Skip to content

WITCO

Active Private limited companyfounded 2024active for 2 yearsTijkstraat 58, 2360 Oud-TurnhoutKBO/BCE: BE 1010.778.404

Overview

Lifetime

2 annual accounts with figures on one time axis
peak €136,355 (2025)
€136,355▲ 185%
peak €104,398 (2025)
€104,398▲ 181%
peak €145,669 (2025)
€145,669▲ 253%
€44,577▲ 59.9%
Board1 name since 2024
Documentsfilings and deeds
01-06-202660 days before the deadline
2025micro format
Gross margin from €47,883 to €136,355Result from €37,129 to €104,398Equity from €41,270 to €145,669Debts from €27,882 to €44,577Cash from €17,994 to €141,208

Key points

from the 2025 annual accounts

Result

€104,398 ▲ 181%
€37,1002024€104,0002025

The result rose in 2025 from €37,129 to €104,398.

Liquidity

4.27 was 2.48 in 2024

Short-term debts rose from €27,882 to €44,577.

Position in the sector

€104,398

Higher net result than 93% of companies in computer programming and consultancy. Sector median €28,568 · 21,214 companies.

Checked score

98
Excellent
Financially stronger than 86% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 07-2025: < 0.1% 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100+15equity 76.6% of total assets
92+28short-term debt 23.4% · cash 74.2%
100=return on assets 54.9%

Score breakdown

lowers risk
Liquidity: current ratio 4.27, cash €141,208
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €190,246
Equity €145,669 (76.6% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 85% of them on solvency, 79% on liquidity, 82% on profitability and 96% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as WITCO has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of WITCO itself is lower: < 0.1% within 12 months. It rests on far more data about WITCO than the profile alone.

Test of the method

The method was tested on the 497,447 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 39,278 companies, not a prediction for WITCO. 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.

Credit verdict

Credit of up to €14,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record

Liquidity is ample, with a current ratio of 4.27 (2.48 in 2024), above the usual 1.5. Short-term debt is 23.4% and cash 74.2% of total assets. 23.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.27, cash €141,208
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €190,246
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €145,669 (76.6% of total assets)
NBB · annual accounts
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
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 01-06-2026, 60 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
60 days early
2024
98 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 79 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

WJ
Director, since 26-06-2024
  • WITVROUWEN,Jan Julia Albert 100 sharesdeed of 28-06-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1010778404
Incorporation Founding capital of €5,000, 100 shares · Founder: WITVROUWEN, Jan Julia Albert · Appointment: WITVROUWEN, Jan Julia Albert (director) · published on 28-06-2024 · Gazette deed
First establishment Tijkstraat 58, Oud-Turnhout
All 6 events

Comparable companies

same main activity, similar in size and age
Company
WITCO Oud-Turnhout €190,246 €136,355 76.6% -
Erebor Ventures Antwerp €171,584 €130,092 78.8% -
Evolanta Meerhout €168,090 €124,270 78.8% -
Hercolink Willebroek €197,241 €123,614 79.4% -
RedPanda Sint-Truiden €185,492 €131,144 79.5% -
PERRIN CONSULTING Liège €175,926 €134,021 54.8% -
Simon Alen Consulting Scherpenheuvel-Zichem €199,373 €127,537 75.5% -

These companies have the same main activity as WITCO: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €168,000 and €199,000, founded in 2024.

Official details

Source: KBO
Status
Active since 26-06-2024Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 2 others
Establishment unit
2.361.411.2532360 Oud-Turnhout, since 26-06-2024
Financial year end
31 December
Peppol
Reachable since 07-06-2025
Company details

Annual accounts 2025

€136,355▲ 185%
≈ €210,000estimated
€104,398▲ 181%
€145,669▲ 253%
€190,246▲ 175%
Filing
Filed on 01-06-2026, 60 days before the end of the filing period
Financials

Insights on WITCO

WITCO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €145,669 and a net result of €104,398.

