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 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
G-WORKS from Antwerpen, company number BE0699835105, closed financial year 2025 with a result of € 10,518 after tax. For that financial year G-WORKS recorded a gross margin of € 24,225 and equity of € 38,916. Compared with financial year 2024, the result moved from € 7,362 to € 10,518. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 38,916
▼ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,518
▲ 43% vs 2024
Profit after tax over the fiscal year.
€ 4,315
▲ € 3,879 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 32,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 922
▼ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 103,686
▲ 26% vs 2024
€ 41,475 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,243
▲ € 2,583 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,080
▼ 79% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 28,830 | € 13,995 | € 24,225 | ▲ 73% |
| Profit after taxes | € 16,205 | € 7,362 | € 10,518 | ▲ 43% |
| Equity | € 60,035 | € 60,397 | € 38,916 | ▼ 36% |
| Total debts | € 29,533 | € 128,031 | € 145,576 | ▲ 14% |
| Cash | € 7,126 | € 436 | € 4,315 | ▲ € 3,879 |
| Retained profit | € 59,035 | € 59,397 | € 37,916 | ▼ 36% |
| Dividend | € 0 | € 7,000 | € 32,000 | ▲ € 25,000 |
| Bank debt | € 0 | € 82,581 | € 103,686 | ▲ 26% |
| Balance sheet total | € 89,568 | € 188,428 | € 184,491 | ▼ 2% |
Key figures of G-WORKS, fiscal years 2023 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 G-WORKS?
What happened at G-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 € 10,518 (▲ 43% vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,205 profit in 2023 to € 10,518 profit in 2025.
Paid € 19,644 in corporate taxes since 2023.
Best year ever: 2023, with € 16,205 profit.
Paid out € 39,000 in dividends to the owners in total.
Management
Behind G-WORKS is GLENN BUYTAERT. It owns 50% of Worksgroup itself.
Directors
According to the 2025 annual accounts
GLENN BUYTAERT
Director
Establishments
Establishment units
Physical locations of this company
Weeltjens 9/1
2040 Antwerpen
Weeltjens 9 box 1
2040 Antwerpen
Active since 7 June 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0699.835.105
- VAT number
- BE 0699.835.105
- Registered office
- Weeltjens 9/1, 2040 Antwerpen
- Names & denominations
- G-WORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 June 2018
- Peppol
- Active · Active since 21 Apr 2026
- Activities · NACE
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