V&G WORK

Active Risk: moderate

Private limited companyfounded 20233 yrs activeBrusselsesteenweg 292, 3090 Overijse, BelgiumKBO/BCE: BE 0798.760.851

Summary

The computed 12-month bankruptcy probability of V&G WORK is 3.6% (moderate). The 2023 annual accounts show equity of €25,228 and a net result of €22,228. Its solvency ranks better than 74% of 5387 sector peers (fiscal year 2023). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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V&G WORKActive

Risk analysis Report Compare

Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Axes, FY 2023

Profitability100

Solvency89

Growth-

Track record79

Bankruptcy probability, 12 months

3.6% Moderate

0%0.5%1.5%4%10%≥ 25%

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 81

Relative position

BE, all sectors

reference

Services to buildings and landscape activities (NACE 81)

about 79% more bankruptcies

← fewer bankruptcies more bankruptcies →

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 2023

Solvency, return and age of the figures

Solvency

64.1%

Return on assets

56.5%

Age of the figures

33 mo

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-10-2024, 82 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 1 filing

Deviation from the deadline

2023

82 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 82 days after the deadline; the sector median for financial year 2023 is on the deadline day, and 45% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

V&G WORK was incorporated on 23 February 2023 as a Private limited company.¹ The company has filed annual accounts once, for fiscal year 2023.²

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Financials · fiscal year 2023, micro schema

Equity

€25,228

Total assets

€39,363

Net result

€22,228

Working capital

€25,228

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Equity and liabilities €39,363

64.1%

35.9%

Equity €25,228

Debt €14,135

Debt finances 35.9% of the balance-sheet total.

Key figures and ratios

2023 value

Current ratio

2.78

Debt to equity

0.56

ROE

88.1%

ROA

56.5%

Debt ≤ 1 year

€14,135

Income taxes

€6,348

Staff costs

€31,146

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2023 · 30 lines

Balance sheet Code2023

Assets

Total assets20/58€39,363

Current assets29/58€39,363

Amounts receivable within one year40/41€37,597

Trade receivables40€23,581

Other amounts receivable41€14,016

Cash at bank and in hand54/58€1,766

Equity and liabilities

Total equity and liabilities10/49€39,363

Equity10/15€25,228

Contributions10/11€3,000

Profit (loss) carried forward14€22,228

Amounts payable17/49€14,135

Amounts payable within one year42/48€14,135

Trade debts44€4,694

Suppliers440/4€4,694

Taxes, remuneration and social security45€9,441

Taxes450/3€6,362

Remuneration and social security454/9€3,079

Income statement Code2023

Remuneration, social security and pensions62€31,146

Other operating charges640/8€50

Gross operating margin9900€59,450

Operating profit (loss)9901€28,254

Financial income75/76B€350

Recurring financial income75€350

Financial charges65/66B€28

Recurring financial charges65€28

Profit (loss) for the period before taxes9903€28,576

Income taxes67/77€6,348

Profit (loss) for the period9904€22,228

Profit (loss) for the period to be appropriated9905€22,228

Appropriation of the result

Profit (loss) to be appropriated9906€22,228

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2023
Remuneration, social security and pensions62	€31,146
Other operating charges640/8	€50
Gross operating margin9900	€59,450
Operating profit (loss)9901	€28,254
Financial income75/76B	€350
Recurring financial income75	€350
Financial charges65/66B	€28
Recurring financial charges65	€28
Profit (loss) for the period before taxes9903	€28,576
Income taxes67/77	€6,348
Profit (loss) for the period9904	€22,228
Profit (loss) for the period to be appropriated9905	€22,228

Line	2023
Assets
Total assets20/58	€39,363
Current assets29/58	€39,363
Amounts receivable within one year40/41	€37,597
Trade receivables40	€23,581
Other amounts receivable41	€14,016
Cash at bank and in hand54/58	€1,766
Equity and liabilities
Total equity and liabilities10/49	€39,363
Equity10/15	€25,228
Contributions10/11	€3,000
Profit (loss) carried forward14	€22,228
Amounts payable17/49	€14,135
Amounts payable within one year42/48	€14,135
Trade debts44	€4,694
Suppliers440/4	€4,694
Taxes, remuneration and social security45	€9,441
Taxes450/3	€6,362
Remuneration and social security454/9	€3,079

Line	2023
Profit (loss) for the period9904	€22,228
Operating cash flow (approximation)	€22,228

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2024

21-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 82 days late

NBB filing

0 of 3 acts read

About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors

3 acts for this company are 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, Overijse · 1 establishment unit since 2023

seat establishment The establishment unit on the map

Ground area

2,041 m²

Building footprint

277 m²

Volume, LiDAR

1,463 m³

2 parcels, Flanders, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.

312 companies at this address See who is registered here

1 establishment unit

V&G WORK

Rue de Tubize 40, 1440 Braine-le-ChâteauRetail sale of cosmetics and toilet articles

since 20232.343.495.947

2 parcels

Flanders 1 (50%) Wallonia 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23062B0376/02D005	Flanders	1,934 m²	1 · 198 m²	6.6 m · 1 fl.
25015E0349/00E000	Wallonia	107 m²	1 · 79 m²	9.7 m · 3 fl.

Linked by address, not proof of ownership

Good to know

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Hoeilaart · Eq €25,342

Nazareth-De Pinte · Eq €25,350

Of 6,996 companies in sector 81220 we hold annual accounts for 2,415. 1,877 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded23-02-2023

Fiscal year end31-12

Activities, NACEBEL 2025

81220Other building cleaning and industrial cleaning

Contact

E-mail Vgworkbe@gmail.comBraine-le-Château

Phone +32470827837Braine-le-Château

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.