WORKING FORCE
ActiveSummary
WORKING FORCE has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€46,243) and a net result of -€6,052. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 15% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
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Signals
This company filed its last 3 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 1,253 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 96% are still going.
- Small
- 2 to 5 years old
- negative equity
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,253 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €135,845 | €23,568 | €23,568 | = |
| Other operating charges640/8 | €1,057 | €9,244 | €18,578 | ▲ 101% |
| Gross operating margin9900 | €68,234 | €59,027 | €36,276 | ▼ 38.5% |
| Operating profit (loss)9901 | -€68,668 | €26,216 | -€5,870 | ▼ 122% |
| Financial charges65/66B | €69 | €170 | €182 | ▲ 7.1% |
| Recurring financial charges65 | €69 | €170 | €182 | ▲ 7.1% |
| Profit (loss) for the period before taxes9903 | -€68,737 | €26,046 | -€6,052 | ▼ 123% |
| Profit (loss) for the period9904 | -€68,737 | €26,046 | -€6,052 | ▼ 123% |
| Profit (loss) for the period to be appropriated9905 | -€68,737 | €26,046 | -€6,052 | ▼ 123% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €837,674 | €812,720 | €787,835 | ▼ 3.1% |
| Formation expenses20 | €1,284 | €944 | €604 | ▼ 36.0% |
| Fixed assets21/28 | €823,110 | €799,882 | €776,655 | ▼ 2.9% |
| Tangible fixed assets22/27 | €823,110 | €799,882 | €776,655 | ▼ 2.9% |
| Land and buildings22 | €814,680 | €792,302 | €769,924 | ▼ 2.8% |
| Other tangible fixed assets26 | €8,430 | €7,580 | €6,730 | ▼ 11.2% |
| Current assets29/58 | €13,281 | €11,894 | €10,577 | ▼ 11.1% |
| Amounts receivable within one year40/41 | €520 | - | €49 | - |
| Trade receivables40 | - | - | €49 | - |
| Other amounts receivable41 | €520 | - | - | - |
| Cash at bank and in hand54/58 | €12,761 | €11,894 | €10,528 | ▼ 11.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €837,674 | €812,720 | €787,835 | ▼ 3.1% |
| Equity10/15 | -€66,237 | -€40,191 | -€46,243 | ▼ 15.1% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | -€68,737 | -€42,691 | -€48,743 | ▼ 14.2% |
| Amounts payable17/49 | €903,911 | €852,911 | €834,078 | ▼ 2.2% |
| Amounts payable after more than one year17 | €903,911 | €852,911 | €824,911 | ▼ 3.3% |
| Other amounts payable178/9 | €903,911 | €852,911 | €824,911 | ▼ 3.3% |
| Accrued charges and deferred income492/3 | - | - | €9,167 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€68,737 | €26,046 | -€6,052 | ▼ 123% |
| + Depreciation and write-downs630 | €135,845 | €23,568 | €23,568 | = |
| Operating cash flow (approximation) | €67,108 | €49,614 | €17,516 | ▼ 64.7% |
| Investment in fixed assets (approximation) | - | -€340 | -€340 | = |
| Change in cash | - | -€867 | -€1,366 | ▼ 57.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0621/00F000indicative | Wallonia | 1.0 ha | 1 · 1,772 m² | 22.9 m · 6 fl. |
| 25763M0605/00D000 | Wallonia | 4,465 m² | 1 · 1,124 m² | - |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
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Scores and ratios are computed by Checked and are not a credit decision.