WEB-CONSTRUCTIONS
InactiveOverview
Activity
“Drucken von Zeitungen,einschließlich Werbezeitungen (Nacebelcode 1811001)” (deed in German)
From the articles, 28 activitiesNo NACE code in the KBO yet
Size
€139,798total assets 2024
- Equity
- €122,899
- Profit
- €29,712
Financial health
Inactive: no score
Structure
- Parent
- LIGNA-systems Holding · 100%
- S-work-SDirector · permanent representative Stephan SCHWALL
- ODU Management GmbHDirector
4 of 12 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-07-2025, 16 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2024
16 days early
2023
5 days early
2022
8 days late
2021
37 days early
2020
26 days late
2019
34 days late
2018
22 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 5 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · full…
- RestructuringMerger · Share issue ·…
- RestructuringPermanent representative: Michael HILGERS ·…
Financials · financial year 2024, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€29,712▼ 16.5%
2023 · €35,583
Working capital
€57,442▲ 448%
2023 · €10,480
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result falls in 2024; 2024 is 19% below 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€42,780
2024
Net result€29,712
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€139,798
2024
Equity€122,899
2024
Debt€16,898
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€57,442
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)0.2
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€14,874-€11,058▼ 25.7%€10,355▼ 6.4%€46,598▲ 350%€41,033▼ 11.9%€52,814▲ 28.7%€42,780▼ 19.0%
Net result-€740--€4,034▼ 445%-€2,815▲ 30.2%€26,453€25,281▼ 4.4%€35,583▲ 40.8%€29,712▼ 16.5%
Equity€12,719-€8,685▼ 31.7%€5,871▼ 32.4%€32,324▲ 451%€57,605▲ 78.2%€93,188▲ 61.8%€122,899▲ 31.9%
Total assets€455,784-€321,367▼ 29.5%€254,500▼ 20.8%€234,179▼ 8.0%€212,266▼ 9.4%€140,645▼ 33.7%€139,798▼ 0.6%
Debt€443,064-€312,681▼ 29.4%€248,629▼ 20.5%€201,855▼ 18.8%€154,661▼ 23.4%€47,457▼ 69.3%€16,898▼ 64.4%
Working capital€2,747--€5,058-€14,474▼ 186%€949€11,524▲ 1,115%€10,480▼ 9.1%€57,442▲ 448%
Staff (FTE)3.1-1.4▼ 54.8%1.4=1.5▲ 7.1%0.2▼ 86.7%
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €139,798
Fixed assets
€65,457 ▼ 40.0%
Current assets
€74,341 ▲ 136%
Equity and liabilities €139,798
Equity
€122,899 ▲ 31.9%
Debt
€16,898 ▼ 64.4%
Debt's share of the balance-sheet total falls from 33.7% to 12.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€86,407▼
2023 · €97,181
Cash flow
€73,338▼
2023 · €79,950
Current ratio
4.40▲
2023 · 1.50
Debt to equity
0.14▼
2023 · 0.51
ROE
24.2%▼
2023 · 38.2%
ROA
21.3%▼
2023 · 25.3%
Interest coverage
28.57▲
2023 · 18.05
Debt ≤ 1 year
€16,898▼
2023 · €21,032
Income taxes
€10,201▼
2023 · €11,861
Staff costs
-€231▼
2023 · €43
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €18,760 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €85,957 | €9,180 | €43 | -€231 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,492 | €45,173 | €45,970 | €52,745 | €42,857 | €44,367 | €43,626 | ▼ 1.7% |
| Other operating charges640/8 | - | - | - | €3,249 | €718 | €384 | €387 | ▲ 0.8% |
| Non-recurring operating charges66A | - | - | - | - | €966 | - | - | - |
| Gross operating margin9900 | €249,813 | €136,687 | €147,756 | €188,549 | €94,753 | €97,609 | €86,563 | ▼ 11.3% |
| Operating profit (loss)9901 | €14,874 | €11,058 | €10,355 | €46,598 | €41,033 | €52,814 | €42,780 | ▼ 19.0% |
