Working Class Heroes
ActiveWorking Class Heroes has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €231k and a net result of €111k. Equity is growing by ~62.8% per year across the filed fiscal years. Its solvency ranks better than 37% of 2280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency58▲+29
Growth78=
Stability94
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.6 against 0.41 in 2024), and 55.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.4%
Return on assets
21.3%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
11 d early
2024
2 d early
2023
40 d early
2022
52 d early
2021
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
10-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€231k▲ 47.3%
2024 · €157k
2021: €34k
2022: €58k
2023: €124k
2024: €157k
2021 → 2025
Total assets
€522k▼ 12.0%
2024 · €593k
2021: €574k
2022: €680k
2023: €696k
2024: €593k
2021 → 2025
Net result
€111k▼ 9.0%
2024 · €122k
2021: €4k
2022: €24k
2023: €65k
2024: €122k
2021 → 2025
Working capital
€-70k▲ 42.5%
2024 · €-121k
2021: €-63k
2022: €-119k
2023: €-102k
2024: €-121k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€58k▲ 71.4%€124k▲ 112%€157k▲ 27.2%€231k▲ 47.3%
Operating result€19k-€39k▲ 107%€98k▲ 148%€184k▲ 88.0%€163k▼ 11.0%
Net result€4k-€24k▲ 505%€65k▲ 168%€122k▲ 86.8%€111k▼ 9.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €522k
Fixed assets
€415k▼ 18.3%
Current assets
€106k▲ 25.9%
Equity and liabilities €522k
Equity
€231k▲ 47.3%
Debt
€290k▼ 33.3%
The debt ratio falls from 73.5% to 55.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€256k▼
2024 · €276k
Cash flow
€204k▼
2024 · €215k
Solvency
44.4%▲
2024 · 26.5%
Current ratio
0.60▲
2024 · 0.41
Quick ratio
0.60▲
2024 · 0.41
Debt / equity
1.25▼
2024 · 2.77
ROE
47.9%▼
2024 · 77.5%
ROA
21.3%▲
2024 · 20.6%
Interest coverage
52.97▲
2024 · 33.89
Debt
€290k▼
2024 · €435k
Debt ≤ 1 year
€176k▼
2024 · €206k
Debt > 1 year
€112k▼
2024 · €228k
Income taxes
€48k▼
2024 · €54k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€593k€522k▼
Fixed assets21/28€508k€415k▼
Intangible fixed assets21€422k€359k▼
Tangible fixed assets22/27€86k€56k▼
Plant, machinery and equipment23€47k€24k▼
Furniture and vehicles24€6k€4k▼
Other tangible fixed assets26€33k€28k▼
Current assets29/58€84k€106k▲
Amounts receivable within one year40/41€12k€38k▲
Trade receivables40€10k€29k▲
Other amounts receivable41€2k€9k▲
Cash at bank and in hand54/58€60k€57k▼
Deferred charges and accrued income490/1€13k€11k▼
Equity and liabilities
Total equity and liabilities10/49€593k€522k▼
Equity10/15€157k€231k▲
Contributions10/11€30k€30k=
Reserves13€127k€201k▲
Distributable reserves133€127k€201k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€435k€290k▼
Amounts payable after more than one year17€228k€112k▼
Financial debts170/4€228k€112k▼
Amounts payable within one year42/48€206k€176k▼
Current portion of amounts payable after more than one year42€96k€90k▼
Trade debts44€56k€41k▼
Suppliers440/4€56k€41k▼
Taxes, remuneration and social security45€19k€7k▼
Taxes450/3€19k€7k▼
Other amounts payable47/48€35k€37k▲
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€93k€93k=
Other operating charges640/8€1,000€2k▲
Gross operating margin9900€277k€258k▼
Operating profit (loss)9901€184k€163k▼
Financial income75/76B€6€0▼
Recurring financial income75€6€0▼
Financial charges65/66B€8k€5k▼
Recurring financial charges65€8k€5k▼
Profit (loss) for the period before taxes9903€175k€158k▼
Income taxes67/77€54k€48k▼
Profit (loss) for the period9904€122k€111k▼
Profit (loss) for the period to be appropriated9905€122k€111k▼
Appropriation of the result
Profit (loss) to be appropriated9906€175k€111k▼
Profit (loss) brought forward from the previous period14P€53k€0▼
Transfer to equity691/2€87k€74k▼
To other reserves6921€87k€74k▼
Profit to be distributed694/7€88k€37k▼
Return on contributions (dividend)694€88k€37k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €200kEq €231k ▲47.3%
5 profitable years in a row build equity to €231k.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2021net €122k ▲86.8%
Operating result €184k, net result €122k, both a record.
31-12
Financial
Equity above €150kEq €157k ▲27.2%
4 profitable years in a row build equity to €157k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €100kEq €124k ▲112%
3 profitable years in a row build equity to €124k.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Beveren · 1 establishment unit since 2021
Ground area
2,363 m²
Building footprint
1,207 m²
Volume, LiDAR
7,925 m³
Parcel 46502D0659/00S002, Flanders · tallest building 12.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Working Class Heroes
since 20212.317.094.032
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46502D0659/00S002 | Flanders | 2,363 m² | 1 · 1,207 m² | 12.6 m · 2 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.
Similar companies · same sector, comparable size
KINE-EAU-NATURE
BE 0633.624.982
Liège · Eq €231k
Peter De Vilder
BE 0846.876.217
Zedelgem · Eq €233k
KINE JACOBS & CO
BE 0811.894.750
Riemst · Eq €230k
In Motion
BE 0792.463.868
Antwerpen · Eq €233k
Kinepraktijk Wijmen
BE 0824.558.693
Aalst · Eq €229k
Of 12,680 companies in sector 86951 we hold annual accounts for 2,133. 1,534 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-2021
Fiscal year end31-12
Activities, NACEBEL
86905Human health activities
86951Physiotherapy
32500Manufacture of medical and dental instruments and supplies
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
77225Rental and leasing activities
93199Other sports activities
96022Beauty treatment
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 09-09-2026. Scores and ratios are computed by Checked and are not a credit decision.