Work work
ActiveSummary
Work work has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30k and a net result of €29k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 63% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency93▼-7
Growth78=
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.47 against 7.4 in 2024; short-term debt: 31.5% and cash: 45.2% of total assets), and 31.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+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
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
68.5%
Return on assets
66.2%
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 05-08-2026, 5 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 · 4 filingsDeviation from the deadline
2025
5 d late
2024
1 d early
2023
2 d late
2022
19 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€30k▼ 67.5%
2024 · €91k
2022: €21klowest in 4 years
2023: €57k▲ +172% vs 2022
2024: €91k▲ +61.3% vs 2023highest in 4 years
2025: €30k▼ -67.5% vs 2024
2022 → 2025
Total assets
€43k▼ 58.9%
2024 · €105k
2022: €31klowest in 4 years
2023: €72k▲ +134% vs 2022
2024: €105k▲ +46.7% vs 2023highest in 4 years
2025: €43k▼ -58.9% vs 2024
2022 → 2025
Net result
€29k▼ 17.5%
2024 · €35k
2022: €20klowest in 4 years
2023: €36k▲ +80.6% vs 2022highest in 4 years
2024: €35k▼ -3.0% vs 2023
2025: €29k▼ -17.5% vs 2024
2022 → 2025
Working capital
€20k▼ 77.5%
2024 · €89k
2022: €16klowest in 4 years
2023: €51k▲ +219% vs 2022
2024: €89k▲ +73.9% vs 2023highest in 4 years
2025: €20k▼ -77.5% vs 2024
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€21k-€57k▲ 172%€91k▲ 61.3%€30k▼ 67.5%
2022: €21klowest in 4 years
2023: €57k▲ +172% vs 2022
2024: €91k▲ +61.3% vs 2023highest in 4 years
2025: €30k▼ -67.5% vs 2024
Operating result€25k-€45k▲ 80.1%€44k▼ 3.2%€36k▼ 17.4%
2022: €25klowest in 4 years
2023: €45k▲ +80.1% vs 2022highest in 4 years
2024: €44k▼ -3.2% vs 2023
2025: €36k▼ -17.4% vs 2024
Net result€20k-€36k▲ 80.6%€35k▼ 3.0%€29k▼ 17.5%
2022: €20klowest in 4 years
2023: €36k▲ +80.6% vs 2022highest in 4 years
2024: €35k▼ -3.0% vs 2023
2025: €29k▼ -17.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43k
Fixed assets
€10k ▲ 350%
Current assets
€34k ▼ 67.3%
Equity and liabilities €43k
Equity
€30k ▼ 67.5%
Debt
€14k ▼ 2.1%
Debt's share of the balance-sheet total rises from 13.2% to 31.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€38k▼
2024 · €47k
Cash flow
€31k▼
2024 · €38k
Current ratio
2.47▼
2024 · 7.40
Debt to equity
0.46▲
2024 · 0.15
ROE
96.6%▲
2024 · 38.0%
ROA
66.2%▲
2024 · 33.0%
Interest coverage
863.86▼
2024 · 1007.71
Debt ≤ 1 year
€14k▼
2024 · €14k
Income taxes
€7k▼
2024 · €9k
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€105k€43k▼
Fixed assets21/28€2k€10k▲
Tangible fixed assets22/27€2k€10k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€548€8k▲
Current assets29/58€103k€34k▼
Amounts receivable within one year40/41€2k€14k▲
Trade receivables40-€10k
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€101k€20k▼
Equity and liabilities
Total equity and liabilities10/49€105k€43k▼
Equity10/15€91k€30k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€90k€29k▼
Amounts payable17/49€14k€14k▼
Amounts payable within one year42/48€14k€14k▼
Trade debts44€874€2k▲
Suppliers440/4€874€2k▲
Taxes, remuneration and social security45€13k€12k▼
Taxes450/3€10k€9k▼
Remuneration and social security454/9€3k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€505€520▲
Gross operating margin9900€47k€38k▼
Operating profit (loss)9901€44k€36k▼
Financial income75/76B€160€69▼
Recurring financial income75€160€69▼
Financial charges65/66B€46€44▼
Recurring financial charges65€46€44▼
Profit (loss) for the period before taxes9903€44k€36k▼
Income taxes67/77€9k€7k▼
Profit (loss) for the period9904€35k€29k▼
Profit (loss) for the period to be appropriated9905€35k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€90k€119k▲
