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DE WIT

Active Private limited companyfounded 1992active for 34 yearsTorhoutsesteenweg 475, 8400 OstendKBO/BCE: BE 0448.460.989

Lifetime

20 annual accounts with figures on one time axis, 33 filings since 1993
peak €382,748 (2023)
€257,435▲ 39.0%
lowest -€36,088 (2018)
€60,525▲ 306%
peak €344,368 (2023)
€283,460▲ 27.1%
€731,855▲ 406%
peak 6.4 FTE (2019)
-not published
Board7 names since 2015
6 directors and 5 others
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €185,183 to €257,435Result from €14,907 to €60,525Equity from €222,934 to €283,460Debts from €144,697 to €731,855Cash from €84,748 to €120,180

Key points

from the 2025 annual accounts

Equity

€283,460 ▲ 27.1%

DE WIT has made a profit without a break since 2021.

Turnover

≈ €920,000 estimated

The accounts state no turnover.

Debts

€731,855 ▲ 406%
Suppliers
+580,218
Taxes and wages
+7,006
The rest
-66

Debts rose by €587,158 in 2025.

Staff

5 employees on 31-12-2025
1716202132322022303020233131202425252025

In 2025, 25 people joined and 25 left.

Filings

33 annual accounts since 1993
AprilJune31 JulyOctober200020102020

Five of the last ten came late. The 2024 accounts came latest: 40 days after the end of the period.

Position in the sector

€60,525

Higher net result than 91% of companies in retail trade. Sector median €4,763 · 25,208 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,819 companies had the same profile as DE WIT has now. Each dot stands for 10 companies, two years later.

95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% 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 3,819 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Daily manager
Director
Director
Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0448460989
3 directors appointed , and · “De verkoop van brocante en antiek,de export van dezelfde goederen; Het verhuren van toneelrekwisieten; De…” (deed in Dutch) · Capital of €123,946.76 · General meeting of 26-03-2024 · Gazette deed
1 director resigning, 3 reappointments Reappointments: (managing director and chair of the board), and · Resignation: · General meeting of 30-06-2021 · Gazette deed
4 directors reappointed (managing director), , and · General meeting of 31-08-2015 · Gazette deed
All 44 events

Comparable companies

same main activity, similar in size and age
Company
DE WIT Ostend €1.0m €257,435 27.9% -
POLYEDRE Boechout €0.9m €193,767 86.6% -
Multi-Sun Jabbeke €1.1m €370,399 20.7% -
INTERART - INTERGIFT Bruges €0.9m €150,569 32.7% 2.9
VAN DE WIELE Bruges €1.2m €118,158 61.7% 1
EUROPEAN ANTIQUES WAREHOUSE Avelgem €0.8m €190,911 47.8% -
Emile et fils Lontzen €1.2m €138,512 89.9% -

These companies have the same main activity as DE WIT: retail sale of antiques (NACE 47791). They are comparable in size and age: total assets between €819,000 and €1.2m, founded between 1988 and 2001.

Official details

Source: KBO
Status
Active since 21-10-1992Normal situation
Activity
Retail sale of antiquesNACE 47791and 1 other
Establishment unit
2.059.471.4358400 Ostend, since 23-08-1994
Financial year end
31 December
Peppol
Reachable since 05-10-2025
Company details

Annual accounts 2025

€1.0m▲ 176%
Employeeson 31-12-2025
5=
Filing
Filed on 27-08-2026
Financials

Insights on DE WIT

DE WIT files the micro format. That format states no turnover. The gross margin rose from €184,386 in 2006 to €257,435 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 DE WIT

What is the company number of DE WIT?
The company number of DE WIT is 0448.460.989. The VAT number is the same number with BE in front: BE 0448.460.989.
Where is DE WIT based?
The registered office is at Torhoutsesteenweg 475, 8400 Ostend.Company details
What does DE WIT do?
According to the KBO register, the main activity is retail sale of antiques (NACE 47791).
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 21-10-1992.
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 5.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of DE WIT?
The turnover in financial year 2025 is ≈ €920,000. This figure is estimated from the gross margin of €257,435 and 67 comparable companies (NACE 477). It probably lies between €630,000 and €1.4m.
Is DE WIT profitable?
In financial year 2025, DE WIT made a profit of €60,525.
Where can I find the annual accounts of DE WIT?
DE WIT filed 33 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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