Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 41.9 to 36.7.
-
Figures corrected NBB
Corrected annual account filed for 2024, 2025.
Financials
Financial year 2025
Objectway from Mechelen, company number BE0881564110, closed financial year 2025 with a result of € 16,003 after tax. For that financial year Objectway recorded revenue of € 13.2 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 1.2 million to € 16,003. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 2.1 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,003
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 2.2 million
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 636,966.
People and assets in 2025
36.7
▼ 3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5 million
▼ 10% vs 2024
€ 136,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.6 million
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 69 days on average.
€ 1.3 million
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,022,806 | € 10,818,910 | € 13,744,470 | € 13,243,898 | ▼ 4% |
| Profit after taxes | € 814,981 | € 119,999 | € 1,198,516 | € 16,003 | ▼ 99% |
| Equity | € 2,302,448 | € 2,422,447 | € 2,120,963 | € 2,136,966 | ▲ 1% |
| Total debts | € 6,581,778 | € 6,760,926 | € 6,596,352 | € 4,894,749 | ▼ 26% |
| Cash | € 3,197,589 | € 3,209,657 | € 2,930,495 | € 2,218,235 | ▼ 24% |
| Retained profit | € 802,448 | € 922,447 | € 620,963 | € 636,966 | ▲ 3% |
| Dividend | € 2,000,000 | € 0 | € 1,500,000 | € 0 | ▼ 100% |
| Balance sheet total | € 8,884,226 | € 9,183,373 | € 8,717,315 | € 7,031,715 | ▼ 19% |
| Employees (FTE) | 40.3 | 41.9 | 39.7 | 36.7 | ▼ 3 |
Key figures of Objectway, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Objectway?
What happened at Objectway in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kurt Vanhee stepped down as director. NBB
- David De Mey stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- David De Mey became a director. NBB
- Kurt Vanhee became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 814,981 profit in 2022 to € 16,003 profit in 2025.
Paid € 983,104 in corporate taxes since 2022.
Best year ever: 2024, with € 1.2 million profit.
Paid out € 3.5 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 100% of OBJECTWAY IRELAND LTD itself.
Directors
According to the 2025 annual accounts
David De Mey
Director
since 2024 · until 2026
Kurt Vanhee
Director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Zandvoortstraat 45C
2800 Mechelen
Zandvoortstraat 45 C
2800 Mechelen
Active since 29 June 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Domain
Domain
objectway.com
Registered
1997-08-29
Registrar
Register SPA
Expires
2026-08-28
Website info
Features
Security
Details
- Company number
- 0881.564.110
- VAT number
- BE 0881.564.110
- Registered office
- Zandvoortstraat 45C, 2800 Mechelen
- Names & denominations
- Objectway
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2006
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- objectway.com +3902898001
- Activities · NACE
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