DE WITTE
ActiveFrom the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
DE WITTE has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of -€24,498. Equity is growing by about 3.2% per year across the filed financial years. Its solvency ranks better than 25% of 379 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Official details
KBO- Status
- Active since 27-11-1992 Normal situation
- Legal form
- Private limited company
- Registered office
- Krommewege 43, 9990 Maldegem
- Activity
- Construction of roads and motorways NACE 42110and 5 others
- Establishment units
- 2.059.881.607 9990 Maldegem, since 14-12-1992
- 2.222.668.985 9880 Aalter, since 09-10-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 18-08-2025
How it is doing
- Bankruptcy probabilitywithin 12 months
- 1.2%
Annual accounts 2025
- Turnover
- €13.8m
- ▼ 1.5%
- Loss
- €24,498
- Equity
- €2.9m
- ▼ 0.8%
- Total assets
- €11.8m
- ▲ 0.2%
- Staff
- 31.3 FTE
- ▼ 4.3%
2025 accounts 17 days early
Filed on 14-07-2026at the National Bank
Why 63raises riskLiquidity: current ratio 0.97, cash €275,767Size: turnover €13.8m, 31.3 FTE, total assets €11.8mEquity €2.9m (24.5% of total assets)lowers riskFounded in 1992Show the evidence
Checked score
Score 2025
63
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 25% of its sector peers (NACE 42, small)
Financial strength · tick = 2024
Weak
Solvency
50=
equity 24.5% of total assets
Liquidity
31-1
short-term debt 44.6% · cash 2.3%
Profitability
50-5
return on assets -0.2%
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.3%
12-2024: 2.3%● unchanged vs 11-2024
01-2025: 2.3%● unchanged vs 12-2024
02-2025: 2.2%▼ -0.1 percentage points vs 01-2025
03-2025: 2.3%▲ +0.1 percentage points vs 02-2025
04-2025: 2.3%● unchanged vs 03-2025
05-2025: 2.3%● unchanged vs 04-2025
06-2025: 2.3%● unchanged vs 05-2025
07-2025: 2.6%▲ +0.3 percentage points vs 06-2025highest value
08-2025: 1.3%▼ -1.3 percentage points vs 07-2025
09-2025: 1.3%● unchanged vs 08-2025
10-2025: 1.3%● unchanged vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.2%▼ -0.1 percentage points vs 01-2026
03-2026: 1.2%● unchanged vs 02-2026lowest value
04-2026: 1.2%● unchanged vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.3%▲ +0.1 percentage points vs 05-2026
07-2026: 1.3%● unchanged vs 06-2026
08-2026: 1.2%▼ -0.1 percentage points vs 07-2026
09-2026: 1.2%● unchanged vs 08-2026
10-2026: 1.2%● unchanged vs 09-2026
Credit of up to €180,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.97, compared with 0.94 in 2024, below 1; short-term debt: 44.6% and cash: 2.3% of total assets), and 75.5% of the assets are financed with debt and provisions.
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 42, small): better than 25% on solvency, 28% on liquidity, 18% on profitability and 29% on growth.
The bankruptcy probability was computed on 31-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 379 sector peers (2025).
