Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 5.8 to 3.9.
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Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
WeWork Belgium from Brussel, company number BE0707629054, closed financial year 2025 with a result of € -576,941 after tax. For that financial year WeWork Belgium recorded a gross margin of € 68,930 and equity of € -14.7 million. Compared with financial year 2024, the result moved from € -4.3 million to € -576,941. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ -14.7 million
▲ € 673,059 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -576,941
▲ 86 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -20 million.
People and assets in 2025
3.9
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2,160
▼ 99% vs 2024
€ 600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 18.3 million
Loans from banks and other lenders, long and short.
€ 115
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1.2 million
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 54,059 | € -35,185 | € 73,460 | € 68,930 | ▼ 6% |
| Profit after taxes | € 36,480 | € -14,744,359 | € -4,269,068 | € -576,941 | ▲ € 3.7 million |
| Equity | € 3,610,702 | € -11,133,416 | € -15,402,457 | € -14,729,398 | ▲ € 673,059 |
| Total debts | € 20,230,960 | € 18,941,277 | € 22,120,348 | € 22,634,340 | ▲ 2% |
| Cash | € 565,249 | € 1,526,189 | € 684,075 | € 1,303,287 | ▲ 91% |
| Retained profit | € -416,353 | € -15,160,712 | € -19,429,780 | € -20,006,720 | ▼ € 576,941 |
| Bank debt | € 13,130,000 | € 17,401,866 | € 18,274,106 | € 18,348,616 | |
| Balance sheet total | € 23,841,662 | € 7,807,862 | € 6,717,890 | € 7,904,942 | ▲ 18% |
| Employees (FTE) | 5.6 | 5.8 | 4.8 | 3.9 | ▼ 0.9 |
Key figures of WeWork Belgium, 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 WeWork Belgium?
What happened at WeWork Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 576,941. Source: NBB ↗
- Rebecca Nachanakian became a director. NBB
- Claudio Andrés Hidalgo Sáez became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,480 profit in 2022 to € 576,941 loss in 2025.
Best year ever: 2022, with € 36,480 profit.
On average € 17,700 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind WeWork Belgium are Claudio Andrés Hidalgo Sáez and Rebecca Nachanakian. The shares are held by WeWork Companies (International) B.V. (100%). It owns 100% of 31 HANDELSSTRAAT TENANT itself.
Directors
According to the 2025 annual accounts
Claudio Andrés Hidalgo Sáez
Director
Also active at: 53 Belliardstraat Tenant, 31 Handelsstraat Tenant
since 2023
since 2024
Shareholders
WeWork Companies (International) B.V.
100%
Participations
Establishments
Establishment units
Physical locations of this company
Handelsstraat 31
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0707.629.054
- VAT number
- BE 0707.629.054
- Registered office
- Handelsstraat 31, 1000 Brussel
- Names & denominations
- WeWork Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 October 2018
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
Overige zakelijke dienstverlening, neg