De Wit Metaalconstructie
ActiveSummary
The computed 12-month bankruptcy probability of De Wit Metaalconstructie is 1.8% (moderate). The 2025 annual accounts show equity of €19,010 and a net result of €1,927. Its solvency ranks better than 18% of 2,321 sector peers (NACE 25, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €19,010
- Profit
- €1,927
Why 54raises riskFounded in 2024Size: total assets €148,422Equity €19,010 (12.8% of total assets)lowers riskLiquidity: current ratio 1.98, cash €26,741Show the evidence
Checked score
About 2 in 100 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 16% on solvency, 55% on liquidity, 39% on profitability and 61% on growth.
The bankruptcy probability was computed on 29-10-2026 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 2 accounts on average 3 days before 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 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointment: DE WIT Ward Bart…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 71% 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.
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).
Peer companies
Historical observationOf the 2,542 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 94.8% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% 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 2,542 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 | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €98 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,547 | €13,418 | ▲ 40.5% |
| Other operating charges640/8 | €810 | €711 | ▼ 12.2% |
| Gross operating margin9900 | €25,017 | €18,363 | ▼ 26.6% |
| Operating profit (loss)9901 | €14,562 | €4,234 | ▼ 70.9% |
| Financial income75/76B | - | €26 | - |
| Recurring financial income75 | - | €26 | - |
| Financial charges65/66B | €134 | €1,253 | ▲ 838% |
| Recurring financial charges65 | €134 | €1,253 | ▲ 838% |
| Profit (loss) for the period before taxes9903 | €14,428 | €3,007 | ▼ 79.2% |
| Income taxes67/77 | €4,845 | €1,080 | ▼ 77.7% |
| Profit (loss) for the period9904 | €9,583 | €1,927 | ▼ 79.9% |
| Profit (loss) for the period to be appropriated9905 | €9,583 | €1,927 | ▼ 79.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €143,669 | €148,422 | ▲ 3.3% |
| Fixed assets21/28 | €57,541 | €44,123 | ▼ 23.3% |
| Intangible fixed assets21 | €1 | €1 | ▼ 28.9% |
| Tangible fixed assets22/27 | €57,540 | €44,122 | ▼ 23.3% |
| Plant, machinery and equipment23 | €16,051 | €12,301 | ▼ 23.4% |
| Furniture and vehicles24 | €41,489 | €31,822 | ▼ 23.3% |
| Current assets29/58 | €86,128 | €104,299 | ▲ 21.1% |
| Stocks and contracts in progress3 | €28,676 | €45,853 | ▲ 59.9% |
| Stocks30/36 | €10,051 | €9,894 | ▼ 1.6% |
| Contracts in progress37 | €18,625 | €35,959 | ▲ 93.1% |
| Amounts receivable within one year40/41 | €44,670 | €31,592 | ▼ 29.3% |
| Trade receivables40 | €44,338 | €15,696 | ▼ 64.6% |
| Other amounts receivable41 | €331 | €15,897 | ▲ 48× |
| Cash at bank and in hand54/58 | €12,673 | €26,741 | ▲ 111% |
| Deferred charges and accrued income490/1 | €110 | €114 | ▲ 3.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €143,669 | €148,422 | ▲ 3.3% |
| Equity10/15 | €17,083 | €19,010 | ▲ 11.3% |
| Contributions10/11 | €7,500 | €7,500 | = |
| Reserves13 | €9,583 | €11,510 | ▲ 20.1% |
| Distributable reserves133 | €9,583 | €11,510 | ▲ 20.1% |
| Amounts payable17/49 | €126,586 | €129,412 | ▲ 2.2% |
| Amounts payable after more than one year17 | €75,038 | €76,633 | ▲ 2.1% |
| Financial debts170/4 | €36,000 | €27,000 | ▼ 25.0% |
| Other amounts payable178/9 | €39,038 | €49,633 | ▲ 27.1% |
| Amounts payable within one year42/48 | €51,548 | €52,779 | ▲ 2.4% |
| Current portion of amounts payable after more than one year42 | €9,000 | €9,000 | = |
| Trade debts44 | €38,111 | €41,279 | ▲ 8.3% |
