Equity
Work work paid out €90,467 in dividends. That is 315% of the 2025 profit.
Work work paid out €90,467 in dividends. That is 315% of the 2025 profit.
The micro format states no turnover.
Green is investment, beige is depreciation.
Short-term debts fell from €13,966 to €13,673.
The 2025 accounts came latest: 5 days after the end of the period.
In July 2024, 26,969 companies had the same profile as Work work has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,969 companies, not a prediction for Work work. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| Work work Mortsel | €43,359 | €38,461 | 68.5% | - |
| GROUP PEREGRINE Antwerp | €42,016 | €30,373 | 47.7% | - |
| NEO Commerce Antwerp | €46,594 | €30,613 | 5.4% | - |
| Lightning Business Inside Consulting Nandrin | €37,110 | €38,932 | -15.9% | - |
| Zig Zwag Sint-Gillis (bij-Brussel) | €50,145 | €33,858 | 23.2% | - |
| DOA CONSULTING Chastre | €52,317 | €41,819 | 12.8% | - |
| RETINENS Liège | €50,871 | €42,458 | 35.0% | - |
These companies have the same main activity as Work work: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €37,100 and €52,300, founded between 2020 and 2022.
Work work files the micro format. That format states no turnover. The gross margin rose from €26,679 in 2022 to €38,461 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €100,000. Estimated: probably between €71,000 and €140,000.
Higher than 64% of 9,119 companies in 2025.
Higher than 57% of 8,757 companies in 2025.
Higher than 95% of 8,885 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
43,359 | 105,433 | 71,859 | 30,753 | |
21/28 |
9,616 | 2,139 | 5,316 | 4,743 | |
22/27 |
9,616 | 2,139 | 5,316 | 4,743 | |
23 |
1,170 | 1,591 | 2,670 | - | |
24 |
8,445 | 548 | 2,646 | 4,743 | |
29/58 |
33,743 | 103,294 | 66,543 | 26,010 | |
40/41 |
14,157 | 2,304 | 4,337 | 1,411 | |
40 |
10,000 | - | 1,567 | 49 | |
41 |
4,157 | 2,304 | 2,770 | 1,363 | |
54/58 |
19,586 | 100,990 | 62,141 | 24,399 | |
490/1 |
- | - | 66 | 200 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
43,359 | 105,433 | 71,859 | 30,753 | |
10/15 |
29,685 | 91,467 | 56,692 | 20,844 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | |
14 |
28,685 | 90,467 | 55,692 | 19,844 | |
17/49 |
13,673 | 13,966 | 15,167 | 9,909 | |
42/48 |
13,673 | 13,966 | 15,167 | 9,909 | |
44 |
1,613 | 874 | 2,687 | 987 | |
440/4 |
1,613 | 874 | 2,687 | 987 | |
45 |
12,061 | 13,091 | 12,480 | 8,450 | |
450/3 |
8,959 | 9,732 | 9,171 | 5,091 | |
454/9 |
3,101 | 3,360 | 3,309 | 3,360 | |
47/48 |
- | - | - | 472 | |
| Income statement | |||||
9900 |
38,461 | 47,303 | 47,842 | 26,679 | |
630 |
1,890 | 3,177 | 2,665 | 1,550 | |
640/8 |
520 | 505 | 109 | 102 | |
9901 |
36,051 | 43,621 | 45,068 | 25,027 | |
75/76B |
69 | 160 | 0 | - | |
75 |
69 | 160 | 0 | - | |
65/66B |
44 | 46 | 49 | 92 | |
65 |
44 | 46 | 49 | 92 | |
9903 |
36,076 | 43,734 | 45,019 | 24,935 | |
67/77 |
7,391 | 8,959 | 9,171 | 5,091 | |
9904 |
28,685 | 34,775 | 35,848 | 19,844 | |
9905 |
28,685 | 34,775 | 35,848 | 19,844 | |
| Appropriation of the result | |||||
9906 |
119,152 | 90,467 | 55,692 | 19,844 | |
14P |
90,467 | 55,692 | 19,844 | - | |
694/7 |
90,467 | - | - | - | |
694 |
90,467 | - | - | - | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 05-08-2026.
2025 annual accounts filed 5 days after the deadline. Filed on 5 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00381994.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 37,941 | 46,798 | 47,733 | 26,577 | ||
| 30,575 | 37,952 | 38,513 | 21,395 | ||
| 9,367 | 0 | 3,238 | 6,293 | ||
| -81,404 | 38,850 | 37,741 | - | ||
| 20,070 | 89,328 | 51,376 | 16,101 | ||
| 68.5% | 86.8% | 78.9% | 67.8% | ||
| 2.47 | 7.40 | 4.39 | 2.62 | ||
| 0.46 | 0.15 | 0.27 | 0.48 | ||
| 96.6% | 38.0% | 63.2% | 95.2% | ||
| 66.2% | 33.0% | 49.9% | 64.5% | ||
| over 100 | over 100 | over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €9,367 | - | €3,238 | €6,293 |
| €1,890 | €3,177 | €2,665 | €1,550 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 17% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 13.2% to 31.5%. Equity and debt are lower.
Work work has no parent and no holdings in its annual accounts. is the only director. Work work shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Voorspoedlei 35 registered office 2640 Mortsel | ||
| Hortensiastraat 2 2020 Antwerp | 26-07-2021 | 2.320.000.963 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11809I2290/00B003 | 294 m² | 1 · 151 m² | 13.5 m · 4 |
| 11513C0005/00G016 | 165 m² | 1 · 78 m² | 10.6 m · 3 |
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