WERKPERSPECTIEF
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 12-06-2026 PDF all 13 filings
Turnover
€550,053▼ 4.0%
2024 · €572,902
EBIT margin
13.2%▼ 10.0pp
2024 · 23.2%
Net result
€73,281▼ 44.9%
2024 · €132,967
Working capital
€227,850▲ 38.6%
2024 · €164,383
In the rankings
#7 oldest company in Diksmuide, Health and social work sector
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
€550,053
▼ 4.0%
2025
20182025
Operating result
€72,877
▼ 45.2%
2025
20182025
Net result
€73,281
▼ 44.9%
2025
highest quarter of the sector
20182025
EBIT margin
13.2%
▼ 10.0pp
2025
20182025
Equity
€226,660
▲ 47.8%
2025
highest quarter of the sector
20182025
Total assets
€404,000
▲ 25.4%
2025
middle half of the sector
20182025
Debt
€177,340
▲ 5.1%
2025
20182025
Working capital
€227,850
▲ 38.6%
2025
highest quarter of the sector
20182025
Solvency
56.1%
▲ 8.5pp
2025
middle half of the sector
20182025
Current ratio
2.29
▲ 0.21
2025
middle half of the sector
20182025
Return on assets (ROA)
18.1%
▼ 23.1pp
2025
highest quarter of the sector
20182025
Staff (FTE)
6.3
▼ 3.1%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€160,206-€208,775▲ 30.3%€217,431▲ 4.1%€274,052▲ 26.0%€269,863▼ 1.5%€326,558▲ 21.0%€572,902▲ 75.4%€550,053▼ 4.0%
Operating result€43,791-€42,545▼ 2.8%€24,267▼ 43.0%€52,959▲ 118%€656▼ 98.8%€20,731▲ 32×€133,011▲ 542%€72,877▼ 45.2%
Net result€43,689--€178,974€24,167within the sector's middle half€52,914above the sector's middle half▲ 119%€717within the sector's middle half▼ 98.6%€20,686within the sector's middle half▲ 29×€132,967above the sector's middle half▲ 543%€73,281above the sector's middle half▼ 44.9%
EBIT margin27.3%-20.4%▼ 7.0pp11.2%▼ 9.2pp19.3%▲ 8.2pp0.2%▼ 19.1pp6.3%▲ 6.1pp23.2%▲ 16.9pp13.2%▼ 10.0pp
Equity€100,902--€78,072-€53,905below the sector's middle half▲ 31.0%-€991below the sector's middle half▲ 98.2%-€274below the sector's middle half▲ 72.4%€20,412within the sector's middle half€153,379within the sector's middle half▲ 651%€226,660above the sector's middle half▲ 47.8%
Total assets€354,243-€99,542▼ 71.9%€101,216within the sector's middle half▲ 1.7%€168,625within the sector's middle half▲ 66.6%€232,535within the sector's middle half▲ 37.9%€234,874within the sector's middle half▲ 1.0%€322,089within the sector's middle half▲ 37.1%€404,000within the sector's middle half▲ 25.4%
Debt€253,341-€177,614▼ 29.9%€155,121▼ 12.7%€169,616▲ 9.3%€232,809▲ 37.3%€214,462▼ 7.9%€168,710▼ 21.3%€177,340▲ 5.1%
Working capital€98,243--€81,956-€59,759below the sector's middle half▲ 27.1%€189within the sector's middle half€38,121within the sector's middle half▲ 202×€59,954within the sector's middle half▲ 57.3%€164,383above the sector's middle half▲ 174%€227,850above the sector's middle half▲ 38.6%
Solvency28.5%--78.4%▼ 106.9pp-53.3%below the sector's middle half▲ 25.2pp-0.6%below the sector's middle half▲ 52.7pp-0.1%below the sector's middle half▲ 0.5pp8.7%within the sector's middle half▲ 8.8pp47.6%within the sector's middle half▲ 38.9pp56.1%within the sector's middle half▲ 8.5pp
Current ratio1.40-0.52▼ 0.880.61below the sector's middle half▲ 0.091.00below the sector's middle half▲ 0.391.20within the sector's middle half▲ 0.201.35within the sector's middle half▲ 0.152.08within the sector's middle half▲ 0.732.29within the sector's middle half▲ 0.21
Return on assets (ROA)12.3%--179.8%▼ 192.1pp23.9%above the sector's middle half▲ 203.7pp31.4%above the sector's middle half▲ 7.5pp0.3%within the sector's middle half▼ 31.1pp8.8%within the sector's middle half▲ 8.5pp41.3%above the sector's middle half▲ 32.5pp18.1%above the sector's middle half▼ 23.1pp
