ACTIVE

Worksgroup

Financial year 2025 · closed on 31/12/2025
Net result
-239,3 k €
-370.8% YoY
Gross margin
1,9 M €
+11.4% YoY
Equity
126 k €
-65.5% YoY
Workforce
26,0 ETP
-1.9% YoY

What does Worksgroup do?

Worksgroup is a Public limited company incorporated in 2017. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Stabroek. It employs on average 26,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0681.536.648
Incorporation
19/09/2017
Legal form
Public limited company
Registered office
Abtsdreef 145 box A20
2940 Stabroek · FlandreSee on map
Contributed capital
117 600,00 €
Latest accounts
31/12/2025
Average workforce
26,0 ETP
Joint committees (2)
  • 121
  • 200
Contacts
2 public details availableLog in to view
Signals
Positive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin1,9 M €1,7 M €1,8 M €1,7 M €1,1 M €1,3 M €939 k €331,7 k €
EBITDA144,5 k €256,8 k €214 k €214,5 k €99,3 k €72,4 k €18,8 k €37,8 k €
Operating result61,7 k €165,3 k €133,8 k €156,4 k €48,9 k €30,7 k €-10,7 k €21,2 k €
Net result-239,3 k €88,4 k €45 k €108,8 k €6,7 k €-5,5 k €716,5 €3,5 k €
Balance sheet
Equity126 k €365,3 k €276,9 k €231,9 k €24,1 k €17,3 k €22,8 k €22,1 k €
Total assets1,8 M €1,5 M €1,5 M €1,1 M €1 M €1 M €617,2 k €540,5 k €
Cash10,6 k €72,6 k €95,9 k €25,1 k €121,3 k €136,2 k €26,7 k €57,7 k €
Debts1,7 M €1,2 M €1,2 M €865,6 k €989,2 k €1 M €594,4 k €517 k €
Other
Workforce26,0 ETP26,5 ETP27,0 ETP26,9 ETP24,1 ETP33,5 ETP19,4 ETP6,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 11 ended

Active mandates

G-WORKS

Director · since 30 juin 2022 · until 29 juin 2028 · 0699.835.105

Represented by Glenn Buytaert

Active
Gantois Invest

Director · since 30 juin 2022 · until 29 juin 2028 · 0720.738.506

Represented by Kenneth Gantois

Active

Ended mandates

G-WORKS

Director · since 30 juin 2022 · until 29 juin 2030 · 0699.835.105

Represented by Glenn Buytaert

Ended
GRVT INVEST

Director · since 30 juin 2022 · until 05 décembre 2024 · 0782.706.262

Represented by Gianni Russo

Ended
GRVT INVEST

Director · since 30 juin 2022 · until 29 juin 2028 · 0782.706.262

Represented by Gianni RUSSO

Ended
KENNETH GANTOIS

Manager · since 01 février 2019

Ended
At this address

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WorksgroupActive
0719.944.292
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 date30/07/202601/07/202502/07/202413/07/202313/05/202208/07/2021
General meeting30/06/202626/06/202528/06/202423/06/202325/04/202225/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202630/07/2026DutchPDF
Abridged model31/12/202426/06/202501/07/2025DutchPDF
Abridged model31/12/202328/06/202402/07/2024DutchPDF
Abridged model31/12/202223/06/202313/07/2023DutchPDF
Abridged model31/12/202125/04/202213/05/2022DutchPDF
Abridged model31/12/202025/06/202108/07/2021DutchPDF
Abridged model31/12/201926/06/202010/07/2020DutchPDF
Abridged model31/12/201828/06/201908/07/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 11 ended

Active mandates

G-WORKS

Director · since 30 juin 2022 · until 29 juin 2028 · 0699.835.105

Represented by Glenn Buytaert

Active
Gantois Invest

Director · since 30 juin 2022 · until 29 juin 2028 · 0720.738.506

Represented by Kenneth Gantois

Active

Ended mandates

G-WORKS

Director · since 30 juin 2022 · until 29 juin 2030 · 0699.835.105

Represented by Glenn Buytaert

Ended
GRVT INVEST

Director · since 30 juin 2022 · until 05 décembre 2024 · 0782.706.262

Represented by Gianni Russo

Ended
GRVT INVEST

Director · since 30 juin 2022 · until 29 juin 2028 · 0782.706.262

Represented by Gianni RUSSO

Ended
KENNETH GANTOIS

Manager · since 01 février 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office18/12/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/06/2020
    DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates07/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/06/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other21/09/2017
    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 2025-239,3 k €
  2. 2024
    Annual accounts 202488,4 k €
  3. 2023
    Annual accounts 202345 k €
  4. 2022
    Annual accounts 2022108,8 k €
  5. 2022
    Name changeWORKSGROUP
  6. 2021
    Annual accounts 20216,7 k €
  7. 2020
    Annual accounts 2020-5,5 k €
  8. 2019
    Annual accounts 2019716,5 €
  9. 2018
    Annual accounts 20183,5 k €
  10. 2018
    Name changeALPINEWORKS
  11. 19/09/2017
    IncorporationPublic limited company