ACTIVE

Worldline e-Commerce Solutions

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-769,0 M €

-2020.8% YoY

Revenue

37,5 M €

+5.4% YoY

Equity

523,5 M €

-59.5% YoY

Workforce

216,9 ETP

-13.8% YoY

What does Worldline e-Commerce Solutions do?

Worldline e-Commerce Solutions is a Private limited company incorporated in 1996. Its main activity is: Computer consultancy activities. Its registered office is in Bruxelles. It employs on average 216,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.360.623

Incorporation

05/12/1996

Legal form

Private limited company

Registered office

Chaussée de Haecht 1442
1130 Bruxelles · BruxellesSee on map

Contributed capital

1 340 124 347,01 €

Latest accounts

31/12/2025

Average workforce

216,9 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 70200Management consultancy activities 70220Business and other management consultancy activities 72100Research and experimental development on natural sciences and engineering 62090Other information technology and computer service activities+1

Joint committees (3)

Signals

Solid equityLow riskGood liquidityHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	37,5 M €	+5.4%	35,6 M €	-6.5%	38,1 M €	-21.8%	48,7 M €	-10.9%	54,6 M €	-2.3%	55,9 M €	-1.1%	56,5 M €	+12.7%	50,2 M €	+2.4%	49,0 M €	+8.0%	45,4 M €	+18.9%	38,2 M €	+32.4%	28,8 M €	+40.0%	20,6 M €	+25.3%	16,4 M €	+22.8%	13,4 M €	+29.0%	10,4 M €		–		–
EBITDA	-1,7 M €	+87.9%	-13,7 M €	-1231%	1,2 M €	-72.8%	4,5 M €	-73.5%	16,8 M €	+17.4%	14,3 M €	+4493%	-326,0 k €	-105%	6,2 M €	-50.1%	12,5 M €	-4.6%	13,0 M €	+2.2%	12,8 M €	+37.4%	9,3 M €	+48.5%	6,3 M €	+13.1%	5,5 M €	+8.9%	5,1 M €	+43.0%	3,6 M €	+14.7%	3,1 M €	+35.5%	2,3 M €
Operating result	-13,0 M €	+48.8%	-25,3 M €	-241%	-7,4 M €	-119%	-3,4 M €	-133%	10,4 M €	+27.3%	8,2 M €	+352%	-3,2 M €	-205%	3,1 M €	-68.3%	9,8 M €	-8.5%	10,7 M €	-2.6%	11,0 M €	+34.5%	8,2 M €	+53.6%	5,3 M €	+8.8%	4,9 M €	+4.5%	4,7 M €	+49.0%	3,1 M €	+12.7%	2,8 M €	+31.0%	2,1 M €
Net result	-769,0 M €	-2021%	-36,3 M €	-139%	-15,2 M €	-475%	4,0 M €	-50.0%	8,1 M €	-47.7%	15,4 M €	+329%	-6,7 M €	-283%	3,7 M €	-75.1%	14,8 M €	+142%	6,1 M €	+148%	-12,6 M €	-476%	3,4 M €	-95.9%	82,2 M €	+1445%	5,3 M €	+11.6%	4,8 M €	+41.5%	3,4 M €	+52.3%	2,2 M €	+45.4%	1,5 M €
Balance sheet
Equity	523,5 M €	-59.5%	1,3 Md €	-2.7%	1,3 Md €	-1.1%	1,3 Md €	+0.1%	1,3 Md €	+0.0%	1,3 Md €	+0.2%	1,3 Md €	+383%	277,2 M €	-0.9%	279,7 M €	+2.9%	271,9 M €	+719%	33,2 M €	+222%	10,3 M €	+47.8%	7,0 M €	+303%	1,7 M €	-6.0%	1,8 M €	+11.5%	1,7 M €	+219%	517,2 k €	+2.2%	506,1 k €
Total assets	546,5 M €	-58.4%	1,3 Md €	-4.4%	1,4 Md €	-2.0%	1,4 Md €	+2.6%	1,4 Md €	-4.6%	1,4 Md €	-4.9%	1,5 Md €	+385%	310,7 M €	+4.4%	297,6 M €	+4.4%	285,1 M €	+520%	45,9 M €	-13.1%	52,9 M €	-42.2%	91,5 M €	+1035%	8,1 M €	+19.7%	6,7 M €	+45.3%	4,6 M €	+53.1%	3,0 M €	+29.4%	2,3 M €
Cash	22,7 M €	-16.2%	27,0 M €	+27.4%	21,2 M €	+265%	5,8 M €	+69.2%	3,4 M €	+73.2%	2,0 M €	+24.5%	1,6 M €	-56.9%	3,7 M €	-33.3%	5,5 M €	+69.5%	3,3 M €	+190%	1,1 M €	-31.9%	1,7 M €	+59.3%	1,0 M €	-4.9%	1,1 M €	+38.1%	792,6 k €	+211%	254,7 k €	-15.1%	299,9 k €	+0.9%	297,2 k €
Debts	22,8 M €	+23.2%	18,5 M €	-56.7%	42,7 M €	-9.2%	47,0 M €	+104%	23,1 M €	-71.9%	82,2 M €	-50.6%	166,4 M €	+406%	32,9 M €	+102%	16,3 M €	+37.9%	11,8 M €	-2.7%	12,2 M €	-71.2%	42,2 M €	-50.1%	84,4 M €	+1239%	6,3 M €	+29.6%	4,9 M €	+66.9%	2,9 M €	+18.4%	2,5 M €	+34.7%	1,8 M €
Other
Workforce	216,9 ETP	-13.8%	251,5 ETP	-10.6%	281,4 ETP	+9.0%	258,2 ETP	+2.9%	250,9 ETP	-3.0%	258,6 ETP	-8.8%	283,6 ETP	+5.4%	269,1 ETP	+12.9%	238,4 ETP	+20.3%	198,2 ETP	+38.5%	143,1 ETP	+34.9%	106,1 ETP	+21.3%	87,5 ETP	+31.0%	66,8 ETP	+13.4%	58,9 ETP	+19.0%	49,5 ETP	+47.8%	33,5 ETP	+28.4%	26,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 78 ended

