AS Works BE
ActiveThe computed 12-month bankruptcy probability of AS Works BE is 2.9% (moderate). The 2024 annual accounts show equity of €14k and a net result of €12k. Its solvency ranks better than 62% of 5898 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability100
Solvency91
Growth-
Stability79
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.77), and 46.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
53.1%
Return on assets
43.6%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2024
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€14k
Total assets
€26k
Net result
€12k
Working capital
€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €26k
Fixed assets
€5k
Current assets
€22k
Equity and liabilities €26k
Equity
€14k
Debt
€12k
Debt finances 46.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€17k
Cash flow
€12k
Solvency
53.1%
Current ratio
1.77
Quick ratio
1.77
Debt / equity
0.88
ROE
82.2%
ROA
43.6%
Interest coverage
12.67
Debt
€12k
Debt ≤ 1 year
€12k
Income taxes
€3k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€26k
Fixed assets21/28€5k
Tangible fixed assets22/27€5k
Furniture and vehicles24€5k
Current assets29/58€22k
Amounts receivable within one year40/41€11k
Trade receivables40€5k
Other amounts receivable41€6k
Cash at bank and in hand54/58€11k
Equity and liabilities
Total equity and liabilities10/49€26k
Equity10/15€14k
Contributions10/11€3k
Profit (loss) carried forward14€12k
Amounts payable17/49€12k
Amounts payable within one year42/48€12k
Trade debts44€2k
Suppliers440/4€2k
Taxes, remuneration and social security45€3k
Taxes450/3€3k
Other amounts payable47/48€7k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€971
Other operating charges640/8€1k
Gross operating margin9900€18k
Operating profit (loss)9901€16k
Financial charges65/66B€1k
Recurring financial charges65€1k
Profit (loss) for the period before taxes9903€14k
Income taxes67/77€3k
Profit (loss) for the period9904€12k
Profit (loss) for the period to be appropriated9905€12k
Appropriation of the result
Profit (loss) to be appropriated9906€12k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ternat · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Assesteenweg 1341742 TernatGround area
419 m²
Building footprint
117 m²
Volume, LiDAR
723 m³
Parcel 23071C0890/00A002, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AS Works BE
since 20232.346.248.173
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23071C0890/00A002 | Flanders | 419 m² | 1 · 117 m² | 10.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MIRAX
BE 0872.550.929
Tervuren · Eq €14k
A & P.ART
BE 0884.459.757
Bocholt · Eq €14k
NEFER REBU
BE 0479.997.075
Elsene · Eq €14k
ZONDER ZORGEN
BE 0883.730.277
Zemst · Eq €14k
DEBO
BE 0434.243.561
Antwerpen · Eq €15k
Of 1,272 companies in sector 81100 we hold annual accounts for 672. 231 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2023
Fiscal year end31-12
Activities, NACEBEL
81100Combined facilities support activities
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43990Other specialised construction activities
43995Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.