WORKWEER KACHRA
ActiveSummary
The computed 12-month bankruptcy probability of WORKWEER KACHRA is 7.3% (elevated). The 2024 annual accounts show equity of €37k and a net result of €4k. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 35% of 26043 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability41▼-12
Solvency40▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
7.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.87 against 1.14 in 2023; short-term debt: 85% and cash: 2.3% of total assets), and 85% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
15%
Return on assets
1.4%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-04-2026, 252 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
252 d late
2023
26 d late
2022
92 d late
2021
66 d late
2020
5 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€84k
EBIT margin
16.1%
Net result
€4k▲ 120%
2023 · €2k
2020: €10k
2021: €11k▲ +1.1% vs 2020highest in 5 years
2022: €8k▼ -22.2% vs 2021
2023: €2k▼ -80.0% vs 2022lowest in 5 years
2024: €4k▲ +120% vs 2023
2020 → 2024
Working capital
€-28k
2023 · €25k
2020: €-13k
2021: €3k▲ +123% vs 2020
2022: €18k▲ +499% vs 2021
2023: €25k▲ +40.6% vs 2022highest in 5 years
2024: €-28k▼ -209% vs 2023lowest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€84k-
Equity€13k-€24k▲ 78.5%€32k▲ 34.2%€34k▲ 5.1%€37k▲ 10.6%
2020: €13klowest in 5 years
2021: €24k▲ +78.5% vs 2020
2022: €32k▲ +34.2% vs 2021
2023: €34k▲ +5.1% vs 2022
2024: €37k▲ +10.6% vs 2023highest in 5 years
Operating result€14k-€16k▲ 18.9%€14k▼ 13.4%€3k▼ 78.0%€4k▲ 34.5%
2020: €14k
2021: €16k▲ +18.9% vs 2020highest in 5 years
2022: €14k▼ -13.4% vs 2021
2023: €3k▼ -78.0% vs 2022lowest in 5 years
2024: €4k▲ +34.5% vs 2023
Net result€10k-€11k▲ 1.1%€8k▼ 22.2%€2k▼ 80.0%€4k▲ 120%
2020: €10k
2021: €11k▲ +1.1% vs 2020highest in 5 years
2022: €8k▼ -22.2% vs 2021
2023: €2k▼ -80.0% vs 2022lowest in 5 years
2024: €4k▲ +120% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 34% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €248k
Fixed assets
€65k ▲ 677%
Current assets
€183k ▼ 10.5%
Equity and liabilities €248k
Equity
€37k ▲ 10.6%
Debt
€211k ▲ 17.5%
Debt's share of the balance-sheet total rises from 84.2% to 85.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14k▲
2023 · €10k
Cash flow
€13k▲
2023 · €8k
Current ratio
0.87▼
2023 · 1.14
Quick ratio
0.71▲
2023 · 0.64
Debt to equity
5.65▲
2023 · 5.32
ROE
9.6%▲
2023 · 4.8%
ROA
1.4%▲
2023 · 0.8%
Debt ≤ 1 year
€211k▲
2023 · €180k
Income taxes
€990▼
2023 · €1k
Staff costs
€27k=
2023 · €27k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€213k€248k▲
Fixed assets21/28€8k€65k▲
Tangible fixed assets22/27€8k€54k▲
Furniture and vehicles24€8k€54k▲
Financial fixed assets28-€11k
Current assets29/58€205k€183k▼
Stocks and contracts in progress3€90k€33k▼
Stocks30/36€90k€33k▼
Amounts receivable within one year40/41€106k€145k▲
Trade receivables40€106k€144k▲
Other amounts receivable41-€566
Cash at bank and in hand54/58€9k€6k▼
Equity and liabilities
Total equity and liabilities10/49€213k€248k▲
Equity10/15€34k€37k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€31k€34k▲
Amounts payable17/49€180k€211k▲
Amounts payable within one year42/48€180k€211k▲
Trade debts44€85k€119k▲
Suppliers440/4€85k€119k▲
Taxes, remuneration and social security45€88k€91k▲
Taxes450/3€25k€13k▼
Remuneration and social security454/9€63k€78k▲
Other amounts payable47/48€7k€1k▼
Income statement
Code20232024
Remuneration, social security and pensions62€27k€27k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€10k▲
Other operating charges640/8€4k€15k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€41k€58k▲
Operating profit (loss)9901€3k€4k▲
Financial income75/76B€2k€453▼
Recurring financial income75€2k€453▼
Financial charges65/66B€3k€0▼
Recurring financial charges65€3k€0▼
Profit (loss) for the period before taxes9903€3k€5k▲
Income taxes67/77€1k€990▼
Profit (loss) for the period9904€2k€4k▲
Profit (loss) for the period to be appropriated9905€2k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€34k▲
Profit (loss) brought forward from the previous period14P€29k€31k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €84k | - | - | - | - | - |
| Non-recurring operating income76A | - | €5k | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €61k | €27k | €27k | = |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | - | €7k | €7k | €10k | ▲ 42.3% |
| Other operating charges640/8 | - | €100 | €1k | €4k | €15k | ▲ 263% |
| Non-recurring operating charges66A | - | - | - | - | €2k | - |
| Gross operating margin9900 | €20k | €16k | €83k | €41k | €58k | ▲ 41.3% |
| Operating profit (loss)9901 | €14k | €16k | €14k | €3k | €4k | ▲ 34.5% |
