Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
W-WORKS from Ternat, company number BE0688799275, closed financial year 2025 with a result of € 27,295 after tax. For that financial year W-WORKS recorded a gross margin of € 61,303 and equity of € 9,131. Compared with financial year 2024, the result moved from € 14,084 to € 27,295. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 9,131
▲ € 27,295 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,295
▲ 94% vs 2024
Profit after tax over the fiscal year.
€ 14,661
▲ 1% 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 € 2,931.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 31,294
▲ 222% vs 2024
Of which on lease € 28,272.
Debts at end 2025
€ 30,895
▲ € 24,282 vs 2024
€ 7,034 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1,328
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,635
▼ 9% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,388 | € 10,254 | € 31,955 | € 61,303 | ▲ 92% |
| Profit after taxes | € 1,800 | € -20,428 | € 14,084 | € 27,295 | ▲ 94% |
| Equity | € -11,829 | € -32,248 | € -18,164 | € 9,131 | ▲ € 27,295 |
| Total debts | € 136,111 | € 130,411 | € 117,435 | € 138,296 | ▲ 18% |
| Cash | € 406 | € 10,827 | € 14,524 | € 14,661 | ▲ 1% |
| Retained profit | € -18,029 | € -38,448 | € -24,364 | € 2,931 | ▲ € 27,295 |
| Bank debt | € 8,068 | € 12,151 | € 6,613 | € 30,895 | ▲ € 24,282 |
| Balance sheet total | € 124,282 | € 98,163 | € 99,271 | € 147,427 | ▲ 49% |
Key figures of W-WORKS, 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 W-WORKS?
What happened at W-WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,295 (▲ 94% vs 2024). Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,800 profit in 2022 to € 27,295 profit in 2025.
Paid € 4,181 in corporate taxes since 2022.
Best year ever: 2025, with € 27,295 profit.
Management
Behind W-WORKS is Wim Walravens.
Directors
According to the 2025 annual accounts
Wim Walravens
Director
Establishments
Establishment units
Physical locations of this company
Assesteenweg 430
1741 Ternat
Dasselt(Den) 27
9400 Ninove
Active since 23 January 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0688.799.275
- VAT number
- BE 0688.799.275
- Registered office
- Assesteenweg 430, 1741 Ternat
- Names & denominations
- W-WORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 January 2018
- Peppol
- Active · Active since 1 Nov 2025
- Activities · NACE
Bouwrijp maken van terreinen
Overige bouwinstallatie
Andere reinigingsactiviteiten
Algemene elektrotechnische installatiewerken
Overige gespecialiseerde bouwactiviteiten, neg
Sanitaire werkzaamheden
Overige bouwinstallatie, n.e.g.
Overige gespecialiseerde bouwwerkzaamheden