Objectway
ActiveSummary
Objectway has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €16,003. Equity has been shrinking by about 6.9% per year since 2019. Its solvency ranks better than 42% of 1,683 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 23-05-2006 Normal situation
- Activity
- Computer programming NACE 62100
- Establishment unit
- 2.154.750.971 2800 Mechelen, since 29-06-2006
- Financial year end
- 30 June
- Peppol
- Reachable
Board and ownership
- Kurt VanheeDirector · since 27-11-2020
- David De MeyDirector
- Auditor
- PricewaterhouseCoopers Bedrijfsrevisoren BV
- OBJECTWAY S.P.A.consolidatedLEI register
- Holdings
- Shares in 1 company OBJECTWAY IRELAND LTD
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Turnover
- €13.2m
- ▼ 3.6%
- Profit
- €16,003
- ▼ 98.7%
- Equity
- €2.1m
- ▲ 0.8%
- Total assets
- €7.0m
- ▼ 19.3%
- Employees on 30-06-2025
- 38
- ▼ 2.6%
- 2025 accounts filed 131 days after the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingLast filed accounts filed 132 days late; 2 of the last 3 accounts lateProfit of €16,003 (financial year 2025)lowers riskLiquidity: current ratio 1.82, cash €2.2mSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, small). It does better than 38% of them on solvency, 81% on liquidity, 39% on profitability and 36% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 9 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Reappointments: David De Mey (director) and Kurt Vanhee (director)
- · Gazette deed Reappointment: PricewaterhouseCoopers Bedrijfsrevisoren BV (statutory auditor)
- · Gazette deed Appointment: David De Mey (director)
Comparable companies
These companies have the same main activity as Objectway: computer programming (NACE 62100). They are comparable in size and age: total assets between €5.5m and €8.3m, founded between 2000 and 2010.
| Company | Total assets | Turnover |
|---|---|---|
| Objectway Mechelen | €7.0m | €13.2m |
| ASTENA Kontich | €5.7m | €9.0m |
| TOPDESK BELGIUM Antwerpen | €8.3m | €8.6m |
| Suivo Edegem | €6.1m | €8.2m |
| iCHOOSR Antwerpen | €5.5m | €11.2m |
| M2Q Kontich | €5.5m | €6.9m |
| Esprit ICT Healthcare Belgium Izegem | €5.9m | €11.9m |
Key facts about Objectway
- What is the company number of Objectway?
- The company number of Objectway is 0881.564.110. The VAT number is the same number with BE in front: BE 0881.564.110.
- Where is Objectway based?
- The registered office is at Zandvoortstraat 45C, 2800 Mechelen.Company details
- What does Objectway do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of Objectway?
- The legal form of Objectway is Public limited company (NV).
- When was Objectway founded?
- Objectway was founded on 23-05-2006.
- Is Objectway still active?
- Yes, Objectway is an active enterprise in the KBO register.
- How many employees does Objectway have?
- Objectway had an average of 36.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Objectway?
- The turnover of Objectway was €13.2m in financial year 2025, according to the filed annual accounts.
- Is Objectway profitable?
- In financial year 2025, Objectway made a profit of €16,003.
- Where can I find the annual accounts of Objectway?
- Objectway filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Objectway due?
- Objectway must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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