ACTIVE

WITRADE

Financial year 2025 · closed on 30/09/2025
Net result
426,9 k €
-33.8% YoY
Revenue
15,8 M €
-14.5% YoY
Equity
4,3 M €
-17.1% YoY
Workforce
4,2 ETP
0.0% YoY

What does WITRADE do?

WITRADE is a Public limited company incorporated in 2013. Its main activity is: Agents involved in the sale of textiles, clothing, fur, footwear and leather goods. Its registered office is in Ronse. It employs on average 4,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0538.672.672
Incorporation
17/09/2013
Legal form
Public limited company
Registered office
Chaussée de Ninove 613/0001
9600 Ronse · FlandreSee on map
Contributed capital
850 000,00 €
Latest accounts
30/09/2025
Average workforce
4,2 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Revenue15,8 M €18,4 M €20,4 M €28,5 M €17,4 M €16,8 M €22,7 M €21,9 M €19,9 M €
EBITDA730,2 k €1,1 M €1,6 M €3,6 M €1,6 M €1 M €1,9 M €2,2 M €1,7 M €1,4 M €1,7 M €1,2 M €
Operating result705,2 k €1 M €2,2 M €2,8 M €1,6 M €1,1 M €1,9 M €2,2 M €1,6 M €1,4 M €1,7 M €1,2 M €
Net result426,9 k €644,4 k €1,4 M €1,8 M €1 M €705,1 k €1,2 M €1,4 M €1,1 M €852,1 k €913,5 k €646,7 k €
Balance sheet
Equity4,3 M €5,2 M €4,9 M €4,5 M €3,8 M €3,5 M €3,2 M €2,8 M €2,3 M €1,8 M €1,5 M €1,1 M €
Total assets8 M €10 M €10,2 M €12 M €11 M €8,4 M €9,1 M €8,3 M €7,1 M €5,5 M €5,4 M €3,7 M €
Cash344,5 k €82,8 k €757,5 k €530,1 k €818,9 k €2,7 M €454 k €645,1 k €652,3 k €412 k €775,3 k €802,6 k €
Debts3,5 M €4,6 M €5,1 M €7,2 M €6,8 M €4,7 M €5,6 M €5,2 M €4,7 M €3,6 M €3,9 M €2,6 M €
Other
Workforce4,2 ETP4,2 ETP4,4 ETP5,3 ETP3,6 ETP4,2 ETP3,3 ETP3,0 ETP2,3 ETP1,8 ETP0,8 ETP0,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 11 ended

Active mandates

TEX SOLUTIONS

Managing director · since 23 avril 2025 · until 23 avril 2031 · 0507.723.833

Represented by Benoit Wittamer

Active
Alexis Wittamer

Director · since 30 novembre 2023 · until 23 avril 2025

Active
Barbara Hollevoet

Director · since 30 novembre 2023 · until 23 avril 2025

Active

Ended mandates

Alexis Wittamer

Director · since 30 novembre 2023 · until 30 novembre 2029

Ended
Barbara Hollevoet

Director · since 30 novembre 2023 · until 30 novembre 2029

Ended
TEX SOLUTIONS

Managing director · since 30 novembre 2023 · until 30 novembre 2029 · 0507.723.833

Represented by Benoit Wittamer

Ended
Alexis Wittamer

Director · since 15 décembre 2019 · until 15 décembre 2025

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/02/202611/02/202520/02/202412/01/202314/01/202225/01/2021
General meeting15/01/202615/01/202515/01/202415/12/202215/12/202115/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202515/01/202624/02/2026DutchPDF
Full model30/09/202415/01/202511/02/2025DutchPDF
Full model30/09/202315/01/202420/02/2024DutchPDF
Full model30/09/202215/12/202212/01/2023DutchPDF
Full model30/09/202115/12/202114/01/2022DutchPDF
Full modelCorrection30/09/202015/12/202025/01/2021DutchPDF
Full model30/09/202015/12/202007/01/2021DutchPDF
Full model30/09/201915/12/201914/01/2020DutchPDF
Full model30/09/201815/12/201822/01/2019DutchPDF
Full model30/09/201715/12/201715/01/2018DutchPDF
Abridged model30/09/201615/12/201631/01/2017DutchPDF
Abridged model30/09/201515/12/201508/02/2016DutchPDF
Abridged model30/09/201402/03/201517/03/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 11 ended

Active mandates

TEX SOLUTIONS

Managing director · since 23 avril 2025 · until 23 avril 2031 · 0507.723.833

Represented by Benoit Wittamer

Active
Alexis Wittamer

Director · since 30 novembre 2023 · until 23 avril 2025

Active
Barbara Hollevoet

Director · since 30 novembre 2023 · until 23 avril 2025

Active

Ended mandates

Alexis Wittamer

Director · since 30 novembre 2023 · until 30 novembre 2029

Ended
Barbara Hollevoet

Director · since 30 novembre 2023 · until 30 novembre 2029

Ended
TEX SOLUTIONS

Managing director · since 30 novembre 2023 · until 30 novembre 2029 · 0507.723.833

Represented by Benoit Wittamer

Ended
Alexis Wittamer

Director · since 15 décembre 2019 · until 15 décembre 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/05/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office08/05/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates15/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/03/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates31/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/02/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025426,9 k €
  2. 2024
    Annual accounts 2024644,4 k €
  3. 2023
    Annual accounts 20231,4 M €
  4. 2022
    Annual accounts 20221,8 M €
  5. 2021
    Annual accounts 20211 M €
  6. 2020
    Annual accounts 2020705,1 k €
  7. 2019
    Annual accounts 20191,2 M €
  8. 2018
    Annual accounts 20181,4 M €
  9. 2017
    Annual accounts 20171,1 M €
  10. 2016
    Annual accounts 2016852,1 k €
  11. 2015
    Annual accounts 2015913,5 k €
  12. 2014
    Annual accounts 2014646,7 k €
  13. 17/09/2013
    IncorporationPublic limited company