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WORK CONSTRUCT

Active Private limited companyfounded 2022active for 4 yearsOnderwijslaan 2, 9400 NinoveKBO/BCE: BE 0785.644.768

Lifetime

4 annual accounts with figures on one time axis
peak €31,261 (2025)
€31,261▲ 731%
lowest -€11,705 (2024)
€8,914▲ €20,619
peak €9,310 (2023)
€6,519▲ €8,914
€82,880▼ 6.0%
Board1 name since 2022
1 director
Documentsfilings and deeds
24-04-202698 days before the deadline
2025micro format
Gross margin from €3,763 to €31,261Back to profit: €8,914Equity from -€2,395 to €6,519Cash from €1,877 to €24,034

Key points

from the 2025 annual accounts

Turnover

≈ €190,000 estimated

The micro format states no turnover.

Debts

€82,880 93% of the balance sheet
Financial debts 44%Suppliers 5%Taxes and wages 24%Other 27%

Of this, €46,324 falls due within a year.

Position in the sector

7.3%

Lower solvency than 87% of companies in specialised construction. Sector median 46.9% · 37,177 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

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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Signals

Board and ownership

Director
  • 100 sharesdeed of 05-05-2022
Board & ownership

Recent changes

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: (oprichters) · Appointment: (director) · published on 05-05-2022 · Gazette deed
All 11 events

Comparable companies

same main activity, similar in size and age
Company
WORK CONSTRUCT Ninove €89,399 €31,261 7.3% -
BOEL TONY & CO Lebbeke €92,574 €41,817 55.9% -
CRI-BAT Londerzeel €81,616 €28,465 48.8% -
De Ryck Montage Dilsen-Stokkem €90,971 €25,718 42.4% -
RENOVA.BE Forest €78,455 €33,651 24.7% -
Beylik Beringen €94,964 €27,066 72.6% -
ARTEC PISCINES ET FILS Soumagne €74,537 €34,228 70.1% -

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.

Official details

Source: KBO
Status
Active since 03-05-2022Normal situation
Activity
Other building finishing workNACE 43350and 3 others
Establishment unit
2.330.915.3449400 Ninove, since 03-05-2022
Financial year end
31 December
Peppol
Reachable since 02-02-2026
Company details

Annual accounts 2025

€89,399▲ 4.2%
Filing
Filed on 24-04-2026, 98 days before the end of the filing period
Financials

Insights on WORK CONSTRUCT

WORK CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €7,104 in 2022 to €31,261 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about WORK CONSTRUCT

What is the company number of WORK CONSTRUCT?
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

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