WITTE RAVEN PROJECT
ActiveWITTE RAVEN PROJECT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €-4k. Equity is growing by ~32.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability23▼-77
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
short-term debt: 0.3% and cash: 100% of total assets, and 0.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 31-12-2025, 90 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
90 d early
2024
103 d early
2023
135 d early
2022
102 d early
2021
98 d early
2020
168 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-08-2026 close22-09-2026 today31-03-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€74k▼ 5.5%
2024 · €78k
2020: €18k
2021: €35k
2022: €28k
2023: €39k
2024: €78k
2020 → 2025
Total assets
€74k▼ 5.1%
2024 · €78k
2020: €18k
2021: €35k
2022: €28k
2023: €39k
2024: €78k
2020 → 2025
Net result
€-4k
2024 · €40k
2020: €18k
2021: €16k
2022: €-6k
2023: €10k
2024: €40k
2020 → 2025
Working capital
€74k
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€28k▼ 17.6%€39k▲ 35.5%€78k▲ 103%€74k▼ 5.5%
Operating result€17k-€-6k€10k€40k▲ 293%€-5k
Net result€16k-€-6k€10k€40k▲ 294%€-4k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €40k in 2024.
Balance-sheet composition
Equity and liabilities €74k
Equity
€74k
Debt
€270
Debt finances 0.4% of the balance-sheet total.
Key figures and ratios
Solvency
99.6%▼
2024 · 100.0%
Debt / equity
0.00
ROE
-5.8%▼
2024 · 50.8%
ROA
-5.8%▼
2024 · 50.8%
Debt
€270
Debt ≤ 1 year
€224
A ratio outside any meaningful range has been withheld (balance sheet total €74k, equity €74k).
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€78k€74k▼
Current assets29/58€78k€74k▼
Cash at bank and in hand54/58€78k€74k▼
Equity and liabilities
Total equity and liabilities10/49€78k€74k▼
Equity10/15€78k€74k▼
Profit (loss) carried forward14€78k€74k▼
Amounts payable17/49-€270
Amounts payable within one year42/48-€224
Trade debts44-€224
Suppliers440/4-€224
Accrued charges and deferred income492/3-€46
Income statement
Code20242025
Gross operating margin9900€40k€-5k▼
Operating profit (loss)9901€40k€-5k▼
Financial income75/76B-€445
Recurring financial income75-€445
Financial charges65/66B€49€45▼
Recurring financial charges65€49€45▼
Profit (loss) for the period before taxes9903€40k€-4k▼
Profit (loss) for the period9904€40k€-4k▼
Profit (loss) for the period to be appropriated9905€40k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€78k€74k▼
Profit (loss) brought forward from the previous period14P€39k€78k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-08
Financial
Highest result since 2020net €40k ▲294%
Operating result €40k, net result €40k, both a record.
2023
17-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-08
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-08
Financial
Weakest financial yearnet €-6k ▼137%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
14-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Niklaas
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.
Vijfstraten 1599100 Sint-NiklaasGround area
656 m²
Building footprint
113 m²
Volume, LiDAR
710 m³
Parcel 46447B0751/00A003, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46447B0751/00A003 | Flanders | 656 m² | 1 · 113 m² | 9.3 m · 2 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.
Similar companies · same sector, comparable size
FUNRA
BE 0824.837.916
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BRAVOURE
BE 0841.893.979
Anzegem · Eq €74k
STERQ
BE 0755.861.612
Kortrijk · Eq €74k
EESTERMANS BLOEMBOLLEN
BE 0465.567.633
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Design District
BE 0640.999.061
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Of 4,245 companies in sector 47789 we hold annual accounts for 1,020. 799 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded22-05-2019
Fiscal year end31-08
Activities, NACEBEL
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:voorzitter@witteravenproject.be