Financials
- Financial year
- 2025
- Total assets
- €70,716
- Profit
- €3,604
- Solvency
- -0.3%
Total assets▼ 10.4%
Net result
20222025
P.B. WORKS
ActiveSummary
The computed 12-month bankruptcy probability of P.B. WORKS is 2.6% (moderate). The 2025 annual accounts show negative equity (-€231) and a net result of €3,604. Equity is shrinking by about 54% per year across the filed financial years. Its solvency ranks better than 9% of 34,718 sector peers (NACE 43, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Joinery installation
NACE 43320
1 site
Size
€70,716total assets 2025
- Equity
- -€231
- Profit
- €3,604
Turnover not published (micro format)
Structure
2025 accounts filed 26 days late2 deeds in the Belgian Official Gazette
Why 51raises riskFounded in 2021Liquidity: current ratio 0.73Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €70,716Show the evidence
Checked score
Score 2025
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 31% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency
25+5
equity -0.3% of total assets
Liquidity
0=
short-term debt 100.3%
Profitability
48+40
return on assets 5.1%
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.8%
12-2024: 3.4%▼ -0.4 percentage points vs 11-2024
01-2025: 3.4%● unchanged vs 12-2024
02-2025: 4.0%▲ +0.6 percentage points vs 01-2025
03-2025: 3.4%▼ -0.6 percentage points vs 02-2025
04-2025: 3.4%● unchanged vs 03-2025
05-2025: 3.4%● unchanged vs 04-2025
06-2025: 3.4%● unchanged vs 05-2025
07-2025: 3.4%● unchanged vs 06-2025
08-2025: 3.4%● unchanged vs 07-2025
09-2025: 3.4%● unchanged vs 08-2025
10-2025: 3.5%▲ +0.1 percentage points vs 09-2025
11-2025: 3.6%▲ +0.1 percentage points vs 10-2025
12-2025: 3.6%● unchanged vs 11-2025
01-2026: 3.5%▼ -0.1 percentage points vs 12-2025
02-2026: 4.3%▲ +0.8 percentage points vs 01-2026highest value
03-2026: 2.8%▼ -1.5 percentage points vs 02-2026
04-2026: 2.7%▼ -0.1 percentage points vs 03-2026
05-2026: 2.6%▼ -0.1 percentage points vs 04-2026
06-2026: 2.6%● unchanged vs 05-2026
07-2026: 2.6%● unchanged vs 06-2026lowest value
08-2026: 2.6%● unchanged vs 07-2026lowest value
09-2026: 2.6%● unchanged vs 08-2026lowest value
10-2026: 2.6%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.73, compared with 0.62 in 2024, below 1; short-term debt: 100.3% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 8% on solvency, 1% on liquidity, 23% on profitability and 91% on growth.
The bankruptcy probability was computed on 25-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 34718 sector peers (2025).
NBB · sector comparisonPosition among 34718 sector peers
Solvency
better than 9%
← weakest
strongest →
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
26 days late
2024
24 days late
2023
29 days late
2022
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 27 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 27 February (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end26-10-2026 today31-01-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €3,604
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Timeline
- Events
- 6
- Since
- 2023
- Next accounts
- by 31-01-2027
- 30-06-2024Weakest financial year
- 29-02-2024Annual accounts filed
- 28-02-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Joinery installationNACE 43320
- Founded
- 26-03-2021
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Key facts about P.B. WORKS
- What is the company number of P.B. WORKS?
- 0765.700.677. In Belgium the VAT number is the company number with BE in front: BE 0765.700.677.
- Where is P.B. WORKS based?
- The registered office is at Tuinwijk 40, 2960 Brecht.Company details
- What does P.B. WORKS do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of P.B. WORKS?
- Private limited company (BV).
- When was P.B. WORKS founded?
- On 26-03-2021.
- Is P.B. WORKS still active?
- Yes, P.B. WORKS is an active enterprise in the KBO register.
- What is the turnover of P.B. WORKS?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is P.B. WORKS profitable?
- In financial year 2025, P.B. WORKS made a profit of €3,604.
- Where can I find the annual accounts of P.B. WORKS?
- P.B. WORKS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of P.B. WORKS due?
- By 31-01-2027, for financial year 2026.Timeline
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