WIT
ActiveSummary
WIT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.6m and a net result of €203. Equity remains stable across the filed fiscal years (±0% per year). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability38=
Solvency90=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95,000 at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.06 in 2023; short-term debt: 35.1% and cash: 1.2% of total assets), and 35.1% 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
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
64.9%
Return on assets
0%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
12 d early
2022
3 d early
2021
3 d early
2020
2 d early
2019
88 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 9 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€60,000
EBIT margin
68.7%
Net result
€203▼ 58.0%
2023 · €482
Working capital
-€824,046=
2023 · -€824,248
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result€582▼ 98.6%€860▲ 47.8%€902▲ 4.9%€1,414▲ 56.7%€1,030▼ 27.2%
Net result€192▼ 98.8%€271▲ 41.2%€270▼ 0.5%€482▲ 78.5%€203▼ 58.0%
EBIT margin
Equity€1.6m=€1.6m=€1.6m=€1.6m=€1.6m=
Total assets€2.5m▲ 1.7%€2.5m▼ 0.5%€2.5m▼ 0.2%€2.5m▼ 0.3%€2.5m▼ 0.3%
Debt€899,179▲ 4.7%€886,345▼ 1.4%€881,812▼ 0.5%€873,954▼ 0.9%€865,801▼ 0.9%
Working capital-€825,272=-€825,000=-€824,730=-€824,248▲ 0.1%-€824,046=
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 27% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.5m
Fixed assets
€2.4m =
Current assets
€41,755 ▼ 16.0%
Equity and liabilities €2.5m
Equity
€1.6m =
Debt
€865,801 ▼ 0.9%
Debt's share of the balance-sheet total falls from 35.3% to 35.1%. Debt is lower.
Key figures and ratios
Current ratio
0.05▼
2023 · 0.06
Debt to equity
0.54▼
2023 · 0.55
ROE
0.0%▼
2023 · 0.0%
ROA
0.0%▼
2023 · 0.0%
Debt ≤ 1 year
€865,801▼
2023 · €873,954
Income taxes
€76▼
2023 · €215
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €7,775 | €7,738 | €11,314 | €5,848 | ▼ 48.3% |
| Other operating income74 | - | €7,775 | €7,738 | €11,314 | €5,848 | ▼ 48.3% |
| Operating charges60/66A | - | €6,915 | €6,836 | €9,900 | €4,818 | ▼ 51.3% |
| Services and other goods61 | - | €3,733 | €3,891 | €4,671 | €3,851 | ▼ 17.6% |
| Other operating charges640/8 | - | €3,182 | €2,944 | €5,229 | €968 | ▼ 81.5% |
| Operating profit (loss)9901 | €582 | €860 | €902 | €1,414 | €1,030 | ▼ 27.2% |
| Financial charges65/66B | - | €490 | €534 | €717 | €751 | ▲ 4.8% |
| Recurring financial charges65 | €327 | €490 | €534 | €717 | €751 | ▲ 4.8% |
| Debt charges650 | €21 | - | - | - | - | - |
| Other financial charges652/9 | - | €490 | €534 | €717 | €751 | ▲ 4.8% |
| Profit (loss) for the period before taxes9903 | €255 | €370 | €368 | €697 | €278 | ▼ 60.0% |
| Income taxes67/77 | €63 | €99 | €98 | €215 | €76 | ▼ 64.7% |
| Taxes670/3 | - | €99 | €98 | €215 | €76 | ▼ 64.7% |
| Profit (loss) for the period9904 | €192 | €271 | €270 | €482 | €203 | ▼ 58.0% |
| Profit (loss) for the period to be appropriated9905 | €192 | €271 | €270 | €482 | €203 | ▼ 58.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.5m | €2.5m | €2.5m | €2.5m | €2.5m | ▼ 0.3% |
| Fixed assets21/28 | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m | = |
| Financial fixed assets28 | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m | = |
| Affiliated companies280/1 | - | €2.4m | €2.4m | €2.4m | €2.4m | = |
| Participating interests280 | - | €2.4m | €2.4m | €2.4m | €2.4m | = |
| Current assets29/58 | €73,907 | €61,345 | €57,082 | €49,706 | €41,755 | ▼ 16.0% |
| Amounts receivable within one year40/41 | €22,739 | €36,512 | €37,656 | €13,000 | €13,000 | = |
| Other amounts receivable41 | - | €36,512 | €37,656 | €13,000 | €13,000 | = |
| Cash at bank and in hand54/58 | €51,052 | €24,717 | €19,310 | €36,449 | €28,639 | ▼ 21.4% |
| Deferred charges and accrued income490/1 | - | €116 | €116 | €257 | €116 | ▼ 55.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.5m | €2.5m | €2.5m | €2.5m | €2.5m | ▼ 0.3% |
| Equity10/15 | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | = |
| Contributions10/11 | - | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Reserves13 | €450,990 | €451,261 | €451,261 | €451,261 | €451,261 | = |
| Tax-exempt reserves132 | - | €1,372 | €1,372 | €1,372 | €1,372 | = |
| Distributable reserves133 | - | €449,889 | €449,889 | €449,889 | €449,889 | = |
| Profit (loss) carried forward14 | - | - | €270 | €752 | €955 | ▲ 26.9% |
| Amounts payable17/49 | €899,179 | €886,345 | €881,812 | €873,954 | €865,801 | ▼ 0.9% |
| Amounts payable within one year42/48 | €899,179 | €886,345 | €881,812 | €873,954 | €865,801 | ▼ 0.9% |
| Trade debts44 | €11,093 | €5,344 | €6,281 | €5,465 | €3,000 | ▼ 45.1% |
| Suppliers440/4 | - | €5,344 | €6,281 | €5,465 | €3,000 | ▼ 45.1% |
| Taxes, remuneration and social security45 | - | €99 | €98 | €215 | €76 | ▼ 64.7% |
| Taxes450/3 | - | €99 | €98 | €215 | €76 | ▼ 64.7% |
| Other amounts payable47/48 | - | €880,902 | €875,432 | €868,274 | €862,725 | ▼ 0.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €192 | €271 | €270 | €482 | €203 | ▼ 58.0% |
| Operating cash flow (approximation) | €192 | €271 | €270 | €482 | €203 | ▼ 58.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€26,335 | -€5,407 | €17,139 | -€7,810 | ▼ 146% |
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
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €192 ▼98.8%
Net result drops to €192, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 88 days late
2019
31-12
Financial
Highest result since 2018net €16,621 ▲146%
Operating result €41,194, net result €16,621, both a record.
24-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 2 days late
2017
16-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Aarschot · 1 establishment unit since 2004
Ground area
3.4 ha
Building footprint
9,093 m²
Volume, LiDAR
36,594 m³
2 parcels, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WIT
since 20042.143.683.073
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24662F0223/00P000 | Flanders | 1.7 ha | 1 · 6,187 m² | 11.3 m · 2 fl. |
| 24662F0222/00C000 | Flanders | 1.7 ha | 1 · 2,906 m² | - |
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.
Structure & network
Owners and holdings
2 owners · 1 holding · 2 subsidiaries in the treeChain of control
Highest known parent: ELBICON INDUSTRIES. The sources do not say who stands above it.
Owners 2
- ELBICON INDUSTRIESparent99.67%
-
0.33%
Holdings 1
-
100%
All subsidiaries, including indirect ones 2
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
GROUP PASHUYSEN NIEUWLAND 100%1 subsidiary
According to the 2024 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded22-09-2004
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0867624616
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.