Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BW IMMO from Waterloo, company number BE0538697715, closed financial year 2025 with a result of € -200,979 after tax. For that financial year BW IMMO recorded revenue of € 144,514 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -125,514 to € -200,979. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 1.2 million
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -200,979
▼ 60 % more loss than in 2024
Profit after tax over the fiscal year.
€ 31,060
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 974,104.
Debts at end 2025
€ 1.2 million
▼ 13% vs 2024
€ 171,306 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 9,176
▲ 240% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.
€ 731
▼ 90% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 144,514 | |
| Gross margin | € 163,788 | € 1,478,425 | € 49,818 | - | |
| Profit after taxes | € 62,333 | € 1,087,959 | € -125,514 | € -200,979 | ▼ € 75,465 |
| Equity | € 233,098 | € 1,322,457 | € 1,446,943 | € 1,245,964 | ▼ 14% |
| Total debts | € 257,888 | € 17,400 | € 1,340,659 | € 1,170,633 | ▼ 13% |
| Cash | € 175,068 | € 425,892 | € 76,820 | € 31,060 | ▼ 60% |
| Land & buildings | € 178,444 | € 162,621 | € 1,857,046 | € 1,775,942 | ▼ 4% |
| Retained profit | € 214,498 | € 1,300,597 | € 1,175,083 | € 974,104 | ▼ 17% |
| Dividend | € 142,857 | € 0 | € 0 | € 0 | |
| Bank debt | € 147,659 | € 0 | € 1,326,000 | € 1,150,719 | ▼ 13% |
| Balance sheet total | € 490,986 | € 1,691,713 | € 3,128,870 | € 2,746,297 | ▼ 12% |
Key figures of BW IMMO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BW IMMO?
What happened at BW IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 200,979. Source: NBB ↗
- T'JEAN-MARCON SRL became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 62,333 profit in 2022 to € 200,979 loss in 2025.
Paid € 27,166 in corporate taxes since 2022.
Best year ever: 2023, with € 1.1 million profit.
Paid out € 142,857 in dividends to the owners in total.
Management
Behind BW IMMO is T'JEAN-MARCON SRL. T'JEAN-MARCON SRL is also behind MBS FUNERAL, ABS FUNERAL, VALE, BW FUNERAL and Radio Immo.
Directors
According to the 2025 annual accounts
Director · represented by T'JEAN Bénédicte
Also active at: MBS FUNERAL, ABS FUNERAL, VALE, BW FUNERAL, Radio Immo, Radio Neupré, SBT FUNERAL
since 2023
Establishments
Establishment units
Physical locations of this company
Chaussée de Bruxelles 231
1410 Waterloo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0538.697.715
- VAT number
- BE 0538.697.715
- Registered office
- Chaussée de Bruxelles 231, 1410 Waterloo
- Names & denominations
- BW IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 2013
- Peppol
- Active · Active since 20 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Uitvaartverzorging
Handel in eigen onroerend goed