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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
37 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
WORKHORSE from Vorst, company number BE0684998558, closed financial year 2024 with a result of € 0 after tax. Compared with financial year 2023, the result moved from € -384 to € 0. Around break-even. 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 September 30, 2025.
€ -16,305
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 0
▲ still € 384 loss in 2023
Profit after tax over the fiscal year.
€ 45
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -34,905.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 158
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -73 | € -85 | - | - | |
| Profit after taxes | € -444 | € -472 | € -384 | € 0 | ▲ € 384 |
| Equity | € -15,449 | € -15,921 | € -16,305 | € -16,305 | |
| Total debts | € 15,494 | € 15,966 | € 16,350 | € 16,350 | |
| Cash | € 45 | € 45 | € 45 | € 45 | |
| Retained profit | € -34,049 | € -34,521 | € -34,905 | € -34,905 | |
| Balance sheet total | € 45 | € 45 | € 45 | € 45 |
Key figures of WORKHORSE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to WORKHORSE?
What happened at WORKHORSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 0. filed late Source: NBB ↗
- New establishment in Vorst. KBO
- Start of the company according to the CBE. KBO
In short
From € 444 loss in 2021 to € 0 profit in 2024.
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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
Behind WORKHORSE is Christian FRANCOIS.
Directors
According to the 2024 annual accounts
Christian FRANCOIS
Manager
Establishments
Establishment units
Physical locations of this company
Van Volxemlaan 302-304
1190 Vorst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 37 companies are registered at this address.
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€ -12,612 gross margin · 2025
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€ 290,265 gross margin · 2025
WILDEWOUD
€ -5,970 gross margin · 2024
Libra - Tax & Accountancy - Brussels
€ 543,473 gross margin · 2025
Simon Nagel Fine Art
€ -31,487 gross margin · 2025
+32 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0684.998.558
- VAT number
- BE 0684.998.558
- Registered office
- Van Volxemlaan 302-304, 1190 Vorst
- Names & denominations
- WORKHORSE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 2017
- Peppol
- Not registered