ACTIVE

We and Work

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Financial year 2025 · closed on 31/12/2025
Net result
-70,9 k €
-120.1% YoY
Gross margin
6,3 M €
-16.6% YoY
Equity
465,6 k €
-20.1% YoY
Workforce
72,5 ETP
-9.4% YoY

What does We and Work do?

We and Work is a Cooperative society incorporated in 2014. Its main activity is: Activities of employment placement agencies. Its registered office is in Antwerpen. It employs on average 72,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0505.788.583
Incorporation
28/11/2014
Legal form
Cooperative society
Registered office
Brusselstraat 51
2018 Antwerpen · FlandreSee on map
Contributed capital
646 842,00 €
Latest accounts
31/12/2025
Average workforce
72,5 ETP
Activities (NACE)
78100Activities of employment placement agencies· main78100Activities of employment placement agencies
Joint committees (3)
  • 200
  • 218
  • 322
Contacts
3 public details availableLog in to view
Signals
Solid equityGood liquidityPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin6,3 M €7,5 M €4,3 M €4,8 M €5 M €3,8 M €3,8 M €3,9 M €
EBITDA59,6 k €590,4 k €-41,2 k €183,9 k €116,2 k €133,1 k €-439,2 k €70 k €
Operating result34,2 k €573,5 k €-53,2 k €174,3 k €99,6 k €118,7 k €-452,3 k €59,9 k €
Net result-70,9 k €353,6 k €-96,6 k €65,3 k €68 k €82,1 k €-489,3 k €-7,1 k €
Balance sheet
Equity465,6 k €582,5 k €217,5 k €387,6 k €466,6 k €394,2 k €107 k €589,3 k €
Total assets1,3 M €2 M €1,2 M €1,4 M €1,4 M €988,3 k €1,2 M €1,6 M €
Cash153,8 k €709,3 k €251,4 k €486,7 k €459,9 k €50,5 k €19,2 k €428,5 k €
Debts837,9 k €1,4 M €1 M €981,7 k €924,8 k €594 k €1,1 M €952,8 k €
Other
Workforce72,5 ETP80,0 ETP61,6 ETP69,3 ETP75,0 ETP68,4 ETP63,8 ETP71,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 8 ended

Active mandates

An SERVAES

Director · since 28 mai 2018

Active
Manuela MARCOCCI

Director · since 09 juin 2016

Active
Ingrid VERDUYN

Managing director · since 02 décembre 2014

Active
Paul GRÉANT

Managing director · since 02 décembre 2014

Active
TINIE VERMEULEN

Mandate

Active

Ended mandates

Tinie VERMEULEN

Director · since 08 juin 2023

Ended
Liesbeth Van Dijck

Manager · since 09 juin 2016 · until 09 juin 2021

Ended
Manuela Marcocci

Manager · since 09 juin 2016 · until 09 juin 2021

Ended
Ingrid Verduyn

Manager · since 27 novembre 2014 · until 26 novembre 2019

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/07/202611/07/202512/07/202414/07/202328/07/202228/07/2021
General meeting04/06/202612/06/202513/06/202408/06/202309/06/202210/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/06/202603/07/2026DutchPDF
Abridged model31/12/202412/06/202511/07/2025DutchPDF
Abridged model31/12/202313/06/202412/07/2024DutchPDF
Abridged model31/12/202208/06/202314/07/2023DutchPDF
Abridged model31/12/202109/06/202228/07/2022DutchPDF
Abridged model31/12/202010/06/202128/07/2021DutchPDF
Abridged model31/12/201911/06/202016/07/2020DutchPDF
Abridged model31/12/201813/06/201911/07/2019DutchPDF
Micro model31/12/201714/06/201829/06/2018DutchPDF
Micro model31/12/201608/06/201721/06/2017DutchPDF
Abridged model31/12/201509/06/201617/06/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 5 active · 8 ended

Active mandates

An SERVAES

Director · since 28 mai 2018

Active
Manuela MARCOCCI

Director · since 09 juin 2016

Active
Ingrid VERDUYN

Managing director · since 02 décembre 2014

Active
Paul GRÉANT

Managing director · since 02 décembre 2014

Active
TINIE VERMEULEN

Mandate

Active

Ended mandates

Tinie VERMEULEN

Director · since 08 juin 2023

Ended
Liesbeth Van Dijck

Manager · since 09 juin 2016 · until 09 juin 2021

Ended
Manuela Marcocci

Manager · since 09 juin 2016 · until 09 juin 2021

Ended
Ingrid Verduyn

Manager · since 27 novembre 2014 · until 26 novembre 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other13/07/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/06/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/06/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/12/2014
    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

Timeline

  1. 2025
    Annual accounts 2025-70,9 k €↓
  2. 2024
    Annual accounts 2024353,6 k €↑
  3. 2023
    Annual accounts 2023-96,6 k €↓
  4. 2022
    Annual accounts 202265,3 k €↓
  5. 2021
    Annual accounts 202168 k €↓
  6. 2020
    Annual accounts 202082,1 k €↑
  7. 2019
    Annual accounts 2019-489,3 k €↓
  8. 2018
    Annual accounts 2018-7,1 k €
  9. 28/11/2014
    IncorporationCooperative society