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WORK.S

Active
Private limited companyfounded 2023active for 3 yearsPark Ter Heide 29, 3271 Scherpenheuvel-Zichem, BelgiumKBO/BCE: BE 0804.387.346
Summary

WORK.S has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78,254 and a net result of €78,254. Its solvency ranks better than 79% of 4,305 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Graphic design and visual communication
NACE 74120
1 site
Size
€99,782total assets 2025
Equity
€78,254
Profit
€78,254
Turnover not published (micro format)
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts filed 20 days late1 of 2 deeds read
Why 98raises riskFounded in 2023lowers riskLiquidity: current ratio 3.60, cash €56,511Sector: Other professional, scientific and technical activities (NACE 74)Equity €78,254 (78.4% of total assets)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 88% of its sector peers (NACE 74, micro)
Financial strength
Strong
Solvency 100
equity 78.4% of total assets
Liquidity 93
short-term debt 21.6% · cash 56.6%
Profitability 100
return on assets 78.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (5,414 companies, NACE 74, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.7%▲ +0.1 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.8%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%▼ -0.1 percentage points vs 04-2025 06-2025: 0.8%▲ +0.1 percentage points vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 1.4%▲ +0.5 percentage points vs 01-2026highest value 03-2026: 0.1%▼ -1.3 percentage points vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.6, above the usual 1.5; short-term debt: 21.6% and cash: 56.6% of total assets), and 21.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 74, micro): better than 88% on solvency, 86% on liquidity and 88% on profitability.

The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.60, cash €56,511
NBB · annual accounts
lowers risk · Sector: Other professional, scientific and technical activities (NACE 74)
KBO
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €78,254 (78.4% of total assets)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-02-2026, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
20 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Algemene Vergadering - BoekjaarAmendment of the articles

Financials · financial year 2025, micro format

2025 annual accounts filed late (20 days) Filed on 20 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00041107.

Equity
€78,254
Total assets
€99,782
Net result
€78,254
Working capital
€55,997

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €99,782
Fixed assets €22,257
Current assets €77,525
Equity and liabilities €99,782
Equity €78,254
Debt €21,528
Debt finances 21.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€108,634
Cash flow
€108,462
Current ratio
3.60
Debt to equity
0.28
ROE
100.0%
ROA
78.4%
Interest coverage
over 100
Debt ≤ 1 year
€21,528
Staff costs
€2,643

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€99,782
Fixed assets21/28€22,257
Intangible fixed assets21€13,388
Tangible fixed assets22/27€8,869
Plant, machinery and equipment23€8,869
Current assets29/58€77,525
Amounts receivable within one year40/41€21,014
Trade receivables40€15,957
Other amounts receivable41€5,058
Cash at bank and in hand54/58€56,511
Equity and liabilities
Total equity and liabilities10/49€99,782
Equity10/15€78,254
Profit (loss) carried forward14€78,254
Amounts payable17/49€21,528
Amounts payable within one year42/48€21,528
Current portion of amounts payable after more than one year42€0
Trade debts44€4,735
Suppliers440/4€4,735
Taxes, remuneration and social security45€1,193
Taxes450/3€1,193
Other amounts payable47/48€15,600
Income statement Code2025
Remuneration, social security and pensions62€2,643
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,208
Other operating charges640/8€3,107
Non-recurring operating charges66A€15,097
Gross operating margin9900€129,480
Operating profit (loss)9901€78,426
Financial charges65/66B€172
Recurring financial charges65€172
Profit (loss) for the period before taxes9903€78,254
Profit (loss) for the period9904€78,254
Profit (loss) for the period to be appropriated9905€78,254
Appropriation of the result
Profit (loss) to be appropriated9906€78,254

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€2,643
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,208
Other operating charges640/8€3,107
Non-recurring operating charges66A€15,097
Gross operating margin9900€129,480
Operating profit (loss)9901€78,426
Financial charges65/66B€172
Recurring financial charges65€172
Profit (loss) for the period before taxes9903€78,254
Profit (loss) for the period9904€78,254
Profit (loss) for the period to be appropriated9905€78,254
Line2025
Assets
Total assets20/58€99,782
Fixed assets21/28€22,257
Intangible fixed assets21€13,388
Tangible fixed assets22/27€8,869
Plant, machinery and equipment23€8,869
Current assets29/58€77,525
Amounts receivable within one year40/41€21,014
Trade receivables40€15,957
Other amounts receivable41€5,058
Cash at bank and in hand54/58€56,511
Equity and liabilities
Total equity and liabilities10/49€99,782
Equity10/15€78,254
Profit (loss) carried forward14€78,254
Amounts payable17/49€21,528
Amounts payable within one year42/48€21,528
Current portion of amounts payable after more than one year42€0
Trade debts44€4,735
Suppliers440/4€4,735
Taxes, remuneration and social security45€1,193
Taxes450/3€1,193
Other amounts payable47/48€15,600
Line2025
Profit (loss) for the period9904€78,254
+ Depreciation and write-downs630€30,208
Operating cash flow (approximation)€108,462

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 micro format 20-02-2026 2026-00041107

Similar companies · same sector, comparable size

Of the 6,266 active companies whose main activity is graphic design and visual communication (NACE 74120), figures are known for 1,021. 852 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

WORK.S was incorporated on 28 July 2023 as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
20-02
NBB filing Annual accounts filed
financial year 2025 · micro format · 20 days late
2025
29-07
Gazette deed Algemene Vergadering - Boekjaar
Amendment of the articles3 facts ▸
  • General meeting, 26-09-2024
  • Amendment of the articles, 14
  • Amendment of the articles, 16
Gazette deedNBB filing
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded28-07-2023
Financial year end30-06
Activities, NACEBEL 2025
74120Graphic design and visual communication
74112Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804387346
Also 9925:BE0804387346
Registered 13-01-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 21 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Scherpenheuvel-Zichem · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
541 m²
Building footprint
124 m²
Building volume
658 m³
Parcel 24005D0269/00X002, Flanders · tallest building 7.0 m. Linked by address, not a title deed.
1 establishment unit
WORK.S
Park Ter Heide 29, 3271 Scherpenheuvel-ZichemGraphic design and visual communication
since 2023unit no. 2.347.991.007
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
24005D0269/00X002 Flanders 541 m² 1 · 124 m² 7.0 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of December at 20:00

Read from the deeds: 1 provision, deed of 29-07-2025