WEBPLICATIONS
ActiveSummary
The computed 12-month bankruptcy probability of WEBPLICATIONS is 3.4% (moderate). The 2025 annual accounts show negative equity (-€29.8m) and a net result of -€35.9m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 5,767 sector peers (NACE 68, financial year 2025). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 2 FTE
- Equity
- -€29.8m
- Loss
- -€35.9m
- Parent
- MEDIAHUIS · 100%
- Holdings
- 15
- AMPLIODirector · permanent representative Paul Verwilt
- ORANGE TREEDirector · permanent representative Gert Ysebaert
- ZUMACODirector · permanent representative Kristiaan De Beukelaer
Why 48raises riskNegative equity -€29.8mLoss of €35.9m (financial year 2025)Liquidity: current ratio 0.00, cash €42,517, halvedlowers riskSize: turnover €510,359, 2 FTE, total assets €80.1mShow the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro): better than 5% on solvency, 2% on liquidity, 30% on profitability and 36% on growth.
The bankruptcy probability was computed on 26-10-2026 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).
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Signals
This company filed its last 7 accounts on average 46 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Weakest financial yearnet -€35.9m
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2019 to 2025, 8 financial years
The operating result returns to profit in 2025: €805,267 after a loss of €443,374 in 2024, 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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate 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), Staff (FTE).
- 2021 Net result -611% on 2020. The previous financial year ran 9 months, this one 12.
| Line | 2019 | 2020 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €0.4m | €0.8m | €0.9m | €1.3m | €1.5m | ▲ 18.4% |
| Turnover70 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 13.5% |
| Other operating income74 | - | - | - | €0.009m | €0.1m | €0.05m | €0.09m | €0.1m | ▲ 34.6% |
| Non-recurring operating income76A | - | - | - | - | €0.3m | €0.4m | €0.7m | €0.9m | ▲ 19.4% |
| Operating charges60/66A | - | - | - | €1.5m | €1.6m | €1.7m | €1.7m | €0.7m | ▼ 59.6% |
| Services and other goods61 | - | - | - | €1.1m | €1.2m | €1.3m | €1.3m | €0.2m | ▼ 81.9% |
| Remuneration, social security and pensions62 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | - | - | €103 | €123 | ▲ 19.6% |
| Other operating charges640/8 | - | - | - | €101 | €350 | €109 | €143 | €368 | ▲ 157% |
| Operating profit (loss)9901 | -€0.003m | -€0.004m | -€0.2m | -€1.1m | -€0.8m | -€0.8m | -€0.4m | €0.8m | - |
| Financial income75/76B | - | - | - | €0.002m | €364 | €0.001m | €3.0m | €1.0m | ▼ 65.3% |
| Recurring financial income75 | €0.001m | - | - | €0.002m | €364 | €0.001m | €14 | €0.07m | ▲ 4,838× |
| Income from current assets751 | - | - | - | €6 | - | - | - | €0.07m | - |
| Other financial income752/9 | - | - | - | €0.002m | €364 | €0.001m | €14 | €1 | ▼ 93.6% |
| Non-recurring financial income76B | - | - | - | - | - | - | €3.0m | €1.0m | ▼ 67.6% |
| Financial charges65/66B | - | - | - | €0.09m | €4.7m | €5.0m | €2.3m | €37.8m | ▲ 17× |
| Recurring financial charges65 | €97 | €419 | €0.003m | €0.09m | €0.6m | €1.7m | €2.3m | €2.9m | ▲ 28.4% |
| Debt charges650 | - | - | €0.003m | €0.07m | €0.5m | €1.7m | €2.3m | €2.9m | ▲ 28.5% |
| Other financial charges652/9 | - | - | - | €0.02m | €0.1m | €0.007m | €0.003m | €0.002m | ▼ 40.8% |
| Non-recurring financial charges66B | - | - | - | - | €4.1m | €3.3m | - | €34.9m | - |
| Profit (loss) for the period before taxes9903 | -€0.002m | -€0.005m | -€0.2m | -€1.2m | -€5.5m | -€5.7m | €0.3m | -€35.9m | - |
| Income taxes67/77 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 13.8% |
| Taxes670/3 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 13.8% |
| Profit (loss) for the period9904 | -€0.002m | -€0.005m | -€0.2m | -€1.2m | -€5.5m | -€5.7m | €0.3m | -€35.9m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.002m | -€0.005m | -€0.2m | -€1.2m | -€5.5m | -€5.7m | €0.3m | -€35.9m | - |
| Line | 2019 | 2020 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.7m | €3.7m | €3.6m | €16.1m | €38.1m | €48.6m | €62.4m | €80.1m | ▲ 28.5% |
| Fixed assets21/28 | €3.5m | €3.5m | €3.5m | €16.0m | €38.0m | €48.4m | €62.2m | €80.0m | ▲ 28.6% |
| Tangible fixed assets22/27 | - | - | - | - | - | - | €0.001m | €0.001m | ▼ 10.9% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €0.001m | €0.001m | ▼ 10.9% |
