WORDSCOPE
ActiveSummary
WORDSCOPE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-60k) and a net result of €-7k. Equity is shrinking by ~46.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.12 against 0.16 in 2023; short-term debt: 617.7% and cash: 62.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-517.7%
Return on assets
-61.1%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-60k
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 22-05-2025, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
70 d early
2023
65 d early
2022
76 d early
2021
30 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-60k▼ 13.4%
2023 · €-53k
2018: €86khighest in 7 years
2019: €50k▼ -42.4% vs 2018
2020: €10k▼ -80.0% vs 2019
2021: €-13k▼ -231% vs 2020
2022: €-36k▼ -174% vs 2021
2023: €-53k▼ -48.7% vs 2022
2024: €-60k▼ -13.4% vs 2023lowest in 7 years
2018 → 2024
Total assets
€12k▼ 13.6%
2023 · €13k
2018: €159khighest in 7 years
2019: €62k▼ -61.3% vs 2018
2020: €40k▼ -35.3% vs 2019
2021: €17k▼ -57.3% vs 2020
2022: €9k▼ -47.9% vs 2021lowest in 7 years
2023: €13k▲ +51.8% vs 2022
2024: €12k▼ -13.6% vs 2023
2018 → 2024
Net result
€-7k▲ 59.1%
2023 · €-17k
2018: €-31k
2019: €-36k▼ -17.9% vs 2018
2020: €-40k▼ -8.8% vs 2019lowest in 7 years
2021: €-23k▲ +42.2% vs 2020
2022: €-23k▲ +1.4% vs 2021
2023: €-17k▲ +23.3% vs 2022
2024: €-7k▲ +59.1% vs 2023highest in 7 years
2018 → 2024
Working capital
€-63k▼ 12.9%
2023 · €-56k
2018: €84khighest in 7 years
2019: €48k▼ -42.5% vs 2018
2020: €9k▼ -82.1% vs 2019
2021: €-14k▼ -265% vs 2020
2022: €-37k▼ -158% vs 2021
2023: €-56k▼ -50.9% vs 2022
2024: €-63k▼ -12.9% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€10k-€-13k€-36k▼ 174%€-53k▼ 48.7%€-60k▼ 13.4%
2020: €10khighest in 5 years
2021: €-13k▼ -231% vs 2020
2022: €-36k▼ -174% vs 2021
2023: €-53k▼ -48.7% vs 2022
2024: €-60k▼ -13.4% vs 2023lowest in 5 years
Operating result€-39k-€-22k▲ 42.8%€-22k▲ 0.9%€-17k▲ 24.9%€-6k▲ 65.9%
2020: €-39klowest in 5 years
2021: €-22k▲ +42.8% vs 2020
2022: €-22k▲ +0.9% vs 2021
2023: €-17k▲ +24.9% vs 2022
2024: €-6k▲ +65.9% vs 2023highest in 5 years
Net result€-40k-€-23k▲ 42.2%€-23k▲ 1.4%€-17k▲ 23.3%€-7k▲ 59.1%
2020: €-40klowest in 5 years
2021: €-23k▲ +42.2% vs 2020
2022: €-23k▲ +1.4% vs 2021
2023: €-17k▲ +23.3% vs 2022
2024: €-7k▲ +59.1% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2024 against €17k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12k
Fixed assets
€3k ▲ 3.2%
Current assets
€9k ▼ 17.9%
Key figures and ratios
EBITDA
€-5k▲
2023 · €-16k
Cash flow
€-6k▲
2023 · €-17k
Solvency
-517.7%▼
2023 · -394.3%
Current ratio
0.12▼
2023 · 0.16
Debt to equity
-1.19▲
2023 · -1.25
ROA
-61.1%▲
2023 · -129.1%
Interest coverage
-4.63▲
2023 · -54.82
Debt
€72k▲
2023 · €66k
Debt ≤ 1 year
€72k▲
2023 · €66k
Income taxes
€319▲
2023 · €289
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€13k€12k▼
Fixed assets21/28€3k€3k▲
Tangible fixed assets22/27€1k€2k▲
Plant, machinery and equipment23€1k€2k▲
Financial fixed assets28€1k€1k=
Current assets29/58€11k€9k▼
Amounts receivable within one year40/41€7k€1k▼
Trade receivables40€1k€866▼
Other amounts receivable41€6k€553▼
Cash at bank and in hand54/58€4k€7k▲
Deferred charges and accrued income490/1-€170
Equity and liabilities
Total equity and liabilities10/49€13k€12k▼
Equity10/15€-53k€-60k▼
Contributions10/11€19k€19k=
Reserves13€96k€96k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€94k€94k=
Profit (loss) carried forward14€-167k€-174k▼
Amounts payable17/49€66k€72k▲
Amounts payable within one year42/48€66k€72k▲
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€589€624▲
Taxes450/3€589€624▲
Other amounts payable47/48€59k€64k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€482€819▲
Other operating charges640/8€870€511▼
Gross operating margin9900€-15k€-4k▲
Operating profit (loss)9901€-17k€-6k▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€297€1k▲
Recurring financial charges65€297€1k▲
Profit (loss) for the period before taxes9903€-17k€-7k▲
Income taxes67/77€289€319▲
Profit (loss) for the period9904€-17k€-7k▲
