Skillz@WORK
ActiveThe file of Skillz@WORK contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.4% (very low). The 2025 annual accounts show equity of €306,357 and a net result of -€1,724. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 406 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability19▼-48
Solvency47=
Growth78=
Track record85
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days only on tighter terms
Liquidity ample (current ratio 34.91 against 35.56 in 2024; short-term debt: 2.9% and cash: 0% of total assets), but 77.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 10 filingsDeviation from the deadline
2025
20 d late
2024
14 d late
2023
2 d late
2022
28 d early
2021
19 d early
2020
30 d late
2019
45 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 40% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 3 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€306,357▼ 0.6%
2024 · €308,081
Total assets
€1.4m▼ 2.8%
2024 · €1.4m
Net result
-€1,724
2024 · €47,903
Working capital
€1.3m▼ 2.0%
2024 · €1.4m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€52,111▼ 6.0%€44,775▼ 14.1%€265,483▲ 493%€101,391▼ 61.8%-€6,413
Net result€25,178within the sector's middle half▼ 51.6%€14,688within the sector's middle half▼ 41.7%€184,514above the sector's middle half▲ 1,156%€47,903above the sector's middle half▼ 74.0%-€1,724below the sector's middle half
Equity€60,976within the sector's middle half▲ 70.3%€75,664within the sector's middle half▲ 24.1%€260,178above the sector's middle half▲ 244%€308,081above the sector's middle half▲ 18.4%€306,357within the sector's middle half▼ 0.6%
Total assets€962,965above the sector's middle half▲ 29.0%€695,468above the sector's middle half▼ 27.8%€962,030above the sector's middle half▲ 38.3%€1.4mabove the sector's middle half▲ 46.3%€1.4mwithin the sector's middle half▼ 2.8%
Debt€901,989▲ 27.0%€619,804▼ 31.3%€701,852▲ 13.2%€1.1m▲ 56.6%€1.1m▼ 3.5%
Working capital€804,083above the sector's middle half▲ 2,347%€572,153above the sector's middle half▼ 28.8%€723,410above the sector's middle half▲ 26.4%€1.4mabove the sector's middle half▲ 87.3%€1.3mabove the sector's middle half▼ 2.0%
Solvency6.3%below the sector's middle half▲ 1.5pp10.9%below the sector's middle half▲ 4.5pp27.0%within the sector's middle half▲ 16.2pp21.9%below the sector's middle half▼ 5.2pp22.4%within the sector's middle half▲ 0.5pp
Current ratio6.24above the sector's middle half▲ 5.195.78above the sector's middle half▼ 0.464.58above the sector's middle half▼ 1.1935.56above the sector's middle half▲ 30.9734.91above the sector's middle half▼ 0.65
Return on assets (ROA)2.6%within the sector's middle half▼ 4.4pp2.1%within the sector's middle half▼ 0.5pp19.2%within the sector's middle half▲ 17.1pp3.4%within the sector's middle half▼ 15.8pp-0.1%below the sector's middle half▼ 3.5pp
Staff (FTE)5.2▼ 66.5%2.3▼ 55.8%0.4
above
within
below
the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6,413 after €101,391 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.4m
Equity
€306,357 ▼ 0.6%
Debt
€1.1m ▼ 3.5%
Debt's share of the balance-sheet total falls from 78.1% to 77.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€4,471▼
2024 · €107,153
Cash flow
€218▼
2024 · €53,666
Debt to equity
3.46▼
2024 · 3.57
ROE
-0.6%▼
2024 · 15.5%
Interest coverage
-11.64▼
2024 · 5.33
Debt ≤ 1 year
€39,172▼
2024 · €39,210
Debt > 1 year
€1.0m▼
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,508 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
1.4%
went bankrupt
1.7%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
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 2,508 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €125,000 | €125,646 | €46,788 | ▼ 62.8% |
| Remuneration, social security and pensions62 | €275,440 | €123,482 | €2,249 | €24,321 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,076 | €2,959 | €7,139 | €5,762 | €1,942 | ▼ 66.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €45,192 | €2,464 | €196,502 | €86,941 | €5,000 | ▼ 94.2% |
| Other operating charges640/8 | €20,289 | €5,669 | €23,879 | €48,444 | €2,684 | ▼ 94.5% |
| Non-recurring operating charges66A | - | - | - | €2,250 | - | - |
| Gross operating margin9900 | €395,108 | €179,350 | €495,251 | €269,109 | €3,213 | ▼ 98.8% |
| Operating profit (loss)9901 | €52,111 | €44,775 | €265,483 | €101,391 | -€6,413 | ▼ 106% |
| Financial income75/76B | €6,968 | €2,384 | €3,315 | €1,100 | €5,072 | ▲ 361% |
| Recurring financial income75 | €6,968 | €2,384 | €3,315 | €1,100 | €5,072 | ▲ 361% |
| Financial charges65/66B | €28,901 | €25,356 | €26,484 | €20,102 | €384 | ▼ 98.1% |
| Recurring financial charges65 | €28,901 | €25,356 | €26,484 | €20,102 | €384 | ▼ 98.1% |
| Profit (loss) for the period before taxes9903 | €30,178 | €21,803 | €242,314 | €82,388 | -€1,724 | ▼ 102% |
| Income taxes67/77 | €5,000 | €7,115 | €57,801 | €34,485 | - | - |
| Profit (loss) for the period9904 | €25,178 | €14,688 | €184,514 | €47,903 | -€1,724 | ▼ 104% |
| Profit (loss) for the period to be appropriated9905 | €25,178 | €14,688 | €184,514 | €47,903 | -€1,724 | ▼ 104% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €962,965 | €695,468 | €962,030 | €1.4m | €1.4m | ▼ 2.8% |
| Fixed assets21/28 | €5,377 | €3,511 | €36,768 | €13,171 | - | - |
