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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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
'T WIT PAARD from Grimbergen, company number BE0442724529, closed financial year 2025 with a result of € -70,993 after tax. For that financial year 'T WIT PAARD recorded a gross margin of € 710,768 and equity of € 241,940. Compared with financial year 2024, the result moved from € 44,606 to € -70,993. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.
€ 241,940
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -70,993
▼ still € 44,606 profit in 2024
Profit after tax over the fiscal year.
€ 174,859
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -520,332.
People and assets in 2025
€ 579,121
▲ 22% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 63,901
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▼ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 31,861
▲ € 25,875 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 47,869
▲ 116% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 242,013 | € 642,732 | € 739,569 | € 710,768 | ▼ 4% |
| Profit after taxes | € -300,541 | € -43,236 | € 44,606 | € -70,993 | ▼ € 115,600 |
| Equity | € 311,564 | € 268,328 | € 312,934 | € 241,940 | ▼ 23% |
| Total debts | € 1,319,453 | € 1,262,143 | € 1,235,947 | € 1,240,339 | |
| Cash | € 73,176 | € 72,765 | € 198,001 | € 174,859 | ▼ 12% |
| Land & buildings | € 1,437,111 | € 1,308,025 | € 1,204,029 | € 1,110,246 | ▼ 8% |
| Retained profit | € -450,709 | € -493,945 | € -449,339 | € -520,332 | ▼ € 70,993 |
| Bank debt | € 1,257,801 | € 1,207,801 | € 1,207,801 | € 1,160,607 | ▼ 4% |
| Balance sheet total | € 1,631,016 | € 1,530,471 | € 1,548,881 | € 1,482,279 | ▼ 4% |
Key figures of 'T WIT PAARD, 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 'T WIT PAARD?
What happened at 'T WIT PAARD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 70,993 (▼ € 115,600 vs 2024). filed late Source: NBB ↗
- New establishment in Grimbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 300,541 loss in 2022 to € 70,993 loss in 2025.
Paid € 3,478 in corporate taxes since 2022.
Best year ever: 2024, with € 44,606 profit.
Management
The stake of MAGISTRA BUILDING COMPANY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
'T WIT PAARDBehind 'T WIT PAARD is Marc Crepel. The shares are held by MAGISTRA BUILDING COMPANY (100%).
Directors
According to the 2025 annual accounts
Marc Crepel
Director
Also active at: INSIGO, MAGISTRA BUILDING COMPANY, TOF Belgium Real Estate, ARO, IMMO GRYSPEIRT, RING PHARMA, BRASSERIE VISMET, WELLNESS BUILDING +1 more
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kerkeblokstraat 7
1850 Grimbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0442.724.529
- VAT number
- BE 0442.724.529
- Registered office
- Kerkeblokstraat 7, 1850 Grimbergen
- Names & denominations
- 'T WIT PAARD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 1990
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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