ACTIVE

ImprovementatWork

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Financial year 2025 · closed on 31/12/2025
Net result
292,8 k €
+409.2% YoY
Gross margin
26,5 k €
+136.1% YoY
Equity
602,5 k €
-45.5% YoY

What does ImprovementatWork do?

ImprovementatWork is a Private limited company incorporated in 2010. Its main activity is: Activities of holding companies. Its registered office is in Brasschaat.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0824.952.039
Incorporation
07/04/2010
Legal form
Private limited company
Registered office
Werverbos 16
2930 Brasschaat · FlandreSee on map
Contributed capital
40 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies70200Management consultancy activities70220Business and other management consultancy activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin26,5 k €-73,4 k €191,3 k €77,6 k €40,3 k €708,9 k €469,1 k €308 k €241,8 k €383 k €304,3 k €402 k €211 k €346 k €473,6 k €
EBITDA24 k €-75,7 k €189,3 k €75,5 k €38,4 k €707 k €467,3 k €306,3 k €234,2 k €381,7 k €303 k €400,6 k €208,1 k €344 k €470,6 k €
Operating result-4,4 k €-103,8 k €173,5 k €63,9 k €27,3 k €701,1 k €462,9 k €301,9 k €232 k €359,3 k €280,5 k €376,9 k €185,5 k €316 k €454,2 k €
Net result292,8 k €-94,7 k €216,7 k €59,5 k €28,3 k €460,1 k €308,5 k €222 k €143,2 k €215,9 k €174 k €229,1 k €117,6 k €204,1 k €292,7 k €
Balance sheet
Equity602,5 k €1,1 M €1,4 M €1,6 M €1,5 M €1,5 M €1,2 M €936,6 k €787,6 k €644,4 k €458,6 k €339,4 k €164,3 k €126,8 k €82,7 k €
Total assets611 k €1,1 M €1,4 M €1,7 M €1,8 M €1,8 M €1,4 M €1,1 M €870,6 k €740,1 k €572,8 k €443,4 k €231,1 k €133,1 k €179,7 k €
Cash58 k €7,7 k €137,2 k €152 k €239,2 k €22,4 k €34 k €135,4 k €146,2 k €157,2 k €184,5 k €175,3 k €107 k €24,4 k €33,2 k €
Debts8,5 k €10,4 k €25,7 k €137,6 k €227,4 k €226,3 k €141,5 k €131 k €83 k €95,6 k €114,3 k €104 k €66,8 k €6,3 k €97,1 k €
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 · 2 active · 2 ended

Active mandates

Anne-Marie Geerts

Director · since 02 novembre 2020

Active
Johan Telen

Director · since 07 avril 2010

Active

Ended mandates

Michel Ramioul

Manager · since 28 janvier 2011

Ended
Johan Telen

Manager · since 07 avril 2010

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date31/07/202603/06/202513/06/202411/05/202329/08/202225/06/2021
General meeting04/05/202602/05/202503/05/202405/05/202306/05/202207/05/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/05/202631/07/2026DutchPDF
Abridged model31/12/202402/05/202503/06/2025DutchPDF
Abridged model31/12/202303/05/202413/06/2024DutchPDF
Abridged model31/12/202205/05/202311/05/2023DutchPDF
Abridged model31/12/202106/05/202229/08/2022DutchPDF
Abridged model31/12/202007/05/202125/06/2021DutchPDF
Abridged model31/12/201901/05/202019/06/2020DutchPDF
Abridged model31/12/201803/05/201918/07/2019DutchPDF
Abridged model31/12/201704/05/201830/08/2018DutchPDF
Abridged model31/12/201605/05/201710/08/2017DutchPDF
Abridged model31/12/201506/05/201624/05/2016DutchPDF
Abridged model31/12/201401/05/201522/06/2015DutchPDF
Abridged model31/12/201318/04/201413/05/2014DutchPDF
Abridged model31/12/201203/05/201329/05/2013DutchPDF
Abridged model31/12/201104/05/201224/08/2012DutchPDF
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 · 2 active · 2 ended

Active mandates

Anne-Marie Geerts

Director · since 02 novembre 2020

Active
Johan Telen

Director · since 07 avril 2010

Active

Ended mandates

Michel Ramioul

Manager · since 28 janvier 2011

Ended
Johan Telen

Manager · since 07 avril 2010

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/09/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/12/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/04/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/04/2010
    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 2025292,8 k €↑
  2. 2024
    Annual accounts 2024-94,7 k €↓
  3. 2023
    Annual accounts 2023216,7 k €↑
  4. 2022
    Annual accounts 202259,5 k €↑
  5. 2021
    Annual accounts 202128,3 k €↓
  6. 2020
    Annual accounts 2020460,1 k €↑
  7. 2019
    Annual accounts 2019308,5 k €↑
  8. 2018
    Annual accounts 2018222 k €↑
  9. 2017
    Annual accounts 2017143,2 k €↓
  10. 2016
    Annual accounts 2016215,9 k €↑
  11. 2015
    Annual accounts 2015174 k €↓
  12. 2014
    Annual accounts 2014229,1 k €↑
  13. 2013
    Annual accounts 2013117,6 k €↓
  14. 2012
    Annual accounts 2012204,1 k €↓
  15. 2011
    Annual accounts 2011292,7 k €
  16. 07/04/2010
    IncorporationPrivate limited company