DE WIT A.
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 19-06-2026 at the NBB all 14 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 94% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7,600 | - | - | €1,777 | - |
| Depreciation and write-downs of the year | €7,677 | €7,518 | €7,124 | €4,618 | €4,748 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €6,262 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,036 | €4,407 | €2,340 | €7,677 | €7,518 | €7,124 | €4,618 | €4,748 | ▲ 2.8% |
| Other operating charges640/8 | - | - | - | €661 | €718 | €731 | €808 | €722 | ▼ 10.6% |
| Gross operating margin9900 | €15,777 | €18,429 | €9,574 | €30,779 | €19,521 | €8,904 | €18,676 | €31,242 | ▲ 67.3% |
| Operating profit (loss)9901 | €8,097 | €13,373 | €6,638 | €22,441 | €11,285 | €1,049 | €13,250 | €25,771 | ▲ 94.5% |
| Financial income75/76B | - | - | - | €1 | - | €18 | €34 | - | - |
| Recurring financial income75 | €11 | €0 | €3 | €1 | - | €18 | €34 | - | - |
| Financial charges65/66B | - | - | - | €1,944 | €2,482 | €2,546 | €3,127 | €2,639 | ▼ 15.6% |
| Recurring financial charges65 | €2,127 | €1,767 | €1,746 | €1,944 | €2,482 | €2,546 | €3,127 | €2,639 | ▼ 15.6% |
| Profit (loss) for the period before taxes9903 | €5,981 | €11,606 | €4,894 | €20,498 | €8,803 | -€1,479 | €10,157 | €23,132 | ▲ 128% |
| Income taxes67/77 | €156 | €2,798 | €116 | €5,701 | €2,847 | €151 | €3,138 | €8,100 | ▲ 158% |
| Profit (loss) for the period9904 | €5,825 | €8,808 | €4,778 | €14,796 | €5,955 | -€1,630 | €7,019 | €15,032 | ▲ 114% |
| Profit (loss) for the period to be appropriated9905 | €5,825 | €8,808 | €4,778 | €14,796 | €5,955 | -€1,630 | €7,019 | €15,032 | ▲ 114% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €86,454 | €89,504 | €96,478 | €115,773 | €108,485 | €95,217 | €98,195 | €104,396 | ▲ 6.3% |
| Fixed assets21/28 | €69,255 | €64,279 | €71,917 | €71,840 | €64,322 | €57,197 | €54,356 | €49,608 | ▼ 8.7% |
| Tangible fixed assets22/27 | €69,255 | €64,279 | €71,917 | €71,840 | €64,322 | €57,197 | €54,356 | €49,608 | ▼ 8.7% |
| Land and buildings22 | - | - | - | €65,983 | €61,590 | €57,197 | €52,805 | €48,412 | ▼ 8.3% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €1,551 | €1,196 | ▼ 22.9% |
| Furniture and vehicles24 | - | - | - | €5,856 | €2,731 | - | - | - | - |
| Current assets29/58 | €17,199 | €25,224 | €24,561 | €43,934 | €44,163 | €38,020 | €43,839 | €54,788 | ▲ 25.0% |
| Amounts receivable within one year40/41 | €835 | €411 | €1,538 | €1,079 | €3,285 | €3,410 | €2,589 | €8,234 | ▲ 218% |
| Trade receivables40 | - | - | - | €1,079 | €1,133 | €1,257 | €2,589 | €8,234 | ▲ 218% |
| Other amounts receivable41 | - | - | - | - | €2,153 | €2,153 | - | - | - |
| Cash at bank and in hand54/58 | €16,364 | €24,814 | €22,562 | €42,269 | €40,534 | €34,251 | €40,879 | €46,176 | ▲ 13.0% |
| Deferred charges and accrued income490/1 | - | - | - | €586 | €344 | €359 | €371 | €379 | ▲ 2.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €86,454 | €89,504 | €96,478 | €115,773 | €108,485 | €95,217 | €98,195 | €104,396 | ▲ 6.3% |
