WORKFLOW GROUP
ActiveThe computed 12-month bankruptcy probability of WORKFLOW GROUP is 2.7% (moderate). The 2024 annual accounts show negative equity (€-3k) and a net result of €-27k. Equity is shrinking by ~58.6% per year across the filed fiscal years. Its solvency ranks better than 14% of 1235 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
24
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-78
Solvency12▼-45
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89 against 0.84 in 2023; short-term debt: 112.8% and cash: 13.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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
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 2024Solvency, return and age of the figures
Solvency
-12.8%
Return on assets
-108.6%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year €-3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
58 d late
2022
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-3k
2023 · €24k
2022: €19k
2023: €24k
2022 → 2024
Total assets
€25k▼ 66.3%
2023 · €74k
2022: €49k
2023: €74k
2022 → 2024
Net result
€-27k
2023 · €5k
2022: €9k
2023: €5k
2022 → 2024
Working capital
€-3k▲ 53.4%
2023 · €-7k
2022: €-6k
2023: €-7k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€19k-€24k▲ 28.9%€-3k
Operating result€11k-€11k▲ 0.2%€-26k
Net result€9k-€5k▼ 37.5%€-27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €26k after €11k in 2023, the lowest result in the available series.
Key figures and ratios
EBITDA
€-26k▼
2023 · €32k
Cash flow
€-27k▼
2023 · €26k
Solvency
-12.8%▼
2023 · 32.3%
Current ratio
0.89▲
2023 · 0.84
Quick ratio
0.89▲
2023 · 0.84
Debt / equity
-8.80▼
2023 · 2.09
ROA
-108.6%▼
2023 · 7.2%
Interest coverage
-14.70▼
2023 · 21.97
Debt
€28k▼
2023 · €50k
Debt ≤ 1 year
€28k▼
2023 · €43k
Debt > 1 year
€0▼
2023 · €8k
Income taxes
€-608▼
2023 · €6k
Staff costs
€0▼
2023 · €865
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€74k€25k▼
Fixed assets21/28€38k€0▼
Tangible fixed assets22/27€38k€0▼
Furniture and vehicles24€4k€0▼
Other tangible fixed assets26€34k€0▼
Current assets29/58€36k€25k▼
Amounts receivable within one year40/41€4k€22k▲
Trade receivables40€4k€0▼
Other amounts receivable41-€22k
Cash at bank and in hand54/58€31k€3k▼
Equity and liabilities
Total equity and liabilities10/49€74k€25k▼
Equity10/15€24k€-3k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€14k€-13k▼
Amounts payable17/49€50k€28k▼
Amounts payable after more than one year17€8k€0▼
Financial debts170/4€8k€0▼
Amounts payable within one year42/48€43k€28k▼
Current portion of amounts payable after more than one year42€4k€0▼
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€14k€3k▼
Taxes450/3€14k€3k▼
Other amounts payable47/48€21k€24k▲
Income statement
Code20232024
Remuneration, social security and pensions62€865€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€0▼
Other operating charges640/8€937€180▼
Non-recurring operating charges66A-€27k
Gross operating margin9900€33k€1k▼
Operating profit (loss)9901€11k€-26k▼
Financial income75/76B€2k€16▼
Recurring financial income75€2k€16▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€11k€-28k▼
Income taxes67/77€6k€-608▼
Profit (loss) for the period9904€5k€-27k▼
Profit (loss) for the period to be appropriated9905€5k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€-13k▼
Profit (loss) brought forward from the previous period14P€9k€14k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Weakest financial yearnet €-27k ▼606%
Net result drops to €-27k, the lowest in the series.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Binche · 1 establishment unit since 2021
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.
Rue Albert 1er(LEV) 46/87134 BincheGround area
1.4 ha
Building footprint
987 m²
Volume, LiDAR
4,484 m³
Parcel 56043A0250/00D003, Wallonia · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
WorkFlow
since 20212.318.589.911
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56043A0250/00D003 | Wallonia | 1.4 ha | 1 · 987 m² | 9.5 m · 1 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.
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DE BOSSCHER
BE 0416.781.185
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Arcopress
BE 0417.941.623
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Of 1,600 companies in sector 18120 we hold annual accounts for 808. 474 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-06-2021
Fiscal year end31-12
Activities, NACEBEL
18120Other printing
47120Other non-specialised retail sale
47910Retail trade
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
73110Advertising agencies
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesWebsite:www.lapommerouge.agency
E-mail:hello@lapommerouge.agency
E-mail:workflowgroup.info@gmail.com
Phone:+32498657749