From the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette
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 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 31-10-2026 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).
Show the recommended maximum and see how the verdict changes with amount, term and advance.
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.
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 |
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.