WITRADE
The computed 12-month bankruptcy probability of WITRADE is 0.4% (very low). The 2025 annual accounts show equity of €4.30M and a net result of €427k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 65% of 177 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €4.30M |
| Net result | €427k |
| Staff (FTE) | 4.2 |
| Better than sector | 65% |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 53.5% | 42.8% | |
| Net result | €427k | €186k | |
| Equity | €4.30M | €1.10M | |
| Staff costs | €392k | €777k | |
| Employees (FTE) | 4.2 | 10.2 |
| Fiscal year | 2025 |
|---|---|
| Revenue | €15.75M |
| EBITDA | €732k |
| Net profit | €427k |
| Cash flow | €454k |
| Staff costs | €392k |
| Income taxes | €78k |
| Dividends | €63k |
| Total assets | €8.03M |
| Equity | €4.30M |
| Debt | €3.74M |
| of which ≤ 1y | €2.81M |
| of which > 1y | €733k |
| Working capital | €5.06M |
| Employees (FTE) | 4.2 |
| 2025 | |
|---|---|
| Current ratio | 2.80 |
| Quick ratio | 1.33 |
| Working capital ratio | 62.9% |
| Solvency | 53.5% |
| Debt / equity | 0.87 |
| Long-term debt ratio | 0.17 |
| Interest coverage | 10.20 |
| Gross margin | 18.5% |
| Net margin | 2.7% |
| ROA | 5.3% |
| ROE | 9.9% |
| EBITDA margin | 4.6% |
| Days sales outstanding | 76d |
| Days payable outstanding | 57d |
| Inventory turnover | 3.12 |
| Days inventory (DSI) | 117d |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €8.03M |
| Fixed assets | 21/28 | €165k |
| Tangible fixed assets | 22/27 | €165k |
| Financial fixed assets | 28 | €255 |
| Current assets | 29/58 | €7.87M |
| Stocks & contracts in progress | 3 | €4.12M |
| Amounts receivable within one year | 40/41 | €3.38M |
| Cash & bank | 54/58 | €344k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €8.03M |
| Equity | 10/15 | €4.30M |
| Contributions / capital | 10/11 | €850k |
| Reserves | 13 | €85k |
| Accumulated profits (losses) | 14 | €3.36M |
| Amounts payable | 17/49 | €3.74M |
| Amounts payable after one year | 17 | €733k |
| Amounts payable within one year | 42/48 | €2.81M |
| Trade debts payable within one year | 44 | €1.99M |
| Income statement | ||
| Turnover | 70 | €15.75M |
| Operating result | 9901 | €705k |
| Financial income | 75 | €412k |
| Financial charges | 65 | €612k |
| Result before taxes | 9903 | €505k |
| Income taxes | 67/77 | €78k |
| Net result for the period | 9904 | €427k |
| Result to be appropriated | 9905 | €427k |
| NACE primary | Wholesale trade(46160) |
| Legal form | Public limited company(014) |
| Incorporation | 17-09-2013 |
| Status | Active |
| Postal code | 9600 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45422C2331/00A000 | Flanders | 4,546 m² | 1 · 1,890 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-05-2025 Change in the board of directors
Technical details
{
"events": [
{
"kind": "substantive_delegation",
"role": "enige_bestuurder",
"person": null,
"reason": null,
"subkind": null,
"via_org": {
"kbo": "0507.723.833",
"name": "TEX SOLUTIONS",
"address": "Boeregemstraat 46, 9750 Kruisem",
"country": "BE",
"legal_form": "besloten vennootschap"
},
"statutory": "niet_statutair",
"compensated": true,
"effective_date": null,
"evidence_quote": "De algemene vergadering beslist het aantal bestuurders te bepalen op \u00E9\u00E9n en besluit hiermee dat de vennootschap thans bestuurd zal worden door de enige bestuurder.",
"decharge_status": null,
"mandate_duration": {
"kind": "n_years",
"value": "6"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Jean HENRIST",
"firm_city": null,
"firm_name": null,
"office_city": "Ronse",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-05-08",
"filing_date": "2025-05-06",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2025-04-23",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0538.672.672",
"name_full": "WITRADE",
"legal_form": "Naamloze vennootschap"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Jean HENRIST",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"Afschrift van de akte van 23 april 2025",
"Verslag van het bestuursorgaan betreffende de soortwijziging",
"Geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}08-05-2024 Registered office moved within Ronse
- Stationstraat 11, 9600 Ronse → Ninoofsesteenweg 613/0001, 9600 Ronse
