ACTIVE

De Werkvennootschap

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Financial year 2025 · Closed on 31/12/2025

Net result872,2 k €+63,9 %over 1 year
Revenue143,3 M €+15,1 %over 1 year
Equity41,1 M €+1,9 %over 1 year
Workforce24,5 ETP-0,4 %over 1 year

Identity

Source · BCE/KBO

De Werkvennootschap is a Public limited company incorporated in 2006. Its main activity is: Buying and selling of own real estate. Its registered office is in Saint-Josse-ten-Noode. It employs on average 24,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0884.329.501
Incorporation
17/10/2006
Legal form
Public limited company
Registered office
Boulevard Saint-Lazare 4-10
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital
35 770 000,00 €
Latest accounts
31/12/2025
Average workforce
24,5 ETP
Joint committees (3)
  • 200
  • 2000
  • 20000
Signals
ProfitablePositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue143,3 M €124,5 M €86,1 M €19,1 M €25,9 M €
EBITDA-233,4 k €-984 k €-662 k €318,5 k €130,5 k €
Operating result-393,1 k €-1,1 M €-732,1 k €197,3 k €13,3 k €
Net result872,2 k €532 k €491,5 k €315,4 k €123,8 k €
Balance sheet
Equity41,1 M €40,4 M €39,5 M €38,5 M €38,3 M €
Total assets931,6 M €811,1 M €640,4 M €480,8 M €308,9 M €
Cash45,1 M €23,6 M €15,4 M €11,7 M €10 M €
Debts890,4 M €770,6 M €600,9 M €442,2 M €270,6 M €
Other
Workforce24,5 ETP24,6 ETP24,4 ETP22,9 ETP21,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

14 active · 69 ended

Active mandates

Christophe Stockman

Director · since 07 novembre 2025

Active
Claudine Bodeux

Director · since 27 août 2025

Active
Geert - onafhankelijk bestuurder Van Esch

Director · since 27 août 2025

Active
Veroniek - onafhankelijk bestuurder De Mulder

Director · since 27 août 2025

Active
Jasmien Jaques

Director · since 06 mai 2025

Active
Liselotte Mortier

Director · since 06 mai 2025 · until 07 novembre 2025

Active
Thijs Verbeurgt

Director · since 06 mai 2025

Active
Clair Ysebaert

Director · until 06 mai 2025

Active
Ingrid Verscheuren

Director · until 06 mai 2025

Active
Patricia Coppens

Director · until 16 février 2025

Active
Simon Vandecasteele

Director · until 06 mai 2025

Active
Stijn Quaghebeur

Chairman of the board of directors

Active
Tom Roelants

Director

Active
Veroniek De Mulder

Director · until 06 mai 2025

Active

Ended mandates

Johan Van den Driessche

Director · since 23 juin 2020 · until 24 septembre 2024

Ended
Johan Van den Driessche

Director · since 23 juin 2020 · until 16 février 2025

Ended
Patricia Coppens

Director · since 23 juin 2020 · until 16 février 2025

Ended
Johan Van den Driessche

Director · since 16 juin 2020 · until 16 février 2025

Ended

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Full financial information

Source · NBB
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 date20/05/202603/06/202528/05/202422/05/202301/08/202221/05/2021
General meeting05/05/202606/05/202507/05/202402/05/202303/05/202204/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/05/202620/05/2026DutchPDF
Full model31/12/202406/05/202503/06/2025DutchPDF
Full model31/12/202307/05/202428/05/2024DutchPDF
Full model31/12/202202/05/202322/05/2023DutchPDF
Full model31/12/202103/05/202201/08/2022DutchPDF
Full model31/12/202004/05/202121/05/2021DutchPDF
Full model31/12/201905/05/202028/05/2020DutchPDF
Full model31/12/201807/05/201922/05/2019DutchPDF
Full modelCorrection31/12/201702/05/201826/06/2018DutchPDF
Full model31/12/201702/05/201817/05/2018DutchPDF
Full model31/12/201602/05/201730/05/2017DutchPDF
Full model31/12/201503/05/201623/05/2016DutchPDF
Full model31/12/201405/05/201519/05/2015DutchPDF
Full model31/12/201306/05/201402/06/2014DutchPDF
Full model31/12/201207/05/201305/06/2013DutchPDF
Full model31/12/201102/05/201231/05/2012DutchPDF
Full model31/12/201003/05/201123/05/2011DutchPDF
Full model31/12/200904/05/201021/05/2010DutchPDF
Full model31/12/200805/05/200905/06/2009DutchPDF
Full model31/12/200706/05/200805/06/2008DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 31/12/2025

14 active · 69 ended

Active mandates

Christophe Stockman

Director · since 07 novembre 2025

Active
Claudine Bodeux

Director · since 27 août 2025

Active
Geert - onafhankelijk bestuurder Van Esch

Director · since 27 août 2025

Active
Veroniek - onafhankelijk bestuurder De Mulder

Director · since 27 août 2025

Active
Jasmien Jaques

Director · since 06 mai 2025

Active
Liselotte Mortier

Director · since 06 mai 2025 · until 07 novembre 2025

Active
Thijs Verbeurgt

Director · since 06 mai 2025

Active
Clair Ysebaert

Director · until 06 mai 2025

Active
Ingrid Verscheuren

Director · until 06 mai 2025

Active
Patricia Coppens

Director · until 16 février 2025

Active
Simon Vandecasteele

Director · until 06 mai 2025

Active
Stijn Quaghebeur

Chairman of the board of directors

Active
Tom Roelants

Director

Active
Veroniek De Mulder

Director · until 06 mai 2025

Active

Ended mandates

Johan Van den Driessche

Director · since 23 juin 2020 · until 24 septembre 2024

Ended
Johan Van den Driessche

Director · since 23 juin 2020 · until 16 février 2025

Ended
Patricia Coppens

Director · since 23 juin 2020 · until 16 février 2025

Ended
Johan Van den Driessche

Director · since 16 juin 2020 · until 16 février 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other24/09/2026
    —
    PDF
  • Mandates11/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates03/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025872,2 k €↑
  2. 24/10/2025
    nominationChristophe Stockman — bestuurder
  3. 27/08/2025
    nominationGeert Van Esch — onafhankelijke bestuurder
  4. 27/08/2025
    nominationVeroniek De Mulder — onafhankelijke bestuurder
  5. 27/08/2025
    nominationClaudine Bodeux — onafhankelijke bestuurder
  6. 06/05/2025
    nominationJasmien Jaques — bestuurder
  7. 06/05/2025
    nominationLiselotte Mortier — bestuurder
  8. 06/05/2025
    nominationThijs Verbeurgt — bestuurder
  9. 06/05/2025
    nominationStijn Quaghebeur — bestuurder
  10. 06/05/2025
    nominationTom Roelants — bestuurder
  11. 2024
    Annual accounts 2024532 k €↑
  12. 2023
    Annual accounts 2023491,5 k €↑
  13. 2022
    Annual accounts 2022315,4 k €↑
  14. 03/05/2022
    reconductionMazars Bedrijfsrevisoren CVBA — commissaris
  15. 2021
    Annual accounts 2021123,8 k €↓
  16. 2020
    Annual accounts 2020321,6 k €↓
  17. 2019
    Annual accounts 2019612,2 k €↑
  18. 2018
    Annual accounts 2018562 k €↑
  19. 2017
    Annual accounts 2017-262,7 k €↓
  20. 2016
    Annual accounts 20161,9 M €↓
  21. 2015
    Annual accounts 20159 M €↑
  22. 2014
    Annual accounts 20142,4 M €↑
  23. 2013
    Annual accounts 2013-762,3 k €↓
  24. 2012
    Annual accounts 2012-131,6 k €↑
  25. 2011
    Annual accounts 2011-570,2 k €↑
  26. 2010
    Annual accounts 2010-3,4 M €↓
  27. 2009
    Annual accounts 2009-2,6 M €↑
  28. 2008
    Annual accounts 2008-3,1 M €↓
  29. 2007
    Annual accounts 2007-1,7 M €
  30. 17/10/2006
    IncorporationPublic limited company