ENVIRONMENTAL WORKS
ActiveSummary
ENVIRONMENTAL WORKS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €991k and a net result of €252k. Equity is growing by ~31.5% per year across the filed fiscal years. Its solvency ranks better than 84% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+3
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 5.84 against 5.15 in 2024; short-term debt: 15.7% and cash: 24.4% of total assets), and 24.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.8%
Return on assets
19.3%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-09-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
2 d early
2023
3 d early
2022
on the day
2021
10 d early
2020
14 d early
2019
1 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€991k▲ 33.9%
2024 · €740k
2019: €193k
2020: €234k
2021: €338k
2022: €388k
2023: €563k
2024: €740k
2019 → 2025
Total assets
€1.31M▲ 25.2%
2024 · €1.05M
2019: €399k
2020: €420k
2021: €574k
2022: €599k
2023: €858k
2024: €1.05M
2019 → 2025
Net result
€252k▲ 41.6%
2024 · €178k
2019: €82k
2020: €42k
2021: €105k
2022: €51k
2023: €176k
2024: €178k
2019 → 2025
Working capital
€992k▲ 34.5%
2024 · €738k
2019: €182k
2020: €219k
2021: €330k
2022: €381k
2023: €508k
2024: €738k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€338k-€388k▲ 14.8%€563k▲ 45.1%€740k▲ 31.5%€991k▲ 33.9%
Operating result€207k-€77k▼ 62.8%€252k▲ 226%€257k▲ 2.3%€345k▲ 34.2%
Net result€105k-€51k▼ 51.3%€176k▲ 245%€178k▲ 1.3%€252k▲ 41.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 34% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.31M
Fixed assets
€111k ▼ 14.5%
Current assets
€1.20M ▲ 30.8%
Equity and liabilities €1.31M
Equity
€991k ▲ 33.9%
Debt
€317k ▲ 3.8%
Debt's share of the balance-sheet total falls from 29.2% to 24.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€369k▲
2024 · €276k
Cash flow
€276k▲
2024 · €197k
Current ratio
5.84▲
2024 · 5.15
Debt to equity
0.32▼
2024 · 0.41
ROE
25.4%▲
2024 · 24.1%
ROA
19.3%▲
2024 · 17.0%
Interest coverage
37.87▲
2024 · 28.05
Debt ≤ 1 year
€205k▲
2024 · €178k
Debt > 1 year
€112k▼
2024 · €128k
Income taxes
€114k▲
2024 · €80k
Staff costs
€73k▲
2024 · €60k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.05M€1.31M▲
Fixed assets21/28€130k€111k▼
Tangible fixed assets22/27€130k€111k▼
Land and buildings22€72k€63k▼
Plant, machinery and equipment23€8k€9k▲
Furniture and vehicles24€50k€39k▼
Current assets29/58€916k€1.20M▲
Amounts receivable within one year40/41€693k€820k▲
Trade receivables40€303k€271k▼
Other amounts receivable41€390k€549k▲
Current investments50/53€5k€54k▲
Cash at bank and in hand54/58€209k€319k▲
Deferred charges and accrued income490/1€9k€5k▼
Equity and liabilities
Total equity and liabilities10/49€1.05M€1.31M▲
Equity10/15€740k€991k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€566k€818k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€560k€812k▲
Profit (loss) carried forward14€112k€112k=
Amounts payable17/49€305k€317k▲
Amounts payable after more than one year17€128k€112k▼
Financial debts170/4€128k€112k▼
Amounts payable within one year42/48€178k€205k▲
Current portion of amounts payable after more than one year42€41k€42k▲
Trade debts44€88k€76k▼
Suppliers440/4€88k€76k▼
Taxes, remuneration and social security45€48k€86k▲
Taxes450/3€37k€79k▲
Remuneration and social security454/9€11k€7k▼
Other amounts payable47/48€800€833▲
Income statement
Code20242025
Remuneration, social security and pensions62€60k€73k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€24k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€337k€443k▲
Operating profit (loss)9901€257k€345k▲
Financial income75/76B€11k€31k▲
Recurring financial income75€11k€31k▲
Financial charges65/66B€10k€10k▼
Recurring financial charges65€10k€10k▼
Profit (loss) for the period before taxes9903€258k€366k▲
Income taxes67/77€80k€114k▲
Profit (loss) for the period9904€178k€252k▲
Profit (loss) for the period to be appropriated9905€178k€252k▲
Appropriation of the result
Profit (loss) to be appropriated9906€290k€364k▲
Profit (loss) brought forward from the previous period14P€112k€112k=
Transfer to equity691/2€177k€251k▲
To other reserves6921€177k€251k▲
Profit to be distributed694/7€800€833▲
Return on contributions (dividend)694€800€833▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (8 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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €252k ▲41.6%
Operating result €345k, net result €252k, both a record.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €500kEq €563k ▲45.1%
5 profitable years in a row build equity to €563k.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
17-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €42k ▼49.3%
Net result drops to €42k, the lowest in the series; recovery starts the following year.
31-03
Financial
Equity above €200kEq €234k ▲21.1%
2 profitable years in a row build equity to €234k.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
14-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
14-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 379 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Heusden-Zolder · 1 establishment unit since 2013
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.
Gildenstraat 243550 Heusden-ZolderGround area
1,636 m²
Building footprint
198 m²
Volume, LiDAR
906 m³
Parcel 71462E0367/00D002, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Environmental Works
since 20132.231.844.492
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71462E0367/00D002 | Flanders | 1,636 m² | 1 · 198 m² | 7.0 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 1,208 EUR awarded · 1,208 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 128 EUR | 128 EUR |
| 2023 | 1 | 1,080 EUR | 1,080 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
894500OCPWXOXAFR7623
Similar companies · same sector, comparable size
HEREMANS M.
BE 0808.759.769
Pajottegem · Eq €991k
CHAPELLE V. ET FILS
BE 0468.584.630
Seneffe · Eq €992k
MOORTHAMERS TRANSPORT
BE 0870.449.987
Sint-Gillis-Waas · Eq €988k
PIJKELS JEAN
BE 0879.025.777
Maasmechelen · Eq €987k
ENTREPRISES DI MATTEO & FILS
BE 0890.856.215
Seraing · Eq €984k
Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 1,694 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-06-2013
Fiscal year end31-03
Abbreviation NL
EW
Trade name NL
E.W.
Activities, NACEBEL 2025
43120Site preparation
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.