T-Works
ActiveThe computed 12-month bankruptcy probability of T-Works is 2.9% (moderate). The 2025 annual accounts show equity of €2k and a net result of €4k. Its solvency ranks better than 22% of 27451 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency46▲+34
Growth78
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.9%
Return on assets
37.1%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 27451 sector peers (2025).
NBB · sector comparisonPosition among 27451 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
3 d early
2024
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k
2024 · €-2k
2024: €-2k
2024 → 2025
Total assets
€11k▼ 19.6%
2024 · €13k
2024: €13k
2024 → 2025
Net result
€4k
2024 · €-5k
2024: €-5k
2024 → 2025
Working capital
€2k
2024 · €-8k
2024: €-8k
2024 → 2025
Multi-year overview
Available amounts per fiscal year
Line20242025Trend
Equity€-2k-€2k
Operating result€-5k-€4k
Net result€-5k-€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4k after a loss of €5k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11k
Fixed assets
€8k▲ 15.1%
Current assets
€3k▼ 54.1%
Equity and liabilities €11k
Equity
€2k
Debt
€8k
Debt finances 79.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€7k▲
2024 · €-2k
Cash flow
€7k▲
2024 · €-2k
Solvency
20.9%▲
2024 · -13.0%
Current ratio
2.19▲
2024 · 0.44
Quick ratio
1.12▲
2024 · 0.44
Debt / equity
3.78▲
2024 · -8.70
ROE
177.2%
ROA
37.1%▲
2024 · -35.7%
Interest coverage
52.26▲
2024 · -18.81
Debt
€8k▼
2024 · €15k
Debt ≤ 1 year
€1k▼
2024 · €15k
Debt > 1 year
€7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€13k€11k▼
Fixed assets21/28€7k€8k▲
Tangible fixed assets22/27€7k€8k▲
Plant, machinery and equipment23€6k€7k▲
Furniture and vehicles24€270€168▼
Current assets29/58€7k€3k▼
Stocks and contracts in progress3-€1k
Stocks30/36-€1k
Amounts receivable within one year40/41€6k€1k▼
Trade receivables40€6k€540▼
Other amounts receivable41€293€523▲
Cash at bank and in hand54/58€570€501▼
Equity and liabilities
Total equity and liabilities10/49€13k€11k▼
Equity10/15€-2k€2k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-5k€-782▲
Amounts payable17/49€15k€8k▼
Amounts payable after more than one year17-€7k
Financial debts170/4-€7k
Amounts payable within one year42/48€15k€1k▼
Trade debts44€1k€469▼
Suppliers440/4€1k€469▼
Taxes, remuneration and social security45€1k€658▼
Taxes450/3€1k€658▼
Other amounts payable47/48€12k€263▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€965€1k▲
Gross operating margin9900€-1k€9k▲
Operating profit (loss)9901€-5k€4k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€111€143▲
Recurring financial charges65€111€143▲
Profit (loss) for the period before taxes9903€-5k€4k▲
Profit (loss) for the period9904€-5k€4k▲
Profit (loss) for the period to be appropriated9905€-5k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-782▲
Profit (loss) brought forward from the previous period14P-€-5k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
30-06
Financial
Liquidity times 5current ratio 2.19
Current ratio from 0.44 to 2.19; short-term debt falls from €15k to €1k.
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wortegem-Petegem · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Boskant (E.) 399790 Wortegem-PetegemGround area
427 m²
Building footprint
88 m²
Volume, LiDAR
100 m³
Parcel 45008A0122/00R000, Flanders · tallest building 7.8 m. Linked by address, not a title deed.
1 establishment unit
T-Works
since 20232.346.972.507
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45008A0122/00R000 | Flanders | 427 m² | 1 · 88 m² | 7.8 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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WEEXIS
BE 1003.910.309
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 1,978 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-06-2023
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
33200Installation of industrial machinery and equipment
43212Electrical installation work in industrial facilities
47120Other non-specialised retail sale
47910Retail trade
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:Tworks@outlook.be