What does The Workwear Group do?

The Workwear Group is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 3 March 2022, 1 establishment.

What is the address of The Workwear Group?

The registered office of The Workwear Group is located at Scheldelindeweg 5, 9052 Gent.

Is The Workwear Group still active?

Yes. According to the CBE (29 October 2026) The Workwear Group is active, legal situation “Normale toestand”, started on 3 March 2022.

Is The Workwear Group registered on Peppol?

Yes, The Workwear Group is registered on the Peppol network with ID 0208:0782848594.

What is the enterprise number of The Workwear Group?

The enterprise number of The Workwear Group is BE0782848594.

When was The Workwear Group founded?

The Workwear Group was founded on 3 March 2022.

Who are the directors of The Workwear Group?

According to the 2025 annual accounts, the directors of The Workwear Group are: INVM BV, PGMS NV, Heath Road BV, O'Tentic BV.

Is The Workwear Group a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 March 2022; 4 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did The Workwear Group make in 2025?

The Workwear Group posted a profit after taxes of € 7,471,864 in financial year 2025.

The Workwear Group (Private Limited) - Gent

Dossier The Workwear Group, printed on 29 October 2026 from databakkes.be/en/0782848594/the-workwear-group. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

25 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

The Workwear Group from Gent, company number BE0782848594, closed financial year 2025 with a result of € 7.5 million after tax. Compared with financial year 2024, the result moved from € 294,729 to € 7.5 million. 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 July 17, 2026.

What it is worth Growing

€ 41.4 million

▲ 22% vs 2024

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

Profit Growing

€ 7.5 million

▲ € 7.2 million vs 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 7.4 million.

Debts at end 2025

Bank debt

€ 2.2 million

▼ 20% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 195,183

▲ 7% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 65 days on average.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Profit after taxes	€ -582,664 Profit after taxes 2022: € -582,664 First fiscal year in the series	€ 259,537 Profit after taxes 2023: € 259,537 ▲ € 842,202 vs 2022 (€ -582,664) Favourable step	€ 294,729 Profit after taxes 2024: € 294,729 ▲ 14% vs 2023 (€ 259,537) Favourable step	€ 7,471,864 Profit after taxes 2025: € 7,471,864 ▲ € 7.2 million vs 2024 (€ 294,729) Favourable step	▲ € 7.2 million
Equity	€ 33,381,791 Equity 2022: € 33,381,791 First fiscal year in the series	€ 33,641,328 Equity 2023: € 33,641,328 ▲ 1% vs 2022 (€ 33,381,791) Favourable step	€ 33,936,057 Equity 2024: € 33,936,057 ▲ 1% vs 2023 (€ 33,641,328) Favourable step	€ 41,407,921 Equity 2025: € 41,407,921 ▲ 22% vs 2024 (€ 33,936,057) Favourable step	▲ 22%
Total debts	€ 2,675,136 Total debts 2022: € 2,675,136 First fiscal year in the series	€ 2,844,404 Total debts 2023: € 2,844,404 ▲ 6% vs 2022 (€ 2,675,136) Unfavourable step	€ 2,975,242 Total debts 2024: € 2,975,242 ▲ 5% vs 2023 (€ 2,844,404) Unfavourable step	€ 2,439,641 Total debts 2025: € 2,439,641 ▼ 18% vs 2024 (€ 2,975,242) Favourable step	▼ 18%
Cash	€ 900,042 Cash 2022: € 900,042 First fiscal year in the series	-	-	-
Retained profit	€ -582,664 Retained profit 2022: € -582,664 First fiscal year in the series	€ -323,127 Retained profit 2023: € -323,127 ▲ € 259,537 vs 2022 (€ -582,664) Favourable step	€ -28,398 Retained profit 2024: € -28,398 ▲ € 294,729 vs 2023 (€ -323,127) Favourable step	€ 7,443,466 Retained profit 2025: € 7,443,466 ▲ € 7.5 million vs 2024 (€ -28,398) Favourable step	▲ € 7.5 million
Bank debt	€ 2,582,458 Bank debt 2022: € 2,582,458 First fiscal year in the series	€ 2,685,757 Bank debt 2023: € 2,685,757 ▲ 4% vs 2022 (€ 2,582,458) Unfavourable step	€ 2,793,188 Bank debt 2024: € 2,793,188 ▲ 4% vs 2023 (€ 2,685,757) Unfavourable step	€ 2,244,458 Bank debt 2025: € 2,244,458 ▼ 20% vs 2024 (€ 2,793,188) Favourable step	▼ 20%
Balance sheet total	€ 36,056,926 Balance sheet total 2022: € 36,056,926 First fiscal year in the series	€ 36,485,732 Balance sheet total 2023: € 36,485,732 ▲ 1% vs 2022 (€ 36,056,926) Unchanged	€ 36,911,299 Balance sheet total 2024: € 36,911,299 ▲ 1% vs 2023 (€ 36,485,732) Unchanged	€ 43,847,562 Balance sheet total 2025: € 43,847,562 ▲ 19% vs 2024 (€ 36,911,299) Unchanged	▲ 19%

