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B-WORKS

Active
Private limited companyfounded 2024active for 1 yearSint-Elooisstraat 100, 8020 Oostkamp, BelgiumKBO/BCE: BE 1017.904.934
Summary

The computed 12-month bankruptcy probability of B-WORKS is 2.1% (moderate). The 2025 annual accounts show equity of €65,582 and a net result of €62,582. Its solvency ranks better than 65% of 34,972 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 24-12-2024 Normal situation
Activity
Joinery installation NACE 43320
Joint committee
124 Construction · annual accounts 2025
Establishment unit
2.368.141.172 8020 Oostkamp, since 24-12-2024
Financial year end
31 December
Peppol
Reachable since 09-09-2025

Board and ownership

Board
Shareholders
  • BUDDAERT David Pietdeed of 30-12-2024

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Annual accounts 2025
Gross margin
€156,759
Turnover
≈ €620,000
estimated
Profit
€62,582
Equity
€65,582
Total assets
€109,759
Employees on 31-12-2025
1
  • 2025 accounts filed 17 days after the deadline
Score breakdownraises riskFounded in 2024Size: total assets €109,759Sector: Specialised construction activities (NACE 43)Liquidity: current ratio 2.19, cash €7,397Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 62% of micro companies in specialised construction (NACE 43)
Financial strength
Strong
Solvency 85
equity 59.8% of total assets
Liquidity 40
short-term debt 40.2% · cash 6.7%
Profitability 100
return on assets 57.0%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 01-2026: 1.9%lowest value 02-2026: 1.9%● unchanged vs 01-2026lowest value 03-2026: 2.0%▲ +0.1 percentage points vs 02-2026 04-2026: 2.3%▲ +0.3 percentage points vs 03-2026 05-2026: 2.4%▲ +0.1 percentage points vs 04-2026 06-2026: 2.7%▲ +0.3 percentage points vs 05-2026 07-2026: 2.7%● unchanged vs 06-2026 08-2026: 3.0%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 2.2%▼ -0.8 percentage points vs 08-2026 10-2026: 2.1%▼ -0.1 percentage points vs 09-2026 11-2026: 2.1%● unchanged vs 10-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.19, above the usual 1.5. Short-term debt is 40.2% and cash 6.7% of total assets. 40.2% 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 43, micro). It does better than 65% of them on solvency, 28% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €109,759
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 2.19, cash €7,397
NBB · annual accounts
raises risk · 2025 accounts filed 17 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
17 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Positive: Higher net result than 90% of companies in specialised constructionsector median €10,221 · 34,960 companies €62,582 View

Recent changes

  1. · Gazette deed IncorporationFounding capital of €3,000, 300 shares · Founder: BUDDAERT David Piet · Appointment: BUDDAERT David Piet (director)
All 2 events

Comparable companies

These companies have the same main activity as B-WORKS: joinery installation (NACE 43320). They are comparable in size and age: total assets between €105,000 and €135,000, founded between 2024 and 2025.

CompanyTotal assetsGross margin
B-WORKS Oostkamp€109,759€156,759
JUMALUX Dendermonde€126,091€157,077
KH-Conception's Marchin€104,550€178,582
FA SOLUTIONS Beveren-Kruibeke-Zwijndrecht€116,802€130,916
JDP RAMEN EN DEUREN Oostkamp€112,965€210,123
JVW Construction Zwevegem€135,435€125,105
Interieurbouw Bjorn Vanthuyne Ostend€118,527€100,145
Full comparison

Key facts about B-WORKS

What is the company number of B-WORKS?
The company number of B-WORKS is 1017.904.934. The VAT number is the same number with BE in front: BE 1017.904.934.
Where is B-WORKS based?
The registered office is at Sint-Elooisstraat 100, 8020 Oostkamp.Company details
What does B-WORKS do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of B-WORKS?
B-WORKS is a private limited company (BV).
When was B-WORKS founded?
B-WORKS was founded on 24-12-2024.
Is B-WORKS still active?
Yes, B-WORKS is an active enterprise in the KBO register.
How many employees does B-WORKS have?
B-WORKS had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does B-WORKS fall under?
In its 2025 annual accounts, B-WORKS states joint committee 124 (Construction).
What is the turnover of B-WORKS?
The turnover in financial year 2025 is ≈ €620,000. This figure is estimated from the gross margin of €156,759 and 37 comparable companies (NACE 43320). It probably lies between €420,000 and €780,000.
Is B-WORKS profitable?
In financial year 2025, B-WORKS made a profit of €62,582.
Where can I find the annual accounts of B-WORKS?
B-WORKS filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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