Financials
Financial year 2025
THE WORKS ! from Gent, company number BE0886646019, closed financial year 2025 with a result of € 68,109 after tax. For that financial year THE WORKS ! recorded a gross margin of € 100,226 and equity of € 264,635. Compared with financial year 2024, the result moved from € 40,676 to € 68,109. 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 August 24, 2026.
€ 264,635
▲ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 68,109
▲ 67% vs 2024
Profit after tax over the fiscal year.
€ 76,293
▲ € 58,734 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 € 253,635.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 45,115
▲ 212% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 37,088
▲ € 33,707 vs 2024
€ 6,198 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 8,334
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,555
▲ 54% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,168 | € 14,569 | € 61,289 | € 100,226 | ▲ 64% |
| Profit after taxes | € 1,974 | € 5,851 | € 40,676 | € 68,109 | ▲ 67% |
| Equity | € 149,999 | € 155,850 | € 196,526 | € 264,635 | ▲ 35% |
| Total debts | € 12,645 | € 27,755 | € 33,618 | € 74,862 | ▲ 123% |
| Cash | € 37,665 | € 6,039 | € 17,558 | € 76,293 | ▲ € 58,734 |
| Retained profit | € 138,999 | € 144,850 | € 185,526 | € 253,635 | ▲ 37% |
| Bank debt | € 0 | € 2,667 | € 3,381 | € 37,088 | ▲ € 33,707 |
| Balance sheet total | € 162,644 | € 183,605 | € 230,144 | € 339,496 | ▲ 48% |
Key figures of THE WORKS !, 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 WORKS !?
What happened at THE WORKS ! in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 68,109 (▲ 67% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,974 profit in 2022 to € 68,109 profit in 2025.
Paid € 50,686 in corporate taxes since 2022.
Best year ever: 2025, with € 68,109 profit.
Management
Behind THE WORKS ! is Willem Coessens. Willem Coessens is also behind Journalismfund Europe.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Esperantostraat 19
9040 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
TRANSIP-AS Amsterdam, the Netherlands, NL
Domain
Domain
theworks.eu
Registrar
One.com A/S
Website info
Features
Security
Network
Details
- Company number
- 0886.646.019
- VAT number
- BE 0886.646.019
- Registered office
- Esperantostraat 19, 9040 Gent
- Names & denominations
- THE WORKS !
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 January 2007
- Peppol
- Active · Active since 28 May 2025
- Contact
- theworks.eu
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