EQUITY@WORK
ActiveSummary
EQUITY@WORK has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of €506,916. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 53% of 31840 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+9
Solvency84▲+4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190,000 at 30 days acceptable
Liquidity ample (current ratio 2.34 against 2.28 in 2024; short-term debt: 10.9% and cash: 6.7% of total assets), and 40.9% 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○neutral
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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
59.1%
Return on assets
12.7%
Age of the figures
15 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 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
7 d early
2023
7 d early
2022
13 d early
2021
3 d early
2020
5 d early
2018
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
Total assets
€4.0m▲ 19.2%
2024 · €3.3m
Net result
€506,916▲ 177%
2024 · €183,231
Working capital
€581,958▲ 33.9%
2024 · €434,608
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€531,081▼ 23.5%€197,126▼ 62.9%€309,602▲ 57.1%€297,431▼ 3.9%€769,950▲ 159%
Net result€355,929▼ 13.8%€131,477▼ 63.1%€204,028▲ 55.2%€183,231▼ 10.2%€506,916▲ 177%
Equity€1.4m▲ 6.0%€1.5m▲ 9.7%€1.7m▲ 13.7%€1.8m▲ 9.1%€2.4m▲ 27.5%
Total assets€2.0m▲ 11.6%€2.1m▲ 2.5%€2.2m▲ 6.2%€3.3m▲ 53.0%€4.0m▲ 19.2%
Debt€601,205▼ 12.6%€522,533▼ 13.1%€447,841▼ 14.3%€1.5m▲ 224%€1.6m▲ 9.4%
Working capital€291,997▲ 35.1%€225,552▼ 22.8%€432,718▲ 91.8%€434,608▲ 0.4%€581,958▲ 33.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2025 Net result +177% on 2024. Cause not known from the registers.
- 2024 Total assets +53% on 2023. Cause not known from the registers.
- 2022 Net result -63% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 159% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.0m
Fixed assets
€3.0m ▲ 15.5%
Current assets
€1.0m ▲ 31.6%
Equity and liabilities €4.0m
Equity
€2.4m ▲ 27.5%
Provisions
€38,709 ▼ 4.4%
Debt
€1.6m ▲ 9.4%
Debt's share of the balance-sheet total falls from 43.5% to 39.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€888,739▲
2024 · €483,949
Cash flow
€625,705▲
2024 · €369,749
Current ratio
2.34▲
2024 · 2.28
Debt to equity
0.68▼
2024 · 0.79
ROE
21.6%▲
2024 · 9.9%
ROA
12.7%▲
2024 · 5.5%
Interest coverage
15.14▲
2024 · 13.92
Debt ≤ 1 year
€435,316▲
2024 · €338,407
Debt > 1 year
€1.1m▲
2024 · €1.1m
Income taxes
€217,658▲
2024 · €85,199
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €28,310 | €495 | ▼ 98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €128,423 | €85,657 | €89,603 | €186,518 | €118,789 | ▼ 36.3% |
| Other operating charges640/8 | - | €6,459 | €9,416 | €9,276 | €6,649 | ▼ 28.3% |
| Gross operating margin9900 | €672,341 | €289,242 | €408,622 | €493,226 | €895,388 | ▲ 81.5% |
| Operating profit (loss)9901 | €531,081 | €197,126 | €309,602 | €297,431 | €769,950 | ▲ 159% |
| Financial income75/76B | - | €5 | €108 | €3,983 | €11,563 | ▲ 190% |
| Recurring financial income75 | €650 | €5 | €108 | €3,983 | €11,563 | ▲ 190% |
| Financial charges65/66B | - | €5,306 | €5,851 | €34,765 | €58,714 | ▲ 68.9% |
| Recurring financial charges65 | €12,610 | €5,306 | €5,851 | €34,765 | €58,714 | ▲ 68.9% |
| Profit (loss) for the period before taxes9903 | €519,120 | €191,825 | €303,859 | €266,649 | €722,798 | ▲ 171% |
| Transfer from deferred taxes780 | - | €1,776 | €1,776 | €1,780 | €1,776 | ▼ 0.2% |
| Income taxes67/77 | €115,994 | €62,124 | €101,607 | €85,199 | €217,658 | ▲ 155% |
| Profit (loss) for the period9904 | €355,929 | €131,477 | €204,028 | €183,231 | €506,916 | ▲ 177% |
| Transfer from tax-exempt reserves789 | - | €5,328 | €5,328 | €5,341 | €5,328 | ▼ 0.2% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €210,500 | - |
| Profit (loss) for the period to be appropriated9905 | €214,339 | €136,805 | €209,355 | €188,571 | €301,744 | ▲ 60.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €2.1m | €2.2m | €3.3m | €4.0m | ▲ 19.2% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €1.7m | €1.7m | €1.6m | €2.6m | €3.0m | ▲ 15.5% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €1.7m | €1.7m | €1.6m | €2.6m | €3.0m | ▲ 15.5% |
| Land and buildings22 | - | €1.7m | €1.6m | €2.5m | €2.8m | ▲ 11.8% |
| Plant, machinery and equipment23 | - | €6,199 | €5,086 | €15,066 | €17,545 | ▲ 16.5% |
| Furniture and vehicles24 | - | €28,774 | €19,322 | €12,859 | €109,117 | ▲ 749% |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €421,110 | €344,552 | €548,546 | €773,015 | €1.0m | ▲ 31.6% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €147,480 | €27,342 | €36,528 | €149,510 | €746,066 | ▲ 399% |
