L-B WORKX
ActiveThe computed 12-month bankruptcy probability of L-B WORKX is 1.9% (moderate). The 2025 annual accounts show equity of €3k and a net result of €-3k. Its solvency ranks better than 10% of 27711 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability62
Solvency28
Growth-
Track record67
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
2.5%
Return on assets
-1.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27711 sector peers (2025).
NBB · sector comparisonPosition among 27711 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€3k
Total assets
€136k
Net result
€-3k
Working capital
€-26k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €133k
Fixed assets
€114k
Current assets
€20k
Equity and liabilities €136k
Equity
€3k
Debt
€132k
Debt finances 97.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€22k
Cash flow
€16k
Solvency
2.5%
Current ratio
0.43
Quick ratio
0.37
Debt / equity
38.72
ROE
-75.7%
ROA
-1.9%
Interest coverage
5.42
Debt
€132k
Debt ≤ 1 year
€46k
Debt > 1 year
€86k
Income taxes
€2k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€136k
Formation expenses20€2k
Fixed assets21/28€114k
Tangible fixed assets22/27€114k
Plant, machinery and equipment23€2k
Furniture and vehicles24€2k
Leasing and similar rights25€110k
Current assets29/58€20k
Stocks and contracts in progress3€3k
Stocks30/36€3k
Amounts receivable within one year40/41€9k
Trade receivables40€8k
Other amounts receivable41€539
Cash at bank and in hand54/58€6k
Deferred charges and accrued income490/1€2k
Equity and liabilities
Total equity and liabilities10/49€136k
Equity10/15€3k
Contributions10/11€6k
Profit (loss) carried forward14€-3k
Amounts payable17/49€132k
Amounts payable after more than one year17€86k
Financial debts170/4€86k
Amounts payable within one year42/48€46k
Current portion of amounts payable after more than one year42€23k
Trade debts44€10k
Suppliers440/4€10k
Taxes, remuneration and social security45€3k
Taxes450/3€2k
Remuneration and social security454/9€970
Other amounts payable47/48€10k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k
Other operating charges640/8€3k
Gross operating margin9900€25k
Operating profit (loss)9901€3k
Financial charges65/66B€4k
Recurring financial charges65€4k
Profit (loss) for the period before taxes9903€-989
Income taxes67/77€2k
Profit (loss) for the period9904€-3k
Profit (loss) for the period to be appropriated9905€-3k
Appropriation of the result
Profit (loss) to be appropriated9906€-3k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
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, Izegem · 1 establishment unit since 2025
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.
Hogestraat 548870 IzegemGround area
612 m²
Building footprint
115 m²
Volume, LiDAR
705 m³
Parcel 36009A0317/00A002, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
L-B WORKX
since 20252.370.363.462
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36009A0317/00A002 | Flanders | 611 m² | 1 · 115 m² | 7.3 m · 2 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
CD DAK
BE 1017.324.221
Genk · Eq €3k
STELEO
BE 0758.821.496
Zoersel · Eq €3k
C² TECHNICS
BE 0503.806.221
Remicourt · Eq €3k
Q & B
BE 0838.094.549
Flémalle · Eq €3k
QUALITY BOUWCONSTRUCT
BE 0758.445.671
Maasmechelen · Eq €3k
Of 11,137 companies in sector 43910 we hold annual accounts for 5,487. 1,405 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2025
Fiscal year end31-12
Activities, NACEBEL
43910Bricklaying and masonry work
43240Other construction installation
43421Specialised construction activities
46831Wholesale of construction materials, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.