Losses
-€16,471 in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
WOTIC
Lifetime
20 annual accounts with figures on one time axis, 31 filings since 1995peak €167,320 (2011)
€9,889▼ 8.6%
lowest -€8,438 (2014)
-€4,758▼ €3,679
peak €202,925 (2015)
€173,587▼ 2.7%
€49,031▼ 4.8%
peak 1 FTE (2006)
-not published
Board4 names since 2021
1 directorVan Aken Lea
Documentsfilings and deeds
26-06-202635 days before the deadline
2025micro format
Loss of €4,758Cash from €12,551 to €17,353
Key points
from the 2025 annual accountsTurnover
≈ €56,000 estimated
The micro format states no turnover.
Filings
31 annual accounts since 1995
The last five annual accounts were filed 35 to 65 days before the end of the period.
Restructuring
2026
Merger with ELVACO. Merger on 13-04-2026.
Board
3 joined · 1 left
Board changed. Latest change 21-05-2026 · 3 in office.
Position in the sector
-€4,758
Lower net result than 81% of companies in advertising and market research. Sector median €14,764 · 8,615 companies.
Checked score
91
Excellent
Financially stronger than 43% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.2%▲ +0.1 percentage points vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.1%▼ -0.1 percentage points vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.1%▼ -0.4 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Founded in 1994
Size: total assets €259,681
Figures for financial year 2025 (filed on 26-06-2026)
Equity €173,587 (66.8% of total assets)
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 73, micro). It does better than 65% of them on solvency, 43% on liquidity, 24% on profitability and 38% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
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, 12,322 companies had the same profile as WOTIC has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of WOTIC itself: 0.1% 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 12,322 companies, not a prediction for WOTIC. 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 €15,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.36 (0.25 in 2024), below 1. Short-term debt is 18.9% and cash 6.7% of total assets. 33.2% 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
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 days early
2024
65 days early
2023
56 days early
2022
63 days early
2021
61 days early
2020
38 days early
2019
35 days early
← 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 50 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
Recent changes
Merger: WOTIC takes over ELVACO
Change of role: VAN AKEN Lea Augusta, from director to statutory director · Appointments: BALLON Paul Louis Jules (statutory director), BALLON Bart Hugo (successor statutory director) and BALLON Katleen Els (successor statutory director) · “Voor eigen rekening, voor rekening van derden of in samenwerking met derden; Voor eigen rekening; Het…” (deed in Dutch) · General meeting of 13-04-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0452945854
Merger proposal: WOTIC takes over ELVACO
Board meeting of 12-02-2026 · Gazette deed
Appointment: Van Aken Lea (director)
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WOTIC Mechelen | €259,681 | €9,889 | 66.8% | - |
| BEEBIZZI Malle | €222,643 | €8,557 | 80.5% | - |
| PRIMA LETTERING Ardooie | €259,012 | €8,286 | 95.5% | - |
| ARAN Communication Ghent | €226,824 | €9,986 | 99.6% | - |
| Buro Meijer Bruges | €234,912 | €8,457 | 45.4% | - |
| KWINK Bruges | €303,521 | €8,172 | 19.1% | - |
| IMPACT COMMUNICATION Court-Saint-Etienne | €230,772 | €10,223 | 30.5% | - |
These companies have the same main activity as WOTIC: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €223,000 and €304,000, founded between 1993 and 1998.
Official details
Source: KBO- Status
- Active since 30-06-1994Normal situation
- Activity
- Advertising agenciesNACE 73110
- Establishment unit
- 2.252.722.0602800 Mechelen, since 20-09-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 30-03-2026
Annual accounts 2025
- €259,681▼ 3.4%
- Filing
- Filed on 26-06-2026, 35 days before the end of the filing period
Insights on WOTIC
WOTIC files the micro format. That format states no turnover. The gross margin fell from €53,511 in 2006 to €9,889 in 2025.
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 WOTIC
- What is the company number of WOTIC?
- The company number of WOTIC is 0452.945.854. The VAT number is the same number with BE in front: BE 0452.945.854.
- Where is WOTIC based?
- The registered office is at Mgr. Scheppersstraat 59, 2800 Mechelen.Company details
- What does WOTIC do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of WOTIC?
- WOTIC is a private limited company (BV).
- When was WOTIC founded?
- WOTIC was founded on 30-06-1994.
- Is WOTIC still active?
- Yes, WOTIC is an active enterprise in the KBO register.
- What is the turnover of WOTIC?
- The turnover in financial year 2025 is ≈ €56,000. This figure is estimated from the gross margin of €9,889 and 41 comparable companies (NACE 73110). It probably lies between €30,000 and €110,000. It is a rough estimate.Financials
- Is WOTIC profitable?
- In financial year 2025, WOTIC made a loss of €4,758.
- Where can I find the annual accounts of WOTIC?
- WOTIC filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WOTIC due?
- WOTIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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