Profit (loss) for the period to be appropriated9905€-17k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-167k€-174k▼
Profit (loss) brought forward from the previous period14P€-150k€-167k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €482 | €819 | ▲ 69.8% |
| Other operating charges640/8 | - | €348 | €794 | €870 | €511 | ▼ 41.3% |
| Gross operating margin9900 | €-39k | €-22k | €-21k | €-15k | €-4k | ▲ 71.5% |
| Operating profit (loss)9901 | €-39k | €-22k | €-22k | €-17k | €-6k | ▲ 65.9% |
| Financial income75/76B | - | €1 | €163 | €2 | - | - |
| Recurring financial income75 | €33 | €1 | €163 | €2 | - | - |
| Financial charges65/66B | - | €167 | €173 | €297 | €1k | ▲ 256% |
| Recurring financial charges65 | €152 | €167 | €173 | €297 | €1k | ▲ 256% |
| Profit (loss) for the period before taxes9903 | €-39k | €-23k | €-22k | €-17k | €-7k | ▲ 60.3% |
| Income taxes67/77 | €238 | €258 | €300 | €289 | €319 | ▲ 10.7% |
| Profit (loss) for the period9904 | €-40k | €-23k | €-23k | €-17k | €-7k | ▲ 59.1% |
| Profit (loss) for the period to be appropriated9905 | €-40k | €-23k | €-23k | €-17k | €-7k | ▲ 59.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €40k | €17k | €9k | €13k | €12k | ▼ 13.6% |
| Fixed assets21/28 | €1k | €1k | €1k | €3k | €3k | ▲ 3.2% |
| Tangible fixed assets22/27 | - | - | - | €1k | €2k | ▲ 5.9% |
| Plant, machinery and equipment23 | - | - | - | €1k | €2k | ▲ 5.9% |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €39k | €16k | €8k | €11k | €9k | ▼ 17.9% |
| Amounts receivable within one year40/41 | €1k | €3k | €4k | €7k | €1k | ▼ 80.2% |
| Trade receivables40 | - | €95 | €71 | €1k | €866 | ▼ 34.3% |
| Other amounts receivable41 | - | €3k | €4k | €6k | €553 | ▼ 90.5% |
| Cash at bank and in hand54/58 | €37k | €13k | €3k | €4k | €7k | ▲ 102% |
| Deferred charges and accrued income490/1 | - | €110 | - | - | €170 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €40k | €17k | €9k | €13k | €12k | ▼ 13.6% |
| Equity10/15 | €10k | €-13k | €-36k | €-53k | €-60k | ▼ 13.4% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Outside capital11 | - | €19k | - | - | - | - |
| Other1109/19 | - | €19k | - | - | - | - |
| Reserves13 | €96k | €96k | €96k | €96k | €96k | = |
| Non-distributable reserves130/1 | - | €96k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €94k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | - | €94k | €94k | €94k | = |
| Profit (loss) carried forward14 | €-104k | €-127k | €-150k | €-167k | €-174k | ▼ 4.2% |
| Amounts payable17/49 | €30k | €30k | €44k | €66k | €72k | ▲ 7.9% |
| Amounts payable within one year42/48 | €30k | €30k | €44k | €66k | €72k | ▲ 7.9% |
| Trade debts44 | €2k | €2k | €3k | €6k | €7k | ▲ 3.5% |
| Suppliers440/4 | - | €2k | €3k | €6k | €7k | ▲ 3.5% |
| Taxes, remuneration and social security45 | - | €496 | €558 | €589 | €624 | ▲ 6.1% |
| Taxes450/3 | - | €496 | €558 | €589 | €624 | ▲ 6.1% |
| Other amounts payable47/48 | - | €27k | €41k | €59k | €64k | ▲ 8.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-40k | €-23k | €-23k | €-17k | €-7k | ▲ 59.1% |
| + Depreciation and write-downs630 | - | - | - | €482 | €819 | ▲ 69.8% |
| Operating cash flow (approximation) | €-40k | €-23k | €-23k | €-17k | €-6k | ▲ 62.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-2k | €-905 | ▲ 53.1% |
| Change in cash | - | €-24k | €-9k | €254 | €4k | ▲ 1,331% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 5.04
Current ratio from 2.15 to 5.04; short-term debt falls from €73k to €12k.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2000
Ground area
3,170 m²
Building footprint
2,221 m²
Volume, LiDAR
21,757 m³
Parcel 21363B0348/00A002, Brussels · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
93
companies at this address
See who is registered here
1 establishment unit
Witte Patersstraat 4, 1040 Etterbeek
since 20002.096.851.473
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0348/00A002 | Brussels | 3,170 m² | 1 · 2,221 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 9,502 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-04-2000
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.