Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
38 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
WORK INVESTMENT VEHICLE from Oudergem, company number BE0790740337, closed financial year 2025 with a result of € 47,206 after tax. For that financial year WORK INVESTMENT VEHICLE recorded revenue of € 1.5 million and equity of € 2 million. Compared with financial year 2024, the result moved from € -38,421 to € 47,206. 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 May 27, 2026.
€ 2 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,206
▲ still € 38,421 loss in 2024
Profit after tax over the fiscal year.
€ 40,836
▼ 25% 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 € -31,744.
People and assets in 2025
€ 18.6 million
Of which on lease € 18.4 million.
Debts at end 2025
€ 16.6 million
€ 869,075 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 35,578
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 17 days on average.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 6,422,000 | € 11,909,979 | € 1,472,338 | ▼ 88% |
| Profit after taxes | € -40,529 | € -38,421 | € 47,206 | ▲ € 85,626 |
| Equity | € 21,471 | € 1,983,050 | € 2,030,256 | ▲ 2% |
| Total debts | € 1,513,011 | € 385,246 | € 18,737,126 | ▲ € 18.4 million |
| Cash | € 78,796 | € 54,088 | € 40,836 | ▼ 25% |
| Land & buildings | - | - | € 1,355,268 | |
| Retained profit | € -40,529 | € -78,950 | € -31,744 | ▲ € 47,206 |
| Bank debt | € 0 | € 0 | € 16,552,514 | |
| Balance sheet total | € 1,534,483 | € 2,368,297 | € 20,767,382 | ▲ € 18.4 million |
Key figures of WORK INVESTMENT VEHICLE, 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 WORK INVESTMENT VEHICLE?
What happened at WORK INVESTMENT VEHICLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thierry COLLARD stepped down as director. NBB
- Christophe VAN OPHEM stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 47,206. Source: NBB ↗
- Sébastien DELMARCHE stepped down as director. NBB
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Start of the company according to the CBE. KBO
- Sébastien DELMARCHE became a director. NBB
- Thierry COLLARD became a director. NBB
In short
From € 40,529 loss in 2023 to € 47,206 profit in 2025.
Best year ever: 2025, with € 47,206 profit.
Pays suppliers within 17 days on average.
A new publication or filing at WORK INVESTMENT VEHICLE? 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
The stake of EIFFAGE CONSTRUCTION BeLux, EIFFAGE DEVELOPMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WORK INVESTMENT VEHICLEThe shares are held by EIFFAGE CONSTRUCTION BeLux (100%) and EIFFAGE DEVELOPMENT (0%).
Directors
According to the 2025 annual accounts
Sébastien DELMARCHE
Director
Also active at: F-IMMO, EIFFAGE REAL ESTATE BELGIUM, PICADILLY 500, SABLON 600
since 2022 · until 2025
Thierry COLLARD
Managing director
Also active at: F-IMMO, EIFFAGE REAL ESTATE BELGIUM, PICADILLY 500, SABLON 600
since 2022 · until 2028
Christophe VAN OPHEM
Chairman of the board
Also active at: F-IMMO, EIFFAGE REAL ESTATE BELGIUM, PICADILLY 500, SABLON 600, LAND INVESTMENT VEHICLE
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gustave Demeylaan 66 box 3
1160 Oudergem
Brugmannlaan 27A
1060 Sint-Gillis (bij-Brussel)
Active since 13 September 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 38 companies are registered at this address.
All companies at this address →F-IMMO same network
€ 47,528 revenue · 2025
EIFFAGE REAL ESTATE BELGIUM same network
€ 5.2 million revenue · 2025
EIFFAGE CONSTRUCTION BeLux same network
€ 7.8 million revenue · 2025
VALENS
€ 95.9 million revenue · 2025
CECOM CENTRE
€ 2.2 million revenue · 2025
+33 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0790.740.337
- VAT number
- BE 0790.740.337
- Registered office
- Gustave Demeylaan 66 bus 3, 1160 Oudergem
- Names & denominations
- WORK INVESTMENT VEHICLE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 September 2022
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected]
- Activities · NACE
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