WITVER
ActiveThe computed 12-month bankruptcy probability of WITVER is 2.8% (moderate). The 2025 annual accounts show equity of €66k and a net result of €14k. Equity is growing by ~35.4% per year across the filed fiscal years. Its solvency ranks better than 33% of 1543 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-2
Solvency39▲+4
Growth52=
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.19 against 0.12 in 2024; short-term debt: 77.9% and cash: 11% of total assets), and 86.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.9%
Return on assets
2.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
34 d late
2024
28 d late
2023
29 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€66k▲ 26.8%
2024 · €52k
2023: €29k
2024: €52k
2023 → 2025
Total assets
€476k▼ 8.4%
2024 · €520k
2023: €550k
2024: €520k
2023 → 2025
Net result
€14k▼ 39.3%
2024 · €23k
2023: €28k
2024: €23k
2023 → 2025
Working capital
€-300k▲ 21.7%
2024 · €-383k
2023: €-418k
2024: €-383k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€29k-€52k▲ 78.8%€66k▲ 26.8%
Operating result€41k-€42k▲ 2.5%€29k▼ 30.5%
Net result€28k-€23k▼ 18.4%€14k▼ 39.3%
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 falls in 2025; 2025 is 31% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €476k
Fixed assets
€405k▼ 13.0%
Current assets
€71k▲ 30.5%
Equity and liabilities €476k
Equity
€66k▲ 26.8%
Debt
€410k▼ 12.4%
The debt ratio falls from 89.9% to 86.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€90k▼
2024 · €99k
Cash flow
€75k▼
2024 · €80k
Solvency
13.9%▲
2024 · 10.1%
Current ratio
0.19▲
2024 · 0.12
Quick ratio
0.18▲
2024 · 0.11
Debt / equity
6.18▼
2024 · 8.93
ROE
21.1%▼
2024 · 44.1%
ROA
2.9%▼
2024 · 4.4%
Interest coverage
10.49▲
2024 · 9.99
Debt
€410k▼
2024 · €467k
Debt ≤ 1 year
€370k▼
2024 · €437k
Debt > 1 year
€36k▲
2024 · €24k
Income taxes
€7k▼
2024 · €9k
Staff costs
€239k▼
2024 · €243k
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€520k€476k▼
Fixed assets21/28€466k€405k▼
Intangible fixed assets21€1€1▼
Tangible fixed assets22/27€466k€405k▼
Plant, machinery and equipment23€441k€388k▼
Furniture and vehicles24€9k€6k▼
Other tangible fixed assets26€16k€12k▼
Financial fixed assets28-€225
Current assets29/58€54k€71k▲
Stocks and contracts in progress3€6k€5k▼
Stocks30/36€6k€5k▼
Amounts receivable within one year40/41€12k€13k▲
Trade receivables40€693€3k▲
Other amounts receivable41€11k€10k▼
Cash at bank and in hand54/58€34k€52k▲
Deferred charges and accrued income490/1€3k€239▼
Equity and liabilities
Total equity and liabilities10/49€520k€476k▼
Equity10/15€52k€66k▲
Contributions10/11€1k€1k=
Reserves13€51k€65k▲
Distributable reserves133€51k€65k▲
Amounts payable17/49€467k€410k▼
Amounts payable after more than one year17€24k€36k▲
Financial debts170/4€24k€36k▲
Amounts payable within one year42/48€437k€370k▼
Current portion of amounts payable after more than one year42€32k€33k▲
Trade debts44€74k€58k▼
Suppliers440/4€74k€58k▼
Taxes, remuneration and social security45€53k€43k▼
Taxes450/3€23k€17k▼
Remuneration and social security454/9€30k€26k▼
Other amounts payable47/48€279k€237k▼
Accrued charges and deferred income492/3€7k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€243k€239k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€61k▲
Other operating charges640/8€5k€5k▼
Gross operating margin9900€348k€333k▼
Operating profit (loss)9901€42k€29k▼
Financial income75/76B€99€555▲
Recurring financial income75€99€555▲
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€32k€21k▼
Income taxes67/77€9k€7k▼
Profit (loss) for the period9904€23k€14k▼
Profit (loss) for the period to be appropriated9905€23k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€14k▼
Transfer to equity691/2€23k€14k▼
To other reserves6921€23k€14k▼
The notes to these accounts (12 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
03-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 34 days late
2025
31-12
Financial
Weakest financial yearnet €14k ▼39.3%
Net result drops to €14k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tielt · 2 establishment units since 2023
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.
Steenbakkerstraat 798700 TieltGround area
857 m²
Building footprint
567 m²
Volume, LiDAR
3,332 m³
2 parcels, Flanders · tallest building 12.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Brood & banket Bjorn
since 20232.345.786.137
Brood & banket Bjorn
since 20232.345.786.236
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37303I0420/00M002 | Flanders | 610 m² | 1 · 336 m² | 9.5 m · 2 fl. |
| 37303H0133/00R000 | Flanders | 247 m² | 1 · 231 m² | 12.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2025 · 1 entry · 2,420 EUR awarded · 2,420 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,420 EUR | 2,420 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Recognitions · licences · registrations
Food safety, FASFC
2 sitesTielt2.345.786.137
Tielt2.345.786.236
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ATELIER BY...MAX ET SANDRA
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Of 4,227 companies in sector 10712 we hold annual accounts for 1,871. 1,583 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-2023
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
47242Retail sale of chocolate and confectionery
47252Retail sale of beverages, general range
47271Retail trade
47279Other retail sale of food
47291Retail trade
47299Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.