ACTIVE

2WORK

Financial year 2025 · Closed on 31/12/2025

Net result61,5 k €-42,8 %over 1 year
Gross margin6,4 M €+15,1 %over 1 year
Equity499,4 k €+14,0 %over 1 year
Workforce66,3 ETP+13,3 %over 1 year

Identity

Source · BCE/KBO

2WORK is a Public limited company incorporated in 2018. Its main activity is: Temporary employment agency activities. Its registered office is in Herentals. It employs on average 66,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0688.891.030
Incorporation
25/01/2018
Legal form
Public limited company
Registered office
Zavelbosstraat(HRT) 3
2200 Herentals · FlandreSee on map
Contributed capital
375 000,00 €
Latest accounts
31/12/2025
Average workforce
66,3 ETP
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 9 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin6,4 M €5,5 M €4,5 M €3,4 M €2,8 M €
EBITDA265,1 k €266 k €162,5 k €91,4 k €179,8 k €
Operating result189 k €189,4 k €136,9 k €85,3 k €173,2 k €
Net result61,5 k €107,4 k €63,3 k €68 k €153,1 k €
Balance sheet
Equity499,4 k €438 k €330,6 k €267,3 k €199,4 k €
Total assets2,2 M €2,4 M €2,2 M €1,8 M €1,3 M €
Cash107,2 k €337,9 k €136,7 k €320,1 k €198,1 k €
Debts1,7 M €1,9 M €1,8 M €1,6 M €1,1 M €
Other
Workforce66,3 ETP58,5 ETP49,8 ETP42,8 ETP30,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Bart Vanstiphout
Director05/11/2019 → 04/06/2030Managing director05/11/2019 → 2023 accountsended
GENTALS0456.836.049Represented by Paul Peeters
Director25/01/2018 → 04/06/2030Chairman of the board of directors2018 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Pascal Meuris
Managing director2018 accounts

Other companies at this address

Zavelbosstraat(HRT) 3 2200 Herentals
CompanyCBE no.
7 M Systems● Active
0696.853.443
ANTROMA● Active
0465.006.914
CROCUS● Active
0862.553.197
0415.561.064
0458.794.459
GENTALS● Active
0456.836.049
1016.757.265
GENTALS IMMO● Active
0754.406.117
0458.994.397
0817.240.737
PlusVictor● Active
1020.003.203
Skill-Up● Active
1026.809.831
0406.990.917

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/10/2020
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 months3 months
Filing date26/07/202614/07/202514/08/202427/07/202315/07/202201/06/2021
General meeting29/06/202623/06/202528/06/202430/06/202327/06/202203/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202626/07/2026DutchPDF
Abridged model31/12/202423/06/202514/07/2025DutchPDF
Abridged model31/12/202328/06/202414/08/2024DutchPDF
Abridged model31/12/202230/06/202327/07/2023DutchPDF
Abridged model31/12/202127/06/202215/07/2022DutchPDF
Abridged model31/12/202003/05/202101/06/2021DutchPDF
Abridged modelCorrection30/09/202030/03/202101/06/2021DutchPDF
Abridged model30/09/202030/03/202105/05/2021DutchPDF
Abridged model31/12/201824/06/201911/07/2019DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Bart Vanstiphout
Director05/11/2019 → 04/06/2030Managing director05/11/2019 → 2023 accountsended
GENTALS0456.836.049Represented by Paul Peeters
Director25/01/2018 → 04/06/2030Chairman of the board of directors2018 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Pascal Meuris
Managing director2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/01/2021
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other07/01/2020
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates18/11/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/01/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings8 filings
Mandates
Bart Vanstiphout
GENTALS
Pascal Meuris
2018201920202021202220232024202520262027202820292030
2WORK
Zavelbosstraat(HRT) 3, 2200 Herentals
DirectorManaging director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Zavelbosstraat(HRT) 3, 2200 HerentalsCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00349681

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
2WORKCurrent
accounts 2018 → 2025
Accounts 2025 · 2026-00349681

Events

  1. 2025
    Annual accounts 202561,5 k €↓
  2. 2024
    Annual accounts 2024107,4 k €↑
  3. 2023
    Annual accounts 202363,3 k €↓
  4. 2022
    Annual accounts 202268 k €↓
  5. 2021
    Annual accounts 2021153,1 k €↑
  6. 2020
    Annual accounts 202020,2 k €↑
  7. 2020
    Annual accounts 2020-236,2 k €↓
  8. 2018
    Annual accounts 2018-112,8 k €
  9. 25/01/2018
    IncorporationPublic limited company