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EJ@work

Active
Private limited companyfounded 201412 yrs activeTer Platen 6, 9000 Gent, BelgiumKBO/BCE: BE 0548.872.916

EJ@work has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59k and a net result of €4k. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 31% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
73 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-2
Solvency60▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.31 against 0.19 in 2023; short-term debt: 23.5% and cash: 5.9% of total assets), and 65.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
34.8%
Return on assets
2.2%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-06-2025, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
32 d early
2023
52 d early
2022
42 d early
2021
41 d early
2020
56 d early
2019
58 d early
← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Turnover
€54k
EBIT margin
18.8%
Net result
€4k▼ 71.1%
2023 · €13k
2018: €-10k 2019: €-2k 2020: €10k 2021: €4k 2022: €6k 2023: €13k
2018 → 2024
Working capital
€-28k▲ 4.3%
2023 · €-29k
2018: €-22k 2019: €-31k 2020: €-24k 2021: €-28k 2022: €-30k 2023: €-29k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€54k
Equity€33k-€37k▲ 12.4%€43k▲ 15.3%€56k▲ 30.4%€59k▲ 6.7%
Operating result€19k-€11k▼ 41.2%€13k▲ 16.8%€23k▲ 72.9%€10k▼ 55.6%
Net result€10k-€4k▼ 57.5%€6k▲ 38.8%€13k▲ 128%€4k▼ 71.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20kOperating result 2020: €19k€19kNet result 2020: €10k€10kOperating result 2021: €11k€11kNet result 2021: €4k€4kOperating result 2022: €13k€13kNet result 2022: €6k€6kOperating result 2023: €23k€23kNet result 2023: €13k€13kOperating result 2024: €10k€10kNet result 2024: €4k€4k20202021202220232024
The operating result falls in 2024; 2024 is 56% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €170k
Fixed assets €158k▼ 9.4%
Current assets €13k▲ 86.1%
Equity and liabilities €170k
Equity €59k▲ 6.7%
Debt €111k▼ 11.5%
The debt ratio falls from 69.3% to 65.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€27k
2023 · €39k
Cash flow
€20k
2023 · €29k
Solvency
34.8%
2023 · 30.7%
Current ratio
0.31
2023 · 0.19
Quick ratio
0.31
2023 · 0.19
Debt / equity
1.87
2023 · 2.26
ROE
6.3%
2023 · 23.3%
ROA
2.2%
2023 · 7.1%
Interest coverage
5.11
2023 · 6.10
Debt
€111k
2023 · €125k
Debt ≤ 1 year
€40k
2023 · €36k
Debt > 1 year
€71k
2023 · €90k
Income taxes
€1k
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€181k€170k
Fixed assets21/28€174k€158k
Tangible fixed assets22/27€174k€158k
Plant, machinery and equipment23€7k€6k
Furniture and vehicles24€1k€439
Leasing and similar rights25€124k€112k
Other tangible fixed assets26€42k€39k
Current assets29/58€7k€13k
Amounts receivable within one year40/41-€2k
Other amounts receivable41-€2k
Cash at bank and in hand54/58€6k€10k
Deferred charges and accrued income490/1€352€243
Equity and liabilities
Total equity and liabilities10/49€181k€170k
Equity10/15€56k€59k
Contributions10/11€19k€19k=
Reserves13€36k€40k
Distributable reserves133€36k€40k
Amounts payable17/49€125k€111k
Amounts payable after more than one year17€90k€71k
Financial debts170/4€90k€71k
Amounts payable within one year42/48€36k€40k
Current portion of amounts payable after more than one year42€25k€19k
Financial debts43€843-
Credit institutions430/8€843-
Trade debts44€533€840
Suppliers440/4€533€840
Taxes, remuneration and social security45€3k€3k
Taxes450/3€3k€3k
Other amounts payable47/48€6k€18k
Income statement Code20232024
Turnover70-€54k
Goods, raw materials, services and sundry goods60/61-€36k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k
Other operating charges640/8€1k€1k
Gross operating margin9900€41k€28k
Operating profit (loss)9901€23k€10k
Financial income75/76B€11-
Recurring financial income75€11-
Financial charges65/66B€6k€5k
Recurring financial charges65€6k€5k
Profit (loss) for the period before taxes9903€17k€5k
Income taxes67/77€4k€1k
Profit (loss) for the period9904€13k€4k
Profit (loss) for the period to be appropriated9905€13k€4k
Appropriation of the result
Profit (loss) to be appropriated9906€13k€4k
Transfer to equity691/2€13k€4k
To other reserves6921€13k€4k

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

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Timeline · acts, filings and financial milestones

2025
29-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
09-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €13k ▲128%
Operating result €23k, net result €13k, both a record.
19-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
05-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €10k
Net result €10k after 2 loss-making years.
03-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
10-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
08-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
11-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-05
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2014
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Ter Platen 69000 Gent
Ground area
2,558 m²
Building footprint
809 m²
Volume, LiDAR
9,296 m³
Parcel 44804D2734/00T002, Flanders · tallest building 16.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
EJ@work
Ter Platen 6, 9000 GentBusiness and other management consultancy
since 20142.229.059.505
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44804D2734/00T002 Flanders 2,558 m² 1 · 809 m² 16.2 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 82,570 companies in sector 70200 we hold annual accounts for 52,573. 38,957 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded25-03-2014
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.