WEBIT
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-04-2026 PDF all 48 filings
Turnover
≈ €1.4m
Estimated: probably between €870,000 and €2.3m
Total assets
€189,394▼ 23.6%
2024 · €247,862
Net result
€10,066▲ 106%
2024 · €4,878
Working capital
€53,156▲ 37.6%
2024 · €38,620
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€12,342
▲ 7.3%
2025
20192025
Net result
€10,066
▲ 106%
2025
middle half of the sector
20192025
Equity
€89,892
▲ 12.6%
2025
middle half of the sector
20192025
Total assets
€189,394
▼ 23.6%
2025
lowest quarter of the sector
20192025
Debt
€99,502
▼ 40.8%
2025
20192025
Working capital
€53,156
▲ 37.6%
2025
middle half of the sector
20192025
Solvency
47.5%
▲ 15.3pp
2025
middle half of the sector
20192025
Current ratio
1.54
▲ 0.31
2025
middle half of the sector
20192025
Return on assets (ROA)
5.3%
▲ 3.3pp
2025
middle half of the sector
20192025
Staff (FTE)
4
▼ 7.0%
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€31,083-€8,875▼ 71.4%€9,811▲ 10.5%€7,220▼ 26.4%€8,352▲ 15.7%€11,507▲ 37.8%€12,342▲ 7.3%
Net result€20,890-€4,468within the sector's middle half▼ 78.6%€6,305below the sector's middle half▲ 41.1%€3,013below the sector's middle half▼ 52.2%€3,738within the sector's middle half▲ 24.1%€4,878within the sector's middle half▲ 30.5%€10,066within the sector's middle half▲ 106%
Equity€57,426-€61,894below the sector's middle half▲ 7.8%€68,199below the sector's middle half▲ 10.2%€71,211below the sector's middle half▲ 4.4%€74,949below the sector's middle half▲ 5.2%€79,827below the sector's middle half▲ 6.5%€89,892within the sector's middle half▲ 12.6%
Total assets€257,625-€103,087below the sector's middle half▼ 60.0%€101,668below the sector's middle half▼ 1.4%€118,637below the sector's middle half▲ 16.7%€143,313below the sector's middle half▲ 20.8%€247,862below the sector's middle half▲ 73.0%€189,394below the sector's middle half▼ 23.6%
Debt€200,199-€41,194▼ 79.4%€33,469▼ 18.8%€47,425▲ 41.7%€68,364▲ 44.2%€168,035▲ 146%€99,502▼ 40.8%
Working capital€77,209-€54,218within the sector's middle half▼ 29.8%€67,398within the sector's middle half▲ 24.3%€64,641within the sector's middle half▼ 4.1%€70,923within the sector's middle half▲ 9.7%€38,620below the sector's middle half▼ 45.5%€53,156within the sector's middle half▲ 37.6%
Solvency22.3%-60.0%within the sector's middle half▲ 37.7pp67.1%above the sector's middle half▲ 7.0pp60.0%within the sector's middle half▼ 7.1pp52.3%within the sector's middle half▼ 7.7pp32.2%within the sector's middle half▼ 20.1pp47.5%within the sector's middle half▲ 15.3pp
Current ratio1.47-2.40within the sector's middle half▲ 0.933.83above the sector's middle half▲ 1.432.41within the sector's middle half▼ 1.422.07within the sector's middle half▼ 0.341.23within the sector's middle half▼ 0.841.54within the sector's middle half▲ 0.31
Return on assets (ROA)8.1%-4.3%within the sector's middle half▼ 3.8pp6.2%within the sector's middle half▲ 1.9pp2.5%within the sector's middle half▼ 3.7pp2.6%within the sector's middle half▲ 0.1pp2.0%within the sector's middle half▼ 0.6pp5.3%within the sector's middle half▲ 3.3pp
Staff (FTE)2.3-3.1within the sector's middle half▲ 34.8%2.2within the sector's middle half▼ 29.0%2.9within the sector's middle half▲ 31.8%3within the sector's middle half▲ 3.4%4.3within the sector's middle half▲ 43.3%4within the sector's middle half▼ 7.0%
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 7% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €189,394
Fixed assets
€37,986 ▼ 7.8%
Current assets
€151,409 ▼ 26.7%
Equity and liabilities €189,394
Equity
€89,892 ▲ 12.6%
Debt
€99,502 ▼ 40.8%
