Equity
€618,521 ▲ 18.7%
LAT WORX has made a profit in every financial year since 2022.
LAT WORX
Lifetime
4 annual accounts with figures on one time axispeak €337,457 (2023)
€260,267▲ 26.2%
peak €207,051 (2023)
€97,604▲ 28×
peak €618,521 (2025)
€618,521▲ 18.7%
€2.0m▼ 8.1%
peak 0 FTE (2024)
0 FTE
Board1 name since 2015
1 directorDelattre Arnaud
Documentsfilings and deeds
28-07-20263 days before the deadline
2025abbreviated format
Gross margin from €206,206 to €260,267Result from €3,465 to €97,604Equity from €520,917 to €618,521Cash from €138,090 to €26,908
Key points
from the 2025 annual accountsResult
€97,604 ▲ 28×
The result rose in 2025 from €3,465 to €97,604.
Turnover
≈ €460,000 estimated
The accounts state no turnover.
Debts
€2.0m 76% of the balance sheet
Financial debts 92%Suppliers 0%Taxes and wages 1%Other 6%
Of this, €156,830 falls due within a year.
Filings
4 annual accounts 1 late
The 2022 accounts came 31 days late. The other three were filed on time.
At the same address
484 companies
Checked score
95
Excellent
Financially stronger than 60% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: 0.1%▲ +0.1 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.1%▼ -0.2 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 2.02, cash €26,908, halved
lowers risk
Size: total assets €2.6m
Figures for financial year 2025 (filed on 28-07-2026)
Sector: Real estate activities (NACE 68)
Calculation
The band follows from the bankruptcy probability. 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 68, small). It does better than 43% of them on solvency, 67% on liquidity, 48% on profitability and 80% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as LAT WORX has now. Each dot stands for 11 companies, two years later.
97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LAT WORX itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,107 companies, not a prediction for LAT WORX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.02 (1.54 in 2024), above the usual 1.5. Short-term debt is 6% and cash 1% of total assets. However, 76.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 28-07-2026, 3 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
3 days early
2024
9 days early
2023
on the day
2022
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 5 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0644998530
Capital increase of €98,000 to €100,000
Capital from €2,000 to €100,000 · Contribution: Delattre, Arnaud · Legal-form conversion: from limited partnership to private limited company · Gazette deed
Registered office moved from Lennik to Brussels
New registered office: Louizalaan 367 te 1050 Brussel · Previous registered office: Panoramastraat 8 te 1750 Lennik · General meeting of 23-04-2019 · Gazette deed
New establishment in Sint-Martens-Latem
Voordelaan 6
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LAT WORX Ixelles | €2.6m | €260,267 | 23.7% | 0 |
| NEXT DAY SUSTAINABLE ONE Ixelles | €3.0m | €157,598 | 5.8% | 0 |
| BVI.EU GREEN BUSINESS PARK ANDENNE Wavre | €2.9m | €269,404 | 8.9% | 0 |
| TESSTO Bocholt | €2.1m | €318,276 | 23.3% | 0 |
| KAAI WEST Brussels | €2.6m | €329,676 | -15.3% | 0 |
| VENICO Projectontwikkeling Destelbergen | €3.0m | €376,272 | 45.9% | 0 |
| LEUVENSE POORT Mechelen | €3.8m | €231,440 | -10.9% | 0 |
These companies have the same main activity as LAT WORX: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €2.1m and €3.8m, founded between 2015 and 2019.
Official details
Source: KBO- Status
- Active since 31-12-2015Normal situation
- Registered office
- 485 active companies are registered at this address34 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Development of residential building projectsNACE 68121and 5 others
- Establishment units
- 2.249.061.2021050 Ixelles, since 02-01-2016
- 2.276.325.8239831 Sint-Martens-Latem, since 05-06-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2025
Annual accounts 2025
- €2.6m▼ 2.9%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on LAT WORX
LAT WORX files the abbreviated format. That format states no turnover. The gross margin fell from €293,205 in 2022 to €260,267 in 2025.
The balance sheet grew most from 2023 to 2024 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LAT WORX
- What is the company number of LAT WORX?
- The company number of LAT WORX is 0644.998.530. The VAT number is the same number with BE in front: BE 0644.998.530.
- Where is LAT WORX based?
- The registered office is at Louizalaan 367, 1050 Ixelles.Company details
- What does LAT WORX do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of LAT WORX?
- LAT WORX is a private limited company (BV).
- When was LAT WORX founded?
- LAT WORX was founded on 31-12-2015.
- Is LAT WORX still active?
- Yes, LAT WORX is an active enterprise in the KBO register.
- What is the turnover of LAT WORX?
- The turnover in financial year 2025 is ≈ €460,000. This figure is estimated from the gross margin of €260,267 and 40 comparable companies (NACE 681). It probably lies between €350,000 and €760,000.Financials
- Is LAT WORX profitable?
- In financial year 2025, LAT WORX made a profit of €97,604.
- Where can I find the annual accounts of LAT WORX?
- LAT WORX filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LAT WORX due?
- LAT WORX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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