| Suppliers440/4 | €38,111 | €41,279 | ▲ 8.3% |
| Taxes, remuneration and social security45 | €4,437 | €2,500 | ▼ 43.7% |
| Taxes450/3 | €937 | €750 | ▼ 20.0% |
| Remuneration and social security454/9 | €3,500 | €1,750 | ▼ 50.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €9,583 | €1,927 | ▼ 79.9% |
| + Depreciation and write-downs630 | €9,547 | €13,418 | ▲ 40.5% |
| Operating cash flow (approximation) | €19,130 | €15,344 | ▼ 19.8% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €14,068 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 26-06-2026 | 2026-00262717 |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00467853 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DE WIT Ward Bart Riet |
|
Owners and capital
Capital and shareholders
- DE WIT Ward Bart Riet 3,750 shares (50%) · in cash
- BEYNE Beaudine 3,750 shares (50%) · in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 16-04-2024 Incorporation · €7,500 · 7,500 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
De Wit Metaalconstructie was incorporated on 12 April 2024 as a private limited company by two natural persons, with a starting capital of €7,500.12 Since 2024, DE WIT Ward Bart Riet has served as eerste niet statutaire bestuurder of the company.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Acts, filings and financial milestones
16-04
Gazette deed
IncorporationAppointment: DE WIT Ward Bart Riet (eerste niet statutaire bestuurder) · Founder · Founding capital13 facts ▸
- Incorporation, “De Wit Metaalconstructie” (deed in Dutch)
- Founder, DE WIT Ward Bart Riet
- Founder, BEYNE Beaudine
- Founding capital, €7,500
- Bank account, “dossier notaris Jessica Verhaeghe, BE45 7512 1301 6989” (deed in Dutch)
- Other provision, “volledige oprichtersaansprakelijkheid te hunnen laste, oprichtersaansprakelijkheid” (deed in Dutch)
- Other provision, “financieel plan en oprichtingskosten”, EUR (deed in Dutch)
- Other provision, “bewaring financieel plan, dossier notaris” (deed in Dutch)
- Other provision, “statuten, HOOFDSTUK II.- STATUTEN” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen aangegaan voor rekening en ten name van vennootschap in oprichting” (deed in Dutch)
- Director appointment, DE WIT Ward Bart Riet (eerste niet statutaire bestuurder)
- Other provision, “afwezigheid strafrechtelijke en burgerlijke bestuursverboden oprichters, oprichters” (deed in Dutch)
- +1 further fact in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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 |
|---|---|---|---|---|
| 35019C0260/00N000 | Flanders | 5,825 m² | 1 · 215 m² | 9.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- 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 METAALCONSTRUCTIE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Zetel is gevestigd in het Vlaamse Gewest, 8470 Gistel,Snaaskerkestraat 35” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, 1” (deed in Dutch)“Indien geen bestuurder benoemd heeft enige aandeelhouder van rechtswege alle rechten en verplichtingen van bestuurder” (deed in Dutch)“Derde tot bestuurder benoemd zelfs in statuten en zonder beperking van duur, tenzij benoemd voor bepaalde duur of voor onbepaalde duur mits…” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Geheel of gedeelte van zijn aandelen, enige aandeelhouder alleen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Friday of June at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Voorstel tot ontbinding, bestuursorgaan” (deed in Dutch)“Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)“Van rechtswege ontbonden, overlijden enige aandeelhouder zonder overgang aandelen op gerechtigde” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Naar evenredigheid zonder onderscheid opeisbare en niet opeisbare schulden onder aftrek disconto, artikelen 2:87 en volgende Wetboek van…” (deed in Dutch)