DE WIT
ActiveSummary
DE WIT has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €283k and a net result of €61k. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+2
Solvency53▼-33
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 2.12 in 2024; short-term debt: 72.1% and cash: 11.8% of total assets), and 72.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.9%
Return on assets
6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
40 d late
2023
28 d early
2022
28 d early
2021
31 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€283k▲ 27.1%
2024 · €223k
2018: €102klowest in 8 years
2019: €137k▲ +34.3% vs 2018
2020: €102k▼ -25.2% vs 2019
2021: €136k▲ +33.4% vs 2020
2022: €196k▲ +43.8% vs 2021
2023: €344k▲ +75.6% vs 2022highest in 8 years
2024: €223k▼ -35.3% vs 2023
2025: €283k▲ +27.1% vs 2024
2018 → 2025
Total assets
€1.02M▲ 176%
2024 · €368k
2018: €376k
2019: €460k▲ +22.3% vs 2018
2020: €183k▼ -60.2% vs 2019lowest in 8 years
2021: €317k▲ +73.0% vs 2020
2022: €360k▲ +13.5% vs 2021
2023: €1.14M▲ +218% vs 2022highest in 8 years
2024: €368k▼ -67.8% vs 2023
2025: €1.02M▲ +176% vs 2024
2018 → 2025
Net result
€61k▲ 306%
2024 · €15k
2018: €-36klowest in 8 years
2019: €45k▲ +226% vs 2018
2020: €-34k▼ -176% vs 2019
2021: €63k▲ +283% vs 2020
2022: €60k▼ -5.3% vs 2021
2023: €148k▲ +148% vs 2022highest in 8 years
2024: €15k▼ -89.9% vs 2023
2025: €61k▲ +306% vs 2024
2018 → 2025
Working capital
€226k▲ 39.2%
2024 · €162k
2018: €45k
2019: €78k▲ +73.6% vs 2018
2020: €43k▼ -45.5% vs 2019lowest in 8 years
2021: €77k▲ +81.0% vs 2020
2022: €138k▲ +78.7% vs 2021
2023: €282k▲ +104% vs 2022highest in 8 years
2024: €162k▼ -42.4% vs 2023
2025: €226k▲ +39.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€136k-€196k▲ 43.8%€344k▲ 75.6%€223k▼ 35.3%€283k▲ 27.1%
2021: €136klowest in 5 years
2022: €196k▲ +43.8% vs 2021
2023: €344k▲ +75.6% vs 2022highest in 5 years
2024: €223k▼ -35.3% vs 2023
2025: €283k▲ +27.1% vs 2024
Operating result€71k-€88k▲ 25.2%€220k▲ 149%€24k▼ 89.3%€90k▲ 283%
2021: €71k
2022: €88k▲ +25.2% vs 2021
2023: €220k▲ +149% vs 2022highest in 5 years
2024: €24k▼ -89.3% vs 2023lowest in 5 years
2025: €90k▲ +283% vs 2024
Net result€63k-€60k▼ 5.3%€148k▲ 148%€15k▼ 89.9%€61k▲ 306%
2021: €63k
2022: €60k▼ -5.3% vs 2021
2023: €148k▲ +148% vs 2022highest in 5 years
2024: €15k▼ -89.9% vs 2023lowest in 5 years
2025: €61k▲ +306% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 283% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.02M
Fixed assets
€58k ▼ 5.0%
Current assets
€958k ▲ 212%
Equity and liabilities €1.02M
Equity
€283k ▲ 27.1%
Debt
€732k ▲ 406%
Debt's share of the balance-sheet total rises from 39.4% to 72.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€94k▲
2024 · €28k
Cash flow
€65k▲
2024 · €19k
Current ratio
1.31▼
2024 · 2.12
Quick ratio
1.27▼
2024 · 1.79
Debt to equity
2.58▲
2024 · 0.65
ROE
21.4%▲
2024 · 6.7%
ROA
6.0%▲
2024 · 4.1%
Interest coverage
74.84▲
2024 · 17.33
Debt ≤ 1 year
€732k▲
2024 · €145k
Income taxes
€28k▲
2024 · €7k
Staff costs
€152k▲
2024 · €150k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€368k€1.02M▲
Fixed assets21/28€61k€58k▼
Tangible fixed assets22/27€60k€57k▼
Land and buildings22€50k€50k=
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€1k€1k▲
Financial fixed assets28€179€179=
Current assets29/58€307k€958k▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€48k€29k▼
Stocks30/36€48k€29k▼
Amounts receivable within one year40/41€161k€807k▲
Trade receivables40€101k€756k▲
Other amounts receivable41€61k€51k▼
Cash at bank and in hand54/58€85k€120k▲
Deferred charges and accrued income490/1€13k€866▼