Its solvency ranks better than 70% of 21,208 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 01-06-2026, 60 days before the deadline
€136,355
▲ 185%
€135,769
▲ 188%
€104,398
▲ 181%
€145,669
▲ 253%
76.6%
▲ 16.9 percentage points
4.27
▲ 1.79

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €210,000. Estimated: probably between €190,000 and €260,000.

Balance sheet

balance sheet total €190,246 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

76.6%

Higher than 70% of 21,208 companies in 2025.

4.27

Higher than 70% of 20,571 companies in 2025.

54.9%

Higher than 88% of 20,746 companies in 2025.

WITCO Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024
Balance sheet: assets
20/58 190,24669,153
29/58 190,24669,153
40/41 40,65639,979
40 40,65639,979
54/58 141,20817,994
490/1 8,38111,180
Balance sheet: equity and liabilities
10/49 190,24669,153
10/15 145,66941,270
10/11 5,0005,000
13 140,66936,270
133 140,66936,270
14 00
17/49 44,57727,882
42/48 44,57727,882
44 2,3944,427
440/4 2,3944,427
45 40,32620,684
450/3 40,32620,684
47/48 1,8572,771
Income statement
9900 136,35547,883
640/8 585815
9901 135,76947,068
65/66B 2,385461
65 2,385461
9903 133,38446,608
67/77 28,9869,478
9904 104,39837,129
9905 104,39837,129
Appropriation of the result
9906 104,39837,129
691/2 104,39836,270
6921 104,39836,270
694/7 0859
694 0859
Document PDFPDF

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 01-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 01-06-2026 2026-00129214 PDF
31-12-2024 micro format 24-04-2025 2025-00074268 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024
123,214-
145,66941,270
76.6%59.7%
4.272.48
0.310.68
71.7%90.0%
54.9%53.7%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on WITCO

The operating result for 2025 is 188% higher than in 2024.

Debt's share of the balance-sheet total falls from 40.3% to 23.4%. Equity and debt are higher.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 26-06-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 01-06-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Iedere bestuurder kan bijzondere machten toekennen aan elke mandataris. Alle akten die de vennootschap verbinden, in en buiten rechte, zijn…”
deed of 28-06-2024

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
WITVROUWEN,Jan Julia Albert
Director (not named in the articles)
Board
Mandates as a list
  • WITVROUWEN,Jan Julia Albert
    • Director (not named in the articles), from 26-06-2024 to date

See the board, name and registered office on a given date →

Control

This company
WITCO
Equity €145,669
Profit €104,398 in 2025

Capital

Contribution
€5,000
Shares
100
Contribution per share
€50
Equity per share
€1,457 in 2025
Source
deed of 28-06-2024

Articles of association

deed of 28-06-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Niet-statutaire bestuurders, herroepbaar ad nutum bij besluit algemene vergadering”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 20:00

Shareholders

At incorporation deed of 28-06-2024 ↗

Network & group

No group

WITCO has no parent and no holdings in its annual accounts. WITVROUWEN,Jan Julia Albert is the only director.

Earlier ties

HYPERTRAIL
via WITVROUWEN,Jan Julia Albert, no longer at HYPERTRAIL · Manager (not named in the articles) · deed of 20-02-2018
No longer active
total assets €30,143 (2024)

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

6 events since 2024

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 60 days before the deadline
2025
Equity above €100,000 equity €145,669 ▲253% With a profit in every financial year since 2024, equity grows to €145,669.
Registered in the Peppol Directory Reachable for e-invoices through 0208:1010778404
Annual accounts 2024 filed NBBmicro format · 98 days before the deadline
2024
IncorporationFounding capital of €5,000, 100 shares · Founder: WITVROUWEN, Jan Julia Albert · Appointment: WITVROUWEN, Jan Julia Albert (director) · published on 28-06-20243 points ▸

Open the deed in the Belgian Official Gazette

First establishment Tijkstraat 58, Oud-Turnhout

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 26 June 2024, WITCO was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 WITVROUWEN,Jan Julia Albert has served as director since 2024.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-06-2024
  3. 3National Bank, annual accounts 2025

