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Web Wolves

Active
Private limited companyfounded 2018active for 8 yearsDorpsstraat 158, 8460 Oudenburg, BelgiumKBO/BCE: BE 0698.970.518
Summary

Web Wolves has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,721 and a net result of €50,721. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 57% of 2,289 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00432071.

Turnover
€63,071▲ 344%
2019 · €14,200
EBIT margin
47.5%▲ 170.4pp
2019 · -122.8%
Net result
€50,721▲ 19.1%
2024 · €42,577
Working capital
€38,644▲ 22.6%
2024 · €31,521
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result has risen four years in a row; 2025 is 18% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€63,071 2020 Operating result€65,456 2025 Net result€50,721 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 63, Computing infrastructure, data processing, hosting and other information service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Turnover€14,200-€63,071▲ 344%
Operating result-€17,442-€29,983€31,843▲ 6.2%€40,563▲ 27.4%€41,571▲ 2.5%€55,655▲ 33.9%€65,456▲ 17.6%
Net result-€17,528-€27,513within the sector's middle half€25,358within the sector's middle half▼ 7.8%€31,376within the sector's middle half▲ 23.7%€31,527within the sector's middle half▲ 0.5%€42,577within the sector's middle half▲ 35.0%€50,721within the sector's middle half▲ 19.1%
EBIT margin-122.8%-47.5%▲ 170.4pp
Equity€1,072-€28,585within the sector's middle half▲ 27×€53,943within the sector's middle half▲ 88.7%€53,943within the sector's middle half=€1,000below the sector's middle half▼ 98.1%€43,577within the sector's middle half▲ 44×€51,721within the sector's middle half▲ 18.7%
Total assets€8,106-€33,184below the sector's middle half▲ 309%€72,452within the sector's middle half▲ 118%€150,818within the sector's middle half▲ 108%€88,501within the sector's middle half▼ 41.3%€78,621within the sector's middle half▼ 11.2%€82,720within the sector's middle half▲ 5.2%
Debt€7,034-€4,599▼ 34.6%€18,510▲ 302%€96,875▲ 423%€87,501▼ 9.7%€35,044▼ 59.9%€30,999▼ 11.5%
Working capital-€3,294-€25,983within the sector's middle half€52,651within the sector's middle half▲ 103%€39,278within the sector's middle half▼ 25.4%€2,987below the sector's middle half▼ 92.4%€31,521within the sector's middle half▲ 955%€38,644within the sector's middle half▲ 22.6%
Solvency13.2%-86.1%above the sector's middle half▲ 72.9pp74.5%within the sector's middle half▼ 11.7pp35.8%within the sector's middle half▼ 38.7pp1.1%below the sector's middle half▼ 34.6pp55.4%within the sector's middle half▲ 54.3pp62.5%within the sector's middle half▲ 7.1pp
Current ratio0.53-6.65above the sector's middle half▲ 6.123.84within the sector's middle half▼ 2.801.58within the sector's middle half▼ 2.261.06below the sector's middle half▼ 0.522.51within the sector's middle half▲ 1.452.56within the sector's middle half▲ 0.05
Return on assets (ROA)-216.2%-82.9%above the sector's middle half▲ 299.2pp35.0%above the sector's middle half▼ 47.9pp20.8%within the sector's middle half▼ 14.2pp35.6%above the sector's middle half▲ 14.8pp54.2%above the sector's middle half▲ 18.5pp61.3%above the sector's middle half▲ 7.2pp
above within below the middle half of NACE 63, Computing infrastructure, data processing, hosting and other information service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82,720
Fixed assets €19,243 ▼ 26.6%
Current assets €63,477 ▲ 21.2%
Equity and liabilities €82,720
Equity €51,721 ▲ 18.7%
