WORKSTATION
ActiveSummary
WORKSTATION has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €61,580 and a net result of -€23,644. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 65% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-93
Solvency99▼-1
Growth35=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 12.81 against 10.92 in 2023; short-term debt: 7.4% and cash: 2.1% of total assets), and 25.5% of the assets are financed with debt.
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Signals
Five 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
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
74.5%
Return on assets
-28.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
54 d late
2023
83 d late
2022
78 d late
2021
19 d early
2020
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€8,586▼ 89.2%
2021 · €79,207
EBIT margin
-320.4%▼ 286.4pp
2021 · -34.0%
Net result
-€23,644
2023 · €17,771
Working capital
€72,130▼ 10.9%
2023 · €80,998
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€116,620-€79,207▼ 32.1%€8,586
Operating result€65,711--€26,938€43,045€25,993▼ 39.6%-€27,513
Net result€37,006--€18,849€39,295€17,771▼ 54.8%-€23,644
EBIT margin56.3%--34.0%▼ 90.4pp-320.4%
Equity€47,006-€28,157▼ 40.1%€67,452▲ 140%€85,224▲ 26.3%€61,580▼ 27.7%
Total assets€80,591-€53,057▼ 34.2%€73,528▲ 38.6%€93,391▲ 27.0%€82,685▼ 11.5%
Debt€33,585-€24,900▼ 25.9%€6,076▼ 75.6%€8,167▲ 34.4%€21,105▲ 158%
Working capital€41,636-€24,172▼ 41.9%€65,332▲ 170%€80,998▲ 24.0%€72,130▼ 10.9%
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 €27,513 after €25,993 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €82,685
Fixed assets
€4,450 ▲ 5.3%
Current assets
€78,235 ▼ 12.3%
Equity and liabilities €82,685
Equity
€61,580 ▼ 27.7%
Debt
€21,105 ▲ 158%
Debt's share of the balance-sheet total rises from 8.7% to 25.5%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
12.81▲
2023 · 10.92
Debt to equity
0.34▲
2023 · 0.10
ROE
-38.4%▼
2023 · 20.9%
ROA
-28.6%▼
2023 · 19.0%
Debt ≤ 1 year
€6,105▼
2023 · €8,167
Debt > 1 year
€15,000
Income taxes
€290▼
2023 · €6,715
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €116,620 | €79,207 | - | - | €8,586 | - |
| Non-recurring operating income76A | - | €6,585 | - | - | €225 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €94,963 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €225 | €1,985 | €1,865 | €1,744 | - | - |
| Other operating charges640/8 | - | €15,782 | €10,688 | €35 | €2,364 | ▲ 6,654% |
| Non-recurring operating charges66A | - | - | - | - | €2,361 | - |
| Gross operating margin9900 | €65,936 | -€9,171 | €55,598 | €27,772 | -€22,788 | ▼ 182% |
| Operating profit (loss)9901 | €65,711 | -€26,938 | €43,045 | €25,993 | -€27,513 | ▼ 206% |
| Financial income75/76B | - | - | - | - | €5,262 | - |
| Recurring financial income75 | - | - | - | - | €5,262 | - |
| Financial charges65/66B | - | €1,384 | €1,894 | €1,507 | €1,103 | ▼ 26.8% |
| Recurring financial charges65 | €14,730 | €1,384 | €1,894 | €1,507 | €1,103 | ▼ 26.8% |
| Profit (loss) for the period before taxes9903 | €50,981 | -€28,322 | €41,151 | €24,486 | -€23,354 | ▼ 195% |
| Income taxes67/77 | €13,975 | -€9,473 | €1,856 | €6,715 | €290 | ▼ 95.7% |
| Profit (loss) for the period9904 | €37,006 | -€18,849 | €39,295 | €17,771 | -€23,644 | ▼ 233% |
| Profit (loss) for the period to be appropriated9905 | €37,006 | -€18,849 | €39,295 | €17,771 | -€23,644 | ▼ 233% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €80,591 | €53,057 | €73,528 | €93,391 | €82,685 | ▼ 11.5% |
| Fixed assets21/28 | €5,370 | €3,985 | €2,120 | €4,226 | €4,450 | ▲ 5.3% |
| Tangible fixed assets22/27 | €5,370 | €3,385 | €1,520 | €3,626 | €3,850 | ▲ 6.2% |
| Furniture and vehicles24 | - | €3,385 | €1,520 | €3,626 | €3,850 | ▲ 6.2% |
