Work Matters
ActiveWork Matters has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €116k and a net result of €47k. Equity is growing by ~51.1% per year across the filed fiscal years. Its solvency ranks better than 78% of 8968 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+4
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 5.03 against 3.42 in 2023; short-term debt: 19.2% and cash: 6% of total assets), and 19.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-05-2025, 74 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
74 d early
2023
47 d early
2022
24 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€116k▲ 67.5%
2023 · €69k
2022: €45k
2023: €69k
2022 → 2024
Total assets
€144k▲ 47.7%
2023 · €97k
2022: €69k
2023: €97k
2022 → 2024
Net result
€47k▲ 94.0%
2023 · €24k
2022: €40k
2023: €24k
2022 → 2024
Working capital
€111k▲ 64.5%
2023 · €68k
2022: €43k
2023: €68k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€45k-€69k▲ 53.3%€116k▲ 67.5%
Operating result€55k-€33k▼ 39.7%€61k▲ 84.0%
Net result€40k-€24k▼ 40.1%€47k▲ 94.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 84% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €144k
Fixed assets
€5k▲ 178%
Current assets
€139k▲ 45.3%
Equity and liabilities €144k
Equity
€116k▲ 67.5%
Debt
€28k▼ 1.2%
The debt ratio falls from 28.7% to 19.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€62k▲
2023 · €34k
Cash flow
€48k▲
2023 · €25k
Solvency
80.8%▲
2023 · 71.3%
Current ratio
5.03▲
2023 · 3.42
Quick ratio
5.03▲
2023 · 3.42
Debt / equity
0.24▼
2023 · 0.40
ROE
40.3%▲
2023 · 34.8%
ROA
32.6%▲
2023 · 24.8%
Interest coverage
29.66▼
2023 · 32.99
Debt
€28k▼
2023 · €28k
Debt ≤ 1 year
€28k▼
2023 · €28k
Income taxes
€13k▲
2023 · €9k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€97k€144k▲
Fixed assets21/28€2k€5k▲
Tangible fixed assets22/27€2k€5k▲
Furniture and vehicles24€2k€3k▲
Other tangible fixed assets26-€2k
Current assets29/58€96k€139k▲
Amounts receivable within one year40/41€30k€20k▼
Trade receivables40€27k€15k▼
Other amounts receivable41€3k€4k▲
Current investments50/53€60k€107k▲
Cash at bank and in hand54/58€109€9k▲
Deferred charges and accrued income490/1€6k€3k▼
Equity and liabilities
Total equity and liabilities10/49€97k€144k▲
Equity10/15€69k€116k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€64k€111k▲
Amounts payable17/49€28k€28k▼
Amounts payable within one year42/48€28k€28k▼
Trade debts44€1k€9k▲
Suppliers440/4€1k€9k▲
Taxes, remuneration and social security45€26k€19k▼
Taxes450/3€26k€19k▼
Other amounts payable47/48€677€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€462€813▲
Other operating charges640/8€648€440▼
Gross operating margin9900€34k€63k▲
Operating profit (loss)9901€33k€61k▲
Financial income75/76B€416€899▲
Recurring financial income75€416€899▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€33k€60k▲
Income taxes67/77€9k€13k▲
Profit (loss) for the period9904€24k€47k▲
Profit (loss) for the period to be appropriated9905€24k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€64k€111k▲
Profit (loss) brought forward from the previous period14P€40k€64k▲
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
2025
18-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €47k ▲94%
Operating result €61k, net result €47k, both a record.
31-12
Financial
Equity above €100kEq €116k ▲67.5%
3 profitable years in a row build equity to €116k.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €24k ▼40.1%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Jabbeke · 1 establishment unit since 2021
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.
Fonteinebeekdreef 248490 JabbekeGround area
2,465 m²
Building footprint
374 m²
Volume, LiDAR
2,366 m³
2 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Work Matters
since 20212.323.918.476
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31035C0450/00H000 | Flanders | 1,614 m² | 1 · 248 m² | 10.6 m · 2 fl. |
| 31012C0366/00F000 | Flanders | 852 m² | 1 · 126 m² | 10.3 m · 2 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 213 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 213 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,901. 5,559 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-2021
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
82990Other business support services
85593Socio-cultural adult education
85599Other education
86909Human health activities
86995Nutrition and dietetics services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.