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Work Vitamins

Active
Private limited companyfounded 201610 yrs activeGroenveldstraat 13, 3001 Leuven, BelgiumKBO/BCE: BE 0649.416.186
Summary

The annual accounts of Work Vitamins for fiscal year 2025 show a net loss of 386% of total assets and of 80% of the equity at the start of that year. The 2025 annual accounts show equity of €9k and a net result of €-36k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 93% of 1906 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
59 / 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 17.54 against 41.32 in 2024; short-term debt: 5.7% and cash: 87.5% of total assets), and 5.7% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
94.3%
Return on assets
-385.6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year €-36k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
57 d early
2024
117 d late
2023
28 d early
2022
17 d early
2021
6 d early
2020
26 d late
2019
35 d early
← before the deadline after the deadline →
Checked, nothing found (2)
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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€9k▼ 80.4%
2024 · €45k
2018: €785 2019: €-137▼ -117% vs 2018 2020: €-544▼ -297% vs 2019lowest in 8 years 2021: €68k▲ +12609% vs 2020 2022: €69k▲ +0.9% vs 2021highest in 8 years 2023: €56k▼ -18.9% vs 2022 2024: €45k▼ -18.7% vs 2023 2025: €9k▼ -80.4% vs 2024
2018 → 2025
Total assets
€9k▼ 79.3%
2024 · €46k
2018: €4k 2019: €3k▼ -24.8% vs 2018lowest in 8 years 2020: €253k▲ +8406% vs 2019 2021: €552k▲ +118% vs 2020highest in 8 years 2022: €144k▼ -73.8% vs 2021 2023: €58k▼ -59.6% vs 2022 2024: €46k▼ -21.8% vs 2023 2025: €9k▼ -79.3% vs 2024
2018 → 2025
Net result
€-36k▼ 249%
2024 · €-10k
2018: €-4k 2019: €-2k▲ +49.6% vs 2018 2020: €-2k▼ -25.3% vs 2019 2021: €19k▲ +871% vs 2020highest in 8 years 2022: €602▼ -96.8% vs 2021 2023: €-13k▼ -2257% vs 2022 2024: €-10k▲ +19.8% vs 2023 2025: €-36k▼ -249% vs 2024lowest in 8 years
2018 → 2025
Working capital
€9k▼ 42.7%
2024 · €16k
2018: €785 2019: €-137▼ -117% vs 2018 2020: €-24k▼ -17101% vs 2019lowest in 8 years 2021: €95k▲ +505% vs 2020highest in 8 years 2022: €19k▼ -80.2% vs 2021 2023: €16k▼ -15.8% vs 2022 2024: €16k▼ -2.5% vs 2023 2025: €9k▼ -42.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€68k-€69k▲ 0.9%€56k▼ 18.9%€45k▼ 18.7%€9k▼ 80.4% 2021: €68k 2022: €69k▲ +0.9% vs 2021highest in 5 years 2023: €56k▼ -18.9% vs 2022 2024: €45k▼ -18.7% vs 2023 2025: €9k▼ -80.4% vs 2024lowest in 5 years
Operating result€20k-€912▼ 95.4%€-13k€-10k▲ 20.0%€-36k▼ 252% 2021: €20khighest in 5 years 2022: €912▼ -95.4% vs 2021 2023: €-13k▼ -1510% vs 2022 2024: €-10k▲ +20.0% vs 2023 2025: €-36k▼ -252% vs 2024lowest in 5 years
Net result€19k-€602▼ 96.8%€-13k€-10k▲ 19.8%€-36k▼ 249% 2021: €19khighest in 5 years 2022: €602▼ -96.8% vs 2021 2023: €-13k▼ -2257% vs 2022 2024: €-10k▲ +19.8% vs 2023 2025: €-36k▼ -249% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2021: €20k€20kNet result 2021: €19k€19kOperating result 2022: €912€912Net result 2022: €602€602Operating result 2023: €-13k€-13kNet result 2023: €-13k€-13kOperating result 2024: €-10k€-10kNet result 2024: €-10k€-10kOperating result 2025: €-36k€-36kNet result 2025: €-36k€-36k20212022202320242025€-40k€-30k€-20k€-10k€0Operating result 2023: €-13k€-13kNet result 2023: €-13k€-13kOperating result 2024: €-10k€-10kNet result 2024: €-10k€-10kOperating result 2025: €-36k€-36kNet result 2025: €-36k€-36k202320242025
The operating result stays negative: a loss of €36k in 2025 against €10k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €9k
Equity €9k ▼ 80.4%
Debt €537 ▲ 39.8%
Debt's share of the balance-sheet total rises from 0.8% to 5.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-26k▼
2024 · €-285
Cash flow
€-26k▼
2024 · €-404
Current ratio
17.54▼
2024 · 41.32
Debt to equity
0.06▲
2024 · 0.01
ROE
-408.9%▼
2024 · -23.0%
ROA
-385.6%▼
2024 · -22.8%
Interest coverage
-220.50▼
2024 · -2.40
Debt ≤ 1 year
€537▲
2024 · €384
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€46k€9k▼
Fixed assets21/28€30k€0▼
Tangible fixed assets22/27€30k€0▼
Plant, machinery and equipment23€30k€0▼
Current assets29/58€16k€9k▼
Amounts receivable within one year40/41€11k€1k▼
Trade receivables40€0€266▲
Other amounts receivable41€11k€914▼
Cash at bank and in hand54/58€5k€8k▲
Equity and liabilities
Total equity and liabilities10/49€46k€9k▼
Equity10/15€45k€9k▼
Contributions10/11€66k€66k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-23k€-59k▼
Amounts payable17/49€384€537▲
Amounts payable within one year42/48€384€537▲
