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WORX FOR SOCIETY

Active Risk: very low
Cooperative companyfounded 197748 yrs activeBrouwersvliet 29, 2000 Antwerpen, BelgiumKBO/BCE: BE 0418.027.042
Summary

WORX FOR SOCIETY has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2021 annual accounts show equity of €332.36M and a net result of €-131k. Equity remains stable across the filed fiscal years (±0% per year). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Axes, FY 2021 · tick = 2020
Profitability37=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 48 years 0 50 y
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 2021
Solvency, return and age of the figures
Solvency
98.6%
Return on assets
0%
Age of the figures
57 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
37 d early
2023
42 d early
2022
35 d early
2021
31 d early
2020
44 d early
2019
57 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2021, full schema, statutory accounts

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-131k▼ 4.1%
2020 · €-126k
2018: €94.35M 2019: €-41k 2020: €-126k
2018 → 2021
Working capital
€199k▼ 39.7%
2020 · €330k
2018: €-227k 2019: €-168k 2020: €330k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Equity€332.66M-€332.62M=€332.49M=€332.36M=
Operating result€-11k-€-43k▼ 300%€-63k▼ 47.4%€-44k▲ 30.1%
Net result€94.35M-€-41k€-126k▼ 207%€-131k▼ 4.1%
Result per fiscal year
Operating resultNet result
€-25.00M€0€25.00M€50.00M€75.00M€100.00MOperating result 2018: €-11k€-11kNet result 2018: €94.35M€94.35MOperating result 2019: €-43k€-43kNet result 2019: €-41k€-41kOperating result 2020: €-63k€-63kNet result 2020: €-126k€-126kOperating result 2021: €-44k€-44kNet result 2021: €-131k€-131k2018201920202021€-150k€-100k€-50k€0Operating result 2019: €-43k€-43kNet result 2019: €-41k€-41kOperating result 2020: €-63k€-63kNet result 2020: €-126k€-126kOperating result 2021: €-44k€-44kNet result 2021: €-131k€-131k201920202021
The operating result stays negative: a loss of €44k in 2021 against €63k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €336.96M
Fixed assets €336.36M =
Current assets €604k ▼ 3.7%
Equity and liabilities €336.96M
Equity €332.36M =
Debt €4.60M ▲ 2.4%
Debt's share of the balance-sheet total stays at 1.4%.
Key figures and ratios
2021 value · change against 2020
Current ratio
1.49
2020 · 2.11
Debt to equity
0.01
2020 · 0.01
ROE
0.0%
2020 · 0.0%
ROA
0.0%
2020 · 0.0%
Debt ≤ 1 year
€405k
2020 · €297k
Debt > 1 year
€4.20M=
2020 · €4.20M
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 · 2021 against 2020 · 46 lines
Balance sheet Code20202021
Assets
Total assets20/58€336.99M€336.96M=
Fixed assets21/28€336.36M€336.36M=
Financial fixed assets28€336.36M€336.36M=
Affiliated companies280/1-€336.36M
Participating interests280-€336.36M
Current assets29/58€627k€604k
Amounts receivable within one year40/41€23k€57k
Other amounts receivable41-€57k
Cash at bank and in hand54/58€604k€547k
Equity and liabilities
Total equity and liabilities10/49€336.99M€336.96M=
Equity10/15€332.49M€332.36M=
Contributions10/11€32.50M€32.50M=
Capital10-€32.50M
Issued capital100-€32.50M
Reserves13€107.35M€107.35M=
Non-distributable reserves130/1-€106.81M
Legal reserve130-€3.25M
Other1319-€103.56M
Tax-exempt reserves132-€543k
Profit (loss) carried forward14€192.64M€192.50M
Amounts payable17/49€4.50M€4.60M
Amounts payable after more than one year17€4.20M€4.20M=
Other amounts payable178/9-€4.20M
Amounts payable within one year42/48€297k€405k
Trade debts44€5k€25k
Suppliers440/4-€25k
Other amounts payable47/48-€379k
Income statement Code20202021
Operating income70/76A-€3k
Other operating income74-€3k
Operating charges60/66A-€47k
Services and other goods61-€45k
Other operating charges640/8-€303
Non-recurring operating charges66A-€2k
Operating profit (loss)9901€-63k€-44k
Financial income75/76B-€1
Recurring financial income75€19k€1
Other financial income752/9-€1
Financial charges65/66B-€87k
Recurring financial charges65€82k€87k
Debt charges650€80k€84k
Other financial charges652/9-€3k
Profit (loss) for the period before taxes9903€-126k€-131k
Profit (loss) for the period9904€-126k€-131k
Profit (loss) for the period to be appropriated9905€-126k€-131k
Appropriation of the result
Profit (loss) to be appropriated9906-€192.50M
Profit (loss) brought forward from the previous period14P-€192.64M

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
19-08
State Gazette act Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)
Auditor representative · Power of attorney8 facts ▸
  • General meeting, 05-06-2026
  • Auditor reappointment, Deloitte Bedrijfsrevisoren BV (statutory auditor)
  • Auditor representative, Tom Renders
  • Power of attorney, Fabienne Lallemand
  • Power of attorney, Sarah Stas
  • Power of attorney, Sander Dullaert
  • Power of attorney, Lisse Smets
  • Power of attorney, Ephiny Almeida Gonçalves
2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · consolidated
24-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
04-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
19-06
NBB filing Annual accounts filed
fiscal year 2023 · consolidated
2023
27-06
NBB filing Annual accounts filed
fiscal year 2022 · consolidated
26-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Weakest financial yearnet €-131k
Net result drops to €-131k, the lowest in the series.
17-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Liquidity doublescurrent ratio 2.11
Current ratio from 0.85 to 2.11; short-term debt falls from €1.13M to €297k.
04-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
19-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

Brouwersvliet 292000 Antwerpen
Ground area
2,460 m²
Building footprint
1,149 m²
Volume, LiDAR
25,548 m³
2 parcels, Flanders · tallest building 30.3 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
SD WORX FOR SOCIETY
Brouwersvliet 2, 2000 AntwerpenFinancial service activities, except insurance and pension funding
since 20082.173.042.401
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11002A0208/00A000
ProtectedMonumentBurgerhuis: voorgevelSource ↗
Flanders 2,152 m² 1 · 841 m² 30.3 m · 9 fl.
11002A0115/00D000 Flanders 308 m² 1 · 308 m² 19.3 m · 6 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Statutory auditor

1 auditor
Deloitte Bedrijfsrevisoren/Réviseurs d’EntreprisesCurrent
Statutory auditor
05-06-2026 → present

Structure & network

Ownership & control

11 subsidiaries
WORX FOR SOCIETYBE 0418.027.042
controls
Where this company holds controlsubsidiary per the LEI register11
Antwerpen
Antwerpen
Antwerpen · indirect
Mechelen · indirect
Antwerpen · indirect
Show 5 more
Antwerpen · indirect
Antwerpen · indirect
Antwerpen · indirect
Antwerpen · indirect

Recognitions · licences · registrations

Legal Entity Identifier

69940066S0AR60PQ0159
live in the LEI register

Company data · Crossroads Bank

Identification
Legal formCooperative company
Founded15-12-1977
Fiscal year end31-12
Abbreviation NL WfS
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.