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Flanders@Work

Active
Private limited companyfounded 201610 years activeLierseweg(HRT) 173, 2200 Herentals, BelgiumKBO/BCE: BE 0657.889.632
Summary

Flanders@Work has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €508,817 and a net result of €89,574. Equity is growing by ~32.5% per year across the filed fiscal years. Its solvency ranks better than 35% of 371 sector peers (NACE 78, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Employment placement agencies
NACE 78100Temporary employment agencies and other provision of personnel NACE 78200
4 sites
Size
€4.0mtotal assets 2025
Staff
90.1 FTE
Equity
€508,817
Profit
€89,574
Turnover not published (abridged schema)
Financial health
87 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.2%
Structure
Largest shareholder
CC Locus · 50%
Accounts 18 days early0 of 6 deeds read
Why 87- 1 change of registered office in 24 months- Equity €508,817 (12.6% of total assets)+ Size: total assets €4.0m+ Figures for FY 2025 (filed 13-07-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 46% of its sector peers (NACE 78, small)
Financial strength · tick = 2024
Weak
Solvency 38+3
equity 12.6% of total assets
Liquidity 19-8
short-term debt 70.6% · cash 5.5%
Profitability 53+22
return on assets 2.2%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (196 companies)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.3%▲ +0.2 percentage points vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▼ -0.2 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.2%▼ -0.5 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit up to €40,000 at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.38 in 2024; short-term debt: 70.6% and cash: 5.5% of total assets), and 87.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 78, small): better than 29% on solvency, 14% on liquidity, 43% on profitability and 96% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €4.0m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 13-07-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Equity €508,817 (12.6% of total assets)
NBB · annual accounts
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 13-07-2026, 18 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
18 days early
2024
27 days early
2023
21 days early
2022
6 days early
2021
30 days early
2020
30 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 11 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Highest result since 2018net €89,574 ▲408%
  3. Equity above €500,000Eq €508,817 ▲132%

Key points

  • Positive: Result rose in 2025from €17,628 to €89,574 ▲ 408% View
  • Positive: 8 profitable years in a rowprofit 2025: €89,574 8 years View
  • Positive: Among the best 20% on equitysector median €121,328 · 371 companies €508,817 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€4.0m
Profit
€89,574
Solvency
12.6%
Total assets▲ 83.4%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2018
Next accounts
by 31-07-2027
  1. 04-07-2025Annual accounts filed
  2. 10-07-2024Annual accounts filed
  3. 31-12-2023Equity above €200,000
Go to Timeline

Company details

Sites
4
Legal form
Private limited company
Activity
Employment placement agenciesNACE 78100
Founded
30-06-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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