Equity
€42,283 ▼ 71.2%
DAVID DEWITTE paid out €125,000 in dividends. That is 605% of the 2025 profit.
DAVID DEWITTE
Lifetime
4 annual accounts with figures on one time axispeak €118,767 (2023)
€45,490▼ 26.2%
peak €80,541 (2023)
€20,675▼ 37.6%
peak €146,608 (2024)
€42,283▼ 71.2%
€102,493▲ 2.2%
Board1 name since 2021
1 directorDEWITTE David Johan
Documentsfilings and deeds
17-07-202614 days before the deadline
2025micro format
Gross margin from €61,617 to €45,490Result from €33,147 to €20,675Dividend €125,000Equity from €146,608 to €42,283Cash from €127,689 to €7,682
Key points
from the 2025 annual accountsTurnover
≈ €270,000 estimated
The micro format states no turnover.
Debts
€102,493 71% of the balance sheet
Suppliers 17%Taxes and wages 4%Other 79%
Liquidity
1.13 was 2.39 in 2024
Short-term debts rose from €89,335 to €102,493.
Filings
4 annual accounts 1 late
The 2022 accounts came 15 days late. The other three were filed on time.
Starting capital
€3,000 100 shares
Checked score
54
Fair
Financially stronger than 30% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025lowest value
03-2025: 0.2%● unchanged vs 02-2025lowest value
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.2%▼ -0.1 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026
08-2026: 1.7%▲ +1.4 percentage points vs 07-2026highest value
09-2026: 1.7%● unchanged vs 08-2026highest value
10-2026: 1.7%● unchanged vs 09-2026
11-2026: 1.7%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2021
Size: total assets €144,777
Sector: Specialised construction activities (NACE 43)
lowers risk
Figures for financial year 2025 (filed on 17-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 31% of them on solvency, 10% on liquidity, 71% on profitability and 6% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as DAVID DEWITTE has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DAVID DEWITTE itself: 1.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for DAVID DEWITTE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.13 (2.39 in 2024), below the usual 1.5. Short-term debt is 70.8% and cash 5.3% of total assets. 70.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
14 days early
2024
32 days early
2023
28 days early
2022
15 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 15 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DEWITTE David Johan 90 sharesdeed of 30-12-2021
- BOYDENS Sarah Nicky 10 sharesdeed of 30-12-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0779435580
Incorporation
Founding capital of €3,000, 100 shares · Founders: DEWITTE David Johan and BOYDENS Sarah Nicky · Appointment: DEWITTE David Johan (director) · published on 30-12-2021 · Gazette deed
First establishment
Oude Heirbaan 200, Deinze
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DAVID DEWITTE Deinze | €144,777 | €45,490 | 29.2% | - |
| KA CONCEPT ook omschreven als KA-CONCEPT Dendermonde | €167,669 | €47,033 | 50.5% | - |
| ARAMBOUW Beveren-Kruibeke-Zwijndrecht | €125,966 | €40,480 | 2.3% | - |
| Remi Work & Support Oudenaarde | €126,755 | €45,558 | 48.8% | - |
| HERTEGONNE SCHRIJNWERK Merelbeke-Melle | €175,272 | €42,976 | 33.9% | - |
| Brent Wiels Maatwerk Zele | €161,657 | €51,550 | 12.9% | - |
| Kevin De Backer Laarne | €151,773 | €35,644 | 34.1% | - |
These companies have the same main activity as DAVID DEWITTE: joinery installation (NACE 43320). They are comparable in size and age: total assets between €126,000 and €175,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 28-12-2021Normal situation
- Activity
- Joinery installationNACE 43320and 2 others
- Establishment unit
- 2.329.729.0739800 Deinze, since 28-12-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2023
Annual accounts 2025
- €144,777▼ 41.4%
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on DAVID DEWITTE
DAVID DEWITTE files the micro format. That format states no turnover. The gross margin rose from €39,215 in 2022 to €45,490 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DAVID DEWITTE
- What is the company number of DAVID DEWITTE?
- The company number of DAVID DEWITTE is 0779.435.580. The VAT number is the same number with BE in front: BE 0779.435.580.
- Where is DAVID DEWITTE based?
- The registered office is at Oude Heirbaan 200, 9800 Deinze.Company details
- What does DAVID DEWITTE do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of DAVID DEWITTE?
- DAVID DEWITTE is a private limited company (BV).
- When was DAVID DEWITTE founded?
- DAVID DEWITTE was founded on 28-12-2021.
- Is DAVID DEWITTE still active?
- Yes, DAVID DEWITTE is an active enterprise in the KBO register.
- What is the turnover of DAVID DEWITTE?
- The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €45,490 and 32 comparable companies (NACE 43320). It probably lies between €200,000 and €470,000.Financials
- Is DAVID DEWITTE profitable?
- In financial year 2025, DAVID DEWITTE made a profit of €20,675.
- Where can I find the annual accounts of DAVID DEWITTE?
- DAVID DEWITTE filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DAVID DEWITTE due?
- DAVID DEWITTE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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