Financials
Financial year 2025
Work-Out from Gent, company number BE0775511733, closed financial year 2025 with a result of € 55,407 after tax. For that financial year Work-Out recorded a gross margin of € 1.7 million and equity of € 73,679. Compared with financial year 2024, the result moved from € 5,809 to € 55,407. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.
€ 73,679
▲ € 55,407 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55,407
▲ € 49,597 vs 2024
Profit after tax over the fiscal year.
€ 23,061
▼ 29% 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 € 71,179.
People and assets in 2025
42.2
▲ 13.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 56% vs 2024
€ 38,200 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.
€ 39,369
▲ 144% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 30,595
Supplier invoices still open on the last day of the fiscal year.
€ 180,169
▲ 49% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 955,946 | - | - | - | |
| Gross margin | € 730,616 | € 899,134 | € 1,079,103 | € 1,729,654 | ▲ 60% |
| Profit after taxes | € 16,925 | € -6,962 | € 5,809 | € 55,407 | ▲ € 49,597 |
| Equity | € 19,425 | € 12,463 | € 18,272 | € 73,679 | ▲ € 55,407 |
| Total debts | € 189,386 | € 323,782 | € 162,803 | € 210,764 | ▲ 29% |
| Cash | € 41,077 | € 12,304 | € 32,617 | € 23,061 | ▼ 29% |
| Retained profit | € 16,925 | € 9,963 | € 15,772 | € 71,179 | ▲ € 55,407 |
| Balance sheet total | € 208,812 | € 336,245 | € 181,075 | € 284,443 | ▲ 57% |
| Employees (FTE) | - | 25.4 | 28.7 | 42.2 | ▲ 13.5 |
Key figures of Work-Out, 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-Out?
What happened at Work-Out in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 55,407 (▲ € 49,597 vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,925 profit in 2022 to € 55,407 profit in 2025.
Paid € 60,359 in corporate taxes since 2022.
Best year ever: 2025, with € 55,407 profit.
On average € 41,000 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Dendermondsesteenweg 241
9040 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0775.511.733
- VAT number
- BE 0775.511.733
- Registered office
- Dendermondsesteenweg 241, 9040 Gent
- Names & denominations
- Work-Out
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 October 2021
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
Activiteiten van verpakkingsbedrijven
Activiteiten van slachthuizen
Verwerking en conservering van vlees, exclusief vlees van gevogelte
Verwerking en conservering van vlees van gevogelte
Verwerking en conservering van fruit, exclusief productie van diepgevroren fruit
Verwerking en conservering van groenten, exclusief productie van diepgevroren groenten