Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WITS from Vorst, company number BE0426744273, closed financial year 2025 with a result of € -81,000 after tax. For that financial year WITS recorded a gross margin of € 1.8 million and equity of € -434,397. Compared with financial year 2024, the result moved from € -276,998 to € -81,000. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ -434,397
▼ € 446,016 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -81,000
▲ 71 % less loss than in 2024
Profit after tax over the fiscal year.
€ 10,947
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -495,897.
People and assets in 2025
15.1
▼ 5.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 14% vs 2024
€ 106,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,370
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 749,747
▼ 44% vs 2024
Loans from banks and other lenders, long and short.
€ 209,406
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 181,167
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,104,170 | € 1,693,122 | € 1,325,811 | € 1,775,377 | ▲ 34% |
| Profit after taxes | € -196,204 | € 182,236 | € -276,998 | € -81,000 | ▲ € 195,999 |
| Equity | € 127,180 | € 299,017 | € 11,619 | € -434,397 | ▼ € 446,016 |
| Total debts | € 2,842,352 | € 2,111,208 | € 2,009,487 | € 1,200,777 | ▼ 40% |
| Cash | € 78,934 | € 23,200 | € 13,288 | € 10,947 | ▼ 18% |
| Land & buildings | € 898,521 | € 857,260 | € 810,330 | € 0 | ▼ 100% |
| Retained profit | € -320,136 | € -137,899 | € -414,898 | € -495,897 | ▼ € 81,000 |
| Bank debt | € 1,552,865 | € 1,413,951 | € 1,349,251 | € 749,747 | ▼ 44% |
| Balance sheet total | € 2,969,533 | € 2,410,225 | € 2,021,106 | € 766,379 | ▼ 62% |
| Employees (FTE) | 24.7 | 20.4 | 20.6 | 15.1 | ▼ 5.5 |
Key figures of WITS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to WITS?
What happened at WITS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philippe Waslet stepped down as director. NBB
- Geneviève Waslet stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 81,000. Source: NBB ↗
- New establishment in Chaumont-Gistoux. KBO
- Philippe Waslet became a director. NBB
- New establishment in Vorst. KBO
- Geneviève Waslet became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 196,204 loss in 2022 to € 81,000 loss in 2025.
Paid € 7,263 in corporate taxes since 2022.
Best year ever: 2023, with € 182,236 profit.
On average € 117,600 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Establishments
Establishment units
Physical locations of this company
Generaal Dumonceaulaan 58
1190 Vorst
Boulevard du Centenaire, Dion-V. 4 box 1
1325 Chaumont-Gistoux
Active since 1 January 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.744.273
- VAT number
- BE 0426.744.273
- Registered office
- Generaal Dumonceaulaan 58, 1190 Vorst
- Names & denominations
- WITS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 1984
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- 023486100
- Activities · NACE
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