ACTIVE

Payroll Masters

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Financial year 2025 · Closed on 31/12/2025

Net result-8,5 k €-114,9 %over 1 year
Gross margin741,7 k €-1,7 %over 1 year
Equity84,1 k €-9,2 %over 1 year

Identity

Source · BCE/KBO

Payroll Masters is a Private limited company incorporated in 2023. Its main activity is: Management consultancy activities. Its registered office is in Westerlo.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0797.364.645
Incorporation
19/01/2023
Legal form
Private limited company
Registered office
Olenseweg 375
2260 Westerlo · FlandreSee on map
Contributed capital
2 000,00 €
Latest accounts
31/12/2025
Signals
Good liquidityPositive EBITDAHealthy social debts

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520242023
Income statement
Gross margin741,7 k €754,6 k €203,4 k €
EBITDA25,2 k €95,3 k €45,2 k €
Operating result21,5 k €92,3 k €44,1 k €
Net result-8,5 k €57,3 k €33,4 k €
Balance sheet
Equity84,1 k €92,7 k €35,4 k €
Total assets312,9 k €302,8 k €121,6 k €
Cash28,1 k €93,3 k €29,4 k €
Debts228,7 k €210,2 k €86,2 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

Active mandates

DirectorMandates in this companyPeriod
DE MENS CENTRAAL0677.831.347Represented by Veerle Van de Paer
Directorsince 19/01/2023
Ilse Demarbaix0795.783.842Represented by Ilse Demarbaix
Directorsince 19/01/2023

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Full financial information

Source · NBB
202520242023
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202419/01/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months12 months
Filing date08/06/202625/06/202530/09/2024
General meeting31/05/202631/05/202531/05/2024
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 model31/12/202531/05/202608/06/2026DutchPDF
Micro model31/12/202431/05/202525/06/2025DutchPDF
Micro model31/12/202331/05/202430/09/2024DutchPDF

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

Active mandates

DirectorMandates in this companyPeriod
DE MENS CENTRAAL0677.831.347Represented by Veerle Van de Paer
Directorsince 19/01/2023
Ilse Demarbaix0795.783.842Represented by Ilse Demarbaix
Directorsince 19/01/2023

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office09/09/2026
    ZETEL
    PDF
  • Other23/01/2023
    OPRICHTING
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings3 filings
Mandates
DE MENS CENTRAAL
Ilse Demarbaix
2023202420252026
Payroll Masters
Lindekensbaan(kessel) 86, 2560 Nijlen
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Olenseweg 375, 2260 WesterloCurrent
CBE
Lindekensbaan(kessel) 86, 2560 Nijlen
accounts 2023 → 2025
Accounts 2025 · 2026-00141931

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Payroll MastersCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00141931

Events

  1. 2025
    Annual accounts 2025-8,5 k €↓
  2. 2024
    Annual accounts 202457,3 k €↑
  3. 2023
    Annual accounts 202333,4 k €
  4. 19/01/2023
    IncorporationPrivate limited company