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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 April 2026 and has not been filed.
Financials
Financial year 2024
WORK IN PROGRESS from Grimbergen, company number BE0860855697, closed financial year 2024 with a result of € 5,845 after tax. For that financial year WORK IN PROGRESS recorded a gross margin of € 33,470 and equity of € 118,007. Compared with financial year 2023, the result moved from € 16,629 to € 5,845. The company is profitable. 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 April 30, 2025.
€ 118,007
▲ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,845
▼ 65% vs 2023
Profit after tax over the fiscal year.
€ 85,274
▼ 2% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 99,407.
People and assets in 2024
€ 84,541
▼ 19% vs 2023
Of which on lease € 83,929.
Debts at end 2024
€ 51,176
▼ 36% vs 2023
€ 29,859 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 6,915
▼ 61% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 39,696 | € 48,343 | € 33,470 | ▼ 31% |
| Profit after taxes | € 10,777 | € 16,629 | € 5,845 | ▼ 65% |
| Equity | € 95,533 | € 112,162 | € 118,007 | ▲ 5% |
| Total debts | € 119,425 | € 110,090 | € 62,870 | ▼ 43% |
| Cash | € 61,204 | € 86,936 | € 85,274 | ▼ 2% |
| Land & buildings | € 2,102 | € 1,831 | € 1,559 | ▼ 15% |
| Retained profit | € 76,933 | € 93,562 | € 99,407 | ▲ 6% |
| Bank debt | € 108,209 | € 79,383 | € 51,176 | ▼ 36% |
| Balance sheet total | € 214,958 | € 222,252 | € 180,876 | ▼ 19% |
Key figures of WORK IN PROGRESS, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 April 2026.
What happened to WORK IN PROGRESS?
What happened at WORK IN PROGRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 5,845 (▼ 65% vs 2023). Source: NBB ↗
- New establishment in Grimbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,777 profit in 2022 to € 5,845 profit in 2024.
Paid € 11,617 in corporate taxes since 2022.
Best year ever: 2023, with € 16,629 profit.
Management
Behind WORK IN PROGRESS are Katty LAMENS and Gerrit TULKENS. Katty LAMENS is also behind NAV, Netwerk Architecten Vlaanderen. Gerrit TULKENS is also behind Cypres, CYPRES DIGITAL MEDIA, PROPAGANDA, CEDAR HOUSE and BEAU'HOUSE.
Directors
According to the 2024 annual accounts
Gerrit TULKENS
Director
Also active at: Cypres, CYPRES DIGITAL MEDIA, PROPAGANDA, CEDAR HOUSE, BEAU'HOUSE, We Are Digital, Imperio, CONTENT MAKERS +2 more
Establishments
Establishment units
Physical locations of this company
Hof ter Wilderlaan 18
1851 Grimbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0860.855.697
- VAT number
- BE 0860.855.697
- Registered office
- Hof ter Wilderlaan 18, 1851 Grimbergen
- Names & denominations
- WORK IN PROGRESS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 2003
- Peppol
- Active · Active since 26 Dec 2025
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