ACTIVE

@ WORK

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Financial year 2025 · closed on 31/12/2025

Net result

1,2 k €

-92.5% YoY

Gross margin

57,4 k €

-17.7% YoY

Equity

351,5 k €

+0.3% YoY

What does @ WORK do?

@ WORK is a Private limited company incorporated in 2002. Its main activity is: Wholesale of clothing and footwear. Its registered office is in Merchtem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.933.837

Incorporation

04/12/2002

Legal form

Private limited company

Registered office

Koeweideblock 2 box C1
1785 Merchtem · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

46423Wholesale of clothing and footwear· main 46423Wholesale of clothing and footwear 51421Air transport

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	57,4 k €	-17.7%	69,7 k €	-21.8%	89,1 k €	+21.0%	73,7 k €	+156%	28,7 k €	-53.6%	61,9 k €	-9.5%	68,4 k €	+15.5%	59,2 k €	-19.3%	73,4 k €	+354%	16,2 k €	+5.1%	15,4 k €	-33.8%	23,2 k €	-20.2%	29,1 k €	-1.7%	29,6 k €	-16.0%	35,3 k €	+216%	11,2 k €	+768%	-1,7 k €	-103%	50,3 k €	-6.1%	53,6 k €
EBITDA	53,2 k €	-18.3%	65,2 k €	-23.2%	84,8 k €	+21.3%	70,0 k €	+185%	24,6 k €	-58.2%	58,8 k €	-12.6%	67,3 k €	+15.1%	58,5 k €	-19.2%	72,4 k €	+373%	15,3 k €	+5.1%	14,6 k €	-34.5%	22,2 k €	-21.8%	28,4 k €	-0.2%	28,4 k €	-16.4%	34,0 k €	+252%	9,7 k €	+396%	-3,3 k €	-107%	49,2 k €	-6.1%	52,4 k €
Operating result	20,0 k €	-37.0%	31,7 k €	-38.1%	51,3 k €	+125%	22,8 k €	+109%	10,9 k €	-58.7%	26,3 k €	-6.6%	28,2 k €	-37.9%	45,4 k €	+172%	16,7 k €	+220%	5,2 k €	-49.0%	10,2 k €	-36.9%	16,2 k €	-20.3%	20,3 k €	-16.0%	24,2 k €	-1.1%	24,5 k €	+785%	2,8 k €	+126%	-10,6 k €	-123%	45,7 k €	-1.4%	46,3 k €
Net result	1,2 k €	-92.5%	15,5 k €	-59.8%	38,5 k €	+160%	14,8 k €	+321%	3,5 k €	-81.5%	18,9 k €	-8.0%	20,6 k €	-36.8%	32,5 k €	+246%	9,4 k €	+608%	1,3 k €	-71.4%	4,6 k €	-49.6%	9,2 k €	-24.6%	12,2 k €	-29.9%	17,4 k €	+6.1%	16,4 k €	+355%	-6,4 k €	+65.7%	-18,7 k €	-164%	29,1 k €	+3.5%	28,2 k €
Balance sheet
Equity	351,5 k €	+0.3%	350,3 k €	+4.6%	334,9 k €	+13.0%	296,4 k €	+5.2%	281,6 k €	+1.3%	278,1 k €	+7.3%	259,2 k €	+8.6%	238,7 k €	+10.9%	215,1 k €	+4.6%	205,8 k €	+0.6%	204,4 k €	+2.3%	199,8 k €	+4.8%	190,6 k €	+6.8%	178,4 k €	+10.8%	161,0 k €	+11.3%	144,6 k €	-4.3%	151,0 k €	-11.0%	169,8 k €	+20.7%	140,6 k €
Total assets	764,7 k €	-6.3%	815,8 k €	-6.2%	869,7 k €	-3.2%	898,9 k €	-3.0%	926,7 k €	-2.2%	947,3 k €	-8.6%	1,0 M €	+112%	488,0 k €	+10.6%	441,2 k €	-14.7%	517,1 k €	-2.3%	529,4 k €	+1.0%	524,0 k €	-0.1%	524,7 k €	+6.9%	490,9 k €	+15.9%	423,4 k €	+4.2%	406,5 k €	-0.4%	408,2 k €	+0.2%	407,2 k €	-7.2%	438,6 k €
Cash	13,9 k €	-7.7%	15,0 k €	-41.4%	25,7 k €	-4.4%	26,8 k €	+124%	12,0 k €	-40.3%	20,0 k €	+152%	7,9 k €	-84.3%	50,7 k €	+266%	13,9 k €	+108%	6,7 k €	-61.6%	17,3 k €	+48.8%	11,6 k €	+77.8%	6,6 k €	+140%	2,7 k €	+364%	588,1 €	+497%	98,5 €	-22.4%	126,9 €	-58.4%	305,0 €	+578%	45,0 €
Debts	413,2 k €	-11.2%	465,5 k €	-13.0%	534,9 k €	-11.2%	602,5 k €	-6.6%	645,0 k €	-3.6%	669,2 k €	-13.9%	777,2 k €	+214%	247,2 k €	+10.4%	223,8 k €	-27.6%	309,1 k €	-4.2%	322,7 k €	+0.2%	321,9 k €	-3.6%	333,9 k €	+7.2%	311,6 k €	+19.2%	261,5 k €	+0.2%	261,0 k €	+1.8%	256,3 k €	+8.3%	236,6 k €	-20.2%	296,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Ignace HEYVAERT

