Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
52 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ANGELWISE from Hasselt, company number BE0778895548, closed financial year 2025 with a result of € -1.2 million after tax. Compared with financial year 2024, the result moved from € -937,374 to € -1.2 million. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 7, 2026.
€ 7.8 million
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.2 million
▼ 24 % more loss than in 2024
Profit after tax over the fiscal year.
€ 921,726
▲ 119% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.2 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,258
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 6 days on average.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Profit after taxes | € -664,655 | € -937,374 | € -1,158,778 | ▼ € 221,404 |
| Equity | € 3,864,407 | € 5,927,033 | € 7,768,255 | ▲ 31% |
| Total debts | € 18,082 | € 14,714 | € 7,258 | ▼ 51% |
| Cash | € 507,879 | € 420,358 | € 921,726 | ▲ 119% |
| Retained profit | € -1,135,593 | € -2,072,967 | € -3,232,744 | ▼ € 1.2 million |
| Balance sheet total | € 3,882,489 | € 5,941,747 | € 7,775,513 | ▲ 31% |
Key figures of ANGELWISE, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ANGELWISE?
What happened at ANGELWISE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Participatiemaatschappij Vlaanderen NV stepped down as director. NBB
- Centrum voor Ondersteuning van digitale Innovatie VZW stepped down as director. NBB
- Angelwise Beheer BV stepped down as director. NBB
- Rik Duyck stepped down as director. NBB
- Qunova Projects BV stepped down as director. NBB
- Cynthia Cornelissen stepped down as director. NBB
- Adviesbureau Mercurius BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.2 million. Source: NBB ↗
In short
From € 664,655 loss in 2023 to € 1.2 million loss in 2025.
Pays suppliers within 6 days on average.
Management
The stake of IMMO P. en C., Participatiemaatschappij Vlaanderen, Angelwise Beheer, UNITED PARTNERS SERVICES, AFORIS, RVH MANAGEMENT & CONSULTANCY, CUMFIDES MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ANGELWISEThe shares are held by IMMO P. en C. (100%), Participatiemaatschappij Vlaanderen (25.7%), Angelwise Beheer (2.1%), UNITED PARTNERS SERVICES (1%), AFORIS (0.5%) and RVH MANAGEMENT & CONSULTANCY (0.3%). It owns 11.9% of Cikisi, 11.9% of dScribe, 11.9% of Sealution, 10.4% of Authic Labs, 9.7% of Qollabi and 9.3% of Perfect-ID itself.
Directors
According to the 2025 annual accounts
Participatiemaatschappij Vlaanderen NV
Director · represented by Thomas Berger
Also active at: VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK, Arts Gebroeders immobilière, BEDRIJVENCENTRUM VILVOORDE, BIOTECH FONDS VLAANDEREN, MAISON DE LA RADIO FLAGEY, HERTECANT FLANGES, Site-Ontwikkeling Vlaanderen, SUSTAINABLE ENERGY VENTURES +136 more
since 2024 · until 2027
Centrum voor Ondersteuning van digitale Innovatie VZW
Director · represented by Hedwig Vergeylen
since 2021 · until 2027
Managing director · represented by Marc Mommaerts
Also active at: QOLLABI, CIKISI, WATCHERR, PERFECT-ID, ACCURAT, Sealution Group, Pleevi
since 2021 · until 2027
Rik Duyck
Director
Also active at: Touring Club Royal de Belgique - Koninklijke Belgische Touring Club - Köninglicher Belgischer Touring Club - Royal Touring Club Belgium - T.C.B.
since 2021 · until 2027
Director · represented by Jan Vorstermans
Also active at: VINTEOR, Angelwise Beheer, Limecraft, Ark Angels Activator Fund
since 2021 · until 2027
Cynthia Cornelissen
Director
Also active at: Pacauto, CONTIMEX EUROPE, Ronac, GRASP, ASIST, FINPOWER, TALENT PLANET GROUP, ASIST 2.0 +5 more
since 2021 · until 2027
Chairman of the board · represented by Reginald Vossen
since 2021 · until 2027
Shareholders
Participations
11.9%
11.9%
11.9%
Authic Labs
10.4%
9.7%
9.3%
8.5%
8.3%
7.7%
6.6%
5.4%
4.8%
3.9%
3%
Establishments
Establishment units
Physical locations of this company
Hendrik van Veldekesingel 150 box 7
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 52 companies are registered at this address.
All companies at this address →PUTZEYS
€ 83,987 gross margin · 2025
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€ 47,248 gross margin · 2025
Exipnos
€ -29,360 gross margin · 2022
Nationale Belgische Taekwon-do Unie
ALLANTA
€ 1.8 million revenue · 2025
+47 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0778.895.548
- VAT number
- BE 0778.895.548
- Registered office
- Hendrik van Veldekesingel 150 bus 7, 3500 Hasselt
- Names & denominations
- ANGELWISE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2021
- Peppol
- Active · Active since 6 Jan 2026