WITTH
ActiveSummary
WITTH has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€19,600) and a net result of -€3,916. Equity is shrinking by about 21% per year across the filed financial years. Its solvency ranks better than 5% of 2,756 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €3,833 in 2025 against €1,827 in 2024; the loss grows and 2025 has 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.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: 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.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85.5% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 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% | 1.0% |
| 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 6,906 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 |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €70 | €70 | €70 | €0 | - | - | €80 | €340 | ▲ 326% |
| Gross operating margin9900 | €690 | €23 | -€1,821 | -€1,705 | -€1,562 | -€2,815 | -€1,747 | -€3,493 | ▼ 100.0% |
| Operating profit (loss)9901 | €273 | -€395 | -€1,892 | -€1,705 | -€1,562 | -€2,815 | -€1,827 | -€3,833 | ▼ 110% |
| Financial income75/76B | - | - | - | €0 | - | - | - | - | - |
| Recurring financial income75 | €0 | - | €1 | €0 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €76 | €122 | €79 | €86 | €83 | ▼ 4.1% |
| Recurring financial charges65 | €138 | €84 | €119 | €76 | €122 | €79 | €86 | €83 | ▼ 4.1% |
| Profit (loss) for the period before taxes9903 | €134 | -€479 | -€2,010 | -€1,781 | -€1,684 | -€2,894 | -€1,913 | -€3,916 | ▼ 105% |
| Income taxes67/77 | €0 | - | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €134 | -€479 | -€2,010 | -€1,781 | -€1,684 | -€2,894 | -€1,913 | -€3,916 | ▼ 105% |
| Profit (loss) for the period to be appropriated9905 | €134 | -€479 | -€2,010 | -€1,781 | -€1,684 | -€2,894 | -€1,913 | -€3,916 | ▼ 105% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1,325 | €286 | €587 | €413 | €230 | €107 | €3,938 | €3,190 | ▼ 19.0% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €140 | €70 | €0 | - | - | - | €1,619 | €1,279 | ▼ 21.0% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €140 | €70 | €0 | - | - | - | €1,619 | €1,279 | ▼ 21.0% |
| Furniture and vehicles24 | - | - | - | - | - | - | €1,619 | €1,279 | ▼ 21.0% |
| Financial fixed assets28 | €0 | - | - | - | - | - | - | - | - |
| Current assets29/58 | €1,185 | €216 | €587 | €413 | €230 | €107 | €2,319 | €1,911 | ▼ 17.6% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €1,026 | €0 | €571 | €10 | €35 | €12 | €0 | €1,000 | - |
| Trade receivables40 | - | - | - | €10 | €35 | €12 | €0 | €1,000 | - |
| Current investments50/53 | €0 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €159 | €216 | €16 | €403 | €194 | €95 | €7 | €679 | ▲ 9,500% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €2,312 | €232 | ▼ 90.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1,325 | €286 | €587 | €413 | €230 | €107 | €3,938 | €3,190 | ▼ 19.0% |
| Equity10/15 | -€4,925 | -€5,404 | -€7,414 | -€9,194 | -€10,878 | -€13,772 | -€15,685 | -€19,600 | ▼ 25.0% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €3,500 | €3,500 | €3,500 | €3,500 | €3,500 | €3,500 | €3,500 | €3,500 | = |
| Non-distributable reserves130/1 | - | - | - | €500 | €500 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €500 | €500 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €3,000 | €3,000 | €3,500 | €3,500 | €3,500 | = |
| Profit (loss) carried forward14 | -€14,625 | -€15,104 | -€17,114 | -€18,894 | -€20,578 | -€23,472 | -€25,385 | -€29,300 | ▼ 15.4% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €6,251 | €5,690 | €8,001 | €9,608 | €11,108 | €13,879 | €19,623 | €22,790 | ▲ 16.1% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €6,251 | €5,690 | €8,001 | €9,608 | €11,108 | €13,879 | €19,623 | €22,790 | ▲ 16.1% |
| Trade debts44 | €477 | €572 | €0 | - | - | - | - | €2,284 | - |
| Suppliers440/4 | - | - | - | - | - | - | - | €2,284 | - |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €295 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | - | - | - | €295 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €9,608 | €11,108 | €13,879 | €19,328 | €20,507 | ▲ 6.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €134 | -€479 | -€2,010 | -€1,781 | -€1,684 | -€2,894 | -€1,913 | -€3,916 | ▼ 105% |
| + Depreciation and write-downs630 | €70 | €70 | €70 | €0 | - | - | €80 | €340 | ▲ 326% |
| Operating cash flow (approximation) | €204 | -€408 | -€1,940 | -€1,781 | -€1,684 | -€2,894 | -€1,833 | -€3,576 | ▼ 95.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - | - | €0 | - |
| Change in cash | - | €57 | -€199 | €387 | -€209 | -€100 | -€87 | €672 | - |
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 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-07-2026 | 2026-00380054 |
| 31-12-2024 | abbreviated format | 30-09-2025 | 2025-00522869 |
| 31-12-2023 | abbreviated format | 31-07-2024 | 2024-00321627 |
| 31-12-2022 | abbreviated format | 29-06-2023 | 2023-00174391 |
| 31-12-2021 | abbreviated format | 29-06-2022 | 2022-20115477 |
| 31-12-2020 | abbreviated format | 29-06-2021 | 2021-27400553 |
| 31-12-2019 | abbreviated format | 26-08-2020 | 2020-45300349 |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-59400032 |
| 31-12-2017 | abbreviated format | 30-08-2018 | 2018-58300026 |
| 31-12-2016 | abbreviated format | 29-09-2017 | 2017-65300327 |
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Subsidies and aid
Flemish government
2024 · 1 entry · €669 awarded · €669 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.