Wwhite
ActiveSummary
Wwhite has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €457k and a net result of €-30k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 86% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability12▼-60
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 5.69 against 4.02 in 2024; short-term debt: 8.2% and cash: 6.4% of total assets), and 17.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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
raises risk · 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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-08-2026, 15 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
15 d late
2024
2 d early
2023
17 d early
2022
4 d early
2021
on the day
2020
23 d early
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€457k▼ 16.4%
2024 · €547k
2018: €431klowest in 8 years
2019: €493k▲ +14.4% vs 2018
2020: €525k▲ +6.4% vs 2019
2021: €458k▼ -12.7% vs 2020
2022: €505k▲ +10.3% vs 2021
2023: €580k▲ +14.8% vs 2022highest in 8 years
2024: €547k▼ -5.6% vs 2023
2025: €457k▼ -16.4% vs 2024
2018 → 2025
Total assets
€552k▼ 22.5%
2024 · €712k
2018: €648k
2019: €753k▲ +16.2% vs 2018
2020: €772k▲ +2.6% vs 2019
2021: €694k▼ -10.2% vs 2020
2022: €689k▼ -0.8% vs 2021
2023: €779k▲ +13.2% vs 2022highest in 8 years
2024: €712k▼ -8.6% vs 2023
2025: €552k▼ -22.5% vs 2024lowest in 8 years
2018 → 2025
Net result
€-30k
2024 · €17k
2018: €58k
2019: €65k▲ +12.1% vs 2018
2020: €89k▲ +36.2% vs 2019
2021: €79k▼ -10.8% vs 2020
2022: €92k▲ +16.4% vs 2021
2023: €127k▲ +37.6% vs 2022highest in 8 years
2024: €17k▼ -86.3% vs 2023
2025: €-30k▼ -272% vs 2024lowest in 8 years
2018 → 2025
Working capital
€212k▼ 28.6%
2024 · €296k
2018: €285k
2019: €234k▼ -17.8% vs 2018
2020: €275k▲ +17.4% vs 2019
2021: €209k▼ -23.9% vs 2020lowest in 8 years
2022: €239k▲ +14.3% vs 2021
2023: €322k▲ +34.6% vs 2022highest in 8 years
2024: €296k▼ -8.0% vs 2023
2025: €212k▼ -28.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€458k-€505k▲ 10.3%€580k▲ 14.8%€547k▼ 5.6%€457k▼ 16.4%
2021: €458k
2022: €505k▲ +10.3% vs 2021
2023: €580k▲ +14.8% vs 2022highest in 5 years
2024: €547k▼ -5.6% vs 2023
2025: €457k▼ -16.4% vs 2024lowest in 5 years
Operating result€109k-€128k▲ 17.9%€177k▲ 38.1%€20k▼ 88.7%€-37k
2021: €109k
2022: €128k▲ +17.9% vs 2021
2023: €177k▲ +38.1% vs 2022highest in 5 years
2024: €20k▼ -88.7% vs 2023
2025: €-37k▼ -288% vs 2024lowest in 5 years
Net result€79k-€92k▲ 16.4%€127k▲ 37.6%€17k▼ 86.3%€-30k
2021: €79k
2022: €92k▲ +16.4% vs 2021
2023: €127k▲ +37.6% vs 2022highest in 5 years
2024: €17k▼ -86.3% vs 2023
2025: €-30k▼ -272% vs 2024lowest in 5 years
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 2025: a loss of €37k after €20k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €552k
Fixed assets
€295k ▼ 7.0%
Current assets
€257k ▼ 34.9%
Equity and liabilities €552k
Equity
€457k ▼ 16.4%
Debt
€95k ▼ 42.6%
Debt's share of the balance-sheet total falls from 23.2% to 17.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-15k▼
2024 · €42k
Cash flow
€-8k▼
2024 · €40k
Current ratio
5.69▲
2024 · 4.02
Debt to equity
0.21▼
2024 · 0.30
ROE
-6.5%▼
2024 · 3.2%
ROA
-5.4%▼
2024 · 2.4%
Interest coverage
-3.17▼
2024 · 5.97
Debt ≤ 1 year
€45k▼
2024 · €98k
Debt > 1 year
€49k▼
2024 · €67k
Income taxes
€79▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€712k€552k▼
