ACTIVE

Start People Services

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Financial year 2025 · closed on 31/12/2025

Net result

-377,7 k €

-164.3% YoY

Revenue

27,8 M €

-0.9% YoY

Equity

2,4 M €

-13.7% YoY

Workforce

751,5 ETP

-3.4% YoY

What does Start People Services do?

Start People Services is a Public limited company incorporated in 1997. Its main activity is: General cleaning of buildings. Its registered office is in Antwerpen. It employs on average 751,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.708.338

Incorporation

03/01/1997

Legal form

Public limited company

Registered office

Frankrijklei 101
2000 Antwerpen · FlandreSee on map

Contributed capital

97 000,00 €

Latest accounts

31/12/2025

Average workforce

751,5 ETP

Activities (NACE)

81210General cleaning of buildings· main 82100Office administrative and support activities 82110Combined office administrative service activities 96910Other personal service activities

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	27,8 M €	-0.9%	28,1 M €	+6.2%	26,4 M €	+6.2%	24,9 M €	+2.2%	24,4 M €	+15.6%	21,1 M €	-20.8%	26,6 M €	+1.4%	26,2 M €	+0.0%	26,2 M €	-1.5%	26,6 M €	-2.6%	27,4 M €	-3.0%	28,2 M €	-2.5%	28,9 M €	+0.7%	28,7 M €	+1.2%	28,4 M €	+0.7%	28,2 M €	-5.1%	29,7 M €	-1.6%	30,2 M €
EBITDA	-425,8 k €	-178%	547,6 k €	+182%	193,9 k €	+263%	-119,1 k €	-120%	588,6 k €	+5791%	-10,3 k €	-101%	1,1 M €	+11.5%	1 M €	+3.9%	962,8 k €	-1.3%	975,3 k €	-22.2%	1,3 M €	-18.7%	1,5 M €	-2.9%	1,6 M €	+22.3%	1,3 M €	-35.5%	2 M €	-56.9%	4,7 M €	-17.5%	5,7 M €	-7.9%	6,2 M €
Operating result	-431,9 k €	-180%	542,3 k €	+187%	188,9 k €	+249%	-126,9 k €	-122%	583,1 k €	+3530%	-17 k €	-102%	1,1 M €	+10.8%	997,6 k €	+3.7%	962,3 k €	-1.3%	974,6 k €	-22.2%	1,3 M €	-18.7%	1,5 M €	-2.9%	1,6 M €	+22.1%	1,3 M €	-35.4%	2 M €	-57.0%	4,7 M €	-17.2%	5,7 M €	-8.0%	6,1 M €
Net result	-377,7 k €	-164%	587,5 k €	+370%	124,9 k €	+217%	39,4 k €	-90.9%	434,7 k €	+573%	-92 k €	-113%	710,4 k €	+4.9%	676,9 k €	+22.6%	552 k €	-19.4%	684,9 k €	-23.5%	894,8 k €	-21.4%	1,1 M €	+2.1%	1,1 M €	+18.2%	943,4 k €	-41.6%	1,6 M €	-49.1%	3,2 M €	-14.0%	3,7 M €	-15.2%	4,4 M €
Balance sheet
Equity	2,4 M €	-13.7%	2,8 M €	+27.2%	2,2 M €	+6.1%	2 M €	+2.0%	2 M €	+27.8%	1,6 M €	-5.6%	1,7 M €	+75.1%	946,3 k €	-94.8%	18,3 M €	+3.1%	17,7 M €	+4.0%	17 M €	+5.5%	16,1 M €	+7.6%	15 M €	+8.0%	13,9 M €	+7.3%	12,9 M €	+14.3%	11,3 M €	+38.9%	8,2 M €	+82.8%	4,5 M €
Total assets	6,3 M €	-0.2%	6,4 M €	+8.4%	5,9 M €	+3.1%	5,7 M €	-0.6%	5,7 M €	+15.4%	5 M €	-3.7%	5,1 M €	-77.3%	22,7 M €	+1.3%	22,4 M €	+0.1%	22,4 M €	+4.4%	21,4 M €	+2.8%	20,8 M €	+2.5%	20,3 M €	+3.7%	19,6 M €	-8.5%	21,4 M €	+17.6%	18,2 M €	+17.5%	15,5 M €	+28.4%	12,1 M €
Cash	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		10,1 M €
Debts	3,9 M €	+8.1%	3,6 M €	-2.9%	3,7 M €	+2.3%	3,6 M €	-2.3%	3,7 M €	+9.7%	3,4 M €	-2.3%	3,4 M €	-84.2%	21,7 M €	+463%	3,9 M €	-11.6%	4,4 M €	+5.8%	4,1 M €	-7.9%	4,5 M €	-12.1%	5,1 M €	-8.1%	5,5 M €	-33.8%	8,4 M €	+21.9%	6,9 M €	-6.8%	7,4 M €	-3.3%	7,6 M €
Other
Workforce	751,5 ETP	-3.4%	778,3 ETP	+1.6%	766,4 ETP	-3.8%	796,5 ETP	-2.7%	818,9 ETP	-3.0%	844,4 ETP	-4.3%	882,0 ETP	-4.1%	920,0 ETP	-1.9%	938,0 ETP	+0.3%	935,5 ETP	-2.1%	955,5 ETP	+0.4%	952,0 ETP	-3.1%	982,5 ETP	+2.2%	961,0 ETP	+1.4%	948,0 ETP	-0.3%	950,4 ETP	-0.6%	956,5 ETP	-0.4%	960,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 53 ended

