W.T.O.
ActiveW.T.O. has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.09M and a net result of €117k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 93% of 54 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2026
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability64▲+22
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 10.14 against 7.74 in 2025; short-term debt: 0.6% and cash: 0.9% of total assets), and 0.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
99.4%
Return on assets
10.7%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 12-06-2026, 141 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
141 d early
2025
114 d early
2024
127 d early
2023
146 d early
2022
98 d early
2021
26 d early
2020
144 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, abbreviated schema
Equity
€1.09M▲ 1.6%
2025 · €1.07M
2019: €1.35M
2020: €1.17M
2021: €842k
2022: €860k
2023: €883k
2024: €1.05M
2025: €1.07M
2019 → 2026
Total assets
€1.10M▲ 1.6%
2025 · €1.08M
2019: €1.51M
2020: €1.46M
2021: €1.09M
2022: €1.07M
2023: €1.04M
2024: €1.07M
2025: €1.08M
2019 → 2026
Net result
€117k▲ 534%
2025 · €18k
2019: €172k
2020: €1.06M
2021: €26k
2022: €167k
2023: €144k
2024: €290k
2025: €18k
2019 → 2026
Working capital
€64k▲ 36.4%
2025 · €47k
2019: €341k
2020: €141k
2021: €-183k
2022: €-165k
2023: €-142k
2024: €29k
2025: €47k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€860k-€883k▲ 2.8%€1.05M▲ 19.3%€1.07M▲ 1.8%€1.09M▲ 1.6%
Operating result€24k-€32k▲ 36.9%€26k▼ 20.6%€25k▼ 1.7%€23k▼ 6.9%
Net result€167k-€144k▼ 14.2%€290k▲ 102%€18k▼ 93.6%€117k▲ 534%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2026 is 7% below 2025 and is the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.10M
Fixed assets
€1.02M=
Current assets
€71k▲ 31.7%
Equity and liabilities €1.10M
Equity
€1.09M▲ 1.6%
Debt
€7k▲ 0.5%
The debt ratio stays at 0.6%.
Key figures and ratios
Solvency
99.4%=
2025 · 99.4%
Current ratio
10.14▲
2025 · 7.74
Quick ratio
10.14▲
2025 · 7.74
Debt / equity
0.01▼
2025 · 0.01
ROE
10.8%▲
2025 · 1.7%
ROA
10.7%▲
2025 · 1.7%
Debt
€7k▲
2025 · €7k
Debt ≤ 1 year
€7k▲
2025 · €7k
Income taxes
€6k▼
2025 · €7k
Staff costs
€31k▲
2025 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€1.08M€1.10M▲
Fixed assets21/28€1.02M€1.02M=
Financial fixed assets28€1.02M€1.02M=
Current assets29/58€54k€71k▲
Amounts receivable within one year40/41€43k€61k▲
Trade receivables40€42k€61k▲
Other amounts receivable41€845€861▲
Cash at bank and in hand54/58€11k€10k▼
Deferred charges and accrued income490/1€127€128▲
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.10M▲
Equity10/15€1.07M€1.09M▲
Contributions10/11€71k€71k=
Capital10€70k€70k=
Issued capital100€70k€70k=
Outside capital11€1k€1k=
Other1109/19€1k€1k=
Reserves13€1.00M€1.02M▲
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Tax-exempt reserves132€21k€21k=
Distributable reserves133€973k€990k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€7k€7k▲
Amounts payable within one year42/48€7k€7k▲
Trade debts44€283€450▲
Suppliers440/4€283€450▲
Taxes, remuneration and social security45€7k€7k▼
Taxes450/3€4k€4k▼
Remuneration and social security454/9€2k€2k▲
Income statement
Code20252026
Remuneration, social security and pensions62€30k€31k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€56k€55k▼
Operating profit (loss)9901€25k€23k▼
Financial income75/76B€0€100k▲
Recurring financial income75€0€100k▲
Financial charges65/66B€218€207▼
Recurring financial charges65€218€207▼
Profit (loss) for the period before taxes9903€25k€123k▲
Income taxes67/77€7k€6k▼
Profit (loss) for the period9904€18k€117k▲
Profit (loss) for the period to be appropriated9905€18k€117k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€117k▲
Transfer from equity791/2€0€100k▲
Transfer to equity691/2€18k€117k▲
To other reserves6921€18k€117k▲
Profit to be distributed694/7€0€100k▲
Return on contributions (dividend)694€0€100k▲
Social balance
Average headcount (FTE)90870.80.8=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet €18k ▼93.6%
Net result drops to €18k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity triplescurrent ratio 7.74
Current ratio from 3.04 to 7.74; short-term debt falls from €14k to €7k.
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Liquidity times 25current ratio 3.04
Current ratio from 0.12 to 3.04; short-term debt falls from €161k to €14k.
31-03
Financial
Equity above €1MEq €1.05M ▲19.3%
6 profitable years in a row build equity to €1.05M.
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
05-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Highest result since 2019net €1.06M ▲516%
Operating result €84k, net result €1.06M, both a record.
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Izegem · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zevekotestraat 328870 IzegemGround area
1,602 m²
Building footprint
238 m²
Volume, LiDAR
1,096 m³
Parcel 36493B0314/00P000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
W.T.O. NV
since 19912.051.821.501
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36493B0314/00P000 | Flanders | 1,602 m² | 1 · 238 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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TN TRANS
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PAUL CLAES
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Of 12,603 companies in sector 49410 we hold annual accounts for 8,194. 4,000 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-01-1991
Fiscal year end31-03
Activities, NACEBEL
49410Freight transport by road
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.