Skip to content

WORK ZONE

Active
Private limited company·Exploitatie van sportaccommodaties· 2 yrs active
Avenue des Martyrs 172 ·4620 Fléron, Belgium
KBO/BCE: BE 1003.754.119
Watch Print / PDF
Age2 yrs
Real estate1 parcel · 1,023 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of WORK ZONE is 0.8% (low). The 2024 annual accounts show equity of €26k and a net result of €23k. Its solvency ranks better than 60% of 786 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 25-08-2025 25 d late 2025-00416848

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.8% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector −Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€23k
Working capital€-6k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 25-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 93 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 31.6% 20.2%
better than 60% of 786 sector peers
Net result €23k €2k
better than 77% of 788 sector peers
Equity €26k €18k
better than 56% of 789 sector peers
Gross operating margin €48k €24k
better than 65% of 787 sector peers
Total assets €83k €110k
better than 41% of 787 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA€40k
Net profit€23k
Cash flow€31k
Staff costs-
Income taxes€8k
Dividends-
Total assets€83k
Equity€26k
Debt€57k
of which ≤ 1y€42k
of which > 1y-
Working capital€-6k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.87
Quick ratio0.80
Working capital ratio-6.8%
Solvency31.6%
Debt / equity2.16
Long-term debt ratio-
Interest coverage42.44
Gross margin-
Net margin-
ROA28.0%
ROE88.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€83k
Fixed assets 21/28€47k
Intangible fixed assets 21€6k
Tangible fixed assets 22/27€41k
Current assets 29/58€37k
Stocks & contracts in progress 3€3k
Amounts receivable within one year 40/41€12k
Cash & bank 54/58€19k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€83k
Equity 10/15€26k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€23k
Amounts payable 17/49€57k
Amounts payable within one year 42/48€42k
Trade debts payable within one year 44€15k
Income statement
Gross operating margin 9900€48k
Operating result 9901€32k
Financial income 75€27
Financial charges 65€932
Result before taxes 9903€31k
Income taxes 67/77€8k
Net result for the period 9904€23k
Result to be appropriated 9905€23k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
58 / 100 Fair
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Avenue des Martyrs 1724620 Fléron

Establishment units

1 location
WORK ZONE
Avenue des Martyrs 172, 4620 FléronKleinhandel in bovenkleding (inclusief werkkleding, sportkleding en ceremoniekleding) van ongeacht welk materiaal (textielstoffen, breigoed, leer, bont, enz) voor dames
since 20232.354.380.436
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,023 m²
Buildings1
Building footprint385 m²
Volume (LiDAR)2,153 m³
Tallest building13.1 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62038B0037/00H002 Wallonia 1,023 m² 1 · 385 m² 13.1 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts
Capital history · 1
05-08-2025
Capital change
All acts · 1 updated 1 year ago
2025
05-08-2025 Capital increase of €17,422.49 Capital & shares·Juste SINDIHEBURA
Notary: Juste SINDIHEBURA · Visé

Analysis

Snowflake analysis

financial profile on 5 axes
Health58Profitability100Solvency46Growth-Stability67
68 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 58
Profitability 100
Solvency 46
Growth -
Stability 67

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 318 of the 3,282 companies in this sector. 220 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Exploitatie van sportaccommodaties93110Exploitatie van sportaccommodaties93110Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
Legal nameFR WORK ZONE
Registered office
Avenue des Martyrs 172
4620 Fléron, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.