ACTIVE

The Payroll Office

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Financial year 2025 · Closed on 31/12/2025

Net result
26,5 k €
+63,8 %over 1 year
Gross margin
126,4 k €
+70,5 %over 1 year
Equity
50,8 k €
+109,2 %over 1 year

Identity

Source · BCE/KBO

The Payroll Office is a Private limited company incorporated in 2022. Its main activity is: Office administrative and support activities. Its registered office is in Veurne.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0783.965.084
Incorporation
29/03/2022
Legal form
Private limited company
Registered office
Suikerplein 9
8630 Veurne · FlandreSee on map
Contributed capital
4 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520242023
Income statement
Gross margin126,4 k €74,1 k €27,1 k €
EBITDA52 k €43,5 k €24,2 k €
Operating result38,8 k €26,4 k €6,6 k €
Net result26,5 k €16,2 k €4,1 k €
Balance sheet
Equity50,8 k €24,3 k €8,1 k €
Total assets137,6 k €101,8 k €98,9 k €
Cash29,6 k €6,5 k €10,5 k €
Debts86,6 k €77,4 k €90,7 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

KS - Consulting

Director · 0778.600.489

Represented by Kenny SAELENS

Active
SupporteHR

Director · 0744.403.833

Represented by Mathias MARCHAND

Active

Ended mandates

KS - Consulting

Director · 0778.600.489

Represented by Kenny SAELENS

Ended

Full financial information

Source · NBB
202520242023
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202429/03/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months22 months
Filing date10/07/202623/06/202516/05/2024
General meeting04/07/202621/06/202520/04/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202504/07/202610/07/2026DutchPDF
Micro model31/12/202421/06/202523/06/2025DutchPDF
Micro model31/12/202320/04/202416/05/2024DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

KS - Consulting

Director · 0778.600.489

Represented by Kenny SAELENS

Active
SupporteHR

Director · 0744.403.833

Represented by Mathias MARCHAND

Active

Ended mandates

KS - Consulting

Director · 0778.600.489

Represented by Kenny SAELENS

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office04/07/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other31/03/2022
    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 202526,5 k €↑
  2. 2024
    Annual accounts 202416,2 k €↑
  3. 2023
    Annual accounts 20234,1 k €
  4. 29/03/2022
    IncorporationPrivate limited company