ACTIVE

SD Worx Staffing Solutions

Financial year 2025 · closed on 31/12/2025
Net result
-2,2 M €
+31.7% YoY
Revenue
112,8 M €
-2.6% YoY
Equity
7,7 M €
+12.3% YoY
Workforce
1 539,5 ETP
-2.6% YoY

What does SD Worx Staffing Solutions do?

SD Worx Staffing Solutions is a Public limited company incorporated in 2008. Its main activity is: Temporary employment agency activities. Its registered office is in Antwerpen. It employs on average 1 539,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0807.281.213
Incorporation
22/10/2008
Legal form
Public limited company
Registered office
Brouwersvliet 2
2000 Antwerpen · FlandreSee on map
Contributed capital
9 805 000,00 €
Latest accounts
31/12/2025
Average workforce
1 539,5 ETP
Joint committees (3)
  • 200
  • 218
  • 322
Signals
Healthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220192018201720162015201420132012201120102009
Income statement
Revenue112,8 M €115,8 M €124 M €133,6 M €148,9 M €99,6 M €98 M €74,7 M €54 M €35 M €24,1 M €19,6 M €13,1 M €–2,7 M €
EBITDA-765,6 k €-854,3 k €-12,4 M €-1,9 M €3,4 M €5,1 M €10,3 M €7,3 M €4,7 M €2,8 M €2 M €1,7 M €1,5 M €871,1 k €284,8 k €
Operating result-1,1 M €-1,9 M €-14,2 M €-4,4 M €519,4 k €4,4 M €9,6 M €6,6 M €4,1 M €2,8 M €1,7 M €1,6 M €1,4 M €813 k €252,4 k €
Net result-2,2 M €-3,2 M €-15,9 M €-5,7 M €-8,3 M €2,1 M €5,5 M €3,8 M €2,6 M €1,9 M €1,1 M €992,9 k €883,6 k €478,7 k €135,8 k €
Balance sheet
Equity7,7 M €6,8 M €10 M €5,8 M €2,3 M €10,5 M €8,5 M €3,5 M €2,7 M €4,4 M €2,6 M €2,3 M €1,3 M €676 k €197,3 k €
Total assets51,1 M €52,5 M €54,3 M €75 M €89,5 M €115,5 M €26,5 M €22,9 M €15,3 M €12,5 M €6,4 M €5,4 M €3,7 M €1,9 M €1,1 M €
Cash38,6 k €46,8 k €521 k €970,2 k €5,2 M €4,7 M €3,6 M €1,2 M €1 M €728,6 k €1,2 M €876,5 k €923,1 k €448,6 k €91,7 k €
Debts41,8 M €44,1 M €43,5 M €67,6 M €83,7 M €104 M €17 M €18,7 M €12,1 M €7,8 M €3,7 M €3 M €2,3 M €1,2 M €848 k €
Other
Workforce1 539,5 ETP1 580,4 ETP1 959,0 ETP2 182,6 ETP2 530,3 ETP1 685,6 ETP1 653,6 ETP1 308,4 ETP888,7 ETP604,8 ETP401,7 ETP340,9 ETP227,4 ETP134,0 ETP50,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 38 ended

Active mandates

Lejak

Director · since 07 juin 2025 · until 02 juin 2028 · 1020.952.021

Represented by Sebastiaan Peeters

Active
Maurice Bisschop

Director · since 06 juin 2025 · until 06 juin 2028

Active

Ended mandates

Maurice Bisschop

Director · since 01 octobre 2024 · until 06 juin 2025

Ended
BIYAADHOO

Director · since 03 juin 2023 · until 31 décembre 2024 · 0545.997.855

Represented by Nico Reeskens

Ended
BIYAADHOO

Director · since 03 juin 2023 · until 06 juin 2025 · 0545.997.855

Represented by NICO REESKENS

Ended
Nico Reeskens

Director · since 01 mars 2023 · until 06 juin 2025

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date16/06/202619/06/202519/06/202422/06/202321/06/202201/07/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202616/06/2026DutchPDF
Full model31/12/202406/06/202519/06/2025DutchPDF
Full model31/12/202307/06/202419/06/2024DutchPDF
Full model31/12/202202/06/202322/06/2023DutchPDF
Full model31/12/202103/06/202221/06/2022DutchPDF
Full model31/12/202004/06/202101/07/2021DutchPDF
Full model31/12/201929/05/202023/06/2020DutchPDF
Full model31/12/201828/06/201902/08/2019DutchPDF
Full model31/12/201729/06/201823/07/2018DutchPDF
Full model31/12/201630/06/201703/07/2017DutchPDF
Full model31/12/201530/06/201604/07/2016DutchPDF
Full model31/12/201426/06/201507/07/2015DutchPDF
Full model31/12/201327/06/201404/07/2014DutchPDF
Full model31/12/201228/06/201311/07/2013DutchPDF
Full model31/12/201129/06/201225/07/2012DutchPDF
Abridged model31/12/201024/06/201128/07/2011DutchPDF
Full model31/12/200925/06/201030/07/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 · 2 active · 38 ended

