Equity
€188,126 from €378,600 in 2006
Equity fell by 50% in 19 years.
WITTEXCO
Lifetime
20 annual accounts with figures on one time axis, 37 filings since 1989peak €31,252 (2006)
€22,120▼ 4.3%
lowest -€302,243 (2009)
€11,749▼ 7.2%
peak €378,600 (2006)
€188,126▲ 6.7%
€4,277▼ 70.2%
Board5 names since 2017
5 directors and 4 others
Owners2 names in the annual accounts
100%
Documentsfilings and deeds
22-09-202653 days late
2025abbreviated format
Debts from €14,329 to €4,277Cash from €80,968 to €4,218
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as WITTEXCO has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,356 companies, not a prediction for WITTEXCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Managing director
Managing director
Director, since 11-01-2017
Director, since 11-01-2017
Director
- 100%score equity €4.5m (2025) · annual accounts 2025
Recent changes
Environmental permit granted
Verbouwen en/of uitbreiden van bijgebouwen, niet-overdekte lage constructies of wijzigen van andere beperkte handelingen · Asse
2 directors appointed, 3 reappointments
Reappointments: , and · Appointments: (managing director) and (managing director) · Director discharge: · General meeting of 30-08-2023 · Gazette deed
3 directors appointed, 2 reappointments
Reappointments: and · Appointments: , (managing director) and (managing director) · Board meeting of 15-08-2017 · Gazette deed
First establishment
Steenweg op Asse 69, Merchtem
Official details
Source: KBO- Status
- Active since 03-03-1989Normal situation
- Activity
- “Het expertiseren,schatten,van schade aan alle onroerende en roerende goederen voornamelijk rollen materieel,en dit zowel…” (deed in Dutch)From the articles, 3 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.042.730.8191785 Merchtem, since 30-03-1989
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on WITTEXCO
WITTEXCO files the abbreviated format. That format states no turnover. The gross margin fell from €31,252 in 2006 to €22,120 in 2025.
holds all the shares. In October 2023, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WITTEXCO
- What is the company number of WITTEXCO?
- The company number of WITTEXCO is 0436.959.165. The VAT number is the same number with BE in front: BE 0436.959.165.
- Where is WITTEXCO based?
- The registered office is at Steenweg op Asse 69, 1785 Merchtem.Company details
- What is the legal form of WITTEXCO?
- WITTEXCO is a public limited company (NV).
- When was WITTEXCO founded?
- WITTEXCO was founded on 03-03-1989.
- Is WITTEXCO still active?
- Yes, WITTEXCO is an active enterprise in the KBO register.
- What is the turnover of WITTEXCO?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €22,120 and 2,729 comparable companies of the same size. It probably lies between €62,000 and €380,000. It is a rough estimate.Financials
- Is WITTEXCO profitable?
- In financial year 2025, WITTEXCO made a profit of €11,749.
- Where can I find the annual accounts of WITTEXCO?
- WITTEXCO filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WITTEXCO due?
- WITTEXCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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