ACTIVE

WORK IN PROGRESS

Export PDF

Financial year 2024 · closed on 30/09/2024

Net result

5,8 k €

-64.9% YoY

Gross margin

33,5 k €

-30.8% YoY

Equity

118,0 k €

+5.2% YoY

What does WORK IN PROGRESS do?

WORK IN PROGRESS is a Private limited company incorporated in 2003. Its main activity is: Management consultancy activities. Its registered office is in Grimbergen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0860.855.697

Incorporation

03/10/2003

Legal form

Private limited company

Registered office

Hof ter Wilderlaan 18
1851 Grimbergen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/09/2024

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 73200Market research and public opinion polling 73200Market research and public opinion polling 74131Specialised design activities+3

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	33,5 k €	-30.8%	48,3 k €	+21.8%	39,7 k €	-9.8%	44,0 k €	-2.6%	45,2 k €	-2.0%	46,1 k €	+13.5%	40,6 k €	-6.7%	43,5 k €	+6.7%	40,8 k €	+12.4%	36,3 k €	-15.3%	42,9 k €	-4.7%	45,0 k €	+26.9%	35,4 k €	-25.7%	47,7 k €	+3.1%	46,3 k €	-34.3%	70,4 k €	-37.3%	112,3 k €	+191%	38,6 k €
EBITDA	30,6 k €	-32.9%	45,5 k €	+22.6%	37,1 k €	-10.6%	41,5 k €	-2.8%	42,7 k €	-2.4%	43,8 k €	+14.3%	38,3 k €	-7.0%	41,2 k €	+6.7%	38,6 k €	+15.2%	33,5 k €	-18.2%	41,0 k €	-5.5%	43,4 k €	+32.7%	32,7 k €	-29.1%	46,1 k €	+3.8%	44,4 k €	+3.7%	42,8 k €	-49.0%	84,0 k €	+159%	32,4 k €
Operating result	10,1 k €	-58.9%	24,5 k €	+50.0%	16,3 k €	-22.2%	21,0 k €	-5.0%	22,1 k €	-1.3%	22,4 k €	+30.1%	17,2 k €	-14.9%	20,2 k €	+75.6%	11,5 k €	+218%	3,6 k €	-64.7%	10,3 k €	-30.3%	14,7 k €	+15.5%	12,7 k €	-58.3%	30,6 k €	+2.5%	29,8 k €	+20.3%	24,8 k €	-41.9%	42,6 k €	+130%	18,5 k €
Net result	5,8 k €	-64.9%	16,6 k €	+54.3%	10,8 k €	-23.4%	14,1 k €	-12.3%	16,1 k €	-11.8%	18,2 k €	+46.0%	12,5 k €	-17.5%	15,1 k €	+280%	-8,4 k €	+42.2%	-14,6 k €	-58.2%	-9,2 k €	+20.3%	-11,5 k €	-290%	-3,0 k €	-135%	8,5 k €	+23.3%	6,9 k €	+135%	3,0 k €	-84.3%	18,8 k €	+25.7%	14,9 k €
Balance sheet
Equity	118,0 k €	+5.2%	112,2 k €	+17.4%	95,5 k €	+12.7%	84,8 k €	+19.9%	70,7 k €	+29.4%	54,6 k €	+50.0%	36,4 k €	+52.0%	24,0 k €	+171%	8,8 k €	-48.8%	17,2 k €	-45.8%	31,8 k €	-22.4%	41,0 k €	-22.0%	52,5 k €	-5.3%	55,5 k €	+18.2%	47,0 k €	+17.3%	40,0 k €	+8.0%	37,1 k €	+103%	18,3 k €
Total assets	180,9 k €	-18.6%	222,3 k €	+3.4%	215,0 k €	-10.6%	240,4 k €	-1.1%	242,9 k €	-5.7%	257,5 k €	-2.8%	264,9 k €	-5.7%	281,0 k €	-9.7%	311,2 k €	-19.2%	385,1 k €	-5.8%	408,8 k €	-8.4%	446,4 k €	-9.6%	493,9 k €	+2.9%	480,2 k €	-2.5%	492,5 k €	+0.8%	488,5 k €	-5.4%	516,5 k €	+456%	92,9 k €
Cash	85,3 k €	-1.9%	86,9 k €	+42.0%	61,2 k €	+28.5%	47,6 k €	-21.9%	61,0 k €	+13.7%	53,6 k €	+11.3%	48,2 k €	+66.0%	29,0 k €	-41.5%	49,6 k €	+47.2%	33,7 k €	-25.9%	45,5 k €	-0.9%	45,9 k €	-47.2%	86,9 k €	+66.3%	52,3 k €	-69.4%	171,0 k €	+8.8%	157,2 k €	-25.6%	211,4 k €	+3420%	6,0 k €
Debts	62,9 k €	-42.9%	110,1 k €	-7.8%	119,4 k €	-20.1%	149,5 k €	-13.2%	172,2 k €	-15.1%	202,9 k €	-11.2%	228,5 k €	-8.9%	250,9 k €	-8.9%	275,4 k €	-19.5%	341,9 k €	-3.2%	353,1 k €	-8.0%	383,6 k €	-9.2%	422,5 k €	+3.4%	408,6 k €	-5.5%	432,4 k €	-1.3%	438,1 k €	-7.2%	472,0 k €	+583%	69,1 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,6 ETP	0.0%	0,6 ETP	+200%	0,2 ETP

