Result
The result rose in 2025: mostly from a one-off income of €925,000.
The result rose in 2025: mostly from a one-off income of €925,000.
Green is investment, beige is depreciation.
In 2025, 16 people joined and 6 left.
Short-term debts fell from €1.4m to €552,334.
The 2021 accounts came latest: 144 days after the end of the period.
2 restructurings since 2025. Latest: branch transferred to LABOR ARBEIDSKANSEN.
The dashed line is the sector median: < 0.1% across 589 companies (NACE 88, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 88, small). It does better than 59% of them on solvency, 74% on liquidity, 98% on profitability and 99% on growth.
The bankruptcy probability was computed on 07-11-2026 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).
In July 2024, 20,137 companies had the same profile as TRABAJO ARBEIDSKANSEN has now. Each dot stands for 51 companies, two years later.
That fits the bankruptcy probability of TRABAJO ARBEIDSKANSEN itself: < 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for TRABAJO ARBEIDSKANSEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.44 (0.37 in 2024), above the usual 1.5. Short-term debt is 36% and cash 64% of total assets. 36.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 32 days after the deadline. In the sector (NACE 88), the median for financial year 2024 was 24 days before the deadline, and 25% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| TRABAJO ARBEIDSKANSEN As | €1.5m | €1.6m | 63.6% | 20.2 |
| MOBIEL SOCIALE WERKPLAATS Kortrijk | €1.5m | €1.7m | 10.8% | 34 |
| CITECO Schaerbeek | €1.0m | €1.5m | 65.3% | 38.7 |
| Maatwerkbedrijf De Kromme Boom Ghent | €1.2m | €1.0m | -6.7% | 27.5 |
| Jobs & Milieu Sint-Niklaas | €2.0m | €2.0m | 73.4% | 46.2 |
| Delta, Sociale Werkplaats voor Oost-Brabant Tienen | €3.0m | €1.6m | 91.3% | 43.2 |
| vereniging zonder winstoogmerk Labeur Ghent | €1.2m | €2.2m | 21.7% | 49.6 |
These companies have the same main activity as TRABAJO ARBEIDSKANSEN: social work activities without accommodation (NACE 88993). They are comparable in size and age: total assets between €1m and €3m, founded between 1995 and 2003.
TRABAJO ARBEIDSKANSEN has existed since 2001. The present size dates from 2025. The gross margin rose that year from €608,907 to €1.6m and staff from 14.3 to 20.2 full-time equivalents.
The gross margin has grown every year since 2022. Solvency rose in 2025 from -12.5% to 63.6% because of the retained profit and a capital increase and lower debts.
In 2023, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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