What does WeWork Belgium do?

WeWork Belgium is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”, a code that says little about what the company actually does. Private Limited, started on 2 October 2018, 1 establishment.

What is the address of WeWork Belgium?

The registered office of WeWork Belgium is located at Handelsstraat 31, 1000 Brussel.

Is WeWork Belgium still active?

Yes. According to the CBE (31 October 2026) WeWork Belgium is active, legal situation “Normale toestand”, started on 2 October 2018.

Is WeWork Belgium registered on Peppol?

Yes, WeWork Belgium is registered on the Peppol network with ID 0208:0707629054.

What is the enterprise number of WeWork Belgium?

The enterprise number of WeWork Belgium is BE0707629054.

When was WeWork Belgium founded?

WeWork Belgium was founded on 2 October 2018.

Who are the directors of WeWork Belgium?

According to the 2025 annual accounts, the directors of WeWork Belgium are: Claudio Andrés Hidalgo Sáez, Rebecca Nachanakian.

Is WeWork Belgium a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 October 2018; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did WeWork Belgium make in 2025?

WeWork Belgium recorded a loss after taxes of € 576,941 in financial year 2025.

What is the revenue of WeWork Belgium?

As a small company, WeWork Belgium is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 68,930.

How much does an employee at WeWork Belgium earn?

The average wage cost per full-time employee at WeWork Belgium was € 600 in 2025: staff costs of € 2,160 for 3.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does WeWork Belgium have?

According to the 2025 annual accounts, WeWork Belgium has 3.9 full-time equivalents (FTE).

WeWork Belgium (Private Limited) - Brussel - BE0707629054

Dossier WeWork Belgium, printed on 1 November 2026 from databakkes.be/en/0707629054/wework-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 %.
Shrinking team NBB

FTE fell two years in a row, from 5.8 to 3.9.
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.

What it is worth Caution

€ -14.7 million

▲ € 673,059 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -576,941

▲ 86 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.3 million

▲ 91% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -20 million.

People and assets in 2025

Full-time equivalents

3.9

▼ 0.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 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

