Ernst@Work
ActiveSummary
Ernst@Work has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88,821 and a net result of €20,091. Equity is growing by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 49% of 2729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
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Signals
This company filed its last 7 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €75,538 | €128,094 | €116,370 | €134,769 | €149,203 | ▲ 10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,401 | €3,280 | €2,748 | €3,422 | €20,644 | ▲ 503% |
| Other operating charges640/8 | €3,024 | €8,204 | €14,859 | €3,736 | €3,172 | ▼ 15.1% |
| Non-recurring operating charges66A | - | - | €242 | €0 | - | - |
| Gross operating margin9900 | €104,457 | €131,539 | €161,318 | €150,199 | €204,367 | ▲ 36.1% |
| Operating profit (loss)9901 | €24,494 | -€8,038 | €27,098 | €8,271 | €31,347 | ▲ 279% |
| Financial income75/76B | €124 | €473 | €1 | €138 | €125 | ▼ 9.5% |
| Recurring financial income75 | €124 | €473 | €1 | €138 | €125 | ▼ 9.5% |
| Financial charges65/66B | €578 | €1,482 | €2,475 | €3,186 | €5,651 | ▲ 77.3% |
| Recurring financial charges65 | €578 | €1,482 | €2,475 | €3,186 | €5,651 | ▲ 77.3% |
| Profit (loss) for the period before taxes9903 | €24,040 | -€9,047 | €24,625 | €5,222 | €25,821 | ▲ 394% |
| Income taxes67/77 | €5,120 | €109 | €4,411 | €2,585 | €5,730 | ▲ 122% |
| Profit (loss) for the period9904 | €18,920 | -€9,156 | €20,213 | €2,638 | €20,091 | ▲ 662% |
| Profit (loss) for the period to be appropriated9905 | €18,920 | -€9,156 | €20,213 | €2,638 | €20,091 | ▲ 662% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €91,695 | €156,232 | €180,415 | €185,575 | €196,617 | ▲ 6.0% |
| Fixed assets21/28 | €8,158 | €89,537 | €86,614 | €102,634 | €106,468 | ▲ 3.7% |
| Intangible fixed assets21 | - | - | - | - | €34,185 | - |
| Tangible fixed assets22/27 | €7,908 | €4,627 | €1,879 | €17,899 | €45,759 | ▲ 156% |
| Plant, machinery and equipment23 | €6,605 | €4,242 | €1,879 | €3,167 | €18,800 | ▲ 494% |
| Furniture and vehicles24 | €1,303 | €386 | - | €14,732 | €22,311 | ▲ 51.4% |
| Other tangible fixed assets26 | - | - | - | - | €4,647 | - |
| Financial fixed assets28 | €250 | €84,910 | €84,735 | €84,735 | €26,525 | ▼ 68.7% |
| Current assets29/58 | €83,537 | €66,695 | €93,801 | €82,940 | €90,149 | ▲ 8.7% |
| Stocks and contracts in progress3 | - | - | - | - | €970 | - |
| Stocks30/36 | - | - | - | - | €970 | - |
| Amounts receivable within one year40/41 | €20,979 | €10,026 | €38,593 | €25,830 | €23,736 | ▼ 8.1% |
| Trade receivables40 | €16,277 | €5,188 | €36,056 | €17,735 | €20,187 | ▲ 13.8% |
| Other amounts receivable41 | €4,702 | €4,839 | €2,537 | €8,095 | €3,549 | ▼ 56.2% |
| Cash at bank and in hand54/58 | €60,624 | €39,644 | €51,632 | €36,857 | €62,867 | ▲ 70.6% |
| Deferred charges and accrued income490/1 | €1,935 | €17,025 | €3,575 | €20,253 | €2,575 | ▼ 87.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €91,695 | €156,232 | €180,415 | €185,575 | €196,617 | ▲ 6.0% |
| Equity10/15 | €55,034 | €45,879 | €66,092 | €68,729 | €88,821 | ▲ 29.2% |
| Contributions10/11 | €12,000 | €12,000 | €12,000 | €12,000 | €12,000 | = |
| Reserves13 | €43,034 | €33,879 | €54,000 | €54,000 | €76,000 | ▲ 40.7% |
| Distributable reserves133 | €43,034 | €33,879 | €54,000 | €54,000 | €76,000 | ▲ 40.7% |
| Profit (loss) carried forward14 | - | - | €92 | €2,729 | €821 | ▼ 69.9% |
| Amounts payable17/49 | €36,661 | €110,354 | €114,323 | €116,845 | €107,796 | ▼ 7.7% |
| Amounts payable after more than one year17 | - | €40,900 | €29,885 | €18,565 | €6,933 | ▼ 62.7% |
| Financial debts170/4 | - | €40,900 | €29,885 | €18,565 | €6,933 | ▼ 62.7% |
| Amounts payable within one year42/48 | €36,661 | €68,454 | €83,451 | €98,280 | €88,422 | ▼ 10.0% |
| Current portion of amounts payable after more than one year42 | - | €10,719 | €11,920 | €11,319 | €11,632 | ▲ 2.8% |
