Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Sit Wat Pho from Mortsel, company number BE0633871046, closed financial year 2025 with a result of € -18,178 after tax. For that financial year Sit Wat Pho recorded a gross margin of € 40,125 and equity of € -3,136. Compared with financial year 2024, the result moved from € -8,013 to € -18,178. 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 August 17, 2026.
€ -3,136
▼ € 18,178 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,178
▼ 127 % more loss than in 2024
Profit after tax over the fiscal year.
€ 32,354
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9,336.
People and assets in 2025
€ 54,529
▲ 59% 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.
€ 1,171
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 9,468
▲ 103% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,706
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 20,829 | € 60,504 | € 30,792 | € 40,125 | ▲ 30% |
| Profit after taxes | € -14,613 | € 16,286 | € -8,013 | € -18,178 | ▼ € 10,166 |
| Equity | € 19,170 | € 23,055 | € 15,043 | € -3,136 | ▼ € 18,178 |
| Total debts | € 42,131 | € 61,535 | € 33,569 | € 45,272 | ▲ 35% |
| Cash | € 28,317 | € 49,480 | € 31,808 | € 32,354 | ▲ 2% |
| Retained profit | € 570 | € 16,855 | € 8,843 | € -9,336 | ▼ € 18,178 |
| Balance sheet total | € 61,301 | € 84,591 | € 48,612 | € 42,137 | ▼ 13% |
Key figures of Sit Wat Pho, 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 Sit Wat Pho?
What happened at Sit Wat Pho in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,178. filed late Source: NBB ↗
- Eric Van Keerckhoven became a director. NBB
- New establishment in Mortsel. KBO
- WIJITRA PANIS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 14,613 loss in 2022 to € 18,178 loss in 2025.
Best year ever: 2023, with € 16,286 profit.
A new publication or filing at Sit Wat Pho? We notify you, reason included.
Follow Sit Wat PhoDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind Sit Wat Pho are Eric Van Keerckhoven and WIJITRA PANIS.
Directors
According to the 2025 annual accounts
Eric Van Keerckhoven
Bestuurder
since 2024
WIJITRA PANIS
Bestuurder
since 2015
Establishments
Establishment units
Physical locations of this company
Antwerpsestraat 21
2640 Mortsel
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WIX_COM, IL
Website info
Features
Security
Details
- Company number
- 0633.871.046
- VAT number
- BE 0633.871.046
- Registered office
- Antwerpsestraat 21, 2640 Mortsel
- Names & denominations
- Sit Wat Pho
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 2015
- Peppol
- Active · Active since 8 Sept 2025
- Contact
- sitwatpho.be 03 457 07 38
- Activities · NACE
Activiteiten van kuuroorden, sauna’s en stoombaden
Sauna's, solaria, baden enz.