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DES100 Workspaces

Active
Private limited companyfounded 2024active for 2 yearsDesguinlei 100, 2018 Antwerpen, BelgiumKBO/BCE: BE 1009.964.196
Summary

DES100 Workspaces has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,682 and a net result of €1,682. Its solvency ranks better than 19% of 9,666 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 03-06-2024 Normal situation
Registered office
55 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Other business support services NACE 82990and 4 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.360.796.985 2018 Antwerpen, since 03-06-2024
Financial year end
31 December
Peppol
Reachable since 08-12-2025

Board and ownership

Board
Shareholders
  • KEGELS Olivieract of 05-06-2024
  • BENCIVENNI Bartact of 05-06-2024

Financial position

78 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€37,679
Turnover
≈ €93,000
estimated
Profit
€1,682
Equity
€21,682
Total assets
€240,835
Employees on 31-12-2025
1
  • 2025 accounts filed 73 days after the deadline
Score breakdownraises riskLast filed accounts filed 73 days late; 1 of the last 3 accounts lateFounded in 2024lowers riskSector: Office administrative, office support and other business support activities (NACE 82)Liquidity: current ratio 1.24, cash €57,084Show the evidence

Checked score

Score 2025
78 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 27% of micro companies in office administrative support (NACE 82)
Financial strength
Weak
Solvency 34
equity 9.0% of total assets
Liquidity 51
short-term debt 56.3% · cash 23.7%
Profitability 30
return on assets 0.7%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,676 companies, NACE 82, micro)
Last 24 months 07-2025: 0.6% 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.7%▲ +0.1 percentage points vs 09-2025 11-2025: 0.8%▲ +0.1 percentage points vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.9%▲ +0.1 percentage points vs 01-2026 03-2026: 0.8%▼ -0.1 percentage points vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 1.0%▲ +0.2 percentage points vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026highest value 08-2026: 0.9%▼ -0.1 percentage points vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.5%▼ -0.4 percentage points vs 09-2026lowest value 11-2026: 0.5%● unchanged vs 10-2026lowest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.24, below the usual 1.5. Short-term debt is 56.3% and cash 23.7% of total assets. 91% 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 82, micro). It does better than 20% of them on solvency, 41% on liquidity and 19% 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.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Six signals.
lowers riskraises risk
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · Last filed accounts filed 73 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.24, cash €57,084
NBB · annual accounts
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 · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 9666 sector peers (2025).
NBB · sector comparison
Position among 9666 sector peers
Solvency
better than 19%
← weakest strongest →
raises risk · 2025 accounts filed 73 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-10-2026, 73 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
73 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

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 73 days after the deadline Filed on 12 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00553943.

Annual accounts 2025 filed on 12-10-2026 at the NBB

Turnover
≈ €93,000
Estimated: probably between €58,000 and €130,000
Total assets
€240,835
Net result
€1,682
Working capital
€33,017

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €240,835
Fixed assets €72,314
Current assets €168,521
Equity and liabilities €240,835
Equity €21,682
Debt €219,153
Debt's share of the balance-sheet total is 91.0%.
Key figures and ratios
2025 value
EBITDA
€8,363
Cash flow
€1,847
Current ratio
1.24
Debt to equity
10.11
ROE
7.8%
ROA
0.7%
Interest coverage
1.28
Debt ≤ 1 year
€135,503
Debt > 1 year
€83,649
Staff costs
€26,562

Staff

social balance sheet
Item31-12-2025
Employees at the balance-sheet date1
full-time0
part-time1
in full-time equivalents0.8
Average over the year, in full-time equivalents0.7
On a permanent contract1
Joined1
Left0

Source: social balance sheet in the 2025 annual accounts

Investments

fixed assets acquired
Item2025
Tangible fixed assets€72,480
Depreciation and write-downs of the year€165

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€240,835
Fixed assets21/28€72,314
Tangible fixed assets22/27€72,314
Land and buildings22€61,060
Furniture and vehicles24€11,254
Current assets29/58€168,521
Amounts receivable within one year40/41€111,345
Trade receivables40€107,000
Other amounts receivable41€4,345
Cash at bank and in hand54/58€57,084
Deferred charges and accrued income490/1€92
Equity and liabilities
Total equity and liabilities10/49€240,835
Equity10/15€21,682
Contributions10/11€20,000
Profit (loss) carried forward14€1,682
Amounts payable17/49€219,153
Amounts payable after more than one year17€83,649
Financial debts170/4€83,649
Amounts payable within one year42/48€135,503
Trade debts44€111,977
Suppliers440/4€111,977
Taxes, remuneration and social security45€5,058
Remuneration and social security454/9€5,058
Other amounts payable47/48€18,469
Income statement Code2025
Remuneration, social security and pensions62€26,562
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€165
Other operating charges640/8€2,754
Gross operating margin9900€37,679
Operating profit (loss)9901€8,198
Financial charges65/66B€6,516
Recurring financial charges65€6,516
Profit (loss) for the period before taxes9903€1,682
Profit (loss) for the period9904€1,682
Profit (loss) for the period to be appropriated9905€1,682
Appropriation of the result
Profit (loss) to be appropriated9906€1,682

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 12-10-2026.