| Financial income75/76B | - | - | - | €1,481 | - | €13 | €157 | ▲ 1,152% |
| Recurring financial income75 | €5,598 | €866 | €913 | €1,481 | - | €13 | €157 | ▲ 1,152% |
| Financial charges65/66B | - | - | - | €8,197 | €7,025 | €5,383 | €3,024 | ▼ 43.8% |
| Recurring financial charges65 | €12,907 | €11,628 | €10,144 | €8,197 | €7,025 | €5,383 | €3,024 | ▼ 43.8% |
| Profit (loss) for the period before taxes9903 | €7,566 | €297 | €1,124 | €39,882 | €34,008 | €47,444 | €39,913 | ▼ 15.9% |
| Income taxes67/77 | €8,306 | €4,330 | €3,939 | €13,429 | €8,727 | €11,861 | €10,201 | ▼ 14.0% |
| Profit (loss) for the period9904 | -€740 | -€4,034 | -€2,815 | €26,453 | €25,281 | €35,583 | €29,712 | ▼ 16.5% |
| Profit (loss) for the period to be appropriated9905 | -€740 | -€4,034 | -€2,815 | €26,453 | €25,281 | €35,583 | €29,712 | ▼ 16.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €455,784 | €321,367 | €254,500 | €234,179 | €212,266 | €140,645 | €139,798 | ▼ 0.6% |
| Formation expenses20 | €396 | €151 | - | - | - | - | - | - |
| Fixed assets21/28 | €260,878 | €215,950 | €183,957 | €165,372 | €150,707 | €109,133 | €65,457 | ▼ 40.0% |
| Intangible fixed assets21 | €217,136 | €188,161 | €168,063 | €164,357 | €150,657 | €109,083 | €65,457 | ▼ 40.0% |
| Tangible fixed assets22/27 | €43,691 | €27,739 | €15,843 | €966 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €966 | - | - | - | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | €50 | - | - |
| Current assets29/58 | €194,510 | €105,266 | €70,543 | €68,806 | €61,558 | €31,512 | €74,341 | ▲ 136% |
| Amounts receivable within one year40/41 | €102,051 | €77,350 | €20,764 | €8,953 | €3,273 | €639 | €74,197 | ▲ 11,512% |
| Other amounts receivable41 | - | - | - | €8,953 | €3,273 | €639 | €74,197 | ▲ 11,512% |
| Cash at bank and in hand54/58 | €90,181 | €24,448 | €45,128 | €57,213 | €58,285 | €30,873 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €2,640 | - | - | €144 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €455,784 | €321,367 | €254,500 | €234,179 | €212,266 | €140,645 | €139,798 | ▼ 0.6% |
| Equity10/15 | €12,719 | €8,685 | €5,871 | €32,324 | €57,605 | €93,188 | €122,899 | ▲ 31.9% |
| Contributions10/11 | €11,160 | €11,160 | - | €11,160 | €13,020 | €13,020 | €13,020 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | - | - | - | - |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - | - | - | - |
| Profit (loss) carried forward14 | -€301 | -€4,335 | -€7,149 | €19,304 | €44,585 | €80,168 | €109,879 | ▲ 37.1% |
| Amounts payable17/49 | €443,064 | €312,681 | €248,629 | €201,855 | €154,661 | €47,457 | €16,898 | ▼ 64.4% |
| Amounts payable after more than one year17 | €251,302 | €202,357 | €163,613 | €133,959 | €104,626 | €26,425 | - | - |
| Financial debts170/4 | - | - | - | €133,959 | €104,626 | €26,425 | - | - |
| Amounts payable within one year42/48 | €191,763 | €110,325 | €85,017 | €67,858 | €50,035 | €21,032 | €16,898 | ▼ 19.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €33,464 | €36,348 | €10,941 | - | - |
| Trade debts44 | €14,406 | €23,624 | €9,558 | €4,044 | €10,191 | €9,072 | €12,051 | ▲ 32.8% |
| Suppliers440/4 | - | - | - | €4,044 | €10,191 | €9,072 | €12,051 | ▲ 32.8% |
| Taxes, remuneration and social security45 | - | - | - | €30,350 | €3,495 | €1,019 | €4,847 | ▲ 376% |
