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Wortell Belgium

Active
Public limited companyfounded 2006active for 20 yearsSluisweg 1, 9000 Gent, BelgiumKBO/BCE: BE 0879.683.397
Summary

Wortell Belgium has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €396,871. Equity has been shrinking by about 14% per year since 2018. Its solvency ranks better than 46% of 1,683 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 01-03-2006 Normal situation
Registered office
46 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
Computer consultancy and computer facilities management NACE 62200and 1 other
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.298.139.935 9000 Gent, since 01-01-2018
Financial year end
31 December
Peppol
Reachable since 10-07-2026

Board and ownership

Board
Shareholders
  • WORTELL GROUP B.V.annual accounts 2023
  • Wortell MCMXCVII B.V.annual accounts 2025
  • WORTELL GROUP BELGIUM18-12-2024 annual accounts of WORTELL GROUP BELGIUM

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€5.4m
▲ 2.0%
Turnover
≈ €13.0m
estimated
Profit
€396,871
▲ 94.9%
Equity
€1.3m
▲ 43.5%
Total assets
€3.8m
▲ 11.0%
Employees on 31-12-2025
50
▲ 6.4%
Net result +95%: other schema
Score breakdownlowers riskLiquidity: current ratio 1.48, cash €1.1mFigures for financial year 2025 (filed on 09-06-2026)Sector: Computer programming, consultancy and related activities (NACE 62)Profit of €396,871 (financial year 2025)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 66% of small companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Strong
Solvency 59+7
equity 34.4% of total assets
Liquidity 54+18
short-term debt 62.2% · cash 29.5%
Profitability 82+6
return on assets 10.4%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (1,167 companies, NACE 62, small)
Last 24 months 12-2024: 0.9%highest value 01-2025: 0.9%● unchanged vs 12-2024highest value 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.7%▼ -0.2 percentage points vs 04-2025 06-2025: 0.8%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%▼ -0.6 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.48 (1.23 in 2024), below the usual 1.5. Short-term debt is 62.2% and cash 29.5% of total assets. 65.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 62, small). It does better than 43% of them on solvency, 65% on liquidity, 75% on profitability and 80% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 1.48, cash €1.1m
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 09-06-2026)
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Profit of €396,871 (financial year 2025)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.3m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 days early
2024
56 days early
2023
47 days early
2022
76 days early
2021
67 days early
2020
75 days early
2019
65 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 63 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025different schema filed ▲ 94.9% View
  • Higher gross margin than 95% of companies in computer programming and consultancysector median €283,387 · 1,277 companies €5.4m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Appointment: Danny Burlage (director)Resignation: Wortell Group Belgium (director) · Permanent representative: Danny Burlage
  2. · Gazette deed Reappointment: Baker Tilly Bedrijfsrevisoren bv (statutory auditor)Permanent representative: Danny Burlage
  3. · Gazette deed Permanent representative: Danny Burlage
All 40 events

Comparable companies

These companies have the same main activity as Wortell Belgium: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €3.2m and €4.9m, founded between 1999 and 2007.

CompanyTotal assetsGross margin
Wortell Belgium Gent€3.8m€5.4m
QFRAME Kontich€4.1m€4.4m
MAINSYS BELGIUM Elsene€3.2m€4.8m
EpicData Kontich€3.2m€4.2m
oXya Consulting Benelux Kortrijk€4.9m€5.4m
INUITS Antwerpen€3.9m€7.2m
BMATIX Kontich€3.7m€4.5m
Full comparison

Key facts about Wortell Belgium

What is the company number of Wortell Belgium?
The company number of Wortell Belgium is 0879.683.397. The VAT number is the same number with BE in front: BE 0879.683.397.
Where is Wortell Belgium based?
The registered office is at Sluisweg 1, 9000 Gent.Company details
What does Wortell Belgium do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of Wortell Belgium?
The legal form of Wortell Belgium is Public limited company (NV).
When was Wortell Belgium founded?
Wortell Belgium was founded on 01-03-2006.
Is Wortell Belgium still active?
Yes, Wortell Belgium is an active enterprise in the KBO register.
How many employees does Wortell Belgium have?
Wortell Belgium had an average of 48.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Wortell Belgium fall under?
In its 2025 annual accounts, Wortell Belgium states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Wortell Belgium?
The turnover in financial year 2025 is ≈ €13.0m. This figure is estimated from the gross margin of €5.4m and 117 comparable companies (NACE 62200). It probably lies between €10.0m and €19.0m. In financial year 2023 turnover was €12.1m.
Is Wortell Belgium profitable?
In financial year 2025, Wortell Belgium made a profit of €396,871.
Where can I find the annual accounts of Wortell Belgium?
Wortell Belgium filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Wortell Belgium due?
Wortell Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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