Equity and liabilities
Total equity and liabilities10/49€368k€1.02M▲
Equity10/15€223k€283k▲
Contributions10/11€0-
Capital10€0-
Issued capital100€0-
Reserves13€223k€283k▲
Non-distributable reserves130/1€0-
Legal reserve130€0-
Distributable reserves133€223k€283k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€145k€732k▲
Amounts payable within one year42/48€145k€732k▲
Financial debts43€5k€5k▼
Credit institutions430/8€5k€5k▼
Trade debts44€80k€660k▲
Suppliers440/4€80k€660k▲
Taxes, remuneration and social security45€59k€66k▲
Taxes450/3€38k€46k▲
Remuneration and social security454/9€21k€20k▼
Income statement
Code20242025
Remuneration, social security and pensions62€150k€152k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€7k€6k▼
Non-recurring operating charges66A€674€5k▲
Gross operating margin9900€185k€257k▲
Operating profit (loss)9901€24k€90k▲
Financial income75/76B€26€0▼
Recurring financial income75€26€0▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€22k€89k▲
Income taxes67/77€7k€28k▲
Profit (loss) for the period9904€15k€61k▲
Profit (loss) for the period to be appropriated9905€15k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€61k▲
Transfer from equity791/2€12k€0▼
Transfer to equity691/2€15k€61k▲
To other reserves6921€15k€61k▲
Profit to be distributed694/7€12k€0▼
Return on contributions (dividend)694€12k€0▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €127k | €136k | €152k | €150k | €152k | ▲ 1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €2k | €3k | €4k | €4k | ▼ 5.5% |
| Other operating charges640/8 | €23k | €6k | €6k | €7k | €6k | ▼ 12.4% |
| Non-recurring operating charges66A | €2k | €533 | €2k | €674 | €5k | ▲ 672% |
| Gross operating margin9900 | €226k | €233k | €383k | €185k | €257k | ▲ 39.0% |
| Operating profit (loss)9901 | €71k | €88k | €220k | €24k | €90k | ▲ 283% |
| Financial income75/76B | €23 | €961 | €2k | €26 | €0 | ▼ 100% |
| Recurring financial income75 | €23 | €961 | €2k | €26 | €0 | ▼ 100% |
| Financial charges65/66B | €1k | €1k | €2k | €2k | €1k | ▼ 21.5% |
| Recurring financial charges65 | €1k | €1k | €2k | €2k | €1k | ▼ 21.5% |
| Profit (loss) for the period before taxes9903 | €69k | €88k | €220k | €22k | €89k | ▲ 305% |
| Income taxes67/77 | €6k | €28k | €72k | €7k | €28k | ▲ 302% |
| Profit (loss) for the period9904 | €63k | €60k | €148k | €15k | €61k | ▲ 306% |
| Transfer from tax-exempt reserves789 | €544 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €64k | €60k | €148k | €15k | €61k | ▲ 306% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €317k | €360k | €1.14M | €368k | €1.02M | ▲ 176% |
| Fixed assets21/28 | €59k | €58k | €62k | €61k | €58k | ▼ 5.0% |
| Tangible fixed assets22/27 | €59k | €58k | €62k | €60k | €57k | ▼ 5.0% |
| Land and buildings22 | €50k | €50k | €50k | €50k | €50k | = |
| Plant, machinery and equipment23 | €7k | €6k | €10k | €9k | €6k | ▼ 34.4% |
| Furniture and vehicles24 | €966 | €2k | €2k | €1k | €1k | ▲ 1.9% |
| Financial fixed assets28 | €476 | €179 | €179 | €179 | €179 | = |
| Current assets29/58 | €258k | €302k | €1.08M | €307k | €958k | ▲ 212% |
| Amounts receivable after more than one year29 | - | €46k | €145k | €0 | - | - |
| Other amounts receivable291 | - | €46k | €145k | €0 | - | - |
| Stocks and contracts in progress3 | €28k | €27k | €42k | €48k | €29k | ▼ 38.6% |
| Stocks30/36 | €28k | €27k | €42k | €48k | €29k | ▼ 38.6% |
| Amounts receivable within one year40/41 | €141k | €133k | €828k | €161k | €807k | ▲ 400% |
| Trade receivables40 | €95k | €131k | €818k | €101k | €756k | ▲ 652% |
| Other amounts receivable41 | €45k | €2k | €9k | €61k | €51k | ▼ 15.5% |
