WITMO
ActiveWITMO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.22M and a net result of €265k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 1708 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
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
Profitability60▼-40
Solvency100▲+8
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity ample (current ratio 2.62 against 1.67 in 2024), and 30.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
69.4%
Return on assets
8.3%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
77 d early
2023
28 d late
2022
31 d late
2021
23 d late
2020
17 d late
2019
28 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
10-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.22M▲ 10.7%
2024 · €2.00M
2018: €951k
2019: €934k
2020: €1.01M
2021: €1.29M
2022: €1.34M
2023: €1.49M
2024: €2.00M
2018 → 2025
Total assets
€3.20M▼ 0.8%
2024 · €3.22M
2018: €2.86M
2019: €2.48M
2020: €2.16M
2021: €2.66M
2022: €4.09M
2023: €3.63M
2024: €3.22M
2018 → 2025
Net result
€265k▼ 48.9%
2024 · €518k
2018: €180k
2019: €185k
2020: €67k
2021: €374k
2022: €79k
2023: €161k
2024: €518k
2018 → 2025
Working capital
€672k▲ 103%
2024 · €330k
2018: €-261k
2019: €-5k
2020: €474k
2021: €273k
2022: €43k
2023: €272k
2024: €330k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.29M-€1.34M▲ 3.7%€1.49M▲ 11.3%€2.00M▲ 34.1%€2.22M▲ 10.7%
Operating result€424k-€96k▼ 77.4%€-79k€538k€363k▼ 32.6%
Net result€374k-€79k▼ 79.0%€161k▲ 105%€518k▲ 222%€265k▼ 48.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.20M
Fixed assets
€2.11M▼ 11.9%
Current assets
€1.09M▲ 31.4%
Equity and liabilities €3.20M
Equity
€2.22M▲ 10.7%
Debt
€980k▼ 19.7%
The debt ratio falls from 37.9% to 30.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€747k▼
2024 · €1.08M
Cash flow
€649k▼
2024 · €1.06M
Solvency
69.4%▲
2024 · 62.1%
Current ratio
2.62▲
2024 · 1.67
Quick ratio
2.56▲
2024 · 1.62
Debt / equity
0.44▼
2024 · 0.61
ROE
11.9%▼
2024 · 25.9%
ROA
8.3%▼
2024 · 16.1%
Interest coverage
34.95▲
2024 · 27.47
Debt
€980k▼
2024 · €1.22M
Debt ≤ 1 year
€414k▼
2024 · €496k
Debt > 1 year
€565k▼
2024 · €724k
Income taxes
€82k▲
2024 · €3k
Staff costs
€507k▼
2024 · €520k
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€3.22M€3.20M▼
Fixed assets21/28€2.40M€2.11M▼
Tangible fixed assets22/27€2.40M€2.11M▼
Land and buildings22€615k€628k▲
Plant, machinery and equipment23€1.76M€1.45M▼
Furniture and vehicles24€15k€35k▲
Financial fixed assets28€2k€2k=
Current assets29/58€826k€1.09M▲
Stocks and contracts in progress3€25k€25k=
Stocks30/36€25k€25k=
Amounts receivable within one year40/41€594k€610k▲
Trade receivables40€515k€474k▼
Other amounts receivable41€79k€136k▲
Current investments50/53€107k€107k=
Cash at bank and in hand54/58€67k€341k▲
Deferred charges and accrued income490/1€32k€1k▼
Equity and liabilities
Total equity and liabilities10/49€3.22M€3.20M▼
Equity10/15€2.00M€2.22M▲
Contributions10/11€224k€224k=
Reserves13€316k€266k▼
Non-distributable reserves130/1€107k€107k=
Own shares acquired1312€107k€107k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€205k€155k▼
Profit (loss) carried forward14€1.46M€1.73M▲
Amounts payable17/49€1.22M€980k▼
Amounts payable after more than one year17€724k€565k▼
Financial debts170/4€724k€565k▼
Amounts payable within one year42/48€496k€414k▼
Current portion of amounts payable after more than one year42€259k€159k▼
Trade debts44€105k€165k▲
Suppliers440/4€105k€165k▲
Taxes, remuneration and social security45€125k€81k▼
Taxes450/3€69k€19k▼
Remuneration and social security454/9€56k€62k▲
Other amounts payable47/48€7k€9k▲
Accrued charges and deferred income492/3-€870
Income statement
Code20242025
Non-recurring operating income76A€22k€135k▲
Remuneration, social security and pensions62€520k€507k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€546k€384k▼
Other operating charges640/8€14k€66k▲
Gross operating margin9900€1.62M€1.32M▼
Operating profit (loss)9901€538k€363k▼
Financial income75/76B€22k€6k▼
Recurring financial income75€22k€6k▼
Financial charges65/66B€39k€21k▼
Recurring financial charges65€39k€21k▼
Profit (loss) for the period before taxes9903€521k€347k▼
Income taxes67/77€3k€82k▲
Profit (loss) for the period9904€518k€265k▼
Profit (loss) for the period to be appropriated9905€518k€265k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.46M€1.73M▲
Profit (loss) brought forward from the previous period14P€945k€1.46M▲
Transfer from equity791/2-€50k
Profit to be distributed694/7-€50k
Return on contributions (dividend)694-€50k
Social balance
Average headcount (FTE)908717.715.4▼
The notes to these accounts (15 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
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 3 days late
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €518k ▲222%
Operating result €538k, net result €518k, both a record.
31-12
Financial
Equity above €2MEq €2.00M ▲34.1%
7 profitable years in a row build equity to €2.00M.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
31-12
Financial
Weakest financial yearnet €67k ▼64%
Net result drops to €67k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 2.23
Current ratio from 0.99 to 2.23; short-term debt falls from €594k to €386k.
31-12
Financial
Equity above €1MEq €1.01M ▲8%
3 profitable years in a row build equity to €1.01M.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 7 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
Geert Mortelmans
CurrentDirector · since 29-02-2024
29-02-2024
Resigned as Director
29-02-2024
Appointed as Director
Location & real-estate footprint
Registered office, Lier · 1 establishment unit since 2001
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.
Hoog-Lachenen 652500 LierGround area
1,584 m²
Building footprint
208 m²
Volume, LiDAR
1,053 m³
Parcel 12393E0252/00K000, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hoog-Lachenen 65, 2500 Lier
since 20012.101.307.931
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12393E0252/00K000 | Flanders | 1,584 m² | 1 · 208 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
DE GROOF MARLEEN
BE 0440.496.497
Sint-Katelijne-Waver · Eq €2.24M
GOFFIN HUBERT EN MICHEL
BE 0889.712.803
Sint-Truiden · Eq €2.24M
ELKO FRUIT
BE 0456.750.432
Sint-Truiden · Eq €2.25M
Pajottenlander
BE 0472.115.727
Meise · Eq €2.27M
SIMONTA
BE 0888.029.456
Herstappe · Eq €2.16M
Of 3,614 companies in sector 01130 we hold annual accounts for 782. 496 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-05-2001
Fiscal year end31-12
Activities, NACEBEL
01121
01130Growing of vegetables, melons, roots and tubers
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 09-09-2026. Scores and ratios are computed by Checked and are not a credit decision.