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TOTALWORX

Inactive KBO/BCE: BE 0828.126.018
TOTALWORX
Follow Report

Overview

Lifetime

13 annual accounts with figures on one time axis
peak €34,719 (2019)
-€9,379▼ €2,431
lowest -€18,493 (2020)
-€11,437▼ €1,243
peak €26,991 (2014)
-€26,293▼ €11,437
€27,879▼ 4.5%
peak 0.1 FTE (2015)
-not published
Board2 names since 2010
- 
Documentsfilings and deeds
12-12-202350 days before the deadline
2023micro format
Bankruptcy published 20-12Gross margin from -€6,948 to -€9,379Loss of €11,437Equity from -€14,856 to -€26,293Cash from €275 to €1,009

Key points

from the 2023 annual accounts, the last ones filed

Losses

-€49,457 in four years
-18,4932020-9,3332021-10,1932022-11,4372023

Every financial year from 2020 to 2023 closed with a loss. 2020 was the heaviest.

Filings

13 annual accounts since 2011
deadline20152020

The last five annual accounts were filed 2 to 70 days before the end of the period.

No scoreTurnover not published (abbreviated or micro format)

Board and ownership

last known board
CL
Cuyvers Luc
Director, until 2022
LW
LC Worx
Director, last mentioned in 2022
Board & ownership

Recent changes

Bankruptcy closure (insufficient assets) Enterprise Court of Antwerp, Hasselt division · judgment of 04-11-2025 · Bankruptcy
Bankruptcy published Enterprise Court of Antwerp, Hasselt division · judgment of 14-12-2023 · Bankruptcy
1 director appointed, 1 resignation Resignation: Cuyvers Luc · Appointment: LC Worx BV · Permanent representative: Cuvyers Luc · General meeting of 01-10-2021 · Gazette deed
Incorporation 5 publications in the Belgian Official Gazette, the last on 13-01-2022 · Gazette deed
All 23 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 30-07-2010 · bankruptcy closed on 04-11-2025
Activity
No activity registered in the KBO
Financial year end
30 June
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 30-06-2023

-€9,379▼ 35.0%
€11,437▲ 12.2%
-€26,293▼ 77.0%
€1,586▼ 88.9%
Filing
Filed on 12-12-2023
Financials

Insights on TOTALWORX

Equity fell from €26,991 in 2014 to -€26,293 in 2023.

On 14 December 2023 the court declared TOTALWORX bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2023

micro format, filed on 12-12-2023, 50 days before the deadline
-€9,379
▼ €2,431
-€9,954
▼ €130
-
-
-
-

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.

