ACTIVE

Work On

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Financial year 2025 · closed on 31/12/2025
Net result
38,6 k €
+76.8% YoY
Gross margin
66,8 k €
+92.6% YoY
Equity
51 k €
+312.3% YoY

What does Work On do?

Work On is a Private limited company incorporated in 2023. Its main activity is: Activities of sports clubs. Its registered office is in Essen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0799.498.447
Incorporation
14/03/2023
Legal form
Private limited company
Registered office
Bloemenlaan 6
2910 Essen · FlandreSee on map
Contributed capital
2 500,00 €
Latest accounts
31/12/2025
Activities (NACE)
93126Activities of sports clubs· main93126Activities of sports clubs51100Passenger air transport51100Passenger air transport70200Management consultancy activities70220Business and other management consultancy activities
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin66,8 k €34,7 k €-11,3 k €
EBITDA66,7 k €33,6 k €-11,3 k €
Operating result51,7 k €26,1 k €-11,9 k €
Net result38,6 k €21,8 k €-12 k €
Balance sheet
Equity51 k €12,4 k €-9,5 k €
Total assets115,2 k €109 k €3,7 k €
Cash13,2 k €5,4 k €613,6 €
Debts64,2 k €96,5 k €13,2 k €
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 31/12/2025 · 1 active · 1 ended

Active mandates

Michael De Beuckelaer

Director

Active

Ended mandates

Michael De Beuckelaer

Director · since 14 mars 2023

Ended
Annual accounts

Full financial information

202520242023
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202414/03/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months10 months
Filing date24/08/202618/08/202521/06/2024
General meeting01/06/202602/06/202503/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202501/06/202624/08/2026DutchPDF
Micro model31/12/202402/06/202518/08/2025DutchPDF
Micro model31/12/202303/06/202421/06/2024DutchPDF
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 31/12/2025 · 1 active · 1 ended

Active mandates

Michael De Beuckelaer

Director

Active

Ended mandates

Michael De Beuckelaer

Director · since 14 mars 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office09/10/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other16/03/2023
    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. 2025
    Annual accounts 202538,6 k €↑
  2. 2024
    Annual accounts 202421,8 k €↑
  3. 2023
    Annual accounts 2023-12 k €
  4. 14/03/2023
    IncorporationPrivate limited company