ACTIVE

PeopleWare

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Financial year 2025 · closed on 31/12/2025

Net result

532,5 k €

-21.4% YoY

Revenue

7,2 M €

-3.6% YoY

Equity

684 k €

-14.7% YoY

Workforce

48,0 ETP

-4.0% YoY

What does PeopleWare do?

PeopleWare is a Public limited company incorporated in 1994. Its registered office is in Lier. It employs on average 48,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.834.195

Incorporation

22/11/1994

Legal form

Public limited company

Registered office

Duwijckstraat 17
2500 Lier · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

48,0 ETP

Joint committees (3)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	7,2 M €	-3.6%	7,4 M €	-7.3%	8 M €	+14.9%	7 M €	+0.6%	6,9 M €	+13.1%	6,1 M €		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	770,2 k €	-23.8%	1 M €	-23.3%	1,3 M €	+19.2%	1,1 M €	+8.4%	1 M €	+27.6%	799,3 k €	+49.1%	536,2 k €	-29.2%	757,3 k €	+41.8%	534,2 k €	+8.8%	491,2 k €	+135%	209,4 k €	+75.9%	119 k €	-23.0%	154,5 k €	+188%	53,6 k €	-68.1%	167,7 k €	-35.5%	260,2 k €	+37.5%	189,2 k €	-73.4%	712,3 k €	+61.4%	441,3 k €	+94.6%	226,8 k €
Operating result	710,1 k €	-25.8%	956,5 k €	-23.7%	1,3 M €	+22.3%	1 M €	+4.5%	980,9 k €	+36.7%	717,7 k €	+56.6%	458,2 k €	-52.7%	968,6 k €	+111%	458,9 k €	+101%	228,1 k €	+124%	101,8 k €	+2110%	4,6 k €	-87.4%	36,6 k €	+126%	-141,1 k €	-410%	45,4 k €	-68.4%	143,8 k €	+185%	50,4 k €	-91.6%	598,2 k €	+79.9%	332,5 k €	+126%	147 k €
Net result	532,5 k €	-21.4%	677,7 k €	-23.9%	890,9 k €	+26.3%	705,1 k €	+6.4%	662,6 k €	+41.5%	468,3 k €	+85.1%	253 k €	-59.3%	622 k €	+3777%	16 k €	-83.2%	95,6 k €	+128%	41,9 k €	+7290%	567,4 €	-98.6%	41,5 k €	+130%	-140,2 k €	-2181%	6,7 k €	-16.5%	8,1 k €	+272%	-4,7 k €	-101%	471,3 k €	+147%	190,8 k €	+275%	50,9 k €
Balance sheet
Equity	684 k €	-14.7%	801,5 k €	-19.8%	998,8 k €	+0.1%	998 k €	-4.3%	1 M €	+18.5%	880,2 k €	+15.4%	763 k €	+20.2%	635 k €	+46.2%	434,4 k €	+3.8%	418,3 k €	+9.3%	382,7 k €	+12.3%	340,8 k €	+0.2%	340,2 k €	+13.9%	298,7 k €	-31.9%	438,9 k €	+1.6%	432,2 k €	-40.3%	724,1 k €	-3.3%	748,8 k €	+109%	357,5 k €	+44.9%	246,7 k €
Total assets	2,7 M €	-9.0%	3 M €	-2.9%	3,1 M €	+9.7%	2,8 M €	+7.0%	2,6 M €	+15.6%	2,3 M €	+26.5%	1,8 M €	+1.7%	1,8 M €	+40.5%	1,2 M €	-12.6%	1,4 M €	-0.2%	1,4 M €	+38.2%	1 M €	+17.2%	884,7 k €	+5.3%	840,5 k €	-33.2%	1,3 M €	-13.0%	1,4 M €	-9.0%	1,6 M €	-9.0%	1,7 M €	+27.8%	1,4 M €	+19.3%	1,1 M €
Cash	1,4 M €	+16.9%	1,2 M €	+14.5%	1,1 M €	+28.6%	836,1 k €	-32.0%	1,2 M €	+13.1%	1,1 M €	+293%	276,5 k €	-42.5%	480,8 k €	+13.2%	424,7 k €	+9.2%	388,9 k €	+84.7%	210,5 k €	+47.9%	142,3 k €	+105%	69,3 k €	-33.7%	104,4 k €	-34.2%	158,8 k €	+933%	15,4 k €	-89.9%	151,9 k €	-14.9%	178,6 k €	+1690%	10 k €	-90.1%	100,3 k €
Debts	1,6 M €	-15.5%	1,9 M €	+11.2%	1,7 M €	+6.2%	1,6 M €	+22.1%	1,3 M €	+16.5%	1,1 M €	+36.8%	818,8 k €	-17.2%	988,4 k €	+48.6%	665,2 k €	-25.8%	896,6 k €	-0.2%	898,6 k €	+42.9%	628,7 k €	+24.2%	506,3 k €	-4.1%	527,7 k €	-27.8%	730,9 k €	-18.6%	897,5 k €	+10.0%	816,2 k €	-11.2%	918,7 k €	-3.0%	947,3 k €	+13.1%	837,3 k €
Other
Workforce	48,0 ETP	-4.0%	50,0 ETP	-4.9%	52,6 ETP	+7.1%	49,1 ETP	-3.0%	50,6 ETP	+7.4%	47,1 ETP	+16.6%	40,4 ETP	+8.3%	37,3 ETP	+4.5%	35,7 ETP	+4.7%	34,1 ETP	+21.4%	28,1 ETP	+8.9%	25,8 ETP	+1.2%	25,5 ETP	-4.1%	26,6 ETP	+6.8%	24,9 ETP	+8.7%	22,9 ETP	-23.4%	29,9 ETP	-2.9%	30,8 ETP	+6.9%	28,8 ETP	+4.3%	27,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 24 ended

