WITRANS
ActiveSummary
WITRANS has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €12,571, of which €21,642 non-recurring income. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 39% of 2,367 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
- Staff
- 12.5 FTE
- Equity
- €1.6m
- Profit
- €12,571
Why 82raises riskSector: Land transport and transport via pipelines (NACE 49)Liquidity: current ratio 1.29, cash €349,940lowers riskFounded in 1968Figures for financial year 2025 (filed 30-06-2026)Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, small): better than 41% on solvency, 72% on liquidity, 34% on profitability and 31% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 13 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet €12,571 ▼92.2%
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 71% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
- 2025 Net result -92% on 2024. The accounts now follow the abbreviated format, last year the full format.
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,766 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €3.1m | - | - | - | - |
| Turnover70 | - | - | - | - | €3.0m | - | - | - | - |
| Other operating income74 | - | - | - | - | €0.05m | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €0.001m | €0.02m | €0.09m | €0.06m | €0.02m | ▼ 61.7% |
| Operating charges60/66A | - | - | - | - | €2.7m | - | - | - | - |
| Services and other goods61 | - | - | - | - | €1.6m | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.6m | €0.7m | €0.8m | €0.8m | €0.8m | ▲ 7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.4m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 21.9% |
| Other operating charges640/8 | - | - | - | €0.02m | €0.03m | €0.03m | €0.03m | €0.02m | ▼ 28.8% |
| Non-recurring operating charges66A | - | - | - | - | €0.003m | - | - | €0.003m | - |
| Gross operating margin9900 | €0.7m | €1.0m | €1.2m | €1.2m | - | €1.4m | €1.5m | €1.4m | ▼ 1.8% |
| Operating profit (loss)9901 | €0.04m | €0.2m | €0.3m | €0.2m | €0.3m | €0.2m | €0.2m | €0.07m | ▼ 71.5% |
| Financial income75/76B | - | - | - | €0.004m | €0.001m | €0.006m | €0.02m | €0.02m | ▲ 25.2% |
| Recurring financial income75 | €0.003m | €0.01m | €0.003m | €0.004m | €0.001m | €0.006m | €0.02m | €0.02m | ▲ 25.2% |
| Other financial income752/9 | - | - | - | - | €0.001m | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.03m | €0.03m | €0.03m | €0.05m | €0.07m | ▲ 47.5% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | €0.03m | €0.05m | €0.07m | ▲ 47.5% |
| Other financial charges652/9 | - | - | - | - | €0.03m | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.2m | €0.3m | €0.2m | €0.3m | €0.2m | €0.2m | €0.01m | ▼ 93.7% |
| Transfer from deferred taxes780 | - | - | - | - | - | €0.001m | - | - | - |
| Income taxes67/77 | €0.02m | €0.03m | €0.03m | €0.02m | €0.04m | €0.05m | €0.04m | €419 | ▼ 99.1% |
| Taxes670/3 | - | - | - | - | €0.04m | - | - | - | - |
| Profit (loss) for the period9904 | €0.1m | €0.1m | €0.3m | €0.2m | €0.3m | €0.1m | €0.2m | €0.01m | ▼ 92.2% |
| Profit (loss) for the period to be appropriated9905 | €0.01m | €0.1m | €0.3m | €0.2m | €0.3m | €0.1m | €0.2m | €0.01m | ▼ 92.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.4m | €1.6m | €2.7m | €3.9m | €4.1m | €4.2m | €4.2m | €5.2m | ▲ 21.8% |
| Fixed assets21/28 | €0.8m | €0.8m | €2.1m | €3.1m | €3.3m | €3.5m | €3.5m | €4.4m | ▲ 23.7% |
| Tangible fixed assets22/27 | €0.8m | €0.8m | €2.1m | €3.1m | €3.3m | €3.5m | €3.5m | €4.4m | ▲ 23.8% |
| Land and buildings22 | - | - | - | €2.2m | €2.1m | €2.4m | €2.4m | €3.4m | ▲ 39.1% |
| Plant, machinery and equipment23 | - | - | - | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 5.3% |
| Furniture and vehicles24 | - | - | - | €0.2m | €0.3m | €0.2m | €0.2m | €0.1m | ▼ 34.6% |
| Leasing and similar rights25 | - | - | - | €0.5m | €0.5m | €0.6m | €0.7m | €0.7m | ▼ 3.4% |
| Financial fixed assets28 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Other financial fixed assets284/8 | - | - | - | - | €0.01m | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | €0.01m | - | - | - | - |
| Current assets29/58 | €0.6m | €0.7m | €0.6m | €0.7m | €0.8m | €0.7m | €0.7m | €0.8m | ▲ 11.9% |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.3m | €0.5m | €0.4m | ▼ 10.7% |
| Trade receivables40 | - | - | - | €0.4m | €0.4m | €0.3m | €0.4m | €0.4m | ▼ 7.0% |
| Other amounts receivable41 | - | - | - | €0.02m | €0.005m | €0.02m | €0.03m | €0.008m | ▼ 70.7% |
| Cash at bank and in hand54/58 | €0.2m | €0.4m | €0.2m | €0.3m | €0.4m | €0.3m | €0.2m | €0.3m | ▲ 58.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.03m | €0.002m | €0.004m | €0.005m | €0.008m | ▲ 72.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.4m | €1.6m | €2.7m | €3.9m | €4.1m | €4.2m | €4.2m | €5.2m | ▲ 21.8% |
| Equity10/15 | €0.4m | €0.5m | €0.8m | €1.0m | €1.3m | €1.4m | €1.6m | €1.6m | ▲ 0.3% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.2m | €0.3m | €0.6m | €0.8m | €1.0m | €1.1m | €1.1m | €1.1m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | - | - | - |
| Other1319 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Tax-exempt reserves132 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Distributable reserves133 | - | - | - | €0.7m | €0.9m | €1.0m | €1.0m | €1.0m | = |
| Profit (loss) carried forward14 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.4m | €0.4m | ▲ 3.2% |
| Investment grants15 | - | - | - | - | - | €0.05m | €0.1m | €0.1m | ▼ 6.3% |
| Provisions and deferred taxes16 | - | - | - | - | - | €0.01m | - | - | - |
| Deferred taxes168 | - | - | - | - | - | €0.01m | - | - | - |
| Amounts payable17/49 | €0.9m | €1.0m | €1.9m | €2.9m | €2.8m | €2.9m | €2.7m | €3.6m | ▲ 34.7% |
| Amounts payable after more than one year17 | €0.5m | €0.6m | €1.4m | €2.2m | €2.1m | €2.1m | €2.1m | €3.0m | ▲ 44.1% |
| Financial debts170/4 | - | - | - | €2.2m | €2.1m | €2.1m | €2.1m | €3.0m | ▲ 44.1% |
| Credit institutions173 | - | - | - | - | €2.1m | - | - | - | - |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.4m | €0.7m | €0.7m | €0.7m | €0.6m | €0.6m | ▲ 1.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 2.1% |
| Trade debts44 | €0.09m | €0.07m | €0.05m | €0.1m | €0.2m | €0.05m | €0.08m | €0.09m | ▲ 10.6% |
| Suppliers440/4 | - | - | - | €0.09m | €0.2m | €0.05m | €0.08m | €0.09m | ▲ 10.6% |
| Bills of exchange payable441 | - | - | - | €0.01m | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 9.9% |
| Taxes450/3 | - | - | - | €240 | €0.06m | €0.02m | €0.02m | €0.02m | ▲ 8.8% |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.07m | €0.09m | €0.09m | €0.1m | ▲ 10.1% |
| Other amounts payable47/48 | - | - | - | €0.005m | €0.001m | €0.1m | €0.001m | €0.001m | ▲ 98.7% |
| Accrued charges and deferred income492/3 | - | - | - | €190 | - | €0.003m | €141 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.1m | €0.1m | €0.3m | €0.2m | €0.3m | €0.1m | €0.2m | €0.01m | ▼ 92.2% |
| + Depreciation and write-downs630 | €0.2m | €0.4m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 21.9% |
| Operating cash flow (approximation) | €0.3m | €0.5m | €0.6m | €0.5m | €0.7m | €0.6m | €0.6m | €0.5m | ▼ 9.5% |
| Investment in fixed assets (approximation) | - | -€0.4m | -€1.6m | -€1.4m | -€0.5m | -€0.7m | -€0.4m | -€1.4m | ▼ 224% |
| Change in cash | - | €0.2m | -€0.2m | €0.08m | €0.06m | -€0.05m | -€0.1m | €0.1m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 50 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-06-2026 | 2026-00224194 |
| 31-12-2024 | full format | 11-08-2025 | 2025-00368692 |
| 31-12-2023 | abbreviated format | 21-08-2024 | 2024-00354661 |
| 31-12-2023 | full format | 05-08-2024 | 2024-00327261 |
| 31-12-2022 | unclassified schema | 14-08-2023 | 2023-00328930 |
| 31-12-2021 | full format | 23-06-2022 | 2022-20128602 |
| 31-12-2020 | full format | 22-06-2021 | 2021-23500037 |
| 31-12-2019 | full format | 15-07-2020 | 2020-30200216 |
| 31-12-2018 | full format | 29-08-2019 | 2019-54800138 |
| 31-12-2017 | full format | 28-08-2018 | 2018-51400130 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- un actionnaire all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 28-03-2025 Capital stated in the deed · 750 shares
Group and network
Connections & network
No directors read yet: 1 of 4 Gazette acts processed.
History
Acts, filings and financial milestones
28-03
Gazette deed
Purpose · Legal-form changeCapital · Approval · Purpose change15 facts ▸
- General meeting, 20-03-2025
- Other provision, “immatriculation BCE et TVA, RPM Liège division Neufchâteau” (deed in French)
- Other provision, “dépôt et vérification des documents, Notaire examine documents et reconnaît l’exactitude des propos tenus” (deed in French)
- Other provision, “conformité admission assemblée, actionnaires se sont conformés aux dispositions contenues dans les statuts” (deed in French)
- Capital
- Other provision, “constitution assemblée, légalement constituée et peut délibérer et statuer valablement sur tous points ordre du jour” (deed in French)
- Other provision, “information de l’actionnaire, reçu gratuitement dans délai suffisant copie documents sociaux ou possibilité d’en prendre connaissance conformément à Loi” (deed in French)
- Other provision, “dispense de lecture du rapport, Première résolution A” (deed in French)
- Approval, “approbation du rapport objet, Greffe du Tribunal de l’entreprise de Liège division Neufchâteau en même temps qu’expédition du procès-verbal” (deed in French)
- Purpose change
- Power of attorney, Augustin Fosséprez
- Power of attorney
- +3 further facts in this act
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the KBO register.
Marvie 76600 Bastogne1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 82302C1034/00Y000 | Wallonia | 2,159 m² | - | - |
How the parcels are linked
Articles of association
- Other provisionsOther rules from the articles that fall under none of the themes above.
- 3 more provisions in the deed, see the deed of 28-03-2025
Read from the deeds: 3 provisions, deed of 28-03-2025