| Taxes450/3 | - | - | - | €24,670 | €3,495 | €1,019 | €4,847 | ▲ 376% |
| Remuneration and social security454/9 | - | - | - | €5,680 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €38 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€740 | -€4,034 | -€2,815 | €26,453 | €25,281 | €35,583 | €29,712 | ▼ 16.5% |
| + Depreciation and write-downs630 | €46,492 | €45,173 | €45,970 | €52,745 | €42,857 | €44,367 | €43,626 | ▼ 1.7% |
| Operating cash flow (approximation) | €45,752 | €41,140 | €43,155 | €79,198 | €68,138 | €79,950 | €73,338 | ▼ 8.3% |
| Investment in fixed assets (approximation) | - | -€246 | -€13,977 | -€34,160 | -€28,192 | -€2,793 | €50 | - |
| Change in cash | - | -€65,733 | €20,680 | €12,085 | €1,073 | -€27,412 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | full format | 15-07-2025 | 2025-00271191 |
| 31-12-2023 | full format | 26-07-2024 | 2024-00291758 |
| 31-12-2022 | full format | 08-08-2023 | 2023-00319245 |
| 31-12-2021 | full format | 24-06-2022 | 2022-20089433 |
| 31-12-2020 | full format | 26-08-2021 | 2021-53900555 |
| 31-12-2019 | full format | 03-09-2020 | 2020-50500063 |
| 31-12-2018 | full format | 22-08-2019 | 2019-49300561 |
| 31-12-2017 | full format | 31-08-2018 | 2018-58600418 |
| 31-12-2016 | full format | 25-08-2017 | 2017-49700565 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, last change in 2024
Board 2
S-work-S
CurrentVerwalterin · since 12-11-2024 · Private limited company · permanent representative: Stephan SCHWALL
ODU Management GmbH
CurrentVerwalterin · Legal entity · from a recent deed
Permanent representatives 1
Stephan SCHWALL
CurrentPermanent representative · since 12-11-2024 · for S-work-S
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
8 of this company's 12 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
3 people since 2024, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| ODU Management GmbHfrom an act |
|
| S-work-S |
|
| ENGISA CONSULT GmbH |
|
Owners and capital
Owners
1 ownerChain of control
- LIGNA-systems Holding
- WEB-CONSTRUCTIONS
Highest known parent: LIGNA-systems Holding. The sources do not say who stands above it.
Owners 1
-
100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 21-05-2025 ↗
- LIGNA-systems Holding (BE 0668.952.382) all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 21-05-2025 Capital stated in the deed · 186 shares
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
LIGNA CONSTRUCT
Shared corporate director
→
Ligna-systems Belgien
Shared corporate director
→
Acquisitions and mergers
1 transactionTaken over by:LIGNA-systems Holding
History
Acts, filings and financial milestones
2025
15-07
NBB filing
Annual accounts filed
financial year 2024 · full format
14-07
Gazette deed
RestructuringMerger · Share issue · Power of attorney5 facts ▸
Gazette deed
Restructuring
Merger · Share issue · Power of attorney5 facts ▸
- Merger, “Verschmelzung, Zustimmung der Generalversammlungen der Aktionäre der übernehmenden Gesellschaft und der zu übernehmenden Gesellschaft” (deed in German)
- Share issue, “keine neuen Aktien ausgegeben, Gesamtheit der Aktien der zu übernehmenden Gesellschaft in den Händen der übernehmenden Gesellschaft” (deed in German)
- General meeting, “kein erneuter Abschluss erforderlich zwischen Abschluss des letzten Geschäftsjahres und dem Datum, ab dem die Handlungen der zu übernehmenden Gesellschaft unter…” (deed in German)
