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Donkworks

Active
Private limited companyfounded 20241 yr activeVan Erstenstraat 132, 2100 Antwerpen, BelgiumKBO/BCE: BE 1015.788.948
Summary

Donkworks has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €41,978 and a net result of €23,323. Its solvency ranks better than 65% of 35 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2026
Axes · tick = 2025
Profitability100=
Solvency94▲+9
Growth78
Track record82
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.96 against 2.26 in 2025; short-term debt: 31.1% and cash: 74.8% of total assets), and 31.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026
Solvency, return and age of the figures
Solvency
68.9%
Return on assets
38.3%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-09-2026, 33 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2026
33 d early
2025
43 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
01-10-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Donkworks was incorporated on 31 October 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2026

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Financials · fiscal year 2026, abbreviated schema

Equity
€41,978▲ 125%
2025 · €18,656
Total assets
€60,962▲ 96.1%
2025 · €31,082
Net result
€23,323▲ 32.1%
2025 · €17,656
Working capital
€37,200▲ 138%
2025 · €15,632
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20252026
Operating result€22,640-€29,641▲ 30.9%
Net result€17,656within the sector's middle half-€23,323▲ 32.1%
Equity€18,656below the sector's middle half-€41,978▲ 125%
Total assets€31,082below the sector's middle half-€60,962▲ 96.1%
Debt€12,427-€18,984▲ 52.8%
Working capital€15,632within the sector's middle half-€37,200▲ 138%
Solvency60.0%within the sector's middle half-68.9%▲ 8.8pp
Current ratio2.26within the sector's middle half-2.96▲ 0.70
Return on assets (ROA)56.8%above the sector's middle half-38.3%▼ 18.5pp
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2025: €22,640€22,640Net result 2025: €17,656€17,656Operating result 2026: €29,641€29,641Net result 2026: €23,323€23,32320252026€0€10,000€20,000€30,000Operating result 2025: €22,640€22,600Net result 2025: €17,656€17,700Operating result 2026: €29,641€29,600Net result 2026: €23,323€23,30020252026
The operating result rises in 2026; 2026 is 31% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €60,962
Fixed assets €4,779 ▲ 58.0%
Current assets €56,184 ▲ 100%
Equity and liabilities €60,962
Equity €41,978 ▲ 125%
Debt €18,984 ▲ 52.8%
Debt's share of the balance-sheet total falls from 40.0% to 31.1%. Equity and debt are higher.
Key figures and ratios
2026 value · change against 2025
EBITDA
€30,603▲
2025 · €22,865
Cash flow
€24,285▲
2025 · €17,881
Debt to equity
0.45▼
2025 · 0.67
ROE
55.6%▼
2025 · 94.6%
Interest coverage
130.24▼
2025 · 5604.16
Debt ≤ 1 year
€18,984▲
2025 · €12,427
Income taxes
€6,118▲
2025 · €5,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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% 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 11,280 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 36 lines
Balance sheet Code20252026
Assets
Total assets20/58€31,082€60,962▲
Fixed assets21/28€3,024€4,779▲
Tangible fixed assets22/27€3,024€4,779▲
Furniture and vehicles24€3,024€1,145▼
Other tangible fixed assets26-€3,633
Current assets29/58€28,058€56,184▲
Amounts receivable within one year40/41€10,083€10,417▲
Trade receivables40€10,083€10,083=
Other amounts receivable41-€334
Cash at bank and in hand54/58€17,975€45,581▲
Deferred charges and accrued income490/1-€186
Equity and liabilities
Total equity and liabilities10/49€31,082€60,962▲
Equity10/15€18,656€41,978▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€17,656€40,978▲
Amounts payable17/49€12,427€18,984▲
Amounts payable within one year42/48€12,427€18,984▲
Trade debts44€203€1,164▲
Suppliers440/4€203€1,164▲
Taxes, remuneration and social security45€11,092€15,501▲
Taxes450/3€11,092€15,501▲
Other amounts payable47/48€1,132€2,319▲
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€225€962▲
Other operating charges640/8€330€607▲
Gross operating margin9900€23,195€31,210▲
Operating profit (loss)9901€22,640€29,641▲
Financial income75/76B€20€35▲
Recurring financial income75€20€35▲
Financial charges65/66B€4€235▲
Recurring financial charges65€4€235▲
Profit (loss) for the period before taxes9903€22,656€29,441▲
Income taxes67/77€5,000€6,118▲
Profit (loss) for the period9904€17,656€23,323▲
Profit (loss) for the period to be appropriated9905€17,656€23,323▲
Appropriation of the result
Profit (loss) to be appropriated9906€17,656€40,978▲
Profit (loss) brought forward from the previous period14P-€17,656

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€225€962▲ 327%
Other operating charges640/8€330€607▲ 84.0%
Gross operating margin9900€23,195€31,210▲ 34.6%
Operating profit (loss)9901€22,640€29,641▲ 30.9%
Financial income75/76B€20€35▲ 76.8%
Recurring financial income75€20€35▲ 76.8%
Financial charges65/66B€4€235▲ 5,659%
Recurring financial charges65€4€235▲ 5,659%
Profit (loss) for the period before taxes9903€22,656€29,441▲ 29.9%
Income taxes67/77€5,000€6,118▲ 22.4%
Profit (loss) for the period9904€17,656€23,323▲ 32.1%
Profit (loss) for the period to be appropriated9905€17,656€23,323▲ 32.1%
Line20252026Change
Assets
Total assets20/58€31,082€60,962▲ 96.1%
Fixed assets21/28€3,024€4,779▲ 58.0%
Tangible fixed assets22/27€3,024€4,779▲ 58.0%
Furniture and vehicles24€3,024€1,145▼ 62.1%
Other tangible fixed assets26-€3,633-
Current assets29/58€28,058€56,184▲ 100%
Amounts receivable within one year40/41€10,083€10,417▲ 3.3%
Trade receivables40€10,083€10,083=
Other amounts receivable41-€334-
Cash at bank and in hand54/58€17,975€45,581▲ 154%
Deferred charges and accrued income490/1-€186-
Equity and liabilities
Total equity and liabilities10/49€31,082€60,962▲ 96.1%
Equity10/15€18,656€41,978▲ 125%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€17,656€40,978▲ 132%
Amounts payable17/49€12,427€18,984▲ 52.8%
Amounts payable within one year42/48€12,427€18,984▲ 52.8%
Trade debts44€203€1,164▲ 474%
Suppliers440/4€203€1,164▲ 474%
Taxes, remuneration and social security45€11,092€15,501▲ 39.7%
Taxes450/3€11,092€15,501▲ 39.7%
Other amounts payable47/48€1,132€2,319▲ 105%
Line20252026Change
Profit (loss) for the period9904€17,656€23,323▲ 32.1%
+ Depreciation and write-downs630€225€962▲ 327%
Operating cash flow (approximation)€17,881€24,285▲ 35.8%
Investment in fixed assets (approximation)--€2,717-
Change in cash-€27,606-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 31-10-2027
2026
28-09
NBB filing Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
18-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
171 m²
Building footprint
97 m²
Volume, LiDAR
559 m³
Parcel 11346B0983/00M008, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Donkworks
Van Erstenstraat 132, 2100 AntwerpenBusiness and other management consultancy
since 20242.366.339.744
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11346B0983/00M008 Flanders 171 m² 1 · 97 m² 7.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Of 11,567 companies in this sector we hold annual accounts for 6,567. 4,748 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded31-10-2024
Fiscal year end31-03
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
70100Activities of head offices
70200Business and other management consultancy
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1015788948
Also 9925:BE1015788948
Registered 26-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.