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WARK

Active
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 1990active for 36 yearsHeidekenstraat 58, 1083 Ganshoren, BelgiumKBO/BCE: BE 0441.786.993
Summary

WARK has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €265,968 and a net result of €270. Equity remains stable across the filed financial years (±0.4% per year). Its solvency ranks better than 95% of 21,080 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Computer programming
NACE 62100
2nd oldest company in Ganshoren, Telecoms and IT sector1 site
Size
€265,968total assets 2025
Equity
€265,968
Profit
€270
Turnover not published (micro format)
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 30 days early1 deed in the Belgian Official Gazette
Why 89raises riskLiquidity: cash €12lowers riskFounded in 1990Size: total assets €265,968Equity €265,968 (100.0% of total assets)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 37% of its sector peers (NACE 62, micro)
Financial strength · tick = 2024
Average
Solvency 100=
equity 100.0% of total assets
Liquidity 0-50
cash 0.0%
Profitability 38=
return on assets 0.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (25,887 companies, NACE 62, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.2 percentage points vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €23,000 on 30-day terms is acceptable
cash: 0% of total assets, and 0% of the assets are financed with debt and provisions.
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 62, micro): better than 85% on solvency, 1% on liquidity, 18% on profitability and 43% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: cash €12
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €265,968
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €265,968 (100.0% of total assets)
NBB · annual accounts
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
1 day early
2023
23 days early
2022
1 day late
2021
16 days late
2020
6 days late
2019
61 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 4 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% 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 30 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 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. Annual accounts filedfinancial year 2023 · micro…

Financials · financial year 2025, micro format

Equity
€265,968▲ 0.1%
2024 · €265,697
Total assets
€265,968=
2024 · €265,939
Net result
€270▼ 24.6%
2024 · €358
Working capital
€17,174▲ 2.1%
2023 · €16,816
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €3,420 in 2025 against €3,360 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€3,420 2025 Net result€270 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€2,806--€3,391▼ 20.8%-€1,115▲ 67.1%-€2,505▼ 125%-€2,642▼ 5.5%-€3,080▼ 16.6%-€3,360▼ 9.1%-€3,420▼ 1.8%
Net result€4,851-€5,580▲ 15.0%€7,365within the sector's middle half▲ 32.0%€1,211below the sector's middle half▼ 83.6%€1,047below the sector's middle half▼ 13.5%€852below the sector's middle half▼ 18.7%€358below the sector's middle half▼ 58.0%€270below the sector's middle half▼ 24.6%
Equity€249,284-€254,865▲ 2.2%€262,230above the sector's middle half▲ 2.9%€263,440above the sector's middle half▲ 0.5%€264,488above the sector's middle half▲ 0.4%€265,339above the sector's middle half▲ 0.3%€265,697above the sector's middle half▲ 0.1%€265,968above the sector's middle half▲ 0.1%
Total assets€326,691-€307,425▼ 5.9%€264,914within the sector's middle half▼ 13.8%€264,900within the sector's middle half=€264,730within the sector's middle half▼ 0.1%€265,581within the sector's middle half▲ 0.3%€265,939within the sector's middle half▲ 0.1%€265,968within the sector's middle half=
Debt€27,407-€2,560▼ 90.7%€2,684▲ 4.8%€1,460▼ 45.6%€242▼ 83.4%€242=€242=
Working capital-€19,716-€4,833€12,198below the sector's middle half▲ 152%€13,408below the sector's middle half▲ 9.9%€15,965within the sector's middle half▲ 19.1%€16,816within the sector's middle half▲ 5.3%€17,174within the sector's middle half▲ 2.1%
Solvency76.3%-82.9%▲ 6.6pp99.0%above the sector's middle half▲ 16.1pp99.4%above the sector's middle half▲ 0.5pp99.9%above the sector's middle half▲ 0.5pp99.9%above the sector's middle half=99.9%above the sector's middle half=100.0%above the sector's middle half▲ 0.1pp
Current ratio0.28-2.89▲ 2.615.54above the sector's middle half▲ 2.6610.19above the sector's middle half▲ 4.6466.97above the sector's middle half▲ 56.7970.49above the sector's middle half▲ 3.5271.97above the sector's middle half▲ 1.48
Return on assets (ROA)1.5%-1.8%▲ 0.3pp2.8%below the sector's middle half▲ 1.0pp0.5%below the sector's middle half▼ 2.3pp0.4%below the sector's middle half▼ 0.1pp0.3%below the sector's middle half▼ 0.1pp0.1%below the sector's middle half▼ 0.2pp0.1%below the sector's middle half=
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €265,968
Fixed assets €248,523 =
Current assets €17,445 ▲ 0.2%
Key figures and ratios
2025 value · change against 2024
ROE
0.1%▼
2024 · 0.1%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€265,939€265,968=
Fixed assets21/28€248,523€248,523=
Financial fixed assets28€248,523€248,523=
Current assets29/58€17,416€17,445▲
Amounts receivable within one year40/41€17,406€17,433▲
Other amounts receivable41€17,406€17,433▲
Cash at bank and in hand54/58€10€12▲
Equity and liabilities
Total equity and liabilities10/49€265,939€265,968=
Equity10/15€265,697€265,968▲
Contributions10/11€7,362€7,362=
Reserves13€191,859€191,859=
Non-distributable reserves130/1€191,859€1,859▼
Reserves not available under the articles1311€191,859€1,859▼
Distributable reserves133-€190,000
Profit (loss) carried forward14€66,476€66,747▲
Amounts payable17/49€242-
Amounts payable within one year42/48€242-
Trade debts44€242-
Suppliers440/4€242-
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€3,360€3,420▲
Gross operating margin9900-€3,360-€3,420▼
Operating profit (loss)9901-€3,360-€3,420▼
Financial income75/76B€3,728€3,728=
Recurring financial income75€3,728€3,728=
Financial charges65/66B€10€38▲
Recurring financial charges65€10€38▲
Profit (loss) for the period before taxes9903€358€270▼
Profit (loss) for the period9904€358€270▼
Profit (loss) for the period to be appropriated9905€358€270▼
Appropriation of the result
Profit (loss) to be appropriated9906€66,476€66,747▲
Profit (loss) brought forward from the previous period14P€66,118€66,477▲

