LWB

What LWB does

LWB NV is a licensed Belgian payroll and HR services provider headquartered in Beringen with a second office in Dendermonde, serving small and medium enterprises, start-ups, and sole traders primarily in Flanders and East Flanders. The company was founded in 1996, acquired by SD Worx in 2006 (legal form converted to NV), and merged with fellow SD Worx subsidiary SAK Termonde in January 2020, growing to 35 employees serving more than 2,800 customers today.

LWB's offering comprises five service pillars: Payroll Administration (monthly wage processing, tax withholdings, social security filings, turnaround within two business days), Personnel administration (first-hire guidance, Dimona declarations, employment contract drafting), Social Security and Legal Advice, Social Security Audit and Assistance (inspection preparation), and Enterprise Counter services delivered in partnership with Xerius. Client-facing digital tools include a Klantenzone/Espace Client portal, the EASY online submission tool, the SD Worx-powered Ella digital HR assistant for socio-legal questions, and Doccle-based digital payroll document delivery. Underlying technology relies on SD Worx's centralized payroll/legal knowledge base rather than proprietary AI or platform IP.

The business model is professional services revenue, with quote-based fees tailored per client and sold via personal, dedicated account managers who handle the full client file without departmental routing. Distribution is direct, anchored on the two physical offices, supplemented by referral relationships with accounting firms and the Xerius partnership. Customer mix is highly fragmented (hospitality, ICT services, environmental nonprofits, heating/cooling, automotive, energy), with several 15-20+ year relationships indicating low individual customer concentration but a mature, stable book. Revenue is not publicly disclosed, and there is no external funding, IPO, or active M&A activity beyond the 2020 internal merger.

Name

LWB

Legal name

LWB NV

Website

https://lwb-info.be

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

LWB is a Belgian payroll and HR services provider serving 2,800+ SMEs, start-ups, and sole traders from offices in Beringen and Dendermonde, operating as a subsidiary of SD Worx since 2006.

Ownership category

akta.pro rank

Product category

Payroll & HR Services

NAICS

Payroll Services (541214), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121)

SIC

Services-Miscellaneous Business Services (7380), Services-Management Services (8741)

akta.pro primary industry

Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB)

akta.pro secondary industries

Payroll Outsourcing & Pay Administration (Multi-country/Managed Payroll) (BPACAKAD), Employer Payroll Processing (SMB & Enterprise) (FSAMAKAA), HR Service Delivery, Case Management & Employee Self-Service (BPACAPAL)

Keywords

• Payroll administration
• HR administration
• Social security advice
• Business registration services
• SME payroll services

Headquarters

HQ city

Beringen

HQ country

Belgium

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Payroll Administration Services: LWB generates revenue through service fees for payroll processing, social security administration, and HR consulting services to SMEs, start-ups, and sole traders in Belgium.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

LWB provides outsourced payroll and HR administration, social security and labor-law advisory, and business registration (company formation) services to Belgian SMEs, startups, and sole traders. The offering is delivered as a service-led engagement combining personal local advisor support with the parent SD Worx Group's payroll processing platform.

Product overview

LWB is a licensed Belgian payroll and HR services provider offering a unified suite of services under a dedicated account manager model. The core portfolio comprises five service areas: Payroll Administration (monthly wage processing, tax withholdings, social security filings), Personnel (HR administration, international employment, first-hire support), Social Security and Legal Advice (employment law advisory, contract drafting, government negotiations), Social Security Audit & Assistance (inspection preparation and accompaniment), and Enterprise Counter (business registration via Xerius partnership). Client-facing digital tools include the Client Portal, EASY online for monthly performance submissions, and Ella, a SD Worx-powered digital HR assistant. All services are supported by SD Worx knowledge resources and delivered with a personalised, human-scale approach.

Differentiator

Problem solved

Functional benefit

Products and services

• Payroll Administration

Quantifiable outcome

• Payroll processed within 2 business days, usually within 24 hours
• +1 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• SAK TermondecoreStrategic or Co-development Partner · 1 January 2020In 2020, LWB merged with SAK Termonde (another SD Worx subsidiary). LWB Beringen and SAK Dendermonde joined forces to offer clients a more versatile range of services. SAK had been active since 1983 as a service provider in payroll administration and HR advice.
• SD WorxcoreStrategic or Co-development Partner · 1 January 2006LWB is a subsidiary of social secretariat SD Worx. They operate independently but can call on SD Worx know-how including knowledge database and legal aid. This partnership enables LWB to provide flawless service while maintaining personalized local approach.
• XeriusminorChannel Partner/ Reseller/ DistributorLWB works together with Xerius for their enterprise counter services. Xerius experts help entrepreneurs with business registration questions, from applying for business numbers to changing existing business names or locations.
• Accounting Firms (Boekhoudkantoren)minorChannel Partner/ Reseller/ DistributorLWB works closely with accounting firms, offering commission for introducing new accounts and providing free online document access through their platform.

Scale indicators4 records

Recent moves8 records

Expansion highlights4 records

Market position

Strengths5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/LWB.info
• LinkedInlinkedin.com/company/loon--en-weddebeheer-nv

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LWB