Active mandates

Eduard Lambaerts

Director

Active

Elisabeth Debruyn

Chairman of the board of directors

Active

Marc Schijvaerts

Managing director

Active

Werner Valgaeren

Managing director

Active

Ended mandates

Eduard Lambaerts

Director · since 05 octobre 2017

Ended

Liesbeth Debruyn

Director · since 05 octobre 2017

Ended

Hilde Van Laere

Director · since 08 juillet 2014

Ended

Dirk Couck

Director · since 27 mai 2011

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/06/2026	30/06/2025	28/06/2024	30/06/2023	30/06/2022	30/07/2021
General meeting	29/05/2026	06/06/2025	04/06/2024	26/05/2023	13/06/2022	28/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	03/06/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	04/06/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	13/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	27/05/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	15/07/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	26/07/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	13/06/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	17/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	22/08/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	20/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	30/07/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	24/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	13/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 31/12/2025 · 4 active · 24 ended

Active mandates

Eduard Lambaerts

Director

Active

Elisabeth Debruyn

Chairman of the board of directors

Active

Marc Schijvaerts

Managing director

Active

Werner Valgaeren

Managing director

Active

Ended mandates

Eduard Lambaerts

Director · since 05 octobre 2017

Ended

Liesbeth Debruyn

Director · since 05 octobre 2017

Ended

Hilde Van Laere

Director · since 08 juillet 2014

Ended

Dirk Couck

Director · since 27 mai 2011

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/01/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/12/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/12/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/11/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2010
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares02/06/2010
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 2025532,5 k €↓
2024
Annual accounts 2024677,7 k €↓
2023
Annual accounts 2023890,9 k €↑
2022
Annual accounts 2022705,1 k €↑
2021
Annual accounts 2021662,6 k €↑
2020
Annual accounts 2020468,3 k €↑
2019
Annual accounts 2019253 k €↓
2018
Annual accounts 2018622 k €↑
2017
Annual accounts 201716 k €↓
2016
Annual accounts 201695,6 k €↑
2015
Annual accounts 201541,9 k €↑
2014
Annual accounts 2014567,4 €↓
2013
Annual accounts 201341,5 k €↑
2012
Annual accounts 2012-140,2 k €↓
2011
Annual accounts 20116,7 k €↓
2010
Annual accounts 20108,1 k €↑
2009
Annual accounts 2009-4,7 k €↓
2008
Annual accounts 2008471,3 k €↑
2007
Annual accounts 2007190,8 k €↑
2006
Annual accounts 200650,9 k €
22/11/1994
IncorporationPublic 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

PeopleWare

Overview

What does PeopleWare do?

Trend over 20 financial years

Indicative valuation

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