Debt's share of the balance-sheet total falls from 67.8% to 52.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18,815▲
2024 · €15,464
Cash flow
€16,539▲
2024 · €8,835
Debt to equity
1.11▼
2024 · 2.10
ROE
11.2%▲
2024 · 6.1%
Interest coverage
7.45▲
2024 · 5.24
Debt ≤ 1 year
€98,253▼
2024 · €168,035
Income taxes
€15▼
2024 · €3,764
Staff costs
€242,728▲
2024 · €219,600
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 3 | 4 | 5 | 4 |
| full-time | 1 | 3 | 3 | 5 | 4 |
| part-time | - | 0 | 1 | 0 | - |
| in full-time equivalents | 1 | 3 | 3.6 | 5 | 4 |
| Average over the year, in full-time equivalents | 2.2 | 2.9 | 3 | 4.3 | 4 |
| On a permanent contract | 1 | 3 | 4 | 5 | 4 |
| Joined | 2 | 1 | 2 | 2 | 1 |
| Left | 3 | 0 | 1 | 1 | 0 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,591 | €2,462 | €7,826 | €31,725 | €3,253 |
| Financial fixed assets | €500 | - | - | €7,313 | - |
| Depreciation and write-downs of the year | €3,800 | €4,693 | €4,519 | €3,957 | €6,473 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 to 2025 · 2 entries · €21,409 awarded · €21,409 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €14,989 | €14,989 |
| 2024 | 1 | €6,420 | €6,420 |
Schemes
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €500 | €3,432 | €0 | €2,506 | - |
| Remuneration, social security and pensions62 | - | - | €85,326 | €107,444 | €153,666 | €219,600 | €242,728 | ▲ 10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,996 | €2,389 | €3,800 | €4,693 | €4,519 | €3,957 | €6,473 | ▲ 63.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €1,760 | €5,653 | €729 | €3,210 | €6,295 | ▲ 96.1% |
| Other operating charges640/8 | - | - | €1,058 | €938 | €1,081 | €824 | €1,831 | ▲ 122% |
| Gross operating margin9900 | €145,751 | €148,297 | €101,755 | €125,949 | €168,347 | €239,097 | €269,669 | ▲ 12.8% |
| Operating profit (loss)9901 | €31,083 | €8,875 | €9,811 | €7,220 | €8,352 | €11,507 | €12,342 | ▲ 7.3% |
| Financial income75/76B | - | - | €16 | €71 | €200 | €84 | €262 | ▲ 213% |
| Recurring financial income75 | €1,394 | €215 | €16 | €71 | €200 | €84 | €262 | ▲ 213% |
| Financial charges65/66B | - | - | €476 | €695 | €1,379 | €2,949 | €2,524 | ▼ 14.4% |
| Recurring financial charges65 | €1,401 | €691 | €476 | €695 | €1,379 | €2,949 | €2,524 | ▼ 14.4% |
| Profit (loss) for the period before taxes9903 | €31,075 | €8,399 | €9,351 | €6,596 | €7,173 | €8,642 | €10,080 | ▲ 16.6% |
| Income taxes67/77 | €10,185 | €3,931 | €3,046 | €3,583 | €3,435 | €3,764 | €15 | ▼ 99.6% |
| Profit (loss) for the period9904 | €20,890 | €4,468 | €6,305 | €3,013 | €3,738 | €4,878 | €10,066 | ▲ 106% |
| Profit (loss) for the period to be appropriated9905 | €20,890 | €4,468 | €6,305 | €3,013 | €3,738 | €4,878 | €10,066 | ▲ 106% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €257,625 | €103,087 | €101,668 | €118,637 | €143,313 | €247,862 | €189,394 | ▼ 23.6% |
| Fixed assets21/28 | €15,192 | €10,203 | €10,493 | €8,262 | €6,126 | €41,207 | €37,986 | ▼ 7.8% |
| Tangible fixed assets22/27 | €9,587 | €10,203 | €9,993 | €7,762 | €5,626 | €33,394 | €30,173 | ▼ 9.6% |
| Plant, machinery and equipment23 | - | - | €6,581 | €5,153 | €3,820 | €5,412 | €5,711 | ▲ 5.5% |
| Furniture and vehicles24 | - | - | €3,412 | €2,609 | €1,806 | €3,484 | €2,422 | ▼ 30.5% |
| Other tangible fixed assets26 | - | - | - | - | - | €24,498 | €22,040 | ▼ 10.0% |
| Financial fixed assets28 | €5,605 | - | €500 | €500 | €500 | €7,813 | €7,813 | = |
| Current assets29/58 | €242,433 | €92,884 | €91,174 | €110,375 | €137,187 | €206,656 | €151,409 | ▼ 26.7% |
| Amounts receivable within one year40/41 | €128,544 | €86,507 | €76,527 | €79,040 | €107,770 | €107,019 | €114,651 | ▲ 7.1% |
