WEBPLICATIONS
ActiveSummary
WEBPLICATIONS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. 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 4613 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability35▲+22
Solvency0▼-35
Growth38▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 136.1% and cash: 0.1% of total assets), and equity is negative.
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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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
-37.2%
Return on assets
-44.8%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1920202122232425
2019 to 2025 · latest year -€29.8m
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 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
65 d early
2024
50 d early
2023
55 d early
2022
56 d early
2021
47 d early
2020
17 d early
2020
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 7 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€510,359▲ 13.5%
2024 · €449,823
EBIT margin
157.8%▲ 256.4pp
2024 · -98.6%
Net result
-€35.9m
2024 · €274,710
Working capital
-€108.9m▼ 96.2%
2024 · -€55.5m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€431,171€394,063▼ 8.6%€437,856▲ 11.1%€449,823▲ 2.7%€510,359▲ 13.5%
Operating result-€1.1m▼ 573%-€819,276▲ 24.9%-€770,925▲ 5.9%-€443,374▲ 42.5%€805,267
Net result-€1.2mbelow the sector's middle half▼ 611%-€5.5mbelow the sector's middle half▼ 366%-€5.7mbelow the sector's middle half▼ 5.0%€274,710above the sector's middle half-€35.9mbelow the sector's middle half
EBIT margin-252.9%-207.9%▲ 45.0pp-176.1%▲ 31.8pp-98.6%▲ 77.5pp157.8%▲ 256.4pp
Equity€2.1mwithin the sector's middle half▼ 36.3%-€3.4mbelow the sector's middle half€5.8mabove the sector's middle half€6.1mabove the sector's middle half▲ 4.7%-€29.8mbelow the sector's middle half
Total assets€16.1mabove the sector's middle half▲ 350%€38.1mabove the sector's middle half▲ 137%€48.6mabove the sector's middle half▲ 27.5%€62.4mabove the sector's middle half▲ 28.3%€80.1mabove the sector's middle half▲ 28.5%
Debt€14.0m▲ 4,056%€41.5m▲ 196%€42.8m▲ 3.0%€56.3m▲ 31.6%€109.9m▲ 95.4%
Working capital-€13.9mbelow the sector's middle half▼ 4,470%-€41.2mbelow the sector's middle half▼ 196%-€42.6mbelow the sector's middle half▼ 3.5%-€55.5mbelow the sector's middle half▼ 30.2%-€108.9mbelow the sector's middle half▼ 96.2%
Solvency12.8%within the sector's middle half▼ 77.7pp-9.0%below the sector's middle half▼ 21.8pp12.0%within the sector's middle half▲ 21.0pp9.8%within the sector's middle half▼ 2.2pp-37.2%below the sector's middle half▼ 47.0pp
Current ratio0.01below the sector's middle half▼ 0.090.00below the sector's middle half=0.00below the sector's middle half=0.00below the sector's middle half=0.00below the sector's middle half=
Return on assets (ROA)-7.3%below the sector's middle half▼ 2.7pp-14.4%below the sector's middle half▼ 7.1pp-11.8%below the sector's middle half▲ 2.5pp0.4%within the sector's middle half▲ 12.3pp-44.8%below the sector's middle half▼ 45.3pp
Staff (FTE)2within the sector's middle half2within the sector's middle half=2within the sector's middle half=2within the sector's middle half=2within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2021 Net result -611% on 2020. The previous fiscal year ran 9 months, this one 12.
