WOUTIM
ActiveWOUTIM has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.96M and a net result of €183k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 2029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-18
Solvency83▲+1
Growth45▼-23
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 2.11 in 2024; short-term debt: 41.3% and cash: 0.4% of total assets), and 41.7% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
58.3%
Return on assets
2.7%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
45 d early
2023
12 d early
2022
31 d early
2021
24 d early
2020
24 d early
2019
42 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€14.16M▼ 30.7%
2024 · €20.43M
2019: €15.57M
2020: €40.85M
2021: €40.30M
2022: €35.60M
2023: €19.44M
2024: €20.43M
2019 → 2025
EBIT margin
1.3%▼ 5.0pp
2024 · 6.3%
2019: 3.8%
2020: 4.8%
2021: 4.9%
2022: 0.8%
2023: -4.5%
2024: 6.3%
2019 → 2025
Net result
€183k▼ 83.0%
2024 · €1.08M
2019: €342k
2020: €1.25M
2021: €1.37M
2022: €117k
2023: €-1.00M
2024: €1.08M
2019 → 2025
Working capital
€2.50M▼ 17.5%
2024 · €3.04M
2019: €2.18M
2020: €3.18M
2021: €5.13M
2022: €3.45M
2023: €2.04M
2024: €3.04M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€40.30M-€35.60M▼ 11.7%€19.44M▼ 45.4%€20.43M▲ 5.1%€14.16M▼ 30.7%
Equity€3.73M-€3.85M▲ 3.1%€2.85M▼ 26.0%€3.78M▲ 32.6%€3.96M▲ 4.8%
Operating result€1.98M-€299k▼ 84.8%€-866k€1.29M€191k▼ 85.2%
Net result€1.37M-€117k▼ 91.4%€-1.00M€1.08M€183k▼ 83.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 85% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.79M
Fixed assets
€1.48M▲ 84.8%
Current assets
€5.31M▼ 8.1%
Equity and liabilities €6.79M
Equity
€3.96M▲ 4.8%
Debt
€2.83M▲ 1.0%
The debt ratio falls from 42.6% to 41.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€418k▼
2024 · €1.59M
Cash flow
€411k▼
2024 · €1.38M
Solvency
58.3%▲
2024 · 57.4%
Current ratio
1.89▼
2024 · 2.11
Quick ratio
1.67▼
2024 · 2.02
Debt / equity
0.72▼
2024 · 0.74
ROE
4.6%▼
2024 · 28.6%
ROA
2.7%▼
2024 · 16.4%
Interest coverage
8.68▼
2024 · 12.03
Debt
€2.83M▲
2024 · €2.81M
Debt ≤ 1 year
€2.81M▲
2024 · €2.75M
Debt > 1 year
€25k▼
2024 · €60k
Income taxes
€10k▼
2024 · €109k
Staff costs
€3.46M▼
2024 · €3.51M
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€6.58M€6.79M▲
Fixed assets21/28€802k€1.48M▲
Intangible fixed assets21€14k€8k▼
Tangible fixed assets22/27€480k€319k▼
Land and buildings22€138k€102k▼
Plant, machinery and equipment23€65k€55k▼
Furniture and vehicles24€204k€132k▼
Leasing and similar rights25€70k€27k▼
Other tangible fixed assets26€3k€3k=
Financial fixed assets28€308k€1.15M▲
Affiliated companies280/1€200k€1.03M▲
Amounts receivable281€200k€1.03M▲
Other financial fixed assets284/8€108k€122k▲
Shares284€10k€11k▲
Amounts receivable and cash guarantees285/8€98k€111k▲
Current assets29/58€5.78M€5.31M▼
Stocks and contracts in progress3€241k€624k▲
Stocks30/36€142k€141k▼
Raw materials and consumables30/31€142k€141k▼
Contracts in progress37€99k€484k▲
Amounts receivable within one year40/41€5.19M€4.60M▼
Trade receivables40€4.19M€3.73M▼
Other amounts receivable41€1.01M€871k▼
Cash at bank and in hand54/58€317k€27k▼
Deferred charges and accrued income490/1€30k€54k▲
Equity and liabilities
Total equity and liabilities10/49€6.58M€6.79M▲
Equity10/15€3.78M€3.96M▲
Contributions10/11€425k€425k=
Capital10€425k€425k=
Issued capital100€425k€425k=
Reserves13€3.35M€3.53M▲
Non-distributable reserves130/1€43k€43k=
Legal reserve130€43k€43k=
Tax-exempt reserves132€6k€6k=
Distributable reserves133€3.30M€3.49M▲
Amounts payable17/49€2.81M€2.83M▲
Amounts payable after more than one year17€60k€25k▼
Financial debts170/4€60k€25k▼
Credit institutions173€60k€25k▼
Amounts payable within one year42/48€2.75M€2.81M▲
Current portion of amounts payable after more than one year42€66k€35k▼
Financial debts43€350k€1.10M▲
Credit institutions430/8€350k€1.10M▲
Trade debts44€1.58M€1.42M▼
Suppliers440/4€1.58M€1.42M▼
Advances received on contracts in progress46€275k-
Taxes, remuneration and social security45€325k€253k▼
Taxes450/3€99k€26k▼
Remuneration and social security454/9€226k€227k▲
Other amounts payable47/48€150k-
Income statement
Code20242025
Operating income70/76A€20.14M€14.75M▼
Turnover70€20.43M€14.16M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-608k€385k▲
Own construction capitalised72€61k-
Other operating income74€203k€180k▼
Non-recurring operating income76A€53k€21k▼
Operating charges60/66A€18.85M€14.56M▼
Goods for resale, raw materials and consumables60€12.02M€8.39M▼
Purchases600/8€11.98M€8.39M▼
Change in stocks: decrease (increase)609€32k€2k▼
Services and other goods61€3.00M€2.42M▼
Remuneration, social security and pensions62€3.51M€3.46M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€296k€227k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€42k