Debt €30,999 ▼ 11.5%
Debt's share of the balance-sheet total falls from 44.6% to 37.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€75,670▲
2024 · €65,491
Cash flow
€60,935▲
2024 · €52,412
Debt to equity
0.60▼
2024 · 0.80
ROE
98.1%▲
2024 · 97.7%
Interest coverage
99.37▲
2024 · 67.33
Debt ≤ 1 year
€24,833▲
2024 · €20,870
Debt > 1 year
€6,166▼
2024 · €14,174
Income taxes
€13,977▲
2024 · €12,106
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.5% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,974 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€78,621€82,720▲
Fixed assets21/28€26,230€19,243▼
Tangible fixed assets22/27€26,230€19,243▼
Plant, machinery and equipment23€2,168€2,019▼
Furniture and vehicles24-€1,780
Leasing and similar rights25€24,062€15,443▼
Current assets29/58€52,391€63,477▲
Amounts receivable within one year40/41€14,849€15,744▲
Trade receivables40€10,955€10,327▼
Other amounts receivable41€3,894€5,417▲
Cash at bank and in hand54/58€35,926€45,714▲
Deferred charges and accrued income490/1€1,615€2,019▲
Equity and liabilities
Total equity and liabilities10/49€78,621€82,720▲
Equity10/15€43,577€51,721▲
Contributions10/11€1,000€1,000=
Reserves13€42,577€50,721▲
Distributable reserves133€42,577€50,721▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€35,044€30,999▼
Amounts payable after more than one year17€14,174€6,166▼
Financial debts170/4€14,174€6,166▼
Amounts payable within one year42/48€20,870€24,833▲
Current portion of amounts payable after more than one year42€7,777€8,008▲
Financial debts43€29€171▲
Credit institutions430/8€29€171▲
Trade debts44€1,026€1,374▲
Suppliers440/4€1,026€1,374▲
Taxes, remuneration and social security45€10,293€11,235▲
Taxes450/3€10,293€9,090▼
Remuneration and social security454/9-€2,145
Other amounts payable47/48€1,745€4,045▲
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,836€10,215▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2,059€1,826▼
Gross operating margin9900€67,550€77,497▲
Operating profit (loss)9901€55,655€65,456▲
Financial income75/76B€0€4▲
Recurring financial income75€0€4▲
Financial charges65/66B€973€761▼
Recurring financial charges65€973€761▼
Profit (loss) for the period before taxes9903€54,683€64,698▲
Income taxes67/77€12,106€13,977▲
Profit (loss) for the period9904€42,577€50,721▲
Profit (loss) for the period to be appropriated9905€42,577€50,721▲
Appropriation of the result
Profit (loss) to be appropriated9906€42,577€50,721▲
Transfer from equity791/2€0€42,577▲
Transfer to equity691/2€42,577€50,721▲
To other reserves6921€42,577€50,721▲
Profit to be distributed694/7€0€42,577▲
Return on contributions (dividend)694€0€42,577▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Turnover70€14,200€63,071------
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,653€1,764€1,310€2,799€9,914€9,836€10,215▲ 3.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€145€0--
Other operating charges640/8--€402€1,995€1,795€2,059€1,826▼ 11.3%
Gross operating margin9900-€14,585€31,855€33,555€45,358€53,425€67,550€77,497▲ 14.7%
Operating profit (loss)9901-€17,442€29,983€31,843€40,563€41,571€55,655€65,456▲ 17.6%
Financial income75/76B--€0€1€2€0€4-
Recurring financial income75€1€303€0€1€2€0€4-
Financial charges65/66B--€146€322€1,225€973€761▼ 21.7%
Recurring financial charges65€87€166€146€322€1,225€973€761▼ 21.7%
Profit (loss) for the period before taxes9903-€17,528€30,120€31,697€40,242€40,348€54,683€64,698▲ 18.3%
Income taxes67/77-€2,607€6,339€8,866€8,822€12,106€13,977▲ 15.5%