NBB · sector comparisonPosition among 379 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 days early
2024
16 days early
2023
174 days late
2022
101 days late
2021
51 days late
2020
5 days late
2019
40 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 48 days after the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 September (4 of the last 5 filed years within 68 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials · financial year 2025, full format
In the rankings
#3 company by total assets in Maldegem, Construction sector#5 company by equity in Maldegem, Construction sector#6 employer in Maldegem, Construction sector
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 14-07-2026
- Format
- full format
- Reference
- 2026-00297283
Turnover
€13.8m▼ 1.5%
2024 · €14.0m
EBIT margin
1.1%▼ 1.0pp
2024 · 2.2%
Net result
-€24,498
2024 · €54,326
Working capital
-€177,791▲ 43.7%
2024 · -€315,758
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen two years in a row; 2025 is 48% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€13.8m
2025
Operating result€0.2m
2025
Net result-€0.02m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€11.8m
2025
Equity€2.9m
2025
Debt€8.9m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.2m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin1.1%
2025
Return on assets (ROA)-0.2%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency24.5%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.97
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)31.3
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 42, Civil engineering: 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).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€12.6m-€12.7m▲ 0.3%€9.4m▼ 26.1%€10.4m▲ 10.7%€11.7m▲ 13.3%€13.9m▲ 18.5%€14.0m▲ 0.4%€13.8m▼ 1.5%
Operating result€0.6m-€0.6m▼ 1.9%-€0.2m€0.2m€0.2m▼ 1.2%€0.6m▲ 155%€0.3m▼ 50.7%€0.2m▼ 48.1%
Net result€0.4m-€0.3m▼ 18.2%-€0.3mbelow the sector's middle half€0.05mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 129%€0.3mwithin the sector's middle half▲ 190%€0.05mwithin the sector's middle half▼ 83.2%-€0.02mbelow the sector's middle half
EBIT margin5.0%-4.9%▼ 0.1pp-1.7%▼ 6.7pp2.4%▲ 4.1pp2.1%▼ 0.3pp4.4%▲ 2.4pp2.2%▼ 2.2pp1.1%▼ 1.0pp
Equity€2.3m-€2.6m▲ 13.4%€2.4mwithin the sector's middle half▼ 9.8%€2.4mwithin the sector's middle half▲ 2.0%€2.5mwithin the sector's middle half▲ 4.6%€2.9mwithin the sector's middle half▲ 12.7%€2.9mwithin the sector's middle half▲ 1.9%€2.9mwithin the sector's middle half▼ 0.8%
Total assets€11.5m-€11.7m▲ 1.4%€11.2mwithin the sector's middle half▼ 4.1%€11.6mwithin the sector's middle half▲ 3.4%€12.6mwithin the sector's middle half▲ 8.8%€12.2mwithin the sector's middle half▼ 3.4%€11.8mwithin the sector's middle half▼ 3.3%€11.8mwithin the sector's middle half▲ 0.2%
Debt€9.2m-€9.0m▼ 1.6%€8.8m▼ 2.4%€9.2m▲ 4.3%€10.1m▲ 10.0%€9.3m▼ 7.5%€8.8m▼ 5.0%€8.9m▲ 0.6%
Working capital-€1.7m-€0.3m-€0.4mbelow the sector's middle half-€0.1mbelow the sector's middle half▲ 65.1%-€0.009mbelow the sector's middle half▲ 92.9%-€0.2mbelow the sector's middle half▼ 1,896%-€0.3mbelow the sector's middle half▼ 69.4%-€0.2mbelow the sector's middle half▲ 43.7%
