WTB

Active

Private limited companyfounded 20223 yrs activeKarel Engelslaan 12, 2960 Brecht, BelgiumKBO/BCE: BE 0793.683.791

The computed 12-month bankruptcy probability of WTB is 1.9% (moderate). The 2024 annual accounts show equity of €44k and a net result of €7k. Its solvency ranks better than 27% of 15868 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

47 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability41▼-19

Solvency35=

Growth52

Track record94

Bankruptcy probability, 12 months

1.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity tight (current ratio 1.11 against 1.11 in 2023; short-term debt: 90.3% and cash: 45.9% of total assets), and 90.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

9.7%

Return on assets

1.5%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

6 d early

2023

96 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€44k▲ 18.9%

2023 · €37k

2023: €37k

2023 → 2024

Total assets

€456k▲ 20.4%

2023 · €379k

2023: €379k

2023 → 2024

Net result

€7k▼ 78.8%

2023 · €33k

2023: €33k

2023 → 2024

Working capital

€44k▲ 18.9%

2023 · €37k

2023: €37k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€37k-€44k▲ 18.9%

Operating result€46k-€10k▼ 78.3%

Net result€33k-€7k▼ 78.8%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 78% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €456k

10%

90.3%

Equity €44k▲ 18.9%

Debt €412k▲ 20.5%

The debt ratio rises from 90.1% to 90.3%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

Solvency

9.7%▼

2023 · 9.9%

Current ratio

1.11▼

2023 · 1.11

Quick ratio

0.68▼

2023 · 0.94

Debt / equity

9.26▲

2023 · 9.14

ROE

15.9%▼

2023 · 89.3%

ROA

1.5%▼

2023 · 8.8%

Debt

€412k▲

2023 · €342k

Debt ≤ 1 year

€412k▲

2023 · €342k

Income taxes

€2k▼

2023 · €12k

Staff costs

€90k▲

2023 · €58k

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€379k€456k▲

Current assets29/58€379k€456k▲

Stocks and contracts in progress3€58k€175k▲

Stocks30/36€58k€175k▲

Amounts receivable within one year40/41€291k€71k▼

Trade receivables40€283k-

Other amounts receivable41€8k€71k▲

Cash at bank and in hand54/58€30k€209k▲

Deferred charges and accrued income490/1-€832

Equity and liabilities

Total equity and liabilities10/49€379k€456k▲

Equity10/15€37k€44k▲

Contributions10/11€4k€4k=

Profit (loss) carried forward14€33k€40k▲

Amounts payable17/49€342k€412k▲

Amounts payable within one year42/48€342k€412k▲

Trade debts44€13k€296k▲

Suppliers440/4€13k€296k▲

Advances received on contracts in progress46€300k-

Taxes, remuneration and social security45€28k€109k▲

Taxes450/3€17k€95k▲

Remuneration and social security454/9€11k€14k▲

Other amounts payable47/48-€7k

Income statement Code20232024

Remuneration, social security and pensions62€58k€90k▲

Other operating charges640/8€609€6k▲

Gross operating margin9900€105k€106k▲

Operating profit (loss)9901€46k€10k▼

Financial income75/76B€76-

Recurring financial income75€76-

Financial charges65/66B€714€741▲

Recurring financial charges65€714€741▲

Profit (loss) for the period before taxes9903€46k€9k▼

Income taxes67/77€12k€2k▼

Profit (loss) for the period9904€33k€7k▼

Profit (loss) for the period to be appropriated9905€33k€7k▼

Appropriation of the result

Profit (loss) to be appropriated9906€33k€40k▲

Profit (loss) brought forward from the previous period14P-€33k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Filings 2

2025

25-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

04-11

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 96 days late

NBB filing

Directors · office · real estate

Directors

no sitting director, no change since 2026

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

15-04-2026 Resigned as Director

Location & real-estate footprint

Registered office, Brecht · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Karel Engelslaan 122960 Brecht

Ground area

1,281 m²

Building footprint

348 m²

Volume, LiDAR