KS WOK
ActiveSummary
The computed 12-month bankruptcy probability of KS WOK is 5.1% (elevated). For KS WOK, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €6k and a net result of €261. Equity is shrinking by ~25.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 51% of 18007 sector peers (fiscal year 2023). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability41▲+41
Solvency53▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
5.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
28.3%
Return on assets
1.3%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-11-2024, 118 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
118 d late
2022
26 d late
2021
31 d late
2020
91 d late
2019
60 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€6k▲ 4.7%
2022 · €6k
2018: €-1k
2019: €24k
2020: €13k
2021: €14k
2022: €6k
2018 → 2023
Total assets
€20k▼ 12.0%
2022 · €23k
2018: €5k
2019: €31k
2020: €24k
2021: €27k
2022: €23k
2018 → 2023
Net result
€261
2022 · €-8k
2018: €1k
2019: €1k
2020: €-13k
2021: €791
2022: €-8k
2018 → 2023
Working capital
€6k▲ 4.7%
2022 · €6k
2018: €-1k
2019: €24k
2020: €13k
2021: €14k
2022: €6k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€24k-€13k▼ 46.1%€14k▲ 6.1%€6k▼ 59.8%€6k▲ 4.7%
Operating result€2k-€-12k€2k€-7k€2k
Net result€1k-€-13k€791€-8k€261
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 2023: €2k after a loss of €7k in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €20k
Equity
€6k ▲ 4.7%
Debt
€15k ▼ 17.2%
Debt's share of the balance-sheet total falls from 76.2% to 71.7%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.40▲
2022 · 1.31
Quick ratio
0.98▼
2022 · 0.99
Debt to equity
2.53▼
2022 · 3.20
ROE
4.5%▲
2022 · -148.9%
ROA
1.3%▲
2022 · -35.4%
Debt ≤ 1 year
€15k▼
2022 · €18k
Income taxes
€159
Staff costs
€37k▼
2022 · €41k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 36 lines
Balance sheet
Code20222023
Assets
Total assets20/58€23k€20k▼
Current assets29/58€23k€20k▼
Stocks and contracts in progress3€6k€6k▲
Stocks30/36€6k€6k▲
Amounts receivable within one year40/41€3k€3k▲
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€14k€10k▼
Deferred charges and accrued income490/1€614€721▲
Equity and liabilities
Total equity and liabilities10/49€23k€20k▼
Equity10/15€6k€6k▲
Contributions10/11€10k€10k=
Outside capital11€10k-
Other1109/19€10k-
Reserves13€26k€26k=
Non-distributable reserves130/1€26k€26k=
Reserves not available under the articles1311€26k€26k=
Profit (loss) carried forward14€-30k€-30k▲
Amounts payable17/49€18k€15k▼
Amounts payable within one year42/48€18k€15k▼
Trade debts44€9k€13k▲
Suppliers440/4€9k€13k▲
Taxes, remuneration and social security45€9k€2k▼
Taxes450/3€2k€92▼
Remuneration and social security454/9€6k€2k▼
Income statement
Code20222023
Remuneration, social security and pensions62€41k€37k▼
Other operating charges640/8€297€654▲
Gross operating margin9900€34k€40k▲
Operating profit (loss)9901€-7k€2k▲
Financial charges65/66B€816€2k▲
Recurring financial charges65€816€2k▲
Profit (loss) for the period before taxes9903€-8k€420▲
Income taxes67/77-€159
Profit (loss) for the period9904€-8k€261▲
Profit (loss) for the period to be appropriated9905€-8k€261▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-30k▲
Profit (loss) brought forward from the previous period14P€-22k€-30k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
26-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 118 days late
2023
31-12
Financial
Back to profitnet €261
Net result €261 after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €791
Net result €791 after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 91 days late
2020
31-12
Financial
Weakest financial yearnet €-13k ▼1060%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Highest result since 2018net €1k ▲0.1%
Net result €1k, the highest in the series.
31-12
Financial
Liquidity times 6current ratio 4.48
Current ratio from 0.77 to 4.48.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brussel · 1 establishment unit since 2016
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.
Negende Linielaan 351000 BrusselGround area
1,230 m²
Building footprint
958 m²
Volume, LiDAR
21,177 m³
2 parcels, Brussels · tallest building 25.0 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
KS WOK
since 20162.256.124.582
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1454/00X004 | Brussels | 1,013 m² | 1 · 874 m² | 24.9 m · 8 fl. |
| 21012A0162/00E000 | Brussels | 216 m² | 1 · 84 m² | 19.5 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Jans-Molenbeek2.256.124.582
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 5,598 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded29-07-2016
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.