Profit (loss) brought forward from the previous period14P€56k€90k▲
Profit to be distributed694/7-€90k
Return on contributions (dividend)694-€90k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €3k | €2k | ▼ 40.5% |
| Other operating charges640/8 | €102 | €109 | €505 | €520 | ▲ 2.8% |
| Gross operating margin9900 | €27k | €48k | €47k | €38k | ▼ 18.7% |
| Operating profit (loss)9901 | €25k | €45k | €44k | €36k | ▼ 17.4% |
| Financial income75/76B | - | €0 | €160 | €69 | ▼ 57.0% |
| Recurring financial income75 | - | €0 | €160 | €69 | ▼ 57.0% |
| Financial charges65/66B | €92 | €49 | €46 | €44 | ▼ 5.4% |
| Recurring financial charges65 | €92 | €49 | €46 | €44 | ▼ 5.4% |
| Profit (loss) for the period before taxes9903 | €25k | €45k | €44k | €36k | ▼ 17.5% |
| Income taxes67/77 | €5k | €9k | €9k | €7k | ▼ 17.5% |
| Profit (loss) for the period9904 | €20k | €36k | €35k | €29k | ▼ 17.5% |
| Profit (loss) for the period to be appropriated9905 | €20k | €36k | €35k | €29k | ▼ 17.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €31k | €72k | €105k | €43k | ▼ 58.9% |
| Fixed assets21/28 | €5k | €5k | €2k | €10k | ▲ 350% |
| Tangible fixed assets22/27 | €5k | €5k | €2k | €10k | ▲ 350% |
| Plant, machinery and equipment23 | - | €3k | €2k | €1k | ▼ 26.4% |
| Furniture and vehicles24 | €5k | €3k | €548 | €8k | ▲ 1,442% |
| Current assets29/58 | €26k | €67k | €103k | €34k | ▼ 67.3% |
| Amounts receivable within one year40/41 | €1k | €4k | €2k | €14k | ▲ 515% |
| Trade receivables40 | €49 | €2k | - | €10k | - |
| Other amounts receivable41 | €1k | €3k | €2k | €4k | ▲ 80.4% |
| Cash at bank and in hand54/58 | €24k | €62k | €101k | €20k | ▼ 80.6% |
| Deferred charges and accrued income490/1 | €200 | €66 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €31k | €72k | €105k | €43k | ▼ 58.9% |
| Equity10/15 | €21k | €57k | €91k | €30k | ▼ 67.5% |
| Contributions10/11 | €1k | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €20k | €56k | €90k | €29k | ▼ 68.3% |
| Amounts payable17/49 | €10k | €15k | €14k | €14k | ▼ 2.1% |
| Amounts payable within one year42/48 | €10k | €15k | €14k | €14k | ▼ 2.1% |
| Trade debts44 | €987 | €3k | €874 | €2k | ▲ 84.4% |
| Suppliers440/4 | €987 | €3k | €874 | €2k | ▲ 84.4% |
| Taxes, remuneration and social security45 | €8k | €12k | €13k | €12k | ▼ 7.9% |
| Taxes450/3 | €5k | €9k | €10k | €9k | ▼ 7.9% |
| Remuneration and social security454/9 | €3k | €3k | €3k | €3k | ▼ 7.7% |
| Other amounts payable47/48 | €472 | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €36k | €35k | €29k | ▼ 17.5% |
| + Depreciation and write-downs630 | €2k | €3k | €3k | €2k | ▼ 40.5% |
| Operating cash flow (approximation) | €21k | €39k | €38k | €31k | ▼ 19.4% |
| Investment in fixed assets (approximation) | - | €-3k | €0 | €-9k | - |
| Change in cash | - | €38k | €39k | €-81k | ▼ 310% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
31-12
Financial
Highest result since 2022net €36k ▲80.6%
Operating result €45k, net result €36k, both a record.
12-07
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.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Mortsel · 1 establishment unit since 2021
Ground area
459 m²
Building footprint
229 m²
Volume, LiDAR
2,320 m³
2 parcels, Flanders · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Work work
since 20212.320.000.963
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2290/00B003 | Flanders | 294 m² | 1 · 151 m² | 13.5 m · 4 fl. |
| 11513C0005/00G016 | Flanders | 165 m² | 1 · 78 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 9,862 companies in sector 73110 we hold annual accounts for 3,753. 2,819 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
Founded26-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
Scores and ratios are computed by Checked and are not a credit decision.