Money flows

no detail for 2023

Balance sheet

balance sheet total €1,586 on 30-06-2023
What the company ownsHow it is paid for

in euro

in euro

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2023202220212020201920182017201620152014201320122011
Balance sheet: assets
20/58 1,58614,34048,32971,06246,4689,05032,70344,00950,98062,99430,18124,23766,977
20 -----------1,0802,160
21/28 --27,35037,46026,8764617186,23510,31214,7746,54713,67217,825
22/27 --27,35037,46026,6962815386,23510,31214,7746,54712,59215,665
23 ---941872815381,0352,5124,1493,3363,2853,255
24 --11,80517,93326,509--5,2007,80010,6253,2119,30712,410
28 ----180180180------
29/58 1,58614,34020,97933,60219,5918,58831,98437,77440,66848,21923,63410,56549,152
3 ---11,775--5,2353104203,2341,992--
30/36 ---4,992---------
37 ---6,783--5,2353104203,2341,992--
40/41 57714,0657,25420,87216,8447,78726,39636,79339,63843,80121,39610,52134,332
40 3951,5774,42019,99216,0176,82826,38629,07134,44628,0767,54210,24733,301
41 18212,4872,834881827959107,7225,19215,72613,8542741,031
54/58 1,00927513,7251681,9691002531951391,1832474414,337
490/1 ---787778702100476471---483
Balance sheet: equity and liabilities
10/49 1,58614,34048,32971,06246,4689,05032,70344,00950,98062,99430,18124,23766,977
10/15 -26,293-14,856-4,6634,67123,164-29617,12616,38617,09626,99112,3041,25813,048
10/11 18,60018,60018,600-18,60018,60018,60018,60018,60018,60018,6009,3009,300
100 ----18,60018,60018,60018,60018,60018,60018,60018,60018,600
101 -----------9,3009,300
11 -18,60018,60018,600---------
1100/10 ---18,600---------
1109/19 -18,60018,600----------
13 4,5644,5644,5644,5644,5641,8608,3918,3918,3918,3911871873,748
130/1 1,8601,8601,8601,860---------
130 ----1,8601,8601,8601,8601,8601,860187187188
1311 1,8601,8601,860----------
1319 ---1,860---------
133 2,7042,7042,7042,7042,704-6,5316,5316,5316,531--3,560
14 -49,457-38,020-27,827-18,493--20,756-9,866-10,605-9,895--6,483-8,229-
17/49 27,87929,19652,99166,39223,3049,34615,57727,62333,88336,00217,87722,97953,929
17 14,900-30,84030,70621,147-1,4003,6435,7017,589-5,6209,737
170/4 --10,15413,108--1,4003,6435,7017,589-5,6209,737
178/9 14,900-20,68617,59921,147--------
42/48 12,97929,19622,15135,6851,9579,34614,17723,98028,18328,41317,87716,15611,487
42 --3,9213,836-1,4002,2432,0581,8881,732---
43 7,97722,90311,18119,406-5,7905,0502,2643,8973,06316,3698,412-
430/8 7,97722,90311,18119,406-5,7905,0502,2643,8973,06316,3698,412-
44 --4,12110,490-1,3752,18216,22616,03716,0541,5097,7442,248
440/4 --4,12110,490-1,3752,18216,22616,03716,0541,5097,7442,248
45 -601,9441,9531,397-2,7483,4326,3607,564--2,165
450/3 -601831941,397-1,031-9705,564--2,165
454/9 --1,7611,759--1,7173,4325,3902,000---
47/48 5,0026,233985-5607811,954-----7,074
492/3 ----200------1,20332,705
Income statement
70 -------47,74373,256103,48845,179--
76A -5,165-4,926--1,361260-----
9900 -9,379-6,9484,814-8,79434,7195,316-5344,476-1,76927,00511,505-1,51314,050
60/61 -------43,26775,02576,48333,674--
62 -------1781,405----
630 --10,0166,3077,7832574973,0974,4634,4633,8325,0904,996
631/4 -----19,933-------
640/8 5757739348471,0724661,401479920395183,7241,964
66A -2,10394------1,9104,237--
9901 -9,954-9,824-6,230-15,94825,863-15,340-2,431723-8,55822,1487,655-10,3277,090
75/76B -1,88534515114,00402-153
75 -1,88534515114,00402-153
65/66B 1,4832,2073,2662,4338702,0938331,6931,3392,5051,6731,4521,180
65 -2,2073,2662,4338702,0938331,6931,3392,5051,6731,4521,180
66B 1,483------------
9903 -11,437-10,146-9,150-18,38024,997-17,422739-710-9,89517,7331,746-11,7745,913
67/77 -47183113737----3,046-162,165
9904 -11,437-10,193-9,333-18,49324,260-17,422739-710-9,89514,6881,746-11,7903,748
9905 -11,437-10,193-9,333-18,49324,260-17,422739-710-9,89514,6881,746-11,7903,748
Appropriation of the result
9906 -49,457-38,020-27,827-18,4933,504-27,288-9,866-10,605-9,8958,204-6,483-11,7903,748
14P -38,020-27,827-----------
791/2 -----6,531-----3,561-
691/2 ----2,704----8,204--3,748
6920 ---------1,673--188
6921 ----2,704----6,531--3,560
694/7 ----800--------
694 ----800--------
Social balance sheet
9087 --------0.1----
Hours worked1013 --------53----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 1 item. You find them in the filed accounts (PDF).

Source: Annual accounts 2023 (PDF), filed on 12-12-2023.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2023 micro format 12-12-2023 2023-00526183 PDF
30-06-2022 micro format 25-01-2023 2023-00003376 PDF
30-06-2021 micro format 23-12-2021 2021-81700334 PDF
30-06-2020 micro format 29-01-2021 2021-03400528 PDF
30-06-2019 abbreviated format 22-11-2019 2019-74300198 PDF
30-06-2018 abbreviated format 30-11-2018 2018-73100458 PDF
30-06-2017 abbreviated format 08-12-2017 2017-71300108 PDF
30-06-2016 abbreviated format 30-11-2016 2016-68800458 PDF
30-06-2015 abbreviated format 27-11-2015 2015-67400452 PDF
30-06-2014 abbreviated format 28-11-2014 2014-68000468 PDF
30-06-2013 abbreviated format 30-12-2013 2013-70200305 PDF
30-06-2012 abbreviated format 24-01-2013 2013-01800551 PDF
30-06-2011 abbreviated format 27-12-2011 2011-65400595 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2023202220212020201920182017201620152014201320122011
--3,786-9,64133,646-15,082-1,9353,820-4,09526,61011,487-5,23712,086
--683-12,18632,043-17,1651,2362,387-5,43319,1505,578-6,7008,744
---9419,44434,1990180-980015,4501,35793719,581
734-13,44913,556-1,8011,870-1535856-1,045937203-14,293-
-11,393-14,856-1,173-2,08317,634-75817,80813,79412,48619,8065,757-5,59137,665
-------1.5%-11.7%21.4%16.9%--
--103.6%-9.6%6.6%49.8%-3.3%52.4%37.2%33.5%42.8%40.8%5.2%19.5%
-0.490.950.9410.010.922.261.581.441.701.320.654.28
-0.490.950.6110.010.921.891.561.431.581.210.654.28
---14.211.01-0.911.691.981.331.4518.274.13
----395.9%104.7%-4.3%-4.3%-57.9%54.4%14.2%-937.2%28.7%
--71.1%-19.3%-26.0%52.2%-192.5%2.3%-1.6%-19.4%23.3%5.8%-48.6%5.6%
-------222 days172 days99 days61 days--
-------137 days78 days77 days16 days--

The ratios are withheld because a balance sheet total of €1,586 is too small for a meaningful ratio.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on TOTALWORX

The operating result for 2023 is a loss of €9,954, larger than the loss of €9,824 in 2022. It is the lowest result since 2020.

