WRITE THE FUTURE
ActiveSummary
WRITE THE FUTURE has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39,406 and a net result of €14,360. Equity is growing by about 92% per year across the filed financial years. Its solvency ranks better than 24% of 367 sector peers (NACE 02, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Staff
- ≈ 0 FTE, estimated
- Equity
- €39,406
- Profit
- €14,360
Why 86raises risk1 change of registered office in 24 monthslowers riskSector: Forestry and logging (NACE 02)Liquidity: current ratio 1.14, cash €49,404Size: total assets €278,980Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 02, micro): better than 23% on solvency, 19% on liquidity, 53% on profitability and 89% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 5 accounts on average 28 days before the deadline; the sector median (NACE 02) for financial year 2024 is 6 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2021 to 2025net €14,360 ▲2%
- Amendment of the articlesCapital
Financials · financial year 2025, micro format
2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00498083.
2021 to 2025, 5 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 21% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 02, Forestry and logging: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,713 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €4,731 | €474 | €39 | ▼ 91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €933 | €8,796 | €9,230 | €9,283 | ▲ 0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €4,870 | €0 | -€986 | -€3,884 | ▼ 294% |
| Other operating charges640/8 | €552 | €405 | €836 | €1,341 | €1,138 | ▼ 15.1% |
| Gross operating margin9900 | -€6,985 | €15,665 | €23,195 | €32,774 | €34,027 | ▲ 3.8% |
| Operating profit (loss)9901 | -€7,537 | €9,458 | €8,832 | €22,714 | €27,451 | ▲ 20.9% |
| Financial income75/76B | €0 | €9 | €0 | €243 | €26 | ▼ 89.3% |
| Recurring financial income75 | €0 | €9 | €0 | €243 | €26 | ▼ 89.3% |
| Financial charges65/66B | €58 | €1,010 | €3,724 | €4,949 | €6,399 | ▲ 29.3% |
| Recurring financial charges65 | €58 | €1,010 | €3,724 | €4,949 | €6,399 | ▲ 29.3% |
| Profit (loss) for the period before taxes9903 | -€7,594 | €8,457 | €5,108 | €18,009 | €21,077 | ▲ 17.0% |
| Income taxes67/77 | - | - | - | €3,934 | €6,717 | ▲ 70.7% |
| Profit (loss) for the period9904 | -€7,594 | €8,457 | €5,108 | €14,074 | €14,360 | ▲ 2.0% |
| Profit (loss) for the period to be appropriated9905 | -€7,594 | €8,457 | €5,108 | €14,074 | €14,360 | ▲ 2.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €71,347 | €96,599 | €126,833 | €136,097 | €278,980 | ▲ 105% |
| Fixed assets21/28 | - | €42,717 | €36,963 | €27,473 | €22,923 | ▼ 16.6% |
| Tangible fixed assets22/27 | - | €42,717 | €36,421 | €27,191 | €21,571 | ▼ 20.7% |
| Furniture and vehicles24 | - | - | - | - | €3,609 | - |
| Leasing and similar rights25 | - | €42,717 | €36,421 | €27,191 | €17,961 | ▼ 33.9% |
| Financial fixed assets28 | - | - | €542 | €282 | €1,352 | ▲ 380% |
| Current assets29/58 | €71,347 | €53,882 | €89,869 | €108,624 | €256,058 | ▲ 136% |
| Stocks and contracts in progress3 | €24,670 | €500 | €7,112 | €9,630 | €7,284 | ▼ 24.4% |
| Stocks30/36 | €1,730 | €500 | €7,112 | €9,630 | €7,284 | ▼ 24.4% |
| Contracts in progress37 | €22,940 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €20,270 | €28,688 | €64,811 | €89,864 | €195,875 | ▲ 118% |
| Trade receivables40 | €16,437 | €25,842 | €53,628 | €89,864 | €195,875 | ▲ 118% |
| Other amounts receivable41 | €3,834 | €2,846 | €11,184 | €0 | - | - |
| Cash at bank and in hand54/58 | €26,147 | €23,058 | €16,479 | €7,412 | €49,404 | ▲ 567% |
| Deferred charges and accrued income490/1 | €261 | €1,637 | €1,467 | €1,717 | €3,496 | ▲ 104% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €71,347 | €96,599 | €126,833 | €136,097 | €278,980 | ▲ 105% |
| Equity10/15 | -€2,594 | €5,863 | €10,971 | €25,045 | €39,406 | ▲ 57.3% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | - | - | - | - | €14,360 | - |