Trade debts44€384€537▲
Suppliers440/4€384€537▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Other operating charges640/8€0€10k▲
Non-recurring operating charges66A-€20k
Gross operating margin9900€-285€4k▲
Operating profit (loss)9901€-10k€-36k▼
Financial charges65/66B€119€119=
Recurring financial charges65€119€119=
Profit (loss) for the period before taxes9903€-10k€-36k▼
Profit (loss) for the period9904€-10k€-36k▼
Profit (loss) for the period to be appropriated9905€-10k€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-59k▼
Profit (loss) brought forward from the previous period14P€-12k€-23k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€274€10k€10k€10k=
Other operating charges640/8-€57-€0€10k-
Non-recurring operating charges66A----€20k-
Gross operating margin9900€35k€1k€-3k€-285€4k▲ 1,473%
Operating profit (loss)9901€20k€912€-13k€-10k€-36k▼ 252%
Financial charges65/66B€153€109€118€119€119=
Recurring financial charges65€153€109€118€119€119=
Profit (loss) for the period before taxes9903€20k€802€-13k€-10k€-36k▼ 249%
Income taxes67/77€1k€201----
Profit (loss) for the period9904€19k€602€-13k€-10k€-36k▼ 249%
Profit (loss) for the period to be appropriated9905€19k€602€-13k€-10k€-36k▼ 249%
Line20212022202320242025Change
Assets
Total assets20/58€552k€144k€58k€46k€9k▼ 79.3%
Fixed assets21/28€325k€50k€40k€30k€0▼ 100%
Intangible fixed assets21€325k-----
Tangible fixed assets22/27-€50k€40k€30k€0▼ 100%
Plant, machinery and equipment23-€50k€40k€30k€0▼ 100%
Current assets29/58€227k€95k€19k€16k€9k▼ 40.7%
Amounts receivable within one year40/41€120k€15k€15k€11k€1k▼ 89.6%
Trade receivables40€56k€2k€2k€0€266-
Other amounts receivable41€64k€13k€13k€11k€914▼ 91.9%
Cash at bank and in hand54/58€107k€80k€3k€5k€8k▲ 80.7%
Equity and liabilities
Total equity and liabilities10/49€552k€144k€58k€46k€9k▼ 79.3%
Equity10/15€68k€69k€56k€45k€9k▼ 80.4%
Contributions10/11€66k€66k€66k€66k€66k=
Reserves13--€2k€2k€2k=
Non-distributable reserves130/1--€0---
Other1319--€0---
Distributable reserves133--€2k€2k€2k=
Profit (loss) carried forward14€2k€3k€-12k€-23k€-59k▼ 160%
Amounts payable17/49€484k€76k€3k€384€537▲ 39.8%
Amounts payable after more than one year17€352k-----
Financial debts170/4€352k-----
Amounts payable within one year42/48€132k€76k€3k€384€537▲ 39.8%
Trade debts44€131k-€3k€384€537▲ 39.8%
Suppliers440/4€131k-€3k€384€537▲ 39.8%
Advances received on contracts in progress46-€76k----
Taxes, remuneration and social security45€1k-----
Taxes450/3€1k-----
Other amounts payable47/48€54-----
Line20212022202320242025Change
Profit (loss) for the period9904€19k€602€-13k€-10k€-36k▼ 249%
+ Depreciation and write-downs630€15k€274€10k€10k€10k=
Operating cash flow (approximation)€34k€876€-3k€-404€-26k▼ 6,420%
Investment in fixed assets (approximation)-€275k€0€0€20k-
Change in cash-€-27k€-76k€1k€4k▲ 190%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
04-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series.
25-11
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 117 days late
2024
31-12
Financial Liquidity times 6current ratio 41.32
Current ratio from 6.84 to 41.32; short-term debt falls from €3k to €384.
03-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Liquidity times 5current ratio 6.84
Current ratio from 1.25 to 6.84; short-term debt falls from €76k to €3k.
14-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
25-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €19k
Net result €19k after 3 loss-making years.
31-12
Financial Liquidity doublescurrent ratio 1.72
Current ratio from 0.85 to 1.72; short-term debt falls from €152k to €132k.
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
26-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 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, Leuven · 1 establishment unit since 2016
seat establishment approximate The establishment unit on the map
Ground area
241 m²
Building footprint
83 m²
Volume, LiDAR
606 m³
Parcel 24432D0132/00V000, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CRITEAK
Groenveldstraat 13, 3001 LeuvenAgents in non-specialised wholesale trade
since 20162.253.247.543
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24432D0132/00V000 Flanders 241 m² 1 · 83 m² 13.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,723 companies in sector 63100 we hold annual accounts for 1,270. 540 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded26-02-2016
Fiscal year end31-12
Trade name NL CRITEAK
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities

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