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WITEB 3

Active
Private limited companyfounded 20197 yrs activeEdingensesteenweg 196, 1500 Halle, BelgiumKBO/BCE: BE 0726.754.187
Summary

The computed 12-month bankruptcy probability of WITEB 3 is 1.6% (moderate). The 2025 annual accounts show equity of €140,551 and a net result of €35,223. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 10552 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability39▲+24
Solvency42▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.2 against 0.38 in 2024; short-term debt: 83.5% and cash: 0% of total assets), and 83.5% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 07-10-2025, 24 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
24 d early
2024
28 d early
2023
on the day
2022
14 d early
2021
3 d early
2020
19 d early
← 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 15 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 17 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

WITEB 3 was incorporated on 14 May 2019 as a Private limited company.1 Total assets fell from EUR 1.1 million in 2020 to EUR 849,543 in 2025 and headcount from 4.7 to 0.3 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€140,551▲ 33.4%
2024 · €105,328
Total assets
€849,543▼ 41.3%
2024 · €1.4m
Net result
€35,223
2024 · -€40,615
Working capital
€140,551
2024 · -€830,325
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€265,060€1,148▼ 99.6%-€85,613-€35,263▲ 58.8%€77,454
Net result€229,182above the sector's middle half€811below the sector's middle half▼ 99.6%-€84,314below the sector's middle half-€40,615below the sector's middle half▲ 51.8%€35,223within the sector's middle half
Equity€229,445within the sector's middle half▲ 87,171%€230,256within the sector's middle half▲ 0.4%€145,942within the sector's middle half▼ 36.6%€105,328below the sector's middle half▼ 27.8%€140,551within the sector's middle half▲ 33.4%
Total assets€262,765below the sector's middle half▼ 76.3%€233,798below the sector's middle half▼ 11.0%€150,446below the sector's middle half▼ 35.7%€1.4mwithin the sector's middle half▲ 863%€849,543within the sector's middle half▼ 41.3%
Debt€33,319▼ 97.0%€3,542▼ 89.4%€4,503▲ 27.1%€1.3m▲ 29,719%€708,992▼ 47.2%
Working capital€229,445within the sector's middle half€230,256within the sector's middle half▲ 0.4%€145,942within the sector's middle half▼ 36.6%-€830,325below the sector's middle half€140,551within the sector's middle half
Solvency87.3%above the sector's middle half▲ 87.3pp98.5%above the sector's middle half▲ 11.2pp97.0%above the sector's middle half▼ 1.5pp7.3%below the sector's middle half▼ 89.7pp16.5%within the sector's middle half▲ 9.3pp
Current ratio7.89above the sector's middle half▲ 7.6766.01above the sector's middle half▲ 58.1233.41above the sector's middle half▼ 32.600.38below the sector's middle half▼ 33.031.20within the sector's middle half▲ 0.82
Return on assets (ROA)87.2%above the sector's middle half▲ 100.7pp0.3%below the sector's middle half▼ 86.9pp-56.0%below the sector's middle half▼ 56.4pp-2.8%below the sector's middle half▲ 53.2pp4.1%within the sector's middle half▲ 7.0pp
Staff (FTE)8.6above the sector's middle half▲ 83.0%0below the sector's middle half▼ 100%0below the sector's middle half0.4below the sector's middle half0.3below the sector's middle half▼ 25.0%
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000Operating result 2021: €265,060€265,060Net result 2021: €229,182€229,182Operating result 2022: €1,148€1,148Net result 2022: €811€811Operating result 2023: -€85,613-€85,613Net result 2023: -€84,314-€84,314Operating result 2024: -€35,263-€35,263Net result 2024: -€40,615-€40,615Operating result 2025: €77,454€77,454Net result 2025: €35,223€35,22320212022202320242025-€100,000-€50,000€0€50,000€100,000Operating result 2023: -€85,613-€85,600Net result 2023: -€84,314-€84,300Operating result 2024: -€35,263-€35,300Net result 2024: -€40,615-€40,600Operating result 2025: €77,454€77,500Net result 2025: €35,223€35,200202320242025
The operating result returns to profit in 2025: €77,454 after a loss of €35,263 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €849,543
Equity €140,551 ▲ 33.4%
Debt €708,992 ▼ 47.2%
Debt's share of the balance-sheet total falls from 92.7% to 83.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€77,454▲
