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PAYWORLD BELGIUM

Active
Private limited companyfounded 2012active for 13 yearsBurg. Maenhautstraat 44, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0508.605.840
Summary

PAYWORLD BELGIUM has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.2m and a net result of €1.6m. Equity has been shrinking by about 11% per year since 2019. Its solvency ranks better than 81% of 2,815 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 20-12-2012 Normal situation
Activity
Other business support services NACE 82990and 1 other
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.215.001.235 9820 Merelbeke-Melle, since 26-12-2012
Financial year end
31 December
Peppol
Reachable since 29-09-2025

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€5.0m
Turnover
≈ €7.7m
estimated
Profit
€1.6m
Equity
€3.2m
Total assets
€4.0m
Employees on 31-12-2025
24
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 2.83, cash €491,954Figures for financial year 2025 (filed on 29-05-2026)Size: 18.8 FTE, total assets €4.0mShow the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 88% of small companies in office administrative support (NACE 82)
Financial strength · tick: 2024
Strong
Solvency 100+12
equity 79.1% of total assets
Liquidity 60-5
short-term debt 18.7% · cash 12.3%
Profitability 100=
return on assets 40.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,120 companies, NACE 82, small)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: < 0.1%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%▲ +0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.2%▲ +0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.2 percentage points vs 04-2026highest value 06-2026: 0.1%▼ -0.3 percentage points vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €300,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.83 (2.05 in 2024), above the usual 1.5. Short-term debt is 18.7% and cash 12.3% of total assets. 20.9% of the assets are financed with debt and provisions.
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 82, small). It does better than 89% of them on solvency, 77% on liquidity and 97% on profitability.

The bankruptcy probability was computed on 03-11-2026 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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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 2.83, cash €491,954
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 29-05-2026)
NBB · annual accounts
lowers risk · Size: 18.8 FTE, total assets €4.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
63 days early
2024
79 days early
2023
90 days early
2022
95 days early
2021
74 days early
2020
92 days early
2019
20 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 73 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in office administrative supportsector median €21,059 · 2,817 companies €1.6m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: Equity rose in 2025from €2.2m to €3.2m ▲ 45.5% View
  • Positive: 7 profitable years in a rowprofit 2025: €1.6m 7 years View
  • Branch transferred to EP BEVO INVESTcontribution on 28-10-2024 2024 View

Recent changes

  1. · Gazette deed Appointment: Peter Becaus (voorzitter van het bestuursorgaan)Permanent representative: Christ Taghon
  2. · Gazette deed Resignation: Volckaert Emmy (director)
  3. · Gazette deed Registered office
All 21 events

Comparable companies

These companies have the same main activity as PAYWORLD BELGIUM: other business support services (NACE 82990). They are comparable in size and age: total assets between €2.4m and €7.1m, founded between 2008 and 2017.

CompanyTotal assetsGross margin
PAYWORLD BELGIUM Merelbeke-Melle€4.0m€5.0m
LSGI SERVICES Bastogne€3.9m€5.2m
CORPORATE BENEFITS BENELUX Hasselt€5.0m€4.9m
AXEASY Ukkel€4.4m€3.3m
Spotify Belgium Brussel€2.4m€3.4m
Techlink Zaventem€7.1m€3.7m
FORWARD Services Hasselt€3.3m€3.6m
Full comparison

Key facts about PAYWORLD BELGIUM

What is the company number of PAYWORLD BELGIUM?
The company number of PAYWORLD BELGIUM is 0508.605.840. The VAT number is the same number with BE in front: BE 0508.605.840.
Where is PAYWORLD BELGIUM based?
The registered office is at Burg. Maenhautstraat 44, 9820 Merelbeke-Melle.Company details
What does PAYWORLD BELGIUM do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of PAYWORLD BELGIUM?
The legal form of PAYWORLD BELGIUM is Private limited company (BV).
When was PAYWORLD BELGIUM founded?
PAYWORLD BELGIUM was founded on 20-12-2012.
Is PAYWORLD BELGIUM still active?
Yes, PAYWORLD BELGIUM is an active enterprise in the KBO register.
How many employees does PAYWORLD BELGIUM have?
PAYWORLD BELGIUM had an average of 18.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PAYWORLD BELGIUM fall under?
In its 2025 annual accounts, PAYWORLD BELGIUM states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of PAYWORLD BELGIUM?
The turnover in financial year 2025 is ≈ €7.7m. This figure is estimated from the gross margin of €5.0m and 40 comparable companies (NACE 82). It probably lies between €5.8m and €11.0m.
Is PAYWORLD BELGIUM profitable?
In financial year 2025, PAYWORLD BELGIUM made a profit of €1.6m.
Where can I find the annual accounts of PAYWORLD BELGIUM?
PAYWORLD BELGIUM filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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