ACTIVE

PAYROLLER

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
472,1 k €
+1.3% YoY
Revenue
14,3 M €
+16.8% YoY
Equity
2,1 M €
+28.8% YoY
Workforce
244,0 ETP
+13.8% YoY

What does PAYROLLER do?

PAYROLLER is a Private limited company incorporated in 2018. Its main activity is: Activities of employment placement agencies. Its registered office is in Sint-Martens-Latem. It employs on average 244,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0690.862.704
Incorporation
22/02/2018
Legal form
Private limited company
Registered office
Kortrijksesteenweg 180 box 5
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital
200 000,00 €
Latest accounts
31/12/2025
Average workforce
244,0 ETP
Activities (NACE)
78100Activities of employment placement agencies· main78100Activities of employment placement agencies78200Temporary employment agency activities78200Temporary employment agency activities78200Temporary employment agency activities78300Other human resources provision+4
Joint committees (2)
  • 200
  • 322
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Revenue14,3 M €12,2 M €–––
EBITDA914 k €774,8 k €419,5 k €715,7 k €362,1 k €
Operating result809,4 k €647,1 k €337,9 k €613,8 k €241,7 k €
Net result472,1 k €466,1 k €238,7 k €456,4 k €176,3 k €
Balance sheet
Equity2,1 M €1,6 M €1,2 M €936 k €479,6 k €
Total assets3,6 M €2,9 M €2,2 M €2,1 M €1,4 M €
Cash1,4 M €1 M €683,6 k €808,5 k €487,7 k €
Debts1,5 M €1,3 M €938,6 k €1,2 M €936,9 k €
Other
Workforce244,0 ETP214,4 ETP173,6 ETP–106,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 11 ended

Active mandates

Dieter Lembrechts

Director · since 08 septembre 2022

Active
Cennini Holding

Director · since 12 décembre 2019 · 0429.214.904

Represented by Edward CLAEYS

Active
Happy Hour

Managing director · since 12 décembre 2019 · 0647.887.843

Represented by Nicolas Moerman

Active
TOMAKIN

Managing director · since 12 décembre 2019 · 0541.400.550

Represented by Mathieu Vandenhende

Active

Ended mandates

Dieter Lembrechts

Bestuurder · since 08 septembre 2022

Ended
Cennini Holding

Bestuurder · since 12 décembre 2019 · 0429.214.904

Represented by Edward Claeys

Ended
Cennini Holding NV

Bestuurder · since 12 décembre 2019

Represented by Edward Claeys

Ended
Happy Hour

Bestuurder · since 12 décembre 2019 · 0647.887.843

Represented by Nicolas Moerman

Ended
At this address

Other companies at this address

CompanyCBE no.
ADMISOL● Active
0471.029.822
B+INVEST● Active
0828.301.608
B+invest2● Active
0846.382.012
CASA GRANDE● Active
0479.646.687
EPM Pharma Invest● Active
0538.590.817
Fausto Invest● Active
0846.507.419
Fin Experts● Bankrupt
1009.835.623
LES AMIS DE NORBERT● Active
0540.540.616
MAB Consult Europe● Active
0474.182.322
MGX Holding● Active
0748.498.916
Nestor● Active
0642.970.240
Nestor Holding● Active
0783.395.259
Nestor Partners● Active
1036.111.537
PhiDeX Inc.● Active
0563.943.350
RXW Group● Active
0505.854.901
VTS Consulting● Active
0682.595.433
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull 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 date24/08/202627/08/202527/08/202418/07/202316/09/202205/07/2021
General meeting30/06/202619/08/202518/06/202421/06/202308/09/202201/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202624/08/2026DutchPDF
Full model31/12/202419/08/202527/08/2025DutchPDF
Abridged model31/12/202318/06/202427/08/2024DutchPDF
Abridged model31/12/202221/06/202318/07/2023DutchPDF
Abridged model31/12/202108/09/202216/09/2022DutchPDF
Abridged model31/12/202001/07/202105/07/2021DutchPDF
Abridged model31/12/201906/07/202023/09/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 4 active · 11 ended

Active mandates

Dieter Lembrechts

Director · since 08 septembre 2022

Active
Cennini Holding

Director · since 12 décembre 2019 · 0429.214.904

Represented by Edward CLAEYS

Active
Happy Hour

Managing director · since 12 décembre 2019 · 0647.887.843

Represented by Nicolas Moerman

Active
TOMAKIN

Managing director · since 12 décembre 2019 · 0541.400.550

Represented by Mathieu Vandenhende

Active

Ended mandates

Dieter Lembrechts

Bestuurder · since 08 septembre 2022

Ended
Cennini Holding

Bestuurder · since 12 décembre 2019 · 0429.214.904

Represented by Edward Claeys

Ended
Cennini Holding NV

Bestuurder · since 12 décembre 2019

Represented by Edward Claeys

Ended
Happy Hour

Bestuurder · since 12 décembre 2019 · 0647.887.843

Represented by Nicolas Moerman

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office08/03/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates10/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/12/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/02/2018
    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 2025472,1 k €↑
  2. 2024
    Annual accounts 2024466,1 k €↑
  3. 2023
    Annual accounts 2023238,7 k €↓
  4. 2022
    Annual accounts 2022456,4 k €↑
  5. 2021
    Annual accounts 2021176,3 k €
  6. 22/02/2018
    IncorporationPrivate limited company