V3-worx
ActiveThe computed 12-month bankruptcy probability of V3-worx is 1.8% (moderate). The 2025 annual accounts show equity of €167k and a net result of €67k. Equity is growing by ~40.4% per year across the filed fiscal years. Its solvency ranks better than 20% of 2031 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
89
/ 100
Excellent▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-4
Solvency39▼-16
Growth85=
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.37 in 2024), but 79.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.6%
Return on assets
8.3%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 2031 sector peers (2025).
NBB · sector comparisonPosition among 2031 sector peers
Solvency
better than 20%
← weakest
strongest →
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 11-07-2026, 20 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
20 d early
2024
15 d early
2023
8 d early
2022
24 d early
2021
12 d late
2020
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.20M▲ 24.7%
2024 · €966k
2022: €462k
2023: €529k
2024: €966k
2022 → 2025
EBIT margin
8.3%▼ 1.4pp
2024 · 9.7%
2022: 2.2%
2023: 0.7%
2024: 9.7%
2022 → 2025
Net result
€67k▲ 2.3%
2024 · €65k
2020: €598
2021: €168
2022: €4k
2023: €-118
2024: €65k
2020 → 2025
Working capital
€156k▲ 90.2%
2024 · €82k
2020: €30k
2021: €9k
2022: €17k
2023: €17k
2024: €82k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€462k€529k▲ 14.5%€966k▲ 82.8%€1.20M▲ 24.7%
Equity€31k-€34k▲ 11.5%€34k▼ 0.3%€100k▲ 192%€167k▲ 67.2%
Operating result€3k-€10k▲ 193%€4k▼ 62.0%€94k▲ 2,345%€99k▲ 6.3%
Net result€168-€4k▲ 2,009%€-118€65k€67k▲ 2.3%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €810k
Fixed assets
€395k▲ 1,360%
Current assets
€414k▲ 36.2%
Equity and liabilities €810k
Equity
€167k▲ 67.2%
Debt
€643k▲ 178%
The debt ratio rises from 69.9% to 79.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€122k▲
2024 · €112k
Cash flow
€89k▲
2024 · €83k
Solvency
20.6%▼
2024 · 30.1%
Current ratio
1.60▲
2024 · 1.37
Quick ratio
1.20▼
2024 · 1.32
Debt / equity
3.86▲
2024 · 2.32
ROE
40.2%▼
2024 · 65.7%
ROA
8.3%▼
2024 · 19.8%
Interest coverage
23.01▼
2024 · 38.69
Debt
€643k▲
2024 · €232k
Debt ≤ 1 year
€259k▲
2024 · €222k
Debt > 1 year
€383k▲
2024 · €9k
Income taxes
€27k▲
2024 · €25k
Staff costs
€46k
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€331k€810k▲
Fixed assets21/28€27k€395k▲
Intangible fixed assets21€1k€9k▲
Tangible fixed assets22/27€26k€386k▲
Land and buildings22-€376k
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€24k€8k▼
Current assets29/58€304k€414k▲
Amounts receivable after more than one year29€75k-
Other amounts receivable291€75k-
Stocks and contracts in progress3€12k€104k▲
Stocks30/36€1k€5k▲
Goods purchased for resale34€1k€5k▲
Contracts in progress37€10k€99k▲
Amounts receivable within one year40/41€218k€310k▲
Trade receivables40€212k€295k▲
Other amounts receivable41€5k€15k▲
Cash at bank and in hand54/58-€715
Deferred charges and accrued income490/1€80-
Equity and liabilities
Total equity and liabilities10/49€331k€810k▲
Equity10/15€100k€167k▲
Contributions10/11€30k€30k=
Profit (loss) carried forward14€70k€137k▲
Amounts payable17/49€232k€643k▲
Amounts payable after more than one year17€9k€383k▲
Financial debts170/4€9k€383k▲
Credit institutions173€9k€312k▲
Other loans174-€71k
Amounts payable within one year42/48€222k€259k▲
Current portion of amounts payable after more than one year42€20k€44k▲
Trade debts44€97k€152k▲
Suppliers440/4€97k€152k▲
Taxes, remuneration and social security45€25k€59k▲
Taxes450/3€25k€53k▲
Remuneration and social security454/9-€6k
Other amounts payable47/48€80k€4k▼
Accrued charges and deferred income492/3€34€1k▲
Income statement
Code20242025
Operating income70/76A€976k€1.30M▲
Turnover70€966k€1.20M▲
Change in stocks of work in progress, finished goods and contracts in progress71€9k€88k▲
Other operating income74-€2k
Operating charges60/66A€882k€1.20M▲
Goods for resale, raw materials and consumables60€621k€857k▲
Purchases600/8€617k€861k▲
Change in stocks: decrease (increase)609€4k€-4k▼
Services and other goods61€232k€264k▲
Remuneration, social security and pensions62-€46k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€22k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€4k▲
Other operating charges640/8€8k€2k▼
Operating profit (loss)9901€94k€99k▲
Financial income75/76B€799-
Recurring financial income75€799-
Income from current assets751€588-
Other financial income752/9€211-
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Debt charges650€3k€5k▲
Other financial charges652/9€812€674▼
Profit (loss) for the period before taxes9903€91k€94k▲
Income taxes67/77€25k€27k▲
Taxes670/3€25k€27k▲
Tax adjustments and reversals of tax provisions77€101-
Profit (loss) for the period9904€65k€67k▲
Profit (loss) for the period to be appropriated9905€65k€67k▲
Appropriation of the result
Profit (loss) to be appropriated9906€70k€137k▲
Profit (loss) brought forward from the previous period14P€4k€70k▲
Social balance
Average headcount (FTE)9087-1.0
The notes to these accounts (53 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
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2020net €67k ▲2.3%
Operating result €99k, net result €67k, both a record.
31-12
Financial
Equity above €150kEq €167k ▲67.2%
2 profitable years in a row build equity to €167k.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €65k
Net result €65k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-118 ▼103%
Net result drops to €-118, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 12 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Dendermonde · 1 establishment unit since 2019
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.
Bosveld(STG) 209200 DendermondeGround area
6,730 m²
Building footprint
2,456 m²
Volume, LiDAR
21,206 m³
Parcel 42021A0797/00D000, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
V3 WORX / Degordijnenwaswagen
since 20192.291.880.366
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021A0797/00D000 | Flanders | 6,730 m² | 1 · 2,456 m² | 10.1 m · 3 fl. |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 150 EUR awarded · 150 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 150 EUR | 150 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
DEDERIX JACKY
BE 0441.393.748
Soumagne · Eq €167k
I.S.I.
BE 0438.444.057
Hasselt · Eq €167k
Glenn Vansant
BE 0684.618.476
Lille · Eq €166k
ATELIER QUATRE MAINS
BE 0415.168.611
Brugge · Eq €166k
SONNEVILLE
BE 0422.666.810
Zelzate · Eq €168k
Of 7,816 companies in sector 43341 we hold annual accounts for 2,640. 2,119 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2019
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
43350Other building finishing work
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
43333Wallpapering and laying of floor and wall coverings in other materials
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.