- Power of attorney, Olivier DUPUIS
- Power of attorney, Michael HILGERS
21-05
Gazette deed
RestructuringPermanent representative: Michael HILGERS · Accounting effect · Net-asset statement17 facts ▸
Gazette deed
Restructuring
Permanent representative: Michael HILGERS · Accounting effect · Net-asset statement17 facts ▸
- Other provision, “finanzielle Fusionsbasis, noch nicht angenommene Bilanz” (deed in German)
- Accounting effect, 01-01-2025
- Net-asset statement, “buchhalterische Situation 31.12.2024”, EUR (deed in German)
- Capital (2 times)
- Shareholding, 186, EUR
- Other provision, “vereinfachte Verschmelzungsprozedur, Vereinigung sämtlicher Aktien in einer Hand” (deed in German)
- Other provision, “keine Kapitalerhöhung,keine neuen Aktien, Vereinigung aller Aktien der WEB-CONSTRUCTIONS in der LIGNA-systems Holding” (deed in German)
- Other provision, “Tauschverhältnis” (deed in German)
- Other provision, “Begründung der Fusion, Kostenersparnis und Zentralisierung” (deed in German)
- Other provision, “gesamtes Vermögen,Aktiva und Passiva,Rechte und Pflichten, Modalitäten” (deed in German)
- Other provision, “gesamte Verpflichtungen und Risiken, Übernahme Verpflichtungen und Risiken” (deed in German)
- Other provision, “Kontinuität und Neutralität, Artikel 211 und 212 Einkommensteuergesetzbuch,Artikel 117 §1er und 120 Registrierungsgebühren,Artikel 11 und 18 §3 MwSt-Gesetzbuch” (deed in German)
- +5 further facts in this act
2024
31-12
Financial
Liquidity more than doubledcurrent ratio 4.40
Current ratio from 1.50 to 4.40; short-term debt falls from €21,032 to €16,898.
31-12
Financial
Equity above €100,000equity €122,899 ▲31.9%
4 profitable years in a row build equity to €122,899.
06-12
Gazette deed
Appointment: S-work-S (verwalterin)Permanent representatives: Stephan SCHWALL and Olivier DUPUIS4 facts ▸
Gazette deed
Appointment: S-work-S (verwalterin)
Permanent representatives: Stephan SCHWALL and Olivier DUPUIS4 facts ▸
- General meeting, 12-11-2024
- Director appointment, S-work-S (verwalterin)
- Permanent representative, Stephan SCHWALL (ständiger vertreter)
- Permanent representative, Olivier DUPUIS (ständiger vertreter)
26-09
Gazette deed
Resignation: ENGISA CONSULT GmbH (verwalterin)Permanent representatives: Elisa ENGEL and Olivier DUPUIS · Director discharge8 facts ▸
Gazette deed
Resignation: ENGISA CONSULT GmbH (verwalterin)
Permanent representatives: Elisa ENGEL and Olivier DUPUIS · Director discharge8 facts ▸
- General meeting, 28-06-2024
- Director resignation, ENGISA CONSULT GmbH (verwalterin)
- Permanent representative, Elisa ENGEL (ständige vertreterin)
- Director discharge, ENGISA CONSULT GmbH
- Director discharge, Elisa ENGEL
- Other provision, “Aktionäre, nächste ordentliche Generalversammlung” (deed in German)
- Director in office, ODU Management GmbH (verwalterin)
- Permanent representative, Olivier DUPUIS (ständiger vertreter)
26-07
NBB filing
Annual accounts filed
financial year 2023 · full format
2023
31-12
Financial
Highest result from 2018 to 2024net €35,583 ▲40.8%
Operating result €52,814, net result €35,583, both a record.
08-08
NBB filing
Annual accounts filed
financial year 2022 · full format · 8 days late
2022
24-06
NBB filing
Annual accounts filed
financial year 2021 · full format
2021
31-12
Financial
Back to profitnet €26,453
Net result €26,453 after 3 loss-making years.