2024 · -€10,890
Cash flow
€35,223▲
2024 · -€16,241
Debt to equity
5.04▼
2024 · 12.75
ROE
25.1%▲
2024 · -38.6%
Interest coverage
1.83▲
2024 · -1.18
Debt ≤ 1 year
€708,992▼
2024 · €1.3m
Staff costs
€10,850▼
2024 · €13,005
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,275 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
2.5% went bankrupt
2.5% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.6% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 3,275 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.4m€849,543▼
Fixed assets21/28€935,653€0▼
Tangible fixed assets22/27€935,653€0▼
Plant, machinery and equipment23€20,828€0▼
Furniture and vehicles24€3,669€0▼
Other tangible fixed assets26€911,156€0▼
Current assets29/58€512,493€849,543▲
Stocks and contracts in progress3€212,451€0▼
Stocks30/36€212,451€0▼
Amounts receivable within one year40/41€258,778€849,543▲
Trade receivables40€258,778€848,782▲
Other amounts receivable41€0€761▲
Cash at bank and in hand54/58€29,799€0▼
Deferred charges and accrued income490/1€11,464€0▼
Equity and liabilities
Total equity and liabilities10/49€1.4m€849,543▼
Equity10/15€105,328€140,551▲
Contributions10/11€150,000€150,000=
Profit (loss) carried forward14-€44,672-€9,449▲
Amounts payable17/49€1.3m€708,992▼
Amounts payable within one year42/48€1.3m€708,992▼
Trade debts44€98,168€2,959▼
Suppliers440/4€98,168€2,959▼
Taxes, remuneration and social security45€3,808€0▼
Taxes450/3€2,226€0▼
Remuneration and social security454/9€1,582€0▼
Other amounts payable47/48€1.2m€706,033▼
Income statement Code20242025
Non-recurring operating income76A€258,000€0▼
Remuneration, social security and pensions62€13,005€10,850▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,373€0▼
Other operating charges640/8€512€549,998▲
Non-recurring operating charges66A€0-
Gross operating margin9900€2,627€638,303▲
Operating profit (loss)9901-€35,263€77,454▲
Financial income75/76B€3,862€38▼
Recurring financial income75€3,862€38▼
Financial charges65/66B€9,213€42,268▲
Recurring financial charges65€9,213€42,268▲
Profit (loss) for the period before taxes9903-€40,615€35,223▲
Profit (loss) for the period9904-€40,615€35,223▲
Profit (loss) for the period to be appropriated9905-€40,615€35,223▲
Appropriation of the result
Profit (loss) to be appropriated9906-€44,672-€9,449▲
Profit (loss) brought forward from the previous period14P-€4,058-€44,672▼
Transfer from equity791/2€0-
Social balance
Average headcount (FTE)90870.40.3▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€0-€258,000€0▼ 100%
Remuneration, social security and pensions62-€0€794€13,005€10,850▼ 16.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0--€24,373€0▼ 100%
Other operating charges640/8-€994€2,515€512€549,998▲ 107,397%
Non-recurring operating charges66A--€69,819€0--
Gross operating margin9900€433,988€2,142-€12,485€2,627€638,303▲ 24,200%
Operating profit (loss)9901€265,060€1,148-€85,613-€35,263€77,454▲ 320%
Financial income75/76B-€258€1,745€3,862€38▼ 99.0%
Recurring financial income75€396€258€1,745€3,862€38▼ 99.0%
Financial charges65/66B-€300€445€9,213€42,268▲ 359%
Recurring financial charges65€7,340€300€445€9,213€42,268▲ 359%
Profit (loss) for the period before taxes9903€258,116€1,106-€84,314-€40,615€35,223▲ 187%
Income taxes67/77€28,934€295€0---
Profit (loss) for the period9904€229,182€811-€84,314-€40,615€35,223▲ 187%
Profit (loss) for the period to be appropriated9905€229,182€811-€84,314-€40,615€35,223▲ 187%
Line20212022202320242025Change
Assets
Total assets20/58€262,765€233,798€150,446€1.4m€849,543▼ 41.3%
Formation expenses20€0-----
Fixed assets21/28€0--€935,653€0▼ 100%
Tangible fixed assets22/27€0--€935,653€0▼ 100%
Plant, machinery and equipment23---€20,828€0▼ 100%
Furniture and vehicles24---€3,669€0▼ 100%
Other tangible fixed assets26---€911,156€0▼ 100%
Current assets29/58€262,765€233,798€150,446€512,493€849,543▲ 65.8%
Stocks and contracts in progress3€0--€212,451€0▼ 100%
Stocks30/36---€212,451€0▼ 100%
Amounts receivable within one year40/41€262,765€233,798€150,446€258,778€849,543▲ 228%
Trade receivables40---€258,778€848,782▲ 228%
Other amounts receivable41-€233,798€150,446€0€761-
Cash at bank and in hand54/58€0--€29,799€0▼ 100%