| Tangible fixed assets22/27 | €5,377 | €3,511 | €36,768 | €13,171 | - | - |
| Plant, machinery and equipment23 | €5,377 | €3,511 | €2,126 | - | - | - |
| Furniture and vehicles24 | - | - | €34,642 | €13,171 | - | - |
| Current assets29/58 | €957,588 | €691,957 | €925,263 | €1.4m | €1.4m | ▼ 1.9% |
| Amounts receivable after more than one year29 | - | - | - | €1.1m | €1.1m | = |
| Trade receivables290 | - | - | - | €1.1m | €1.1m | = |
| Amounts receivable within one year40/41 | €790,454 | €622,384 | €736,097 | €255,357 | €229,749 | ▼ 10.0% |
| Trade receivables40 | €765,204 | €592,748 | €722,266 | €224,580 | €197,670 | ▼ 12.0% |
| Other amounts receivable41 | €25,251 | €29,636 | €13,831 | €30,776 | €32,079 | ▲ 4.2% |
| Cash at bank and in hand54/58 | €167,134 | €69,573 | €189,165 | €1,203 | €8 | ▼ 99.3% |
| Deferred charges and accrued income490/1 | - | - | - | €23 | €10 | ▼ 57.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €962,965 | €695,468 | €962,030 | €1.4m | €1.4m | ▼ 2.8% |
| Equity10/15 | €60,976 | €75,664 | €260,178 | €308,081 | €306,357 | ▼ 0.6% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €62,846 | €62,846 | €62,846 | €62,846 | €62,846 | = |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | €10,600 | €10,600 | €10,600 | €10,600 | €10,600 | = |
| Distributable reserves133 | €46,046 | €46,046 | €46,046 | €46,046 | €46,046 | = |
| Profit (loss) carried forward14 | -€63,869 | -€49,181 | €135,332 | €183,235 | €181,511 | ▼ 0.9% |
| Amounts payable17/49 | €901,989 | €619,804 | €701,852 | €1.1m | €1.1m | ▼ 3.5% |
| Amounts payable after more than one year17 | €747,000 | €500,000 | €500,000 | €1.1m | €1.0m | ▼ 3.6% |
| Financial debts170/4 | €747,000 | €500,000 | €500,000 | €1.1m | €1.0m | ▼ 3.6% |
| Amounts payable within one year42/48 | €153,505 | €119,804 | €201,852 | €39,210 | €39,172 | ▼ 0.1% |
| Trade debts44 | €81,411 | €78,606 | €134,422 | €2,050 | €6,088 | ▲ 197% |
| Suppliers440/4 | €81,411 | €78,606 | €134,422 | €2,050 | €6,088 | ▲ 197% |
| Taxes, remuneration and social security45 | €39,399 | €12,618 | €40,759 | €9,985 | €16,906 | ▲ 69.3% |
| Taxes450/3 | €8,610 | €7,543 | €40,759 | €9,985 | €16,906 | ▲ 69.3% |
| Remuneration and social security454/9 | €30,789 | €5,075 | - | - | - | - |
| Other amounts payable47/48 | €32,696 | €28,580 | €26,671 | €27,175 | €16,178 | ▼ 40.5% |
| Accrued charges and deferred income492/3 | €1,483 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,178 | €14,688 | €184,514 | €47,903 | -€1,724 | ▼ 104% |
| + Depreciation and write-downs630 | €2,076 | €2,959 | €7,139 | €5,762 | €1,942 | ▼ 66.3% |
| Operating cash flow (approximation) | €27,255 | €17,647 | €191,653 | €53,666 | €218 | ▼ 99.6% |
| Investment in fixed assets (approximation) | - | -€1,093 | -€40,396 | €17,834 | - | - |
| Change in cash | - | -€97,562 | €119,593 | -€187,962 | -€1,195 | ▲ 99.4% |
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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
31-12
Financial
Liquidity times 8current ratio 35.56
Current ratio from 4.58 to 35.56; short-term debt falls from €201,852 to €39,210.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
31-12
Financial
Highest result since 2019net €184,514 ▲1,156%
Operating result €265,483, net result €184,514, both a record.
31-12
Financial
Equity above €200,000Eq €260,178 ▲244%
4 profitable years in a row build equity to €260,178.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 6current ratio 6.24
Current ratio from 1.05 to 6.24; short-term debt falls from €710,423 to €153,505.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €52,032
Net result €52,032 after one loss-making year.
16-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
Show earlier events
2019
27-11
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Leuven
12-09
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · event 05-09-2019
15-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 74 days late
15-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 408 days late
2016
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Wommelgem · 1 establishment unit since 1999
Ground area
807 m²
Building footprint
329 m²
Volume, LiDAR
2,786 m³
Parcel 11052A0109/00T002, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
16
companies at this address
See who is registered here
1 establishment unit
Skillz@work
since 19992.091.373.349
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052A0109/00T002 | Flanders | 807 m² | 1 · 329 m² | 9.9 m · 3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ILSE VAN DE MIEROP KONING LEOPOLD III LAAN 40,
3001 HEVERLEE |
05-09-2019 → 27-11-2019 |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,161 EUR awarded · 1,161 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,161 EUR | 1,161 EUR |
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Of 2,325 companies in sector 42110 we hold annual accounts for 1,096. 795 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-11-1997
Fiscal year end31-12
Activities, NACEBEL 2025
42110Construction of roads and motorways
43120Site preparation
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0461910337
Also
9925:BE0461910337
Registered
04-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.