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@ WORK

Active Private limited companyfounded 2002active for 23 yearsKoeweideblock 2, 1785 MerchtemKBO/BCE: BE 0478.933.837
@ WORK
Financial year 2025
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Annual accounts 2025

micro format, filed on 31-07-2026, on the day of the deadline
€57,410
▼ 17.7%
€19,995
▼ 37.0%
€1,155
▼ 92.5%
€187,341
▲ 1.9%
46.0%
▲ 3.0 percentage points
2.16
▲ 0.16

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €230,000. Estimated: probably between €120,000 and €310,000.

Balance sheet

balance sheet total €764,722 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

46.0%

Higher than 54% of 13,805 companies in 2025.

2.16

Higher than 60% of 13,186 companies in 2025.

0.2%

Higher than 35% of 13,365 companies in 2025.

@ WORK Middle half of the sector 80% of the sector Micro accounts in wholesale trade (NACE 46)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 764,722815,805869,718898,909926,681947,3281.0m488,041441,225517,125529,407524,041524,726490,920423,419406,490408,211407,203438,565
21/28 415,468447,530480,964511,674535,457535,512554,22217,74218,25821,46024,90828,41831,9896,51410,77715,12920,3054,1636,125
21 ----1,9963,9925,9887,9849,98011,97613,97215,96817,964------
22/27 407,698439,760473,194506,754528,541526,600543,3147,5086,0287,2348,68610,20011,7754,2648,52712,87918,0551,9133,856
22 382,873403,885424,896445,908454,878473,827490,940------------
23 19,15525,23132,09939,09446,35750,91748,862---246554924------
24 5,669----1,8563,5112,685-----4,2648,52712,79117,055-1,031
25 010,64516,19821,75227,306--------------
26 -------4,8236,0287,2348,4409,64610,851--881,0001,9132,825
28 7,7707,7707,7704,9204,9204,9204,9202,2502,2502,2502,2502,2502,2502,2502,2502,2502,2502,2502,269
29/58 349,254368,275388,754387,235391,224411,816482,214470,299422,967495,665504,499495,623492,737484,407412,642391,362387,906403,040432,440
3 266,427282,866303,538290,005279,983303,241332,462319,480321,951382,719357,790348,657367,852290,451263,472207,251232,792266,358277,771
30/36 266,427282,866303,538290,005279,983303,241332,462319,480321,951382,719357,790348,657367,852290,451263,472207,251232,792266,358277,771
40/41 68,95770,37759,56270,38699,27288,528141,807100,11287,097106,242129,328135,271118,283191,178147,652183,103154,080135,500150,313
40 63,86564,61559,19170,01599,27288,528141,807100,11287,097106,242124,212126,985114,125185,265141,652177,103142,755135,500149,984
41 5,0925,762371371------5,1168,2864,1595,9136,0006,00011,325-329
50/53 --------5151515150505049494747
54/58 13,87015,03225,65426,84311,96820,0477,94450,70713,8686,65317,33011,6446,5502,7285889812730545
490/1 --------------8808608608304,264
Balance sheet: equity and liabilities
10/49 764,722815,805869,718898,909926,681947,3281.0m488,041441,225517,125529,407524,041524,726490,920423,419406,490408,211407,203438,565
10/15 351,498350,343334,865296,405281,636278,132259,229238,677215,147205,757204,430199,796190,598178,394160,997144,601151,028169,770140,625
10/11 20,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,000
100 ------20,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,000
13 322,328321,173305,695267,245252,545249,045230,145209,600187,100178,000178,000178,000168,000153,000138,000123,000128,000143,000118,000
130/1 --02,0002,0002,000-------------
130 ------2,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,000
1311 --02,0002,0002,000-------------
132 16,00016,00016,00016,00016,00016,00016,00016,00016,00016,00016,00016,00016,00016,00016,00016,00016,00016,00016,000
133 306,328305,173289,695249,245234,545231,045212,145191,600169,100160,000160,000160,000150,000135,000120,000105,000110,000125,000100,000
14 9,1709,1709,1699,1599,0919,0879,0849,0778,0477,7576,4301,7962,5985,3942,9971,6013,0286,7702,625
17/49 413,223465,461534,853602,504645,045669,196777,206249,364226,078311,368324,977324,245334,128312,526262,422261,889257,184237,433297,940
17 251,310281,113313,276351,895390,063400,569408,356-----4,51215,07427,50042,54918,40223,197-
170/4 251,310281,113313,276351,895390,063400,569408,356-----4,51215,07427,50042,54918,40223,197-
42/48 161,913184,349221,577250,609254,981268,627368,850247,151223,836309,124322,740321,941329,438296,562234,013218,471237,934213,410296,669
42 29,80234,58038,02037,57037,02730,58927,841----4,51210,56212,42515,05014,51122,06716,3626,002