Solvency20.2%-22.6%▲ 2.4pp21.2%below the sector's middle half▼ 1.3pp20.9%within the sector's middle half▼ 0.3pp20.1%below the sector's middle half▼ 0.8pp23.5%within the sector's middle half▲ 3.4pp24.8%within the sector's middle half▲ 1.3pp24.5%below the sector's middle half▼ 0.2pp
Current ratio0.75-1.08▲ 0.320.90below the sector's middle half▼ 0.180.97below the sector's middle half▲ 0.071.00below the sector's middle half▲ 0.030.97below the sector's middle half▼ 0.030.94below the sector's middle half▼ 0.030.97below the sector's middle half▲ 0.03
Return on assets (ROA)3.3%-2.7%▼ 0.6pp-2.3%below the sector's middle half▼ 5.0pp0.4%within the sector's middle half▲ 2.7pp0.9%within the sector's middle half▲ 0.5pp2.6%within the sector's middle half▲ 1.8pp0.5%below the sector's middle half▼ 2.2pp-0.2%below the sector's middle half▼ 0.7pp
Staff (FTE)37.5-36.9▼ 1.6%37.2within the sector's middle half▲ 0.8%32.8within the sector's middle half▼ 11.8%32.7within the sector's middle half▼ 0.3%30.8within the sector's middle half▼ 5.8%32.7within the sector's middle half▲ 6.2%31.3within the sector's middle half▼ 4.3%
above
within
below
the middle half of NACE 42, Civil engineering: 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.8m
Fixed assets
€6.7m ▼ 4.9%
Current assets
€5.1m ▲ 7.7%
Equity and liabilities €11.8m
Equity
€2.9m ▼ 0.8%
Provisions
€26,197 ▼ 27.0%
Debt
€8.9m ▲ 0.6%
Debt's share of the balance-sheet total rises from 74.9% to 75.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€625,294▼
2024 · €832,533
Cash flow
€443,266▼
2024 · €583,612
Quick ratio
0.74▲
2024 · 0.71
Debt to equity
3.07▲
2024 · 3.03
ROE
-0.8%▼
2024 · 1.9%
Interest coverage
4.51▼
2024 · 4.91
Debt ≤ 1 year
€5.3m▲
2024 · €5.0m
Debt > 1 year
€3.5m▼
2024 · €3.7m
Income taxes
€23,583▲
2024 · €22,230
Staff costs
€2.0m▲
2024 · €1.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,507 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96.4% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
1.6%
went bankrupt
1.8%
stopped otherwise
96.4%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% 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 2,507 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.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €11.0m | €12.7m | €14.4m | €14.7m | €14.3m | ▼ 2.8% |
| Turnover70 | €12.6m | €12.7m | €9.4m | €10.4m | €11.7m | €13.9m | €14.0m | €13.8m | ▼ 1.5% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | -€0.01m | €0.3m | -€0.1m | - | - | - |
| Own construction capitalised72 | - | - | - | €0.04m | - | - | €0.05m | - | - |
| Other operating income74 | - | - | - | €0.6m | €0.7m | €0.5m | €0.6m | €0.6m | ▼ 2.2% |
| Non-recurring operating income76A | - | - | - | - | €0.009m | €0.06m | €0.1m | - | - |
| Operating charges60/66A | - | - | - | €10.8m | €12.5m | €13.8m | €14.4m | €14.2m | ▼ 1.8% |
| Goods for resale, raw materials and consumables60 | - | - | - | €5.5m | €6.5m | €7.8m | €7.8m | €7.5m | ▼ 3.7% |
| Purchases600/8 | - | - | - | €5.5m | €6.3m | €7.9m | €8.0m | €7.5m | ▼ 6.1% |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.09m | €0.2m | -€0.04m | -€0.2m | -€0.02m | ▲ 91.7% |
| Services and other goods61 | - | - | - | €3.0m | €3.6m | €3.6m | €4.1m | €4.0m | ▼ 1.0% |