Staff (FTE)10.8-9.4▼ 13.0%3.5within the sector's middle half▼ 62.8%3.3▼ 5.7%4▲ 21.2%4.6▲ 15.0%6.5▲ 41.3%6.3▼ 3.1%
above
within
below
The sector band is the middle half of the companies in Social work activities without accommodation (NACE 88). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 45% lower than in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €404,000
Equity
€226,660 ▲ 47.8%
Debt
€177,340 ▲ 5.1%
Debt's share of the balance-sheet total falls from 52.4% to 43.9%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.78▼
2024 · 1.10
ROE
32.3%▼
2024 · 86.7%
Debt ≤ 1 year
€176,150▲
2024 · €151,852
Customer credit
39 days▼
2024 · 53 days
Supplier credit
317 days▲
2024 · 302 days
Staff costs
€406,168▲
2024 · €371,514
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 5 | 5 | 7 | 6 |
| full-time | 3 | 3 | 5 | 5 | 3 |
| part-time | 1 | 2 | 0 | 2 | 3 |
| in full-time equivalents | 3.5 | 4.6 | 5 | 6.7 | 5.5 |
| Average over the year, in full-time equivalents | 3.3 | 4 | 4.6 | 6.5 | 6.3 |
| On a permanent contract | 3 | 4 | 4 | 6 | 5 |
| Joined | 1 | 1 | 1 | 4 | 1 |
| Left | 1 | 0 | 1 | 2 | 2 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Subsidies and aid
Flemish government
2022 to 2025 · 7 entries · €163,847 awarded · €163,847 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €8,403 | €8,403 |
| 2024 | 1 | €23,036 | €23,036 |
| 2023 | 2 | €20,284 | €20,284 |
| 2022 | 3 | €112,124 | €112,124 |
Public contracts
1 award · 2023
Gunningsbeslissing: Werken met vouchers in bemiddelingsopdrachten.: Gunningsbeslissing: 2022_50169 - 1
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €160,206 | €208,775 | €217,431 | €274,052 | €269,863 | €326,558 | €572,902 | €550,053 | ▼ 4.0% |
| Membership fees, donations, legacies and grants73 | - | - | - | €93,934 | €106,960 | €81,055 | €72,207 | €88,314 | ▲ 22.3% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €163,459 | €174,066 | €104,855 | €140,583 | €159,046 | ▲ 13.1% |
| Remuneration, social security and pensions62 | - | - | - | €151,206 | €201,736 | €281,996 | €371,514 | €406,168 | ▲ 9.3% |
| Other operating charges640/8 | - | - | - | €362 | €367 | €30 | - | €275 | - |
| Gross operating margin9900 | €232,231 | €201,091 | €191,495 | €204,527 | €202,758 | €302,757 | €504,526 | €479,320 | ▼ 5.0% |
| Operating profit (loss)9901 | €43,791 | €42,545 | €24,267 | €52,959 | €656 | €20,731 | €133,011 | €72,877 | ▼ 45.2% |
| Financial income75/76B | - | - | - | - | €239 | - | €0 | €850 | ▲ 21,243× |
| Recurring financial income75 | €0 | €1 | - | - | €239 | - | €0 | €850 | ▲ 21,243× |
| Non-recurring financial income76B | - | - | - | - | €239 | - | - | - | - |
| Financial charges65/66B | - | - | - | €45 | €178 | €45 | €45 | €445 | ▲ 889% |
| Recurring financial charges65 | €102 | €70 | €100 | €45 | €46 | €45 | €45 | €45 | = |
| Non-recurring financial charges66B | - | - | - | - | €133 | - | - | €400 | - |
| Profit (loss) for the period before taxes9903 | €43,689 | €42,477 | €24,167 | €52,914 | €717 | €20,686 | €132,967 | €73,281 | ▼ 44.9% |
| Profit (loss) for the period9904 | €43,689 | -€178,974 | €24,167 | €52,914 | €717 | €20,686 | €132,967 | €73,281 | ▼ 44.9% |
| Profit (loss) for the period to be appropriated9905 | €43,689 | -€178,974 | €24,167 | €52,914 | €717 | €20,686 | €132,967 | €73,281 | ▼ 44.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €354,243 | €99,542 | €101,216 | €168,625 | €232,535 | €234,874 | €322,089 | €404,000 | ▲ 25.4% |