| Equity10/15 | €21,366 | €30,174 | €34,952 | €34,999 | €35,204 | €33,574 | €40,593 | €46,875 | ▲ 15.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Contributions outside capital11 | - | - | - | €18,600 | - | - | - | - | - |
| Other1109/19 | - | - | - | €18,600 | - | - | - | - | - |
| Reserves13 | €3,360 | €12,110 | €12,110 | €12,110 | €12,110 | €12,110 | €18,860 | €25,110 | ▲ 33.1% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €10,250 | €10,250 | €10,250 | €17,000 | €23,250 | ▲ 36.8% |
| Profit (loss) carried forward14 | -€594 | -€536 | €4,242 | €4,289 | €4,494 | €2,864 | €3,133 | €3,165 | ▲ 1.0% |
| Amounts payable17/49 | €65,088 | €59,330 | €61,526 | €80,775 | €73,281 | €61,643 | €57,602 | €57,521 | ▼ 0.1% |
| Amounts payable after more than one year17 | €39,310 | €36,599 | €33,832 | €31,010 | €28,129 | €25,191 | €22,192 | €19,132 | ▼ 13.8% |
| Financial debts170/4 | - | - | - | €31,010 | €28,129 | €25,191 | €22,192 | €19,132 | ▼ 13.8% |
| Amounts payable within one year42/48 | €25,779 | €22,731 | €27,694 | €49,765 | €45,151 | €36,453 | €35,411 | €38,389 | ▲ 8.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €2,823 | €2,880 | €2,939 | €2,999 | €3,060 | ▲ 2.0% |
| Trade debts44 | €41 | €35 | €41 | €247 | €31 | €72 | €509 | €479 | ▼ 5.8% |
| Suppliers440/4 | - | - | - | €247 | €31 | €72 | €509 | €479 | ▼ 5.8% |
| Taxes, remuneration and social security45 | - | - | - | €6,295 | €6,759 | €965 | €4,650 | €6,687 | ▲ 43.8% |
| Taxes450/3 | - | - | - | €6,295 | €6,759 | €965 | €4,650 | €6,687 | ▲ 43.8% |
| Other amounts payable47/48 | - | - | - | €40,401 | €35,481 | €32,477 | €27,253 | €28,163 | ▲ 3.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,825 | €8,808 | €4,778 | €14,796 | €5,955 | -€1,630 | €7,019 | €15,032 | ▲ 114% |
| + Depreciation and write-downs630 | €7,036 | €4,407 | €2,340 | €7,677 | €7,518 | €7,124 | €4,618 | €4,748 | ▲ 2.8% |
| Operating cash flow (approximation) | €12,861 | €13,215 | €7,118 | €22,474 | €13,473 | €5,494 | €11,637 | €19,780 | ▲ 70.0% |
| Investment in fixed assets (approximation) | - | €569 | -€9,977 | -€7,600 | €0 | €0 | -€1,777 | €0 | - |
| Change in cash | - | €8,450 | -€2,252 | €19,707 | -€1,735 | -€6,283 | €6,629 | €5,296 | ▼ 20.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as DE WIT A. has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of DE WIT A. itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 34,693 companies, not a prediction for DE WIT A.. 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.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 19-06-2026 | 2026-00178840 | |
| 31-12-2024 | micro format | 18-08-2025 | 2025-00380167 | |
| 31-12-2023 | micro format | 10-06-2024 | 2024-00118338 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00393992 | |
| 31-12-2021 | micro format | 02-08-2022 | 2022-20261276 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-44300122 | |
| 31-12-2019 | micro format | 07-07-2020 | 2020-27400151 | |
| 31-12-2018 | micro format | 23-07-2019 | 2019-39000044 | |
| 31-12-2017 | micro format | 27-06-2018 | 2018-24800513 | |
| 31-12-2016 | micro format | 30-05-2017 | 2017-14000150 |