OPENING OF BANKRUPTCY

WORKERO

Financial year 2024 · closed on 31/12/2024
Net result
5,1 M €
+438.1% YoY
Gross margin
54,2 k €
+109.9% YoY
Equity
-1,5 M €
+77.7% YoY
Workforce
3,1 ETP
-27.9% YoY

Company — Opening of bankruptcy.

What does WORKERO do?

WORKERO is a Public limited company incorporated in 2017. Its registered office is in Bruxelles. It employs on average 3,1 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0681.884.462
Incorporation
28/09/2017
Legal form
Public limited company
Registered office
Avenue des Arts 56
1000 Bruxelles · BruxellesSee on map
Contributed capital
1 666 668,00 €
Latest accounts
31/12/2024
Average workforce
3,1 ETP
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflow
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2024202320222021202020192018
Income statement
Gross margin54,2 k €-547,7 k €-778,1 k €-663,4 k €-569,7 k €-713,2 k €-627,7 k €
EBITDA-150,3 k €-828,2 k €-1,1 M €-820,9 k €-824,2 k €-947,2 k €-726,4 k €
Operating result-543,6 k €-1,2 M €-1,5 M €-1,2 M €-1,2 M €-1,3 M €-1 M €
Net result5,1 M €-1,5 M €-1,7 M €-1,4 M €-1,3 M €-1,3 M €-1 M €
Balance sheet
Equity-1,5 M €-6,6 M €-5,1 M €-3,4 M €-2 M €-653,4 k €654 k €
Total assets974,3 k €1,4 M €1,3 M €1,5 M €1,5 M €1,5 M €1,3 M €
Cash13,2 k €20,7 k €70 k €95,9 k €75,9 k €116,3 k €43 k €
Debts2,4 M €7,7 M €6,1 M €4,6 M €3,3 M €2,1 M €649,3 k €
Other
Workforce3,1 ETP4,3 ETP5,3 ETP3,4 ETP5,1 ETP3,8 ETP1,7 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 13 ended

Active mandates

DORIAN GROEP

Director · since 02 juin 2023 · until 01 juin 2029 · 0837.393.377

Represented by Michel Vanstallen

Active
NOMAD OFFICE

Managing director · since 02 juin 2023 · until 01 juin 2029 · 0599.768.717

Represented by Dirk Paelinck

Active
PARPIMO

Director · since 02 juin 2023 · until 01 juin 2029 · 0476.329.980

Represented by Pierre Moorkens

Active

Ended mandates

DORIAN GROEP

Director · since 27 septembre 2017 · until 02 juin 2023 · 0837.393.377

Represented by Michel Vanstallen

Ended
FinNic

Director · since 27 septembre 2017 · until 24 juin 2022 · 0552.798.644

Represented by Nico Crauwels

Ended
FinNic

Director · since 27 septembre 2017 · until 02 juin 2023 · 0552.798.644

Represented by Nico Crauwels

Ended
FinNic

Director · since 27 septembre 2017 · until 02 juin 2023 · 0552.798.644

Represented by Nico Crauwels

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/10/202505/07/202429/06/202320/07/202202/07/202106/07/2020
General meeting27/06/202507/06/202402/06/202324/06/202204/06/202116/06/2020
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202427/06/202527/10/2025DutchPDF
Abridged model31/12/202307/06/202405/07/2024DutchPDF
Abridged model31/12/202202/06/202329/06/2023DutchPDF
Abridged model31/12/202124/06/202220/07/2022DutchPDF
Abridged model31/12/202004/06/202102/07/2021DutchPDF
Abridged model31/12/201916/06/202006/07/2020DutchPDF
Abridged model31/12/201828/06/201919/07/2019DutchPDF
Estimate

Indicative valuation

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 31/12/2024 · 3 active · 13 ended

Active mandates

DORIAN GROEP

Director · since 02 juin 2023 · until 01 juin 2029 · 0837.393.377

Represented by Michel Vanstallen

Active
NOMAD OFFICE

Managing director · since 02 juin 2023 · until 01 juin 2029 · 0599.768.717

Represented by Dirk Paelinck

Active
PARPIMO

Director · since 02 juin 2023 · until 01 juin 2029 · 0476.329.980

Represented by Pierre Moorkens

Active

Ended mandates

DORIAN GROEP

Director · since 27 septembre 2017 · until 02 juin 2023 · 0837.393.377

Represented by Michel Vanstallen

Ended
FinNic

Director · since 27 septembre 2017 · until 24 juin 2022 · 0552.798.644

Represented by Nico Crauwels

Ended
FinNic

Director · since 27 septembre 2017 · until 02 juin 2023 · 0552.798.644

Represented by Nico Crauwels

Ended
FinNic

Director · since 27 septembre 2017 · until 02 juin 2023 · 0552.798.644

Represented by Nico Crauwels

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/12/2017
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other02/10/2017
    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. 2024
    Annual accounts 20245,1 M €
  2. 2023
    Annual accounts 2023-1,5 M €
  3. 2022
    Annual accounts 2022-1,7 M €
  4. 2021
    Annual accounts 2021-1,4 M €
  5. 2020
    Annual accounts 2020-1,3 M €
  6. 2019
    Annual accounts 2019-1,3 M €
  7. 2018
    Annual accounts 2018-1 M €
  8. 28/09/2017
    IncorporationPublic limited company