GOODWORK SOLUTIONS
ActiveThe computed 12-month bankruptcy probability of GOODWORK SOLUTIONS is 4.1% (elevated). The 2025 annual accounts show equity of €4k and a net result of €10k. Equity is growing by ~40.2% per year across the filed fiscal years. Its solvency ranks better than 58% of 27450 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency79▲+79
Growth52▲+30
Track record94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 2.19; short-term debt: 45.7% and cash: 39.5% of total assets), and 45.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
54.3%
Return on assets
131.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-04-2026, 121 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
121 d early
2024
41 d early
2023
50 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€57k▼ 31.8%
2024 · €84k
2023: €136k
2024: €84k
2023 → 2025
EBIT margin
19.7%▲ 27.8pp
2024 · -8.1%
2023: -1.6%
2024: -8.1%
2023 → 2025
Net result
€10k
2024 · €-7k
2023: €-2k
2024: €-7k
2023 → 2025
Working capital
€4k
2024 · €-6k
2023: €853
2024: €-6k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€136k-€84k▼ 38.1%€57k▼ 31.8%
Equity€853-€-6k€4k
Operating result€-2k-€-7k▼ 223%€11k
Net result€-2k-€-7k▼ 226%€10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €11k after a loss of €7k in 2024, the highest result in the available series.
Balance-sheet composition
Equity and liabilities €8k
Equity
€4k
Debt
€4k
Debt finances 45.7% of the balance-sheet total.
Key figures and ratios
Solvency
54.3%
Current ratio
2.19
Quick ratio
2.19
Debt / equity
0.84
ROE
241.4%
ROA
131.2%
Debt
€4k▼
2024 · €9k
Debt ≤ 1 year
€4k▼
2024 · €9k
Income taxes
€500
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3k€8k▲
Current assets29/58€3k€8k▲
Amounts receivable within one year40/41€1k€5k▲
Trade receivables40€154€4k▲
Other amounts receivable41€1k€986▼
Cash at bank and in hand54/58€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€3k€8k▲
Equity10/15€-6k€4k▲
Contributions10/11€3k€3k=
Outside capital11€3k€3k=
Other1109/19€3k€3k=
Profit (loss) carried forward14€-9k€1k▲
Amounts payable17/49€9k€4k▼
Amounts payable within one year42/48€9k€4k▼
Trade debts44€1k-
Suppliers440/4€1k-
Advances received on contracts in progress46€4k-
Taxes, remuneration and social security45-€500
Taxes450/3-€500
Other amounts payable47/48€3k€3k▼
Income statement
Code20242025
Turnover70€84k€57k▼
Goods, raw materials, services and sundry goods60/61€90k€45k▼
Other operating charges640/8€244€917▲
Gross operating margin9900€-7k€12k▲
Operating profit (loss)9901€-7k€11k▲
Financial charges65/66B€180€294▲
Recurring financial charges65€180€294▲
Profit (loss) for the period before taxes9903€-7k€11k▲
Income taxes67/77-€500
Profit (loss) for the period9904€-7k€10k▲
Profit (loss) for the period to be appropriated9905€-7k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€1k▲
Profit (loss) brought forward from the previous period14P€-2k€-9k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
31-12
Financial
Liquidity times 8current ratio 2.19
Current ratio from 0.29 to 2.19; short-term debt falls from €9k to €4k.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Berckmansstraat 1131060 Sint-Gillis (bij-Brussel)Ground area
233 m²
Building footprint
104 m²
Volume, LiDAR
1,638 m³
Parcel 21013B0017/00P017, Brussels · tallest building 21.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
GOODWORK SOLUTIONS
since 20222.326.758.695
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0017/00P017 | Brussels | 233 m² | 1 · 104 m² | 21.3 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
HARLEY RENOV
BE 1026.196.751
Lessines · Eq €4k
AJ PAINTING & RENOVATION
BE 0765.569.134
Tielt-Winge · Eq €4k
Uni Kons
BE 0758.377.276
Gent · Eq €4k
ESL WORKS
BE 0782.634.404
Braine-le-Comte · Eq €4k
DECO CONSULTING
BE 0536.863.128
Jette · Eq €4k
Of 15,542 companies in sector 43990 we hold annual accounts for 7,421. 2,481 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2022
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43995Specialised construction activities
16230Manufacture of other builders' carpentry and joinery
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
43320Joinery installation
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.