WORLDCALL
InactiveWORLDCALL was declared bankrupt on 02-01-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 17-12-2024, published in the Belgian State Gazette on 24-12-2024.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 01-09-2023, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
32 d late
2021
on the day
2020
32 d late
2019
140 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 51 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2022, abbreviated schema
Turnover
€27,137▼ 95.9%
2020 · €667,851
EBIT margin
1.0%▲ 0.1pp
2020 · 0.9%
Net result
€3,116
2021 · -€1,171
Working capital
€33,715▼ 10.3%
2021 · €37,582
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Turnover€967,635-€901,483▼ 6.8%€667,851▼ 25.9%€27,137▼ 95.9%
Operating result€27,146-€26,692▼ 1.7%€5,844▼ 78.1%€276▼ 95.3%€3,806▲ 1,278%
Net result€2,309-€3,744▲ 62.2%-€8,924-€1,171▲ 86.9%€3,116
EBIT margin2.8%-3.0%▲ 0.2pp0.9%▼ 2.1pp1.0%▲ 0.1pp
Equity€36,727-€40,471▲ 10.2%€31,546▼ 22.1%€30,376▼ 3.7%€33,492▲ 10.3%
Total assets€1.4m-€1.4m▲ 1.4%€461,166▼ 66.5%€491,164▲ 6.5%€150,447▼ 69.4%
Debt€1.3m-€1.3m▲ 1.2%€429,619▼ 67.9%€460,788▲ 7.3%€116,955▼ 74.6%
Working capital€113,080-€116,050▲ 2.6%€39,527▼ 65.9%€37,582▼ 4.9%€33,715▼ 10.3%
Staff (FTE)1-1=0.5▼ 50.0%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 1,278% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €150,447
Fixed assets
€411 ▼ 48.6%
Current assets
€150,036 ▼ 69.4%
Equity and liabilities €150,447
Equity
€33,492 ▲ 10.3%
Debt
€116,955 ▼ 74.6%
Debt's share of the balance-sheet total falls from 93.8% to 77.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4,021▲
2021 · €491
Cash flow
€3,331▲
2021 · -€956
Current ratio
1.29▲
2021 · 1.08
Debt to equity
3.49▼
2021 · 15.17
ROE
9.3%▲
2021 · -3.9%
ROA
2.1%▲
2021 · -0.2%
Interest coverage
5.00▲
2021 · 0.34
Debt ≤ 1 year
€116,321▼
2021 · €452,782
Debt > 1 year
€634▼
2021 · €8,007
Income taxes
€125▼
2021 · €223
Staff costs
€146▲
2021 · €106
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 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €967,635 | €901,483 | €667,851 | €27,137 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €28,950 | €2,640 | ▼ 90.9% |
| Remuneration, social security and pensions62 | - | - | - | €106 | €146 | ▲ 37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,546 | €9,602 | €7,619 | €215 | €215 | = |
| Other operating charges640/8 | - | - | - | €2,570 | €6,178 | ▲ 140% |
| Gross operating margin9900 | €74,578 | €76,459 | €36,121 | €3,167 | €10,345 | ▲ 227% |
| Operating profit (loss)9901 | €27,146 | €26,692 | €5,844 | €276 | €3,806 | ▲ 1,278% |
| Financial income75/76B | - | - | - | €209 | €240 | ▲ 14.9% |
| Recurring financial income75 | €1,626 | €1,489 | €1,350 | €209 | €240 | ▲ 14.9% |
| Financial charges65/66B | - | - | - | €1,433 | €805 | ▼ 43.9% |
| Recurring financial charges65 | €23,444 | €22,000 | €16,081 | €1,433 | €805 | ▼ 43.9% |
| Profit (loss) for the period before taxes9903 | €5,328 | €6,180 | -€8,887 | -€948 | €3,242 | ▲ 442% |
| Income taxes67/77 | €3,019 | €2,436 | €37 | €223 | €125 | ▼ 43.7% |
| Profit (loss) for the period9904 | €2,309 | €3,744 | -€8,924 | -€1,171 | €3,116 | ▲ 366% |
| Profit (loss) for the period to be appropriated9905 | €2,309 | €3,744 | -€8,924 | -€1,171 | €3,116 | ▲ 366% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.4m | €461,166 | €491,164 | €150,447 | ▼ 69.4% |
| Fixed assets21/28 | €18,290 | €14,171 | €1,015 | €800 | €411 | ▼ 48.6% |
