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Global Workwear

Active
Private limited companyfounded 2015active for 11 yearsRopsy Chaudronstraat 22 B, 1070 Anderlecht, BelgiumKBO/BCE: BE 0628.970.467

The file of Global Workwear contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 23.1% (high). The 2024 annual accounts show negative equity (-€189,424) and a net result of €8,038. Equity is shrinking by about 23% per year across the filed financial years. Its solvency ranks better than 9% of 25,599 sector peers (NACE 47, financial year 2024).

Overview

Activity
Retail trade
NACE 47715Retail trade NACE 47511
3 sites
Size
€195,261total assets 2024
Equity
-€189,424
Profit
€8,038
Turnover not published (micro format)
Financial health
12 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
23.1%
Structure
Accounts 75 days overdue0 of 6 deeds read
Why 12raises riskReorganisation plan being carried out (approved, Gazette 18-04-2024)1 financial year not filed after the legal deadline; latest accounts 123 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 05-12-2025)lowers riskSize: total assets €195,261Show the evidence

Checked score

Score 2024
12 / 100
Critical
Probability in this band: over 15.0%
Financially better than 30% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -97.0% of total assets
Liquidity 2+2
short-term debt 166.0% · cash 1.3%
Profitability 74+74
return on assets 4.1%
Bankruptcy probability, 12 months
23.1% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,196 companies, NACE 47, micro)
Last 24 months 11-2024: ≥ 25% 12-2024: ≥ 25%● unchanged vs 11-2024 01-2025: ≥ 25%● unchanged vs 12-2024 02-2025: ≥ 25%● unchanged vs 01-2025 03-2025: ≥ 25%● unchanged vs 02-2025 04-2025: ≥ 25%● unchanged vs 03-2025 05-2025: ≥ 25%● unchanged vs 04-2025 06-2025: ≥ 25%● unchanged vs 05-2025 07-2025: ≥ 25%● unchanged vs 06-2025 08-2025: ≥ 25%● unchanged vs 07-2025 09-2025: ≥ 25%● unchanged vs 08-2025 10-2025: ≥ 25%● unchanged vs 09-2025 11-2025: ≥ 25%● unchanged vs 10-2025 12-2025: ≥ 25%● unchanged vs 11-2025highest value 01-2026: 18.0%▼ -20.1 percentage points vs 12-2025 02-2026: 18.0%● unchanged vs 01-2026 03-2026: 17.7%▼ -0.3 percentage points vs 02-2026 04-2026: 17.2%▼ -0.5 percentage points vs 03-2026 05-2026: 15.4%▼ -1.8 percentage points vs 04-2026 06-2026: 14.7%▼ -0.7 percentage points vs 05-2026 07-2026: 14.4%▼ -0.3 percentage points vs 06-2026lowest value 08-2026: 16.7%▲ +2.3 percentage points vs 07-2026 09-2026: 18.4%▲ +1.7 percentage points vs 08-2026 10-2026: 23.1%▲ +4.7 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.59, compared with 0.59 in 2023, below 1; short-term debt: 166% and cash: 1.3% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 6% on solvency, 4% on liquidity, 59% on profitability and 50% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
raises risk · Reorganisation plan being carried out (approved, Gazette 18-04-2024)
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 123 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 05-12-2025)
NBB · annual accounts
lowers risk · Size: total assets €195,261
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 25599 sector peers (2024).
NBB · sector comparison
Position among 25599 sector peers
Solvency
better than 9%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-12-2025, 123 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
123 days late
2023
19 days early
2022
31 days late
2021
240 days late
2020
90 days late
2019
267 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 122 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Back to profitnet €8,038
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€189,424 View
  • Caution: Among the weakest 5% on equitysector median €39,209 · 25,656 companies -€189,424 View
  • Positive: Back in profit in 2024after -€63,665 in 2023 €8,038 View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View

By topic

Financials

Financial year
2024
Total assets
€195,261
Profit
€8,038
Solvency
-97.0%
Total assets▼ 4.6%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 18-04-2024Plan homologation
  2. 31-12-2023Weakest financial year
  3. 28-12-2023Opening
Go to Timeline

Company details

Sites
3
Legal form
Private limited company
Activity
Retail tradeNACE 47715
Founded
29-04-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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