ENERGY WORKX
ActiveThe computed 12-month bankruptcy probability of ENERGY WORKX is 3.5% (moderate). The 2025 annual accounts show equity of €40k and a net result of €-17k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 19% of 27407 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-3
Solvency45▼-15
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 4.27 against 5.41 in 2024), but 83.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
16.9%
Return on assets
-6.9%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 27407 sector peers (2025).
NBB · sector comparisonPosition among 27407 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
24 d late
2024
27 d late
2023
on the day
2022
32 d late
2021
24 d early
2020
24 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€40k▼ 29.1%
2024 · €57k
2020: €45k
2021: €46k
2022: €46k
2023: €57k
2024: €57k
2020 → 2025
Total assets
€239k▲ 5.7%
2024 · €226k
2020: €110k
2021: €89k
2022: €362k
2023: €227k
2024: €226k
2020 → 2025
Net result
€-17k
2024 · €391
2020: €44k
2021: €1k
2022: €25k
2023: €11k
2024: €391
2020 → 2025
Working capital
€173k▲ 1.2%
2024 · €171k
2020: €46k
2021: €41k
2022: €260k
2023: €98k
2024: €171k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€46k-€46k▼ 0.2%€57k▲ 23.8%€57k▲ 0.7%€40k▼ 29.1%
Operating result€3k-€40k▲ 1,046%€25k▼ 37.6%€15k▼ 41.3%€-4k
Net result€1k-€25k▲ 1,751%€11k▼ 56.2%€391▼ 96.4%€-17k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €15k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €239k
Fixed assets
€13k▼ 20.3%
Current assets
€226k▲ 7.8%
Equity and liabilities €239k
Equity
€40k▼ 29.1%
Debt
€199k▲ 17.4%
The debt ratio rises from 74.8% to 83.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€3k▼
2024 · €20k
Cash flow
€-10k▼
2024 · €6k
Solvency
16.9%▼
2024 · 25.2%
Current ratio
4.27▼
2024 · 5.41
Quick ratio
1.56▼
2024 · 2.01
Debt / equity
4.91▲
2024 · 2.96
ROE
-41.0%▼
2024 · 0.7%
ROA
-6.9%▼
2024 · 0.2%
Interest coverage
0.23▼
2024 · 1.45
Debt
€199k▲
2024 · €169k
Debt ≤ 1 year
€53k▲
2024 · €39k
Debt > 1 year
€145k▲
2024 · €131k
Income taxes
€-24▼
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€226k€239k▲
Fixed assets21/28€17k€13k▼
Intangible fixed assets21€525€3k▲
Tangible fixed assets22/27€13k€7k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€9k€6k▼
Financial fixed assets28€3k€3k=
Current assets29/58€210k€226k▲
Stocks and contracts in progress3€132k€144k▲
Stocks30/36€132k€144k▲
Amounts receivable within one year40/41€65k€72k▲
Trade receivables40€34k€36k▲
Other amounts receivable41€31k€36k▲
Cash at bank and in hand54/58€8k€5k▼
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€226k€239k▲
Equity10/15€57k€40k▼
Contributions10/11€1k€1k=
Reserves13€56k€39k▼
Distributable reserves133€56k€39k▼
Profit (loss) carried forward14€597€493▼
Amounts payable17/49€169k€199k▲
Amounts payable after more than one year17€131k€145k▲
Financial debts170/4€131k€145k▲
Amounts payable within one year42/48€39k€53k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Financial debts43€12k€11k▼
Credit institutions430/8€12k€11k▼
Trade debts44€15k€32k▲
Suppliers440/4€15k€32k▲
Taxes, remuneration and social security45€181€93▼
Taxes450/3€181€93▼
Other amounts payable47/48€4k€2k▼
Accrued charges and deferred income492/3-€784
Income statement
Code20242025
Non-recurring operating income76A€1k-
Remuneration, social security and pensions62€234-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€22k€4k▼
Operating profit (loss)9901€15k€-4k▼
Financial income75/76B€1k€869▼
Recurring financial income75€1k€869▼
Financial charges65/66B€14k€14k▼
Recurring financial charges65€14k€14k▼
Profit (loss) for the period before taxes9903€2k€-17k▼
Income taxes67/77€2k€-24▼
Profit (loss) for the period9904€391€-17k▼
Profit (loss) for the period to be appropriated9905€391€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€597€-16k▼
Profit (loss) brought forward from the previous period14P€206€597▲
Transfer from equity791/2-€17k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet €-17k ▼4347%
Net result drops to €-17k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 5.41
Current ratio from 1.88 to 5.41; short-term debt falls from €112k to €39k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Burdinne · 2 establishment units since 2019
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.
Rue de la Burdinale(BUR) 1054210 BurdinneGround area
2,862 m²
Building footprint
383 m²
Volume, LiDAR
661 m³
2 parcels, Wallonia · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
ENERGY WORKX
since 20192.293.099.103
Rue des Cortys, Hempt. 42A, 5380 Fernelmont
since 20192.296.984.249
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92063B0067/00T002 | Wallonia | 2,571 m² | 1 · 233 m² | - |
| 61040A0777/00G000 | Wallonia | 291 m² | 1 · 150 m² | 5.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Smarthome Solutions
BE 0435.404.789
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Danny Smeets Elektro
BE 0541.453.307
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HDB Elektrics
BE 1009.101.886
Izegem · Eq €40k
ElectriCD
BE 0804.142.569
Elsene · Eq €40k
EFEM FIRE PROTECTION
BE 0743.437.197
Schaarbeek · Eq €40k
Of 22,740 companies in sector 43211 we hold annual accounts for 10,273. 8,297 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-09-2019
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
28250Manufacture of machinery and equipment not elsewhere classified
33140Repair and maintenance of electrical equipment
43350Other building finishing work
46190Agents in non-specialised wholesale trade
80090Investigation and security activities
80200Investigation and security activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.