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.
-
Busy address KBO
57 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Workways Belgium from Ukkel, company number BE0756642659, closed financial year 2024 with a result of € -334,973 after tax. For that financial year Workways Belgium recorded a gross margin of € 17,702 and equity of € -888,598. Compared with financial year 2023, the result moved from € 49,899 to € -334,973. 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 October 15, 2025.
€ -888,598
▼ € 334,973 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -334,973
▼ still € 49,899 profit in 2023
Profit after tax over the fiscal year.
€ 26,712
▲ € 23,771 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -950,098.
People and assets in 2024
1.2
▲ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 52,658
▲ 51% vs 2023
€ 43,900 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.
€ 171,191
▼ 15% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 264,788
▲ 75% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 43,185
▲ € 38,762 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -126,454 | € -226,037 | € 73,174 | € 17,702 | ▼ 76% |
| Profit after taxes | € -213,023 | € -452,001 | € 49,899 | € -334,973 | ▼ € 384,872 |
| Equity | € -151,523 | € -603,524 | € -553,625 | € -888,598 | ▼ € 334,973 |
| Total debts | € 4,755,543 | € 3,280,562 | € 4,585,969 | € 6,124,746 | ▲ 34% |
| Cash | € 163,150 | € 101,280 | € 2,941 | € 26,712 | ▲ € 23,771 |
| Retained profit | € -213,023 | € -665,024 | € -615,125 | € -950,098 | ▼ € 334,973 |
| Balance sheet total | € 4,604,020 | € 2,677,038 | € 4,032,344 | € 5,236,148 | ▲ 30% |
| Employees (FTE) | - | 0.8 | 0.8 | 1.2 | ▲ 0.4 |
Key figures of Workways Belgium, 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 Workways Belgium?
What happened at Workways Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michael ROGER stepped down as director. NBB
- James HARVEY stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 334,973 (▼ € 384,872 vs 2023). filed late Source: NBB ↗
- New establishment in Zaventem. KBO
- New establishment in Elsene. KBO
- Michael ROGER became a director. NBB
- James HARVEY became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 213,023 loss in 2021 to € 334,973 loss in 2024.
Paid € 294 in corporate taxes since 2021.
Best year ever: 2023, with € 49,899 profit.
On average € 14,800 of value added per employee 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
The stake of WORKWAYS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Workways BelgiumThe shares are held by WORKWAYS (98.3%). It owns 100% of DOCSWO LTD, 100% of EXCELSIOR 27, 100% of LOZENBERG 7, 100% of DOC EXCELSIOR, 100% of DOC KEIL and 100% of EXCELSIOR 79-81 itself.
Directors
According to the 2024 annual accounts
Michael ROGER
Director
Also active at: Doc Keil, EXCELSIOR 40, WORKWAYS, LOZENBERG 7, Excelsior 27, Excelsior 4A, Imperia 18, Excelsior 79-81 +3 more
since 2020 · until 2026
James HARVEY
Director
Also active at: Doc Keil, EXCELSIOR 40, WORKWAYS, LOZENBERG 7, Excelsior 27, Excelsior 4A, Excelsior 79-81, Excelsior 9 +1 more
since 2020 · until 2026
Shareholders
98.3%
Participations
DOCSWO LTD
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Establishments
Establishment units
Physical locations of this company
Floréallaan 156
1180 Ukkel
Louizalaan 401
1050 Elsene
Active since 15 October 2020
Excelsiorlaan 8
1930 Zaventem
Active since 1 January 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 57 companies are registered at this address.
All companies at this address →Etablissements Dyckerhoff
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€ -16,592 gross margin · 2025
BRAZIVELT
€ 5,833 gross margin · 2023
+52 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
- 0756.642.659
- VAT number
- BE 0756.642.659
- Registered office
- Floréallaan 156, 1180 Ukkel
- Names & denominations
- Workways Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 2020
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
Activiteiten van holdings
Overige zakelijke dienstverlening, neg
Holdings
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van hoofdkantoren
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Handel in eigen onroerend goed
+2