| Tangible fixed assets22/27 | €18,050 | €13,931 | €775 | €561 | €346 | ▼ 38.3% |
| Other tangible fixed assets26 | - | - | - | €561 | €346 | ▼ 38.3% |
| Financial fixed assets28 | €240 | €240 | €240 | €240 | €65 | ▼ 72.9% |
| Current assets29/58 | €1.3m | €1.4m | €460,151 | €490,363 | €150,036 | ▼ 69.4% |
| Stocks and contracts in progress3 | €16,560 | €16,560 | - | - | - | - |
| Amounts receivable within one year40/41 | €1.3m | €1.3m | €454,821 | €489,560 | €149,987 | ▼ 69.4% |
| Trade receivables40 | - | - | - | €470,135 | €139,839 | ▼ 70.3% |
| Other amounts receivable41 | - | - | - | €19,424 | €10,147 | ▼ 47.8% |
| Cash at bank and in hand54/58 | €16,237 | €19,710 | - | €90 | €8 | ▼ 91.5% |
| Deferred charges and accrued income490/1 | - | - | - | €714 | €42 | ▼ 94.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.4m | €461,166 | €491,164 | €150,447 | ▼ 69.4% |
| Equity10/15 | €36,727 | €40,471 | €31,546 | €30,376 | €33,492 | ▲ 10.3% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €14,727 | €18,471 | €9,546 | €8,376 | €11,492 | ▲ 37.2% |
| Amounts payable17/49 | €1.3m | €1.3m | €429,619 | €460,788 | €116,955 | ▼ 74.6% |
| Amounts payable after more than one year17 | €10,732 | €3,577 | - | €8,007 | €634 | ▼ 92.1% |
| Financial debts170/4 | - | - | - | €8,007 | €634 | ▼ 92.1% |
| Amounts payable within one year42/48 | €1.2m | €1.2m | €420,623 | €452,782 | €116,321 | ▼ 74.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,959 | €7,373 | ▲ 6.0% |
| Trade debts44 | €1.1m | €1.1m | €380,279 | €399,766 | €61,197 | ▼ 84.7% |
| Suppliers440/4 | - | - | - | €399,766 | €61,197 | ▼ 84.7% |
| Taxes, remuneration and social security45 | - | - | - | €115 | €860 | ▲ 648% |
| Taxes450/3 | - | - | - | €115 | €860 | ▲ 648% |
| Other amounts payable47/48 | - | - | - | €45,942 | €46,892 | ▲ 2.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,309 | €3,744 | -€8,924 | -€1,171 | €3,116 | ▲ 366% |
| + Depreciation and write-downs630 | €8,546 | €9,602 | €7,619 | €215 | €215 | = |
| Operating cash flow (approximation) | €10,855 | €13,346 | -€1,305 | -€956 | €3,331 | ▲ 448% |
| Investment in fixed assets (approximation) | - | -€5,483 | €5,537 | €0 | €175 | - |
| Change in cash | - | €3,473 | - | - | -€82 | - |
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
2024
24-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 17-12-2024
09-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 02-01-2024
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
31-12
Financial
Back to profitnet €3,116
Net result €3,116 after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 32 days late
2020
31-12
Financial
Weakest financial yearnet -€8,924
Net result drops to -€8,924, the lowest in the series.
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 140 days late
2019
31-12
Financial
Highest result since 2018net €3,744 ▲62.2%
Net result €3,744, the highest in the series.
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 153 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 61 days late
2017
30-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 152 days late
Show earlier events
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 141 days late
2015
31-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 153 days late
2014
31-12
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 153 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PAUL VAN ROMPAEY ZANDBERG,19, 2260 WESTERLO- |
02-01-2024 → 17-12-2024 |