Financials
Financial year 2025
WORK IN PROGRESS from Middelkerke, company number BE0866346689, closed financial year 2025 with a result of € 19,638 after tax. For that financial year WORK IN PROGRESS recorded a gross margin of € 43,478 and equity of € 115,066. Compared with financial year 2024, the result moved from € 15,895 to € 19,638. 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 June 30, 2026.
€ 115,066
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,638
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 35,271
▼ 49% 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 € 53,066.
People and assets in 2025
€ 32,505
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,359
▲ € 1,270 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,998
▲ 69% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 34,354 | € 42,741 | € 35,669 | € 43,478 | ▲ 22% |
| Profit after taxes | € 13,448 | € 20,841 | € 15,895 | € 19,638 | ▲ 24% |
| Equity | € 58,692 | € 79,533 | € 95,428 | € 115,066 | ▲ 21% |
| Total debts | € 127,758 | € 105,151 | € 74,599 | € 57,907 | ▼ 22% |
| Cash | € 75,945 | € 69,037 | € 69,657 | € 35,271 | ▼ 49% |
| Land & buildings | € 94,927 | € 89,447 | € 83,967 | € 78,487 | ▼ 7% |
| Retained profit | € -3,308 | € 17,533 | € 33,428 | € 53,066 | ▲ 59% |
| Bank debt | € 62,000 | € 62,000 | € 62,000 | € 0 | ▼ 100% |
| Balance sheet total | € 186,450 | € 184,684 | € 170,028 | € 172,973 | ▲ 2% |
Key figures of WORK IN PROGRESS, 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 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 2025: profit of € 19,638 (▲ 24% vs 2024). Source: NBB ↗
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,448 profit in 2022 to € 19,638 profit in 2025.
Paid € 30,951 in corporate taxes since 2022.
Best year ever: 2023, with € 20,841 profit.
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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 WORK IN PROGRESS are Magda Van Mol and Werner De Smedt.
Directors
According to the 2025 annual accounts
Magda Van Mol
Director
Werner De Smedt
Director
Establishments
Establishment units
Physical locations of this company
Essex Scottishlaan 90 box 0304
8434 Middelkerke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0866.346.689
- VAT number
- BE 0866.346.689
- Registered office
- Essex Scottishlaan 90 bus 0304, 8434 Middelkerke
- Names & denominations
- WORK IN PROGRESS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2004
- Peppol
- Active · Active since 4 Apr 2026
- Activities · NACE
Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Ontwikkeling van residentiële bouwprojecten
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
Vervaardiging van meubels
Zelfstandig werkende kunstenaars en artiesten
Projectontwikkeling voor woningbouw
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