Fixed assets21/28€317k€295k▼
Tangible fixed assets22/27€300k€277k▼
Land and buildings22€294k€271k▼
Furniture and vehicles24€496€6k▲
Other tangible fixed assets26€6k€0▼
Financial fixed assets28€18k€18k=
Current assets29/58€395k€257k▼
Amounts receivable within one year40/41€169k€184k▲
Trade receivables40-€20k
Other amounts receivable41€169k€163k▼
Current investments50/53€200k€0▼
Cash at bank and in hand54/58€10k€36k▲
Deferred charges and accrued income490/1€16k€38k▲
Equity and liabilities
Total equity and liabilities10/49€712k€552k▼
Equity10/15€547k€457k▼
Contributions10/11€12k€12k=
Reserves13€535k€445k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€533k€445k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€165k€95k▼
Amounts payable after more than one year17€67k€49k▼
Financial debts170/4€67k€49k▼
Amounts payable within one year42/48€98k€45k▼
Current portion of amounts payable after more than one year42€16k€17k▲
Trade debts44€25k€11k▼
Suppliers440/4€25k€11k▼
Taxes, remuneration and social security45€3k€0▼
Taxes450/3€3k€0▼
Other amounts payable47/48€56k€17k▼
Income statement
Code20242025
Non-recurring operating income76A-€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€45k€-12k▼
Operating profit (loss)9901€20k€-37k▼
Financial income75/76B€13k€12k▼
Recurring financial income75€13k€12k▼
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€26k€-30k▼
Income taxes67/77€8k€79▼
Profit (loss) for the period9904€17k€-30k▼
Profit (loss) for the period to be appropriated9905€17k€-30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€-30k▼
Transfer from equity791/2€50k€90k▲
Transfer to equity691/2€17k€0▼
To the legal reserve6920€388€0▼
To other reserves6921€17k€0▼
Profit to be distributed694/7€50k€60k▲
Return on contributions (dividend)694€50k€60k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €15k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €21k | €22k | €22k | €22k | ▼ 0.6% |
| Other operating charges640/8 | €3k | €3k | €3k | €2k | €3k | ▲ 31.9% |
| Gross operating margin9900 | €136k | €153k | €202k | €45k | €-12k | ▼ 127% |
| Operating profit (loss)9901 | €109k | €128k | €177k | €20k | €-37k | ▼ 288% |
| Financial income75/76B | €11k | €8k | €9k | €13k | €12k | ▼ 3.5% |
| Recurring financial income75 | €11k | €8k | €9k | €13k | €12k | ▼ 3.5% |
| Financial charges65/66B | €9k | €5k | €6k | €7k | €5k | ▼ 32.5% |
| Recurring financial charges65 | €9k | €5k | €6k | €7k | €5k | ▼ 32.5% |
| Profit (loss) for the period before taxes9903 | €110k | €131k | €180k | €26k | €-30k | ▼ 215% |
| Income taxes67/77 | €31k | €39k | €53k | €8k | €79 | ▼ 99.1% |
| Profit (loss) for the period9904 | €79k | €92k | €127k | €17k | €-30k | ▼ 272% |
| Profit (loss) for the period to be appropriated9905 | €79k | €92k | €127k | €17k | €-30k | ▼ 272% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €694k | €689k | €779k | €712k | €552k | ▼ 22.5% |
| Fixed assets21/28 | €360k | €362k | €340k | €317k | €295k | ▼ 7.0% |
| Tangible fixed assets22/27 | €342k | €344k | €322k | €300k | €277k | ▼ 7.4% |
| Land and buildings22 | €336k | €338k | €316k | €294k | €271k | ▼ 7.5% |
| Furniture and vehicles24 | €868 | €744 | €620 | €496 | €6k | ▲ 1,097% |
| Other tangible fixed assets26 | €6k | €6k | €6k | €6k | €0 | ▼ 100% |
| Financial fixed assets28 | €18k | €18k | €18k | €18k | €18k | = |
| Current assets29/58 | €334k | €327k | €440k | €395k | €257k | ▼ 34.9% |
