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Work@Nicoleta

Active Private limited companyfounded 2022active for 3 yearsHelvetiastraat 26, 3560 LummenKBO/BCE: BE 0794.300.633

Lifetime

3 annual accounts with figures on one time axis
peak €4.4m (2025)
€4.4m▲ 40.3%
peak €506,606 (2025)
€506,606▲ 17.6%
peak €1.1m (2025)
€1.1m▲ 79.4%
€758,977▲ 46.7%
peak 66.3 FTE (2024)
64.3 FTE▼ 3.0%
Board1 name since 2022
1 director
Documentsfilings and deeds
02-07-202629 days before the deadline
2025abbreviated format
Gross margin from €3.2m to €4.4mEquity from €638,068 to €1.1mDebts from €517,517 to €758,977Investments €146,867Cash from €215,923 to €71,158

Key points

from the 2025 annual accounts

Equity

€1.1m ▲ 79.4%
€638,0002024€1.1m2025

Equity rose in 2025 from €638,068 to €1.1m.

Turnover

≈ €7.6m estimated

The accounts state no turnover.

Debts

€758,977 ▲ 46.7%
Taxes and wages
+161,832
Suppliers
+133,528
Financial debts
+28,122
The rest
-82,022

Debts rose by €241,460 in 2025.

Investments

€146,867 5.0 × depreciation
202320242025

Green is investment, beige is depreciation. Machinery stands 188.0% higher than in 2024.

Staff

57 employees on 31-12-2025
1,4071,40720233,0122,98420243,5023,4742025

In 2025, 3,502 short contracts started and 3,474 ended, on average 36 hours worked per contract. Staff averaged 64 full-time equivalents.

Position in the sector

€506,606

Higher net result than 92% of companies in employment activities. Sector median €22,220 · 480 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,329 companies had the same profile as Work@Nicoleta has now. Each dot stands for 6 companies, two years later.

96.1%
were still trading
3.6%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
  • without age

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 2,329 companies, not a prediction for Work@Nicoleta. 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.

Credit verdict

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Signals

Board and ownership

Director
  • 99 sharesdeed of 05-12-2022
  • 1 sharedeed of 05-12-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0794300633
Incorporation Founding capital of €25,000, 100 shares · Founder: · Appointment: (director) · published on 05-12-2022 · Gazette deed
First establishment Helvetiastraat 26, Lummen
All 9 events

Comparable companies

same main activity, similar in size and age
Company
Work@Nicoleta Lummen €1.9m €4.4m 60.1% 64.3
TRANSELECT Genk €2.1m €9.0m 14.3% 81.2
PRO INDUSTRY BELGIË Oudsbergen €1.4m €5.1m -115.3% 69.9
THE BOZZ Nivelles €1.8m €4.3m 18.5% 62.1
MD HOSPITALITY Liège €1.3m €3.3m 65.5% 77.9
Spark HR Ghent €1.0m €3.4m 16.3% 49.8
GENERATION4 CARE Ghent €1.5m €2.4m 15.9% 28.9

These companies have the same main activity as Work@Nicoleta: temporary employment agencies and other provision of personnel (NACE 78200). They are comparable in size and age: total assets between €953,000 and €2.1m, founded between 2019 and 2024.

Official details

Source: KBO
Status
Active since 01-12-2022Normal situation
Activity
Temporary employment agencies and other provision of personnelNACE 78200and 1 other
Joint committee
322Temporary agency work and approved local services · annual accounts 2025
Establishment unit
2.338.471.6443560 Lummen, since 01-12-2022
Financial year end
31 December
Peppol
Reachable since 20-05-2025
Company details

Annual accounts 2025

€1.9m▲ 64.7%
Employeeson 31-12-2025
57▲ 96.6%
Filing
Filed on 02-07-2026, 29 days before the end of the filing period
Financials

Insights on Work@Nicoleta

Work@Nicoleta files the abbreviated format. That format states no turnover. The gross margin rose from €1.4m in 2023 to €4.4m in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Work@Nicoleta

What is the company number of Work@Nicoleta?
The company number of Work@Nicoleta is 0794.300.633. The VAT number is the same number with BE in front: BE 0794.300.633.
Where is Work@Nicoleta based?
The registered office is at Helvetiastraat 26, 3560 Lummen.Company details
What does Work@Nicoleta do?
According to the KBO register, the main activity is temporary employment agencies and other provision of personnel (NACE 78200).
What is the legal form of Work@Nicoleta?
Work@Nicoleta is a private limited company (BV).
When was Work@Nicoleta founded?
Work@Nicoleta was founded on 01-12-2022.
Is Work@Nicoleta still active?
Yes, Work@Nicoleta is an active enterprise in the KBO register.
How many employees does Work@Nicoleta have?
Work@Nicoleta had an average of 64.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Work@Nicoleta fall under?
In its 2025 annual accounts, Work@Nicoleta states joint committee 322 (Temporary agency work and approved local services).
What is the turnover of Work@Nicoleta?
The turnover in financial year 2025 is ≈ €7.6m. This figure is estimated from the gross margin of €4.4m and 1,566 comparable companies of the same size. It probably lies between €5.1m and €13.0m. It is a rough estimate.
Is Work@Nicoleta profitable?
In financial year 2025, Work@Nicoleta made a profit of €506,606.
Where can I find the annual accounts of Work@Nicoleta?
Work@Nicoleta filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Work@Nicoleta due?
Work@Nicoleta must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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