ACTIVE

Ernst@Work

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Financial year 2025 · closed on 31/12/2025
Net result
20,1 k €
+661.7% YoY
Gross margin
204,4 k €
+36.1% YoY
Equity
88,8 k €
+29.2% YoY
Workforce
2,7 ETP
+17.4% YoY

What does Ernst@Work do?

Ernst@Work is a Private limited company incorporated in 2019. Its main activity is: Computer programming activities. Its registered office is in Schoten. It employs on average 2,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0728.448.422
Incorporation
13/06/2019
Legal form
Private limited company
Registered office
Vordensteinstraat 133
2900 Schoten · FlandreSee on map
Contributed capital
12 000,00 €
Latest accounts
31/12/2025
Average workforce
2,7 ETP
Activities (NACE)
62010Computer programming activities· main62020Computer consultancy activities62100Computer programming, consultancy and related activities62200Computer programming, consultancy and related activities62010Computer programming activities62090Other information technology and computer service activities+6
Joint committees (2)
  • 227
  • 22700
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin204,4 k €150,2 k €161,3 k €131,5 k €104,5 k €87,5 k €22,7 k €
EBITDA52 k €11,7 k €29,8 k €-4,8 k €25,9 k €16 k €16,1 k €
Operating result31,3 k €8,3 k €27,1 k €-8 k €24,5 k €15,5 k €16,1 k €
Net result20,1 k €2,6 k €20,2 k €-9,2 k €18,9 k €11,6 k €12,5 k €
Balance sheet
Equity88,8 k €68,7 k €66,1 k €45,9 k €55 k €36,1 k €24,5 k €
Total assets196,6 k €185,6 k €180,4 k €156,2 k €91,7 k €83,9 k €38,2 k €
Cash62,9 k €36,9 k €51,6 k €39,6 k €60,6 k €48,8 k €22,7 k €
Debts95,4 k €116,8 k €113,3 k €109,4 k €36,7 k €46,3 k €12,2 k €
Other
Workforce2,7 ETP2,3 ETP2,6 ETP3,2 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Thom Ernst

Director · since 13 juin 2019

Active

Ended mandates

Thom Ernst

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro 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 date21/08/202610/09/202528/08/202431/08/202326/08/202230/08/2021
General meeting30/06/202615/06/202528/06/202430/06/202330/06/202230/06/2021
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 model31/12/202530/06/202621/08/2026DutchPDF
Abridged model31/12/202415/06/202510/09/2025DutchPDF
Abridged model31/12/202328/06/202428/08/2024DutchPDF
Abridged model31/12/202230/06/202331/08/2023DutchPDF
Micro model31/12/202130/06/202226/08/2022DutchPDF
Micro model31/12/202030/06/202130/08/2021DutchPDF
Micro model31/12/201927/08/202031/08/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2025 · 1 active · 1 ended

Active mandates

Thom Ernst

Director · since 13 juin 2019

Active

Ended mandates

Thom Ernst

Director

Ended
Shareholders

Ownership and network

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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 202520,1 k €↑
  2. 2024
    Annual accounts 20242,6 k €↓
  3. 2023
    Annual accounts 202320,2 k €↑
  4. 2022
    Annual accounts 2022-9,2 k €↓
  5. 2021
    Annual accounts 202118,9 k €↑
  6. 2020
    Annual accounts 202011,6 k €↓
  7. 2019
    Annual accounts 201912,5 k €
  8. 13/06/2019
    IncorporationPrivate limited company