| Distributable reserves133 | - | - | - | - | €14,360 | - |
| Profit (loss) carried forward14 | -€7,594 | €863 | €5,971 | €20,045 | €20,045 | = |
| Amounts payable17/49 | €73,942 | €90,736 | €115,861 | €111,052 | €239,575 | ▲ 116% |
| Amounts payable after more than one year17 | - | €35,550 | €27,619 | €19,226 | €10,343 | ▼ 46.2% |
| Financial debts170/4 | - | €35,550 | €27,619 | €19,226 | €10,343 | ▼ 46.2% |
| Amounts payable within one year42/48 | €73,942 | €55,186 | €87,595 | €86,461 | €224,947 | ▲ 160% |
| Current portion of amounts payable after more than one year42 | - | €7,494 | €7,931 | €8,394 | €8,883 | ▲ 5.8% |
| Trade debts44 | €7,172 | €23,900 | €11,112 | €11,564 | €50,035 | ▲ 333% |
| Suppliers440/4 | €7,172 | €23,900 | €11,112 | €11,564 | €50,035 | ▲ 333% |
| Advances received on contracts in progress46 | €61,313 | €20,913 | €25,005 | €33,988 | €12,105 | ▼ 64.4% |
| Taxes, remuneration and social security45 | - | - | €4,299 | €3,449 | €11,160 | ▲ 224% |
| Taxes450/3 | - | - | €4,299 | €3,449 | €6,660 | ▲ 93.1% |
| Remuneration and social security454/9 | - | - | - | - | €4,500 | - |
| Other amounts payable47/48 | €5,457 | €2,879 | €39,248 | €29,067 | €142,764 | ▲ 391% |
| Accrued charges and deferred income492/3 | - | - | €648 | €5,365 | €4,285 | ▼ 20.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,594 | €8,457 | €5,108 | €14,074 | €14,360 | ▲ 2.0% |
| + Depreciation and write-downs630 | - | €933 | €8,796 | €9,230 | €9,283 | ▲ 0.6% |
| Operating cash flow (approximation) | -€7,594 | €9,390 | €13,904 | €23,304 | €23,643 | ▲ 1.5% |
| Investment in fixed assets (approximation) | - | - | -€3,042 | €260 | -€4,732 | - |
| Change in cash | - | -€3,089 | -€6,579 | -€9,067 | €41,992 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 27-08-2026 | 2026-00498083 |
| 31-12-2024 | micro format | 31-03-2025 | 2025-00058493 |
| 31-12-2023 | micro format | 12-07-2024 | 2024-00242210 |
| 31-12-2022 | micro format | 19-07-2023 | 2023-00266259 |
| 31-12-2021 | micro format | 19-07-2022 | 2022-20213194 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- LIETAR Robin Christian Michel all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 13-08-2025 Capital stated in the deed · 5,000 shares
Group and network
Connections & network
No directors read yet: 2 of 3 Gazette acts processed.
History
Acts, filings and financial milestones
13-08
Gazette deed
Amendment of the articlesCapital3 facts ▸
- General meeting, “modification du siège, adopter des statuts complètement nouveaux en français” (deed in Dutch)
- Capital
- Other provision, “clôture et procès-verbal, après lecture commentée intégrale” (deed in Dutch)
25-07
Gazette deed
Registered officeIncorporation · Director in office · Shareholding9 facts ▸
- General meeting, 10-07-2025
- Incorporation, 19-01-2021
- Director in office, LIETAR Robin Christian Michel (manager)
- Shareholding, 10-07-2025, 5000
- Other provision, “geldigheid algemene vergadering, bevoegd om over agendapunten te beraadslagen en te besluiten” (deed in Dutch)
- Other provision, 1, “agenda” (deed in Dutch)
- Other provision, 2, “agenda” (deed in Dutch)
- Other provision, “oproepingen en quorum, vertegenwoordigd” (deed in Dutch)
- Registered-office move, 5101 Loyers, Avenue des dessus-de-Lives, 2
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0761.786.431
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92078A0002/02G002 | Wallonia | 2,634 m² | 1 · 1,021 m² | 18.2 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La protection des forêts contre les incendies; La sylviculture et l'exploitation, l'inventaire et la valorisation des forêts; La création de…” (deed in Dutch)
47 activities (deed in Dutch)
- La protection des forêts contre les incendies;
- La sylviculture et l'exploitation, l'inventaire et la valorisation des forêts;
- La création de tous types d'objets, de meubles, en bois;
- Tous travaux de menuiserie, tant en bois qu'en métal (objets, outils, portes et fenêtres, volets, murs, clôtures et portails de tous types, dimensions et couleurs).