43 30,00040,00065,00075,00075,00075,00075,00050,00050,00057,30751,00051,00036,00029,16231,60333,88430,41533,28443,711
430/8 30,00040,00065,000---75,000--7,307---29,16231,60333,88430,41533,28443,711
439 --075,00075,00075,000-50,00050,00050,00051,00051,00036,000------
44 55,50754,04663,93379,76081,83297,218162,061125,125116,912216,626222,024210,227229,440216,734152,091146,995164,442142,504216,147
440/4 55,50754,04663,93379,76081,83297,218162,061125,125116,912216,626222,024210,227229,440216,734152,091146,995164,442142,504216,147
45 16,12539,82138,22241,87842,86538,06348,69137,86230,6686,04812,35514,6539,32317,95718,4246,5934,26412,16419,567
450/3 16,12520,73320,81419,69323,89822,59924,14426,26728,8746,0358,667-9,3238,97112,5313,5864,1046,30415,987
454/9 019,08817,40822,18518,96615,46424,54711,5951,794133,68814,653-8,9855,8933,0071605,8603,580
47/48 30,47915,90116,40116,40118,25827,75855,25834,16426,25629,14337,36141,54844,11220,28416,84616,48716,7479,09611,242
492/3 -------2,2132,2422,2442,2372,3051788909098708488261,271
Income statement
76A -------------928207----
9900 57,41069,72489,12973,65828,71761,92568,40759,24573,40216,17515,38423,23529,11029,61535,26011,173-1,67250,30553,589
630 33,22033,43333,56034,09528,70229,26836,4604,9923,2023,4483,5103,5718,0814,2644,3515,1765,1761,9433,626
631/4 --013,124-15,0003,2022,6528,05652,4326,6268222,446--5,2251,7412,1881,6322,500
640/8 4,1964,5644,2833,6874,1353,1191,1017851,0518848291,0227041,1651,2261,4931,5981,0781,144
9901 19,99531,72751,28622,75210,88026,33628,19445,41216,7175,21710,22316,19620,32424,18624,4582,762-10,63545,65246,319
75/76B 6825,4481,9195691441,2841,5936601,1881,3741999297362387611491523
75 6825,4481,9195691441,2841,5936601,1881,3741999297362387611491523
65/66B 18,85215,4577,7286,9247,0056,6787,0094,2383,8805,1874,8966,0547,0157,8678,3449,2658,1088,2539,118
65 18,85215,4577,7286,9247,0056,6787,0094,2383,8805,1874,8966,0547,0157,8678,3449,2658,1088,2539,118
9903 1,82521,71745,47716,3974,01920,94122,77841,83414,0251,4045,52611,07014,04517,48416,396-6,502-18,74237,89037,724
67/77 6706,2387,0171,6295152,0392,2269,3044,635778921,8731,841870-75-8,7459,551
9904 1,15515,47938,46014,7683,50418,90320,55232,5309,3901,3274,6349,19712,20417,39716,396-6,427-18,74229,14528,173
9905 1,15515,47938,46014,7683,50418,90320,55232,5309,3901,3274,6349,19712,20417,39716,396-6,427-18,74229,14528,173
Appropriation of the result
9906 10,32524,64847,61923,85912,59127,98729,62940,57717,1477,7576,43011,79617,59820,39417,997-3,399-11,97231,77030,625
14P 9,1709,1699,1599,0919,087--------------
791/2 ---------------5,00015,000--
691/2 1,15515,47838,45014,7003,50018,90020,54522,5009,100--10,00015,00015,00015,000--25,00028,000
6921 1,15515,47838,45014,7003,50018,90020,54522,5009,100--10,00015,00015,00015,000--25,00028,000
694/7 -------9,000-----------
695 -------9,000-----------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 4 older financial years (2003-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 31-07-2026 2026-00373562 PDF
31-12-2024 micro format 29-07-2025 2025-00322530 PDF
31-12-2023 micro format 17-06-2024 2024-00136898 PDF
31-12-2022 micro format 26-07-2023 2023-00282921 PDF
31-12-2021 micro format 29-09-2022 2022-20448680 PDF
31-12-2020 abbreviated format 30-08-2021 2021-58200371 PDF
31-12-2019 abbreviated format 31-10-2020 2020-67200258 PDF
31-12-2018 micro format 30-08-2019 2019-55400540 PDF
31-12-2017 abbreviated format 28-08-2018 2018-50600322 PDF
31-12-2016 abbreviated format 07-08-2017 2017-41400544 PDF
31-12-2015 abbreviated format 20-06-2016 2016-19300280 PDF
31-12-2014 abbreviated format 06-07-2015 2015-26400498 PDF
31-12-2013 abbreviated format 11-07-2014 2014-29400566 PDF
31-12-2012 abbreviated format 02-07-2013 2013-24300198 PDF
31-12-2011 abbreviated format 05-07-2012 2012-26500073 PDF
31-12-2010 abbreviated format 27-06-2011 2011-21900507 PDF
31-12-2009 abbreviated format 22-07-2010 2010-33500227 PDF
31-12-2008 abbreviated format 01-07-2009 2009-36100351 PDF
31-12-2007 abbreviated format 30-06-2008 2008-35000148 PDF
31-12-2006 abbreviated format 02-07-2007 2007-31700191 PDF
31-12-2005 abbreviated format 06-07-2006 2006-42003501 PDF
31-12-2004 abbreviated format 28-07-2005 2005-59300992 PDF
31-12-2003 abbreviated format 16-06-2004 2004-26000535 PDF

