WITEC
ActiveThe computed 12-month bankruptcy probability of WITEC is 3.1% (moderate). The 2025 annual accounts show equity of €29k and a net result of €6k. Its solvency ranks better than 80% of 969 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth52
Stability94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.31 against 2.57 in 2024), and 28% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← 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
72%
Return on assets
15.1%
Age of the figures
8 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 12-05-2026, 80 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
80 d early
2024
13 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€106k
EBIT margin
28.6%
Net result
€6k▼ 72.9%
2024 · €22k
2024: €22k
2024 → 2025
Working capital
€26k▲ 31.2%
2024 · €20k
2024: €20k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Turnover€106k-
Equity€23k-€29k▲ 26.5%
Operating result€30k-€8k▼ 72.4%
Net result€22k-€6k▼ 72.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 72% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40k
Fixed assets
€3k▼ 2.8%
Current assets
€37k▲ 14.9%
Equity and liabilities €40k
Equity
€29k▲ 26.5%
Debt
€11k▼ 10.6%
The debt ratio falls from 35.5% to 28.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€9k▼
2024 · €30k
Cash flow
€7k▼
2024 · €23k
Solvency
72.0%▲
2024 · 64.5%
Current ratio
3.31▲
2024 · 2.57
Quick ratio
3.31▲
2024 · 2.57
Debt / equity
0.39▼
2024 · 0.55
ROE
21.0%▼
2024 · 97.8%
ROA
15.1%▼
2024 · 63.1%
Interest coverage
107.64▲
2024 · 14.36
Debt
€11k▼
2024 · €13k
Debt ≤ 1 year
€11k▼
2024 · €13k
Income taxes
€2k▼
2024 · €6k
Staff costs
€9k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€36k€40k▲
Fixed assets21/28€3k€3k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€3k-
Financial fixed assets28-€800
Current assets29/58€32k€37k▲
Amounts receivable within one year40/41€32k€37k▲
Trade receivables40€32k€34k▲
Other amounts receivable41-€4k
Cash at bank and in hand54/58€449€19▼
Equity and liabilities
Total equity and liabilities10/49€36k€40k▲
Equity10/15€23k€29k▲
Contributions10/11€500€500=
Outside capital11€500€500=
Other1109/19€500€500=
Profit (loss) carried forward14€22k€29k▲
Amounts payable17/49€13k€11k▼
Amounts payable within one year42/48€13k€11k▼
Trade debts44-€5k
Suppliers440/4-€5k
Taxes, remuneration and social security45€6k€6k▲
Taxes450/3€6k€6k▲
Other amounts payable47/48€7k-
Income statement
Code20242025
Turnover70€106k-
Goods, raw materials, services and sundry goods60/61€72k-
Remuneration, social security and pensions62€2k€9k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88€712▲
Other operating charges640/8€636€3k▲
Gross operating margin9900€33k€21k▼
Operating profit (loss)9901€30k€8k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€2k€84▼
Recurring financial charges65€2k€84▼
Profit (loss) for the period before taxes9903€28k€8k▼
Income taxes67/77€6k€2k▼
Profit (loss) for the period9904€22k€6k▼
Profit (loss) for the period to be appropriated9905€22k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€29k▲
Profit (loss) brought forward from the previous period14P-€22k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
NBB filing
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, Brussel · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Keizerslaan 101000 BrusselGround area
822 m²
Building footprint
570 m²
Volume, LiDAR
11,714 m³
2 parcels, Brussels · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
WITEC
since 20232.348.622.594
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1778/00D000 | Brussels | 670 m² | 1 · 488 m² | 27.7 m · 8 fl. |
| 21003A0205/00F000 | Brussels | 152 m² | 1 · 82 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BSN-TECH
BE 1000.360.109
Diest · Eq €29k
BOUZRAA SERVICE
BE 0764.400.283
Beveren-Kruibeke-Zwijndrecht · Eq €29k
K.S. SOLUTIONS
BE 1002.069.287
Lokeren · Eq €29k
Alstar Infra Technics
BE 0568.685.462
Lokeren · Eq €29k
ASIMI TELECOM
BE 0750.747.930
Ternat · Eq €29k
Of 1,806 companies in sector 42220 we hold annual accounts for 948. 637 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-07-2023
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
61100Wired, wireless and satellite telecommunications
61200Telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:WITECSRL@OUTLOOK.COM