| Amounts receivable within one year40/41 | €160k | €160k | €160k | €169k | €184k | ▲ 8.6% |
| Trade receivables40 | - | - | - | - | €20k | - |
| Other amounts receivable41 | €160k | €160k | €160k | €169k | €163k | ▼ 3.5% |
| Current investments50/53 | - | - | €200k | €200k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €174k | €167k | €70k | €10k | €36k | ▲ 271% |
| Deferred charges and accrued income490/1 | - | - | €9k | €16k | €38k | ▲ 135% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €694k | €689k | €779k | €712k | €552k | ▼ 22.5% |
| Equity10/15 | €458k | €505k | €580k | €547k | €457k | ▼ 16.4% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €445k | €493k | €567k | €535k | €445k | ▼ 16.8% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €0 | ▼ 100% |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €0 | ▼ 100% |
| Distributable reserves133 | €444k | €491k | €565k | €533k | €445k | ▼ 16.5% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €236k | €184k | €200k | €165k | €95k | ▼ 42.6% |
| Amounts payable after more than one year17 | €112k | €97k | €82k | €67k | €49k | ▼ 25.8% |
| Financial debts170/4 | €112k | €97k | €82k | €67k | €49k | ▼ 25.8% |
| Amounts payable within one year42/48 | €124k | €87k | €117k | €98k | €45k | ▼ 54.1% |
| Current portion of amounts payable after more than one year42 | €15k | €15k | €15k | €16k | €17k | ▲ 8.2% |
| Trade debts44 | €20k | €37k | €26k | €25k | €11k | ▼ 55.6% |
| Suppliers440/4 | €20k | €37k | €26k | €25k | €11k | ▼ 55.6% |
| Advances received on contracts in progress46 | €3k | €3k | - | - | - | - |
| Taxes, remuneration and social security45 | €34k | €9k | €25k | €3k | €0 | ▼ 100% |
| Taxes450/3 | €34k | €9k | €25k | €3k | €0 | ▼ 100% |
| Other amounts payable47/48 | €52k | €22k | €52k | €56k | €17k | ▼ 69.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €79k | €92k | €127k | €17k | €-30k | ▼ 272% |
| + Depreciation and write-downs630 | €24k | €21k | €22k | €22k | €22k | ▼ 0.6% |
| Operating cash flow (approximation) | €104k | €114k | €149k | €40k | €-8k | ▼ 119% |
| Investment in fixed assets (approximation) | - | €-23k | €0 | €0 | €0 | - |
| Change in cash | - | €-7k | €-96k | €-61k | €26k | ▲ 143% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 15 days late
2025
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €127k ▲37.6%
Operating result €177k, net result €127k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €500kEq €505k ▲10.3%
5 profitable years in a row build equity to €505k.
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €500kEq €525k ▲6.4%
3 profitable years in a row build equity to €525k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2005
Ground area
98 m²
Building footprint
98 m²
Volume, LiDAR
1,809 m³
Parcel 11811L3704/00A002, Flanders · tallest building 20.4 m, ±7 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
WWHITE
since 20052.147.388.968
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3704/00A002 | Flanders | 98 m² | 1 · 98 m² | 20.4 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,580 companies in sector 46349 we hold annual accounts for 987. 679 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-05-2005
Fiscal year end31-12
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
Scores and ratios are computed by Checked and are not a credit decision.