Equity
€93,634 from €240,096 in 2022
Equity fell by 61% in 3 years.
E-Worx
Lifetime
11 annual accounts with figures on one time axispeak €259,698 (2022)
€53,029▲ 111%
peak €78,365 (2022)
€26,427▲ 410×
peak €240,096 (2022)
€93,634▲ 39.3%
€514,016▲ 40.3%
peak 1.3 FTE (2020)
-not published
Board1 name since 2014
1 director
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €25,087 to €53,029Result from €64 to €26,427Equity from €67,207 to €93,634Debts from €366,245 to €514,016Investments €169,406Cash from €4,677 to €8,655
Key points
from the 2025 annual accountsTurnover
≈ €190,000 estimated
The accounts state no turnover.
Debts
€514,016 85% of the balance sheet
Financial debts 74%Suppliers 1%Taxes and wages 3%Other 23%
Of this, €136,153 falls due within a year.
Investments
€202,157 42.0 × depreciation
Green is investment, beige is depreciation.
Filings
11 annual accounts since 2015
The 2019 accounts came 33 days late. The other nine of the last ten were filed on time.
Position in the sector
15.4%
Lower solvency than 81% of companies in specialised construction. Sector median 46.8% · 37,271 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as E-Worx has now. Each dot stands for 11 companies, two years later.
97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 4,107 companies, not a prediction for E-Worx. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0566922735
Demerger: E-Worx splits off to DOMATION
Gazette deed
Demerger proposal: Domation splits off to E-Worx
holds 186 shares · holds 186 shares · Gazette deed
Capital increase of €6,200 to €18,600
Capital from €12,400 to €18,600 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| E-Worx Hulshout | €607,649 | €53,029 | 15.4% | - |
| Elektro Nico Verbeyst Buggenhout | €705,926 | €50,368 | 24.8% | - |
| G.D. SOLUTIONS Hannut | €589,111 | €67,133 | 45.9% | - |
| VANDENBERGHE STIJN Ledegem | €622,262 | €65,535 | 30.3% | - |
| LUZ Rotselaar | €645,058 | €62,219 | 59.7% | - |
| GLOBAL CONCEPT SECURITY Braine-le-Château | €685,420 | €64,383 | 94.0% | - |
| D-Energy Solutions Hechtel-Eksel | €620,087 | €46,296 | 23.2% | - |
These companies have the same main activity as E-Worx: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €589,000 and €706,000, founded between 2012 and 2015.
Official details
Source: KBO- Status
- Active since 23-10-2014Normal situation
- Activity
- General electrical installation workNACE 43211and 5 others
- Joint committee
- 149Sectors related to metal, mechanical and electrical engineering · annual accounts 2021
- Establishment unit
- 2.236.373.5032235 Hulshout, since 23-10-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Annual accounts 2025
- €607,649▲ 40.2%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on E-Worx
E-Worx files the micro format. That format states no turnover. The gross margin rose from €14,920 in 2015 to €53,029 in 2025.
The balance sheet grew most from 2019 to 2021 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about E-Worx
- What is the company number of E-Worx?
- The company number of E-Worx is 0566.922.735. The VAT number is the same number with BE in front: BE 0566.922.735.
- Where is E-Worx based?
- The registered office is at Jozef Michielsstraat 1, 2235 Hulshout.Company details
- What does E-Worx do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of E-Worx?
- E-Worx is a private limited company (BV).
- When was E-Worx founded?
- E-Worx was founded on 23-10-2014.
- Is E-Worx still active?
- Yes, E-Worx is an active enterprise in the KBO register.
- How many employees does E-Worx have?
- E-Worx had an average of 2.7 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does E-Worx fall under?
- In its 2021 annual accounts, E-Worx states joint committee 149 (Sectors related to metal, mechanical and electrical engineering).
- What is the turnover of E-Worx?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €53,029 and 45 comparable companies (NACE 43211). It probably lies between €130,000 and €300,000.
- Is E-Worx profitable?
- In financial year 2025, E-Worx made a profit of €26,427.
- Where can I find the annual accounts of E-Worx?
- E-Worx filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of E-Worx due?
- E-Worx must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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