WIT
ActiveSummary
WIT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65,019 and a net result of €13,314. Equity is growing by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 52% of 3507 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▼-1
Solvency77▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 2.04 against 2.23 in 2024; short-term debt: 39.3% and cash: 4.4% of total assets), and 48.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.8%
Return on assets
10.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
32 d early
2024
29 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€65,019▼ 20.4%
2024 · €81,705
Total assets
€125,399▼ 2.9%
2024 · €129,150
Net result
€13,314▼ 10.5%
2024 · €14,878
Working capital
€51,368▼ 0.9%
2024 · €51,817
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€10,889▲ 60.9%€145,352€22,608▼ 84.4%€18,299▼ 19.1%€16,850▼ 7.9%
Net result-€12,368below the sector's middle half▲ 56.7%€119,844above the sector's middle half€17,887within the sector's middle half▼ 85.1%€14,878within the sector's middle half▼ 16.8%€13,314within the sector's middle half▼ 10.5%
Equity-€37,903below the sector's middle half▼ 48.4%€81,941within the sector's middle half€75,828within the sector's middle half▼ 7.5%€81,705within the sector's middle half▲ 7.8%€65,019within the sector's middle half▼ 20.4%
Total assets€120,763within the sector's middle half▲ 9.2%€185,831within the sector's middle half▲ 53.9%€158,515within the sector's middle half▼ 14.7%€129,150within the sector's middle half▼ 18.5%€125,399within the sector's middle half▼ 2.9%
Debt€158,666▲ 16.5%€103,890▼ 34.5%€82,687▼ 20.4%€47,444▼ 42.6%€60,380▲ 27.3%
Working capital-€35,991below the sector's middle half▼ 71.9%€95,044above the sector's middle half€51,127within the sector's middle half▼ 46.2%€51,817within the sector's middle half▲ 1.4%€51,368within the sector's middle half▼ 0.9%
Solvency-31.4%below the sector's middle half▼ 8.3pp44.1%within the sector's middle half▲ 75.5pp47.8%within the sector's middle half▲ 3.7pp63.3%within the sector's middle half▲ 15.4pp51.8%within the sector's middle half▼ 11.4pp
Current ratio0.36below the sector's middle half▼ 0.172.59within the sector's middle half▲ 2.221.66within the sector's middle half▼ 0.932.23within the sector's middle half▲ 0.572.04within the sector's middle half▼ 0.18
Return on assets (ROA)-10.2%below the sector's middle half▲ 15.6pp64.5%above the sector's middle half▲ 74.7pp11.3%within the sector's middle half▼ 53.2pp11.5%within the sector's middle half▲ 0.2pp10.6%within the sector's middle half▼ 0.9pp
Staff (FTE)3.2▲ 129%3.1▼ 3.1%
above
within
below
the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125,399
Fixed assets
€24,741 ▼ 29.5%
Current assets
€100,658 ▲ 7.0%
Equity and liabilities €125,399
Equity
€65,019 ▼ 20.4%
Debt
€60,380 ▲ 27.3%
Debt's share of the balance-sheet total rises from 36.7% to 48.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€30,490▲
2024 · €29,418
Cash flow
€26,953▲
2024 · €25,997
Debt to equity
0.93▲
2024 · 0.58
ROE
20.5%▲
2024 · 18.2%
Interest coverage
20.61▼
2024 · 35.78
Debt ≤ 1 year
€49,290▲
2024 · €42,246
Debt > 1 year
€11,090▲
2024 · €5,198
Income taxes
€4,741▼
2024 · €5,081
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €80,075 | - | - | - | - |
| Remuneration, social security and pensions62 | €75,868 | €70,594 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,939 | €9,461 | €10,422 | €11,119 | €13,639 | ▲ 22.7% |
| Other operating charges640/8 | €1,862 | €1,091 | €1,236 | €1,629 | €1,243 | ▼ 23.7% |
| Non-recurring operating charges66A | €2,775 | - | - | - | - | - |
| Gross operating margin9900 | €93,555 | €226,497 | €34,266 | €31,047 | €31,733 | ▲ 2.2% |
| Operating profit (loss)9901 | -€10,889 | €145,352 | €22,608 | €18,299 | €16,850 | ▼ 7.9% |
| Financial income75/76B | - | €588 | €2,264 | €2,482 | €2,684 | ▲ 8.2% |
| Recurring financial income75 | - | €588 | €2,264 | €2,482 | €2,684 | ▲ 8.2% |
| Financial charges65/66B | €1,320 | €902 | €472 | €822 | €1,479 | ▲ 80.0% |
| Recurring financial charges65 | €1,320 | €902 | €472 | €822 | €1,479 | ▲ 80.0% |
| Profit (loss) for the period before taxes9903 | -€12,209 | €145,038 | €24,399 | €19,958 | €18,055 | ▼ 9.5% |
| Income taxes67/77 | €159 | €25,193 | €6,512 | €5,081 | €4,741 | ▼ 6.7% |
| Profit (loss) for the period9904 | -€12,368 | €119,844 | €17,887 | €14,878 | €13,314 | ▼ 10.5% |
| Profit (loss) for the period to be appropriated9905 | -€12,368 | €119,844 | €17,887 | €14,878 | €13,314 | ▼ 10.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €120,763 | €185,831 | €158,515 | €129,150 | €125,399 | ▼ 2.9% |
| Fixed assets21/28 | €100,466 | €30,832 | €29,450 | €35,087 | €24,741 | ▼ 29.5% |
| Intangible fixed assets21 | €1,957 | - | - | - | - | - |
| Tangible fixed assets22/27 | €98,509 | €30,832 | €24,450 | €29,087 | €18,741 | ▼ 35.6% |