Active mandates

Lejak

Director · since 07 juin 2025 · until 02 juin 2028 · 1020.952.021

Represented by Sebastiaan Peeters

Active
Maurice Bisschop

Director · since 06 juin 2025 · until 06 juin 2028

Active

Ended mandates

Maurice Bisschop

Director · since 01 octobre 2024 · until 06 juin 2025

Ended
BIYAADHOO

Director · since 03 juin 2023 · until 31 décembre 2024 · 0545.997.855

Represented by Nico Reeskens

Ended
BIYAADHOO

Director · since 03 juin 2023 · until 06 juin 2025 · 0545.997.855

Represented by NICO REESKENS

Ended
Nico Reeskens

Director · since 01 mars 2023 · until 06 juin 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/08/2026
    Benoeming voorzitter raad van bestuur - benoeming nieuwe auditor
    PDF
  • Capital / shares24/12/2025
    KAPITAAL - AANDELEN
    PDF
  • Restructuring22/07/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring23/05/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates22/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares23/09/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    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 2025-2,2 M €↑
  2. 18/12/2025
    reduction_capital
  3. 18/12/2025
    augmentation_capital
  4. 06/06/2025
    nominationPEETERS Sebastiaan — vaste vertegenwoordiger van de besloten vennootschap Lejak (bestuurder)
  5. 06/06/2025
    reconductionBISSCHOP Maurice — bestuurder
  6. 16/03/2025
    nominationPatsy Farrazijn — bijzondere gevolmachtigde
  7. 16/03/2025
    nominationSandra Dellevoet — bijzondere gevolmachtigde
  8. 16/03/2025
    nominationIlse Maggen — bijzondere gevolmachtigde
  9. 16/03/2025
    nominationEllen Abbeel — bijzondere gevolmachtigde
  10. 16/03/2025
    nominationKim Cornelis — bijzondere gevolmachtigde
  11. 01/01/2025
    autre
  12. 2024
    Annual accounts 2024-3,2 M €↑
  13. 16/10/2024
    nominationWim Dhondt — bijzondere gevolmachtigde
  14. 16/10/2024
    nominationPatsy Farrazijn — bijzondere gevolmachtigde
  15. 16/10/2024
    nominationJaap Piederiet — bijzondere gevolmachtigde
  16. 01/10/2024
    nominationMaurice Paul Maria BISSCHOP — bestuurder
  17. 27/08/2024
    reduction_capital
  18. 01/01/2024
    unknownVANDEWEYER Ben — enige vaste vertegenwoordiger van de Commissaris
  19. 2023
    Annual accounts 2023-15,9 M €↓
  20. 20/12/2023
    augmentation_capital
  21. 20/12/2023
    reduction_capital
  22. 03/06/2023
    nominationBIYAADHOO BV — bestuurder
  23. 02/06/2023
    reconductionDeloitte Bedrijfsrevisoren BV — commissaris
  24. 01/03/2023
    nominationNico Reeskens — bestuurder
  25. 2022
    Annual accounts 2022-5,7 M €↑
  26. 14/07/2022
    augmentation_capital
  27. 14/07/2022
    reduction_capital
  28. 2019
    Annual accounts 2019-8,3 M €↓
  29. 2018
    Annual accounts 20182,1 M €↓
  30. 2018
    Name changeSD Worx Staffing Solutions
  31. 2017
    Annual accounts 20175,5 M €↑
  32. 2016
    Annual accounts 20163,8 M €↑
  33. 2015
    Annual accounts 20152,6 M €↑
  34. 2014
    Annual accounts 20141,9 M €↑
  35. 2013
    Annual accounts 20131,1 M €↑
  36. 2012
    Annual accounts 2012992,9 k €↑
  37. 2011
    Annual accounts 2011883,6 k €↑
  38. 2010
    Annual accounts 2010478,7 k €↑
  39. 2009
    Annual accounts 2009135,8 k €
  40. 2009
    Name changeVIO INTERIM
  41. 22/10/2008
    IncorporationPublic limited company