ACTIVE

WorkForce Projects

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Financial year 2024 · closed on 31/12/2024
Net result
-5,2 k €
+82.2% YoY
Gross margin
61,1 k €
+286.5% YoY
Equity
113,3 k €
-4.4% YoY
Workforce
1,1 ETP
+450.0% YoY

What does WorkForce Projects do?

WorkForce Projects is a Private limited company incorporated in 2018. Its main activity is: Computer consultancy activities. Its registered office is in Grimbergen. It employs on average 1,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0712.996.025
Incorporation
09/11/2018
Legal form
Private limited company
Registered office
Temselaan 100 box A
1853 Grimbergen · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2024
Average workforce
1,1 ETP
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities
Joint committees (1)
  • 111
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202420232022202120202019
Income statement
Gross margin61,1 k €-32,8 k €33,8 k €-2,5 k €68,3 k €29,4 k €
EBITDA-26,2 k €-43,2 k €33,7 k €-3 k €67,9 k €29,1 k €
Operating result-26,2 k €-43,2 k €33,7 k €-3 k €67,9 k €29,1 k €
Net result-5,2 k €-29 k €48,7 k €7,3 k €56,1 k €22,9 k €
Balance sheet
Equity113,3 k €118,5 k €147,5 k €98,8 k €91,4 k €35,3 k €
Total assets1,5 M €1,4 M €1,3 M €1 M €726,6 k €47,1 k €
Cash4,8 k €7,5 k €23,9 k €4,8 k €10,3 k €16,6 k €
Debts1,3 M €1,3 M €1,1 M €907,4 k €635,2 k €11,8 k €
Other
Workforce1,1 ETP0,2 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active

Active mandates

Erwin Laureys

Director · since 01 août 2020

Active
Beerts Alexander

Director · since 09 novembre 2018

Active
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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202009/11/2018
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 months14 months
Filing date25/09/202522/10/202403/10/202330/09/202204/08/202119/06/2020
General meeting28/06/202520/09/202429/09/202329/09/202231/05/202104/05/2020
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202428/06/202525/09/2025DutchPDF
Abridged model31/12/202320/09/202422/10/2024DutchPDF
Abridged model31/12/202229/09/202303/10/2023DutchPDF
Abridged model31/12/202129/09/202230/09/2022DutchPDF
Micro model31/12/202031/05/202104/08/2021DutchPDF
Micro model31/12/201904/05/202019/06/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2024 · 2 active

Active mandates

Erwin Laureys

Director · since 01 août 2020

Active
Beerts Alexander

Director · since 09 novembre 2018

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office13/01/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office09/04/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office12/09/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates16/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/11/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/10/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/11/2018
    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. 2024
    Annual accounts 2024-5,2 k €↑
  2. 2023
    Annual accounts 2023-29 k €↓
  3. 2023
    Name changeWorkforce Projects
  4. 2022
    Annual accounts 202248,7 k €↑
  5. 2021
    Annual accounts 20217,3 k €↓
  6. 2021
    Name changeTechForce
  7. 2020
    Annual accounts 202056,1 k €↑
  8. 2019
    Annual accounts 201922,9 k €
  9. 09/11/2018
    IncorporationPrivate limited company