Losses
-€262,823 in nine years
Every financial year from 2016 to 2025 closed with a loss. 2024 was the heaviest.
WIVAN
Lifetime
19 annual accounts with figures on one time axis, 34 filings since 1991peak €30,964 (2008)
€15,980▼ 11.3%
lowest -€69,887 (2024)
-€35,857▲ €34,030
peak €2.8m (2021)
€2.7m▼ 1.3%
€41,229▲ 7.6%
Board4 names since 2015
3 directorsWittebols Karl and 2 others
Owners
Documentsfilings and deeds
08-04-202622 days before the deadline
2025micro format
Loss of €35,857
Key points
from the 2025 annual accountsFilings
34 annual accounts since 1991
Six of the last ten came late. The 2018 accounts came latest: 141 days after the end of the period.
Position in the sector
-€35,857
Lower net result than 95% of companies in head offices and management consultancy. Sector median €27,167 · 39,351 companies.
Checked score
87
Excellent
Financially stronger than 52% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 2.6%▲ +1.1 percentage points vs 12-2024
02-2025: 2.6%● unchanged vs 01-2025
03-2025: 2.6%● unchanged vs 02-2025highest value
04-2025: 2.3%▼ -0.3 percentage points vs 03-2025
05-2025: 0.3%▼ -2.0 percentage points vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%▼ -0.2 percentage points vs 04-2026lowest value
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 1.34, cash €60
1 of the last 3 accounts late
lowers risk
Founded in 1990
Figures for financial year 2025 (filed on 09-04-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, small). It does better than 85% of them on solvency, 44% on liquidity, 52% on profitability and 26% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 8,617 companies had the same profile as WIVAN has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of WIVAN itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 8,617 companies, not a prediction for WIVAN. 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
Credit of up to €230,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.34 (1.14 in 2024), below the usual 1.5. Short-term debt is 1.5% and cash 0% of total assets. 1.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-04-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 days early
2024
14 days early
2022
63 days late
2021
26 days early
2020
30 days late
2019
14 days late
2018
141 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 27 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end06-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0440671592
3 directors appointed, 3 resignations, 3 reappointments
Reappointments: Wittebols Karl, Wittebols Carine and Wittebols · Resignations: Wittebols, Wittebols Karl and Wittebols Carine · Permanent representative: Wittebols Karl · General meeting of 07-12-2023 · Gazette deed
First establishment
Streekweg 2, Tielt-Winge
Incorporation
published on 07-06-1990 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WIVAN Tielt-Winge | €2.7m | €15,980 | 98.5% | - |
| BELCAN MANAGEMENT & INVESTMENTS Diest | €2.6m | €17,832 | 64.5% | - |
| Ketchum Molenbeek-Saint-Jean | €2.6m | €14,830 | 70.6% | 10.4 |
| ELSKENS J. Asse | €2.0m | €15,893 | 99.5% | - |
| P&P Halle | €2.8m | €10,925 | 72.9% | 1 |
| DUSART Tienen | €2.0m | €21,355 | 52.5% | - |
| TRAMONTO Antwerp | €3.0m | €20,130 | 85.3% | - |
These companies have the same main activity as WIVAN: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €2m and €3m, founded between 1986 and 1996.
Official details
Source: KBO- Status
- Active since 10-05-1990Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.048.430.0633390 Tielt-Winge, since 05-06-1990
- Financial year end
- 30 September
- Peppol
- Reachable since 15-12-2025
Annual accounts to 30-09-2025
- ≈ €75,000estimated
- €2.7m▼ 1.2%
- Filing
- Filed on 08-04-2026, 22 days before the end of the filing period
Insights on WIVAN
WIVAN files the micro format. That format states no turnover. The gross margin fell from €30,136 in 2006 to €15,980 in 2025.
The balance sheet grew most from 2015 to 2016 through fixed assets.
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 WIVAN
- What is the company number of WIVAN?
- The company number of WIVAN is 0440.671.592. The VAT number is the same number with BE in front: BE 0440.671.592.
- Where is WIVAN based?
- The registered office is at Streekweg 2, 3390 Tielt-Winge.Company details
- What does WIVAN do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of WIVAN?
- WIVAN is a public limited company (NV).
- When was WIVAN founded?
- WIVAN was founded on 10-05-1990.
- Is WIVAN still active?
- Yes, WIVAN is an active enterprise in the KBO register.
- What is the turnover of WIVAN?
- The turnover in financial year 2025 is ≈ €75,000. This figure is estimated from the gross margin of €15,980 and 204 comparable companies (NACE 70200). It probably lies between €36,000 and €150,000. It is a rough estimate.Financials
- Is WIVAN profitable?
- In financial year 2025, WIVAN made a loss of €35,857.
- Where can I find the annual accounts of WIVAN?
- WIVAN filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WIVAN due?
- WIVAN must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.