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.
-
Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2026; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 10 to 3.5.
-
Busy address KBO
75 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
WITEB 5 from Halle, company number BE0761776335, closed financial year 2026 with a result of € -222,366 after tax. For that financial year WITEB 5 recorded a gross margin of € -60,547 and equity of € -39,138. Compared with financial year 2025, the result moved from € 24,412 to € -222,366. 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 September 30, 2026.
€ -39,138
▼ € 222,366 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -222,366
▼ still € 24,412 profit in 2025
Profit after tax over the fiscal year.
€ 20,506
▲ € 20,462 vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -189,138.
People and assets in 2026
3.5
▼ 4.6 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 139,851
▼ 40% vs 2025
€ 40,000 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.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 1.4 million
▲ € 1.4 million vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 18,930
▲ € 15,222 vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 681,790 | € 481,325 | € 282,984 | € -60,547 | ▼ € 343,531 |
| Profit after taxes | € 240,271 | € -27,372 | € 24,412 | € -222,366 | ▼ € 246,778 |
| Equity | € 186,187 | € 158,815 | € 183,228 | € -39,138 | ▼ € 222,366 |
| Total debts | € 1,125,307 | € 815,326 | € 15,307 | € 1,405,355 | ▲ € 1.4 million |
| Cash | € 21,185 | € 71,043 | € 44 | € 20,506 | ▲ € 20,462 |
| Retained profit | € 36,187 | € 8,815 | € 33,228 | € -189,138 | ▼ € 222,366 |
| Balance sheet total | € 1,311,494 | € 974,141 | € 198,534 | € 1,366,216 | ▲ € 1.2 million |
| Employees (FTE) | 8.8 | 10 | 8.1 | 3.5 | ▼ 4.6 |
Key figures of WITEB 5, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to WITEB 5?
What happened at WITEB 5 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 222,366 (▼ € 246,778 vs 2025). Source: NBB ↗
- Kris Castelein became a director. NBB
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
- Johan Vermeire became a director. NBB
- Stefaan Vandamme became a director. NBB
In short
From € 240,271 profit in 2023 to € 222,366 loss in 2026.
Paid € 19,264 in corporate taxes since 2023.
Best year ever: 2023, with € 240,271 profit.
On average € 34,900 of value added per employee in 2025.
Management
Behind WITEB 5 are Johan Vermeire, Kris Castelein and Stefaan Vandamme. The shares are held by RETAIL PARTNERS COLRUYT GROUP (100%).
Directors
According to the 2026 annual accounts
Johan Vermeire
Director
Also active at: SUPERMARKT MAGDA, Supermarkt De Belie, CEDOX, WITEB 1, WITEB 2, WITEB 3, WITEB 4
since 2021
Kris Castelein
Director
Also active at: USIMEX - INVEST, DE PRINS RETAIL, Delidis, SUPERMARKT MAGDA, JIMS, Supermarkt De Belie, CEDOX, VLEBA +41 more
since 2026
Stefaan Vandamme
Director
Also active at: USIMEX - INVEST, DE PRINS RETAIL, Delidis, SUPERMARKT MAGDA, JIMS, Supermarkt De Belie, CEDOX, VLEBA +41 more
since 2021
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Edingensesteenweg 196
1500 Halle
Rue Bastin Hubert 7
6040 Charleroi
Active since 19 January 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 75 companies are registered at this address.
All companies at this address →USIMEX - INVEST same network
€ 72,973 gross margin · 2026
Grama
€ 450,180 gross margin · 2025
COLIM
€ 290.5 million revenue · 2026
Colruyt Group
€ 930.1 million revenue · 2026
DE PRINS RETAIL same network
€ 711,633 gross margin · 2026
+70 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0761.776.335
- VAT number
- BE 0761.776.335
- Registered office
- Edingensesteenweg 196, 1500 Halle
- Names & denominations
- WITEB 5
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 2021
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Niet-gespecialiseerde groothandel in diepgevroren voedingsmiddelen
Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte = 2500 m²)