ACTIVE

WorldRemit Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result93,4 k €-68,2 %over 1 year

Revenue6,6 M €-30,1 %over 1 year

Equity2,5 M €+3,9 %over 1 year

Workforce8,5 ETP+21,4 %over 1 year

Identity

Source · BCE/KBO

WorldRemit Belgium is a Public limited company incorporated in 2019. Its main activity is: Other financial service activities, except insurance and pension funding n.e.c.. Its registered office is in Bruxelles. It employs on average 8,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0718.634.495
Incorporation: 14/01/2019
Legal form: Public limited company
Registered office: Rue du Commerce 31
1000 Bruxelles · BruxellesSee on map
Contributed capital: 1 881 100,00 €
Latest accounts: 31/12/2025
Average workforce: 8,5 ETP

Activities (NACE)

64999Other financial service activities, except insurance and pension funding n.e.c.· main 64999Other financial service activities, except insurance and pension funding n.e.c.66199Other activities auxiliary to financial services, except insurance and pension funding 66199Other activities auxiliary to financial services, except insurance and pension funding

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 7 filings

Trend over 5 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	6,6 M €	-30.1%	9,4 M €	-31.1%	13,6 M €	-23.6%	17,8 M €	-6.5%	19 M €
EBITDA	-18,4 k €	-100%	3,7 M €	+373%	787,5 k €	+122%	-3,6 M €	-326%	1,6 M €
Operating result	-196,2 k €	-106%	3,4 M €	+327%	787,5 k €	+122%	-3,6 M €	-326%	1,6 M €
Net result	93,4 k €	-68.2%	293,5 k €	+375%	61,8 k €	-11.4%	69,8 k €	+131%	30,2 k €
Balance sheet
Equity	2,5 M €	+3.9%	2,4 M €	+13.8%	2,1 M €	+3.0%	2,1 M €	+3.5%	2 M €
Total assets	8 M €	-71.8%	28,5 M €	+81.9%	15,6 M €	-19.2%	19,4 M €	+13.9%	17 M €
Cash	2,6 M €	-44.4%	4,7 M €	-31.1%	6,8 M €	-2.7%	7 M €	-10.2%	7,8 M €
Debts	5,3 M €	-79.4%	25,6 M €	+96.0%	13,1 M €	-23.0%	17 M €	+14.8%	14,8 M €
Other
Workforce	8,5 ETP	+21.4%	7,0 ETP	+34.6%	5,2 ETP	+4.0%	5,0 ETP	+28.2%	3,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 19 ended

Active mandates

Christina Alejandra Elsea-Belousek

Director · since 01 août 2025 · until 04 février 2026

Active

Jonathan Barrie Morris

Director · since 30 juin 2024 · until 01 août 2025

Active

Thibault Pierre Heyvaert

Director · since 08 juin 2023 · until 25 juin 2027

Active

Philip Charles Doyle

Director · since 28 février 2022 · until 25 juin 2027

Active

Ended mandates

Jonathan Barrie Morris

Director · since 30 juin 2024 · until 31 décembre 2030

Ended

Robert Andrew Mitchell

Director · since 31 mars 2023 · until 07 juin 2027

Ended

Robert Andrew Mitchell

Director · since 31 mars 2023 · until 25 juin 2027

Ended

Breon Thomas Corcoran

Director · since 28 février 2022 · until 31 mars 2023

Ended

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Full financial information

Source · NBB

	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	29/06/2026	27/06/2025	10/07/2024	10/07/2023	01/09/2022	01/12/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	07/06/2023	14/07/2022	30/11/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	29/06/2026	French	PDF
Full model	31/12/2024	27/06/2025	27/06/2025	French	PDF
Full model	31/12/2023	28/06/2024	10/07/2024	French	PDF
Full model	31/12/2022	07/06/2023	10/07/2023	French	PDF
Full model	31/12/2021	14/07/2022	01/09/2022	French	PDF
Full model	31/12/2020	30/11/2021	01/12/2021	French	PDF
Full model	31/12/2019	02/06/2020	03/08/2020	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 19 ended

Active mandates

Christina Alejandra Elsea-Belousek

Director · since 01 août 2025 · until 04 février 2026

Active

Jonathan Barrie Morris

Director · since 30 juin 2024 · until 01 août 2025

Active

Thibault Pierre Heyvaert

Director · since 08 juin 2023 · until 25 juin 2027

Active

Philip Charles Doyle

Director · since 28 février 2022 · until 25 juin 2027

Active

Ended mandates

Jonathan Barrie Morris

Director · since 30 juin 2024 · until 31 décembre 2030

Ended

Robert Andrew Mitchell

Director · since 31 mars 2023 · until 07 juin 2027

Ended

Robert Andrew Mitchell

Director · since 31 mars 2023 · until 25 juin 2027

Ended

Breon Thomas Corcoran

Director · since 28 février 2022 · until 31 mars 2023

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/04/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates13/11/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates06/11/2024
DEMISSIONS, NOMINATIONS
PDF
Registered office26/03/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - SIEGE SOCIAL
PDF
Mandates30/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates02/02/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates28/04/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates29/04/2021
DEMISSIONS, NOMINATIONS
PDF

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

See the Business plan

Timeline

2025
Annual accounts 202593,4 k €↓
2024
Annual accounts 2024293,5 k €↑
2023
Annual accounts 202361,8 k €↓
2022
Annual accounts 202269,8 k €↑
2021
Annual accounts 202130,2 k €
14/01/2019
IncorporationPublic limited company

WorldRemit Belgium

Overview

Identity

Financials

Valuation

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

Timeline