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Work

Active
Private limited companyfounded 2023active for 3 yearsEntrepotplaats 8, 2000 Antwerpen, BelgiumKBO/BCE: BE 0805.394.364
Summary

The computed 12-month bankruptcy probability of Work is 2.2% (moderate). The 2025 annual accounts show equity of €15,359 and a net result of -€777. Its solvency ranks better than 95% of 9,895 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 01-09-2023 Normal situation
Activity
Joinery installation NACE 43320
Establishment unit
2.349.976.834 2000 Antwerpen, since 01-09-2023
Financial year end
31 December
Peppol
Reachable since 29-12-2025

Board and ownership

Board
  • Large View Minimalst Design BVDirector
Shareholders

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Annual accounts 2025
Gross margin
-€657
▲ 82.5%
Loss
€777
▼ 79.9%
Equity
€15,359
▼ 4.8%
Total assets
€15,469
▼ 6.0%
Turnover not published (abbreviated format)
Score breakdownraises riskFounded in 2023Liquidity: current ratio 140.15, cash €22Size: total assets €15,469Sector: Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 45% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 100=
equity 99.3% of total assets
Liquidity 50=
short-term debt 0.7% · cash 0.1%
Profitability 25+25
return on assets -5.0%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 4.3% 01-2025: 4.5%▲ +0.2 percentage points vs 12-2024 02-2025: 5.0%▲ +0.5 percentage points vs 01-2025 03-2025: 5.0%● unchanged vs 02-2025 04-2025: 5.2%▲ +0.2 percentage points vs 03-2025 05-2025: 5.3%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 5.1%▼ -0.2 percentage points vs 05-2025 07-2025: 5.2%▲ +0.1 percentage points vs 06-2025 08-2025: 4.3%▼ -0.9 percentage points vs 07-2025 09-2025: 4.3%● unchanged vs 08-2025 10-2025: 4.3%● unchanged vs 09-2025 11-2025: 4.3%● unchanged vs 10-2025 12-2025: 4.3%● unchanged vs 11-2025 01-2026: 4.3%● unchanged vs 12-2025 02-2026: 4.3%● unchanged vs 01-2026 03-2026: 4.3%● unchanged vs 02-2026 04-2026: 4.9%▲ +0.6 percentage points vs 03-2026 05-2026: 4.7%▼ -0.2 percentage points vs 04-2026 06-2026: 4.8%▲ +0.1 percentage points vs 05-2026 07-2026: 4.8%● unchanged vs 06-2026 08-2026: 3.3%▼ -1.5 percentage points vs 07-2026 09-2026: 3.3%● unchanged vs 08-2026 10-2026: 2.2%▼ -1.1 percentage points vs 09-2026lowest value 11-2026: 2.2%● unchanged vs 10-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Short-term debt is 0.7% and cash 0.1% of total assets. 0.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 90% of them on solvency, 44% on liquidity, 15% on profitability and 29% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 140.15, cash €22
NBB · annual accounts
raises risk · Size: total assets €15,469
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 31-07-2026, 0 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
on the day
2024
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 1 day before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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.
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 31-07-2026 at the NBB all 2 filings

Equity
€15,359▼ 4.8%
2024 · €16,136
Total assets
€15,469▼ 6.0%
2024 · €16,460
Net result
-€777▲ 79.9%
2024 · -€3,864
Working capital
€15,359▼ 4.8%
2024 · €16,136
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is a loss of €777, smaller than the loss of €3,864 in 2024.

Operating result-€777 2025 Net result-€777 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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

