Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BWITI from Kortenberg, company number BE0463745221, closed financial year 2025 with a result of € -7,480 after tax. For that financial year BWITI recorded a gross margin of € 5,346 and equity of € 16,739. Compared with financial year 2024, the result moved from € -604 to € -7,480. 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 July 14, 2026.
€ 16,739
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,480
▼ 1139 % more loss than in 2024
Profit after tax over the fiscal year.
€ 991
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10,542.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,149
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1
▼ € 252 vs 2024
Loans from banks and other lenders, long and short.
€ 499
▼ 82% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 15,256 | € 13,611 | € 11,297 | € 5,346 | ▼ 53% |
| Profit after taxes | € 2,648 | € 1,517 | € -604 | € -7,480 | ▼ € 6,876 |
| Equity | € 23,306 | € 24,823 | € 24,219 | € 16,739 | ▼ 31% |
| Total debts | € 69,818 | € 62,041 | € 57,094 | € 54,751 | ▼ 4% |
| Cash | € 2,069 | € 1,704 | € 3,208 | € 991 | ▼ 69% |
| Land & buildings | € 86,400 | € 77,300 | € 68,200 | € 59,100 | ▼ 13% |
| Retained profit | € 17,109 | € 18,626 | € 18,022 | € 10,542 | ▼ 42% |
| Bank debt | € 2 | € 5 | € 253 | € 1 | ▼ € 252 |
| Balance sheet total | € 93,124 | € 86,864 | € 81,313 | € 71,490 | ▼ 12% |
Key figures of BWITI, 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 BWITI?
What happened at BWITI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,480. Source: NBB ↗
- JEFFREY BAUMGARTNER became a director. NBB
- New establishment in Kortenberg. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,648 profit in 2022 to € 7,480 loss in 2025.
Paid € 1,440 in corporate taxes since 2022.
Best year ever: 2022, with € 2,648 profit.
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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
Directors
According to the 2025 annual accounts
JEFFREY BAUMGARTNER
Director
since 2002
Establishments
Establishment units
Physical locations of this company
Diestbrugstraat 45
3071 Kortenberg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.745.221
- VAT number
- BE 0463.745.221
- Registered office
- Diestbrugstraat 45, 3071 Kortenberg
- Names & denominations
- BWITI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 July 1998
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
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