ACTIVE

PAYROLLER

Financial year 2025 · Closed on 31/12/2025

Net result472,1 k €+1,3 %over 1 year
Revenue14,3 M €+16,8 %over 1 year
Equity2,1 M €+28,8 %over 1 year
Workforce244,0 ETP+13,8 %over 1 year

Identity

Source · BCE/KBO

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
Joint committees (2)
  • 200
  • 322
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 7 filings

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

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 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

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Full financial information

Source · NBB
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
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

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.

Board of directors

Source · NBB, accounts to 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

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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

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