Profit (loss) for the period9904-€17,528€27,513€25,358€31,376€31,527€42,577€50,721▲ 19.1%
Profit (loss) for the period to be appropriated9905-€17,528€27,513€25,358€31,376€31,527€42,577€50,721▲ 19.1%
Line2019202020212022202320242025Change
Assets
Total assets20/58€8,106€33,184€72,452€150,818€88,501€78,621€82,720▲ 5.2%
Fixed assets21/28€4,366€2,602€1,292€44,188€34,274€26,230€19,243▼ 26.6%
Intangible fixed assets21€2,098€1,498€898€298€0---
Tangible fixed assets22/27€2,268€1,104€394€43,891€34,274€26,230€19,243▼ 26.6%
Plant, machinery and equipment23--€0€2,459€1,593€2,168€2,019▼ 6.9%
Furniture and vehicles24--€394€131€0-€1,780-
Leasing and similar rights25---€41,301€32,681€24,062€15,443▼ 35.8%
Current assets29/58€3,740€30,583€71,161€106,630€54,227€52,391€63,477▲ 21.2%
Amounts receivable within one year40/41€1,561-€11,761€20,077€14,839€14,849€15,744▲ 6.0%
Trade receivables40--€8,101€12,624€10,526€10,955€10,327▼ 5.7%
Other amounts receivable41--€3,661€7,453€4,312€3,894€5,417▲ 39.1%
Cash at bank and in hand54/58€2,051€30,454€59,399€85,219€37,949€35,926€45,714▲ 27.2%
Deferred charges and accrued income490/1--€0€1,334€1,439€1,615€2,019▲ 25.0%
Equity and liabilities
Total equity and liabilities10/49€8,106€33,184€72,452€150,818€88,501€78,621€82,720▲ 5.2%
Equity10/15€1,072€28,585€53,943€53,943€1,000€43,577€51,721▲ 18.7%
Contributions10/11€18,600-€18,600€18,600€1,000€1,000€1,000=
Reserves13-€9,985€35,343€35,343€0€42,577€50,721▲ 19.1%
Distributable reserves133--€35,343€35,343€0€42,577€50,721▲ 19.1%
Profit (loss) carried forward14-€17,528--€0€0€0€0-
Amounts payable17/49€7,034€4,599€18,510€96,875€87,501€35,044€30,999▼ 11.5%
Amounts payable after more than one year17---€29,524€21,951€14,174€6,166▼ 56.5%
Financial debts170/4---€29,524€21,951€14,174€6,166▼ 56.5%
Amounts payable within one year42/48€7,034€4,599€18,510€67,351€51,239€20,870€24,833▲ 19.0%
Current portion of amounts payable after more than one year42---€7,364€7,573€7,777€8,008▲ 3.0%
Financial debts43--€63€1,194€15€29€171▲ 488%
Credit institutions430/8--€63€1,194€15€29€171▲ 488%
Trade debts44€5,636€48€3,122€2,210€1,507€1,026€1,374▲ 33.9%
Suppliers440/4--€3,122€2,210€1,507€1,026€1,374▲ 33.9%
Taxes, remuneration and social security45--€7,241€10,185€9,812€10,293€11,235▲ 9.2%
Taxes450/3--€7,241€10,185€9,812€10,293€9,090▼ 11.7%
Remuneration and social security454/9------€2,145-
Other amounts payable47/48--€8,084€46,398€32,332€1,745€4,045▲ 132%
Accrued charges and deferred income492/3----€14,310€0--
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€17,528€27,513€25,358€31,376€31,527€42,577€50,721▲ 19.1%
+ Depreciation and write-downs630€2,653€1,764€1,310€2,799€9,914€9,836€10,215▲ 3.9%
Operating cash flow (approximation)-€14,875€29,277€26,668€34,175€41,441€52,412€60,935▲ 16.3%
Investment in fixed assets (approximation)-€0€0-€45,696€0-€1,792-€3,227▼ 80.1%
Change in cash-€28,403€28,945€25,820-€47,270-€2,023€9,788-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference
31-12-2025 micro format 27-08-2026 2026-00432071
31-12-2024 micro format 19-08-2025 2025-00381641
31-12-2023 micro format 30-08-2024 2024-00402264
31-12-2022 micro format 28-07-2023 2023-00283924
31-12-2021 micro format 29-08-2022 2022-20330958
31-12-2020 micro format 07-06-2021 2021-18000182
31-12-2019 micro format 01-06-2020 2020-14200535

Similar companies · same sector, comparable size

Of the 2,761 active companies whose main activity is web portal activities (NACE 63910), figures are known for 697. 543 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.