| Financial fixed assets28 | €3.5m | €3.5m | €3.5m | €16.0m | €38.0m | €48.4m | €62.2m | €80.0m | ▲ 28.6% |
| Affiliated companies280/1 | - | - | - | €3.5m | €14.3m | €11.3m | €15.1m | €55.9m | ▲ 270% |
| Participating interests280 | - | - | - | €3.5m | €14.3m | €11.3m | €15.1m | €55.9m | ▲ 270% |
| Companies linked by participating interests282/3 | - | - | - | €12.4m | €23.6m | €34.1m | €44.1m | €22.6m | ▼ 48.8% |
| Participating interests282 | - | - | - | €12.4m | €22.6m | €33.1m | €40.9m | €18.5m | ▼ 54.7% |
| Amounts receivable283 | - | - | - | - | €1.0m | €1.0m | €3.2m | €4.1m | ▲ 26.8% |
| Other financial fixed assets284/8 | - | - | - | - | - | €3.0m | €3.0m | €1.5m | ▼ 50.0% |
| Shares284 | - | - | - | - | - | €3.0m | €3.0m | €1.5m | ▼ 50.0% |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | - | €0.002m | - | - | - |
| Current assets29/58 | €0.2m | €0.2m | €0.03m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 11.5% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.009m | €0.07m | €0.05m | €0.07m | €0.07m | €0.1m | ▲ 75.0% |
| Trade receivables40 | - | - | - | €0.07m | €0.04m | €0.06m | €0.05m | €0.04m | ▼ 12.0% |
| Other amounts receivable41 | - | - | - | €0.005m | €0.007m | €0.01m | €0.02m | €0.07m | ▲ 319% |
| Cash at bank and in hand54/58 | €103 | €144 | €0.02m | €0.01m | €0.07m | €0.05m | €0.1m | €0.04m | ▼ 63.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.03m | €0.03m | €0.03m | - | €0.002m | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.7m | €3.7m | €3.6m | €16.1m | €38.1m | €48.6m | €62.4m | €80.1m | ▲ 28.5% |
| Equity10/15 | €3.4m | €3.4m | €3.2m | €2.1m | -€3.4m | €5.8m | €6.1m | -€29.8m | - |
| Contributions10/11 | €3.5m | €3.5m | €3.5m | €3.5m | €3.5m | €11.6m | €11.6m | €11.6m | = |
| Capital10 | - | - | - | €3.5m | €3.5m | €11.6m | €11.6m | €11.6m | = |
| Issued capital100 | - | - | - | €3.5m | €3.5m | €11.6m | €11.6m | €11.6m | = |
| Profit (loss) carried forward14 | -€0.09m | -€0.1m | -€0.3m | -€1.4m | -€6.9m | -€5.7m | -€5.5m | -€41.4m | ▼ 656% |
| Amounts payable17/49 | €0.3m | €0.3m | €0.3m | €14.0m | €41.5m | €42.8m | €56.3m | €109.9m | ▲ 95.4% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.3m | €14.0m | €41.3m | €42.8m | €55.7m | €109.0m | ▲ 95.8% |
| Trade debts44 | €0.002m | - | €0.03m | €0.2m | €0.4m | €0.2m | €0.2m | €0.03m | ▼ 79.1% |
| Suppliers440/4 | - | - | - | €0.2m | €0.4m | €0.2m | €0.2m | €0.03m | ▼ 79.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 2.3% |
| Taxes450/3 | - | - | - | €0.01m | €0.02m | €0.01m | €0.01m | €0.02m | ▲ 13.3% |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 1.1% |
| Other amounts payable47/48 | - | - | - | €13.7m | €40.8m | €42.5m | €55.4m | €108.8m | ▲ 96.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.2m | - | €0.6m | €0.9m | ▲ 57.4% |
| Line | 2019 | 2020 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.002m | -€0.005m | -€0.2m | -€1.2m | -€5.5m | -€5.7m | €0.3m | -€35.9m | - |
| + Depreciation and write-downs630 | - | - | - | - | - | - | €103 | €123 | ▲ 19.6% |
| Operating cash flow (approximation) | -€0.002m | -€0.005m | -€0.2m | -€1.2m | -€5.5m | -€5.7m | €0.3m | -€35.9m | - |
| Investment in fixed assets (approximation) | - | €0 | - | -€12.4m | -€22.0m | -€10.5m | -€13.7m | -€17.8m | ▼ 29.3% |
| Change in cash | - | €41 | - | -€0.01m | €0.05m | -€0.01m | €0.06m | -€0.07m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 27-05-2026 | 2026-00130224 |
| 31-12-2024 | full format | 11-06-2025 | 2025-00146030 |
| 31-12-2023 | full format | 06-06-2024 | 2024-00119179 |
| 31-12-2022 | full format | 05-06-2023 | 2023-00112642 |
| 31-12-2021 | full format | 14-06-2022 | 2022-20065576 |
| 31-12-2020 | full format | 14-07-2021 | 2021-35600036 |
| 31-03-2020 | full format | 02-10-2020 | 2020-58600327 |
| 31-03-2019 | full format | 01-10-2019 | 2019-68100295 |
| 31-03-2018 | full format | 13-09-2018 | 2018-63200373 |
| 31-03-2017 | full format | 24-08-2017 | 2017-47500290 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 3
Permanent representatives 3
Statutory auditor 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| AMPLIO |
|
| ORANGE TREE |
|
| ZUMACO |
|
| KPMG Réviseurs d'Entreprises |
|
Owners and capital
Owners
1 ownerChain of control
- Capstone Partners
- MEDIACORE
- Mediahuis Partners
- MEDIAHUIS
- WEBPLICATIONS
Highest known parent: Capstone Partners. The sources do not say who stands above it.
