Financials
Financial year 2025
THE WORKSPACE COMPANY from Tielt, company number BE0790246627, closed financial year 2025 with a result of € 66,575 after tax. For that financial year THE WORKSPACE COMPANY recorded a gross margin of € 275,649 and equity of € 103,096. Compared with financial year 2024, the result moved from € 48,573 to € 66,575. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 25, 2026.
€ 103,096
▲ 182% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,575
▲ 37% vs 2024
Profit after tax over the fiscal year.
€ 269,677
▼ 54% 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 € 100,596.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 43,008
€ 43,000 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.
Debts at end 2025
€ 584,554
▼ 25% vs 2024
€ 40,956 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.3 million
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,423
▲ € 46,407 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -13,596 | € 108,760 | € 275,649 | ▲ 153% |
| Profit after taxes | € -14,552 | € 48,573 | € 66,575 | ▲ 37% |
| Equity | € -12,052 | € 36,521 | € 103,096 | ▲ 182% |
| Total debts | € 188,679 | € 2,177,560 | € 1,926,611 | ▼ 12% |
| Cash | € 4,049 | € 588,030 | € 269,677 | ▼ 54% |
| Retained profit | € -14,552 | € 34,021 | € 100,596 | ▲ 196% |
| Bank debt | € 100,000 | € 780,766 | € 584,554 | ▼ 25% |
| Balance sheet total | € 176,626 | € 2,214,080 | € 2,029,707 | ▼ 8% |
| Employees (FTE) | - | - | 1 |
Key figures of THE WORKSPACE COMPANY, fiscal years 2023 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 WORKSPACE COMPANY?
What happened at THE WORKSPACE COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 66,575 (▲ 37% vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,552 loss in 2023 to € 66,575 profit in 2025.
Paid € 23,216 in corporate taxes since 2023.
Best year ever: 2025, with € 66,575 profit.
On average € 275,600 of value added per employee in 2025.
A new publication or filing at THE WORKSPACE COMPANY? We notify you, reason included.
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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 THE WORKSPACE COMPANY are Sylvie Naessens and Jeroen Van Den Bossche. The same people are also behind BURO INVEST and OFFICECOM.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Galgenveldstraat 6
8700 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0790.246.627
- VAT number
- BE 0790.246.627
- Registered office
- Galgenveldstraat 6, 8700 Tielt
- Names & denominations
- THE WORKSPACE COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 2022
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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