Key figures of The Workwear 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 Workwear Group?

What happened at The Workwear Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 O'Tentic BV stepped down as director. NBB
Jul 17, 2026 New annual accounts for financial year 2025: profit of € 7.5 million (▲ € 7.2 million vs 2024). Source: NBB ↗
2026 Heath Road BV stepped down as director. NBB
2023 Heath Road BV became a director. NBB
2023 O'Tentic BV became a director. NBB
Mar 3, 2022 New establishment in Gent. KBO
2022 INVM BV became a director. NBB
2022 PGMS NV became a director. NBB

In short

From € 582,664 loss in 2022 to € 7.5 million profit in 2025.

Best year ever: 2025, with € 7.5 million profit.

Pays suppliers within 65 days on average.

Original PDFs at the National Bank ↗

Management

DOVESCO INVESTERINGSVEHIKEL II 65.2%

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

The Workwear Group

Dassy Europe 100%

Belconfect 100%

Radius Leasewear 100%

Behind The Workwear Group are INVM BV and PGMS NV. The shares are held by DOVESCO INVESTERINGSVEHIKEL II (65.2%). It owns 100% of Dassy Europe, 100% of Belconfect and 100% of Radius Leasewear itself.

Directors

According to the 2025 annual accounts

INVM BV

Director · represented by Tommy Braet

Also active at: Qhold International, Radius LeaseWear

since 2022

PGMS NV

Director · represented by Philip Ghekiere

Also active at: KINEPOLIS GROUP, Belconfect, TWG Service, PROTEQ, Radius LeaseWear, DRESS CONFECT, TWG Real Estate, LEMCO VASTGOED +1 more

since 2022

Heath Road BV

Chairman of the board · represented by Johan Deburchgrave

Also active at: Belysse Group

since 2023 · until 2026

O'Tentic BV

Managing director · represented by Veronique Mulliez

Also active at: Belconfect, TWG Service, PROTEQ, Radius LeaseWear, DRESS CONFECT, TWG Real Estate, DASSY EUROPE

since 2023 · until 2027

Shareholders

DOVESCO INVESTERINGSVEHIKEL II

65.2%

Participations

Dassy Europe

100%

Belconfect

100%

Radius Leasewear

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Scheldelindeweg 5

9052 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.

All companies at this address →

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

Details

Company number

0782.848.594

VAT number

BE 0782.848.594

Registered office

Scheldelindeweg 5, 9052 Gent

Names & denominations

The Workwear Group · TWG

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

3 March 2022

Peppol

Active · Active since 15 Dec 2025

Activities · NACE

Activiteiten van holdings

Holdings

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Activiteiten van hoofdkantoren

Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗

The Workwear Group

Warning lights

Financials

What happened to The Workwear Group?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions