What does THE WORKING GROUP do?

THE WORKING GROUP is an advertising agency in Mechelen. Private Limited, started on 20 December 2019, 1 establishment.

What is the address of THE WORKING GROUP?

The registered office of THE WORKING GROUP is located at Generaal De Wittelaan 15, 2800 Mechelen.

Is THE WORKING GROUP still active?

Yes. According to the CBE (29 October 2026) THE WORKING GROUP is active, legal situation “Normale toestand”, started on 20 December 2019.

Is THE WORKING GROUP registered on Peppol?

Yes, THE WORKING GROUP is registered on the Peppol network with ID 0208:0739868587.

What is the enterprise number of THE WORKING GROUP?

The enterprise number of THE WORKING GROUP is BE0739868587.

When was THE WORKING GROUP founded?

THE WORKING GROUP was founded on 20 December 2019.

Who are the directors of THE WORKING GROUP?

According to the 2025 annual accounts, the directors of THE WORKING GROUP are: Score Agency, Sportizon, Shalove, Robert Verbeeck, Mance Comv.

Is THE WORKING GROUP a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 December 2019; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did THE WORKING GROUP make in 2025?

THE WORKING GROUP posted a profit after taxes of € 229,439 in financial year 2025.

What is the revenue of THE WORKING GROUP?

As a small company, THE WORKING GROUP is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,032,100.

How much does an employee at THE WORKING GROUP earn?

The average wage cost per full-time employee at THE WORKING GROUP was € 50,000 in 2025: staff costs of € 690,226 for 13.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does THE WORKING GROUP have?

According to the 2025 annual accounts, THE WORKING GROUP has 13.8 full-time equivalents (FTE).

THE WORKING GROUP (Private Limited) - Mechelen

Dossier THE WORKING GROUP, printed on 29 October 2026 from databakkes.be/en/0739868587/the-working-group. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

THE WORKING GROUP from Mechelen, company number BE0739868587, closed financial year 2025 with a result of € 229,439 after tax. For that financial year THE WORKING GROUP recorded a gross margin of € 1 million and equity of € 407,373. Compared with financial year 2024, the result moved from € 109,565 to € 229,439. 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 June 9, 2026.

What it is worth Growing

€ 407,373

▲ 129% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 229,439

▲ 109% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 360,044

▲ 54% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 403,973.

People and assets in 2025

Full-time equivalents

13.8

▲ 0.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 690,226

▲ 14% vs 2024

€ 50,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 9,825

▼ 77% vs 2024

Of which on lease € 9,569.

Debts at end 2025

Bank debt ≈ 1 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 29,582

▼ 59% vs 2024

€ 16,166 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 113,116

▲ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 224,545

▲ 37% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 43,547 Gross margin 2022: € 43,547 First fiscal year in the series	€ 646,777 Gross margin 2023: € 646,777 ▲ € 603,230 vs 2022 (€ 43,547) Favourable step	€ 786,497 Gross margin 2024: € 786,497 ▲ 22% vs 2023 (€ 646,777) Favourable step	€ 1,032,100 Gross margin 2025: € 1,032,100 ▲ 31% vs 2024 (€ 786,497) Favourable step	▲ 31%
Profit after taxes	€ 31,291 Profit after taxes 2022: € 31,291 First fiscal year in the series	€ -64,208 Profit after taxes 2023: € -64,208 ▼ € 95,499 vs 2022 (€ 31,291) Unfavourable step	€ 109,565 Profit after taxes 2024: € 109,565 ▲ € 173,773 vs 2023 (€ -64,208) Favourable step	€ 229,439 Profit after taxes 2025: € 229,439 ▲ 109% vs 2024 (€ 109,565) Favourable step	▲ 109%
Equity	€ 96,814 Equity 2022: € 96,814 First fiscal year in the series	€ 68,369 Equity 2023: € 68,369 ▼ 29% vs 2022 (€ 96,814) Unfavourable step	€ 177,934 Equity 2024: € 177,934 ▲ 160% vs 2023 (€ 68,369) Favourable step	€ 407,373 Equity 2025: € 407,373 ▲ 129% vs 2024 (€ 177,934) Favourable step	▲ 129%
Total debts	€ 225,534 Total debts 2022: € 225,534 First fiscal year in the series	€ 586,534 Total debts 2023: € 586,534 ▲ 160% vs 2022 (€ 225,534) Unfavourable step	€ 544,847 Total debts 2024: € 544,847 ▼ 7% vs 2023 (€ 586,534) Favourable step	€ 637,805 Total debts 2025: € 637,805 ▲ 17% vs 2024 (€ 544,847) Unfavourable step	▲ 17%
Cash	€ 0 Cash 2022: € 0 First fiscal year in the series	€ 26,782 Cash 2023: € 26,782 Unchanged (€ 0) Favourable step	€ 233,771 Cash 2024: € 233,771 ▲ € 206,989 vs 2023 (€ 26,782) Favourable step	€ 360,044 Cash 2025: € 360,044 ▲ 54% vs 2024 (€ 233,771) Favourable step	▲ 54%
Retained profit	€ 93,414 Retained profit 2022: € 93,414 First fiscal year in the series	€ 64,969 Retained profit 2023: € 64,969 ▼ 30% vs 2022 (€ 93,414) Unfavourable step	€ 174,534 Retained profit 2024: € 174,534 ▲ 169% vs 2023 (€ 64,969) Favourable step	€ 403,973 Retained profit 2025: € 403,973 ▲ 131% vs 2024 (€ 174,534) Favourable step	▲ 131%
Bank debt	€ 538 Bank debt 2022: € 538 First fiscal year in the series	€ 142,947 Bank debt 2023: € 142,947 ▲ € 142,409 vs 2022 (€ 538) Unfavourable step	€ 71,808 Bank debt 2024: € 71,808 ▼ 50% vs 2023 (€ 142,947) Favourable step	€ 29,582 Bank debt 2025: € 29,582 ▼ 59% vs 2024 (€ 71,808) Favourable step	▼ 59%
Balance sheet total	€ 322,348 Balance sheet total 2022: € 322,348 First fiscal year in the series	€ 654,903 Balance sheet total 2023: € 654,903 ▲ 103% vs 2022 (€ 322,348) Unchanged	€ 722,781 Balance sheet total 2024: € 722,781 ▲ 10% vs 2023 (€ 654,903) Unchanged	€ 1,045,177 Balance sheet total 2025: € 1,045,177 ▲ 45% vs 2024 (€ 722,781) Unchanged	▲ 45%
Employees (FTE)	-	-	13 Employees (FTE) 2024: 13 First fiscal year in the series	13.8 Employees (FTE) 2025: 13.8 ▲ 0.8 vs 2024 (13) Unchanged	▲ 0.8

Key figures of THE WORKING GROUP, 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 THE WORKING GROUP?

What happened at THE WORKING GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 9, 2026 New annual accounts for financial year 2025: profit of € 229,439 (▲ 109% vs 2024). Source: NBB ↗
2023 Shalove became a director. NBB
2023 Score Agency became a director. NBB
2023 Sportizon became a director. NBB
2023 Robert Verbeeck became a director. NBB
2023 Mance Comv became a director. NBB
Jan 2, 2020 New establishment in Mechelen. KBO
Dec 20, 2019 Start of the company according to the CBE. KBO

In short

From € 31,291 profit in 2022 to € 229,439 profit in 2025.

Paid € 60,505 in corporate taxes since 2022.

Best year ever: 2025, with € 229,439 profit.

On average € 74,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

GOLAZO 100%

The stake of GOLAZO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

THE WORKING GROUP

Behind THE WORKING GROUP are Score Agency, Sportizon, Shalove, Robert Verbeeck and Mance Comv. The shares are held by GOLAZO (100%).

Directors

According to the 2025 annual accounts

Score Agency

Director · represented by Michel Francken

Also active at: SPORTIZON, Pro Cycling Events, We Ride

since 2023

Sportizon

Director · represented by Nik Schotsmans

since 2023

Shalove

Director · represented by Sem Govaert

since 2023

Robert Verbeeck

Director

Also active at: DE VIJVERS, GOLAZO SPORTS, Estate, SERCU GLOBAL CONSULTING, SPORTIZON, MEMORIAL VAN DAMME, GOLAZO MEDIA, CHRONORACE - ELECTRONIC TIMING +16 more

since 2023

Mance Comv

Director · represented by Nick Publie

since 2023

Shareholders

GOLAZO

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Generaal De Wittelaan 15

2800 Mechelen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

FOUR DIGITS

€ 67,047 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0739.868.587

VAT number

BE 0739.868.587

Registered office

Generaal De Wittelaan 15, 2800 Mechelen

Names & denominations

THE WORKING GROUP · TWG

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

20 December 2019

Peppol

Active · Active since 13 Jan 2025

Contact

[email protected]

Activities · NACE

Activiteiten van reclamebureaus

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

THE WORKING GROUP

Financials

What happened to THE WORKING GROUP?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions