DE WIT CONSTRUCTIES
ActiveSummary
DE WIT CONSTRUCTIES has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €293,416 and a net result of €1,619. Equity remains stable across the filed financial years (±2% per year). Its solvency ranks better than 36% of 829 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Staff
- 5.9 FTE
- Equity
- €293,416
- Profit
- €1,619
Why 84raises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Size: 5.9 FTE, total assets €843,517lowers riskFounded in 1996Liquidity: current ratio 1.14, cash €131,486Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 25, micro): better than 37% on solvency, 50% on liquidity, 36% on profitability and 38% on growth.
The bankruptcy probability was computed on 30-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 25 days after the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2023 · abbreviated…
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 95% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,041 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €222,090 | €222,809 | €274,585 | €286,286 | €318,920 | ▲ 11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,995 | €49,057 | €21,685 | €28,905 | €7,239 | €4,925 | €43,022 | €53,083 | ▲ 23.4% |
| Other operating charges640/8 | - | - | - | €5,448 | €3,802 | €3,348 | €5,859 | €6,111 | ▲ 4.3% |
| Non-recurring operating charges66A | - | - | - | - | - | €9,531 | - | - | - |
| Gross operating margin9900 | €312,739 | €317,726 | €229,561 | €262,937 | €201,909 | €302,251 | €378,168 | €380,077 | ▲ 0.5% |
| Operating profit (loss)9901 | €79,483 | €8,355 | -€44,177 | €6,495 | -€31,941 | €9,862 | €43,001 | €1,964 | ▼ 95.4% |
| Financial income75/76B | - | - | - | €584 | €1,954 | €1,962 | €601 | €3,127 | ▲ 420% |
| Recurring financial income75 | €1,603 | €1,650 | €1,694 | €584 | €1,954 | €1,962 | €601 | €3,127 | ▲ 420% |
| Financial charges65/66B | - | - | - | €5,940 | €5,139 | €5,155 | €9,069 | €3,175 | ▼ 65.0% |
| Recurring financial charges65 | €7,166 | €4,351 | €4,829 | €5,940 | €5,139 | €5,155 | €9,069 | €3,175 | ▼ 65.0% |
| Profit (loss) for the period before taxes9903 | €73,920 | €5,654 | -€47,312 | €1,138 | -€35,126 | €6,669 | €34,534 | €1,916 | ▼ 94.5% |
| Income taxes67/77 | €288 | €219 | €218 | €219 | €224 | €255 | €309 | €297 | ▼ 4.0% |
| Profit (loss) for the period9904 | €73,632 | €5,435 | -€47,529 | €919 | -€35,350 | €6,414 | €34,224 | €1,619 | ▼ 95.3% |
| Profit (loss) for the period to be appropriated9905 | €73,180 | €5,114 | -€47,529 | €919 | -€35,350 | €6,414 | €34,224 | €1,619 | ▼ 95.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €877,713 | €882,864 | €832,505 | €843,434 | €891,002 | €860,328 | €873,603 | €843,517 | ▼ 3.4% |
| Fixed assets21/28 | €473,962 | €533,484 | €541,178 | €535,793 | €529,210 | €510,764 | €483,288 | €493,777 | ▲ 2.2% |
| Tangible fixed assets22/27 | €472,475 | €531,997 | €539,691 | €534,306 | €527,723 | €509,277 | €481,801 | €492,290 | ▲ 2.2% |
| Land and buildings22 | - | - | - | €71,107 | €67,666 | €64,226 | €52,877 | €37,020 | ▼ 30.0% |
| Plant, machinery and equipment23 | - | - | - | €261,536 | €258,622 | €257,365 | €267,107 | €275,954 | ▲ 3.3% |
| Furniture and vehicles24 | - | - | - | €162,317 | €162,089 | €168,561 | €147,395 | €179,316 | ▲ 21.7% |
| Leasing and similar rights25 | - | - | - | €39,346 | €39,346 | €19,125 | €14,421 | €0 | ▼ 100% |
| Financial fixed assets28 | €1,487 | €1,487 | €1,487 | €1,487 | €1,487 | €1,487 | €1,487 | €1,487 | = |
| Current assets29/58 | €403,750 | €349,380 | €291,327 | €307,641 | €361,791 | €349,564 | €390,315 | €349,740 | ▼ 10.4% |
| Stocks and contracts in progress3 | €75,500 | €75,500 | €75,500 | €119,807 | €120,214 | €71,284 | €49,116 | €111,030 | ▲ 126% |
| Stocks30/36 | - | - | - | €45,807 | €46,214 | €47,284 | €49,116 | €111,030 | ▲ 126% |
| Contracts in progress37 | - | - | - | €74,000 | €74,000 | €24,000 | - | - | - |
| Amounts receivable within one year40/41 | €168,532 | €150,638 | €79,015 | €89,668 | €131,470 | €160,916 | €185,428 | €82,324 | ▼ 55.6% |
| Trade receivables40 | - | - | - | €79,507 | €108,349 | €151,397 | €180,683 | €73,950 | ▼ 59.1% |
| Other amounts receivable41 | - | - | - | €10,161 | €23,121 | €9,519 | €4,745 | €8,374 | ▲ 76.5% |
| Cash at bank and in hand54/58 | €151,349 | €114,392 | €122,409 | €82,737 | €95,124 | €90,972 | €133,336 | €131,486 | ▼ 1.4% |
| Deferred charges and accrued income490/1 | - | - | - | €15,429 | €14,984 | €26,393 | €22,435 | €24,900 | ▲ 11.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €877,713 | €882,864 | €832,505 | €843,434 | €891,002 | €860,328 | €873,603 | €843,517 | ▼ 3.4% |
| Equity10/15 | €327,684 | €333,120 | €285,590 | €286,509 | €251,158 | €257,572 | €291,797 | €293,416 | ▲ 0.6% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | - | - | - | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | - | - | - | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €6,649 | €6,970 | €6,970 | €6,970 | €6,970 | €6,970 | €6,970 | €6,970 | = |
| Non-distributable reserves130/1 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Tax-exempt reserves132 | - | - | - | €773 | €773 | €773 | €773 | €773 | = |
| Profit (loss) carried forward14 | €259,062 | €264,176 | €216,647 | €217,565 | €182,215 | €188,629 | €222,853 | €224,472 | ▲ 0.7% |
| Amounts payable17/49 | €550,028 | €549,744 | €546,914 | €556,925 | €639,843 | €602,756 | €581,806 | €550,101 | ▼ 5.4% |
| Amounts payable after more than one year17 | €247,629 | €213,633 | €286,224 | €262,615 | €239,938 | €211,165 | €209,719 | €243,344 | ▲ 16.0% |
| Financial debts170/4 | - | - | - | €262,615 | €239,938 | €211,165 | €209,719 | €243,344 | ▲ 16.0% |
| Amounts payable within one year42/48 | €279,680 | €330,152 | €252,723 | €281,404 | €383,798 | €371,423 | €347,860 | €306,757 | ▼ 11.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €41,806 | €22,677 | €22,701 | €1,447 | €9,709 | ▲ 571% |
| Trade debts44 | €131,176 | €88,379 | €39,011 | €27,030 | €115,026 | €52,566 | €77,752 | €32,267 | ▼ 58.5% |
| Suppliers440/4 | - | - | - | €27,030 | €115,026 | €52,566 | €77,752 | €32,267 | ▼ 58.5% |
| Taxes, remuneration and social security45 | - | - | - | €31,725 | €30,406 | €68,642 | €51,588 | €66,702 | ▲ 29.3% |
| Taxes450/3 | - | - | - | €5,961 | €6,391 | €18,650 | €9,085 | €12,601 | ▲ 38.7% |
| Remuneration and social security454/9 | - | - | - | €25,764 | €24,016 | €49,991 | €42,503 | €54,101 | ▲ 27.3% |
| Other amounts payable47/48 | - | - | - | €180,843 | €215,689 | €227,515 | €217,073 | €198,079 | ▼ 8.8% |
| Accrued charges and deferred income492/3 | - | - | - | €12,906 | €16,108 | €20,168 | €24,228 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €73,632 | €5,435 | -€47,529 | €919 | -€35,350 | €6,414 | €34,224 | €1,619 | ▼ 95.3% |
| + Depreciation and write-downs630 | €18,995 | €49,057 | €21,685 | €28,905 | €7,239 | €4,925 | €43,022 | €53,083 | ▲ 23.4% |
| Operating cash flow (approximation) | €92,627 | €54,492 | -€25,844 | €29,824 | -€28,111 | €11,339 | €77,246 | €54,702 | ▼ 29.2% |
| Investment in fixed assets (approximation) | - | -€108,578 | -€29,379 | -€23,520 | -€657 | €13,521 | -€15,546 | -€63,572 | ▼ 309% |
| Change in cash | - | -€36,958 | €8,018 | -€39,672 | €12,386 | -€4,152 | €42,364 | -€1,850 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 31-07-2026 | 2026-00362320 |
| 31-12-2024 | abbreviated format | 31-07-2025 | 2025-00346521 |
| 31-12-2023 | abbreviated format | 31-07-2024 | 2024-00310245 |
| 31-12-2022 | abbreviated format | 30-08-2023 | 2023-00378053 |
| 31-12-2021 | abbreviated format | 26-08-2022 | 2022-20322071 |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-64600475 |
| 31-12-2019 | abbreviated format | 28-10-2020 | 2020-63700112 |
| 31-12-2018 | abbreviated format | 29-08-2019 | 2019-53300271 |
| 31-12-2017 | abbreviated format | 29-08-2018 | 2018-51700174 |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-52400556 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €14,155 awarded · €14,155 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €284 | €284 |
| 2023 | 1 | €7,135 | €7,135 |
| 2022 | 2 | €6,736 | €6,736 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 4
Day-to-day management 4
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| DE WIT, Nikolas Henri Stephanie Edmond |
|
| DE WIT, Willem Jozef Julia Edmond |
|
| Nikolas De Wit |
|
| Willem De Wit |
|
Owners and capital
Capital and shareholders
- 06-10-2023 Capital stated in the deed · €61,973.38 · 250 shares
Group and network
Connections & network
4 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
19-10
Gazette deed
Reappointments: Willem De Wit (director) and Nikolas De Wit (director)6 facts ▸
- General meeting, 24-06-2023
- Board meeting, 24-06-2023
- Director reappointment, Willem De Wit (director)
- Director reappointment, Nikolas De Wit (director)
- Director reappointment, Willem De Wit (managing director)
- Director reappointment, Nikolas De Wit (managing director)
06-10
Gazette deed
Appointments: DE WIT, Nikolas Henri Stephanie Edmond (director) and DE WIT, Willem Jozef Julia Edmond (director)Amendment of the articles · Capital · Registered office clause9 facts ▸
- General meeting, 03-10-2023
- Amendment of the articles (2 times)
- Capital, €61,973.38
- Director appointment, DE WIT, Nikolas Henri Stephanie Edmond (director (not named in the articles))
- Director appointment, DE WIT, Willem Jozef Julia Edmond (director (not named in the articles))
- Registered office clause, “3545 Halen, Stadsbeemd 1214” (deed in Dutch)
- Board meeting, “verkozen bestuurders aanwezig, raad van bestuur” (deed in Dutch)
- Director appointment, DE WIT, Nikolas Henri Stephanie Edmond (managing director)
- Director appointment, DE WIT, Willem Jozef Julia Edmond (managing director)
Show earlier events
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0459.099.614
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71020B0298/00X000 | Flanders | 7,751 m² | 1 · 3,510 m² | 10.4 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Onderneming voor fabricage van metalen schrijnwerk,montage van metaalconstructies,plaatijzerbewerking en verschillende fabricages van…” (deed in Dutch)
Text of the purpose (deed in Dutch)
“Onderneming voor fabricage van metalen schrijnwerk,montage van metaalconstructies,plaatijzerbewerking en verschillende fabricages van plaatijzeren artikels met industriële of niet-industriële bestemming,ontwerpen van metalen constructies,het fabriceren en of verwerken van elementen in ijzerhoudend en non ferrometalen,en alle aanverwante activiteiten.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DE WIT CONSTRUCTIES
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,ateliers,opslagplaatsen en bijhuizen oprichten…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Indien slechts één bestuurder benoemd,is dit de enige bestuurder, indien meer dan één bestuurder benoemd,vormen deze samen raad van bestuur” (deed in Dutch)“Indien geen kandidaat meerderheid,herstemming tussen (twee) kandidaten met meeste stemmen, hoogstens zes jaar” (deed in Dutch)“Mandaat uittredende niet-herbenoemde houdt onmiddellijk op na algemene vergadering over herverkiezing, verplicht na ontslag opdracht verder…” (deed in Dutch)“Wanneer plaats openvalt vóór einde mandaat hebben overblijvende bestuurders recht nieuwe bestuurder te coöpteren, eerstvolgende algemene…” (deed in Dutch)“Raad kiest uit midden voorzitter, voorzitterschap raad van bestuur” (deed in Dutch)“Bijeenroeping raad van bestuur, telkens belang van de vennootschap dit vereist” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of June at 15:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Één of meer vereffenaars, bestuursorgaan in functie als college van vereffenaars” (deed in Dutch)“Alle verrichtingen vermeld in de wet” (deed in Dutch)