OPENING OF BANKRUPTCY

WORKFORCE SOLUTIONS

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Financial year 2020 · closed on 31/12/2020

Net result

-24,2 k €

+36.5% YoY

Gross margin

-4,1 k €

-303.7% YoY

Equity

-235,4 €

-101.0% YoY

Company — Opening of bankruptcy.

What does WORKFORCE SOLUTIONS do?

WORKFORCE SOLUTIONS is a Private limited company incorporated in 1983. Its main activity is: Activities of employment placement agencies. Its registered office is in Antwerpen.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0425.052.020

Incorporation

17/10/1983

Legal form

Private limited company

Registered office

De Keyserlei 58-60 box 19
2018 Antwerpen · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2020

Activities (NACE)

78100Activities of employment placement agencies· main 78100Activities of employment placement agencies 64200Activities of holding companies 64210Activities of holding companies

Joint committees (1)

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-4,1 k €	-304%	2 k €	+145%	-4,4 k €	+83.4%	-26,7 k €	-119%	137,1 k €	-3.2%	141,6 k €	-30.5%	203,7 k €	+12.4%	181,2 k €	-4.3%	189,2 k €	-18.5%	232,1 k €	-26.6%	316,3 k €	+89.7%	166,8 k €	-27.5%	230,1 k €	+46.0%	157,6 k €	-18.8%	194,1 k €
EBITDA	-6,4 k €	-485%	1,6 k €	+119%	-8,8 k €	+53.4%	-18,9 k €	-832%	-2 k €	-120%	10,3 k €	-86.1%	74 k €	+1.2%	73,2 k €	-12.5%	83,6 k €	-17.6%	101,4 k €	-27.9%	140,6 k €	+14878%	938,8 €	-99.0%	92,7 k €	+109%	44,3 k €	-46.1%	82,3 k €
Operating result	-20 k €	+46.2%	-37,1 k €	-321%	-8,8 k €	+53.4%	-18,9 k €	-832%	-2 k €	-120%	10,3 k €	-30.0%	14,7 k €	+21.7%	12,1 k €	-52.5%	25,4 k €	-7.5%	27,5 k €	-52.9%	58,4 k €	+179%	-74,2 k €	-457%	20,8 k €	+298%	-10,5 k €	-135%	30,3 k €
Net result	-24,2 k €	+36.5%	-38,1 k €	-299%	-9,5 k €	+51.7%	-19,7 k €	-208%	-6,4 k €	-1323%	522,6 €	+651%	-94,9 €	-111%	846,4 €	+2110%	38,3 €	-98.2%	2,2 k €	+129%	954,9 €	+102%	-47,3 k €	-5232%	921,4 €	+102%	-38,1 k €	-291%	19,9 k €
Balance sheet
Equity	-235,4 €	-101%	23,9 k €	-61.4%	62 k €	-13.3%	71,5 k €	-21.6%	91,2 k €	-6.5%	97,6 k €	+0.5%	97,1 k €	-0.1%	97,2 k €	+0.9%	96,4 k €	+21.7%	79,2 k €	+2.8%	77 k €	+1.3%	76 k €	-38.4%	123,3 k €	+0.8%	122,4 k €	-23.8%	160,5 k €
Total assets	225,1 €	-99.2%	28,9 k €	-54.8%	63,9 k €	-48.1%	123,2 k €	-7.9%	133,7 k €	-20.3%	167,8 k €	+3.6%	162 k €	+3.0%	157,2 k €	-51.2%	322,5 k €	+8.8%	296,5 k €	-22.6%	383,2 k €	-8.7%	419,8 k €	-15.7%	497,7 k €	+56.2%	318,6 k €	-6.6%	340,9 k €
Cash	225,1 €	+159%	86,8 €	-90.0%	871,9 €	-91.7%	10,5 k €	-40.4%	17,7 k €	+92.4%	9,2 k €	+81.2%	5,1 k €	+129%	2,2 k €	-94.2%	38,3 k €		–		20,9 k €	+48.9%	14 k €	-18.5%	17,2 k €	+209%	5,6 k €	-40.8%	9,4 k €
Debts	460,5 €	-90.8%	5 k €	+161%	1,9 k €	-96.3%	51,7 k €	+21.7%	42,5 k €	-39.5%	70,2 k €	+8.2%	64,9 k €	+8.1%	60 k €	-73.4%	225,6 k €	+4.0%	216,9 k €	-29.2%	306,2 k €	-10.9%	343,7 k €	-8.2%	374,4 k €	+90.9%	196,2 k €	+8.8%	180,4 k €
Other
Workforce	–		–		–		–		–		4,9 ETP	+40.0%	3,5 ETP	+20.7%	2,9 ETP	-14.7%	3,4 ETP	0.0%	3,4 ETP	-27.7%	4,7 ETP	+14.6%	4,1 ETP	-10.9%	4,6 ETP	+17.9%	3,9 ETP	+56.0%	2,5 ETP

Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active · 8 ended

Active mandates

Sonia De Vlieger

Administrator - manager

Active

Ended mandates

Geert Van Keer

Associate

Ended

MC Consulting

Administrator - manager · 0896.925.346

Represented by Reinhart Macharis

Ended

MC Consulting

Manager · 0896.925.346

Represented by Reinhart Macharis

Ended

MC Consutlng

Administrator - manager · 0896.925.346

Represented by Reinhart Macharis

Ended

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Annual accounts

Full financial information

	2020	2019	2018	2017	2016	2015
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016	01/01/2015
Closing of the financial year	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016	31/12/2015
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/06/2021	31/08/2020	31/08/2019	31/12/2018	27/10/2017	31/08/2016
General meeting	27/05/2021	26/06/2020	28/06/2019	30/06/2018	30/06/2017	30/06/2016
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2020	27/05/2021	25/06/2021	Dutch	PDF
Micro model	31/12/2019	26/06/2020	31/08/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	31/08/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	31/12/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	27/10/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	25/10/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	19/11/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/08/2011	26/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	26/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	30/09/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	29/08/2007	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active · 8 ended

Active mandates

Sonia De Vlieger

Administrator - manager

Active

Ended mandates

Geert Van Keer

Associate

Ended

MC Consulting

Administrator - manager · 0896.925.346

Represented by Reinhart Macharis

Ended

MC Consulting

Manager · 0896.925.346

Represented by Reinhart Macharis

Ended

MC Consutlng

Administrator - manager · 0896.925.346

Represented by Reinhart Macharis

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office11/05/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/12/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/12/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates01/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/12/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/12/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/03/2009
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2020
Annual accounts 2020-24,2 k €↑
2019
Annual accounts 2019-38,1 k €↓
2018
Annual accounts 2018-9,5 k €↑
2017
Annual accounts 2017-19,7 k €↓
2016
Annual accounts 2016-6,4 k €↓
2015
Annual accounts 2015522,6 €↑
2014
Annual accounts 2014-94,9 €↓
2013
Annual accounts 2013846,4 €↑
2012
Annual accounts 201238,3 €↓
2011
Annual accounts 20112,2 k €↑
2010
Annual accounts 2010954,9 €↑
2009
Annual accounts 2009-47,3 k €↓
2008
Annual accounts 2008921,4 €↑
2007
Annual accounts 2007-38,1 k €↓
2006
Annual accounts 200619,9 k €
17/10/1983
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

WORKFORCE SOLUTIONS

Overview

What does WORKFORCE SOLUTIONS do?

Trend over 15 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline