Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
@ WORK from Merchtem, company number BE0478933837, closed financial year 2025 with a result of € 1,155 after tax. For that financial year @ WORK recorded a gross margin of € 57,410 and equity of € 351,498. Compared with financial year 2024, the result moved from € 15,479 to € 1,155. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 351,498
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,155
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 13,870
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 331,498.
People and assets in 2025
€ 5,669
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 311,113
▼ 13% vs 2024
€ 29,802 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 55,507
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,125
▼ 60% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 73,658 | € 89,129 | € 69,724 | € 57,410 | ▼ 18% |
| Profit after taxes | € 14,768 | € 38,460 | € 15,479 | € 1,155 | ▼ 93% |
| Equity | € 296,405 | € 334,865 | € 350,343 | € 351,498 | |
| Total debts | € 602,504 | € 534,853 | € 465,461 | € 413,223 | ▼ 11% |
| Cash | € 26,843 | € 25,654 | € 15,032 | € 13,870 | ▼ 8% |
| Land & buildings | € 445,908 | € 424,896 | € 403,885 | € 382,873 | ▼ 5% |
| Retained profit | € 276,405 | € 314,865 | € 330,343 | € 331,498 | |
| Bank debt | € 464,465 | € 416,296 | € 355,693 | € 311,113 | ▼ 13% |
| Balance sheet total | € 898,909 | € 869,718 | € 815,805 | € 764,722 | ▼ 6% |
Key figures of @ WORK, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to @ WORK?
What happened at @ WORK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,155 (▼ 93% vs 2024). Source: NBB ↗
- New establishment in Merchtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,768 profit in 2022 to € 1,155 profit in 2025.
Paid € 15,554 in corporate taxes since 2022.
Best year ever: 2023, with € 38,460 profit.
Management
Behind @ WORK are Valerie Clinkemalie and Ignace Heyvaert.
Directors
According to the 2025 annual accounts
Valerie Clinkemalie
Director
Ignace Heyvaert
Director
Establishments
Establishment units
Physical locations of this company
Koeweideblock 2 box C1
1785 Merchtem
Koeweideblock 2b box c1
1785 Merchtem
Active since 23 January 2003
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
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VERENIGING VAN MEDEEIGENAARS TERSPELT BUSINESS PARK TE 1785 MERCHTEM, KOEWEIDEBLOCK 2
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0478.933.837
- VAT number
- BE 0478.933.837
- Registered office
- Koeweideblock 2 bus C1, 1785 Merchtem
- Names & denominations
- @ WORK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2002
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- atworkshop.be [email protected]
- Activities · NACE
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in kleding, kledingtoebehoren en bontartikelen