FV WORKS
The computed 12-month bankruptcy probability of FV WORKS is 1.6% (moderate). The 2024 annual accounts show equity of €44k and a net result of €21k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 66% of 961 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €44k |
| Net result | €21k |
| Staff (FTE) | 1.1 |
| Better than sector | 66% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 43.2% | 27.4% | |
| Net result | €21k | €24k | |
| Equity | €44k | €171k | |
| Gross operating margin | €73k | €174k | |
| Staff costs | €37k | €166k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €32k |
| Net profit | €21k |
| Cash flow | €25k |
| Staff costs | €37k |
| Income taxes | €5k |
| Dividends | €859 |
| Total assets | €101k |
| Equity | €44k |
| Debt | €57k |
| of which ≤ 1y | €41k |
| of which > 1y | - |
| Working capital | €50k |
| Employees (FTE) | 1.1 |
| 2024 | |
|---|---|
| Current ratio | 2.21 |
| Quick ratio | 2.21 |
| Working capital ratio | 49.4% |
| Solvency | 43.2% |
| Debt / equity | 1.31 |
| Long-term debt ratio | - |
| Interest coverage | 17.12 |
| Gross margin | - |
| Net margin | - |
| ROA | 21.1% |
| ROE | 48.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €101k |
| Fixed assets | 21/28 | €10k |
| Intangible fixed assets | 21 | €7k |
| Tangible fixed assets | 22/27 | €1k |
| Financial fixed assets | 28 | €858 |
| Current assets | 29/58 | €92k |
| Amounts receivable within one year | 40/41 | €88k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €101k |
| Equity | 10/15 | €44k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €39k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €57k |
| Amounts payable within one year | 42/48 | €41k |
| Trade debts payable within one year | 44 | €20k |
| Income statement | ||
| Gross operating margin | 9900 | €73k |
| Operating result | 9901 | €28k |
| Financial income | 75 | €75 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €26k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €21k |
| Result to be appropriated | 9905 | €21k |
| NACE primary | Wholesale trade(46180) |
| Legal form | Private limited company(610) |
| Incorporation | 08-03-2021 |
| Status | Active |
| Postal code | 8310 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31002A0055/00E006 | Flanders | 470 m² | 1 · 216 m² | 12.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
05-02-2026 Registered office moved from Brugge to Brugge (Assebroek)
- Steenkaai 30, 8000 Brugge → Generaal Lemanlaan 80, 8310 Brugge (Assebroek)
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Brugge (Assebroek)",
"region": null,
"street": "Generaal Lemanlaan",
"country": "BE",
"postcode": "8310",
"box_number": null,
"street_number": "80"
},
"old_address": {
"city": "Brugge",
"region": null,
"street": "Steenkaai",
"country": "BE",
"postcode": "8000",
"box_number": "1",
"street_number": "30"
},
"effective_date": "2025-12-16",
"evidence_quote": "Het bestuur beslist dat de zetel van de vennootschap zal worden verplaatst van 8000 Brugge, Steenkaai 30 bus 1; naar 8310 Brugge (Assebroek), Generaal Lemanlaan 80, en dit vanaf 16 december 2025."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0764.788.481",
"name_full": "FV WORKS",
"legal_form": "BV"
}
}05-08-2025 Change in the board of directors
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0764.788.481",
"name_full": "FV WORKS",
"legal_form": "BV"
}
}28-10-2022 Registered office moved from Antwerpen to Brugge
- Frankrijklei 123A, 2000 Antwerpen → Steenkaai 30, 8000 Brugge
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Brugge",
"region": null,
"street": "Steenkaai",
"country": "BE",
"postcode": "8000",
"box_number": "1",
"street_number": "30"
},
"old_address": {
"city": "Antwerpen",
"region": null,
"street": "Frankrijklei",
"country": "BE",
"postcode": "2000",
"box_number": "0001",
"street_number": "123A"
},
"effective_date": "2022-10-12",
"evidence_quote": "Het Bestuursorgaan beslist met eenparigheid van stemmen om de zetel te verplaatsen van 2000 Antwerpen, Frankrijklei 123A naar 8000 Brugge, Steenkaai 30 bus 1 en dit vanaf heden."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0764.788.481",
"name_full": "FV WORKS",
"legal_form": "BV"
}
}15-12-2021 Registered office moved from Brugge to Antwerpen
- Garenmarkt 16, 8000 Brugge → Frankrijklei 123, 2000 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Antwerpen",
"region": null,
"street": "Frankrijklei",
"country": "BE",
"postcode": "2000",
"box_number": null,
"street_number": "123"
},
"old_address": {
"city": "Brugge",
"region": null,
"street": "Garenmarkt",
"country": "BE",
"postcode": "8000",
"box_number": "0001",
"street_number": "16"
},
"effective_date": "2021-10-15",
"evidence_quote": "De beslissing tot verplaatsing van maatschappelijke zetel van de Vennootschap en dit van de Garenmarkt 16/0001, 8000 Brugge, naar Frankrijklei 123 A, 2000 Antwerpen, en dit vanaf 15 oktober 2021."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0764.788.481",
"name_full": "FV WORKS",
"legal_form": "BV"
}
}10-03-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "8000 Brugge, Garenmarkt 16 bus 0001",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1996-12-24",
"name": "VANDERSTEEN Ferris",
"niss": null,
"address": "8000 Brugge, Garenmarkt 16 bus 0001"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 100,
"holder_person_name": "VANDERSTEEN Ferris",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 100,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 100,
"subject_company": {
"kbo": "0764.788.481",
"name_full": "FV WORKS",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-03-05",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | FV WORKS |