Financials
- Financial year
- 2024
- Turnover
- €9.6m
- Profit
- €216,196
- Solvency
- 31.8%
Turnover▲ 2.8%
Net result
20202024
Other World Computing Europe
ActiveSummary
The computed 12-month bankruptcy probability of Other World Computing Europe is 6.0% (elevated). The 2024 annual accounts show equity of €2.3m and a net result of €216,196. Equity is growing by about 48% per year across the filed financial years. Its solvency ranks better than 49% of 6,487 sector peers (NACE 47, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Retail sale of information and communication equipment
NACE 47400Wholesale of information and communication equipment NACE 46500
1 site
Size
€9.6mturnover 2024
- Staff
- 8.9 FTE
- Equity
- €2.3m
- Profit
- €216,196
Structure
2025 accounts not filed, 87 days past the deadline1 of 4 deeds summarised
Why 37raises riskFigures for financial year 2024 (filed 11-02-2026)1 financial year not filed after the legal deadline; last filed accounts filed 194 days late; 3 of the last 3 late1 change of registered office in 24 monthslowers riskLiquidity: current ratio 4.13, cash €947,391Show the evidence
Checked score
Score 2024
37
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 53% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Strong
Solvency
57+2
equity 31.8% of total assets
Liquidity
58+7
short-term debt 23.9% · cash 13.2%
Profitability
65+2
return on assets 3.0%
Bankruptcy probability, 12 months
6.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.3%
12-2024: 2.7%▲ +0.4 percentage points vs 11-2024
01-2025: 3.8%▲ +1.1 percentage points vs 12-2024
02-2025: 3.8%● unchanged vs 01-2025
03-2025: 3.5%▼ -0.3 percentage points vs 02-2025
04-2025: 3.1%▼ -0.4 percentage points vs 03-2025
05-2025: 3.1%● unchanged vs 04-2025
06-2025: 3.1%● unchanged vs 05-2025
07-2025: 1.5%▼ -1.6 percentage points vs 06-2025lowest value
08-2025: 1.9%▲ +0.4 percentage points vs 07-2025
09-2025: 2.3%▲ +0.4 percentage points vs 08-2025
10-2025: 7.1%▲ +4.8 percentage points vs 09-2025
11-2025: 7.1%● unchanged vs 10-2025
12-2025: 7.6%▲ +0.5 percentage points vs 11-2025
01-2026: 9.4%▲ +1.8 percentage points vs 12-2025highest value
02-2026: 9.4%● unchanged vs 01-2026highest value
03-2026: 1.7%▼ -7.7 percentage points vs 02-2026
04-2026: 1.7%● unchanged vs 03-2026
05-2026: 1.9%▲ +0.2 percentage points vs 04-2026
06-2026: 1.9%● unchanged vs 05-2026
07-2026: 2.1%▲ +0.2 percentage points vs 06-2026
08-2026: 2.7%▲ +0.6 percentage points vs 07-2026
09-2026: 3.6%▲ +0.9 percentage points vs 08-2026
10-2026: 6.0%▲ +2.4 percentage points vs 09-2026
Credit of up to €80,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 4.13, compared with 4.37 in 2023, above the usual 1.5; short-term debt: 23.9% and cash: 13.2% of total assets), but 68.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 47% on solvency, 64% on liquidity, 46% on profitability and 57% on growth.
The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.
NBB · 7 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 today
raises risk · 2024 accounts filed 194 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-02-2026, 194 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 7 filingsDeviation from the deadline
2025
not filed
2024
194 days late
2023
307 days late
2022
127 days late
2021
122 days late
2020
255 days late
2019
25 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 172 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · full…
- Resignation: Petra Rubens (lasthebber)Permanent representative: Evelien De Bondt…
- Annual accounts filedfinancial year 2023 · full…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2019
- 31-12-2023Equity above €2m
- 05-12-2023Annual accounts filed
- 31-12-2022Highest result from 2018 to 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of information and communication equipmentNACE 47400
- Founded
- 03-03-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about Other World Computing Europe
- What is the company number of Other World Computing Europe?
- 0672.505.651. In Belgium the VAT number is the company number with BE in front: BE 0672.505.651.
- Where is Other World Computing Europe based?
- The registered office is at Vaartdijk 59, 3018 Leuven.Company details
- What does Other World Computing Europe do?
- According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
- What is the legal form of Other World Computing Europe?
- Private limited company (BV).
- When was Other World Computing Europe founded?
- On 03-03-2017.
- Is Other World Computing Europe still active?
- Yes, Other World Computing Europe is an active enterprise in the KBO register.
- How many employees does Other World Computing Europe have?
- On average 8.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of Other World Computing Europe?
- €9.6m in financial year 2024, according to the filed annual accounts.
- Is Other World Computing Europe profitable?
- In financial year 2024, Other World Computing Europe made a profit of €216,196.
- Where can I find the annual accounts of Other World Computing Europe?
- Other World Computing Europe filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to Other World Computing Europe
Comparable companies
- LiveRentalZaventem
- DESIGN DIFFUSIONSprimont
- ETABLISSEMENTS STEYLEMANSBrussel
- HF INFORMATIQUELiège
- NOESIS SOLUTIONSLeuven
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.