WITT
ActiveThe computed 12-month bankruptcy probability of WITT is 3.1% (moderate). The 2025 annual accounts show negative equity (€-98k) and a net result of €-100k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7692 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
16
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-97
Solvency0▼-26
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.67 against 0.85 in 2024; short-term debt: 113.8% and cash: 0.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-34.3%
Return on assets
-35%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-98k
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 27-07-2026, 4 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
4 d early
2024
30 d early
2023
20 d early
2022
6 d early
2021
11 d late
2020
32 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-98k
2024 · €2k
2019: €-17k
2020: €2k
2021: €-1k
2022: €-20k
2023: €2k
2024: €2k
2019 → 2025
Total assets
€286k▼ 10.6%
2024 · €320k
2019: €117k
2020: €212k
2021: €282k
2022: €342k
2023: €375k
2024: €320k
2019 → 2025
Net result
€-100k
2024 · €73k
2019: €-18k
2020: €19k
2021: €-3k
2022: €-19k
2023: €63k
2024: €73k
2019 → 2025
Working capital
€-107k▼ 167%
2024 · €-40k
2019: €-72k
2020: €-60k
2021: €-77k
2022: €-125k
2023: €-79k
2024: €-40k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-1k-€-20k▼ 1,845%€2k€2k=€-98k
Operating result€-22k-€-46k▼ 109%€34k€46k▲ 35.3%€-124k
Net result€-3k-€-19k▼ 538%€63k€73k▲ 17.2%€-100k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €124k after €46k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €286k
Fixed assets
€68k▼ 30.0%
Current assets
€219k▼ 2.2%
Key figures and ratios
EBITDA
€-96k▼
2024 · €88k
Cash flow
€-73k▼
2024 · €115k
Solvency
-34.3%▼
2024 · 0.6%
Current ratio
0.67▼
2024 · 0.85
Quick ratio
0.27▼
2024 · 0.43
Debt / equity
-3.91
ROA
-35.0%▼
2024 · 22.9%
Interest coverage
-9.50▼
2024 · 10.55
Debt
€385k▲
2024 · €318k
Debt ≤ 1 year
€326k▲
2024 · €264k
Debt > 1 year
€59k▲
2024 · €54k
Income taxes
€402▼
2024 · €3k
Staff costs
€450k▼
2024 · €486k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€320k€286k▼
Fixed assets21/28€96k€68k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€89k€60k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€30k€15k▼
Leasing and similar rights25€33k€22k▼
Other tangible fixed assets26€24k€22k▼
Financial fixed assets28€7k€7k=
Current assets29/58€224k€219k▼
Amounts receivable after more than one year29€8k€8k▲
Other amounts receivable291€8k€8k▲
Stocks and contracts in progress3€110k€132k▲
Stocks30/36€110k€132k▲
Amounts receivable within one year40/41€62k€77k▲
Trade receivables40€57k€68k▲
Other amounts receivable41€5k€9k▲
Cash at bank and in hand54/58€40k€2k▼
Deferred charges and accrued income490/1€4k€0▼
Equity and liabilities
Total equity and liabilities10/49€320k€286k▼
Equity10/15€2k€-98k▼
Contributions10/11€1k€1k=
Reserves13€934€934=
Distributable reserves133€934€934=
Profit (loss) carried forward14€0€-100k▼
Amounts payable17/49€318k€385k▲
Amounts payable after more than one year17€54k€59k▲
Financial debts170/4€54k€59k▲
Amounts payable within one year42/48€264k€326k▲
Current portion of amounts payable after more than one year42€17k€7k▼
Financial debts43€50k€50k=
Credit institutions430/8€50k€50k=
Trade debts44€62k€146k▲
Suppliers440/4€62k€146k▲
Taxes, remuneration and social security45€35k€53k▲
Taxes450/3€8k€9k▲
Remuneration and social security454/9€27k€44k▲
Other amounts payable47/48€101k€70k▼
Accrued charges and deferred income492/3€750€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€486k€450k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€27k▼
Other operating charges640/8€6k€3k▼
Non-recurring operating charges66A€14k€0▼
Gross operating margin9900€594k€356k▼
Operating profit (loss)9901€46k€-124k▼
Financial income75/76B€38k€34k▼
Recurring financial income75€38k€34k▼
Financial charges65/66B€8k€10k▲
Recurring financial charges65€8k€10k▲
Profit (loss) for the period before taxes9903€76k€-100k▼
Income taxes67/77€3k€402▼
Profit (loss) for the period9904€73k€-100k▼
Profit (loss) for the period to be appropriated9905€73k€-100k▼
Appropriation of the result
Profit (loss) to be appropriated9906€73k€-100k▼
Profit (loss) brought forward from the previous period14P€0-
Profit to be distributed694/7€73k€0▼
Directors or managers695€73k€0▼
Social balance
Average headcount (FTE)90876.86.2▼
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-100k ▼237%
Net result drops to €-100k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2019net €73k ▲17.2%
Operating result €46k, net result €73k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €63k
Net result €63k after 2 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oude Bosuilbaan 272100 AntwerpenGround area
548 m²
Building footprint
221 m²
Volume, LiDAR
1,708 m³
Parcel 11012A0158/00E003, Flanders · tallest building 12.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
WITT
since 20192.294.169.368
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0158/00E003 | Flanders | 548 m² | 1 · 221 m² | 12.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,100 EUR awarded · 815 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 345 EUR | 203 EUR |
| 2024 | 1 | 143 EUR | 471 EUR |
| 2023 | 1 | 471 EUR | 141 EUR |
| 2022 | 1 | 141 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 20,031 companies in sector 43320 we hold annual accounts for 9,133. 1,425 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-09-2019
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
43343Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.