| Cash at bank and in hand54/58 | €81k | €95k | €54k | €85k | €120k | ▲ 41.8% |
| Deferred charges and accrued income490/1 | €8k | €395 | €13k | €13k | €866 | ▼ 93.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €317k | €360k | €1.14M | €368k | €1.02M | ▲ 176% |
| Equity10/15 | €136k | €196k | €344k | €223k | €283k | ▲ 27.1% |
| Contributions10/11 | €124k | €124k | €124k | €0 | - | - |
| Capital10 | €124k | €124k | €124k | €0 | - | - |
| Issued capital100 | €124k | €124k | €124k | €0 | - | - |
| Reserves13 | €12k | €72k | €220k | €223k | €283k | ▲ 27.1% |
| Non-distributable reserves130/1 | €12k | €12k | €12k | €0 | - | - |
| Legal reserve130 | €12k | €12k | €12k | €0 | - | - |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | - | €60k | €208k | €223k | €283k | ▲ 27.1% |
| Profit (loss) carried forward14 | €0 | €0 | - | €0 | €0 | - |
| Amounts payable17/49 | €180k | €164k | €799k | €145k | €732k | ▲ 406% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Financial debts170/4 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €180k | €164k | €799k | €145k | €732k | ▲ 406% |
| Current portion of amounts payable after more than one year42 | €537 | €0 | - | - | - | - |
| Financial debts43 | €7k | €5k | €5k | €5k | €5k | ▼ 1.3% |
| Credit institutions430/8 | €7k | €5k | €5k | €5k | €5k | ▼ 1.3% |
| Trade debts44 | €88k | €90k | €661k | €80k | €660k | ▲ 723% |
| Suppliers440/4 | €88k | €90k | €661k | €80k | €660k | ▲ 723% |
| Taxes, remuneration and social security45 | €56k | €68k | €133k | €59k | €66k | ▲ 11.8% |
| Taxes450/3 | €32k | €49k | €105k | €38k | €46k | ▲ 22.2% |
| Remuneration and social security454/9 | €23k | €19k | €28k | €21k | €20k | ▼ 6.7% |
| Other amounts payable47/48 | €29k | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63k | €60k | €148k | €15k | €61k | ▲ 306% |
| + Depreciation and write-downs630 | €3k | €2k | €3k | €4k | €4k | ▼ 5.5% |
| Operating cash flow (approximation) | €66k | €62k | €151k | €19k | €65k | ▲ 237% |
| Investment in fixed assets (approximation) | - | €-957 | €-7k | €-3k | €-966 | ▲ 61.6% |
| Change in cash | - | €14k | €-42k | €31k | €35k | ▲ 13.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €148k ▲148%
Operating result €220k, net result €148k, both a record.
31-12
Financial
Equity above €200kEq €344k ▲75.6%
3 profitable years in a row build equity to €344k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €196k ▲43.8%
2 profitable years in a row build equity to €196k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Back to profitnet €63k
Net result €63k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
Show earlier events
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 1994
Ground area
902 m²
Building footprint
576 m²
Volume, LiDAR
3,616 m³
Parcel 35020B0446/12N002, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DE WIT NV
since 19942.059.471.435
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020B0446/12N002 | Flanders | 902 m² | 2 · 576 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Het Archief
BE 0886.454.888
Evergem · Eq €285k
L'ESPRIT DE L'ART
BE 0448.245.908
Antwerpen · Eq €287k
Antiquiteiten Frank Van Laer
BE 0461.470.372
Antwerpen · Eq €288k
Norden Jacob Fine Antiques
BE 0502.775.744
Waterloo · Eq €290k
MODEST FURNITURE
BE 0533.828.018
Antwerpen · Eq €276k
Of 1,435 companies in sector 47791 we hold annual accounts for 456. 329 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-10-1992
Fiscal year end31-12
Activities, NACEBEL 2025
47791Retail sale of antiques
46900Non-specialised wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.