Parent and group
- WorxInvest100%
- WorxInvest Subholding87.5%
- WorxInvest Holding100%
WorxEstate
ActiveFrom the official registers: KBO 22 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
WorxEstate has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41.7m and a net result of -€1.3m. Equity has been growing by about 141% per year since 2018. Its solvency ranks better than 49% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 13-10-2003 Normal situation
- Legal form
- Public limited company
- Registered office
- Brouwersvliet 29, 2000 Antwerpen
- Activity
- Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 3 others
- Establishment units
- 2.287.365.809 2800 Mechelen, since 28-03-2019
- 2.372.443.519 2000 Antwerpen, since 01-12-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2025
Board and ownership
Board
- ndb.finance BVChair · permanent representative Nils De Bremaeker
- Sagmarius BVManaging director · permanent representative Cedric Dierckx
- Fabienne LallemandDirector · since 01-01-2022
- TO BE PROJECTSDirector · permanent representative Brigitte Boone
- SJONGERSDirector · permanent representative Peter s'Jongers
Shareholders
- Holdings
- Shares in 2 companies Malinas Offices and J. ZINNER
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Turnover
- €9.5m
- ▲ 61.3%
- Loss
- €1.3m
- Equity
- €41.7m
- ▼ 3.0%
- Total assets
- €111.7m
- ▼ 9.8%
- Staff
- 2.5 FTE
- ▲ 25.0%
2025 accounts filed 45 days before the deadline
Filed on 16-06-2026at the National Bank
Score breakdownraises riskLoss of €1.3m (financial year 2025)lowers riskSize: turnover €9.5m, 2.5 FTE, total assets €111.7mFounded in 2003Legal form: public limited companyShow the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency
62+2
equity 37.3% of total assets
Liquidity
57+25
short-term debt 4.4% · cash 5.6%
Profitability
56-5
return on assets -1.1%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.1%▼ -0.1 percentage points vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.2 percentage points vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026highest value
07-2026: 0.1%▼ -0.3 percentage points vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €900,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.1 (0.42 in 2024), above the usual 1.5. Short-term debt is 4.4% and cash 5.6% of total assets. However, 62.7% 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 55% of them on solvency, 68% on liquidity, 46% on profitability and 64% 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).
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Signals
Five signals.
lowers riskraises riskneutral
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 days early
2024
42 days early
2023
29 days early
2022
33 days early
2021
31 days early
2020
30 days early
2019
38 days early
← 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 35 days before 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 28 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Caution: From profit to loss in 2025after a profit of €178,861 in 2024 -€1.3m View
- Caution: Lower net result than 95% of companies in real estatesector median €20,550 · 5,796 companies -€1.3m View
- Positive: 4 years of growth in a rowturnover 2025: €9.5m 4 years View
- Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View
- New directorlatest change 22-07-2026 · 5 in office 1 joined View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 16-06-2026
- Annual accounts 2024filed on 19-06-2025
- Annual accounts 2023filed on 02-07-2024
- Annual accounts 2022filed on 28-06-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 22-07-2026
- Amendment of the articles · Nameact of 28-08-2025
- Resignations & appointmentsact of 04-12-2024
- Resignations & appointmentsact of 26-08-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about WorxEstate
- What is the company number of WorxEstate?
- The company number of WorxEstate is 0861.022.775. The VAT number is the same number with BE in front: BE 0861.022.775.
- Where is WorxEstate based?
- The registered office is at Brouwersvliet 29, 2000 Antwerpen.Company details
- What does WorxEstate do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of WorxEstate?
- The legal form of WorxEstate is Public limited company (NV).
- When was WorxEstate founded?
- WorxEstate was founded on 13-10-2003.
- Is WorxEstate still active?
- Yes, WorxEstate is an active enterprise in the KBO register.
- How many employees does WorxEstate have?
- WorxEstate had an average of 2.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of WorxEstate?
- The turnover of WorxEstate was €9.5m in financial year 2025, according to the filed annual accounts.
- Is WorxEstate profitable?
- In financial year 2025, WorxEstate made a loss of €1.3m.
- Where can I find the annual accounts of WorxEstate?
- WorxEstate filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of WorxEstate due?
- WorxEstate must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Companies linked to WorxEstate
Subsidiaries and holdings
- Malinas Offices50%
- J. ZINNER19.99%
Comparable companies
These companies have the same main activity as WorxEstate: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €135m and €165m, founded between 1978 and 2013.
| Company | Total assets | Turnover |
|---|---|---|
| WorxEstate Antwerpen | €111.7m | €9.5m |
| Bermaso Schilde | €165.5m | €7.5m |
| IMMO EURO Roeselare | €134.6m | €5.5m |
| Q-PARK REAL ESTATE BELGIUM Zaventem | €137.8m | €11.2m |
| Alkimmo Antwerpen | €160.6m | €14.1m |
| KALLO INDUSTRIES Antwerpen | €134.6m | €21.8m |
| WILLY TANS Sint-Lambrechts-Woluwe | €157.5m | €8.6m |
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