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

Line20182019202020212022202320242025Change
Goods, raw materials, services and sundry goods60/61---€2,505€2,642€3,080€3,360€3,420▲ 1.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€145--------
Gross operating margin9900-€2,280-€3,060-€778-€2,505-€2,642-€3,080-€3,360-€3,420▼ 1.8%
Operating profit (loss)9901-€2,806-€3,391-€1,115-€2,505-€2,642-€3,080-€3,360-€3,420▼ 1.8%
Financial income75/76B---€3,750€3,728€3,970€3,728€3,728=
Recurring financial income75€9,886€9,000€8,515€3,750€3,728€3,970€3,728€3,728=
Financial charges65/66B---€35€38€38€10€38▲ 280%
Recurring financial charges65€30€29€35€35€38€38€10€38▲ 280%
Profit (loss) for the period before taxes9903€7,050€5,580€7,365€1,211€1,047€852€358€270▼ 24.6%
Income taxes67/77€2,199--------
Profit (loss) for the period9904€4,851€5,580€7,365€1,211€1,047€852€358€270▼ 24.6%
Profit (loss) for the period to be appropriated9905€4,851€5,580€7,365€1,211€1,047€852€358€270▼ 24.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€326,691€307,425€264,914€264,900€264,730€265,581€265,939€265,968=
Fixed assets21/28€319,000€300,032€250,032€250,032€248,523€248,523€248,523€248,523=
Financial fixed assets28€319,000€300,032€250,032€250,032€248,523€248,523€248,523€248,523=
Current assets29/58€7,691€7,393€14,882€14,868€16,207€17,058€17,416€17,445▲ 0.2%
Amounts receivable within one year40/41€7,681€7,377€14,878€14,861€16,189€17,039€17,406€17,433▲ 0.2%
Other amounts receivable41---€14,861€16,189€17,039€17,406€17,433▲ 0.2%
Cash at bank and in hand54/58€10€16€4€6€18€19€10€12▲ 20.0%
Equity and liabilities
Total equity and liabilities10/49€326,691€307,425€264,914€264,900€264,730€265,581€265,939€265,968=
Equity10/15€249,284€254,865€262,230€263,440€264,488€265,339€265,697€265,968▲ 0.1%
Contributions10/11€7,362€7,363€7,363€7,362€7,362€7,362€7,362€7,362=
Reserves13€191,859€191,859€191,859€191,859€191,859€191,859€191,859€191,859=
Non-distributable reserves130/1---€1,859€1,859€1,859€191,859€1,859▼ 99.0%
Reserves not available under the articles1311---€1,859€1,859€1,859€191,859€1,859▼ 99.0%
Distributable reserves133---€190,000€190,000€190,000-€190,000-
Profit (loss) carried forward14€50,063€55,643€63,008€64,219€65,266€66,118€66,476€66,747▲ 0.4%
Provisions and deferred taxes16€50,000€50,000-------
Amounts payable17/49€27,407€2,560€2,684€1,460€242€242€242--
Amounts payable within one year42/48€27,407€2,560€2,684€1,460€242€242€242--
Trade debts44€24,736-€1,125-€242€242€242--
Suppliers440/4----€242€242€242--
Taxes, remuneration and social security45---€1,460-----
Taxes450/3---€1,460-----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€4,851€5,580€7,365€1,211€1,047€852€358€270▼ 24.6%
+ Depreciation and write-downs630€145--------
Operating cash flow (approximation)€4,996€5,580€7,365€1,211€1,047€852€358€270▼ 24.6%
Investment in fixed assets (approximation)-€18,968€50,000-€0€1,510-€0€0€0-
Change in cash-€6-€12€2€12€1-€9€2-