Result per fiscal year
Operating resultNet result
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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80.1m
Fixed assets
€80.0m ▲ 28.6%
Current assets
€161,938 ▼ 11.5%
Key figures and ratios
EBITDA
€805,391▲
2024 · -€443,271
Cash flow
-€35.9m▼
2024 · €274,813
Debt to equity
-3.69▼
2024 · 9.20
Interest coverage
0.28▲
2024 · -0.19
Debt ≤ 1 year
€109.0m▲
2024 · €55.7m
Income taxes
€562▼
2024 · €652
Staff costs
€455,824▲
2024 · €423,401
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €440,451 | €786,354 | €902,064 | €1.3m | €1.5m | ▲ 18.4% |
| Turnover70 | €431,171 | €394,063 | €437,856 | €449,823 | €510,359 | ▲ 13.5% |
| Other operating income74 | €9,280 | €132,546 | €51,225 | €92,976 | €125,146 | ▲ 34.6% |
| Non-recurring operating income76A | - | €259,746 | €412,983 | €718,911 | €858,326 | ▲ 19.4% |
| Operating charges60/66A | €1.5m | €1.6m | €1.7m | €1.7m | €688,564 | ▼ 59.6% |
| Services and other goods61 | €1.1m | €1.2m | €1.3m | €1.3m | €232,249 | ▼ 81.9% |
| Remuneration, social security and pensions62 | €413,634 | €371,195 | €413,063 | €423,401 | €455,824 | ▲ 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 | -€1.1m | -€819,276 | -€770,925 | -€443,374 | €805,267 | ▲ 282% |
| Financial income75/76B | €1,937 | €364 | €1,066 | €3.0m | €1.0m | ▼ 65.3% |
| Recurring financial income75 | €1,937 | €364 | €1,066 | €14 | €69,519 | ▲ 483,677% |
| Income from current assets751 | €6 | - | - | - | €69,518 | - |
| Other financial income752/9 | €1,931 | €364 | €1,066 | €14 | €1 | ▼ 93.6% |
| Non-recurring financial income76B | - | - | - | €3.0m | €971,804 | ▼ 67.6% |
| Financial charges65/66B | €85,118 | €4.7m | €5.0m | €2.3m | €37.8m | ▲ 1,556% |
| Recurring financial charges65 | €85,118 | €589,073 | €1.7m | €2.3m | €2.9m | ▲ 28.4% |
| Debt charges650 | €66,480 | €459,599 | €1.7m | €2.3m | €2.9m | ▲ 28.5% |
| Other financial charges652/9 | €18,639 | €129,474 | €6,663 | €3,394 | €2,010 | ▼ 40.8% |
| Non-recurring financial charges66B | - | €4.1m | €3.3m | - | €34.9m | - |
| Profit (loss) for the period before taxes9903 | -€1.2m | -€5.5m | -€5.7m | €275,361 | -€35.9m | ▼ 13,149% |
| Income taxes67/77 | €945 | €954 | €745 | €652 | €562 | ▼ 13.8% |
| Taxes670/3 | €945 | €954 | €745 | €652 | €562 | ▼ 13.8% |
| Profit (loss) for the period9904 | -€1.2m | -€5.5m | -€5.7m | €274,710 | -€35.9m | ▼ 13,180% |
| Profit (loss) for the period to be appropriated9905 | -€1.2m | -€5.5m | -€5.7m | €274,710 | -€35.9m | ▼ 13,180% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €16.1m | €38.1m | €48.6m | €62.4m | €80.1m | ▲ 28.5% |
| Fixed assets21/28 | €16.0m | €38.0m | €48.4m | €62.2m | €80.0m | ▲ 28.6% |
| Tangible fixed assets22/27 | - | - | - | €1,131 | €1,007 | ▼ 10.9% |
| Plant, machinery and equipment23 | - | - | - | €1,131 | €1,007 | ▼ 10.9% |
| Financial fixed assets28 | €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 | - | - | €1,970 | - | - | - |
| Current assets29/58 | €114,951 | €146,310 | €154,229 | €183,010 | €161,938 | ▼ 11.5% |
| Amounts receivable within one year40/41 | €74,186 | €49,007 | €71,620 | €67,293 | €117,746 | ▲ 75.0% |
| Trade receivables40 | €69,392 | €41,879 | €61,826 | €49,603 | €43,642 | ▼ 12.0% |
| Other amounts receivable41 | €4,793 | €7,128 | €9,794 | €17,691 | €74,104 | ▲ 319% |
| Cash at bank and in hand54/58 | €12,065 | €67,040 | €54,355 | €115,717 | €42,517 | ▼ 63.3% |
| Deferred charges and accrued income490/1 | €28,700 | €30,263 | €28,254 | - | €1,676 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €16.1m | €38.1m | €48.6m | €62.4m | €80.1m | ▲ 28.5% |
