Equity
-€603,071
Debts exceed assets in financial year 2025.
WorkForce Projects
Lifetime
7 annual accounts with figures on one time axispeak €68,308 (2020)
-€375,578▼ €436,722
lowest -€716,343 (2025)
-€716,343▼ €711,161
peak €147,502 (2022)
-€603,071▼ €716,343
€1.6m▲ 22.7%
peak 1.1 FTE (2024)
1 FTE▼ 9.1%
Board2 names since 2018
2 directorsBEERTS Alexander Aragorn and 1 other
Documentsfilings and deeds
18-09-202649 days late
2025abbreviated format
Gross margin from €61,144 to -€375,578Loss of €716,343Staff from 1.1 FTE to 1 FTERegistered office moved within Antwerp 09-04Equity from €113,272 to -€603,071Debts from €1.3m to €1.6m
Key points
from the 2025 annual accountsLosses
-€750,574 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€1.6m 158% of the balance sheet
Financial debts 22%Suppliers 74%Taxes and wages 4%
Of this, €1.3m falls due within a year.
Investments
€31,100 6.1 × depreciation
Green is investment, beige is depreciation.
At the same address
138 companies
Position in the sector
-€716,343
Lower net result than 95% of companies in computer programming and consultancy. Sector median €22,956 · 3,406 companies.
2025 accounts filed 49 days after the deadlineTurnover not published (abbreviated or micro format)
Checked score
28
Weak
Financially stronger than 3% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
10.6% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.1%
01-2025: 2.1%● unchanged vs 12-2024
02-2025: 2.1%● unchanged vs 01-2025lowest value
03-2025: 2.1%● unchanged vs 02-2025
04-2025: 2.1%● unchanged vs 03-2025
05-2025: 5.3%▲ +3.2 percentage points vs 04-2025
06-2025: 5.3%● unchanged vs 05-2025
07-2025: 5.3%● unchanged vs 06-2025
08-2025: 6.8%▲ +1.5 percentage points vs 07-2025
09-2025: 8.4%▲ +1.6 percentage points vs 08-2025
10-2025: 5.9%▼ -2.5 percentage points vs 09-2025
11-2025: 5.9%● unchanged vs 10-2025
12-2025: 5.9%● unchanged vs 11-2025
01-2026: 5.9%● unchanged vs 12-2025
02-2026: 5.9%● unchanged vs 01-2026
03-2026: 5.9%● unchanged vs 02-2026
04-2026: 5.8%▼ -0.1 percentage points vs 03-2026
05-2026: 5.8%● unchanged vs 04-2026
06-2026: 5.7%▼ -0.1 percentage points vs 05-2026
07-2026: 5.7%● unchanged vs 06-2026
08-2026: 7.1%▲ +1.4 percentage points vs 07-2026
09-2026: 8.7%▲ +1.6 percentage points vs 08-2026
10-2026: 10.6%▲ +1.9 percentage points vs 09-2026highest value
11-2026: 10.6%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
2 changes of registered office in 24 months
Loss of €716,343, the second in a row (financial year 2025)
Negative equity -€603,071
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
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 62, micro). It does better than 3% of them on solvency, 2% on liquidity, 5% on profitability and 0% 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 high class on 30-06-2025, 14.6% 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 WorkForce Projects 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.
The bankruptcy probability of WorkForce Projects itself is higher: 10.6% within 12 months. It rests on far more data about WorkForce Projects 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 6,008 companies, not a prediction for WorkForce Projects. 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
Liquidity is insufficient, with a current ratio of 0.74 (0.69 in 2024), below 1. Short-term debt is 123.3% and cash 2% of total assets. Equity is negative.
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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
19202122232425
2019 to 2025 · latest year -€603,071
raises risk · 2025 accounts filed 49 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 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 · 7 filingsDeviation from the deadline
2025
49 days late
2024
56 days late
2023
83 days late
2022
64 days late
2021
61 days late
2020
4 days late
2019
42 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 39 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 30 September (5 of the last 5 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
Board and ownership
- BEERTS Alexander, Aragorn 999 sharesdeed of 13-11-2018
- BOUWWERKEN BEERTS 1 sharedeed of 13-11-2018
Shares in 1 company, Workforce
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0712996025
Resignation: Erwin Laureys (director)
General meeting of 25-05-2026 · Gazette deed
Registered office moved from Antwerp to Strombeek-Bever
New registered office: Temselaan 100 A, 1853 Strombeek-Bever · Previous registered office: Fruithoflaan 95A bus 1, 2600 Antwerpen · Board meeting of 17-11-2025 · Gazette deed
Registered office moved within Antwerp
New registered office: Fruithoflaan 95A bus 001, 2600 Antwerpen · Previous registered office: Frans Buyensstraat 9 bus 1, 2000 Antwerpen · Board meeting of 30-01-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WorkForce Projects Grimbergen | €1.0m | -€375,578 | -57.7% | 1 |
| DGENIOUS Brussels | €1.1m | -€64,166 | 77.1% | 2 |
| Aviatize Ghent | €1.3m | -€189,845 | -18.5% | 1.1 |
| Ampstek Belgium Etterbeek | €1.2m | -€615,278 | -79.7% | 1 |
| iTraceiT Ottignies-Louvain-la-Neuve | €0.9m | -€263,841 | 9.8% | 2 |
| FYPE Merelbeke | €0.7m | -€340,512 | -114.4% | 1.2 |
| SEALUTION Sint-Martens-Latem | €0.7m | -€3,934 | -134.4% | 1.5 |
These companies have the same main activity as WorkForce Projects: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €652,000 and €1.3m, founded between 2015 and 2021.
Official details
Source: KBO- Status
- Active since 09-11-2018Normal situation
- Registered office
- 139 active companies are registered at this address9 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Joint committee
- 111Metal, mechanical and electrical engineering · annual accounts 2025
- Establishment unit
- 2.281.494.4381853 Grimbergen, since 09-11-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Insights on WorkForce Projects
WorkForce Projects files the abbreviated format. That format states no turnover. The gross margin fell from €29,441 in 2019 to -€375,578 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 WorkForce Projects
- What is the company number of WorkForce Projects?
- The company number of WorkForce Projects is 0712.996.025. The VAT number is the same number with BE in front: BE 0712.996.025.
- Where is WorkForce Projects based?
- The registered office is at Temselaan 100, 1853 Grimbergen.Company details
- What does WorkForce Projects do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of WorkForce Projects?
- WorkForce Projects is a private limited company (BV).
- When was WorkForce Projects founded?
- WorkForce Projects was founded on 09-11-2018.
- Is WorkForce Projects still active?
- Yes, WorkForce Projects is an active enterprise in the KBO register.
- How many employees does WorkForce Projects have?
- WorkForce Projects had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does WorkForce Projects fall under?
- In its 2025 annual accounts, WorkForce Projects states joint committee 111 (Metal, mechanical and electrical engineering).
- What is the turnover of WorkForce Projects?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
- Is WorkForce Projects profitable?
- In financial year 2025, WorkForce Projects made a loss of €716,343.
- Where can I find the annual accounts of WorkForce Projects?
- WorkForce Projects filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WorkForce Projects due?
- WorkForce Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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