WITO
ActiveSummary
WITO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €599k and a net result of €51k. Equity is growing by ~15.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability58▼-23
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 4.78 against 11.45 in 2024; short-term debt: 4.2% and cash: 19.9% of total assets), and 4.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 2025Solvency, return and age of the figures
Solvency
95.8%
Return on assets
8.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
22 d late
2023
1 d early
2022
1 d late
2021
3 d early
2020
2 d early
2019
12 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€599k▲ 9.3%
2024 · €548k
Total assets
€625k▲ 8.2%
2024 · €578k
Net result
€51k▼ 12.9%
2024 · €59k
Working capital
€99k▼ 68.2%
2024 · €311k
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
Line20212022202320242025
Operating result€38k€101k▲ 169%€92k▼ 8.4%€88k▼ 4.7%€77k▼ 12.3%
Net result€38k€101k▲ 169%€82k▼ 18.4%€59k▼ 28.7%€51k▼ 12.9%
Equity€306k▲ 14.0%€407k▲ 33.0%€489k▲ 20.2%€548k▲ 12.0%€599k▲ 9.3%
Total assets€321k▲ 13.3%€407k▲ 27.0%€499k▲ 22.6%€578k▲ 15.7%€625k▲ 8.2%
Debt€15k=€348▼ 97.6%€10k▲ 2,817%€30k▲ 193%€26k▼ 12.0%
Working capital€61k▲ 2,238%€163k▲ 169%€262k▲ 60.5%€311k▲ 18.6%€99k▼ 68.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €625k
Fixed assets
€500k ▲ 111%
Current assets
€125k ▼ 63.3%
Equity and liabilities €625k
Equity
€599k ▲ 9.3%
Debt
€26k ▼ 12.0%
Debt's share of the balance-sheet total falls from 5.1% to 4.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€114k▼
2024 · €121k
Cash flow
€87k▼
2024 · €92k
Current ratio
4.78▼
2024 · 11.45
Debt to equity
0.04▼
2024 · 0.05
ROE
8.5%▼
2024 · 10.7%
ROA
8.2%▼
2024 · 10.2%
Debt ≤ 1 year
€26k▼
2024 · €30k
Income taxes
€26k▼
2024 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31k | €30k | €33k | €33k | €36k | ▲ 10.4% |
| Other operating charges640/8 | - | €348 | €348 | €384 | €198 | ▼ 48.5% |
| Gross operating margin9900 | €69k | €131k | €125k | €121k | €114k | ▼ 6.2% |
| Operating profit (loss)9901 | €38k | €101k | €92k | €88k | €77k | ▼ 12.3% |
| Financial charges65/66B | - | €23 | €279 | €24 | - | - |
| Recurring financial charges65 | €21 | €23 | €279 | €24 | - | - |
| Profit (loss) for the period before taxes9903 | €38k | €101k | €92k | €88k | €77k | ▼ 12.3% |
| Income taxes67/77 | - | - | €10k | €29k | €26k | ▼ 10.9% |
| Profit (loss) for the period9904 | €38k | €101k | €82k | €59k | €51k | ▼ 12.9% |
| Profit (loss) for the period to be appropriated9905 | €38k | €101k | €82k | €59k | €51k | ▼ 12.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €321k | €407k | €499k | €578k | €625k | ▲ 8.2% |
| Fixed assets21/28 | €245k | €244k | €227k | €237k | €500k | ▲ 111% |
| Tangible fixed assets22/27 | €245k | €244k | €227k | €237k | €500k | ▲ 111% |
| Land and buildings22 | - | €244k | €227k | €237k | €500k | ▲ 111% |
| Current assets29/58 | €75k | €164k | €272k | €340k | €125k | ▼ 63.3% |
| Amounts receivable within one year40/41 | €72k | - | - | €318 | €376 | ▲ 18.1% |
| Other amounts receivable41 | - | - | - | €318 | €376 | ▲ 18.1% |
| Cash at bank and in hand54/58 | €3k | €164k | €272k | €340k | €125k | ▼ 63.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €321k | €407k | €499k | €578k | €625k | ▲ 8.2% |
| Equity10/15 | €306k | €407k | €489k | €548k | €599k | ▲ 9.3% |
| Contributions10/11 | €439k | €439k | €439k | €439k | €439k | = |
| Capital10 | - | €439k | €439k | €439k | €439k | = |
| Issued capital100 | - | €439k | €439k | €439k | €439k | = |
| Reserves13 | €27k | €27k | €51k | €109k | €160k | ▲ 46.8% |
| Non-distributable reserves130/1 | - | €5k | €7k | €10k | €13k | ▲ 31.1% |
| Legal reserve130 | - | €5k | €7k | €10k | €13k | ▲ 31.1% |
| Distributable reserves133 | - | €22k | €44k | €100k | €148k | ▲ 48.3% |
| Profit (loss) carried forward14 | €-160k | €-59k | - | - | - | - |
| Amounts payable17/49 | €15k | €348 | €10k | €30k | €26k | ▼ 12.0% |
| Amounts payable within one year42/48 | €15k | €348 | €10k | €30k | €26k | ▼ 12.0% |
| Trade debts44 | €348 | €348 | €348 | €348 | - | - |
| Suppliers440/4 | - | €348 | €348 | €348 | - | - |
| Taxes, remuneration and social security45 | - | - | €10k | €29k | €26k | ▼ 10.9% |
| Taxes450/3 | - | - | €10k | €29k | €26k | ▼ 10.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38k | €101k | €82k | €59k | €51k | ▼ 12.9% |
| + Depreciation and write-downs630 | €31k | €30k | €33k | €33k | €36k | ▲ 10.4% |
| Operating cash flow (approximation) | €68k | €130k | €115k | €92k | €87k | ▼ 4.5% |
| Investment in fixed assets (approximation) | - | €-28k | €-16k | €-43k | €-299k | ▼ 597% |
| Change in cash | - | €160k | €109k | €68k | €-215k | ▼ 417% |
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
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
30-06
Financial
Equity above €500kEq €548k ▲12%
4 profitable years in a row build equity to €548k.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
30-06
Financial
Highest result since 2019net €101k ▲169%
Operating result €101k, net result €101k, both a record.
30-06
Financial
Liquidity times 91current ratio 470.69
Current ratio from 5.15 to 470.69; short-term debt falls from €15k to €348.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €38k
Net result €38k after 2 loss-making years.
30-06
Financial
Liquidity quadruplescurrent ratio 5.15
Current ratio from 1.18 to 5.15.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
Show earlier events
12-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
13-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 141 days late
2017
17-01
NBB filing
Annual accounts filed
fiscal year 2016 · 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Sint-Katelijne-Waver · 1 establishment unit since 1995
Ground area
2,552 m²
Building footprint
270 m²
Volume, LiDAR
1,437 m³
Parcel 12035A0219/00Y000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
WITO NV
since 19952.074.360.440
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12035A0219/00Y000 | Flanders | 2,552 m² | 1 · 270 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded28-12-1993
Fiscal year end30-06
Scores and ratios are computed by Checked and are not a credit decision.