| Fixed assets21/28 | €10,386 | €10,386 | €5,854 | €5,854 | €5,854 | €5,854 | €5,854 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | - | - | - | €0 | - | - | - | - | - |
| Financial fixed assets28 | €10,386 | €10,386 | €5,854 | €5,854 | €5,854 | €5,854 | €5,854 | €0 | ▼ 100% |
| Current assets29/58 | €343,857 | €89,156 | €95,362 | €162,771 | €226,681 | €229,020 | €316,234 | €404,000 | ▲ 27.8% |
| Amounts receivable within one year40/41 | €16,830 | €81,346 | €74,210 | €61,251 | €21,507 | €114,871 | €82,587 | €59,043 | ▼ 28.5% |
| Other amounts receivable41 | - | - | - | €61,251 | €21,507 | €114,871 | €82,587 | €59,043 | ▼ 28.5% |
| Current investments50/53 | - | - | - | - | - | - | - | €200,000 | - |
| Cash at bank and in hand54/58 | €24,520 | €7,810 | €21,152 | €101,520 | €204,853 | €114,098 | €233,474 | €144,931 | ▼ 37.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €321 | €51 | €173 | €27 | ▼ 84.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €354,243 | €99,542 | €101,216 | €168,625 | €232,535 | €234,874 | €322,089 | €404,000 | ▲ 25.4% |
| Equity10/15 | €100,902 | -€78,072 | -€53,905 | -€991 | -€274 | €20,412 | €153,379 | €226,660 | ▲ 47.8% |
| Profit (loss) carried forward14 | -€87,772 | -€266,746 | -€242,579 | -€189,665 | -€188,948 | -€168,262 | -€35,295 | €37,986 | - |
| Investment grants15 | - | - | - | €188,674 | €188,674 | €188,674 | €188,674 | €188,674 | = |
| Amounts payable17/49 | €253,341 | €177,614 | €155,121 | €169,616 | €232,809 | €214,462 | €168,710 | €177,340 | ▲ 5.1% |
| Amounts payable within one year42/48 | €245,614 | €171,112 | €155,121 | €162,582 | €188,559 | €169,065 | €151,852 | €176,150 | ▲ 16.0% |
| Trade debts44 | €39,787 | €121,313 | €136,199 | €147,066 | €164,378 | €118,867 | €116,399 | €138,002 | ▲ 18.6% |
| Suppliers440/4 | - | - | - | €147,066 | €164,378 | €118,867 | €116,399 | €138,002 | ▲ 18.6% |
| Taxes, remuneration and social security45 | - | - | - | €14,740 | €23,259 | €29,267 | €34,346 | €36,922 | ▲ 7.5% |
| Remuneration and social security454/9 | - | - | - | €14,740 | €23,259 | €29,267 | €34,346 | €36,922 | ▲ 7.5% |
| Accrued charges and deferred income492/3 | - | - | - | €7,034 | €44,249 | €45,396 | €16,858 | €1,190 | ▼ 92.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43,689 | -€178,974 | €24,167 | €52,914 | €717 | €20,686 | €132,967 | €73,281 | ▼ 44.9% |
| Operating cash flow (approximation) | €43,689 | -€178,974 | €24,167 | €52,914 | €717 | €20,686 | €132,967 | €73,281 | ▼ 44.9% |
| Investment in fixed assets (approximation) | - | €0 | €4,532 | €0 | €0 | €0 | €0 | €5,854 | - |
| Change in cash | - | -€16,711 | €13,342 | €80,368 | €103,334 | -€90,756 | €119,376 | -€88,543 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as WERKPERSPECTIEF has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
93.5%
was still going
5.9%
stopped otherwise
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of WERKPERSPECTIEF itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for WERKPERSPECTIEF. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 12-06-2026 | 2026-00162384 | |
| 31-12-2024 | micro format | 17-06-2025 | 2025-00151212 | |
| 31-12-2023 | micro format | 06-06-2024 | 2024-00116075 | |
| 31-12-2022 | micro format | 27-06-2023 | 2023-00177141 | |
| 31-12-2021 | micro format | 20-06-2022 | 2022-20118365 | |
| 31-12-2020 | micro format | 12-07-2021 | 2021-34500196 | |
| 31-12-2019 | abbreviated format | 20-07-2020 | 2020-32700283 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-59600414 | |
| 31-12-2017 | abbreviated format | 27-06-2018 | 2018-24100470 | |
| 31-12-2016 | abbreviated format | 30-06-2017 | 2017-25400437 |