Man at Work
ActiveSummary
The computed 12-month bankruptcy probability of Man at Work is 2.2% (moderate). The 2024 annual accounts show equity of €58,761 and a net result of €11,548. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 94% of 9975 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
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Signals
This company filed its last 3 accounts on average 92 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,333 | €2,470 | €3,129 | ▲ 26.7% |
| Other operating charges640/8 | €901 | €744 | €751 | ▲ 1.0% |
| Gross operating margin9900 | €59,330 | €3,069 | €19,627 | ▲ 539% |
| Operating profit (loss)9901 | €57,095 | -€144 | €15,747 | ▲ 11,028% |
| Financial income75/76B | €35 | €495 | €2 | ▼ 99.5% |
| Recurring financial income75 | €35 | €495 | €2 | ▼ 99.5% |
| Financial charges65/66B | €102 | €70 | €446 | ▲ 542% |
| Recurring financial charges65 | €102 | €70 | €446 | ▲ 542% |
| Profit (loss) for the period before taxes9903 | €57,028 | €281 | €15,303 | ▲ 5,343% |
| Income taxes67/77 | €12,110 | €486 | €3,755 | ▲ 672% |
| Profit (loss) for the period9904 | €44,918 | -€205 | €11,548 | ▲ 5,726% |
| Profit (loss) for the period to be appropriated9905 | €44,918 | -€205 | €11,548 | ▲ 5,726% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €69,128 | €64,971 | €66,320 | ▲ 2.1% |
| Fixed assets21/28 | €6,198 | €7,576 | €4,724 | ▼ 37.7% |
| Tangible fixed assets22/27 | €6,198 | €7,576 | €4,724 | ▼ 37.7% |
| Plant, machinery and equipment23 | €970 | €2,538 | €1,589 | ▼ 37.4% |
| Furniture and vehicles24 | €5,228 | €5,038 | €3,134 | ▼ 37.8% |
| Current assets29/58 | €62,930 | €57,394 | €61,596 | ▲ 7.3% |
| Amounts receivable within one year40/41 | €7,609 | €29,762 | €33,889 | ▲ 13.9% |
| Trade receivables40 | €3,465 | €13,228 | €17,355 | ▲ 31.2% |
| Other amounts receivable41 | €4,144 | €16,534 | €16,534 | = |
| Cash at bank and in hand54/58 | €54,980 | €27,632 | €27,707 | ▲ 0.3% |
| Deferred charges and accrued income490/1 | €341 | - | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €69,128 | €64,971 | €66,320 | ▲ 2.1% |
| Equity10/15 | €47,418 | €47,212 | €58,761 | ▲ 24.5% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €44,918 | €44,712 | €56,261 | ▲ 25.8% |
| Amounts payable17/49 | €21,711 | €17,758 | €7,559 | ▼ 57.4% |
| Amounts payable within one year42/48 | €20,421 | €17,758 | €7,559 | ▼ 57.4% |
| Trade debts44 | €245 | €12,635 | - | - |
| Suppliers440/4 | €245 | €12,635 | - | - |
| Taxes, remuneration and social security45 | €17,349 | €2,297 | €4,732 | ▲ 106% |
| Taxes450/3 | €15,417 | €2,297 | €4,732 | ▲ 106% |
| Remuneration and social security454/9 | €1,931 | - | - | - |
| Other amounts payable47/48 | €2,827 | €2,827 | €2,827 | = |
| Accrued charges and deferred income492/3 | €1,290 | - | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,918 | -€205 | €11,548 | ▲ 5,726% |
| + Depreciation and write-downs630 | €1,333 | €2,470 | €3,129 | ▲ 26.7% |
| Operating cash flow (approximation) | €46,251 | €2,264 | €14,677 | ▲ 548% |
| Investment in fixed assets (approximation) | - | -€3,848 | -€276 | ▲ 92.8% |
| Change in cash | - | -€27,348 | €75 | ▲ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23005A0142/00E000 | Flanders | 1,192 m² | 1 · 183 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 686 EUR awarded · 686 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 686 EUR | 686 EUR |
Similar companies · same sector, comparable size
Identification & contact
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.