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DE WIT

Active Private limited companyfounded 1986active for 40 yearsNieuwebosstraat 1, 9000 GhentKBO/BCE: BE 0428.422.967

Lifetime

20 annual accounts with figures on one time axis, 40 filings since 1986
peak €489,823 (2024)
€325,220▼ 33.6%
lowest -€90,368 (2009)
€42,779▼ 47.2%
peak €276,858 (2025)
€276,858▲ 3.0%
€1.2m▼ 11.0%
peak 7.1 FTE (2018)
1.7 FTE 
Board3 names since 1986
3 directors and 2 others
Owners
38.87%
Documentsfilings and deeds
30-07-20261 day before the deadline
2025abbreviated format
Gross margin from €489,823 to €325,220Result from €81,028 to €42,779Dividend €34,599Cash from €407 to €705

Key points

from the 2025 annual accounts

Equity

€276,858 ▲ 3.0%
268,6782024+42,779Profit-34,599Dividend276,8582025

DE WIT paid out €34,599 in dividends. That is 81% of the 2025 profit.

Debts

€1.2m 81% of the balance sheet
Financial debts 68%Suppliers 1%Taxes and wages 4%Other 27%

Of this, €392,818 falls due within a year.

Securities

€650,000

Mortgages, new in 2025. 2.3 times equity · not in the 2024 accounts.

Staff

1.7 FTE from 8.3 in 2024

Between 2024 and 2025, 80% of the full-time equivalents disappeared.

Filings

40 annual accounts since 1986
AprilJune31 JulyOctober1990200020102020

Seven of the last ten came late. The 2016 accounts came latest: 99 days after the end of the period.

Board

1 joined · 1 left

Board changed. Latest change 01-04-2026 · 1 in office.

Staff (FTE) -80%: other schema

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,985 companies had the same profile as DE WIT has now. Each dot stands for 10 companies, two years later.

96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 3,985 companies, not a prediction for DE WIT. 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

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Signals

Board and ownership

Director, , since 01-04-2026
  • 38.87%equity €296,717 (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0428422967
1 director appointed, 2 resignations Resignations: (director) and (director) · Appointment: (director) · Permanent representative: · General meeting of 01-04-2026 · Gazette deed
Reappointment: (director) Appointment: (statutory director) · “De verkoop van nieuwe en tweedehands fietsen en onderdelen; De herstelling van fietsen; De verkoop van nieuwe…” (deed in Dutch) · General meeting of 26-10-2022 · Gazette deed
Appointment: (manager) General meeting of 01-03-2017 · Gazette deed
All 56 events

Comparable companies

same main activity, similar in size and age
Company
DE WIT Ghent €1.5m €325,220 18.7% 1.7
LOGIES LA MAIRIE Sint-Laureins €2.4m €316,956 17.5% 1.8
INVEST BOEVERIE Bruges €2.2m €256,525 -3.6% 1
DEMBO Oostkamp €0.6m €268,946 38.0% 2
BEAU A VOIR, DELICIEUX A VIVRE Marche-en-Famenne €0.7m €225,112 17.1% 2.2
HOLDING 2000 De Haan €2.0m €578,532 28.6% 2.6
BOTERHUIS Bruges €2.6m €646,909 55.7% 3.2

These companies have the same main activity as DE WIT: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €624,000 and €2.6m, founded between 1985 and 2000.

Official details

Source: KBO
Status
Active since 17-01-1986Normal situation
Activity
Hotels and similar accommodationNACE 55100and 1 other
Joint committee
302Hotels and catering · annual accounts 2025
Establishment unit
2.028.890.5039000 Ghent, since 12-03-1986
Financial year end
31 December
Peppol
Reachable since 03-07-2026
Company details

Annual accounts 2025

≈ €560,000estimated
€1.5m▼ 8.7%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on DE WIT

DE WIT files the abbreviated format. That format states no turnover. The gross margin rose from €38,249 in 2006 to €325,220 in 2025.

The balance sheet grew most in 2022 through fixed assets, financed with long-term debt.

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 DE WIT

What is the company number of DE WIT?
The company number of DE WIT is 0428.422.967. The VAT number is the same number with BE in front: BE 0428.422.967.
Where is DE WIT based?
The registered office is at Nieuwebosstraat 1, 9000 Ghent.Company details
What does DE WIT do?
According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
What is the legal form of DE WIT?
DE WIT is a private limited company (BV).
When was DE WIT founded?
DE WIT was founded on 17-01-1986.
Is DE WIT still active?
Yes, DE WIT is an active enterprise in the KBO register.
How many employees does DE WIT have?
DE WIT had an average of 1.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DE WIT fall under?
In its 2025 annual accounts, DE WIT states joint committee 302 (Hotels and catering).
What is the turnover of DE WIT?
The turnover in financial year 2025 is ≈ €560,000. This figure is estimated from the gross margin of €325,220 and 34 comparable companies (NACE 55). It probably lies between €470,000 and €730,000.
Is DE WIT profitable?
In financial year 2025, DE WIT made a profit of €42,779.
Where can I find the annual accounts of DE WIT?
DE WIT filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE WIT due?
DE WIT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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