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

Download as CSV

Latest 10 of 35 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 01-07-2026 2026-00233657
31-12-2024 micro format 30-07-2025 2025-00327923
31-12-2023 micro format 08-07-2024 2024-00218566
31-12-2022 micro format 01-08-2023 2023-00301610
31-12-2021 micro format 16-08-2022 2022-20289548
31-12-2020 micro format 06-08-2021 2021-46600145
31-12-2019 micro format 30-09-2020 2020-57200031
31-12-2018 micro format 28-08-2019 2019-53100436
31-12-2017 micro format 03-08-2018 2018-43000517
31-12-2016 micro format 18-09-2017 2017-61300348

Show all 35 filings

Similar companies · same sector, comparable size

Of the 16,994 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,983. 6,401 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

WARK was incorporated on 25 October 1990.1 Total assets fell from €326,691 in 2018 to €265,968 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
01-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
30-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
08-07
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
01-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 1 day late
2022
31-12
Financial Liquidity more than 6 timescurrent ratio 66.97
Current ratio from 10.19 to 66.97; short-term debt falls from €1,460 to €242.
16-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 16 days late
2021
06-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 6 days late
2020
31-12
Financial Highest result from 2018 to 2025net €7,365 ▲32%
Operating result -€1,115, net result €7,365, both a record.
30-09
NBB filing Annual accounts filed
financial year 2019 · micro format · 61 days late
2019
31-12
Financial Liquidity more than 10 timescurrent ratio 2.89
Current ratio from 0.28 to 2.89; short-term debt falls from €27,407 to €2,560.
28-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 28 days late
2018
03-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 3 days late
2017
18-09
NBB filing Annual accounts filed
financial year 2016 · micro format · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 35 annual accounts filed, the latest 10 are here; all 35 are under Financials.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded25-10-1990
Financial year end31-12
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

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

Register as of 28 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Ganshoren · 1 establishment unit since 1990
registered office establishment The establishment unit on the map
Ground area
448 m²
Building footprint
155 m²
Building volume
1,433 m³
2 parcels, Brussels · tallest building 13.8 m. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Establishment
Computing infrastructure, data processing, hosting and related activities
since 1990unit no. 2.050.039.174
2 parcels
Brussels 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
21008A0399/00B002 Brussels 309 m² 1 · 96 m² 10.9 m · 3
21392A0008/00V002 Brussels 139 m² 1 · 59 m² 13.8 m · 4
How the parcels are linked
Good to know
Both parcels match the address exactly.