| Remuneration, social security and pensions62 | - | - | - | €1.7m | €1.8m | €1.8m | €1.9m | €2.0m | ▲ 4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.5m | €0.6m | €0.6m | €0.6m | €0.6m | €0.5m | €0.5m | €0.5m | ▼ 11.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €0.02m | €0.08m | ▲ 327% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€0.06m | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.04m | €0.03m | €0.05m | €0.08m | €0.07m | ▼ 15.4% |
| Non-recurring operating charges66A | - | - | - | €0.001m | - | - | - | - | - |
| Operating profit (loss)9901 | €0.6m | €0.6m | -€0.2m | €0.2m | €0.2m | €0.6m | €0.3m | €0.2m | ▼ 48.1% |
| Financial income75/76B | - | - | - | €0.04m | €0.06m | €0.05m | €0.02m | €0.03m | ▲ 72.8% |
| Recurring financial income75 | €0.04m | €0.04m | €0.05m | €0.04m | €0.06m | €0.05m | €0.02m | €0.03m | ▲ 72.8% |
| Income from financial fixed assets750 | - | - | - | €0.009m | €0.06m | €0.05m | €0.007m | €0.007m | ▲ 9.3% |
| Income from current assets751 | - | - | - | - | - | - | €0.009m | €139 | ▼ 98.5% |
| Other financial income752/9 | - | - | - | €0.03m | - | - | €0.001m | €0.02m | ▲ 15× |
| Financial charges65/66B | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 14.5% |
| Recurring financial charges65 | €0.3m | €0.2m | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 14.5% |
| Debt charges650 | €0.1m | €0.1m | €0.06m | €0.07m | €0.09m | €0.1m | €0.2m | €0.1m | ▼ 18.1% |
| Other financial charges652/9 | - | - | - | €0.07m | €0.08m | €0.07m | €0.06m | €0.06m | ▼ 4.5% |
| Profit (loss) for the period before taxes9903 | €0.4m | €0.4m | -€0.3m | €0.1m | €0.1m | €0.4m | €0.09m | -€0.01m | - |
| Transfer from deferred taxes780 | - | - | - | €0.005m | €0.007m | €0.007m | €0.008m | €0.01m | ▲ 28.5% |
| Transfer to deferred taxes680 | - | - | - | €0.03m | - | €0.01m | €0.02m | - | - |
| Income taxes67/77 | €0.05m | €0.1m | €0.005m | €0.07m | €0.02m | €0.1m | €0.02m | €0.02m | ▲ 6.1% |
| Taxes670/3 | - | - | - | €0.07m | €0.02m | €0.1m | €0.02m | €0.02m | ▲ 6.1% |
| Profit (loss) for the period9904 | €0.4m | €0.3m | -€0.3m | €0.05m | €0.1m | €0.3m | €0.05m | -€0.02m | - |
| Transfer from tax-exempt reserves789 | - | - | - | €0.03m | €0.02m | €0.02m | €0.02m | €0.03m | ▲ 28.5% |
| Transfer to tax-exempt reserves689 | - | - | - | €0.08m | €0.1m | €0.08m | €0.06m | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.4m | €0.2m | -€0.2m | €0 | €0 | €0.3m | €0.02m | €0.005m | ▼ 73.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €11.5m | €11.7m | €11.2m | €11.6m | €12.6m | €12.2m | €11.8m | €11.8m | ▲ 0.2% |
| Fixed assets21/28 | €6.5m | €7.3m | €7.9m | €7.4m | €7.0m | €6.9m | €7.1m | €6.7m | ▼ 4.9% |
| Intangible fixed assets21 | - | - | - | €0.04m | €0.1m | €0.07m | €0.03m | - | - |
| Tangible fixed assets22/27 | €6.2m | €7.0m | €7.5m | €7.0m | €6.6m | €6.5m | €6.7m | €6.3m | ▼ 4.8% |
| Land and buildings22 | - | - | - | €2.3m | €2.3m | €2.3m | €2.7m | €2.7m | ▼ 0.7% |
| Plant, machinery and equipment23 | - | - | - | €0.4m | €0.4m | €0.5m | €0.6m | €0.5m | ▼ 15.0% |
| Furniture and vehicles24 | - | - | - | €0.2m | €0.06m | €0.08m | €0.06m | €0.06m | ▲ 10.1% |
| Leasing and similar rights25 | - | - | - | €0.7m | €0.7m | €0.6m | €0.5m | €0.5m | ▼ 10.0% |
| Other tangible fixed assets26 | - | - | - | €3.3m | €3.2m | €3.0m | €2.8m | €2.7m | ▼ 6.0% |
| Assets under construction and advance payments27 | - | - | - | €0.03m | €0.04m | €0.1m | - | - | - |
| Financial fixed assets28 | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 0.1% |
