Belgian WORKSHOP
ActiveSummary
The computed 12-month bankruptcy probability of Belgian WORKSHOP is 2.1% (moderate). The 2025 annual accounts show negative equity (-€6,683) and a net result of -€9,683. Its solvency ranks better than 9% of 119 sector peers (NACE 29, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€6,683
- Loss
- -€9,683
- BIGICA Randy Sean DavidDirector
- CLAIN Hugo Pierre RobertDirector
- JACQUEMART Guillaume Julien MichaëlDirector
Why 50raises riskNegative equity -€6,683Liquidity: current ratio 0.26, cash €9lowers riskSize: total assets €23,982Sector: Manufacture of motor vehicles, trailers and semi-trailers (NACE 29)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 29, micro): better than 4% on solvency, 1% on liquidity and 7% on profitability.
The bankruptcy probability was computed on 26-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointments: CLAIN Hugo Pierre Robert…
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00499555.
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90.2% are still going.
- Micro
- under 2 years old
- negative equity
- a loss of 10% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,076 |
| Non-recurring operating charges66A | €2,500 |
| Gross operating margin9900 | -€6,051 |
| Operating profit (loss)9901 | -€9,627 |
| Financial charges65/66B | €56 |
| Recurring financial charges65 | €56 |
| Profit (loss) for the period before taxes9903 | -€9,683 |
| Profit (loss) for the period9904 | -€9,683 |
| Profit (loss) for the period to be appropriated9905 | -€9,683 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €23,982 | |
| Formation expenses20 | €1,109 | |
| Fixed assets21/28 | €15,050 | |
| Tangible fixed assets22/27 | €15,050 | |
| Furniture and vehicles24 | €15,050 | |
| Current assets29/58 | €7,823 | |
| Amounts receivable within one year40/41 | €7,814 | |
| Trade receivables40 | €7,500 | |
| Other amounts receivable41 | €314 | |
| Cash at bank and in hand54/58 | €9 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €23,982 | |
| Equity10/15 | -€6,683 | |
| Contributions10/11 | €3,000 | |
| Profit (loss) carried forward14 | -€9,683 | |
| Amounts payable17/49 | €30,665 | |
| Amounts payable within one year42/48 | €30,665 | |
| Trade debts44 | €12,395 | |
| Suppliers440/4 | €12,395 | |
| Other amounts payable47/48 | €18,270 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€9,683 |
| + Depreciation and write-downs630 | €1,076 |
| Operating cash flow (approximation) | -€8,607 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00499555 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BIGICA Randy Sean David |
|
| CLAIN Hugo Pierre Robert |
|
| JACQUEMART Guillaume Julien Michaël |
|
Owners and capital
Capital and shareholders
- CLAIN Hugo Pierre Robert founder
- BIGICA Randy Sean David founder
- JACQUEMART Guillaume Julien Michaël founder
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 13-12-2024 Incorporation · €3,000
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
13-12
Gazette deed
IncorporationAppointments: CLAIN Hugo Pierre Robert, BIGICA Randy Sean David and JACQUEMART Guillaume Julien Michaël · Founder · Power of attorney16 facts ▸
- Founder, CLAIN Hugo Pierre Robert
- Founder, BIGICA Randy Sean David
- Founder, JACQUEMART Guillaume Julien Michaël
- Power of attorney, CARUSO Alessandra
- Incorporation, 10-12-2024
- Founding capital, €3,000
- Capital
- Registered office clause, “4920 AYWAILLE, rue des Hotlîs 20” (deed in French)
- Board rule, 3
- Director appointment, CLAIN Hugo Pierre Robert (director (not named in the articles))
- Director appointment, BIGICA Randy Sean David (director (not named in the articles))
- Director appointment, JACQUEMART Guillaume Julien Michaël (director (not named in the articles))
- +4 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 61026A0785/00G000 | Wallonia | 1,152 m² | 1 · 103 m² | 6.4 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La préparation et la réparation de voiture de course; Le commerce de détail d’automobiles et d’autres véhicules automobiles légers; La…” (deed in French)
6 activities (deed in French)
- La préparation et la réparation de voiture de course.
- Le commerce de détail d’automobiles et d’autres véhicules automobiles légers.
- La réparation de parties spécifiques de véhicules automobiles.
- Les services spécialisés relatifs au pneu.
- L’entretien et la réparation de véhicules automobiles.
- La vente de détail de pièces automobiles.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Belgian WORKSHOP
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, pour autant que cette décision n’entraîne pas de changement en matière de régime linguistique applicable” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d’administration, l’assemblée qui nomme fixe nombre,durée et,en cas de pluralité,pouvoirs” (deed in French)“Indépendamment frais représentation voyages déplacements, rémunération administrateurs” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives avec mentions requises par le Code des sociétés et des associations;consultation par…” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Tous cas de cessions entre vifs,à titre onéreux ou gratuit,volontaires ou forcées(cas exclusion et retrait),en usufruit,nue-propriété ou…” (deed in French)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision assemblée générale formes modifications statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment, si aucun autre liquidateur désigné” (deed in French)