Subsidies and aid

Flemish government 2024 to 2025, 2 entries, €1,050 awarded, €1,050 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€1,050
Year Entries AwardedPaid
2025 1 €0€415
2024 1 €1,050€635

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
53,21565,16084,84656,84739,58255,60364,65450,40419,9198,66513,73319,76728,40628,45028,8097,939-5,45947,59549,945
34,37548,91272,02048,86332,20648,17157,01237,52212,5924,7758,14412,76920,28521,66120,747-1,251-13,56631,08831,799
28,92602,85010,31128,64710,558572,9414,47500-0033,55700021,318-19-
-1,162-10,622-1,18914,875-8,07812,102-42,76336,8397,215-10,6775,6865,0933,8222,140490-28-178260-
187,341183,926167,177136,626136,243143,189113,363223,148199,131186,541181,759173,682163,299187,845178,629172,891149,972189,630135,771
46.0%42.9%38.5%33.0%30.4%29.4%25.0%48.9%48.8%39.8%38.6%38.1%36.3%36.3%38.0%35.6%37.0%41.7%32.1%
2.162.001.751.551.531.531.311.901.891.601.561.541.501.631.761.791.631.891.46
0.510.460.380.390.440.400.410.610.450.370.450.460.380.650.640.840.650.640.52
1.181.331.602.032.292.413.001.041.051.511.591.621.751.751.631.811.701.402.12
0.3%4.4%11.5%5.0%1.2%6.8%7.9%13.6%4.4%0.6%2.3%4.6%6.4%9.8%10.2%-4.4%-12.4%17.2%20.0%
0.2%1.9%4.4%1.6%0.4%2.0%2.0%6.7%2.1%0.3%0.9%1.8%2.3%3.5%3.9%-1.6%-4.6%7.2%6.4%
2.824.2210.988.215.65--------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€28,926--€10,311€28,647
Financial fixed assets€0-€2,850--
€33,220€33,433€33,560€34,095€28,702

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on @ WORK

The operating result for 2025 is 37% lower than in 2024 and the lowest since 2021. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 57.1% to 54.0%. Equity is higher and debt is lower.

Next steps

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