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HEAVY WORKS

Active
Private limited companyfounded 2025active for 1 yearRue de Florennes 8, 5640 Mettet, BelgiumKBO/BCE: BE 1023.124.524
Summary

The computed 12-month bankruptcy probability of HEAVY WORKS is 3.5% (moderate). The 2025 annual accounts show equity of €34,738 and a net result of €31,738. Its solvency ranks better than 43% of 34,650 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€85,144total assets 2025
Equity
€34,738
Profit
€31,738
Turnover not published (micro format)
Financial health
50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.5%
Structure
Accounts 9 days early
Why 50raises riskFounded in 20251 change of registered office in 24 monthsLiquidity: current ratio 1.19, cash €946lowers riskFigures for financial year 2025 (filed 22-07-2026)Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 49% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 66
equity 40.8% of total assets
Liquidity 21
short-term debt 59.2% · cash 1.1%
Profitability 100
return on assets 37.3%
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,613 companies, NACE 43, micro)
Last 24 months 06-2026: 3.8% 07-2026: 3.9%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 3.0%▼ -0.9 percentage points vs 07-2026lowest value 09-2026: 3.3%▲ +0.3 percentage points vs 08-2026 10-2026: 3.5%▲ +0.2 percentage points vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.19, below the usual 1.5; short-term debt: 59.2% and cash: 1.1% of total assets), and 59.2% of the assets are financed with debt and provisions.
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 43, micro): better than 44% on solvency, 12% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 23-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 22-07-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 1.19, cash €946
NBB · annual accounts
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 22-07-2026, 9 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
9 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Registered officeRegistered-office move

Key points

  • Founded 17 months agofounded 08-05-2025 17 months View
  • Total assets 2025first financial year filed €85,144 View

By topic

Financials

Financial year
2025
Total assets
€85,144
Profit
€31,738
Solvency
40.8%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
08-05-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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