WBIT
ActiveSummary
WBIT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €181k and a net result of €44k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 30% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability81▼-6
Solvency65▲+11
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.39 in 2023; short-term debt: 22% and cash: 7% of total assets), and 59.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-09-2025, 34 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d late
2023
42 d late
2022
69 d late
2021
96 d late
2020
286 d late
2019
117 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€181k▲ 32.0%
2023 · €137k
2018: €101klowest in 7 years
2019: €113k▲ +11.7% vs 2018
2020: €131k▲ +16.4% vs 2019
2021: €152k▲ +16.2% vs 2020
2022: €109k▼ -28.2% vs 2021
2023: €137k▲ +25.6% vs 2022
2024: €181k▲ +32.0% vs 2023highest in 7 years
2018 → 2024
Total assets
€450k▼ 6.1%
2023 · €480k
2018: €371k
2019: €267k▼ -27.9% vs 2018lowest in 7 years
2020: €269k▲ +0.4% vs 2019
2021: €283k▲ +5.2% vs 2020
2022: €476k▲ +68.4% vs 2021
2023: €480k▲ +0.8% vs 2022highest in 7 years
2024: €450k▼ -6.1% vs 2023
2018 → 2024
Net result
€44k▼ 38.6%
2023 · €71k
2018: €85khighest in 7 years
2019: €37k▼ -56.5% vs 2018
2020: €19k▼ -49.7% vs 2019
2021: €21k▲ +15.0% vs 2020
2022: €2k▼ -90.7% vs 2021lowest in 7 years
2023: €71k▲ +3504% vs 2022
2024: €44k▼ -38.6% vs 2023
2018 → 2024
Working capital
€34k▼ 24.4%
2023 · €45k
2018: €97k
2019: €89k▼ -8.0% vs 2018
2020: €108k▲ +20.9% vs 2019
2021: €113k▲ +5.0% vs 2020highest in 7 years
2022: €50k▼ -55.8% vs 2021
2023: €45k▼ -10.1% vs 2022
2024: €34k▼ -24.4% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€131k-€152k▲ 16.2%€109k▼ 28.2%€137k▲ 25.6%€181k▲ 32.0%
2020: €131k
2021: €152k▲ +16.2% vs 2020
2022: €109k▼ -28.2% vs 2021lowest in 5 years
2023: €137k▲ +25.6% vs 2022
2024: €181k▲ +32.0% vs 2023highest in 5 years
Operating result€22k-€33k▲ 50.9%€14k▼ 58.5%€102k▲ 642%€67k▼ 34.5%
2020: €22k
2021: €33k▲ +50.9% vs 2020
2022: €14k▼ -58.5% vs 2021lowest in 5 years
2023: €102k▲ +642% vs 2022highest in 5 years
2024: €67k▼ -34.5% vs 2023
Net result€19k-€21k▲ 15.0%€2k▼ 90.7%€71k▲ 3,504%€44k▼ 38.6%
2020: €19k
2021: €21k▲ +15.0% vs 2020
2022: €2k▼ -90.7% vs 2021lowest in 5 years
2023: €71k▲ +3504% vs 2022highest in 5 years
2024: €44k▼ -38.6% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 34% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €450k
Fixed assets
€318k ▼ 0.4%
Current assets
€133k ▼ 17.3%
Equity and liabilities €450k
Equity
€181k ▲ 32.0%
Debt
€269k ▼ 21.3%
Debt's share of the balance-sheet total falls from 71.4% to 59.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€86k▼
2023 · €142k
Cash flow
€63k▼
2023 · €111k
Current ratio
1.34▼
2023 · 1.39
Debt to equity
1.49▼
2023 · 2.49
ROE
24.2%▼
2023 · 52.0%
ROA
9.7%▼
2023 · 14.9%
Interest coverage
13.37▼
2023 · 41.22
Debt ≤ 1 year
€99k▼
2023 · €116k
Debt > 1 year
€170k▼
2023 · €227k
Income taxes
€18k▼
2023 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€480k€450k▼
Fixed assets21/28€319k€318k▼
Tangible fixed assets22/27€318k€317k▼
Land and buildings22€251k€243k▼
Plant, machinery and equipment23€18k€17k▼
Furniture and vehicles24€10k€11k▲
Other tangible fixed assets26€37k€44k▲
Assets under construction and advance payments27€1k€1k=
Financial fixed assets28€835€835=
Current assets29/58€161k€133k▼
Amounts receivable after more than one year29€60k€60k=
Other amounts receivable291€60k€60k=
Amounts receivable within one year40/41€26k€30k▲
