WORK CONSTRUCTION
ActiveWORK CONSTRUCTION has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 4462 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+3
Solvency56▲+38
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.41 against 0.93 in 2024; short-term debt: 69.1% of total assets), and 69.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.9%
Return on assets
33.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
153 d late
2021
22 d late
2020
4 d early
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€13k
2024 · €-1k
2018: €8k
2019: €-7k
2020: €-4k
2021: €11k
2022: €2k
2023: €-5k
2024: €-1k
2018 → 2025
Total assets
€42k▲ 177%
2024 · €15k
2018: €10k
2019: €6k
2020: €28k
2021: €16k
2022: €12k
2023: €9k
2024: €15k
2018 → 2025
Net result
€14k▲ 225%
2024 · €4k
2018: €-11k
2019: €-15k
2020: €3k
2021: €14k
2022: €-9k
2023: €-7k
2024: €4k
2018 → 2025
Working capital
€12k
2024 · €-1k
2018: €2k
2019: €-9k
2020: €-12k
2021: €5k
2022: €-826
2023: €-6k
2024: €-1k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€2k▼ 83.7%€-5k€-1k▲ 79.4%€13k
Operating result€9k-€-8k€-6k▲ 25.4%€5k€15k▲ 178%
Net result€14k-€-9k€-7k▲ 18.4%€4k€14k▲ 225%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 178% above 2024 and is the highest result in the available series.
Balance-sheet composition
Assets €42k
Fixed assets
€989
Current assets
€41k
Equity and liabilities €42k
Equity
€13k
Debt
€29k
Debt finances 69.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€15k▲
2024 · €6k
Cash flow
€14k▲
2024 · €5k
Solvency
30.9%▲
2024 · -7.4%
Current ratio
1.41▲
2024 · 0.93
Quick ratio
1.41▲
2024 · 0.93
Debt / equity
2.23▲
2024 · -14.46
ROE
108.7%
ROA
33.6%▲
2024 · 28.7%
Interest coverage
19.40▲
2024 · 5.62
Debt
€29k▲
2024 · €16k
Debt ≤ 1 year
€29k▲
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€15k€42k▲
Fixed assets21/28-€989
Tangible fixed assets22/27-€989
Plant, machinery and equipment23-€989
Current assets29/58€15k€41k▲
Amounts receivable within one year40/41€15k€41k▲
Trade receivables40€14k€36k▲
Other amounts receivable41€857€5k▲
Cash at bank and in hand54/58€54-
Equity and liabilities
Total equity and liabilities10/49€15k€42k▲
Equity10/15€-1k€13k▲
Contributions10/11€19k€19k=
Reserves13€67€67=
Non-distributable reserves130/1€67€67=
Reserves not available under the articles1311€67€67=
Profit (loss) carried forward14€-20k€-6k▲
Amounts payable17/49€16k€29k▲
Amounts payable within one year42/48€16k€29k▲
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Taxes, remuneration and social security45-€136
Taxes450/3-€136
Other amounts payable47/48€12k€16k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€348€57▼
Other operating charges640/8€954-
Gross operating margin9900€7k€15k▲
Operating profit (loss)9901€5k€15k▲
Financial charges65/66B€1k€772▼
Recurring financial charges65€1k€772▼
Profit (loss) for the period before taxes9903€4k€14k▲
Profit (loss) for the period9904€4k€14k▲
Profit (loss) for the period to be appropriated9905€4k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€-6k▲
Profit (loss) brought forward from the previous period14P€-24k€-20k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 153 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Highest result since 2018net €14k ▲332%
Net result €14k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 1.90
Current ratio from 0.63 to 1.90; short-term debt falls from €32k to €6k.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Overijse · 1 establishment unit since 2017
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.
Brusselsesteenweg 2923090 OverijseGround area
2,062 m²
Building footprint
293 m²
Volume, LiDAR
2,386 m³
2 parcels, Brussels, Flanders · tallest building 19.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Work Construction
since 20172.265.295.141
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23062B0376/02D005 | Flanders | 1,934 m² | 1 · 198 m² | 6.6 m · 1 fl. |
| 21562A0183/00P016 | Brussels | 128 m² | 1 · 95 m² | 19.7 m · 5 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.
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Of 21,219 companies in sector 81300 we hold annual accounts for 4,363. 2,724 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-03-2017
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.