Turnover
≈ €100,000 estimated
The accounts state no turnover.
WORK ZONE
Overview
Lifetime
2 annual accounts with figures on one time axispeak €47,556 (2024)
€27,898▼ 41.3%
peak €23,364 (2024)
€8,579▼ 63.3%
peak €52,365 (2025)
€52,365▲ 98.6%
€83,831▲ 47.0%
peak 0 FTE (2025)
0 FTE
Board1 name since 2023
1 directorWManagement
Documentsfilings and deeds
11-08-202611 days late
2025abbreviated format
Gross margin from €47,556 to €27,898Result from €23,364 to €8,579Capital increase of €17,422.49 05-08Equity from €26,364 to €52,365Debts from €57,034 to €83,831Investments €38,006
Key points
from the 2025 annual accountsInvestments
€37,806 3.3 × depreciation
Green is investment, beige is depreciation. Machinery stands 24.4% higher than in 2024.
Starting capital
€3,000 100 shares
2025 accounts filed 11 days after the deadline
Checked score
90
Excellent
Financially stronger than 70% of micro companies in sports and recreation (NACE 93)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 4,268 companies (NACE 93, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 0.6%
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.7%▲ +0.1 percentage points vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.8%▲ +0.1 percentage points vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 0.9%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.3%▼ -0.6 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.3 percentage points vs 07-2026
09-2026: 0.2%▼ -0.4 percentage points vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Size: total assets €136,196
lowers risk
Sector: Sports, amusement and recreation activities (NACE 93)
Liquidity: current ratio 1.23, cash €34,176
Calculation
The band follows from the bankruptcy probability. 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 93, micro). It does better than 58% of them on solvency, 69% on liquidity, 63% on profitability and 91% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as WORK ZONE has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of WORK ZONE itself is lower: 0.2% within 12 months. It rests on far more data about WORK ZONE than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for WORK ZONE. 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.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.23 (0.87 in 2024), below the usual 1.5. Short-term debt is 37.4% and cash 25.1% of total assets. 61.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 · 2 filingsDeviation from the deadline
2025
11 days late
2024
25 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 18 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003754119
Capital increase of €17,422.49
87 new shares · 87 shares · Permanent representative: WILEN Maxime Laurent · General meeting of 31-07-2025 · Gazette deed
Incorporation
Founding capital of €3,000, 100 shares · Founders: WManagement (comparant/fondateur) and Lil’s Management (comparant/fondateur) · Appointment: WManagement (director) · published on 27-12-2023 · Gazette deed
First establishment
Avenue des Martyrs 172, Fléron
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WORK ZONE Fléron | €136,196 | €27,898 | 38.4% | 0 |
| A.F. Staden Staden | €220,386 | €72,965 | -69.6% | 0 |
| Circle-Fit België Exploitaties Kalmthout | €164,704 | €37,416 | -18.4% | - |
| JEF STABLES Zulte | €188,806 | €30,203 | 0.5% | - |
| Boost by Borlee Wavre | €126,825 | €24,454 | 31.6% | - |
| CROSSFIT BRAINE Braine-l'Alleud | €108,734 | €33,597 | 68.8% | - |
| DBT Partners Gembloux | €128,791 | €28,034 | -150.1% | - |
These companies have the same main activity as WORK ZONE: operation of sports facilities (NACE 93110). They are comparable in size and age: total assets between €109,000 and €220,000, founded between 2020 and 2024.
Official details
Source: KBO- Status
- Active since 21-12-2023Normal situation
- Activity
- Operation of sports facilitiesNACE 93110and 1 other
- Establishment unit
- 2.354.380.4364620 Fléron, since 21-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2025
Annual accounts 2025
- €27,898▼ 41.3%
- €8,579▼ 63.3%
- €52,365▲ 98.6%
- €136,196▲ 63.3%
- Filing
- Filed on 11-08-2026
Insights on WORK ZONE
The balance sheet grew most in 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 11-08-2026, 11 days late€27,898
▼ 41.3%
€12,048
▼ 62.2%
€8,579
▼ 63.3%
€11,865
▲ €17,502
38.4%
▲ 6.8 percentage points
1.23
▲ 0.37
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €100,000. Estimated: probably between €54,000 and €190,000.
Balance sheet
balance sheet total €136,196 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
38.4%
Higher than 57% of 1,115 companies in 2025.
1.23
Higher than 53% of 1,093 companies in 2025.
6.3%
Higher than 67% of 1,104 companies in 2025.
