OVERWORKS
ActiveSummary
OVERWORKS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €348k and a net result of €-83k. Equity is growing by ~28.2% per year across the filed fiscal years. Its solvency ranks better than 75% of 1424 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-50
Solvency87▼-13
Growth52=
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 2.98 in 2024; short-term debt: 25.1% and cash: 2.5% of total assets), and 37.6% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-05-2026, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
29 d late
2024
1 d early
2023
33 d early
2022
33 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-83k
2024 · €123k
Working capital
€5k▼ 81.5%
2024 · €29k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€90k-€154k▲ 72.1%€-52k€-81k▼ 55.2%
Net result€162k-€145k▼ 10.7%€123k▼ 15.0%€-83k
Equity€163k-€308k▲ 88.8%€431k▲ 40.0%€348k▼ 19.3%
Total assets€217k-€405k▲ 87.1%€487k▲ 20.1%€557k▲ 14.5%
Debt€54k-€98k▲ 82.1%€56k▼ 42.5%€210k▲ 273%
Working capital€122k-€236k▲ 94.1%€29k▼ 87.9%€5k▼ 81.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €81k in 2025 against €52k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €557k
Fixed assets
€412k ▼ 7.1%
Current assets
€145k ▲ 238%
Equity and liabilities €557k
Equity
€348k ▼ 19.3%
Debt
€210k ▲ 273%
Debt's share of the balance-sheet total rises from 11.5% to 37.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-59k▼
2024 · €-37k
Cash flow
€-61k▼
2024 · €139k
Current ratio
1.04▼
2024 · 2.98
Debt to equity
0.60▲
2024 · 0.13
ROE
-23.8%▼
2024 · 28.6%
ROA
-14.9%▼
2024 · 25.3%
Interest coverage
-22.20▲
2024 · -26.44
Debt ≤ 1 year
€140k▲
2024 · €14k
Debt > 1 year
€70k▲
2024 · €42k
Income taxes
€184▼
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €500 | €9k | €16k | €22k | ▲ 39.6% |
| Other operating charges640/8 | €912 | €6k | €4k | €7k | ▲ 88.3% |
| Non-recurring operating charges66A | - | - | €32k | €32k | ▼ 2.1% |
| Gross operating margin9900 | €91k | €169k | €-625 | €-21k | ▼ 3,203% |
| Operating profit (loss)9901 | €90k | €154k | €-52k | €-81k | ▼ 55.2% |
| Financial income75/76B | €75k | €30k | €200k | €839 | ▼ 99.6% |
| Recurring financial income75 | €75k | €30k | €200k | €839 | ▼ 99.6% |
| Financial charges65/66B | €3k | €2k | €1k | €3k | ▲ 92.7% |
| Recurring financial charges65 | €3k | €2k | €1k | €3k | ▲ 92.7% |
| Profit (loss) for the period before taxes9903 | €162k | €183k | €147k | €-83k | ▼ 156% |
| Income taxes67/77 | - | €38k | €24k | €184 | ▼ 99.2% |
| Profit (loss) for the period9904 | €162k | €145k | €123k | €-83k | ▼ 167% |
| Profit (loss) for the period to be appropriated9905 | €162k | €145k | €123k | €-83k | ▼ 167% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €217k | €405k | €487k | €557k | ▲ 14.5% |
| Fixed assets21/28 | €75k | €114k | €444k | €412k | ▼ 7.1% |
| Tangible fixed assets22/27 | €1k | €40k | €444k | €412k | ▼ 7.1% |
| Land and buildings22 | - | - | €414k | €371k | ▼ 10.3% |
| Plant, machinery and equipment23 | - | €2k | €2k | €22k | ▲ 1,356% |
| Furniture and vehicles24 | €1k | €39k | €29k | €19k | ▼ 32.3% |
| Financial fixed assets28 | €74k | €74k | - | - | - |
| Current assets29/58 | €141k | €291k | €43k | €145k | ▲ 238% |
| Amounts receivable within one year40/41 | €10k | €21k | €24k | €2k | ▼ 93.6% |
| Trade receivables40 | €10k | €1k | €1k | €2k | ▲ 19.7% |