| Financial income75/76B | - | - | €5 | €2k | €453 | ▼ 80.7% |
| Recurring financial income75 | - | - | €5 | €2k | €453 | ▼ 80.7% |
| Financial charges65/66B | - | €3k | €4k | €3k | €0 | ▼ 100% |
| Recurring financial charges65 | €3k | €3k | €4k | €3k | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €10k | €13k | €10k | €3k | €5k | ▲ 57.9% |
| Income taxes67/77 | - | €2k | €2k | €1k | €990 | ▼ 22.0% |
| Profit (loss) for the period9904 | €10k | €11k | €8k | €2k | €4k | ▲ 120% |
| Profit (loss) for the period to be appropriated9905 | €10k | €11k | €8k | €2k | €4k | ▲ 120% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €54k | €156k | €207k | €213k | €248k | ▲ 16.4% |
| Fixed assets21/28 | €26k | €21k | €14k | €8k | €65k | ▲ 677% |
| Tangible fixed assets22/27 | €26k | €21k | €14k | €8k | €54k | ▲ 541% |
| Furniture and vehicles24 | - | €21k | €14k | €8k | €54k | ▲ 541% |
| Financial fixed assets28 | - | - | - | - | €11k | - |
| Current assets29/58 | €28k | €135k | €193k | €205k | €183k | ▼ 10.5% |
| Stocks and contracts in progress3 | €24k | €77k | €89k | €90k | €33k | ▼ 63.3% |
| Stocks30/36 | - | €77k | €89k | €90k | €33k | ▼ 63.3% |
| Amounts receivable within one year40/41 | - | €58k | €71k | €106k | €145k | ▲ 36.3% |
| Trade receivables40 | - | €58k | €71k | €106k | €144k | ▲ 35.8% |
| Other amounts receivable41 | - | - | - | - | €566 | - |
| Cash at bank and in hand54/58 | €4k | €896 | €33k | €9k | €6k | ▼ 35.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €54k | €156k | €207k | €213k | €248k | ▲ 16.4% |
| Equity10/15 | €13k | €24k | €32k | €34k | €37k | ▲ 10.6% |
| Contributions10/11 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €10k | €21k | €29k | €31k | €34k | ▲ 11.7% |
| Amounts payable17/49 | €41k | €132k | €175k | €180k | €211k | ▲ 17.5% |
| Amounts payable within one year42/48 | €41k | €132k | €175k | €180k | €211k | ▲ 17.5% |
| Trade debts44 | €15k | €52k | €59k | €85k | €119k | ▲ 39.7% |
| Suppliers440/4 | - | €52k | €59k | €85k | €119k | ▲ 39.7% |
| Taxes, remuneration and social security45 | - | €4k | €38k | €88k | €91k | ▲ 4.1% |
| Taxes450/3 | - | €4k | €8k | €25k | €13k | ▼ 47.5% |
| Remuneration and social security454/9 | - | €165 | €30k | €63k | €78k | ▲ 24.4% |
| Other amounts payable47/48 | - | €77k | €78k | €7k | €1k | ▼ 84.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €11k | €8k | €2k | €4k | ▲ 120% |
| + Depreciation and write-downs630 | €7k | - | €7k | €7k | €10k | ▲ 42.3% |
| Operating cash flow (approximation) | €17k | €11k | €15k | €8k | €13k | ▲ 57.2% |
| Investment in fixed assets (approximation) | - | €5k | €0 | €-1k | €-66k | ▼ 5,636% |
| Change in cash | - | €-4k | €32k | €-25k | €-3k | ▲ 87.1% |
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
2026
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 252 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €2k ▼80%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
05-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 66 days late
2021
31-12
Financial
Highest result since 2020net €11k ▲1.1%
Operating result €16k, net result €11k, both a record.
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
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.
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Directors · office · real estate
Directors
1 act for this company is 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, Schaarbeek · 5 establishment units since 2019
Ground area
454 m²
Building footprint
439 m²
Volume, LiDAR
5,782 m³
5 parcels, Brussels · tallest building 19.9 m, ±6 floors. Linked by address, not a title deed.
5 establishment units
WORKWEER KACHRA
since 20192.300.355.196
WORKWEER KACHRA
since 20192.300.656.094
kachra
since 20212.326.174.816
WORKWEER KACHRA
since 20222.327.007.927
WORKWEER KACHRA
since 20232.362.646.321
5 parcels
Brussels
5
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21902A0402/00W000 | Brussels | 112 m² | 1 · 112 m² | 16.9 m · 5 fl. |
| 21492B0051/00Y000 | Brussels | 109 m² | 1 · 89 m² | 15.4 m · 4 fl. |
| 21526D0148/00X006 | Brussels | 95 m² | 1 · 99 m² | 14.9 m · 4 fl. |
| 21905C0087/00X002 | Brussels | 78 m² | 1 · 78 m² | 19.9 m · 6 fl. |
| 21001A0565/00D010 | Brussels | 60 m² | 1 · 60 m² | 16.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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LORCA
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Of 2,213 companies in sector 47711 we hold annual accounts for 889. 674 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
Founded05-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
47789Other retail sale of new goods
47712Retail trade
Scores and ratios are computed by Checked and are not a credit decision.