WTX
ActiveWTX has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €368k and a net result of €-20k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 29% of 115 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▼-2
Solvency45=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.68 in 2023; short-term debt: 66.1% and cash: 10.2% of total assets), and 80.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 50
Relative position
BE, all sectors
reference
Sector 50
lower
← fewer bankruptcies
more bankruptcies →
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
19.8%
Return on assets
-1.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
28 d late
2022
31 d late
2021
87 d late
2020
89 d late
2019
89 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€368k▼ 5.1%
2023 · €388k
2018: €-705k
2019: €-705k
2020: €352k
2021: €325k
2022: €385k
2023: €388k
2018 → 2024
Total assets
€1.86M▼ 3.6%
2023 · €1.93M
2018: €10k
2019: €38k
2020: €709k
2021: €973k
2022: €1.48M
2023: €1.93M
2018 → 2024
Net result
€-20k
2023 · €3k
2018: €3k
2019: €-374
2020: €-51k
2021: €-27k
2022: €61k
2023: €3k
2018 → 2024
Working capital
€-258k▲ 39.0%
2023 · €-424k
2018: €-17k
2019: €11k
2020: €-328k
2021: €-248k
2022: €90k
2023: €-424k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€352k-€325k▼ 7.6%€385k▲ 18.6%€388k▲ 0.7%€368k▼ 5.1%
Operating result€-51k-€-17k▲ 67.3%€68k€10k▼ 85.1%€-10k
Net result€-51k-€-27k▲ 47.9%€61k€3k▼ 95.6%€-20k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €10k after €10k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.86M
Fixed assets
€888k▼ 14.0%
Current assets
€971k▲ 8.2%
Equity and liabilities €1.86M
Equity
€368k▼ 5.1%
Debt
€1.49M▼ 3.3%
The debt ratio rises from 79.9% to 80.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€134k▼
2023 · €135k
Cash flow
€124k▼
2023 · €127k
Solvency
19.8%▼
2023 · 20.1%
Current ratio
0.79▲
2023 · 0.68
Quick ratio
0.79▲
2023 · 0.68
Debt / equity
4.05▲
2023 · 3.97
ROE
-5.4%▼
2023 · 0.7%
ROA
-1.1%▼
2023 · 0.1%
Interest coverage
21.34▼
2023 · 36.39
Debt
€1.49M▼
2023 · €1.54M
Debt ≤ 1 year
€1.23M▼
2023 · €1.32M
Debt > 1 year
€261k▲
2023 · €220k
Income taxes
€4k▼
2023 · €4k
Staff costs
€239k▲
2023 · €182k
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€1.93M€1.86M▼
Fixed assets21/28€1.03M€888k▼
Tangible fixed assets22/27€1.03M€883k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€1.03M€880k▼
Other tangible fixed assets26€712€137▼
Financial fixed assets28€1k€5k▲
Current assets29/58€897k€971k▲
Amounts receivable within one year40/41€776k€781k▲
Trade receivables40€85k€23k▼
Other amounts receivable41€691k€758k▲
Cash at bank and in hand54/58€120k€189k▲
Deferred charges and accrued income490/1€2k€978▼
Equity and liabilities
Total equity and liabilities10/49€1.93M€1.86M▼
Equity10/15€388k€368k▼
Contributions10/11€1.38M€1.38M=
Reserves13€90k€103k▲
Distributable reserves133€90k€103k▲
Profit (loss) carried forward14€-1.08M€-1.11M▼
Amounts payable17/49€1.54M€1.49M▼
Amounts payable after more than one year17€220k€261k▲
Financial debts170/4€220k€261k▲
Amounts payable within one year42/48€1.32M€1.23M▼
Current portion of amounts payable after more than one year42€16k€24k▲
Financial debts43€75€99▲
Credit institutions430/8€75€99▲
Trade debts44€17k€34k▲
Suppliers440/4€17k€34k▲
Taxes, remuneration and social security45€35k€48k▲
Taxes450/3€25k€38k▲
Remuneration and social security454/9€9k€10k▲
Other amounts payable47/48€1.25M€1.12M▼
Income statement
Code20232024
Non-recurring operating income76A-€11k
Remuneration, social security and pensions62€182k€239k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€125k€144k▲
Other operating charges640/8€4k€4k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€322k€377k▲
Operating profit (loss)9901€10k€-10k▼
Financial income75/76B€158€0▼
Recurring financial income75€158€0▼
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€7k€-16k▼
Income taxes67/77€4k€4k▼
Profit (loss) for the period9904€3k€-20k▼
Profit (loss) for the period to be appropriated9905€3k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.07M€-1.10M▼
Profit (loss) brought forward from the previous period14P€-1.07M€-1.08M▼
Transfer to equity691/2€12k€13k▲
To other reserves6921€12k€13k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €61k
Net result €61k after 3 loss-making years.
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 87 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet €-51k
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €352k
Equity rises from €-705k to €352k.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 89 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 1.44
Current ratio from 0.36 to 1.44; short-term debt falls from €26k to €24k.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Blankenberge · 1 establishment unit since 1988
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.
Langestraat 25-278370 BlankenbergeGround area
413 m²
Building footprint
159 m²
Volume, LiDAR
1,352 m³
Parcel 31004A0265/00C000, Flanders · tallest building 14.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
WATER-TAXI.be
since 19882.044.866.304
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31004A0265/00C000 | Flanders | 413 m² | 1 · 159 m² | 14.2 m · 3 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 9,000 EUR awarded · 9,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 9,000 EUR | 9,000 EUR |
Schemes
Subsidies voor internationaal ondernemen
Recognitions · licences · registrations
Legal Entity Identifier
984500EB6BDBBE095579
Similar companies · same sector, comparable size
TECHNIMAR
BE 0436.917.791
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TREVISAN
BE 0471.749.206
Sint-Pieters-Woluwe · Eq €373k
ALTAIR INTERNATIONAL
BE 0442.887.845
Brasschaat · Eq €404k
COMPTOIR D'ESCOMPTE DE HUY-LIEGE
BE 0401.441.725
Brussel · Eq €326k
COACH&RACE
BE 0690.920.211
Brussel · Eq €270k
Of 96 companies in sector 50100 we hold annual accounts for 38. 21 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-1988
Fiscal year end31-12
Activities, NACEBEL
50100Water transport
50200Water transport
77210Renting and leasing of sports and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.