Financials
Financial year 2025
WORK OF ART from Antwerpen, company number BE0553500509, closed financial year 2025 with a result of € 18,907 after tax. For that financial year WORK OF ART recorded a gross margin of € 53,293 and equity of € 116,027. Compared with financial year 2024, the result moved from € 4,370 to € 18,907. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 8, 2026.
€ 116,027
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,907
▲ € 14,538 vs 2024
Profit after tax over the fiscal year.
€ 23,455
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 30,247 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 16,738
▲ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 108,194
▼ 5% vs 2024
€ 6,311 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 1,744
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,862
▲ 30% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 55,637 | € 52,100 | € 30,997 | € 53,293 | ▲ 72% |
| Profit after taxes | € 36,494 | € 29,209 | € 4,370 | € 18,907 | ▲ € 14,538 |
| Equity | € 147,054 | € 149,397 | € 127,366 | € 116,027 | ▼ 9% |
| Total debts | € 40,256 | € 148,210 | € 125,841 | € 120,307 | ▼ 4% |
| Cash | € 138,929 | € 55,415 | € 34,625 | € 23,455 | ▼ 32% |
| Land & buildings | - | € 166,394 | € 158,821 | € 152,976 | ▼ 4% |
| Retained profit | € 140,854 | € 143,197 | € 121,166 | € 109,827 | ▼ 9% |
| Dividend | € 34,086 | € 26,866 | € 26,401 | € 30,247 | ▲ 15% |
| Bank debt | € 0 | € 120,000 | € 114,234 | € 108,194 | ▼ 5% |
| Balance sheet total | € 187,310 | € 297,607 | € 253,207 | € 236,334 | ▼ 7% |
Key figures of WORK OF ART, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to WORK OF ART?
What happened at WORK OF ART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,907 (▲ € 14,538 vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Peter THEUNISSEN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 36,494 profit in 2022 to € 18,907 profit in 2025.
Paid € 28,959 in corporate taxes since 2022.
Best year ever: 2022, with € 36,494 profit.
Paid out € 117,599 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind WORK OF ART is Peter THEUNISSEN.
Directors
According to the 2025 annual accounts
Peter THEUNISSEN
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Strijdhoflaan 54
2600 Antwerpen
De Villegasplein 12
2150 Antwerpen
Active since 27 May 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0553.500.509
- VAT number
- BE 0553.500.509
- Registered office
- Strijdhoflaan 54, 2600 Antwerpen
- Names & denominations
- WORK OF ART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 2014
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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