- Achat et vente (en gros et au détail), location et leasing, et transformation de véhicules de toutes sortes (voitures. autobus, camions, véhicules frigorifiques, camping-cars, etc.)
- La fabrication et la transformation de remorques, semi-remorques et caravanes;
- La fabrication de tous types de meubles, intérieurs et extérieurs, tant privés que professionnels (magasins, comptoirs, bureaux, restaurants, églises, écoles, cuisines,...)
- Fabrication d'armoires, d'armoires encastrées et murales, de bibliothèques, etc.
- Construire des piscines et des pataugeoires;
- Agir en tant qu'entrepreneur et sous-traitant de travaux de construction générale et plus particulièrement de construction résidentielle privée et de travaux connexes;
- Agir en tant que maître d'œuvre;
- Réaliser le gros œuvre de maisons individuelles;
- Construction du gros œuvre de bâtiments cellulaires (immeubles d'appartements, etc.);
- Construction générale d'autres bâtiments non résidentiels;
- Construction générale de bâtiments résidentiels;
- Coordination générale des travaux de chantier;
- Construction du gros œuvre de bâtiments à usage industriel ou commercial, de lieux de stockage et d'empilement, d'écoles, d'hôpitaux, de bâtiments destinés à l'exercice du culte, à la culture, etc;
- Entreprise pour l'exécution des travaux de maçonnerie et de béton;
- Entreprise de travaux de rejointoiement;
- Entreprise de construction de fondations, y compris le battage de pieux;
- Entreprise de construction de cheminées et de fours industriels;
- Entreprise de montage de charpentes métalliques non autoproduites;
- Entreprise de montage et de démontage d'échafaudages et de plates-formes de travail: Gros œuvre; Travaux d'assainissement;
- Travaux de terrassement - Terrassement: excavation, élévation, nivellement et mise à niveau de chantiers, creusement de tranchées, enlèvement de roches, terrassement à l'aide d'explosifs;
- Déblaiement de chantiers;
- Démolition de bâtiments et d'autres structures;
- Pose de dalles et de clinkers en béton;
- Toutes les finitions possibles à l'intérieur des bâtiments, telles que, entre autres, la peinture, le papier peint, les travaux de gyproc, les plafonds suspendus, les plafonds tendus, les planchers surélevés, etc;
- Plomberie: Travaux d'installation (plomberie, chauffage central, ventilation, climatisation, gaz, climatisation, HVAC, panneaux solaires, chauffe-eau solaire, pompe à chaleur, etc;)
- Installation dans les bâtiments et autres structures de: matériaux d'isolation thermique, matériaux d'isolation contre le bruit et les vibrations ;
- Travaux d'isolation des tuyaux de chauffage et des tuyaux du système de refroidissement;
- Nettoyage des nouveaux bâtiments après l'achèvement des travaux de construction;
- Nettoyage (après incendie) des bâtiments;
- Aménagement paysager;
- Construction de toitures;
- Installation de toitures en tous matériaux;
- Installation de gouttières et d'égouts pluviaux;
- Etanchéité des toitures et des toits-terrasses:
- Travaux de construction spécialisés; travaux de pose de chapes;
- Travaux de construction spécialisés; pose de carreaux de sol et de mur ;
- Agir en tant qu'expert au sens large ;
- La prestation de services liés à la profession d'architecte (maison et jardin) et d'ingénieur;
- La prestation de services et l'exécution d'activités liées à la conception (au sens le plus large du terme);
- La conception et la construction de décors, de salles d'exposition;
- Toutes les activités liées à l'immobilier au sens large (achat, ...) tant pour son propre compte que pour le compte de tiers.
- Vente, location, location à bail, agence immobilière,
- L'exploitation de tous types d'infrastructures touristiques et d'hébergement, notamment un camping, un hôtel, un bed&breakfast, un « tine-house » ;
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- WRITE THE FUTURE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, pour autant que cette décision n'entraîne pas de changement en matière de régime linguistique applicable à la société” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, censé sans limitation” (deed in Dutch)“Frais généraux indépendamment frais représentation voyages déplacements, assemblée générale” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions - droit de préférence, organe qui procède à l'émission” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, assemblée générale” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pour quelque cause et à quelque moment, si aucun autre liquidateur désigné” (deed in Dutch)