| Trade debts44 | €1,991 | €8,111 | €3,414 | €14,882 | €9,782 | ▼ 34.3% |
| Suppliers440/4 | €1,991 | €8,111 | €3,414 | €14,882 | €9,782 | ▼ 34.3% |
| Taxes, remuneration and social security45 | €34,670 | €49,624 | €45,944 | €50,717 | €44,492 | ▼ 12.3% |
| Taxes450/3 | €18,487 | €25,880 | €21,809 | €25,548 | €20,177 | ▼ 21.0% |
| Remuneration and social security454/9 | €16,183 | €23,744 | €24,135 | €25,169 | €24,315 | ▼ 3.4% |
| Other amounts payable47/48 | - | - | €22,173 | €21,362 | €22,516 | ▲ 5.4% |
| Accrued charges and deferred income492/3 | - | €999 | €988 | €0 | €12,441 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,920 | -€9,156 | €20,213 | €2,638 | €20,091 | ▲ 662% |
| + Depreciation and write-downs630 | €1,401 | €3,280 | €2,748 | €3,422 | €20,644 | ▲ 503% |
| Operating cash flow (approximation) | €20,321 | -€5,875 | €22,961 | €6,060 | €40,735 | ▲ 572% |
| Investment in fixed assets (approximation) | - | -€84,660 | €175 | -€19,442 | -€24,478 | ▼ 25.9% |
| Change in cash | - | -€20,980 | €11,988 | -€14,775 | €26,010 | ▲ 276% |
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
28-05
State Gazette act
Capital & shares · RestructuringMerger · Purpose change · Power of attorney13 facts ▸
- General meeting, unanimous
- Merger, fusion by absorption, fulfilment of suspensive condition
- Purpose change
- Power of attorney
- Approval, approval of annual accounts, between closing of previous fiscal year and present
- Share cancellation, aandelen, 100
- Share issue, aandelen zonder uitgedrukte nominale waarde, 1000
- Statutes amendment
- Power of attorney, Patrick Knevels
- Other statement, bestuurders, afgesloten boekjaar
- Other statement, bestuurders, opdrachten uitgeoefend
- Other statement, vaststelling tot stand komen fusie en overgang vermogen, fulfilment of suspensive condition
- +1 further facts in this act
06-03
State Gazette act
RestructuringMerger · Accounting effect · Net-asset statement10 facts ▸
- Merger, absorption
- Accounting effect, 01-01-2026
- Net-asset statement, 31-12-2025
- Shareholding, 155, 100%
- Shareholding, 100%
- Capital, €12.000
- Capital
- Merger condition, no new shares issued
- Merger condition, no special rights or benefits
- Merger condition, costs borne by absorbing company with indemnity
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 2 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11442C0263/00N007 | Flanders | 887 m² | 1 · 235 m² | 9.1 m · 3 fl. |
| 11442C0245/00Z002 | Flanders | 199 m² | 1 · 87 m² | 8.8 m · 3 fl. |
Linked by address, not proof of ownership
Articles of association
Full purpose
Ontwikkelen en supports van websites en software, beheer van databanken, consulting, opleidingen en marketing, handel in hard- en software, digitale en analoge beeldvorming; webmaster en hosting; ontwerpen en programmeren van computerprogramma's; herstelling van computers; webdesign; eCommerce; overige diensten op het gebied van informatietechnologie en computers; beheer en uitbreiding van onroerend vermogen; verwerven van participaties; borgstellen, voorschotten toestaan, kredieten verlenen; beheer en exploitatie van sportcentra, fitnesscentra, gymnastiekzalen; organisatie van sportevenementen; verkoop via automaten van dranken en eetwaren; klein- en groothandel in sportartikelen, voeding en verzorgingsartikelen; voedingsconsulent; begeleiding van personen; uitbating van welness.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
- Fast CastlesubsidiaryEquity €4,621Result -€1,620100%
According to the 2025 annual accounts of Ernst@Work and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionCapital and shareholders
- Ernst Thom 100%
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 06-03-2026 Capital stated in the act · 12,000 EUR · 100 shares
Recognitions · licences · registrations
Legal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.