WOK W
ActiveSummary
The computed 12-month bankruptcy probability of WOK W is 6.3% (elevated). For WOK W, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €46k and a net result of €49k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 14999 sector peers (fiscal year 2021). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability94▲+69
Solvency44▲+20
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
6.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
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 2021Solvency, return and age of the figures
Solvency
18.9%
Return on assets
20.2%
Age of the figures
57 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 26-08-2022, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
26 d late
2020
1 d early
2019
11 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€46k
2020 · €-3k
2018: €-37k
2019: €9k
2020: €-3k
2018 → 2021
Total assets
€243k▼ 0.2%
2020 · €244k
2018: €249k
2019: €255k
2020: €244k
2018 → 2021
Net result
€49k
2020 · €-12k
2018: €30k
2019: €46k
2020: €-12k
2018 → 2021
Working capital
€-44k▲ 62.2%
2020 · €-116k
2018: €-177k
2019: €-107k
2020: €-116k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-37k-€9k€-3k€46k
Operating result€33k-€52k▲ 55.6%€-8k€60k
Net result€30k-€46k▲ 51.2%€-12k€49k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €60k after a loss of €8k in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €243k
Fixed assets
€110k ▼ 13.7%
Current assets
€133k ▲ 14.6%
Equity and liabilities €243k
Equity
€46k
Debt
€197k
Debt finances 81.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€77k▲
2020 · €8k
Cash flow
€67k▲
2020 · €4k
Current ratio
0.75▲
2020 · 0.50
Quick ratio
0.71▲
2020 · 0.43
Debt to equity
4.28
ROE
106.8%
ROA
20.2%▲
2020 · -4.9%
Interest coverage
8.18
Debt ≤ 1 year
€177k▼
2020 · €232k
Debt > 1 year
€5k
Income taxes
€2k
Staff costs
€109k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 49 lines
Balance sheet
Code20202021
Assets
Total assets20/58€244k€243k▼
Fixed assets21/28€128k€110k▼
Tangible fixed assets22/27€92k€75k▼
Plant, machinery and equipment23-€73k
Furniture and vehicles24-€2k
Financial fixed assets28€35k€35k▼
Current assets29/58€116k€133k▲
Stocks and contracts in progress3€15k€7k▼
Stocks30/36-€7k
Amounts receivable within one year40/41€25k€5k▼
Trade receivables40-€4k
Other amounts receivable41-€744
Current investments50/53€20k€25k▲
Cash at bank and in hand54/58€16k€55k▲
Deferred charges and accrued income490/1-€41k
Equity and liabilities
Total equity and liabilities10/49€244k€243k▼
Equity10/15€-3k€46k▲
Contributions10/11-€6k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-11k€38k▲
Amounts payable17/49€247k€197k▼
Amounts payable after more than one year17-€5k
Financial debts170/4-€5k
Amounts payable within one year42/48€232k€177k▼
Current portion of amounts payable after more than one year42-€30k
Trade debts44€157k€102k▼
Suppliers440/4-€102k
Taxes, remuneration and social security45-€25k
Taxes450/3-€8k
Remuneration and social security454/9-€16k
Other amounts payable47/48-€20k
Accrued charges and deferred income492/3-€15k
Income statement
Code20202021
Remuneration, social security and pensions62-€109k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k▲
Other operating charges640/8-€14k
Gross operating margin9900€68k€200k▲
Operating profit (loss)9901€-8k€60k▲
Financial income75/76B-€653
Recurring financial income75€235€653▲
Financial charges65/66B-€9k
Recurring financial charges65€4k€9k▲
Profit (loss) for the period before taxes9903€-12k€51k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-12k€49k▲
Profit (loss) for the period to be appropriated9905€-12k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€38k
Profit (loss) brought forward from the previous period14P-€-11k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Back to profitnet €49k
Net result €49k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-12k ▼126%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Elsene · 1 establishment unit since 2016
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.
Louizalaan 1761050 ElseneGround area
5.7 ha
Building footprint
5.0 ha
Volume, LiDAR
514,870 m³
2 parcels, Brussels, Flanders · tallest building 36.8 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
WOK W
since 20162.259.231.948
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0010/00E002 | Flanders | 5.6 ha | 1 · 4.9 ha | 27.4 m · 4 fl. |
| 21807G0111/00G000 | Brussels | 396 m² | 1 · 273 m² | 36.8 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWijnegem2.259.231.948
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BE 0831.453.118
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YENTEK
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Antwerpen · Eq €46,044
Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 8,427 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.