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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.

Comparable companies

These companies have the same main activity as WicaTech: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €6,000 and €8,800, founded between 2024 and 2025.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
WicaTech Kapellen2025€7,502-€543-€3,163--€3,5432025
P-Tech Solutions Brecht2025€6,001€5,017€17-€172025
EML ELECTRICITE Wezembeek-Oppem2025€8,290€4,107€364-€1072025
MB HANNIBAL SERVICES Brussel2025€8,803€165-€1,821--€2,8352025
SRE ELECTRO Asse2025€6,838€2,013€386€25,961€132025
BYK Group Machelen (Brab.)2025€7,265€219-€4,355--€6,7812025
PRO-VOLT Frameries2024€8,624€3,150€395-€1502024

They were chosen from the 10,240 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

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

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

That fits the bankruptcy probability of WicaTech itself: 1.2% within 12 months.

Test of the method

The method was tested on the 497,445 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.

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

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

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.

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

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

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