WORK ZONE
Middle half of the sector
80% of the sector
Abbreviated accounts in sports and recreation (NACE 93)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half · Staff: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
136,196 | 83,398 | |
21/28 |
73,395 | 46,881 | |
21 |
5,232 | 5,889 | |
22/27 |
67,963 | 40,992 | |
23 |
49,931 | 40,150 | |
24 |
708 | 842 | |
26 |
15,878 | - | |
27 |
1,446 | - | |
28 |
200 | - | |
29/58 |
62,801 | 36,517 | |
3 |
3,128 | 2,985 | |
30/36 |
3,128 | 2,985 | |
40/41 |
23,239 | 11,733 | |
40 |
4,710 | 1,818 | |
41 |
18,530 | 9,916 | |
54/58 |
34,176 | 18,566 | |
490/1 |
2,258 | 3,233 | |
| Balance sheet: equity and liabilities | |||
10/49 |
136,196 | 83,398 | |
10/15 |
52,365 | 26,364 | |
10/11 |
20,422 | 3,000 | |
14 |
31,943 | 23,364 | |
17/49 |
83,831 | 57,034 | |
17 |
23,507 | - | |
170/4 |
23,507 | - | |
42/48 |
50,936 | 42,154 | |
42 |
5,583 | - | |
44 |
17,631 | 14,723 | |
440/4 |
17,631 | 14,723 | |
45 |
9,721 | 7,628 | |
450/3 |
9,721 | 7,628 | |
47/48 |
18,000 | 19,804 | |
492/3 |
9,388 | 14,880 | |
| Income statement | |||
9900 |
27,898 | 47,556 | |
630 |
11,491 | 7,665 | |
640/8 |
4,358 | 7,995 | |
9901 |
12,048 | 31,896 | |
75/76B |
80 | 27 | |
75 |
80 | 27 | |
65/66B |
1,456 | 932 | |
65 |
1,456 | 932 | |
9903 |
10,672 | 30,992 | |
67/77 |
2,093 | 7,628 | |
9904 |
8,579 | 23,364 | |
9905 |
8,579 | 23,364 | |
| Appropriation of the result | |||
9906 |
31,943 | 23,364 | |
14P |
23,364 | - | |
| Social balance sheet | |||
9087 |
0 | - | |
| Document | |||
The notes to these accounts have 18 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 11-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 11 days after the deadline. Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00395805.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 23,539 | 39,561 | ||
| 20,070 | 31,029 | ||
| 38,006 | 54,545 | ||
| 15,610 | - | ||
| 11,865 | -5,637 | ||
| 38.4% | 31.6% | ||
| 1.23 | 0.87 | ||
| 1.17 | 0.80 | ||
| 1.60 | 2.16 | ||
| 16.4% | 88.6% | ||
| 6.3% | 28.0% | ||
| 16.17 | 42.44 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €37,806 | €47,982 |
| Intangible fixed assets | - | €6,564 |
| Financial fixed assets | €200 | - |
| €11,491 | €7,665 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on WORK ZONE
The operating result for 2025 is 62% lower than in 2024.
Debt's share of the balance-sheet total falls from 68.4% to 61.6%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationWManagement CommV
Director, permanent representative WILEN Maxime Laurent
appointed by deed of 27-12-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 11-08-2026
Permanent representatives 1
Mandates through the years
1 name, the dashed line is todayWManagement
Director
Director
Board
Mandates as a list
- WManagement
- Director, appointed by deed of 27-12-2023, still in office
Control
Shareholder
share not stated
This company
WORK ZONE
Equity €52,365
Profit €8,579 in 2025
Capital
- Contribution
- €20,422.49
- Shares
- 187 in the deed of 27-12-2023 and 1 later capital increase
- Contribution per share
- €109
- Equity per share
- €280 in 2025
- Source
- deed of 27-12-2023 and 1 later capital increase
Articles of association
deed of 27-12-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
2 ownersOwners 2
-
share not stated
-
share not stated
Capital transactions
Shareholders according to the deeds
After 2 capital increases
deed of 05-08-2025 ↗
- CAPRON Maxime 87 shares · “dépôt préalable sur compte spécial au nom de la société”
Stated in the deed
deed of 05-08-2025 ↗
- WManagement (BE 1002.511.529)
- Lil’s Management (BE 1002.511.331)
At incorporation
deed of 27-12-2023 ↗
- WManagement (BE 1002.511.529) 51 shares (51%) · €1,530
- Lil’s Management (BE 1002.511.331) 49 shares (49%) · €1,470
Capital over time
- 05-08-2025 Capital increase of €17,422.49 · 87 new shares
- 27-12-2023 Incorporation · €3,000 · 100 shares
Network & group
No group
WORK ZONE has no parent and no holdings in its annual accounts. WManagement is the only director.