Deferred charges and accrued income490/1---€11,464€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€262,765€233,798€150,446€1.4m€849,543▼ 41.3%
Equity10/15€229,445€230,256€145,942€105,328€140,551▲ 33.4%
Contributions10/11-€150,000€150,000€150,000€150,000=
Reserves13€79,445€80,256€0---
Distributable reserves133-€80,256€0---
Profit (loss) carried forward14€0--€4,058-€44,672-€9,449▲ 78.8%
Amounts payable17/49€33,319€3,542€4,503€1.3m€708,992▼ 47.2%
Amounts payable within one year42/48€33,319€3,542€4,503€1.3m€708,992▼ 47.2%
Trade debts44€4,386€3,247€4,503€98,168€2,959▼ 97.0%
Suppliers440/4-€3,247€4,503€98,168€2,959▼ 97.0%
Taxes, remuneration and social security45-€295€0€3,808€0▼ 100%
Taxes450/3-€295€0€2,226€0▼ 100%
Remuneration and social security454/9---€1,582€0▼ 100%
Other amounts payable47/48---€1.2m€706,033▼ 43.1%
Line20212022202320242025Change
Profit (loss) for the period9904€229,182€811-€84,314-€40,615€35,223▲ 187%
+ Depreciation and write-downs630€0--€24,373€0▼ 100%
Operating cash flow (approximation)€229,182€811-€84,314-€16,241€35,223▲ 317%
Investment in fixed assets (approximation)----€935,653-
Change in cash-----€29,799-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
07-10
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial Back to profitnet €35,223
Net result €35,223 after 2 loss-making years.
31-03
Financial Liquidity triplescurrent ratio 1.20
Current ratio from 0.38 to 1.20; short-term debt falls from €1.3m to €708,992.
2024
03-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
17-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial Liquidity times 8current ratio 66.01
Current ratio from 7.89 to 66.01; short-term debt falls from €33,319 to €3,542.
2021
28-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial Back to profitnet €229,182
Net result €229,182 after one loss-making year.
31-03
Financial Liquidity times 36current ratio 7.89
Current ratio from 0.22 to 7.89; short-term debt falls from €1.1m to €33,319.
31-03
Financial Equity above €200,000Eq €229,445 ▲87,171%
Equity rises from €263 to €229,445.
2020
12-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Halle · 1 establishment unit since 2019
seat establishment approximate The establishment unit on the map
Ground area
3.1 ha
Building footprint
9,124 m²
Volume, LiDAR
146,720 m³
2 parcels, Flanders, Wallonia · tallest building 27.2 m, ±6 floors. Linked by address, not a title deed.
77 companies at this address See who is registered here
1 establishment unit
Witeb Zuid
Avenue Eugène Mascaux 462, 6001 CharleroiRetail sale of meat and meat products, excluding game and poultry
since 20192.289.420.031
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23027F0207/00V000 Flanders 3.1 ha 1 · 9,052 m² 27.2 m · 6 fl.
52392C0162/00Z006indicative Wallonia 150 m² 1 · 72 m² 10.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Part of the group KORYS 159 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. KORYS 64.44%
  2. Colruyt Group 100%
  3. Ahara 100%
  4. Colruyt Food Retail 100%
  5. RETAIL PARTNERS COLRUYT GROUP 100%
  6. WITEB 3

Highest known parent: KORYS. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-03-2025 list no holdings, and no other source names one.

According to the annual accounts to 31-03-2025 of WITEB 3 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 to 2025 · 5 entries · 11,871 EUR awarded · 8,527 EUR paid
Year Entries awardedpaid
2025 2 0 EUR497 EUR
2024 1 0 EUR5,762 EUR
2023 1 9,603 EUR0 EUR
2022 1 2,268 EUR2,268 EUR
Schemes
4 entries · 9,603 EUR · 6,259 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 2,268 EUR · 2,268 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site
Charleroi2.289.420.031
4 permissions
Toelating · Bakkerij · since 03-03-2026
Toelating · Detailhandel · since 03-03-2026
Toelating · Viswinkel · since 03-03-2026
and 1 more

Similar companies · same sector, comparable size

Of 10,509 companies in sector 47110 we hold annual accounts for 5,853. 4,490 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
Founded14-05-2019
Fiscal year end31-03
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47221Retail sale of meat and meat products, excluding game and poultry
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0726754187
Also 9925:BE0726754187
Registered 24-11-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.