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "Ninoofsesteenweg 613/0001, 9600 Ronse",
"city": "Ronse",
"region": "vlaams_gewest",
"street": "Ninoofsesteenweg",
"country": "BE",
"postcode": "9600",
"box_number": "0001",
"street_number": "613",
"locality_suffix": null
},
"old_address": {
"raw": "Stationstraat 11, 9600 Ronse",
"city": "Ronse",
"region": "vlaams_gewest",
"street": "Stationstraat",
"country": "BE",
"postcode": "9600",
"box_number": null,
"street_number": "11",
"locality_suffix": null
},
"effective_date": "2024-04-04",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-05-08",
"filing_date": "2024-04-26",
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2024-04-04",
"unanimous": null
},
"subject_company": {
"kbo": "0538.672.672",
"name_full": "Witrade Nv",
"legal_form": "NV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Alexis Wittamer",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"de notulen van de bestuursvergadering dd. 04/04/2024"
]
}28-12-2023 4 directors appointed
- TEX SOLUTIONS, Bestuurder
- HOLLEVOET Barbara, Bestuurder
- WITTAMER Alexis, Bestuurder
- TEX SOLUTIONS, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "decharge_pending",
"role": null,
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": "pending_next_agm",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "bestuurder",
"person": null,
"reason": null,
"subkind": null,
"via_org": {
"kbo": "0507.723.833",
"name": "TEX SOLUTIONS",
"address": "Boeregemstraat 46, 9750 Kruisem",
"country": "BE",
"legal_form": "BV"
},
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "n_years",
"value": "6"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "HOLLEVOET Barbara",
"address": "9750 Kruisem, Boeregemstraat 46",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "n_years",
"value": "6"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "WITTAMER Alexis",
"address": "9600 Ronse, Ommegangstraat 15",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "n_years",
"value": "6"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "gedelegeerd_bestuurder",
"person": null,
"reason": null,
"subkind": null,
"via_org": {
"kbo": "0507.723.833",
"name": "TEX SOLUTIONS",
"address": "Boeregemstraat 46, 9750 Kruisem",
"country": "BE",
"legal_form": "BV"
},
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "n_years",
"value": "6"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_pending",
"role": null,
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": "pending_next_agm",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Jean HENRIST",
"firm_city": null,
"firm_name": null,
"office_city": "Ronse",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-28",
"filing_date": "2023-12-26",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-11-30",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0538.672.672",
"name_full": "WITRADE NV",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Jean HENRIST",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"Afschrift van de akte van 30 november 2023",
"Geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}10-03-2023 Registered office moved within Ronse
- Charles de Gaullestraat 7A. 9600 Ronse → Stationstraat 11, 9600 Ronse
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Stationstraat 11, 9600 Ronse",
"city": "Ronse",
"region": "vlaams_gewest",
"street": "Stationstraat",
"country": "BE",
"postcode": "9600",
"box_number": null,
"street_number": "11",
"locality_suffix": null
},
"old_address": {
"raw": "Charles de Gaullestraat 7A. 9600 Ronse",
"city": "Ronse",
"region": "vlaams_gewest",
"street": "Charles de Gaullestraat",
"country": "BE",
"postcode": "9600",
"box_number": null,
"street_number": "7A",
"locality_suffix": null
},
"effective_date": "2023-01-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-03-10",
"filing_date": "2023-02-07",
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2023-01-01",
"unanimous": null
},
"subject_company": {
"kbo": "0538.672.672",
"name_full": "Witrade Nv",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0841.869.235",
"org_name": "BV Qualitax BV BVBA",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Mod PDF 19.01"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | WITRADE |