At the same address
Avenue des Martyrs 172, 4620 Fléron · 3 other companies| DECO FLERON
registered office since 11-06-2021 · founded in 2021 · accounts filed late |
total assets €139,014 (2024) 0769.621.457 |
| Lil's Management
registered office since 21-11-2023 |
founded in 2023 1002.511.331 |
| WManagement
registered office since 21-11-2023 |
founded in 2023 1002.511.529 |
Connections & network
1 current directorThe network lets you explore the ties of WORK ZONE.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
6 events since 2023Capital
Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 11 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1003754119
Annual accounts 2024 filed PDFmicro format · 25 days late
Capital increase of €17,422.4987 new shares · 87 shares · Permanent representative: WILEN Maxime Laurent · General meeting of 31-07-20256 points ▸
- General meeting, 31-07-2025
- WManagement is a shareholder, mentioned twice in the deed
- Lil’s Management is a shareholder, mentioned twice in the deed
- Board composition, WManagement (director)
- Permanent representative, WILEN Maxime Laurent
- Capital increase, €17,422.49
- The deed holds 20 more points.
2023
IncorporationFounding capital of €3,000, 100 shares · Founders: WManagement (comparant/fondateur) and Lil’s Management (comparant/fondateur) · Appointment: WManagement (director) · published on 27-12-20239 points ▸
- Founder, WManagement (comparant/fondateur)
- Founder, Lil’s Management (comparant/fondateur)
- Founding capital, €3,000, 100 shares
- 100 shares
- Registered office clause, Avenue des Martyrs 172, 4620 Fléron
- Board rule, 1
- Director appointment, WManagement
- Permanent representative, WILEN Maxime Laurent
- Power of attorney, WManagement
- The deed holds 11 more points.
First establishment Avenue des Martyrs 172, Fléron
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
WORK ZONE was incorporated on 21 December 2023 as a private limited company by WManagement and Lil’s Management, with a starting capital of €3,000.12 In 2025 the capital was increased by €17,422.3 WManagement is director of the company, appointed by deed of 27-12-2023.2
Company details
Identity
- Enterprise number
- 1003.754.119
- VAT number
- BE 1003.754.119
- Peppol ID
- 0208:1003754119
- Other Peppol ID
- 9925:BE1003754119
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 21-12-2023
- Financial year
- ends on 31 December
- Peppol
- Reachable since 12-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- WORK ZONE in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 27-12-2023 (in French)
Activities
NACEBEL 202593110
Operation of sports facilities main activity
Codes under NACEBEL 2008
93110
Operation of sports facilities main activity
56102
Limited-service restaurants
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’exploitation et la gestion,au sens le plus large,de tous salles de sport,fitness clubs,CrossFit clubs,wellness,bodybuilding,centres…”deed of 27-12-2023 (in French)
12 activities
- L’exploitation et la gestion,au sens le plus large,de tous salles de sport,fitness clubs,CrossFit clubs,wellness,bodybuilding,centres sportifs ou récréatifs en incluant toutes prestations de service,de conseils,d’enseignement et de coaching s'y rattachant
- Les services de personal fitness training au sens le plus large
- Le coaching sportif et la pratique de la psychomotricité
- L’achat,la vente en gros et au détail,la fabrication,l’importation et l’exportation de tous vêtements,produits textiles,accessoires,livres,documentation sur tous supports et matériels touchant sport,divertissement ou remise en forme ainsi que produits diététiques,nutritionnels et vitaminés
- L'organisation et la gestion d’événements sportifs et récréatifs
- L'organisation de tous types d'activités d'éducation physique et de sports
- L’organisation de séminaires,de stages et de cours,tant particuliers que collectifs
- L’achat,la vente en gros et au détail,la fabrication,l’importation,l’exportation,la location ou la maintenance de tous appareils,machines,instruments,produits ou matériels relatifs à une activité sportive ou récréative
- La création,le développement et la distribution de logiciels et applications destinés au coaching et plus particulièrement au coaching alimentaire et sportif
- La formation,le coaching sous toutes ses formes et l’accompagnement de personnes,d’entreprises,d’associations et d’organisations
- L'exercice d'une activité Horeca complémentaire à la gestion d'une salle de sport(traiteur,petite restauration,vente de snacks et boissons)
- La location,l’acquisition,la mise en location et à disposition et la transformation de biens immobiliers
Registered office and establishments
1 establishment| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Avenue des Martyrs 172 registered office 4620 Fléron | 21-12-2023 | 2.354.380.436 | Restaurant Bar |
Buildings and parcels at the address
- Ground area
- 1,023 m²
- Buildings
- 385 m²
- Volume, LiDAR
- 2,153 m³
- Tallest building
- 13.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62038B0037/00H002 | 1,023 m² | 1 · 385 m² | 13.1 m · 2 |
Recognitions
Food safety, FASFC
1 siteFléronunit number 2.354.380.436