| Trade receivables40 | - | - | €57,203 | €78,311 | €104,324 | €105,918 | €105,179 | ▼ 0.7% |
| Other amounts receivable41 | - | - | €19,325 | €729 | €3,446 | €1,101 | €9,472 | ▲ 760% |
| Cash at bank and in hand54/58 | €99,806 | €908 | €7,166 | €23,428 | €25,254 | €91,104 | €17,848 | ▼ 80.4% |
| Deferred charges and accrued income490/1 | - | - | €7,481 | €7,906 | €4,164 | €8,533 | €18,910 | ▲ 122% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €257,625 | €103,087 | €101,668 | €118,637 | €143,313 | €247,862 | €189,394 | ▼ 23.6% |
| Equity10/15 | €57,426 | €61,894 | €68,199 | €71,211 | €74,949 | €79,827 | €89,892 | ▲ 12.6% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €3,099 | €3,099 | €3,099 | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Non-distributable reserves130/1 | - | - | €3,099 | €3,099 | €3,099 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | €3,099 | €3,099 | €3,099 | €0 | - | - |
| Distributable reserves133 | - | - | - | - | - | €3,099 | €3,099 | = |
| Profit (loss) carried forward14 | €35,727 | €40,195 | €46,500 | €49,513 | €53,251 | €58,128 | €68,194 | ▲ 17.3% |
| Amounts payable17/49 | €200,199 | €41,194 | €33,469 | €47,425 | €68,364 | €168,035 | €99,502 | ▼ 40.8% |
| Amounts payable within one year42/48 | €165,224 | €38,666 | €23,776 | €45,734 | €66,265 | €168,035 | €98,253 | ▼ 41.5% |
| Trade debts44 | €111,688 | €2,996 | €6,701 | €25,278 | €31,445 | €118,120 | €54,457 | ▼ 53.9% |
| Suppliers440/4 | - | - | €6,701 | €25,278 | €31,445 | €118,120 | €54,457 | ▼ 53.9% |
| Advances received on contracts in progress46 | - | - | €1,366 | €980 | €1,404 | €1,404 | €8,188 | ▲ 483% |
| Taxes, remuneration and social security45 | - | - | €15,710 | €18,987 | €32,927 | €48,022 | €34,776 | ▼ 27.6% |
| Taxes450/3 | - | - | €4,714 | €1,256 | €1,234 | €2,391 | €1,656 | ▼ 30.7% |
| Remuneration and social security454/9 | - | - | €10,996 | €17,730 | €31,694 | €45,631 | €33,120 | ▼ 27.4% |
| Other amounts payable47/48 | - | - | - | €489 | €489 | €489 | €831 | ▲ 69.8% |
| Accrued charges and deferred income492/3 | - | - | €9,692 | €1,692 | €2,099 | €0 | €1,249 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,890 | €4,468 | €6,305 | €3,013 | €3,738 | €4,878 | €10,066 | ▲ 106% |
| + Depreciation and write-downs630 | €3,996 | €2,389 | €3,800 | €4,693 | €4,519 | €3,957 | €6,473 | ▲ 63.6% |
| Operating cash flow (approximation) | €24,886 | €6,857 | €10,105 | €7,706 | €8,257 | €8,835 | €16,539 | ▲ 87.2% |
| Investment in fixed assets (approximation) | - | €2,600 | -€4,091 | -€2,462 | -€2,382 | -€39,038 | -€3,253 | ▲ 91.7% |
| Change in cash | - | -€98,898 | €6,258 | €16,262 | €1,826 | €65,850 | -€73,257 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as WEBIT has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
93.5%
was still going
5.9%
stopped otherwise
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of WEBIT itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for WEBIT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 48 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 30-04-2026 | 2026-00096059 | |
| 30-09-2024 | abbreviated format | 30-04-2025 | 2025-00089381 | |
| 30-09-2023 | abbreviated format | 07-05-2024 | 2024-00084239 | |
| 30-09-2022 | abbreviated format | 28-04-2023 | 2023-00073838 | |
| 30-09-2021 | abbreviated format | 29-04-2022 | 2022-20013224 | |
| 30-09-2020 | abbreviated format | 26-04-2021 | 2021-11100307 | |
| 30-09-2019 | abbreviated format | 30-03-2020 | 2020-07700490 | |
| 30-09-2018 | abbreviated format | 29-03-2019 | 2019-08100444 | |
| 30-09-2017 | abbreviated format | 09-04-2018 | 2018-09200586 | |
| 30-09-2016 | abbreviated format | 29-03-2017 | 2017-07400542 |