| Other amounts receivable41 | - | €19k | €22k | - | - |
| Current investments50/53 | - | - | - | €130k | - |
| Cash at bank and in hand54/58 | €131k | €270k | €19k | €14k | ▼ 29.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €217k | €405k | €487k | €557k | ▲ 14.5% |
| Equity10/15 | €163k | €308k | €431k | €348k | ▼ 19.3% |
| Contributions10/11 | €1k | €1k | €1k | €1k | = |
| Outside capital11 | €1k | €1k | €1k | €1k | = |
| Share premium1100/10 | €1k | €1k | €1k | €1k | = |
| Reserves13 | - | - | - | €130k | - |
| Non-distributable reserves130/1 | - | - | - | €130k | - |
| Own shares acquired1312 | - | - | - | €130k | - |
| Profit (loss) carried forward14 | €162k | €307k | €430k | €217k | ▼ 49.6% |
| Amounts payable17/49 | €54k | €98k | €56k | €210k | ▲ 273% |
| Amounts payable after more than one year17 | €34k | €43k | €42k | €70k | ▲ 67.1% |
| Financial debts170/4 | €34k | €43k | €42k | €70k | ▲ 67.1% |
| Amounts payable within one year42/48 | €20k | €55k | €14k | €140k | ▲ 871% |
| Current portion of amounts payable after more than one year42 | €13k | €23k | €10k | €20k | ▲ 103% |
| Trade debts44 | €737 | €671 | €3k | €2k | ▼ 38.9% |
| Suppliers440/4 | €737 | €671 | €3k | €2k | ▼ 38.9% |
| Taxes, remuneration and social security45 | €5k | €31k | €883 | €1k | ▲ 34.1% |
| Taxes450/3 | €5k | €31k | €883 | €1k | ▲ 34.1% |
| Other amounts payable47/48 | €941 | - | - | €116k | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €162k | €145k | €123k | €-83k | ▼ 167% |
| + Depreciation and write-downs630 | €500 | €9k | €16k | €22k | ▲ 39.6% |
| Operating cash flow (approximation) | €162k | €153k | €139k | €-61k | ▼ 144% |
| Investment in fixed assets (approximation) | - | €-48k | €-345k | €10k | ▲ 103% |
| Change in cash | - | €139k | €-251k | €-6k | ▲ 97.8% |
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
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 29 days late
2025
30-09
Financial
Weakest financial yearnet €-83k
Net result drops to €-83k, the lowest in the series.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-09
Financial
Equity above €200kEq €308k ▲88.8%
2 profitable years in a row build equity to €308k.
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Tournai · 1 establishment unit since 2020
Ground area
183 m²
Building footprint
82 m²
Volume, LiDAR
459 m³
Parcel 57042A0259/00D004, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Résidence du Vert Marais (K) 18, 7540 Tournai
since 20202.309.224.065
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57042A0259/00D004 | Wallonia | 183 m² | 1 · 82 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
DeGeTech
BE 0423.680.063
Evergem · Eq €347,250
B.CONSULT.IT
BE 0835.267.097
Brussel · Eq €348,124
Mattix
BE 0837.520.467
Kapellen · Eq €346,835
TIME TECH
BE 0463.300.011
Nijlen · Eq €346,816
Way of Thinking
BE 0889.731.807
Gent · Eq €348,526
Of 16,901 companies in sector 62100 we hold annual accounts for 8,772. 6,001 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-10-2020
Fiscal year end30-09
Activities, NACEBEL 2025
62100Computer programming
46190Agents in non-specialised wholesale trade
59113Video and film production, excluding cinema and television films
59120Post-production of films, video and television programmes
61200Telecommunications resale and intermediation services
77330Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.