Trade receivables40€26k€30k▲
Cash at bank and in hand54/58€68k€32k▼
Deferred charges and accrued income490/1€6k€11k▲
Equity and liabilities
Total equity and liabilities10/49€480k€450k▼
Equity10/15€137k€181k▲
Contributions10/11€12k€12k=
Reserves13€125k€169k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€5k€5k=
Distributable reserves133€118k€161k▲
Amounts payable17/49€342k€269k▼
Amounts payable after more than one year17€227k€170k▼
Financial debts170/4€227k€170k▼
Amounts payable within one year42/48€116k€99k▼
Current portion of amounts payable after more than one year42€35k€54k▲
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€32k€33k▲
Taxes450/3€32k€33k▲
Other amounts payable47/48€44k€5k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€19k▼
Other operating charges640/8€2k€8k▲
Gross operating margin9900€144k€94k▼
Operating profit (loss)9901€102k€67k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€100k€62k▼
Income taxes67/77€28k€18k▼
Profit (loss) for the period9904€71k€44k▼
Profit (loss) for the period to be appropriated9905€71k€44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€71k€44k▼
Transfer from equity791/2€43k-
Transfer to equity691/2€71k€44k▼
To other reserves6921€71k€44k▼
Profit to be distributed694/7€43k-
Return on contributions (dividend)694€43k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26k | €28k | €36k | €40k | €19k | ▼ 51.3% |
| Other operating charges640/8 | €5k | €5k | €17k | €2k | €8k | ▲ 248% |
| Gross operating margin9900 | €53k | €66k | €67k | €144k | €94k | ▼ 34.4% |
| Operating profit (loss)9901 | €22k | €33k | €14k | €102k | €67k | ▼ 34.5% |
| Financial income75/76B | €4k | €2k | €1k | €1k | €2k | ▲ 3.2% |
| Recurring financial income75 | €4k | €2k | €1k | €1k | €2k | ▲ 3.2% |
| Financial charges65/66B | €874 | €805 | €5k | €3k | €6k | ▲ 87.4% |
| Recurring financial charges65 | €874 | €805 | €5k | €3k | €6k | ▲ 87.4% |
| Profit (loss) for the period before taxes9903 | €25k | €34k | €10k | €100k | €62k | ▼ 38.1% |
| Income taxes67/77 | €6k | €13k | €8k | €28k | €18k | ▼ 37.1% |
| Profit (loss) for the period9904 | €19k | €21k | €2k | €71k | €44k | ▼ 38.6% |
| Profit (loss) for the period to be appropriated9905 | €19k | €21k | €2k | €71k | €44k | ▼ 38.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €269k | €283k | €476k | €480k | €450k | ▼ 6.1% |
| Fixed assets21/28 | €86k | €93k | €325k | €319k | €318k | ▼ 0.4% |
| Tangible fixed assets22/27 | €86k | €92k | €324k | €318k | €317k | ▼ 0.4% |
| Land and buildings22 | - | - | €259k | €251k | €243k | ▼ 3.2% |
| Plant, machinery and equipment23 | €12k | €9k | €8k | €18k | €17k | ▼ 9.3% |
| Furniture and vehicles24 | €73k | €53k | €30k | €10k | €11k | ▲ 10.1% |
| Other tangible fixed assets26 | - | €18k | €26k | €37k | €44k | ▲ 19.9% |
| Assets under construction and advance payments27 | - | €12k | - | €1k | €1k | = |
| Financial fixed assets28 | €835 | €835 | €835 | €835 | €835 | = |
| Current assets29/58 | €182k | €190k | €151k | €161k | €133k | ▼ 17.3% |
| Amounts receivable after more than one year29 | €150k | €50k | €80k | €60k | €60k | = |
| Other amounts receivable291 | €150k | €50k | €80k | €60k | €60k | = |
| Amounts receivable within one year40/41 | - | €16k | €28k | €26k | €30k | ▲ 16.0% |
| Trade receivables40 | - | €16k | €28k | €26k | €30k | ▲ 16.0% |
| Cash at bank and in hand54/58 | €32k | €121k | €15k | €68k | €32k | ▼ 53.7% |
| Deferred charges and accrued income490/1 | - | €3k | €29k | €6k | €11k | ▲ 72.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €269k | €283k | €476k | €480k | €450k | ▼ 6.1% |