Line2025
Remuneration, social security and pensions62€26,562
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€165
Other operating charges640/8€2,754
Gross operating margin9900€37,679
Operating profit (loss)9901€8,198
Financial charges65/66B€6,516
Recurring financial charges65€6,516
Profit (loss) for the period before taxes9903€1,682
Profit (loss) for the period9904€1,682
Profit (loss) for the period to be appropriated9905€1,682
Line2025
Assets
Total assets20/58€240,835
Fixed assets21/28€72,314
Tangible fixed assets22/27€72,314
Land and buildings22€61,060
Furniture and vehicles24€11,254
Current assets29/58€168,521
Amounts receivable within one year40/41€111,345
Trade receivables40€107,000
Other amounts receivable41€4,345
Cash at bank and in hand54/58€57,084
Deferred charges and accrued income490/1€92
Equity and liabilities
Total equity and liabilities10/49€240,835
Equity10/15€21,682
Contributions10/11€20,000
Profit (loss) carried forward14€1,682
Amounts payable17/49€219,153
Amounts payable after more than one year17€83,649
Financial debts170/4€83,649
Amounts payable within one year42/48€135,503
Trade debts44€111,977
Suppliers440/4€111,977
Taxes, remuneration and social security45€5,058
Remuneration and social security454/9€5,058
Other amounts payable47/48€18,469
Line2025
Profit (loss) for the period9904€1,682
+ Depreciation and write-downs630€165
Operating cash flow (approximation)€1,847

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 2,135 companies had the same profile as DES100 Workspaces has now. Two years later, 92.0% were still going and 5.2% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
92.0% was still going
2.3% stopped otherwise
5.2% went bankrupt

Another 0.4% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of DES100 Workspaces itself is lower: 0.5% within 12 months. It rests on far more data about DES100 Workspaces than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,135 companies, not a prediction for DES100 Workspaces. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 12-10-2026 2026-00553943 PDF

Board & ownership

Directors

Directors
2 directors, since incorporation
BENCIVENNI Bart
Director · appointed in the act of 05-06-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 12-10-2026
Current
KEGELS Olivier
Director · appointed in the act of 05-06-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 12-10-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 05-06-2024

Owners and capital

Shareholders

At incorporation act of 05-06-2024 ↗

Capital transactions

Capital over time
  1. 05-06-2024 Incorporation · €20,000 · 10,000 shares

Mandate history

2 people, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
BENCIVENNI Bart
  • Director, appointed in the act of 05-06-2024, still in office
KEGELS Olivier
  • Director, appointed in the act of 05-06-2024, still in office
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Vergoeding bestuurders, algemene vergadering met absolute meerderheid of enige aandeelhouder bepaalt bedrag vaste of evenredige…”

Articles of association, deed of 05-06-2024 (in Dutch)

Network & group

DES100 Workspaces shares no director with another company.

Companies at the same address

54 other companies

Connections & network

2 current directors
Depth

The network starts from the directors of DES100 Workspaces. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
12-10
NBB filing Annual accounts 2025 filedNBB
micro format · 73 days late
2024
05-06
Gazette deed Incorporation
Founding capital of €20,000, 10,000 shares · Founders: KEGELS Olivier and BENCIVENNI Bart · Appointments: KEGELS Olivier (director) and BENCIVENNI Bart (director)7 points ▸
  • Incorporation, 31-05-2024
  • Founder, KEGELS Olivier
  • Founder, BENCIVENNI Bart
  • Founding capital, €20,000, 10,000 shares
  • Director appointment, KEGELS Olivier (director)
  • Director appointment, BENCIVENNI Bart (director)
  • Permanent representative, BENCIVENNI Bart
  • The act holds 1 more point.

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Register details

Identity

KBO record
Name DES100 Workspaces in Dutch
Enterprise number 1009.964.196
Legal form Private limited company
Status Active, normale toestand
Founded 03-06-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 05-06-2024 (in Dutch)
Name clauseThe company operates under this name according to its articles.
DES100 Workspaces
deed of 05-06-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Desguinlei 100, 2018 Antwerpen”
deed of 05-06-2024 (in Dutch)

Registered office and establishments

Registered office Desguinlei 100, 2018 Antwerpen, Belgium
Establishment unit DES100 Workspaces, Desguinlei 100, 2018 Antwerpen since 03-06-2024 · unit number 2.360.796.985

Activities

NACEBEL 2025
VAT activities
82990 Other business support services main activity
68203 Renting and operating of own or leased non-residential real estate, excluding land
70200 Business and other management consultancy
82100 Office administrative and support services
82300 Organisation of conventions and trade shows
Social security (RSZ) activities
82990 Other business support services main activity
Codes under NACEBEL 2008
VAT activities
82990 Other business support services main activity
68203 Real estate rental
70220 Business consulting
82190 Office administrative, office support and other business support activities
82300 Organisation of conventions and trade shows
Social security (RSZ) activities
82990 Other business support services main activity
Joint committee 200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“Fotokopiëren,documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren; Verhuur en exploitatie…”
5 activities
  1. Fotokopiëren,documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren
  2. Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed,exclusief terreinen
  3. Overige adviesbureaus op het gebied van bedrijfsbeheer,adviesbureaus op het gebied van bedrijfsvoering
  4. Verhuur en lease van tenten
  5. Organisatie van congressen en beurzen
deed of 05-06-2024 (in Dutch)

Invoicing and payment

VAT number BE 1009.964.196
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1009964196
Other Peppol ID 9925:BE1009964196
Registered 08-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 10:00
deed of 05-06-2024 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
55 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
5,401 m²
Building footprint
2,130 m²
Building volume
49,990 m³
Cadastral parcel Region Area Buildings Height / floors
11810K2172/00D004
ProtectedCultural-historical landscapeHertogheparkSource ↗
Flanders 5,401 m² 1 · 2,130 m² 27.6 m · 8

1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.