Equity
€568,647 ▲ 9.5%
FS Workx paid out €100,000 in dividends. That is 67% of the 2025 profit.
FS Workx
Lifetime
9 annual accounts with figures on one time axispeak €1.4m (2025)
€1.4m▲ 17.1%
peak €152,091 (2023)
€149,306▲ 9.3%
peak €568,647 (2025)
€568,647▲ 9.5%
€1.1m▼ 10.5%
peak 7.8 FTE (2020)
-not published
Board3 names since 2016
3 directors and 2 others
Documentsfilings and deeds
15-07-202616 days before the deadline
2025abbreviated format
Gross margin from €1.2m to €1.4mDividend €100,000Cash from €413,850 to €120,485
Key points
from the 2025 annual accountsTurnover
≈ €2.4m estimated
The accounts state no turnover.
Investments
€38,784 0.2 × depreciation
Green is investment, beige is depreciation.
Staff
13 employees on 31-12-2025
In 2025, 6 people joined and 6 left.
Filings
9 annual accounts 2 late
The 2018 accounts came latest: 33 days after the end of the period.
Position in the sector
€149,306
Higher net result than 81% of companies in construction of buildings. Sector median €24,953 · 2,650 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as FS Workx has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for FS Workx. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Manager, since 05-01-2016
Director, since 05-01-2016
Director, since 05-01-2016
- 60 sharesdeed of 11-01-2016
- 40 sharesdeed of 11-01-2016
Recent changes
Environmental permit granted
Nieuwbouw of aanleggen · Veurne
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0645668028
Changes of role: (director) and (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 12-10-2023 · Gazette deed
Registered office moved from Oostduinkerke to Veurne
New registered office: Monnikshoekstraat 12 te 8630 Veurne · Previous registered office: Polderstraat 132 te 8670 Oostduinkerke · General meeting of 01-02-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FS Workx Veurne | €1.7m | €1.4m | 34.0% | - |
| AGESS PROJECTS Asse | €1.8m | €1.5m | 21.1% | 9 |
| ZeDreno Wijnegem | €1.9m | €1.6m | 23.8% | - |
| DRTA Soignies | €1.7m | €1.0m | 42.3% | 6.4 |
| WOODPROJECT -DEL SOL Menen | €1.7m | €1.0m | -5.4% | 17.4 |
| BOUWWERKEN CLOET Wingene | €1.6m | €1.1m | 40.6% | 10.9 |
| ALP DECOR Roeselare | €2.1m | €1.2m | 16.7% | 10.6 |
These companies have the same main activity as FS Workx: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1.6m and €2.1m, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 07-01-2016Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Establishment unit
- 2.248.830.1828630 Veurne, since 07-01-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 04-02-2025
Annual accounts 2025
- €1.7m▼ 4.6%
- Employeeson 31-12-2025
- 13=
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Insights on FS Workx
FS Workx files the abbreviated format. That format states no turnover. The gross margin rose from €276,309 in 2017 to €1.4m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FS Workx
- What is the company number of FS Workx?
- The company number of FS Workx is 0645.668.028. The VAT number is the same number with BE in front: BE 0645.668.028.
- Where is FS Workx based?
- The registered office is at Monnikshoekstraat 12, 8630 Veurne.Company details
- What does FS Workx do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of FS Workx?
- FS Workx is a private limited company (BV).
- When was FS Workx founded?
- FS Workx was founded on 07-01-2016.
- Is FS Workx still active?
- Yes, FS Workx is an active enterprise in the KBO register.
- How many employees does FS Workx have?
- FS Workx had an average of 13.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FS Workx?
- The turnover in financial year 2025 is ≈ €2.4m. This figure is estimated from the gross margin of €1.4m and 1,564 comparable companies of the same size. It probably lies between €1.6m and €3.9m. It is a rough estimate.
- Is FS Workx profitable?
- In financial year 2025, FS Workx made a profit of €149,306.
- Where can I find the annual accounts of FS Workx?
- FS Workx filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FS Workx due?
- FS Workx must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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