Company details

Identity

Enterprise number
1010.778.404
VAT number
BE 1010.778.404
Peppol ID
0208:1010778404
Other Peppol ID
9925:BE1010778404
Legal form
Private limited company
Status
Active, normal situation
Founded
26-06-2024
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 20:00
deed of 28-06-2024 (in Dutch)
Peppol
Reachable since 07-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
WITCO in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-06-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Tijkstraat 58, 2360 Oud-Turnhout”
deed of 28-06-2024 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
62020 IT consultancy main activity
62010 Computer programming, consultancy and related activities
62090 Computer programming, consultancy and related activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Ontwerpen en programmeren van computerprogramma’s; Computerconsultancyactiviteiten; Digital consultancy; Overige uitgeverijen van software…”
29 activities
  1. Ontwerpen en programmeren van computerprogramma’s.
  2. Computerconsultancyactiviteiten.
  3. Digital consultancy.
  4. Overige uitgeverijen van software.
  5. Verlenen van advies aan gebruikers over soorten computers (hardware) en hun configuratie en de toepassing van bijbehorende programmatuur (software).
  6. Activiteiten van systeemintegrators.
  7. Gegevensverwerking,webhosting en aanverwante activiteiten.
  8. Al dan niet permanent verwerken van gegevens met behulp van een eigen programma of een programma van de klant.
  9. Invoeren en volledige verwerking van gegevens.
  10. Permanent beheren van en werken met de gegevensverwerkende apparatuur van derden.
  11. Ontwerpen en voeren van reclame- en promotiecampagnes voor derden via verschillende media.
  12. Ontwerpen van publicitaire teksten en slogans (copywriters).
  13. Ontwerpen van publicitaire artikelen.
  14. Verhuur van standaardprogrammatuur.
  15. Overige vormen van onderwijs.
  16. Managementactiviteiten van holdings: tussenkomen in het dagelijks bestuur,het vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal,enzovoort.
  17. Andere managementactiviteiten.
  18. Op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven uit verscheidene economische sectoren.
  19. Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enzovoort.
  20. Adviesbureaus op het gebied van bedrijfsvoering en beheer.
  21. Het verlenen van advies en praktische hulp aan de bedrijven in verband met public relations en communicatie; arbitrage en bemiddeling tussen bedrijfsleiding en werknemers.
  22. Het berekenen van de kosten en baten van voorgestelde maatregelen op het gebied van planning,organisatie,efficiëntie,en dergelijke; het verlenen van adviezen op het gebied van het beheer.
  23. Handel in onroerend goed voor eigen rekening: woningen,flatgebouwen,niet voor bewoning bestemde gebouwen,grond,enzovoort.
  24. Verhuur en exploitatie van eigen of geleased residentieel onroerend goed,exclusief sociale woningen.
  25. Verhuur van woningen,exclusief sociale woningen,al dan niet gemeubelde appartementen en huizen; de verhuur van appartementen in hotels.
  26. Verhuur van niet-residentiële gebouwen zoals kantoorgebouwen,handelspanden,tentoonstellingsruimtes,en dergelijke; de verhuur van garageboxen en staanplaatsen voor auto’s.
  27. Verhuur en exploitatie van terreinen: de verhuur van grond en terreinen,ook indien bebouwd,voor landbouwdoeleinden; de verhuur van staanplaatsen voor caravans voor een periode van een jaar of meer.
  28. Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis.
  29. Beheer van overig onroerend goed: het verlenen in opdracht van de eigenaar of de mede-eigenaars van alle diensten die noodzakelijk zijn voor het behoorlijk functioneren van de gebouwen waarvan het beheer wordt waargenomen; het innen van de huur.
deed of 28-06-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Tijkstraat 58 registered office 2360 Oud-Turnhout 26-06-2024 2.361.411.253

Buildings and parcels at the address

Ground area
674 m²
Buildings
155 m²
Volume, LiDAR
790 m³
Tallest building
6.3 m
Buildings to scale, each on its own parcel
155 m², 6.3 m 155 m², 6.3 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
13483I0007/00W000674 m² 1 · 155 m² 6.3 m · 2