WOTIC
ActiveWOTIC has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €178k and a net result of €-1k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 61% of 8969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▲+1
Solvency91▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.25 against 0.23 in 2023; short-term debt: 19.2% and cash: 4.7% of total assets), and 33.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
66.4%
Return on assets
-0.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-05-2025, 65 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
65 d early
2023
56 d early
2022
63 d early
2021
61 d early
2020
38 d early
2019
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€178k▼ 0.6%
2023 · €179k
2018: €195k
2019: €190k
2020: €190k
2021: €190k
2022: €183k
2023: €179k
2018 → 2024
Total assets
€269k▼ 4.2%
2023 · €281k
2018: €340k
2019: €329k
2020: €320k
2021: €313k
2022: €294k
2023: €281k
2018 → 2024
Net result
€-1k▲ 68.1%
2023 · €-3k
2018: €-5k
2019: €-5k
2020: €-82
2021: €93
2022: €-7k
2023: €-3k
2018 → 2024
Working capital
€-38k▲ 17.7%
2023 · €-47k
2018: €-74k
2019: €-69k
2020: €-60k
2021: €-53k
2022: €-51k
2023: €-47k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€190k-€190k=€183k▼ 3.8%€179k▼ 1.9%€178k▼ 0.6%
Operating result€-2k-€-1k▲ 30.8%€-9k▼ 558%€-5k▲ 45.6%€-3k▲ 46.6%
Net result€-82-€93€-7k€-3k▲ 53.3%€-1k▲ 68.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €5k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €269k
Fixed assets
€256k▼ 4.2%
Current assets
€13k▼ 5.0%
Equity and liabilities €269k
Equity
€178k▼ 0.6%
Provisions
€39k▼ 4.5%
Debt
€52k▼ 14.8%
The debt ratio falls from 21.5% to 19.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9k▲
2023 · €6k
Cash flow
€10k▲
2023 · €7k
Solvency
66.4%▲
2023 · 63.9%
Current ratio
0.25▲
2023 · 0.23
Quick ratio
0.25▲
2023 · 0.23
Debt / equity
0.29▼
2023 · 0.34
ROE
-0.6%▲
2023 · -1.9%
ROA
-0.4%▲
2023 · -1.2%
Interest coverage
21.12▲
2023 · 11.09
Debt
€52k▼
2023 · €60k
Debt ≤ 1 year
€52k▼
2023 · €60k
Income taxes
€-28▼
2023 · €6
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€281k€269k▼
Fixed assets21/28€267k€256k▼
Tangible fixed assets22/27€257k€245k▼
Land and buildings22€254k€244k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€784€446▼
Financial fixed assets28€10k€10k=
Current assets29/58€14k€13k▼
Amounts receivable within one year40/41€12€12=
Other amounts receivable41€12€12=
Cash at bank and in hand54/58€14k€13k▼
Deferred charges and accrued income490/1€255€529▲
Equity and liabilities
Total equity and liabilities10/49€281k€269k▼
Equity10/15€179k€178k▼
Contributions10/11€6k€6k=
Reserves13€181k€177k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€79k€76k▼
Distributable reserves133€100k€100k=
Profit (loss) carried forward14€-8k€-5k▲
Provisions and deferred taxes16€41k€39k▼
Deferred taxes168€41k€39k▼
Amounts payable17/49€60k€52k▼
Amounts payable within one year42/48€60k€52k▼
Trade debts44€71€231▲
Suppliers440/4€71€231▲
Other amounts payable47/48€60k€51k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A-€13
Gross operating margin9900€8k€11k▲
Operating profit (loss)9901€-5k€-3k▲
Financial income75/76B€94€0▼
Recurring financial income75€94€0▼
Financial charges65/66B€551€409▼
Recurring financial charges65€551€409▼
Profit (loss) for the period before taxes9903€-5k€-3k▲
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€6€-28▼
Profit (loss) for the period9904€-3k€-1k▲
Transfer from tax-exempt reserves789€4k€4k=
Profit (loss) for the period to be appropriated9905€214€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-5k▲
Profit (loss) brought forward from the previous period14P€-8k€-8k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
21-05
State Gazette act
Purpose · Resignations & appointments · RestructuringGeneral meeting · Merger · Accounting effect11 facts ▸
State Gazette act
Purpose · Resignations & appointments · Restructuring
General meeting · Merger · Accounting effect11 facts ▸
- General meeting, 2026-04-13
- Merger, met fusie door overneming gelijkgestelde verrichting, 2026-04-13
- Accounting effect, 2026-01-01
- Purpose change, De vennootschap heeft tot voorwerp: I. - Voor eigen rekening, voor rekening van derden of in samenwerking met derden 1° het schrijven en/of aanleveren van tekst…
- Mandate compensation, BALLON Paul Louis Jules
- Mandate compensation, VAN AKEN Lea Augusta
- Statutes amendment
- Capital
- Merger proposal, 2026-02-12
- Merger proposal filing, 2026-02-24
- Merger proposal publication, 2026-03-05
05-03
State Gazette act
RestructuringBoard meeting · Merger · Accounting effect4 facts ▸
State Gazette act
Restructuring
Board meeting · Merger · Accounting effect4 facts ▸
- Board meeting, 2026-02-12
- Merger, met fusie door overneming gelijkgestelde verrichting
- Accounting effect, 2026-01-01
- Power of attorney, Luyten & Spruyt BV
2025
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-7k ▼7872%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €93
Net result €93 after 3 loss-making years.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 2. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 2001
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.
Mgr. Scheppersstraat 592800 Mechelen1 establishment unit
Mgr. Scheppersstraat 59, 2800 Mechelen
since 20012.252.722.060
Structure & network
Acquisitions and mergers
1 transactionTook over:ELVACO
Recognitions · licences · registrations
Legal Entity Identifier
875500SJ854DQ3EV7N61
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 2,865 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-06-1994
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filings
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.