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 2 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IT@WORK from Wellen, company number BE0477002844, closed financial year 2025 with a result of € 1,819 after tax. For that financial year IT@WORK recorded a gross margin of € 3,445 and equity of € -655. Compared with financial year 2024, the result moved from € -6,142 to € 1,819. Profitable, and profit is growing. 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 10, 2026.
€ -655
▲ € 1,819 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,819
▲ still € 6,142 loss in 2024
Profit after tax over the fiscal year.
€ 263
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -6,855.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 733
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,023 | € -4,507 | € -5,340 | € 3,445 | ▲ € 8,785 |
| Profit after taxes | € -6,069 | € -4,940 | € -6,142 | € 1,819 | ▲ € 7,961 |
| Equity | € 8,608 | € 3,669 | € -2,474 | € -655 | ▲ € 1,819 |
| Total debts | € 129,029 | € 94,086 | € 96,697 | € 88,367 | ▼ 9% |
| Cash | € 1,608 | € 10,990 | € 5,884 | € 263 | ▼ 96% |
| Land & buildings | € 81,124 | € 81,124 | € 81,124 | € 81,124 | |
| Retained profit | € 2,408 | € -2,531 | € -8,674 | € -6,855 | ▲ € 1,819 |
| Balance sheet total | € 137,638 | € 97,755 | € 94,223 | € 87,712 | ▼ 7% |
Key figures of IT@WORK, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to IT@WORK?
What happened at IT@WORK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,819. filed late Source: NBB ↗
- New establishment in Wellen. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,069 loss in 2022 to € 1,819 profit in 2025.
Best year ever: 2025, with € 1,819 profit.
Management
Behind IT@WORK is Gentiel Vanormelingen.
Directors
According to the 2025 annual accounts
Gentiel Vanormelingen
Director
Establishments
Establishment units
Physical locations of this company
Bloemenstraat 22
3830 Wellen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0477.002.844
- VAT number
- BE 0477.002.844
- Registered office
- Bloemenstraat 22, 3830 Wellen
- Names & denominations
- IT@WORK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 March 2002
- Peppol
- Active · Active since 18 Nov 2025
- Contact
- wood-works.be
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