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 66% of 187 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 | 66% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
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% | 41.5% | |
| Net result | €427k | €159k | |
| Equity | €4.30M | €1.10M | |
| Staff costs | €392k | €760k | |
| Employees (FTE) | 4.2 | 10.0 |
Show 15 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| 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 |
Full annual accounts (25 line items)
| 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 |
-
HOLLEVOET BarbaraDirectorState Gazette act 23486658 (28-12-2023)Current28-12-2023 → present
-
Current28-12-2023 → present
2 events
- 28-12-2023 Appointed· Director
- 28-12-2023 Appointed· Managing director
-
WITTAMER AlexisDirectorState Gazette act 23486658 (28-12-2023)Current28-12-2023 → present
| NACE primary | Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren(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.
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
08-05-2025 Change in the board of directors
Technical details
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"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
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"act_meta": {
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"pub_date": "2024-05-08",
"filing_date": "2024-04-26",
"act_kind_objet": "Zetel (zetelverplaatsing)"
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"decision": {
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"date": "2024-04-04",
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"subject_company": {
"kbo": "0538.672.672",
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"_kbo_filled_from_list": true
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"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
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],
"notary": {
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},
"act_meta": {
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"pub_date": "2023-12-28",
"filing_date": "2023-12-26",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-11-30",
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}
],
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"subject_company": {
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"name_full": "WITRADE NV",
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},
"publication_proxy": {
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"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
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"act_meta": {
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"pub_date": "2023-03-10",
"filing_date": "2023-02-07",
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"publication_proxy": {
"kind": "org",
"org_kbo": "0841.869.235",
"org_name": "BV Qualitax BV BVBA",
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"co_filed_documents": [
"Mod PDF 19.01"
]
}| Legal nameNL | WITRADE |