Equity is negative. Debt (€27,879) exceeds the balance-sheet total (€1,586).

Board & ownership

Curators

2 mandates
Bert Vandenreyt
Curator, Paalsesteenweg 131, 3583 05 Beringen-Paal
from 14-12-2023 to 04-11-2025
Also on 179 other cases
Ann Noe
Curator, Paalsesteenweg 131, 3583 05 Beringen-Paal
from 14-12-2023 to 04-11-2025
Also on 148 other cases

Mandates through the years

2 names, the dashed line is today
Cuyvers Luc
Director
LC Worx
Director
Earlierend not datedBankruptcy 14-12-2023
Mandates as a list
  • Cuyvers Luc
    • Director, from 28-07-2010 to 13-01-2022
  • LC Worx
    • Director, appointed by deed of 13-01-2022, no longer listed in the 2023 annual accounts

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,600
Source
2023 annual accounts

Office holders in the KBO →

Network & group

No group

TOTALWORX has no parent and no holdings in its annual accounts.

Connections & network

Depth

The network lets you explore the ties of TOTALWORX.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

23 events since 2010
2025
Bankruptcy closure (insufficient assets) Enterprise Court of Antwerp, Hasselt division · judgment of 04-11-2025
2023
Bankruptcy published Enterprise Court of Antwerp, Hasselt division · judgment of 14-12-2023
Annual accounts 2023 filed PDFmicro format · 50 days before the deadline
Annual accounts 2022 filed PDFmicro format · 6 days before the deadline
2022
1 director appointed, 1 resignationResignation: Cuyvers Luc · Appointment: LC Worx BV · Permanent representative: Cuvyers Luc · General meeting of 01-10-20215 points ▸
  • General meeting, 01-10-2021
  • Director resignation, Cuyvers Luc
  • Director discharge, Cuyvers Luc
  • Director appointment, LC Worx BV
  • Permanent representative, Cuvyers Luc

Open the deed in the Belgian Official Gazette

2021
Annual accounts 2021 filed PDFmicro format · 39 days before the deadline
Annual accounts 2020 filed PDFmicro format · 2 days before the deadline
2020
Weakest financial year net -€18,493 The net result drops to -€18,493, the lowest from 2011 to 2023.
2019
Annual accounts 2019 filed PDFabbreviated format · 70 days before the deadline
Back to profit net €24,260 The net result is €24,260, after one loss-making year.
Liquidity more than 10 times current ratio 10.01 The current ratio rises from 0.92 to 10.01. Short-term debt falls from €9,346 to €1,957.
2018
Annual accounts 2018 filed PDFabbreviated format · 62 days before the deadline
2017
Annual accounts 2017 filed PDFabbreviated format · 54 days before the deadline
Back to profit net €739 The net result is €739, after 2 loss-making years.
2016
Annual accounts 2016 filed PDFabbreviated format · 62 days before the deadline
2015
Annual accounts 2015 filed PDFabbreviated format · 65 days before the deadline
2014
Annual accounts 2014 filed PDFabbreviated format · 64 days before the deadline
2013
Annual accounts 2013 filed PDFabbreviated format · 32 days before the deadline
Back to profit net €1,746 The net result is €1,746, after one loss-making year.
Liquidity doubles current ratio 1.32 The current ratio rises from 0.65 to 1.32.
Annual accounts 2012 filed PDFabbreviated format · 7 days before the deadline
2011
Annual accounts 2011 filed PDFabbreviated format · 35 days before the deadline
2010
Incorporation PDF5 publications in the Belgian Official Gazette, the last on 13-01-2022

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Total assets went from €46,468 in 2019 to €1,586 in 2023.1 TOTALWORX was declared bankrupt on 14 December 2023. The bankruptcy was closed on 4 November 2025.23

  1. 1National Bank, annual accounts 2019 and 2023
  2. 2Belgian Official Gazette, 20-12-2023
  3. 3Belgian Official Gazette, 07-11-2025

Company details

Inactive

TOTALWORX is no longer in the KBO register.

Last annual accounts
financial year to 30 June 2023
Last registered office
Sint-Odilialaan 74A, 3930 Achelas published on 13 January 2022
Legal form
Private limited company (pre-2019)
First annual accounts
financial year 2011
Official KBO record

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