| Equity10/15 | €2.1m | -€3.4m | €5.8m | €6.1m | -€29.8m | ▼ 588% |
| Contributions10/11 | €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 | -€1.4m | -€6.9m | -€5.7m | -€5.5m | -€41.4m | ▼ 656% |
| Amounts payable17/49 | €14.0m | €41.5m | €42.8m | €56.3m | €109.9m | ▲ 95.4% |
| Amounts payable within one year42/48 | €14.0m | €41.3m | €42.8m | €55.7m | €109.0m | ▲ 95.8% |
| Trade debts44 | €199,912 | €357,342 | €165,525 | €151,757 | €31,675 | ▼ 79.1% |
| Suppliers440/4 | €199,912 | €357,342 | €165,525 | €151,757 | €31,675 | ▼ 79.1% |
| Taxes, remuneration and social security45 | €112,593 | €119,420 | €121,934 | €150,968 | €154,431 | ▲ 2.3% |
| Taxes450/3 | €13,251 | €19,302 | €14,627 | €14,839 | €16,805 | ▲ 13.3% |
| Remuneration and social security454/9 | €99,342 | €100,118 | €107,307 | €136,130 | €137,626 | ▲ 1.1% |
| Other amounts payable47/48 | €13.7m | €40.8m | €42.5m | €55.4m | €108.8m | ▲ 96.6% |
| Accrued charges and deferred income492/3 | - | €232,886 | - | €581,054 | €914,830 | ▲ 57.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1.2m | -€5.5m | -€5.7m | €274,710 | -€35.9m | ▼ 13,180% |
| + Depreciation and write-downs630 | - | - | - | €103 | €123 | ▲ 19.6% |
| Operating cash flow (approximation) | -€1.2m | -€5.5m | -€5.7m | €274,813 | -€35.9m | ▼ 13,175% |
| Investment in fixed assets (approximation) | - | -€22.0m | -€10.5m | -€13.7m | -€17.8m | ▼ 29.3% |
| Change in cash | - | €54,975 | -€12,685 | €61,362 | -€73,200 | ▼ 219% |
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
Next filing, fiscal year 2026, expected by
2026
27-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€35.9m
Net result drops to -€35.9m, the lowest in the series.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €274,710
Net result €274,710 after 6 loss-making years.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €5mEq €5.8m
Equity rises from -€3.4m to €5.8m.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
13-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 17 acts read
About the unread acts
We know of 17 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
17 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, Antwerpen · 1 establishment unit since 2007
Ground area
2.3 ha
Building footprint
8,127 m²
Volume, LiDAR
116,161 m³
2 parcels, Flanders · tallest building 24.7 m, ±5 floors. Linked by address, not a title deed.
22
companies at this address
See who is registered here
1 establishment unit
Webplications
since 20072.169.735.689
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11813N0223/00B003 | Flanders | 1.4 ha | 1 · 3,963 m² | 22.1 m · 5 fl. |
| 24126D0179/00D002 | Flanders | 8,983 m² | 1 · 4,164 m² | 24.7 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
Capstone Partners
22 companies
Group, risk and exposure
Owners and holdings
1 owner · 15 holdings · 6 subsidiaries in the treeChain 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
- MEDIAHUISparent100%
Holdings 15
-
100%
-
100%
-
100%
-
100%
-
100%
-
17.75%
-
15.98%
-
14.19%
-
13.63%
-
12.45%
Show 5 more holdings
-
12.04%
-
10.57%
-
9.99%
-
8.97%
-
8.33%
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 Gazette and the LEI register. 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 fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 7,326 companies in sector 68110 we hold annual accounts for 5,390. 1,605 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0895164696
Also
9925:BE0895164696
Registered
24-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.