| Financial fixed assets28 | - | €600 | €600 | €600 | €600 | = |
| Current assets29/58 | €75,221 | €49,072 | €71,408 | €89,165 | €78,235 | ▼ 12.3% |
| Amounts receivable within one year40/41 | €50,790 | €45,926 | €58,032 | €86,112 | €75,789 | ▼ 12.0% |
| Trade receivables40 | - | €36,453 | €37,977 | €69,135 | €54,230 | ▼ 21.6% |
| Other amounts receivable41 | - | €9,473 | €20,055 | €16,977 | €21,559 | ▲ 27.0% |
| Cash at bank and in hand54/58 | €24,116 | €3,014 | €13,225 | €2,902 | €1,701 | ▼ 41.4% |
| Deferred charges and accrued income490/1 | - | €132 | €151 | €151 | €745 | ▲ 393% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €80,591 | €53,057 | €73,528 | €93,391 | €82,685 | ▼ 11.5% |
| Equity10/15 | €47,006 | €28,157 | €67,452 | €85,224 | €61,580 | ▼ 27.7% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €37,006 | €37,006 | €37,006 | €37,006 | €37,006 | = |
| Distributable reserves133 | - | €37,006 | €37,006 | €37,006 | €37,006 | = |
| Profit (loss) carried forward14 | - | -€18,849 | €20,446 | €38,218 | €14,574 | ▼ 61.9% |
| Amounts payable17/49 | €33,585 | €24,900 | €6,076 | €8,167 | €21,105 | ▲ 158% |
| Amounts payable after more than one year17 | - | - | - | - | €15,000 | - |
| Financial debts170/4 | - | - | - | - | €15,000 | - |
| Amounts payable within one year42/48 | €33,585 | €24,900 | €6,076 | €8,167 | €6,105 | ▼ 25.2% |
| Trade debts44 | €5,632 | €3,112 | €182 | €127 | €2,473 | ▲ 1,847% |
| Suppliers440/4 | - | €3,112 | €182 | €0 | €2,346 | - |
| Bills of exchange payable441 | - | - | - | €127 | €127 | = |
| Taxes, remuneration and social security45 | - | €16,608 | €5,894 | €8,040 | €3,632 | ▼ 54.8% |
| Taxes450/3 | - | €16,608 | €5,894 | €8,040 | €3,632 | ▼ 54.8% |
| Other amounts payable47/48 | - | €5,180 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,006 | -€18,849 | €39,295 | €17,771 | -€23,644 | ▼ 233% |
| + Depreciation and write-downs630 | €225 | €1,985 | €1,865 | €1,744 | - | - |
| Operating cash flow (approximation) | €37,231 | -€16,864 | €41,160 | €19,515 | -€23,644 | ▼ 221% |
| Investment in fixed assets (approximation) | - | -€600 | €0 | -€3,850 | -€224 | ▲ 94.2% |
| Change in cash | - | -€21,102 | €10,211 | -€10,323 | -€1,201 | ▲ 88.4% |
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
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Weakest financial yearnet -€23,644
Net result drops to -€23,644, the lowest in the series.
22-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 83 days late
2023
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 78 days late
2022
31-12
Financial
Back to profitnet €39,295
Net result €39,295 after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 11.75
Current ratio from 1.97 to 11.75; short-term debt falls from €24,900 to €6,076.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Ukkel · 1 establishment unit since 2020
Ground area
7,291 m²
Building footprint
3,200 m²
Volume, LiDAR
61,684 m³
2 parcels, Brussels · tallest building 32.3 m, ±8 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
WORKSTATION
since 20202.305.185.303
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21911C0131/03L000 | Brussels | 6,848 m² | 1 · 3,050 m² | 32.3 m · 8 fl. |
| 21016B0121/00H014 | Brussels | 443 m² | 1 · 150 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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DYSIS
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TAQUILE
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 15,476 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
82990Other business support services
85592Vocational training
85599Other education
85699Other educational support services
Contact
E-mail
balinder.walia@gmail.com
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.