The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€3,864--€777▲ 79.9%
Net result-€3,864below the sector's middle half--€777below the sector's middle half▲ 79.9%
Equity€16,136below the sector's middle half-€15,359below the sector's middle half▼ 4.8%
Total assets€16,460below the sector's middle half-€15,469below the sector's middle half▼ 6.0%
Debt€324-€110▼ 65.9%
Working capital€16,136below the sector's middle half-€15,359below the sector's middle half▼ 4.8%
Solvency98.0%above the sector's middle half-99.3%above the sector's middle half▲ 1.3pp
Current ratio50.86above the sector's middle half-
Return on assets (ROA)-23.5%below the sector's middle half--5.0%below the sector's middle half▲ 18.4pp
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €15,469
Equity €15,359 ▼ 4.8%
Debt €110 ▼ 65.9%
Debt's share of the balance-sheet total falls from 2.0% to 0.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.01▼
2024 · 0.02
ROE
-5.1%▲
2024 · -23.9%
Debt ≤ 1 year
€110▼
2024 · €324
A ratio outside any meaningful range has been withheld (balance sheet total €15,469, equity €15,359).
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 · 22 lines
Balance sheet Code20242025
Assets
Total assets20/58€16,460€15,469▼
Current assets29/58€16,460€15,469▼
Amounts receivable within one year40/41€16,438€15,448▼
Trade receivables40€15,975-
Other amounts receivable41€464€15,448▲
Cash at bank and in hand54/58€22€22=
Equity and liabilities
Total equity and liabilities10/49€16,460€15,469▼
Equity10/15€16,136€15,359▼
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€3,864-€4,641▼
Amounts payable17/49€324€110▼
Amounts payable within one year42/48€324€110▼
Trade debts44€324€110▼
Suppliers440/4€324€110▼
Income statement Code20242025
Other operating charges640/8€118€120▲
Gross operating margin9900-€3,746-€657▲
Operating profit (loss)9901-€3,864-€777▲
Profit (loss) for the period before taxes9903-€3,864-€777▲
Profit (loss) for the period9904-€3,864-€777▲
Profit (loss) for the period to be appropriated9905-€3,864-€777▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3,864-€4,641▼
Profit (loss) brought forward from the previous period14P--€3,864

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.

Line20242025Change
Other operating charges640/8€118€120▲ 1.7%
Gross operating margin9900-€3,746-€657▲ 82.5%
Operating profit (loss)9901-€3,864-€777▲ 79.9%
Profit (loss) for the period before taxes9903-€3,864-€777▲ 79.9%
Profit (loss) for the period9904-€3,864-€777▲ 79.9%
Profit (loss) for the period to be appropriated9905-€3,864-€777▲ 79.9%
Line20242025Change
Assets
Total assets20/58€16,460€15,469▼ 6.0%
Current assets29/58€16,460€15,469▼ 6.0%
Amounts receivable within one year40/41€16,438€15,448▼ 6.0%
Trade receivables40€15,975--
Other amounts receivable41€464€15,448▲ 33×
Cash at bank and in hand54/58€22€22=
Equity and liabilities
Total equity and liabilities10/49€16,460€15,469▼ 6.0%
Equity10/15€16,136€15,359▼ 4.8%
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€3,864-€4,641▼ 20.1%
Amounts payable17/49€324€110▼ 65.9%
Amounts payable within one year42/48€324€110▼ 65.9%
Trade debts44€324€110▼ 65.9%
Suppliers440/4€324€110▼ 65.9%
Line20242025Change
Profit (loss) for the period9904-€3,864-€777▲ 79.9%
Operating cash flow (approximation)-€3,864-€777▲ 79.9%
Change in cash-€0-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 2,145 companies had the same profile as Work has now. Two years later, 2.2% had gone bankrupt and 91.7% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.2% went bankrupt
5.9% stopped otherwise
91.7% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Work itself: 2.2% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,145 companies, not a prediction for Work. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 31-07-2026 2026-00364583 PDF
31-12-2024 abbreviated format 29-07-2025 2025-00322950 PDF

Board & ownership

Directors

Directors
1 director, no change since 2025
Large View Minimalst Design BV
Director · Legal entity · listed in the 2025 annual accounts, filed on 31-07-2026
Current

Owners and capital

Shareholders

1 owner

Chain of control

  1. Zwocom 54.55%
  2. Large View Minimalist Design 100%
  3. Work

Owners 1

Capital transactions

Shareholders according to the deeds
At incorporation act of 05-09-2023 ↗
Capital over time
  1. 05-09-2023 Incorporation · €20,000 · 2,000 shares