| Land and buildings22 | €24,405 | €967 | €838 | €3,102 | €2,712 | ▼ 12.6% |
| Plant, machinery and equipment23 | €3,731 | €291 | €874 | €1,670 | €1,831 | ▲ 9.6% |
| Furniture and vehicles24 | €70,373 | €29,574 | €22,738 | €24,314 | €14,198 | ▼ 41.6% |
| Financial fixed assets28 | - | - | €5,000 | €6,000 | €6,000 | = |
| Current assets29/58 | €20,297 | €154,999 | €129,065 | €94,063 | €100,658 | ▲ 7.0% |
| Amounts receivable after more than one year29 | - | €80,000 | €50,000 | €50,000 | €50,000 | = |
| Other amounts receivable291 | - | €80,000 | €50,000 | €50,000 | €50,000 | = |
| Amounts receivable within one year40/41 | €19,317 | €23,875 | €32,744 | €40,602 | €45,126 | ▲ 11.1% |
| Trade receivables40 | €19,317 | €23,875 | €16 | - | - | - |
| Other amounts receivable41 | - | - | €32,729 | €40,602 | €45,126 | ▲ 11.1% |
| Cash at bank and in hand54/58 | - | €51,124 | €46,032 | €2,144 | €5,532 | ▲ 158% |
| Deferred charges and accrued income490/1 | €980 | - | €289 | €1,317 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €120,763 | €185,831 | €158,515 | €129,150 | €125,399 | ▼ 2.9% |
| Equity10/15 | -€37,903 | €81,941 | €75,828 | €81,705 | €65,019 | ▼ 20.4% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€40,903 | €78,941 | €72,828 | €78,705 | €62,019 | ▼ 21.2% |
| Amounts payable17/49 | €158,666 | €103,890 | €82,687 | €47,444 | €60,380 | ▲ 27.3% |
| Amounts payable after more than one year17 | €102,378 | €43,936 | €4,749 | €5,198 | €11,090 | ▲ 113% |
| Financial debts170/4 | €102,378 | €43,936 | €4,749 | €5,198 | €11,090 | ▲ 113% |
| Amounts payable within one year42/48 | €56,288 | €59,955 | €77,938 | €42,246 | €49,290 | ▲ 16.7% |
| Current portion of amounts payable after more than one year42 | €16,302 | €14,467 | €6,785 | €7,419 | €7,317 | ▼ 1.4% |
| Financial debts43 | €2,562 | - | - | €5,000 | €1,682 | ▼ 66.4% |
| Credit institutions430/8 | €2,562 | - | - | €5,000 | €1,682 | ▼ 66.4% |
| Trade debts44 | €9,176 | €4,802 | €8,587 | €9,489 | €4,923 | ▼ 48.1% |
| Suppliers440/4 | €9,176 | €4,802 | €8,587 | €9,489 | €4,923 | ▼ 48.1% |
| Advances received on contracts in progress46 | - | €998 | - | - | - | - |
| Taxes, remuneration and social security45 | €28,248 | €39,688 | €38,566 | €11,338 | €5,368 | ▼ 52.7% |
| Taxes450/3 | €8,850 | €37,880 | €36,561 | €9,278 | €3,162 | ▼ 65.9% |
| Remuneration and social security454/9 | €19,398 | €1,808 | €2,005 | €2,060 | €2,206 | ▲ 7.1% |
| Other amounts payable47/48 | - | - | €24,000 | €9,000 | €30,000 | ▲ 233% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,368 | €119,844 | €17,887 | €14,878 | €13,314 | ▼ 10.5% |
| + Depreciation and write-downs630 | €23,939 | €9,461 | €10,422 | €11,119 | €13,639 | ▲ 22.7% |
| Operating cash flow (approximation) | €11,571 | €129,305 | €28,309 | €25,997 | €26,953 | ▲ 3.7% |
| Investment in fixed assets (approximation) | - | €60,173 | -€9,039 | -€16,756 | -€3,294 | ▲ 80.3% |
| Change in cash | - | - | -€5,092 | -€43,888 | €3,388 | ▲ 108% |
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
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €119,844
Net result €119,844 after 2 loss-making years.
31-12
Financial
Liquidity times 7current ratio 2.59
Current ratio from 0.36 to 2.59.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Damme · 1 establishment unit since 2020
Ground area
1,274 m²
Building footprint
249 m²
Volume, LiDAR
1,143 m³
Parcel 31010A0286/00A000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
WIT
since 20202.300.208.213
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31010A0286/00A000 | Flanders | 1,274 m² | 1 · 249 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
16.67%
According to the 2025 annual accounts of WIT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 188 EUR awarded · 188 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 188 EUR | 188 EUR |
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Of 14,138 companies in sector 74201 we hold annual accounts for 2,616. 2,123 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
Founded06-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
74201Photography, excluding press photography
02100Forestry and logging
47690Retail sale of other cultural and recreation goods
47761Retail sale of flowers, plants, seeds and fertilisers
62100Computer programming
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
73110Advertising agencies
74120Graphic design and visual communication
74202Other professional, scientific and technical activities
81300Landscape service activities
85599Other education
90201Performing arts by independent artists
90111Literary creation
Contact
Website
www.wit.be
E-mail
jurgen@wit.be
Phone
0486449532
E-mail
info@wit.beDamme
Phone
+32486449532Damme
E-invoicing
Reachable via Peppol
Peppol ID
0208:0743374049
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.