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 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Positive Work from Gavere, company number BE0683855641, closed financial year 2025 with a result of € 32,990 after tax. For that financial year Positive Work recorded a gross margin of € 105,589 and equity of € 196,727. Compared with financial year 2024, the result moved from € -12,225 to € 32,990. Profitable, and profit is growing. 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 August 28, 2026.
€ 196,727
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,990
▲ still € 12,225 loss in 2024
Profit after tax over the fiscal year.
€ 6
▼ € 9,507 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 € 184,327.
People and assets in 2025
€ 914
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 214,818
▼ 13% vs 2024
€ 30,357 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 5,914
▲ 274% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,062
▲ 42% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 104,016 | € 81,641 | € 45,209 | € 105,589 | ▲ 134% |
| Profit after taxes | € 3,447 | € 5,186 | € -12,225 | € 32,990 | ▲ € 45,215 |
| Equity | € 170,776 | € 175,962 | € 163,737 | € 196,727 | ▲ 20% |
| Total debts | € 457,776 | € 419,826 | € 373,656 | € 324,435 | ▼ 13% |
| Cash | € 27,183 | - | € 9,513 | € 6 | ▼ € 9,507 |
| Land & buildings | € 474,464 | € 445,561 | € 418,832 | € 393,311 | ▼ 6% |
| Retained profit | € 158,376 | € 163,562 | € 151,337 | € 184,327 | ▲ 22% |
| Bank debt | € 320,739 | € 283,708 | € 245,659 | € 214,818 | ▼ 13% |
| Balance sheet total | € 628,552 | € 595,788 | € 537,393 | € 521,162 | ▼ 3% |
Key figures of Positive 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 Positive Work?
What happened at Positive 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 € 32,990. filed late Source: NBB ↗
- New establishment in Gavere. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,447 profit in 2022 to € 32,990 profit in 2025.
Paid € 46,078 in corporate taxes since 2022.
Best year ever: 2025, with € 32,990 profit.
Management
Behind Positive Work is FREEK DE FRAEYE. FREEK DE FRAEYE is also behind O2XYGEN.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Ganzendam 5
9890 Gavere
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
Google Workspace
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0683.855.641
- VAT number
- BE 0683.855.641
- Registered office
- Ganzendam 5, 9890 Gavere
- Names & denominations
- Positive Work
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 2017
- Peppol
- Active · Active since 12 Jan 2026
- Contact
- ganzendam.be
- Activities · NACE
Activiteiten van hoofdkantoren
Catering van evenementen