Other operating charges640/8€24k€20k▼
Non-recurring operating charges66A€7k-
Operating profit (loss)9901€1.29M€191k▼
Financial income75/76B€43k€55k▲
Recurring financial income75€27k€55k▲
Income from financial fixed assets750€15k€18k▲
Other financial income752/9€13k€37k▲
Non-recurring financial income76B€15k-
Financial charges65/66B€147k€52k▼
Recurring financial charges65€147k€52k▼
Debt charges650€132k€48k▼
Other financial charges652/9€15k€4k▼
Profit (loss) for the period before taxes9903€1.19M€193k▼
Income taxes67/77€109k€10k▼
Taxes670/3€109k€76k▼
Tax adjustments and reversals of tax provisions77-€66k
Profit (loss) for the period9904€1.08M€183k▼
Profit (loss) for the period to be appropriated9905€1.08M€183k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.08M€183k▼
Transfer to equity691/2€930k€183k▼
To other reserves6921€930k€183k▼
Profit to be distributed694/7€150k-
Return on contributions (dividend)694€150k-
Social balance
Average headcount (FTE)908757.155.7▼
The notes to these accounts (75 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
10-09
State Gazette act
General meeting · Director resignationGeneral meeting · Director resignation · Director appointment9 facts ▸
State Gazette act
General meeting · Director resignation
General meeting · Director resignation · Director appointment9 facts ▸
- General meeting, 2026-06-10
- Director resignation, Mario Timmers Management BV (bestuurder en gedelegeerd bestuurder)
- Director resignation, Mario Timmers (vaste vertegenwoordiger)
- Director resignation, Ivroma BV (bestuurder en gedelegeerd bestuurder)
- Director resignation, Yvo Vrolix (vast vertegenwoordiger)
- Director appointment, Mario Timmers Management BV (bestuurder en gedelegeerd bestuurder)
- Permanent representative, Mario Timmers
- Director appointment, D&T Capital BV (bestuurder en gedelegeerd bestuurder)
- Permanent representative, Diepvens Niels
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €1.08M
Net result €1.08M after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-1.00M ▼953%
Net result drops to €-1.00M, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2019net €1.37M ▲9.4%
Operating result €1.98M, net result €1.37M, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €2MEq €3.06M ▲68.7%
2 profitable years in a row build equity to €3.06M.
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
04-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2026
D&T Capital
CurrentBestuurder en gedelegeerd bestuurder · since 10-06-2026 · Private limited company · perm. rep.: Diepvens Niels
MARIO TIMMERS MANAGEMENT
CurrentBestuurder en gedelegeerd bestuurder · since 10-06-2026 · Private limited company · perm. rep.: Mario Timmers
10-06-2026
D&T Capital: Appointed as Bestuurder en gedelegeerd bestuurder
10-06-2026
MARIO TIMMERS MANAGEMENT: Resigned as Bestuurder en gedelegeerd bestuurder
10-06-2026
MARIO TIMMERS MANAGEMENT: Appointed as Bestuurder en gedelegeerd bestuurder
10-06-2026
IVROMA: Resigned as Bestuurder en gedelegeerd bestuurder
Location & real-estate footprint
Registered office, Peer · 1 establishment unit since 1981
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.
Nijverheidsstraat 73990 PeerGround area
4,905 m²
Building footprint
1,143 m²
Volume, LiDAR
6,770 m³
Parcel 72030A0585/00B000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WOUTIM NV
since 19812.018.413.711
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72030A0585/00B000 | Flanders | 4,905 m² | 1 · 1,143 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared corporate director
→
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 32,671 EUR awarded · 32,983 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 5,830 EUR | 5,898 EUR |
| 2024 | 2 | 2,749 EUR | 2,562 EUR |
| 2023 | 3 | 12,230 EUR | 12,661 EUR |
| 2022 | 2 | 11,862 EUR | 11,862 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Recognised contractor
3 categoriesWOUTIM NV16853
WOUTIM NV#10151
Dual-learning approval
5 live approvals · 1 endedDecoratie en schilderwerken duaal (so)
Fijnschilder (vwo)
Fijnschilder duaal (so)
Medewerker schilder- en behangwerken duaal (so)
Schilder-decorateur (vwo)
Similar companies · same sector, comparable size
LAKKERIJ VANDERMAESEN
BE 0425.693.606
Tessenderlo-Ham · Eq €3.96M
EUROPAINTS
BE 0895.643.560
Elsene · Eq €3.94M
TRAVAUX & RENOVATIONS
BE 0424.298.487
Herstal · Eq €3.78M
Decoratie Thuyn Gebr.
BE 0439.384.066
Brugge · Eq €4.48M
RASSCHAERT EN ZONEN
BE 0448.660.830
Lokeren · Eq €3.49M
Of 7,866 companies in sector 43341 we hold annual accounts for 2,664. 245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-10-1979
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
45441
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.