Owners 1
-
100%
According to the 2025 annual accounts of WEBPLICATIONS and those of the other companies, 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.
Group and network
Holdings and subsidiaries
15 holdings · 6 subsidiaries in the treeHoldings 15
Source for every holding own accounts 2025
- DGN FinanceNLsubsidiaryEquity €43.3mResult -€5.2m100%
- DGN PublishersNLsubsidiaryEquity -€4.9mResult -€3.8m100%
-
100%
- Switcher LtdIEsubsidiaryEquity €10.0mResult €1.1m100%
-
100%
- CareerFairy AGCHEquity -CHF 551,188Result -CHF 892,82117.75%
- Tomorrows Education GmbHDEEquity €1.2mResult -€4.1m15.98%
- Swap Language ApsDKEquity -DKK 12,328Result -DKK 3.9m14.19%
- Skenariolabs OyFIEquity -€222,659Result -€349,25913.63%
- Simpmatch GmbHDEEquity €773,685Result -€2.6m12.45%
Show 5 more holdings
- Perlego LtdGBEquity GBP 9.6mResult -GBP 5.5m12.04%
- Taskbase AGCHEquity CHF 341,856Result -CHF 1.4m10.57%
- Equity -€6.1mResult -€4.6m9.99%
- Intalma ABSEEquity SEK 4.4mResult -SEK 16.8m8.97%
- SettlyNLEquity €979,377Result -€268,3798.33%
All subsidiaries, including indirect ones 6
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- DGN FinanceNL 100%
- DGN PublishersNL 100%
- SMOOVED 100%
- Switcher LtdIE 100%
According to the 2025 annual accounts of WEBPLICATIONS and those of the other companies, 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.
Connections & network
7 connected companiesShow 3 more companies with a shared director
History
Acts, filings and financial milestones
02-09
Gazette deed
Reappointments: Zumaco BV, Amplio BV and 2 othersPermanent representatives: Kristiaan De Beukelaer, Paul Verwilt and Gert Ysebaert8 facts ▸
- General meeting, 24-05-2024
- Director reappointment, Zumaco BV (director)
- Permanent representative, Kristiaan De Beukelaer
- Director reappointment, Amplio BV (director)
- Permanent representative, Paul Verwilt
- Director reappointment, Orange Tree BV (director)
- Permanent representative, Gert Ysebaert
- Auditor reappointment, KPMG Bedrijfsrevísoren BV (statutory auditor)
06-06
Gazette deed
Capital & shares · Amendment of the articlesAuditor report · Capital increase · Capital decrease12 facts ▸
- General meeting, 19-04-2023
- Other provision, 26-04-2023
- Other provision, “aanmerkelijke verliezen, balans en nettoactief” (deed in Dutch)
- Other provision, “verslag raad van bestuur, uiteenzetting maatregelen tot herstel financiële toestand” (deed in Dutch)
- Other provision, “geen vervroegde ontbinding, geen reden om vennootschap vervroegd te ontbinden” (deed in Dutch)
- Auditor report, “commissaris, Norm inzake opdracht bedrijfsrevisor in kader inbreng in natura en quasi-inbreng” (deed in Dutch)
- Capital increase, €15,000,102.05
- Other provision, “afwezigheid uitgifte nieuwe aandelen, inbreng in natura” (deed in Dutch)
- Capital decrease, €6,916,606.59
- Other provision, “aantal aandelen ongewijzigd, aandelen zonder vermelding nominale waarde” (deed in Dutch)
- Amendment of the articles, 5
- Capital, €11,587,000
Show earlier events
About the unread acts
Of the 17 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11813N0223/00B003 | Flanders | 1.4 ha | 1 · 3,963 m² | 22.1 m · 5 |
| 24126D0179/00D002 | Flanders | 8,983 m² | 1 · 4,164 m² | 24.7 m · 5 |