| Trade receivables40 | - | €992 | €21,175 | €144,790 | €706,716 | ▲ 388% |
| Other amounts receivable41 | - | €26,350 | €15,353 | €4,720 | €39,350 | ▲ 734% |
| Current investments50/53 | €0 | - | €200,000 | - | - | - |
| Cash at bank and in hand54/58 | €270,297 | €312,483 | €306,166 | €617,487 | €264,611 | ▼ 57.1% |
| Deferred charges and accrued income490/1 | - | €4,727 | €5,852 | €6,018 | €6,597 | ▲ 9.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €2.1m | €2.2m | €3.3m | €4.0m | ▲ 19.2% |
| Equity10/15 | €1.4m | €1.5m | €1.7m | €1.8m | €2.4m | ▲ 27.5% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1.2m | €1.5m | €1.7m | €1.8m | €2.3m | ▲ 27.8% |
| Tax-exempt reserves132 | - | €132,124 | €126,796 | €121,456 | €326,627 | ▲ 169% |
| Distributable reserves133 | - | €1.3m | €1.5m | €1.7m | €2.0m | ▲ 17.7% |
| Profit (loss) carried forward14 | €129,157 | - | - | - | - | - |
| Provisions and deferred taxes16 | €47,197 | €44,041 | €42,266 | €40,485 | €38,709 | ▼ 4.4% |
| Deferred taxes168 | - | €44,041 | €42,266 | €40,485 | €38,709 | ▼ 4.4% |
| Amounts payable17/49 | €601,205 | €522,533 | €447,841 | €1.5m | €1.6m | ▲ 9.4% |
| Amounts payable after more than one year17 | €473,197 | €401,300 | €328,698 | €1.1m | €1.1m | ▲ 2.2% |
| Financial debts170/4 | - | €401,300 | €328,698 | €1.1m | €1.1m | ▲ 2.2% |
| Amounts payable within one year42/48 | €129,112 | €119,000 | €115,828 | €338,407 | €435,316 | ▲ 28.6% |
| Current portion of amounts payable after more than one year42 | - | €71,897 | €72,603 | €113,333 | €144,062 | ▲ 27.1% |
| Trade debts44 | €4,148 | €1,786 | €4,326 | €66,558 | €84,160 | ▲ 26.4% |
| Suppliers440/4 | - | €1,786 | €4,326 | €66,558 | €84,160 | ▲ 26.4% |
| Taxes, remuneration and social security45 | - | €32,120 | €38,899 | €74,183 | €160,815 | ▲ 117% |
| Taxes450/3 | - | €32,120 | €38,899 | €74,183 | €160,815 | ▲ 117% |
| Other amounts payable47/48 | - | €13,197 | - | €84,333 | €46,279 | ▼ 45.1% |
| Accrued charges and deferred income492/3 | - | €2,233 | €3,315 | €25,193 | €41,323 | ▲ 64.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €355,929 | €131,477 | €204,028 | €183,231 | €506,916 | ▲ 177% |
| + Depreciation and write-downs630 | €128,423 | €85,657 | €89,603 | €186,518 | €118,789 | ▼ 36.3% |
| Operating cash flow (approximation) | €484,352 | €217,134 | €293,631 | €369,749 | €625,705 | ▲ 69.2% |
| Investment in fixed assets (approximation) | - | -€94,404 | -€13,168 | -€1.1m | -€516,521 | ▲ 53.8% |
| Change in cash | - | €42,185 | -€6,317 | €311,321 | -€352,875 | ▼ 213% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
State Gazette act
Registered officeRegistered-office move · Power of attorney · Registered office clause6 facts ▸
State Gazette act
Registered office
Registered-office move · Power of attorney · Registered office clause6 facts ▸
- Board meeting, 26-08-2026
- Registered-office move, Molenstraat 66, 9140 Tielrode
- Power of attorney, aternio legal besloten vennootschap
- Power of attorney, Eveline Smet
- Power of attorney, Sophie Claeys
- Registered office clause, Molenstraat 66, 9140 Temse, 04-09-2026
20-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2018net €506,916 ▲177%
Operating result €769,950, net result €506,916, both a record.
30-06
Financial
Equity above €2mEq €2.4m ▲27.5%
7 profitable years in a row build equity to €2.4m.
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €131,477 ▼63.1%
Net result drops to €131,477, the lowest in the series; recovery starts the following year.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €1mEq €1.3m ▲38.6%
2 profitable years in a row build equity to €1.3m.
2019
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
20-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Temse · 1 establishment unit since 2006
Ground area
5,857 m²
Building footprint
164 m²
Volume, LiDAR
1,113 m³
Parcel 46026A0374/00F000, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
EQUITY@WORK
since 20062.157.174.585
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46026A0374/00F000 | Flanders | 5,857 m² | 1 · 163 m² | 10.8 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.
Structure & network
Connections & network
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 18,374 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-10-2006
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0884443030
Also
9925:BE0884443030
Registered
13-08-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.