Show earlier events
26-08
NBB filing
Annual accounts filed
financial year 2020 · full format · 26 days late
2020
03-09
NBB filing
Annual accounts filed
financial year 2019 · full format · 34 days late
2019
31-12
Financial
Weakest financial yearnet -€4,034
Net result drops to -€4,034, the lowest in the series.
22-08
NBB filing
Annual accounts filed
financial year 2018 · full format · 22 days late
2018
31-08
NBB filing
Annual accounts filed
financial year 2017 · full format · 31 days late
2017
25-08
NBB filing
Annual accounts filed
financial year 2016 · full format · 25 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
4 of 12 deeds read
About the unread acts
Of the 12 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Drucken von Zeitungen,einschließlich Werbezeitungen (Nacebelcode 1811001); Erstellen von Zeitschriften und ähnlichen…” (deed in German)
28 activities (deed in German)
- Drucken von Zeitungen,einschließlich Werbezeitungen (Nacebelcode 1811001)
- Erstellen von Zeitschriften und ähnlichen Veröffentlichungen,Büchern und so weiter im Offset-,Fotogravur-Flexo-,Siebdruck-Verfahren und auf Vervielfältigungsmaschinen,Computerdruckem,Fotokopier- oder Thermokopie (Nacebelcode 1812001)
- Setzen von Texten und Bildern auf Filmträger,Foto- oder Normalpapier (Nacebelcode 1813001)
- Bearbeitung von Digitaldaten: die Anreicherung,Auswahl und Verknüpfung von Digitaldaten auf Datenträgern (Nacebelcode 18113012)
- Andere grafische Aktivitäten (Nacebelcode 1813013)
- Einbringung von Dienstleistungen der Informationstechnologie (Nacebelcode 62)
- Programmierungstätigkeiten (Nacebelcode 6201 und 62010)
- Erbringung von Beratungsleistungen auf dem Gebiet der Informationstechnologie (Nacebelcode (62020)
- Erbringung von Beratungsleistungen an EDV-Anwender bezüglich verschiedener Hardware-Konfigurationen und der dazugehörigen Software (Nacebelcode 6202001)
- Erbringung von sonstigen Dienstleistungen der Informationstechnologie (Nacebelcode 62090)
- Datenverarbeitung,Hosting und damit verbundene Tätigkeiten,Webportale (Nacebelcode 631 und 6311)
- Webportale (Nacebelcode 63120)
- Werbung und Marktforschung (Nacebelcode 73 und 731)
- Werbeagenturen (Nacebelcode 7311 und 73110)
- Entwicklung und Durchführung von Werbekampagnen für Dritte unter Nutzung der verschiedenen Medien (Nacebelcode 7311001)
- Entwickeln und Aufstellen von Außenwerbung: Reklameplakate und - schilder,Laufschriftanzeigen und Neonleuchtschilder,Werbung auf Bussen und so weiter (Nacebelcode 7311002)
- Gestaltung von Werbetexten und -slogans (Copywriting) (Nacebelcode 7311003)
- Erstellung von Werbefilmen (Nacebelcode 7311004)
- Gestaltung von Werbeartikein (Nacebelcode 7311005)
- Entwicklung von Werbetechniken mit dem Ziel,den Verbraucher individuell anzusprechen (Direktmarketing) durch persönlich adressierte Werbung (Direktmailing),Telefonverkauf und so weiter (Nacebelcode 7311006)
- Luftwerbung (Nacebelcode 7311007)
- Briefkastenverteilung von Mustern,Werbeprospekten und anderen Werbemitteln,einschließlich regionaler Werbezeitungen und ähnliches (Nacebelcode 7311011)
- Markt- und Meinungsforschung (Nacebelcode 73200)
- Tätigkeiten im Bereich Graphikdesign (Nacebelcode 74103)
- Gestaltung von Ausstellungsräumen und so weiter (Nacebelcode 7410502)
- Fotografie und Fotolabors (Nacebelcode 742)
- Übersetzen und Dolmetschen (Nacebelcode 743)
- Sonstige freiberufliche,wissenschaftliche und technische Tätigkeite ((Nacebelcode 749)