Bank debt

€ 18.3 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 115

▼ 99% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 1.2 million

▼ 17% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 54,059 Gross margin 2022: € 54,059 First fiscal year in the series	€ -35,185 Gross margin 2023: € -35,185 ▼ € 89,244 vs 2022 (€ 54,059) Unfavourable step	€ 73,460 Gross margin 2024: € 73,460 ▲ € 108,645 vs 2023 (€ -35,185) Favourable step	€ 68,930 Gross margin 2025: € 68,930 ▼ 6% vs 2024 (€ 73,460) Unfavourable step	▼ 6%
Profit after taxes	€ 36,480 Profit after taxes 2022: € 36,480 First fiscal year in the series	€ -14,744,359 Profit after taxes 2023: € -14,744,359 ▼ € 14.8 million vs 2022 (€ 36,480) Unfavourable step	€ -4,269,068 Profit after taxes 2024: € -4,269,068 ▲ € 10.5 million vs 2023 (€ -14,744,359) Favourable step	€ -576,941 Profit after taxes 2025: € -576,941 ▲ € 3.7 million vs 2024 (€ -4,269,068) Favourable step	▲ € 3.7 million
Equity	€ 3,610,702 Equity 2022: € 3,610,702 First fiscal year in the series	€ -11,133,416 Equity 2023: € -11,133,416 ▼ € 14.7 million vs 2022 (€ 3,610,702) Unfavourable step	€ -15,402,457 Equity 2024: € -15,402,457 ▼ € 4.3 million vs 2023 (€ -11,133,416) Unfavourable step	€ -14,729,398 Equity 2025: € -14,729,398 ▲ € 673,059 vs 2024 (€ -15,402,457) Favourable step	▲ € 673,059
Total debts	€ 20,230,960 Total debts 2022: € 20,230,960 First fiscal year in the series	€ 18,941,277 Total debts 2023: € 18,941,277 ▼ 6% vs 2022 (€ 20,230,960) Favourable step	€ 22,120,348 Total debts 2024: € 22,120,348 ▲ 17% vs 2023 (€ 18,941,277) Unfavourable step	€ 22,634,340 Total debts 2025: € 22,634,340 ▲ 2% vs 2024 (€ 22,120,348) Unfavourable step	▲ 2%
Cash	€ 565,249 Cash 2022: € 565,249 First fiscal year in the series	€ 1,526,189 Cash 2023: € 1,526,189 ▲ 170% vs 2022 (€ 565,249) Favourable step	€ 684,075 Cash 2024: € 684,075 ▼ 55% vs 2023 (€ 1,526,189) Unfavourable step	€ 1,303,287 Cash 2025: € 1,303,287 ▲ 91% vs 2024 (€ 684,075) Favourable step	▲ 91%
Retained profit	€ -416,353 Retained profit 2022: € -416,353 First fiscal year in the series	€ -15,160,712 Retained profit 2023: € -15,160,712 ▼ € 14.7 million vs 2022 (€ -416,353) Unfavourable step	€ -19,429,780 Retained profit 2024: € -19,429,780 ▼ € 4.3 million vs 2023 (€ -15,160,712) Unfavourable step	€ -20,006,720 Retained profit 2025: € -20,006,720 ▼ € 576,941 vs 2024 (€ -19,429,780) Unfavourable step	▼ € 576,941
Bank debt	€ 13,130,000 Bank debt 2022: € 13,130,000 First fiscal year in the series	€ 17,401,866 Bank debt 2023: € 17,401,866 ▲ 33% vs 2022 (€ 13,130,000) Unfavourable step	€ 18,274,106 Bank debt 2024: € 18,274,106 ▲ 5% vs 2023 (€ 17,401,866) Unfavourable step	€ 18,348,616 Bank debt 2025: € 18,348,616 Unchanged (€ 18,274,106) Unfavourable step
Balance sheet total	€ 23,841,662 Balance sheet total 2022: € 23,841,662 First fiscal year in the series	€ 7,807,862 Balance sheet total 2023: € 7,807,862 ▼ 67% vs 2022 (€ 23,841,662) Unchanged	€ 6,717,890 Balance sheet total 2024: € 6,717,890 ▼ 14% vs 2023 (€ 7,807,862) Unchanged	€ 7,904,942 Balance sheet total 2025: € 7,904,942 ▲ 18% vs 2024 (€ 6,717,890) Unchanged	▲ 18%
Employees (FTE)	5.6 Employees (FTE) 2022: 5.6 First fiscal year in the series	5.8 Employees (FTE) 2023: 5.8 ▲ 0.2 vs 2022 (5.6) Unchanged	4.8 Employees (FTE) 2024: 4.8 ▼ 1 vs 2023 (5.8) Unchanged	3.9 Employees (FTE) 2025: 3.9 ▼ 0.9 vs 2024 (4.8) Unchanged	▼ 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:

Jul 13, 2026 New annual accounts for financial year 2025: loss of € 576,941. Source: NBB ↗
2024 Rebecca Nachanakian became a director. NBB
2023 Claudio Andrés Hidalgo Sáez became a director. NBB
Oct 2, 2018 New establishment in Brussel. KBO
Oct 2, 2018 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.

Original PDFs at the National Bank ↗

Management

WeWork Companies (International) B.V. 100%

WeWork Belgium

31 HANDELSSTRAAT TENANT 100%

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

Rebecca Nachanakian

Director

Also active at: 31 Handelsstraat Tenant

since 2024

Shareholders

WeWork Companies (International) B.V.

100%

Participations

31 HANDELSSTRAAT TENANT

100%

Establishments

Establishment units

Physical locations of this company

Registered office

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.

All companies at this address →

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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

View on CBE Public ↗ Annual accounts (NBB) ↗