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THE WORKING GROUP

Active
Private limited companyfounded 2019active for 6 yearsGeneraal De Wittelaan 15, 2800 Mechelen, BelgiumKBO/BCE: BE 0739.868.587
Summary

THE WORKING GROUP has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €407,373 and a net result of €229,439. Equity has been growing by about 39% per year since 2020. Its solvency ranks better than 38% of 10,826 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 20-12-2019 Normal situation
Activity
Business and other management consultancy NACE 70200and 1 other
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2023
Establishment unit
2.298.460.431 2800 Mechelen, since 02-01-2020
Financial year end
31 December
Peppol
Reachable since 13-01-2025

Board and ownership

Board
  • Mance ComvDirector · since 23-02-2023
  • Robert VerbeeckDirector · since 23-02-2023
  • SCORE AGENCYDirector · since 23-02-2023 · permanent representative Michel Francken
and 2 others
Shareholders

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€1.0m
▲ 31.2%
Turnover
≈ €1.9m
estimated
Profit
€229,439
▲ 109%
Equity
€407,373
▲ 129%
Total assets
€1.0m
▲ 44.6%
Employees on 31-12-2025
15
▲ 15.4%
Score breakdownlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 1.71, cash €360,044Figures for financial year 2025 (filed on 09-06-2026)Equity €407,373 (39.0% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 78% of small companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Strong
Solvency 64+14
equity 39.0% of total assets
Liquidity 66+14
short-term debt 53.7% · cash 34.4%
Profitability 96+8
return on assets 22.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (4,518 companies, NACE 70, small)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.6 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.71 (1.2 in 2024), above the usual 1.5. Short-term debt is 53.7% and cash 34.4% of total assets. However, 61% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 70, small). It does better than 38% of them on solvency, 86% on liquidity, 93% on profitability and 95% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 1.71, cash €360,044
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 09-06-2026)
NBB · annual accounts
lowers risk · Equity €407,373 (39.0% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
52 days early
2024
2 days late
2023
114 days early
2022
25 days early
2021
57 days late
2020
87 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 8 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (4 of the last 5 accounts filed within 82 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €109,565 to €229,439 ▲ 109% View
  • Positive: Higher net result than 82% of companies in head offices and management consultancysector median €37,582 · 10,826 companies €229,439 View

Recent changes

  1. · Gazette deed Appointment: BDO Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Gert Maris and Piet Robben
  2. · Gazette deed Merger: THE WORKING GROUP takes over DISTRIWORKS
  3. · Gazette deed Merger: THE WORKING GROUP takes over BRANDWORKSIssue of 100 shares · Cancellation of 50 shares · Resignation: GOVAERT (director)
All 19 events

Comparable companies

These companies have the same main activity as THE WORKING GROUP: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €832,000 and €1.1m, founded between 2017 and 2022.

CompanyTotal assetsGross margin
THE WORKING GROUP Mechelen€1.0m€1.0m
Blue Jam Gent€1.0m€0.9m
Huntsmen Kontich€0.8m€1.0m
The Dot Society Antwerpen€1.1m€1.6m
The Others Antwerpen€1.0m€0.9m
Roboest Kontich€1.1m€1.0m
Nordend Sint-Genesius-Rode€1.0m€1.3m
Full comparison

Key facts about THE WORKING GROUP

What is the company number of THE WORKING GROUP?
The company number of THE WORKING GROUP is 0739.868.587. The VAT number is the same number with BE in front: BE 0739.868.587.
Where is THE WORKING GROUP based?
The registered office is at Generaal De Wittelaan 15, 2800 Mechelen.Company details
What does THE WORKING GROUP do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of THE WORKING GROUP?
The legal form of THE WORKING GROUP is Private limited company (BV).
When was THE WORKING GROUP founded?
THE WORKING GROUP was founded on 20-12-2019.
Is THE WORKING GROUP still active?
Yes, THE WORKING GROUP is an active enterprise in the KBO register.
How many employees does THE WORKING GROUP have?
THE WORKING GROUP had an average of 13.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does THE WORKING GROUP fall under?
In its 2023 annual accounts, THE WORKING GROUP states joint committees 100 (Aanvullend Paritair Comité voor de werklieden) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of THE WORKING GROUP?
The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €1.0m and 36 comparable companies (NACE 70200). It probably lies between €1.4m and €2.5m.
Is THE WORKING GROUP profitable?
In financial year 2025, THE WORKING GROUP made a profit of €229,439.
Where can I find the annual accounts of THE WORKING GROUP?
THE WORKING GROUP filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THE WORKING GROUP due?
THE WORKING GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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