Equity
-€28,891
Debts exceed assets in financial year 2025.
WORKFLOW GROUP
Lifetime
4 annual accounts with figures on one time axispeak €129,383 (2022)
-€3,921▼ €4,986
lowest -€27,183 (2024)
-€25,682▲ €1,501
peak €23,974 (2023)
-€28,891▼ €25,682
€33,228▲ 17.7%
Board5 names since 2021
4 directorsAnthony ZIAZIAS and 3 others
Documentsfilings and deeds
13-10-202674 days late
2025micro format
Gross margin from €1,066 to -€3,921Loss of €25,682Equity from -€3,209 to -€28,891Debts from €28,231 to €33,228Investments €1,242Cash from €3,386 to €416
Key points
from the 2025 annual accountsLosses
-€52,864 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Investments
€1,242 35.1 × depreciation
Green is investment, beige is depreciation.
Filings
4 annual accounts 74 days
Latest accounts filed late: after the legal deadline.
Starting capital
€10,000 1,000 shares
Position in the sector
-666.0%
Lower solvency than 95% of companies in printing. Sector median 50.0% · 1,124 companies.
Turnover not published (micro format)
Checked score
47
Fair
Financially stronger than 5% of micro companies in printing (NACE 18)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 1,614 companies (NACE 18, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.7%
01-2025: 2.7%● unchanged vs 12-2024
02-2025: 2.7%● unchanged vs 01-2025
03-2025: 2.3%▼ -0.4 percentage points vs 02-2025lowest value
04-2025: 2.7%▲ +0.4 percentage points vs 03-2025
05-2025: 3.0%▲ +0.3 percentage points vs 04-2025
06-2025: 2.9%▼ -0.1 percentage points vs 05-2025
07-2025: 2.9%● unchanged vs 06-2025
08-2025: 4.0%▲ +1.1 percentage points vs 07-2025
09-2025: 3.4%▼ -0.6 percentage points vs 08-2025
10-2025: 3.4%● unchanged vs 09-2025
11-2025: 3.4%● unchanged vs 10-2025
12-2025: 3.4%● unchanged vs 11-2025
01-2026: 3.4%● unchanged vs 12-2025
02-2026: 3.4%● unchanged vs 01-2026
03-2026: 3.4%● unchanged vs 02-2026
04-2026: 3.5%▲ +0.1 percentage points vs 03-2026
05-2026: 3.8%▲ +0.3 percentage points vs 04-2026
06-2026: 3.9%▲ +0.1 percentage points vs 05-2026
07-2026: 3.9%● unchanged vs 06-2026
08-2026: 4.8%▲ +0.9 percentage points vs 07-2026highest value
09-2026: 3.5%▼ -1.3 percentage points vs 08-2026
10-2026: 3.2%▼ -0.3 percentage points vs 09-2026
11-2026: 3.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 74 days late; 2 of the last 3 accounts late
Founded in 2021
Loss of €25,682, the second in a row (financial year 2025)
lowers risk
Size: total assets €4,338
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 18, micro). It does better than 6% of them on solvency, 9% on liquidity, 6% on profitability and 1% on growth.
The bankruptcy probability was computed on 10-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 6,008 companies had the same profile as WORKFLOW GROUP has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of WORKFLOW GROUP itself: 3.2% within 12 months.
Test of the method
The method was tested on the 497,448 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 6,008 companies, not a prediction for WORKFLOW GROUP. 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
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€28,891
raises risk · 2025 accounts filed 74 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-10-2026, 74 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 · 4 filingsDeviation from the deadline
2025
74 days late
2024
22 days late
2023
58 days late
2022
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 46 days after the deadline. In the sector (NACE 18), the median for financial year 2024 was 5 days before the deadline, and 38% 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. The company usually files around 14 September (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0769946705
Registered office moved from Saint-Ghislain to Leval-Trahegnies
New registered office: Rue Albert ler 46/8, 7134 Leval-Trahegnies · Previous registered office: Rue d'ath 12, 7330 Saint Ghislain · Resignation: Vincent GRIMALDI (director) · General meeting of 12-07-2024 · Gazette deed
First establishment
WorkFlow, Rue Albert 1er 46, Binche
Incorporation
Founding capital of €10,000, 1,000 shares · Founder: GRIMALDI Vincent · Appointment: GRIMALDI Vincent (director) · published on 24-06-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WORKFLOW GROUP Binche | €4,338 | -€3,921 | -666.0% | - |
| GDH CONNECTIONS Woluwe-Saint-Lambert | €3,448 | -€6,389 | -706.0% | - |
| GRAFIKI Tubize | €14,233 | €612 | 21.3% | - |
| SKYLINE CAPITAL Hasselt | €2,946 | -€850 | 36.8% | - |
| Parys Stephanie Assenede | €8,813 | €2,952 | 38.2% | - |
| PIXOO-PRINT BELGIUM Binche | €3,841 | €2,642 | -373.1% | - |
| PLAAN2023 Ixelles | €22,320 | -€13,103 | -110.0% | - |
These companies have the same main activity as WORKFLOW GROUP: other printing (NACE 18120). They are comparable in size and age: total assets between €2,950 and €22,300, founded between 2015 and 2024.
Official details
Source: KBO- Status
- Active since 22-06-2021Normal situation
- Registered office
- 28 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Other printingNACE 18120and 4 others
- Establishment unit
- 2.318.589.9117134 Binche, since 01-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 09-02-2026
Insights on WORKFLOW GROUP
WORKFLOW GROUP files the micro format. That format states no turnover. The gross margin fell from €129,383 in 2022 to -€3,921 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WORKFLOW GROUP
- What is the company number of WORKFLOW GROUP?
- The company number of WORKFLOW GROUP is 0769.946.705. The VAT number is the same number with BE in front: BE 0769.946.705.
- Where is WORKFLOW GROUP based?
- The registered office is at Rue Albert 1er 46/8, 7134 Binche.Company details
- What does WORKFLOW GROUP do?
- According to the KBO register, the main activity is other printing (NACE 18120).
- What is the legal form of WORKFLOW GROUP?
- WORKFLOW GROUP is a private limited company (BV).
- When was WORKFLOW GROUP founded?
- WORKFLOW GROUP was founded on 22-06-2021.
- Is WORKFLOW GROUP still active?
- Yes, WORKFLOW GROUP is an active enterprise in the KBO register.
- How many employees does WORKFLOW GROUP have?
- WORKFLOW GROUP had an average of 0.3 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of WORKFLOW GROUP?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is WORKFLOW GROUP profitable?
- In financial year 2025, WORKFLOW GROUP made a loss of €25,682.
- Where can I find the annual accounts of WORKFLOW GROUP?
- WORKFLOW GROUP filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WORKFLOW GROUP due?
- WORKFLOW GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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