Mandate history

4 people, 1 in office
Show
  • Board
  • began earlier
  • end not dated
Mandates per person, with start and end dates
Name Functions and periods
Large View Minimalst Design BV
  • Director, since before 31-12-2025
MADAVINCI
  • Director, appointed in the act of 06-11-2023, until 26-06-2025
Najzer Dawid
  • Director, appointed in the act of 25-10-2023, until 31-10-2023
Large View Minimalist Design
  • Director (not named in the articles), appointed in the act of 05-09-2023, no longer listed in the 2025 annual accounts
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Enkel gezamenlijk,behalve tot 5000 alleen, minstens helft aanwezig of vertegenwoordigd”

Articles of association, deed of 05-09-2023 (in Dutch)

Network & group

Companies at the same address

1 other company

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Omni Tech Solutions
Shared corporate director
→

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
31-07
NBB filing Annual accounts 2025 filedNBB
abbreviated format · on the deadline day
2025
31-12
Financial Liquidity more than doubledcurrent ratio 140.15
The current ratio rises from 50.86 to 140.15. Short-term debt falls from €324 to €110.
24-10
Gazette deed Resignations: Najzer Dawid (director) and Madavinci BV (director)
3 points ▸
  • General meeting, 27-06-2025
  • Director resignation, Najzer Dawid (director)
  • Director resignation, Madavinci BV (director)

Open the act in the Belgian Official Gazette

29-07
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 2 days before the deadline
2024
22-10
Gazette deed Registered office moved within Antwerpen
Director in office3 points ▸
  • Registered-office move, 2000 Antwerpen, Entrepotplaats 8
  • Board meeting, “bestuurders” (deed in Dutch)
  • Director in office, Wojciech Zwiersz (director)

Open the act in the Belgian Official Gazette

2023
06-11
Gazette deed Appointment: MADAVINCI (director)
Permanent representative: Marc Troch3 points ▸
  • General meeting, 18-09-2023
  • Director appointment, MADAVINCI (director)
  • Permanent representative, Marc Troch

Open the act in the Belgian Official Gazette

25-10
Gazette deed Appointment: Dawid Najzer (director)
4 points ▸
  • General meeting, 01-09-2023
  • Director appointment, Dawid Najzer (director)
  • Director in office, Large View Minimalist Design BV (director)
  • Other provision, “publicatiereferentie”, 23136472 (deed in Dutch)

Open the act in the Belgian Official Gazette

05-09
Gazette deed Incorporation
Starting capital €20,000 · Appointment: Large View Minimalist Design (director) · Permanent representative: ZWIERSZ Wojciech · Registered office clause7 points ▸
  • Registered office clause, “Jan Vanhoenackerstraat 16 bus 02.02,2000 Antwerpen” (deed in Dutch)
  • Board rule, 1
  • Director appointment, Large View Minimalist Design (director (not named in the articles))
  • Permanent representative, ZWIERSZ Wojciech
  • Incorporation, 30-08-2023
  • Founder, Large View Minimalist Design
  • Founding capital, €20,000

Open the act in the Belgian Official Gazette

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 1 September 2023, Work was incorporated as a private limited company by Large View Minimalist Design, with a starting capital of €20,000.12 In 2024 the registered office moved to Antwerpen.3 Large View Minimalst Design BV is director of the company according to the 2025 annual accounts.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 05-09-2023
  3. 3Belgian Official Gazette, 22-10-2024
  4. 4National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name Work in Dutch
Enterprise number 0805.394.364
Legal form Private limited company
Status Active, normale toestand
Founded 01-09-2023
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 05-09-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, 2000 Antwerpen,Jan Vanhoenackerstraat 16 bus 02.02”
deed of 05-09-2023 (in Dutch)

Registered office and establishments

Registered office Entrepotplaats 8, 2000 Antwerpen, Belgium
Establishment unit Work, Jan Vanhoenackerstraat 16, 2000 Antwerpen since 01-09-2023 · unit number 2.349.976.834

Activities

NACEBEL 2025
43320 Joinery installation main activity
Codes under NACEBEL 2008
43320 Joinery installation main activity

Invoicing and payment

VAT number BE 0805.394.364
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0805394364
Other Peppol ID 9925:BE0805394364
Registered 29-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0805.394.364

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 20:00
deed of 05-09-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Buildings and parcels at the addresses

Ground area
2,196 m²
Cadastral parcel Region Area Buildings Height / floors
11811L3925/00H004 Flanders 2,108 m² - -
11802B2280/00F000 Flanders 88 m² - -