| Other financial fixed assets284/8 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 0.1% |
| Shares284 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 7.7% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 0.6% |
| Current assets29/58 | €5.1m | €4.4m | €3.4m | €4.2m | €5.6m | €5.3m | €4.7m | €5.1m | ▲ 7.7% |
| Stocks and contracts in progress3 | €1.2m | €1.0m | €1.0m | €1.1m | €1.2m | €0.9m | €1.2m | €1.2m | ▲ 1.6% |
| Stocks30/36 | - | - | - | €1.1m | €0.9m | €0.9m | €1.2m | €1.2m | ▲ 1.6% |
| Raw materials and consumables30/31 | - | - | - | €1.1m | €0.9m | €0.9m | €1.2m | €1.2m | ▲ 1.6% |
| Contracts in progress37 | - | - | - | €0.03m | €0.3m | - | - | - | - |
| Amounts receivable within one year40/41 | €2.8m | €2.8m | €2.0m | €2.9m | €3.9m | €3.8m | €2.9m | €3.3m | ▲ 14.0% |
| Trade receivables40 | - | - | - | €2.8m | €3.7m | €3.6m | €2.7m | €3.1m | ▲ 14.8% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 2.0% |
| Cash at bank and in hand54/58 | €0.3m | €0.5m | €0.3m | €0.1m | €0.3m | €0.3m | €0.2m | €0.3m | ▲ 34.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.06m | €0.2m | €0.3m | €0.4m | €0.3m | ▼ 29.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €11.5m | €11.7m | €11.2m | €11.6m | €12.6m | €12.2m | €11.8m | €11.8m | ▲ 0.2% |
| Equity10/15 | €2.3m | €2.6m | €2.4m | €2.4m | €2.5m | €2.9m | €2.9m | €2.9m | ▼ 0.8% |
| Contributions10/11 | €0.2m | €0.2m | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Revaluation surpluses12 | - | - | - | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Reserves13 | €0.9m | €1.0m | €0.9m | €1.0m | €1.1m | €1.1m | €1.2m | €1.1m | ▼ 2.5% |
| Non-distributable reserves130/1 | - | - | - | €0.05m | €0.05m | €0.03m | €0.03m | €0.03m | = |
| Reserves not available under the articles1311 | - | - | - | €0.02m | €0.02m | - | - | - | - |
| Other1319 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Tax-exempt reserves132 | - | - | - | €0.07m | €0.2m | €0.2m | €0.3m | €0.2m | ▼ 10.7% |
| Distributable reserves133 | - | - | - | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Profit (loss) carried forward14 | -€0.005m | €0.2m | €0.03m | €0.03m | €0.03m | €0.3m | €0.3m | €0.3m | ▲ 1.4% |
| Provisions and deferred taxes16 | €0.06m | €0.06m | €0.06m | €0.02m | €0.02m | €0.02m | €0.04m | €0.03m | ▼ 27.0% |
| Deferred taxes168 | - | - | - | €0.02m | €0.02m | €0.02m | €0.04m | €0.03m | ▼ 27.0% |
| Amounts payable17/49 | €9.2m | €9.0m | €8.8m | €9.2m | €10.1m | €9.3m | €8.8m | €8.9m | ▲ 0.6% |
| Amounts payable after more than one year17 | €2.4m | €4.9m | €5.0m | €4.8m | €4.4m | €3.8m | €3.7m | €3.5m | ▼ 5.8% |
| Financial debts170/4 | - | - | - | €4.8m | €4.4m | €3.8m | €3.7m | €3.5m | ▼ 5.8% |
| Subordinated loans170 | - | - | - | €0.8m | €0.6m | €0.6m | €0.5m | €0.5m | ▼ 11.8% |
| Leasing and similar obligations172 | - | - | - | €0.4m | €0.3m | €0.2m | €0.2m | €0.08m | ▼ 47.2% |
| Credit institutions173 | - | - | - | €3.6m | €3.5m | €3.0m | €3.0m | €2.9m | ▼ 2.7% |
| Amounts payable within one year42/48 | €6.7m | €4.1m | €3.7m | €4.4m | €5.6m | €5.5m | €5.0m | €5.3m | ▲ 4.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.6m | €0.6m | €0.6m | €0.5m | €0.4m | ▼ 8.3% |
| Financial debts43 | - | - | - | €0.2m | €1.0m | €0.8m | €0.7m | €1.4m | ▲ 95.6% |
