Wm works has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €44k and a net result of €44k. Its solvency ranks better than 75% of 33677 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 1.1% (low).
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
Solvency93
Growth-
Track record79
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six 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 →
raises risk · 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 2023Solvency, return and age of the figures
Solvency
67.7%
Return on assets
67.4%
Age of the figures
33 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-06-2024, 40 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2023
40 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€44k
Total assets
€65k
Net result
€44k
Working capital
€44k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €65k
Fixed assets
€716
Current assets
€64k
Equity and liabilities €65k
Equity
€44k
Debt
€21k
Debt finances 32.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€58k
Cash flow
€45k
Solvency
67.7%
Current ratio
3.17
Quick ratio
3.17
Debt / equity
0.48
ROE
99.6%
ROA
67.4%
Interest coverage
325.42
Debt
€21k
Debt ≤ 1 year
€20k
Income taxes
€14k
Filed annual accounts
As filed with the NBB · 2023
Balance sheet
Code2023
Assets
Total assets20/58€65k
Fixed assets21/28€716
Tangible fixed assets22/27€716
Plant, machinery and equipment23€716
Current assets29/58€64k
Amounts receivable within one year40/41€16k
Trade receivables40€15k
Other amounts receivable41€1k
Cash at bank and in hand54/58€48k
Equity and liabilities
Total equity and liabilities10/49€65k
Equity10/15€44k
Contributions10/11€1k
Reserves13€43k
Distributable reserves133€43k
Profit (loss) carried forward14€0
Amounts payable17/49€21k
Amounts payable within one year42/48€20k
Trade debts44€2k
Suppliers440/4€2k
Taxes, remuneration and social security45€17k
Taxes450/3€17k
Other amounts payable47/48€833
Accrued charges and deferred income492/3€750
Income statement
Code2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k
Other operating charges640/8€115
Gross operating margin9900€59k
Operating profit (loss)9901€57k
Financial income75/76B€31
Recurring financial income75€31
Financial charges65/66B€179
Recurring financial charges65€179
Profit (loss) for the period before taxes9903€57k
Income taxes67/77€14k
Profit (loss) for the period9904€44k
Profit (loss) for the period to be appropriated9905€44k
Appropriation of the result
Profit (loss) to be appropriated9906€44k
Transfer to equity691/2€43k
To other reserves6921€43k
Profit to be distributed694/7€833
Return on contributions (dividend)694€833
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
Directors · office · real estate
Directors
2 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, Avelgem · 1 establishment unit since 2022
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.
Leynseelstraat 948580 AvelgemGround area
2,865 m²
Building footprint
1,401 m²
Volume, LiDAR
5,213 m³
Parcel 34003A2263/00V000, Flanders · tallest building 5.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DEX.OUTDOOR
since 20222.327.274.775
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34003A2263/00V000 | Flanders | 2,865 m² | 1 · 1,401 m² | 5.2 m · 1 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.
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,418 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded02-02-2022
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.