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 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WITKAP from Ninove, company number BE0848344479, closed financial year 2025 with a result of € 7,747 after tax. For that financial year WITKAP recorded a gross margin of € 76,520 and equity of € 229,283. Compared with financial year 2024, the result moved from € 79 to € 7,747. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 27, 2026.
€ 229,283
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,747
▲ € 7,668 vs 2024
Profit after tax over the fiscal year.
€ 54,558
▲ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 162,570.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 170,595
▼ 13% vs 2024
€ 26,371 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 4,765
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,734
▲ 228% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 49,136 | € 56,857 | € 91,364 | € 76,520 | ▼ 16% |
| Profit after taxes | € 2,841 | € 7,856 | € 79 | € 7,747 | ▲ € 7,668 |
| Equity | € 213,602 | € 221,457 | € 221,536 | € 229,283 | ▲ 3% |
| Total debts | € 21,654 | € 28,098 | € 280,244 | € 257,679 | ▼ 8% |
| Cash | € 55,111 | € 54,943 | € 37,554 | € 54,558 | ▲ 45% |
| Land & buildings | € 166,743 | € 166,035 | € 419,591 | € 423,818 | ▲ 1% |
| Retained profit | € 146,888 | € 154,744 | € 154,823 | € 162,570 | ▲ 5% |
| Bank debt | € 2,219 | € 0 | € 195,887 | € 170,595 | ▼ 13% |
| Balance sheet total | € 235,256 | € 249,555 | € 501,780 | € 486,962 | ▼ 3% |
Key figures of WITKAP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to WITKAP?
What happened at WITKAP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,747 (▲ € 7,668 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Ninove. KBO
In short
From € 2,841 profit in 2022 to € 7,747 profit in 2025.
Best year ever: 2023, with € 7,856 profit.
Management
Behind WITKAP is Luc VERHAEGEN. Luc VERHAEGEN is also behind Brouwerij Slaghmuylder.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Denderhoutembaan 6
9400 Ninove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0848.344.479
- VAT number
- BE 0848.344.479
- Registered office
- Denderhoutembaan 6, 9400 Ninove
- Names & denominations
- WITKAP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 2012
- Peppol
- Active · Active since 27 Jun 2025
- Activities · NACE
Detailhandel in dranken, algemeen assortiment