Financials
- Financial year
- 2024
- Total assets
- €617,115
- Profit
- €12,903
- Solvency
- 46.0%
Total assets▲ 27.3%
Net result
20212024
STRUCTURE WORKS BELGIUM
ActiveSummary
The computed 12-month bankruptcy probability of STRUCTURE WORKS BELGIUM is 5.6% (elevated). The 2024 annual accounts show equity of €284,083 and a net result of €12,903. Equity is growing by about 106% per year across the filed financial years. Its solvency ranks better than 54% of 6,064 sector peers (NACE 46, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Agents in non-specialised wholesale trade
NACE 46190Investigation and security activities NACE 80090
1 site
Size
€617,115total assets 2024
- Staff
- 1 FTE
- Equity
- €284,083
- Profit
- €12,903
Net result -94%: other schema
Structure
- Aziz BendrissDirector
- Sean Fitzmichael DevlinDirector
2025 accounts not filed, 87 days past the deadline2 of 3 deeds summarised
Why 37raises risk1 financial year not filed after the legal deadline; last filed accounts filed 140 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 20-12-2025)Liquidity: current ratio 1.36, cash €4,140, halvedFounded in 2021Show the evidence
Checked score
Score 2024
37
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 43% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Average
Solvency
71-10
equity 46.0% of total assets
Liquidity
32-3
short-term debt 40.0% · cash 0.7%
Profitability
43-57
return on assets 2.1%
Bankruptcy probability, 12 months
5.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.0%
12-2024: 1.8%▼ -2.2 percentage points vs 11-2024
01-2025: 1.8%● unchanged vs 12-2024
02-2025: 1.8%● unchanged vs 01-2025
03-2025: 1.8%● unchanged vs 02-2025
04-2025: 1.6%▼ -0.2 percentage points vs 03-2025lowest value
05-2025: 1.6%● unchanged vs 04-2025
06-2025: 1.6%● unchanged vs 05-2025
07-2025: 1.7%▲ +0.1 percentage points vs 06-2025
08-2025: 2.1%▲ +0.4 percentage points vs 07-2025
09-2025: 2.3%▲ +0.2 percentage points vs 08-2025
10-2025: 3.2%▲ +0.9 percentage points vs 09-2025
11-2025: 3.4%▲ +0.2 percentage points vs 10-2025
12-2025: 4.0%▲ +0.6 percentage points vs 11-2025
01-2026: 2.8%▼ -1.2 percentage points vs 12-2025
02-2026: 2.8%● unchanged vs 01-2026
03-2026: 2.8%● unchanged vs 02-2026
04-2026: 2.9%▲ +0.1 percentage points vs 03-2026
05-2026: 2.8%▼ -0.1 percentage points vs 04-2026
06-2026: 2.8%● unchanged vs 05-2026
07-2026: 2.9%▲ +0.1 percentage points vs 06-2026
08-2026: 3.8%▲ +0.9 percentage points vs 07-2026
09-2026: 4.1%▲ +0.3 percentage points vs 08-2026
10-2026: 5.6%▲ +1.5 percentage points vs 09-2026highest value
Credit of up to €10,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.36, compared with 1.5 in 2023, below the usual 1.5; short-term debt: 40% and cash: 0.7% of total assets), and 54% of the assets are financed with debt and provisions.
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 46, micro): better than 54% on solvency, 29% on liquidity, 34% on profitability and 54% 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.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.
NBB · 4 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 today
raises risk · 2024 accounts filed 140 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-12-2025, 140 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
140 days late
2023
99 days late
2022
31 days late
2021
2 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 68 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
- Resignation: James Muncey (director)Appointment: Sean Fitzmichael Devlin (director)…
- Appointment: Aziz Bendriss (director)Correction · Power of attorney
- Annual accounts filedfinancial year 2024 · full…
Key points
By topic
Board & ownership
- Board
- 2 members
- Aziz BendrissDirector
- Sean Fitzmichael DevlinDirector
Timeline
- Events
- 9
- Since
- 2022
- 07-11-2024Annual accounts filed
- 31-12-2023Highest result from 2021 to 2024
- 31-12-2023Equity above €200,000
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Agents in non-specialised wholesale tradeNACE 46190
- Founded
- 05-08-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 2
- Who signs
- Each director alone
Key facts about STRUCTURE WORKS BELGIUM
- What is the company number of STRUCTURE WORKS BELGIUM?
- 0772.308.753. In Belgium the VAT number is the company number with BE in front: BE 0772.308.753.
- Where is STRUCTURE WORKS BELGIUM based?
- The registered office is at Louizalaan 143, 1050 Elsene.Company details
- What does STRUCTURE WORKS BELGIUM do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of STRUCTURE WORKS BELGIUM?
- Private limited company (BV).
- When was STRUCTURE WORKS BELGIUM founded?
- On 05-08-2021.
- Is STRUCTURE WORKS BELGIUM still active?
- Yes, STRUCTURE WORKS BELGIUM is an active enterprise in the KBO register.
- How many employees does STRUCTURE WORKS BELGIUM have?
- On average 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of STRUCTURE WORKS BELGIUM?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is STRUCTURE WORKS BELGIUM profitable?
- In financial year 2024, STRUCTURE WORKS BELGIUM made a profit of €12,903.
- Where can I find the annual accounts of STRUCTURE WORKS BELGIUM?
- STRUCTURE WORKS BELGIUM filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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