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WITS

Active
Public limited companyfounded 198441 yrs activeGeneraal Dumonceaulaan 58, 1190 Vorst, BelgiumKBO/BCE: BE 0426.744.273
Summary

The computed 12-month bankruptcy probability of WITS is 2.6% (moderate). The 2025 annual accounts show negative equity (-€434,397) and a net result of -€81,000. Equity is shrinking by ~25.4% per year across the filed fiscal years. Its solvency ranks better than 10% of 1666 sector peers (fiscal year 2025). The company has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
WITSActiveChecked score 50/100
Risk analysis ReportCompare

Overview

Activity
Computer consultancy and computer facilities management
NACE 62200IT consultancy NACE 62020NACE 72100
#1 oldest company in Vorst, Telecoms and IT sector2 sites
Size
€766,379total assets 2025
Staff
15.1 FTE
Equity
-€434,397
Loss
-€81,000
Net result +71%: 18-month year
Financial health
50 Fair Checked score 2025
Bankruptcy chance 12 m
2.6%
Structure
Accounts 2 d early0 of 18 deeds read
Why 50- Negative equity -€434,397- Loss of €81,000, the second in a row (FY 2025)- Size: 15.1 FTE, total assets €766,379- Liquidity: current ratio 0.91, cash €10,947Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 16% of its sector peers (NACE 62, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0-26
equity -56.7% of total assets
Liquidity 16-19
short-term debt 67.2% · cash 1.4%
Profitability 56+54
return on assets -10.6%
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (1,156 companies)
Last 24 months 11-2024: 0.5%lowest value 12-2024: 0.5%▲ +1.7% vs 11-2024 01-2025: 1.8%▲ +266% vs 12-2024 02-2025: 1.8%● 0.0% vs 01-2025 03-2025: 1.8%● 0.0% vs 02-2025 04-2025: 1.8%● 0.0% vs 03-2025 05-2025: 1.8%● 0.0% vs 04-2025 06-2025: 1.8%● 0.0% vs 05-2025 07-2025: 1.8%● 0.0% vs 06-2025 08-2025: 1.8%▲ +1.7% vs 07-2025 09-2025: 1.8%▲ +0.6% vs 08-2025 10-2025: 1.8%▲ +2.1% vs 09-2025 11-2025: 1.8%● 0.0% vs 10-2025 12-2025: 1.9%▲ +1.5% vs 11-2025 01-2026: 2.0%▲ +6.6% vs 12-2025 02-2026: 2.3%▲ +14.8% vs 01-2026 03-2026: 2.6%▲ +15.8% vs 02-2026 04-2026: 3.2%▲ +21.5% vs 03-2026 05-2026: 3.2%▲ +1.3% vs 04-2026 06-2026: 3.4%▲ +3.8% vs 05-2026 07-2026: 4.4%▲ +31.4% vs 06-2026highest value 08-2026: 2.6%▼ -40.3% vs 07-2026 09-2026: 2.6%● 0.0% vs 08-2026 10-2026: 2.6%● 0.0% vs 09-2026
  • Negative equity -€434,397 raises the probability
  • Loss of €81,000, the second in a row (FY 2025) raises the probability
  • Size: 15.1 FTE, total assets €766,379 raises the probability for this profile
  • Liquidity: current ratio 0.91, cash €10,947 raises the probability
No credit on open account
Liquidity short (current ratio 0.91 against 1.07 in 2024; short-term debt: 67.2% and cash: 1.4% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 62, small). Better than this share of them on solvency 2%, liquidity 10%, profitability 36%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity -€434,397
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Loss of €81,000, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Size: 15.1 FTE, total assets €766,379
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.91, cash €10,947
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18192022232425
2018 to 2025 · latest year -€434,397
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
32 d early
2023
6 d early
2022
22 d early
2020
13 d late
2019
31 d late
2018
33 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Weakest financial yearnet -€276,998

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€434,397 View
  • Caution: Among the weakest 8% on equitysector median €426,315 · 1,665 companies -€434,397 View
  • Result rose in 202518-month fiscal year ▲ 70.8% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€81,000 View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2025
Total assets
€766,379
Loss
-€81,000
Solvency
-56.7%
Total assets▼ 62.1%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2016
  1. 29-07-2026Annual accounts filed
  2. 30-12-2024Annual accounts filed
  3. 30-06-2024Weakest financial year
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Computer consultancy and computer facilities managementNACE 62200
Founded
19-12-1984
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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