Active mandates

Q-Finance

Director · since 03 juin 2024 · until 03 juin 2030 · 0808.960.895

Represented by Erik De Cock

Active

Ann Martens

Director · since 07 juin 2022 · until 06 juin 2028

Active

Kristof Beeckmans

Director · since 07 juin 2022 · until 06 juin 2028

Active

Scheerlinck Consulting

Director · since 01 mai 2021 · until 07 juin 2027 · 0766.795.985

Represented by Katty Scheerlinck

Active

Ended mandates

Katty Scheerlinck

Director · since 03 juin 2019 · until 30 avril 2021

Ended

Katty Scheerlinck

Director · since 03 juin 2019 · until 03 juin 2024

Ended

Q-Finance

Director · since 03 juin 2019 · until 03 juin 2024 · 0808.960.895

Represented by Erik De Cock

Ended

Q-Finance

Director · since 03 juin 2019 · until 03 juin 2024 · 0808.960.895

Represented by Erik De Cock

Ended

At this address

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START PEOPLE ABROAD● Active	0402.725.588
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THE CREW FLEX● Active	0822.205.949
UNIQUE● Active	0402.724.895
UNIQUE CAREER● Active	0455.516.354
USG PEOPLE BTW GROEP● Active	0841.698.890
USG Professionals● Active	0433.236.444
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VANDERSTEEN ASSOCIATES● Liquidation	0437.221.956

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	16/06/2026	17/06/2025	20/06/2024	13/06/2023	20/06/2022	25/06/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	01/06/2026	16/06/2026	Dutch	PDF
Full model	31/12/2024	02/06/2025	17/06/2025	Dutch	PDF
Full model	31/12/2023	03/06/2024	20/06/2024	Dutch	PDF
Full model	31/12/2022	05/06/2023	13/06/2023	Dutch	PDF
Full model	31/12/2021	07/06/2022	20/06/2022	Dutch	PDF
Full model	31/12/2020	07/06/2021	25/06/2021	Dutch	PDF
Full model	31/12/2019	02/06/2020	15/06/2020	Dutch	PDF
Full model	31/12/2018	03/06/2019	25/06/2019	Dutch	PDF
Full model	31/12/2017	04/06/2018	04/07/2018	Dutch	PDF
Full modelCorrection	31/12/2016	06/06/2017	27/12/2017	Dutch	PDF
Full model	31/12/2016	06/06/2017	18/08/2017	Dutch	PDF
Full model	31/12/2015	06/06/2016	30/06/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	03/07/2015	Dutch	PDF
Full model	31/12/2013	13/06/2014	16/06/2014	Dutch	PDF
Full model	31/12/2012	03/06/2013	25/06/2013	Dutch	PDF
Full model	31/12/2011	04/06/2012	25/07/2012	Dutch	PDF
Full model	31/12/2010	06/06/2011	17/06/2011	Dutch	PDF
Full model	31/12/2009	07/06/2010	22/06/2010	Dutch	PDF
Full model	31/12/2008	02/06/2009	16/06/2009	Dutch	PDF
Full model	31/12/2007	02/06/2008	01/07/2008	Dutch	PDF
Full model	31/12/2006	15/06/2007	20/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 53 ended

Active mandates

Q-Finance

Director · since 03 juin 2024 · until 03 juin 2030 · 0808.960.895

Represented by Erik De Cock

Active

Ann Martens

Director · since 07 juin 2022 · until 06 juin 2028

Active

Kristof Beeckmans

Director · since 07 juin 2022 · until 06 juin 2028

Active

Scheerlinck Consulting

Director · since 01 mai 2021 · until 07 juin 2027 · 0766.795.985

Represented by Katty Scheerlinck

Active

Ended mandates

Katty Scheerlinck

Director · since 03 juin 2019 · until 30 avril 2021

Ended

Katty Scheerlinck

Director · since 03 juin 2019 · until 03 juin 2024

Ended

Q-Finance

Director · since 03 juin 2019 · until 03 juin 2024 · 0808.960.895

Represented by Erik De Cock

Ended

Q-Finance

Director · since 03 juin 2019 · until 03 juin 2024 · 0808.960.895

Represented by Erik De Cock

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/01/2023
KAPITAAL - AANDELEN
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 2025-377,7 k €↓
2024
Annual accounts 2024587,5 k €↑
2023
Annual accounts 2023124,9 k €↑
2022
Annual accounts 202239,4 k €↓
2021
Annual accounts 2021434,7 k €↑
2020
Annual accounts 2020-92 k €↓
2019
Annual accounts 2019710,4 k €↑
2018
Annual accounts 2018676,9 k €↑
2017
Annual accounts 2017552 k €↓
2016
Annual accounts 2016684,9 k €↓
2015
Annual accounts 2015894,8 k €↓
2014
Annual accounts 20141,1 M €↑
2013
Annual accounts 20131,1 M €↑
2012
Annual accounts 2012943,4 k €↓
2011
Annual accounts 20111,6 M €↓
2010
Annual accounts 20103,2 M €↓
2009
Annual accounts 20093,7 M €↓
2008
Annual accounts 20084,4 M €
03/01/1997
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

Start People Services

Overview

What does Start People Services do?

Trend over 18 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