Director

Active

Valérie CLINKEMALIE

Director

Active

Ended mandates

Valérie CLINKEMALIE

Manager · since 01 octobre 2011

Ended

Ignace HEYVAERT

Administrator - manager

Ended

Ignace HEYVAERT

Manager

Ended

Valérie CLINKEMALIE

Administrator - manager

Ended

At this address

Other companies at this address

Company	CBE no.
Chisel & Saw● Active	0757.770.136
DCL Production● Active	1027.868.814
Diëlectricum● Active	0553.548.217
FULL CONTROL● Active	0433.001.169
JASPER VAN CALSTER ALGEMENE SCHRIJNWERKERIJ● Active	0660.870.502
MORE OR LESS● Active	0847.315.586
PROTON PRODUCTS EUROPE● Active	0874.001.870
VERENIGING VAN MEDEEIGENAARS TERSPELT BUSINESS PARK TE 1785 MERCHTEM, KOEWEIDEBLOCK 2● Active	0736.740.635
WEEPEE● Active	0886.187.743
WVDE Services● Active	0724.998.190

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro 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	31/07/2026	29/07/2025	17/06/2024	26/07/2023	29/09/2022	30/08/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	16/05/2023	17/05/2022	18/05/2021
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
Micro model	31/12/2025	19/05/2026	31/07/2026	Dutch	PDF
Micro model	31/12/2024	20/05/2025	29/07/2025	Dutch	PDF
Micro model	31/12/2023	21/05/2024	17/06/2024	Dutch	PDF
Micro model	31/12/2022	16/05/2023	26/07/2023	Dutch	PDF
Micro model	31/12/2021	17/05/2022	29/09/2022	Dutch	PDF
Abridged model	31/12/2020	18/05/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	19/05/2020	31/10/2020	Dutch	PDF
Micro model	31/12/2018	21/05/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	15/05/2018	28/08/2018	Dutch	PDF
Abridged model	31/12/2016	16/05/2017	07/08/2017	Dutch	PDF
Abridged model	31/12/2015	17/05/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	19/05/2015	06/07/2015	Dutch	PDF
Abridged model	31/12/2013	20/05/2014	11/07/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/05/2012	05/07/2012	Dutch	PDF
Abridged model	31/12/2010	17/05/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	18/05/2010	22/07/2010	Dutch	PDF
Abridged model	31/12/2008	19/05/2009	01/07/2009	Dutch	PDF
Abridged model	31/12/2007	20/05/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	15/05/2007	02/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 2 active · 4 ended

Active mandates

Ignace HEYVAERT

Director

Active

Valérie CLINKEMALIE

Director

Active

Ended mandates

Valérie CLINKEMALIE

Manager · since 01 octobre 2011

Ended

Ignace HEYVAERT

Administrator - manager

Ended

Ignace HEYVAERT

Manager

Ended

Valérie CLINKEMALIE

Administrator - manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/10/2019
MAATSCHAPPELIJKE ZETEL
PDF
Registered office31/08/2012
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/11/2011
ONTSLAGEN - BENOEMINGEN
PDF
Other11/12/2002
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 20251,2 k €↓
2024
Annual accounts 202415,5 k €↓
2023
Annual accounts 202338,5 k €↑
2022
Annual accounts 202214,8 k €↑
2021
Annual accounts 20213,5 k €↓
2020
Annual accounts 202018,9 k €↓
2019
Annual accounts 201920,6 k €↓
2018
Annual accounts 201832,5 k €↑
2017
Annual accounts 20179,4 k €↑
2016
Annual accounts 20161,3 k €↓
2015
Annual accounts 20154,6 k €↓
2014
Annual accounts 20149,2 k €↓
2013
Annual accounts 201312,2 k €↓
2012
Annual accounts 201217,4 k €↑
2011
Annual accounts 201116,4 k €↑
2010
Annual accounts 2010-6,4 k €↑
2009
Annual accounts 2009-18,7 k €↓
2008
Annual accounts 200829,1 k €↑
2007
Annual accounts 200728,2 k €
04/12/2002
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

@ WORK

Overview

What does @ WORK do?

Trend over 19 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