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 30/09/2024 · 2 active · 4 ended

Active mandates

Gerrit TULKENS

Director

Active

Katty LAMENS

Director

Active

Ended mandates

Gerrit TULKENS

Administrator - manager

Ended

Gerrit TULKENS

Manager

Ended

Katty LAMENS

Administrator - manager

Ended

Katty LAMENS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
BEAU'HOUSE● Active	0477.164.774
CEDAR HOUSE● Active	0473.439.578
Godspear Games● Active	0774.460.371
VAN VUUREN● Active	0880.786.229

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019	01/10/2018
Closing of the financial year	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020	30/09/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/04/2025	30/04/2024	25/04/2023	28/03/2022	19/04/2021	20/03/2020
General meeting	28/02/2025	23/02/2024	24/02/2023	25/02/2022	26/02/2021	28/02/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2024	28/02/2025	30/04/2025	Dutch	PDF
Micro model	30/09/2023	23/02/2024	30/04/2024	Dutch	PDF
Micro model	30/09/2022	24/02/2023	25/04/2023	Dutch	PDF
Micro model	30/09/2021	25/02/2022	28/03/2022	Dutch	PDF
Micro model	30/09/2020	26/02/2021	19/04/2021	Dutch	PDF
Micro model	30/09/2019	28/02/2020	20/03/2020	Dutch	PDF
Micro model	30/09/2018	22/02/2019	21/03/2019	Dutch	PDF
Micro model	30/09/2017	23/02/2018	28/03/2018	Dutch	PDF
Abridged model	30/09/2016	24/02/2017	07/03/2017	Dutch	PDF
Abridged model	30/09/2015	26/02/2016	25/03/2016	Dutch	PDF
Abridged model	30/09/2014	27/02/2015	18/03/2015	Dutch	PDF
Abridged model	30/09/2013	28/02/2014	17/03/2014	Dutch	PDF
Abridged model	30/09/2012	22/02/2013	17/04/2013	Dutch	PDF
Abridged model	30/09/2011	24/02/2012	13/03/2012	Dutch	PDF
Abridged model	30/09/2010	25/02/2011	31/03/2011	Dutch	PDF
Abridged model	30/09/2009	26/02/2010	22/03/2010	Dutch	PDF
Abridged model	30/09/2008	27/02/2009	29/03/2009	Dutch	PDF
Abridged model	30/09/2007	29/02/2008	13/03/2008	Dutch	PDF
Abridged model	30/09/2006	23/02/2007	30/03/2007	Dutch	PDF

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 30/09/2024 · 2 active · 4 ended

Active mandates

Gerrit TULKENS

Director

Active

Katty LAMENS

Director

Active

Ended mandates

Gerrit TULKENS

Administrator - manager

Ended

Gerrit TULKENS

Manager

Ended

Katty LAMENS

Administrator - manager

Ended

Katty LAMENS

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other10/10/2003
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

2024
Annual accounts 20245,8 k €↓
2023
Annual accounts 202316,6 k €↑
2022
Annual accounts 202210,8 k €↓
2021
Annual accounts 202114,1 k €↓
2020
Annual accounts 202016,1 k €↓
2019
Annual accounts 201918,2 k €↑
2018
Annual accounts 201812,5 k €↓
2017
Annual accounts 201715,1 k €↑
2016
Annual accounts 2016-8,4 k €↑
2015
Annual accounts 2015-14,6 k €↓
2014
Annual accounts 2014-9,2 k €↑
2013
Annual accounts 2013-11,5 k €↓
2012
Annual accounts 2012-3,0 k €↓
2011
Annual accounts 20118,5 k €↑
2010
Annual accounts 20106,9 k €↑
2009
Annual accounts 20093,0 k €↓
2008
Annual accounts 200818,8 k €↑
2007
Annual accounts 200714,9 k €
03/10/2003
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

WORK IN PROGRESS

Overview

What does WORK IN PROGRESS do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline