Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2025
FASHION@WORK from Elsene, company number BE0464957424, closed financial year 2025 with a result of € -86,917 after tax. For that financial year FASHION@WORK recorded a gross margin of € 194,577 and equity of € -64,919. Compared with financial year 2024, the result moved from € -133,634 to € -86,917. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 12, 2025.
€ -64,919
▼ € 86,917 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -86,917
▲ 35 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -104,919.
People and assets in 2025
4.3
▼ 2.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 227,662
▼ 16% vs 2024
€ 52,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,452
▲ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 118,545
▼ 28% vs 2024
€ 30,219 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 147,698
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 96,371
▲ 109% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 202,648 | € 285,836 | € 187,021 | € 194,577 | ▲ 4% |
| Profit after taxes | € 33,406 | € 15,408 | € -133,634 | € -86,917 | ▲ € 46,716 |
| Equity | € 140,224 | € 155,632 | € 21,998 | € -64,919 | ▼ € 86,917 |
| Total debts | € 319,594 | € 443,054 | € 380,583 | € 373,653 | ▼ 2% |
| Cash | € 42,837 | - | € 4,147 | - | |
| Retained profit | € 100,224 | € 115,632 | € -18,002 | € -104,919 | ▼ € 86,917 |
| Bank debt | € 124,546 | € 225,062 | € 163,781 | € 118,545 | ▼ 28% |
| Balance sheet total | € 459,817 | € 598,686 | € 402,581 | € 308,734 | ▼ 23% |
| Employees (FTE) | 5 | 5.1 | 6.6 | 4.3 | ▼ 2.3 |
Key figures of FASHION@WORK, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 August 2026.
What happened to FASHION@WORK?
What happened at FASHION@WORK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
FASHION@WORK is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2025: loss of € 86,917. Source: NBB ↗
- New establishment in Waterloo. KBO
- New establishment in Ukkel. KBO
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,406 profit in 2021 to € 86,917 loss in 2025.
Paid € 7,049 in corporate taxes since 2021.
Best year ever: 2021, with € 33,406 profit.
On average € 45,300 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Muriel TORDEUR
Director
Establishments
Establishment units
Physical locations of this company
Baljuwstraat 93
1050 Elsene
Waterloosesteenweg 1343
1180 Ukkel
Active since 1 August 2017
Chaussée de Bruxelles 165
1410 Waterloo
Active since 10 January 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.957.424
- VAT number
- BE 0464.957.424
- Registered office
- Baljuwstraat 93, 1050 Elsene
- Names & denominations
- FASHION@WORK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 22 December 1998
- Peppol
- Not registered
- Activities · NACE
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