WORK WELL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €151k and a net result of €67k. Its solvency ranks better than 82% of 7994 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 20-11-2025, 20 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 · 2 filingsDeviation from the deadline
2025
20 d late
2024
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€151k▲ 78.4%
2024 · €85k
2024: €85k
2024 → 2025
Net result
€67k▼ 18.7%
2024 · €82k
2024: €82k
2024 → 2025
Total assets
€180k▲ 49.5%
2024 · €121k
2024: €121k
2024 → 2025
Solvency
84.0%▲ 13.6pp
2024 · 70.4%
2024: 70.4%
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€85k-€151k▲ 78.4%
Operating result€104k-€83k▼ 20.6%
Net result€82k-€67k▼ 18.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €180k
Fixed assets
€10k▼ 45.3%
Current assets
€170k▲ 66.7%
Equity and liabilities €180k
Equity
€151k▲ 78.4%
Debt
€29k▼ 19.3%
The debt ratio falls from 29.6% to 16.0%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
84.0%▲
2024 · 70.4%
ROE
43.9%▼
2024 · 96.5%
ROA
36.9%▼
2024 · 67.9%
Debt
€29k▼
2024 · €36k
Debt ≤ 1 year
€29k▼
2024 · €36k
Income taxes
€18k▼
2024 · €22k
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€121k€180k▲
Formation expenses20€85€0▼
Fixed assets21/28€18k€10k▼
Tangible fixed assets22/27€18k€10k▼
Furniture and vehicles24€18k€10k▼
Current assets29/58€102k€170k▲
Amounts receivable within one year40/41-€2k
Trade receivables40-€474
Other amounts receivable41-€1k
Current investments50/53€50k€110k▲
Cash at bank and in hand54/58€52k€58k▲
Equity and liabilities
Total equity and liabilities10/49€121k€180k▲
Equity10/15€85k€151k▲
Contributions10/11€3k€3k=
Reserves13€82k€148k▲
Distributable reserves133€82k€148k▲
Amounts payable17/49€36k€29k▼
Amounts payable within one year42/48€36k€29k▼
Trade debts44€1k€756▼
Suppliers440/4€1k€756▼
Taxes, remuneration and social security45€31k€28k▼
Taxes450/3€31k€28k▼
Other amounts payable47/48€3k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€844€916▲
Gross operating margin9900€114k€93k▼
Operating profit (loss)9901€104k€83k▼
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€0€118▲
Recurring financial charges65€0€118▲
Profit (loss) for the period before taxes9903€104k€85k▼
Income taxes67/77€22k€18k▼
Profit (loss) for the period9904€82k€67k▼
Profit (loss) for the period to be appropriated9905€82k€67k▼
Appropriation of the result
Profit (loss) to be appropriated9906€82k€67k▼
Transfer to equity691/2€82k€67k▼
To other reserves6921€82k€67k▼
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
2025
20-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
31-03
Financial
Liquidity doublescurrent ratio 5.91
Current ratio from 2.86 to 5.91; short-term debt falls from €36k to €29k.
31-03
Financial
Equity above €150kEq €151k ▲78.4%
2 profitable years in a row build equity to €151k.
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Oudenaarde · 1 establishment unit since 2023
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.
Nederenamestraat 209700 OudenaardeGround area
1,429 m²
Building footprint
225 m²
Volume, LiDAR
1,544 m³
Parcel 45503A0585/00C002, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
WORK WELL
since 20232.345.183.846
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45503A0585/00C002 | Flanders | 1,428 m² | 1 · 225 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
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JMD INVEST
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INTERSTATE INVEST
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KENSULT
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,754. 13,242 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-05-2023
Fiscal year end31-03
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.