We and Work
ActiveWe and Work has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €466k and a net result of €-71k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 63% of 315 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▼-73
Solvency61▲+6
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.39 in 2024; short-term debt: 64.2% and cash: 11.8% of total assets), and 64.3% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Sector 78
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
20 d early
2023
19 d early
2022
17 d early
2021
3 d early
2020
3 d early
2019
15 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€466k▼ 20.1%
2024 · €583k
2018: €589k
2019: €107k
2020: €394k
2021: €467k
2022: €388k
2023: €217k
2024: €583k
2018 → 2025
Total assets
€1.30M▼ 33.3%
2024 · €1.96M
2018: €1.55M
2019: €1.23M
2020: €988k
2021: €1.39M
2022: €1.37M
2023: €1.24M
2024: €1.96M
2018 → 2025
Net result
€-71k
2024 · €354k
2018: €-7k
2019: €-489k
2020: €82k
2021: €68k
2022: €65k
2023: €-97k
2024: €354k
2018 → 2025
Working capital
€333k▼ 38.0%
2024 · €537k
2018: €746k
2019: €284k
2020: €360k
2021: €439k
2022: €358k
2023: €187k
2024: €537k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€467k-€388k▼ 16.9%€217k▼ 43.9%€583k▲ 168%€466k▼ 20.1%
Operating result€100k-€174k▲ 75.0%€-53k€573k€34k▼ 94.0%
Net result€68k-€65k▼ 3.9%€-97k€354k€-71k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 94% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.30M
Fixed assets
€134k▲ 196%
Current assets
€1.17M▼ 38.7%
Equity and liabilities €1.30M
Equity
€466k▼ 20.1%
Debt
€839k▼ 38.9%
The debt ratio falls from 70.2% to 64.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€62k▼
2024 · €588k
Cash flow
€-43k▼
2024 · €368k
Solvency
35.7%▲
2024 · 29.8%
Current ratio
1.40▲
2024 · 1.39
Quick ratio
1.40▲
2024 · 1.39
Debt / equity
1.80▼
2024 · 2.36
ROE
-15.2%▼
2024 · 60.7%
ROA
-5.4%▼
2024 · 18.1%
Interest coverage
0.75▼
2024 · 10.53
Debt
€839k▼
2024 · €1.37M
Debt ≤ 1 year
€838k▼
2024 · €1.37M
Income taxes
€26k▼
2024 · €170k
Staff costs
€6.20M▼
2024 · €6.91M
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€1.96M€1.30M▼
Formation expenses20€0€0=
Fixed assets21/28€45k€134k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€33k€99k▲
Plant, machinery and equipment23€15k€84k▲
Furniture and vehicles24€18k€15k▼
Financial fixed assets28€12k€34k▲
Current assets29/58€1.91M€1.17M▼
Amounts receivable within one year40/41€1.16M€1.00M▼
Trade receivables40€1.16M€920k▼
Other amounts receivable41€9k€82k▲
Cash at bank and in hand54/58€709k€154k▼
Deferred charges and accrued income490/1€38k€15k▼
Equity and liabilities
Total equity and liabilities10/49€1.96M€1.30M▼
Equity10/15€583k€466k▼
Contributions10/11€647k€647k=
Reserves13€20k€20k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€-84k€-201k▼
Amounts payable17/49€1.37M€839k▼
Amounts payable within one year42/48€1.37M€838k▼
Financial debts43€162k€108k▼
Credit institutions430/8€162k€108k▼
Trade debts44€148k€89k▼
Suppliers440/4€148k€89k▼
Taxes, remuneration and social security45€1.06M€640k▼
Taxes450/3€209k€181k▼
Remuneration and social security454/9€855k€460k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€6.91M€6.20M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€28k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€-3k▼
Other operating charges640/8€17k€9k▼
Non-recurring operating charges66A-€845
Gross operating margin9900€7.52M€6.27M▼
Operating profit (loss)9901€573k€34k▼
Financial income75/76B€6k€4k▼
Recurring financial income75€243€4k▲
Non-recurring financial income76B€5k-
Financial charges65/66B€56k€83k▲
Recurring financial charges65€56k€83k▲
Profit (loss) for the period before taxes9903€523k€-45k▼
Income taxes67/77€170k€26k▼
Profit (loss) for the period9904€354k€-71k▼
Profit (loss) for the period to be appropriated9905€354k€-71k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-77k€-155k▼
Profit (loss) brought forward from the previous period14P€-431k€-84k▲
Profit to be distributed694/7€7k€46k▲
Return on contributions (dividend)694€7k€46k▲
Social balance
Average headcount (FTE)908780.072.5▼
The notes to these accounts (13 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €354k
Net result €354k after one loss-making year.
31-12
Financial
Equity above €500kEq €583k ▲168%
Equity rises from €217k to €583k.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €82k
Net result €82k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €394k ▲269%
Equity rises from €107k to €394k.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-489k
Net result drops to €-489k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Antwerpen · 6 establishment units since 2015
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.
Brusselstraat 512018 AntwerpenGround area
1.8 ha
Building footprint
7,579 m²
Volume, LiDAR
56,122 m³
5 parcels, Flanders · tallest building 22.5 m, ±6 floors. Linked by address, not a title deed.
6 establishment units
WaW Antwerpen
since 20152.238.240.752
WaW Hasselt
since 20152.238.242.435
WaW Vilvoorde
since 20172.260.309.737
WaW Sint-Niklaas
since 20182.278.827.829
WaW Hasselt Temp
since 20192.284.394.441
WaW Logistiek
since 20242.355.996.970
5 parcels
Flanders
5
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402A0237/00X000 | Flanders | 1.0 ha | 1 · 4,467 m² | 9.7 m · 1 fl. |
| 71326F0010/00C003 | Flanders | 5,413 m² | 1 · 1,479 m² | 20.9 m · 4 fl. |
| 23644H0058/00L000 | Flanders | 1,375 m² | 1 · 1,372 m² | 13.1 m · 4 fl. |
| 46445D1776/00R000 | Flanders | 581 m² | - | - |
| 11811L3838/00N000 | Flanders | 261 m² | 1 · 261 m² | 22.5 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 4
5 of 5 parcels 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
2022 to 2025 · 9 entries · 43,851 EUR awarded · 43,851 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 9,332 EUR | 10,164 EUR |
| 2024 | 2 | 10,257 EUR | 9,425 EUR |
| 2023 | 2 | 12,874 EUR | 12,955 EUR |
| 2022 | 2 | 11,388 EUR | 11,307 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
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Of 2,362 companies in sector 78100 we hold annual accounts for 1,365. 898 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCooperative company
Founded28-11-2014
Fiscal year end31-12
Abbreviation NL
WaW
Activities, NACEBEL
78100Employment placement agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.