Lower solvency than 87% of companies in specialised construction. Sector median 46.9% · 37,177 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 2,156 companies had the same profile as WORK CONSTRUCT has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
2.8%
stopped another way
3.0%
went bankrupt
Micro
2 to 5 years old
solvency under 10%
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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
2.9%
3.1%
10
5.6%
6.1%
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 2,156 companies, not a prediction for WORK CONSTRUCT. 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.
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Registered in the Peppol Directory
Reachable for e-invoices through 0208:0785644768
Registered-office move
Gazette deed
Registered office moved within Rijkevorsel
New registered office: Sint-Jozef 54, 2310 Rijkevorsel · Previous registered office: Sint-Jozef 4, 2310 Rijkevorsel · Gazette deed
Incorporation
Founding capital of €2,500, 100 shares · Founder: Name after signing inVisible after signing in (oprichters) · Appointment: Name hiddenVisible after signing in (director) · published on 05-05-2022 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as WORK CONSTRUCT: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €74,500 and €95,000, founded between 2021 and 2022.
The company number of WORK CONSTRUCT is 0785.644.768. The VAT number is the same number with BE in front: BE 0785.644.768.
Where is WORK CONSTRUCT based?
The registered office is at Onderwijslaan 2, 9400 Ninove.Company details
What does WORK CONSTRUCT do?
According to the KBO register, the main activity is other building finishing work (NACE 43350).
What is the legal form of WORK CONSTRUCT?
WORK CONSTRUCT is a private limited company (BV).
When was WORK CONSTRUCT founded?
WORK CONSTRUCT was founded on 03-05-2022.
Is WORK CONSTRUCT still active?
Yes, WORK CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of WORK CONSTRUCT?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €31,261 and 88 comparable companies (NACE 433). It probably lies between €130,000 and €310,000.Financials
Is WORK CONSTRUCT profitable?
In financial year 2025, WORK CONSTRUCT made a profit of €8,914.
Where can I find the annual accounts of WORK CONSTRUCT?
WORK CONSTRUCT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WORK CONSTRUCT due?
WORK CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline