Office patronal d'Organisation et de Côtrole des Régimes de Séc. d'Exis.46.5%· score 93annual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
Annual accounts 2025
- Gross margin
- €2.0m
- ▲ 10.3%
- Turnover
- ≈ €2.5m
- estimated
- Loss
- €305,750
- ▼ 63.3%
- Equity
- €5.0m
- ▼ 5.8%
- Total assets
- €27.6m
- ▼ 1.0%
- Employees on 31-12-2025
- 2
- =
- €14,653 of overdue tax debts on 31-12-2025
Net result +63%: other schema
Score breakdownraises riskLiquidity: current ratio 0.06, cash €655,7521 of the last 3 accounts lateEquity €5.0m (18.0% of total assets)lowers riskSize: 2 FTE, total assets €27.6mShow the evidence
Checked score
Score 2025
80
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 30% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency
43-1
equity 18.0% of total assets
Liquidity
28+1
short-term debt 49.4% · cash 2.4%
Profitability
34+10
return on assets -1.1%
Bankruptcy probability within 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.5%▲ +0.1 percentage points vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▲ +0.2 percentage points vs 07-2025
09-2025: 1.0%▲ +0.2 percentage points vs 08-2025highest value
10-2025: 0.6%▼ -0.4 percentage points vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.7%▲ +0.1 percentage points vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.5%▼ -0.2 percentage points vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Credit of up to €390,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.06 (0.03 in 2024), below 1. Short-term debt is 49.4% and cash 2.4% of total assets. 82% 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, micro). It does better than 38% of them on solvency, 22% on liquidity, 29% on profitability and 33% 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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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€305,750
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 days early
2024
35 days late
2023
7 days early
2022
91 days late
2021
19 days early
2020
17 days early
2019
4 days late
← 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 12 days after 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 29 July (4 of the last 5 accounts filed within 37 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Recent changes
- · Gazette deed Resignation: Jef (Jozef) Lembrechts (director)Reappointments: Eddy Vandezande (director) and Thomas Scorier (director) · Appointments: Karl Neyrinck (director) and Marc Jonckheere (director)
- · Gazette deed Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)
- · Gazette deed Amendment of the articles
Companies linked to WH ARTS 20
Comparable companies
These companies have the same main activity as WH ARTS 20: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €19m and €41m, founded between 1997 and 2010.
| Company | Total assets | Gross margin |
|---|---|---|
| WH ARTS 20 Brussel | €27.6m | €2.0m |
| Vander Elst Vastgoed Brussel | €41.3m | €3.5m |
| PROJECT PELIKAANSTRAAT Antwerpen | €23.7m | €1.6m |
| 3 SQUARE Gent | €19.1m | €1.8m |
| FIDES INVEST Antwerpen | €27.5m | €0.7m |
| IMMO GEM INVEST Antwerpen | €35.9m | €3.2m |
| VAN HYFTE INVEST Blankenberge | €36.9m | €2.9m |
Key facts about WH ARTS 20
- What is the company number of WH ARTS 20?
- The company number of WH ARTS 20 is 0882.868.957. The VAT number is the same number with BE in front: BE 0882.868.957.
- Where is WH ARTS 20 based?
- The registered office is at Kunstlaan 20, 1000 Brussel.Company details
- What does WH ARTS 20 do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of WH ARTS 20?
- The legal form of WH ARTS 20 is Public limited company (NV).
- When was WH ARTS 20 founded?
- WH ARTS 20 was founded on 14-07-2006.
- Is WH ARTS 20 still active?
- Yes, WH ARTS 20 is an active enterprise in the KBO register.
- How many employees does WH ARTS 20 have?
- WH ARTS 20 had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does WH ARTS 20 fall under?
- In its 2022 annual accounts, WH ARTS 20 states joint committee 323 (Paritair Comité voor het beheer van gebouwen, de vastgoedmakelaars en de dienstboden).
- What is the turnover of WH ARTS 20?
- The turnover in financial year 2025 is ≈ €2.5m. This figure is estimated from the gross margin of €2.0m and 39 comparable companies (NACE 681). It probably lies between €2.0m and €5.8m. In financial year 2020 turnover was €361,989.
- Is WH ARTS 20 profitable?
- In financial year 2025, WH ARTS 20 made a loss of €305,750.
- Where can I find the annual accounts of WH ARTS 20?
- WH ARTS 20 filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WH ARTS 20 due?
- WH ARTS 20 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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