| Equity10/15 | €131k | €152k | €109k | €137k | €181k | ▲ 32.0% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €119k | €140k | €97k | €125k | €169k | ▲ 35.1% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €5k | €5k | €5k | €5k | €5k | = |
| Distributable reserves133 | €111k | €133k | €90k | €118k | €161k | ▲ 37.3% |
| Amounts payable17/49 | €138k | €130k | €367k | €342k | €269k | ▼ 21.3% |
| Amounts payable after more than one year17 | €61k | €49k | €260k | €227k | €170k | ▼ 24.8% |
| Financial debts170/4 | €61k | €49k | €260k | €227k | €170k | ▼ 24.8% |
| Amounts payable within one year42/48 | €75k | €77k | €101k | €116k | €99k | ▼ 14.6% |
| Current portion of amounts payable after more than one year42 | €12k | €12k | €36k | €35k | €54k | ▲ 55.4% |
| Trade debts44 | €4k | €13k | €12k | €6k | €7k | ▲ 17.5% |
| Suppliers440/4 | €4k | €13k | €12k | €6k | €7k | ▲ 17.5% |
| Taxes, remuneration and social security45 | €34k | €51k | €5k | €32k | €33k | ▲ 5.3% |
| Taxes450/3 | €34k | €51k | €5k | €32k | €33k | ▲ 5.3% |
| Other amounts payable47/48 | €25k | €1k | €48k | €44k | €5k | ▼ 88.4% |
| Accrued charges and deferred income492/3 | €2k | €4k | €5k | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €21k | €2k | €71k | €44k | ▼ 38.6% |
| + Depreciation and write-downs630 | €26k | €28k | €36k | €40k | €19k | ▼ 51.3% |
| Operating cash flow (approximation) | €44k | €49k | €38k | €111k | €63k | ▼ 43.1% |
| Investment in fixed assets (approximation) | - | €-35k | €-267k | €-34k | €-18k | ▲ 47.0% |
| Change in cash | - | €89k | €-107k | €53k | €-37k | ▼ 168% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
03-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 34 days late
2024
31-12
Financial
Equity above €150kEq €181k ▲32%
7 profitable years in a row build equity to €181k.
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
2022
31-12
Financial
Weakest financial yearnet €2k ▼90.7%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 96 days late
13-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 286 days late
2021
31-12
Financial
Equity above €150kEq €152k ▲16.2%
4 profitable years in a row build equity to €152k.
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 117 days late
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
16-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 289 days late
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 338 days late
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 183 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Hoegaarden · 1 establishment unit since 2003
Ground area
2,040 m²
Building footprint
309 m²
Volume, LiDAR
1,085 m³
2 parcels, Flanders · tallest building 20.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dorpsstraat 27, 3370 Boutersem
since 20032.114.783.211
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24016B0239/00K000 | Flanders | 1,167 m² | 1 · 120 m² | 10.3 m · 2 fl. |
| 24041B0328/00C002 | Flanders | 872 m² | 1 · 189 m² | 20.6 m |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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N.S.
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KENSO
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YGREX Consulting
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,100 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded03-05-2001
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.