Active mandates

Birgitta Brys

Director · since 15 octobre 2024

Active

Jef Huybreghts

Director · since 21 octobre 2022

Active

Lars Thomas Falkner

Director · since 08 septembre 2020

Active

Ended mandates

Charles MAHAUT

Director · since 01 avril 2019 · until 21 octobre 2022

Ended

Charles MAHAUT

Director · since 01 avril 2019

Ended

Charles MAHAUT

Manager · since 01 avril 2019

Ended

Benoît Marie Boudier

Director · since 07 novembre 2018 · until 02 septembre 2024

Ended

At this address

Other companies at this address

Company	CBE no.
Ingenico Belgium● Active	0768.920.483
MTS Participation Belgium● Active	1029.322.725
WORLDLINE● Active	0418.547.872

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/07/2026	10/07/2025	10/07/2024	25/08/2023	30/09/2022	04/08/2021
General meeting	25/06/2026	26/06/2025	27/06/2024	24/07/2023	15/09/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

30 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	25/06/2026	15/07/2026	Dutch	PDF
Full model	31/12/2024	26/06/2025	10/07/2025	Dutch	PDF
Full model	31/12/2023	27/06/2024	10/07/2024	Dutch	PDF
Full model	31/12/2022	24/07/2023	25/08/2023	Dutch	PDF
Full model	31/12/2021	15/09/2022	30/09/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	04/08/2021	Dutch	PDF
Full model	31/12/2019	08/09/2020	24/09/2020	Dutch	PDF
Full modelCorrection	31/12/2018	27/06/2019	13/07/2020	Dutch	PDF
Full model	31/12/2018	27/06/2019	19/07/2019	Dutch	PDF
Full model	31/12/2017	28/06/2018	30/07/2018	French	PDF
Full model	31/12/2016	29/06/2017	29/06/2017	French	PDF
m121-f-p	31/12/2016	10/05/2017	29/06/2017	French	PDF
Full model	31/12/2015	30/06/2016	06/07/2016	French	PDF
Full model	31/12/2014	29/05/2015	08/07/2015	French	PDF
Full model	31/12/2013	11/06/2014	03/07/2014	French	PDF
Full model	31/12/2012	22/05/2013	19/06/2013	French	PDF
Full model	31/12/2011	21/03/2012	11/05/2012	French	PDF
Full model	31/12/2010	25/03/2011	15/04/2011	French	PDF
m120-f-p	31/12/2010	25/03/2011	18/05/2011	French	PDF
Full model	31/12/2009	20/04/2010	18/05/2010	French	PDF
m120-f-p	31/12/2009	20/04/2010	19/05/2010	French	PDF
Full model	31/12/2008	21/04/2009	07/05/2009	French	PDF
m120-f-p	31/12/2008	21/04/2009	05/06/2009	French	PDF
Abridged modelCorrection	31/12/2007	15/04/2008	12/08/2008	French	PDF

View all 30 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 M€ and 1.000 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 78 ended

Active mandates

Birgitta Brys

Director · since 15 octobre 2024

Active

Jef Huybreghts

Director · since 21 octobre 2022

Active

Lars Thomas Falkner

Director · since 08 septembre 2020

Active

Ended mandates

Charles MAHAUT

Director · since 01 avril 2019 · until 21 octobre 2022

Ended

Charles MAHAUT

Director · since 01 avril 2019

Ended

Charles MAHAUT

Manager · since 01 avril 2019

Ended

Benoît Marie Boudier

Director · since 07 novembre 2018 · until 02 septembre 2024

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/07/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - MAATSCHAPPELIJKE ZETEL
PDF
Mandates14/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/01/2022
BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates17/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/10/2020
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-769,0 M €↓
2024
Annual accounts 2024-36,3 M €↓
15/10/2024
nominationBirgitta Brys — lid van de raad van bestuur
27/06/2024
reconductionDeloitte Réviseurs d'Entreprises SCRL — commissaris
2023
Annual accounts 2023-15,2 M €↓
2022
Annual accounts 20224,0 M €↓
30/11/2022
nominationJef Huybreghts — bestuurder
2022
Name changeWorldline e-Commerce Solutions
2019
Annual accounts 20198,1 M €↓
2018
Annual accounts 201815,4 M €↑
2017
Annual accounts 2017-6,7 M €↓
2016
Annual accounts 20163,7 M €↓
2015
Annual accounts 201514,8 M €↑
2014
Annual accounts 20146,1 M €↑
2014
Name changeIngenico e-Commerce Solutions
2013
Annual accounts 2013-12,6 M €↓
2012
Annual accounts 20123,4 M €↓
2011
Annual accounts 201182,2 M €↑
2010
Annual accounts 20105,3 M €↑
2009
Annual accounts 20094,8 M €↑
2008
Annual accounts 20083,4 M €↑
2007
Annual accounts 20072,2 M €↑
2006
Annual accounts 20061,5 M €
2006
Name changeOGONE
05/12/1996
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Worldline e-Commerce Solutions

Overview

What does Worldline e-Commerce Solutions do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline