Skip to content

WicaTech

Active
Private limited companyfounded 2025active for 1 yearBeukendreef 45, 2950 Kapellen, BelgiumKBO/BCE: BE 1021.948.943

Financials · financial year 2025, micro format

2025 annual accounts filed 4 days after the deadline Filed on 4 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00380224.

Annual accounts 2025 filed on 04-08-2026 at the NBB

Equity
-€543
Total assets
€7,502
Net result
-€3,543
Working capital
-€2,015

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition
Assets €7,502
Fixed assets €1,473
Current assets €6,029
Equity and liabilities
Equity-€543
Debt€8,044
Equity is negative. Debt (€8,044) exceeds the balance-sheet total (€7,502).
Key figures and ratios
2025 value
EBITDA
-€3,163
Cash flow
-€3,215
Solvency
-7.2%
Current ratio
0.75
ROA
-47.2%
Interest coverage
-59.90
Debt
€8,044
Debt ≤ 1 year
€8,044
The equity ratios are withheld because equity of -€543 is too small for a meaningful ratio.

Investments

fixed assets acquired
Item2025
Tangible fixed assets€1,800
Depreciation and write-downs of the year€327

Source: notes to the 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2025 · 1 entry · €345 awarded · €66 paid
Schemes
1 entry · €345 · €66 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 27 lines
Balance sheet Code2025
Assets
Total assets20/58€7,502
Fixed assets21/28€1,473
Tangible fixed assets22/27€1,473
Furniture and vehicles24€1,473
Current assets29/58€6,029
Amounts receivable within one year40/41€2,949
Trade receivables40€2,388
Other amounts receivable41€561
Cash at bank and in hand54/58€3,081
Equity and liabilities
Total equity and liabilities10/49€7,502
Equity10/15-€543
Contributions10/11€3,000
Profit (loss) carried forward14-€3,543
Amounts payable17/49€8,044
Amounts payable within one year42/48€8,044
Trade debts44€279
Suppliers440/4€279
Other amounts payable47/48€7,765
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€327
Gross operating margin9900-€3,163
Operating profit (loss)9901-€3,490
Financial charges65/66B€53
Recurring financial charges65€53
Profit (loss) for the period before taxes9903-€3,543
Profit (loss) for the period9904-€3,543
Profit (loss) for the period to be appropriated9905-€3,543
Appropriation of the result
Profit (loss) to be appropriated9906-€3,543

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 04-08-2026.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€327
Gross operating margin9900-€3,163
Operating profit (loss)9901-€3,490
Financial charges65/66B€53
Recurring financial charges65€53
Profit (loss) for the period before taxes9903-€3,543
Profit (loss) for the period9904-€3,543
Profit (loss) for the period to be appropriated9905-€3,543
Line2025
Assets
Total assets20/58€7,502
Fixed assets21/28€1,473
Tangible fixed assets22/27€1,473
Furniture and vehicles24€1,473
Current assets29/58€6,029
Amounts receivable within one year40/41€2,949
Trade receivables40€2,388
Other amounts receivable41€561
Cash at bank and in hand54/58€3,081
Equity and liabilities
Total equity and liabilities10/49€7,502
Equity10/15-€543
Contributions10/11€3,000
Profit (loss) carried forward14-€3,543
Amounts payable17/49€8,044
Amounts payable within one year42/48€8,044
Trade debts44€279
Suppliers440/4€279
Other amounts payable47/48€7,765
Line2025
Profit (loss) for the period9904-€3,543
+ Depreciation and write-downs630€327
Operating cash flow (approximation)-€3,215

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 1,322 companies had the same profile as WicaTech has now. Two years later, 90.2% were still going and 4.2% had gone bankrupt.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
90.2% was still going
5.5% stopped otherwise
4.2% went bankrupt

That fits the bankruptcy probability of WicaTech itself: 1.2% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,322 companies, not a prediction for WicaTech. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 04-08-2026 2026-00380224 PDF

Next steps