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VAworks

Active
Private limited companyfounded 2014active for 12 yearsMaesstraat 89, 1050 Elsene, BelgiumKBO/BCE: BE 0544.704.191
Summary

VAworks has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€5,966) and a net result of €11,216. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 7% of 9,521 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Other business support services
NACE 82990
1 site
Size
€11,001total assets 2025
Equity
-€5,966
Profit
€11,216
Turnover not published (micro format)
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Accounts 57 days early0 of 6 deeds read
Why 56raises riskCapped at 59: negative equity1 change of registered office in 24 monthsNegative equity -€5,966lowers riskSize: total assets €11,001Liquidity: current ratio 0.58, cash €6,180Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 53% of its sector peers (NACE 82, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 0=
equity -54.2% of total assets
Liquidity 50=
short-term debt 150.6% · cash 56.2%
Profitability 100=
return on assets 102.0%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,620 companies, NACE 82, micro)
Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.3%▼ -0.1 percentage points vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.2%▼ -0.1 percentage points vs 05-2025 07-2025: 0.6%▼ -0.6 percentage points vs 06-2025 08-2025: 1.5%▲ +0.9 percentage points vs 07-2025highest value 09-2025: 0.5%▼ -1.0 percentage point vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026lowest value 08-2026: 0.5%● unchanged vs 07-2026lowest value 09-2026: 0.5%● unchanged vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.58, compared with 0.43 in 2024; short-term debt: 150.6% and cash: 56.2% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 82, micro): better than 5% on solvency, 37% on liquidity, 87% on profitability and 83% on growth.

The bankruptcy probability was computed on 10-10-2026 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.

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

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity -€5,966
NBB · annual accounts
lowers risk · Size: total assets €11,001
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.58, cash €6,180
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 9521 sector peers (2025).
NBB · sector comparison
Position among 9521 sector peers
Solvency
better than 7%
← 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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
57 days early
2024
22 days late
2023
5 days early
2022
18 days early
2021
31 days late
2020
90 days late
2019
126 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 27 days after the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% 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 27 July (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €10,831

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€5,966 View
  • Caution: Among the weakest 8% on solvencysector median 51.2% · 9,521 companies -54.2% View
  • Total assets 20256 financial years filed €11,001 View

By topic

Financials

Financial year
2025
Total assets
€11,001
Profit
€11,216
Solvency
-54.2%
Total assets▼ 15.0%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2015
Next accounts
by 31-07-2027
  1. 26-07-2024Annual accounts filed
  2. 13-07-2023Annual accounts filed
  3. 31-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other business support servicesNACE 82990
Founded
24-01-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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