| Credit institutions430/8 | - | - | - | €0.2m | €1.0m | €0.8m | €0.7m | €1.4m | ▲ 95.6% |
| Trade debts44 | €2.9m | €2.0m | €2.0m | €3.3m | €3.8m | €3.4m | €3.1m | €2.9m | ▼ 5.9% |
| Suppliers440/4 | - | - | - | €3.3m | €3.8m | €3.4m | €3.1m | €2.9m | ▼ 5.9% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | - | €0.08m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.2m | €0.3m | €0.4m | €0.3m | ▼ 26.9% |
| Taxes450/3 | - | - | - | €0.03m | €0.02m | €0.06m | €0.1m | €0.03m | ▼ 64.1% |
| Remuneration and social security454/9 | - | - | - | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | ▼ 13.5% |
| Other amounts payable47/48 | - | - | - | €0.005m | €0.006m | €0.3m | €0.4m | €0.2m | ▼ 58.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0.04m | €0.04m | €0.04m | €0.09m | €0.1m | ▲ 42.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €0.3m | -€0.3m | €0.05m | €0.1m | €0.3m | €0.05m | -€0.02m | - |
| + Depreciation and write-downs630 | €0.5m | €0.6m | €0.6m | €0.6m | €0.6m | €0.5m | €0.5m | €0.5m | ▼ 11.6% |
| Operating cash flow (approximation) | €0.9m | €1.0m | €0.4m | €0.7m | €0.7m | €0.8m | €0.6m | €0.4m | ▼ 24.0% |
| Investment in fixed assets (approximation) | - | -€1.5m | -€1.2m | -€0.2m | -€0.2m | -€0.4m | -€0.7m | -€0.1m | ▲ 81.8% |
| Change in cash | - | €0.2m | -€0.2m | -€0.2m | €0.1m | -€0.04m | -€0.05m | €0.07m | - |
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 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 14-07-2026 | 2026-00297283 | NBB |
| 31-12-2024 | full format | 15-07-2025 | 2025-00276252 | |
| 31-12-2023 | full format | 21-01-2025 | 2025-00008338 | |
| 31-12-2022 | full format | 09-11-2023 | 2023-00510804 | |
| 31-12-2021 | full format | 20-09-2022 | 2022-20431975 | |
| 31-12-2020 | full format | 05-08-2021 | 2021-46300083 | |
| 31-12-2019 | full format | 09-09-2020 | 2020-52200244 | |
| 31-12-2018 | full format | 05-07-2019 | 2019-29700137 | |
| 31-12-2017 | full format | 06-08-2018 | 2018-43500201 | |
| 31-12-2016 | full format | 14-07-2017 | 2017-32100361 |
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Of the 2,291 active companies whose main activity is construction of roads and motorways (NACE 42110), figures are known for 1,126. 477 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 7 entries · €18,364 awarded · €17,292 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €2,211 | €1,047 |
| 2024 | 2 | €638 | €1,076 |
| 2023 | 2 | €7,651 | €7,305 |
| 2022 | 2 | €7,864 | €7,864 |
Public contracts
2 awards · 2025 to 2026
WWV/OND/D311/2025/2_Groen- en netheidsonderhoud in district D311 Brugge: WWV/OND/D311/2025/2_ - 1
WWV/OND/D300/2024/8 - Hakhoutbeheer in de provincie West- Vlaanderen: WWV/OND/D300/2024/8 - 1
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.
Directors
Directors
2 directors, last change in 2025
Board 2
DE WITTE Frank
Current
Director (not named in the articles) · appointed in the act of 30-06-2023 · in the 2025 annual accounts, filed on 14-07-2026
DE WITTE Jan
Current
Director (not named in the articles) · appointed in the act of 30-06-2023 · in the 2025 annual accounts, filed on 14-07-2026
Statutory auditor 1
BV Baker Tilly Bedrijfsrevisoren
Current
Statutory auditor · appointed in the act of 31-10-2025
Mandate history
5 people, 3 in office
- Board
- Statutory auditor
| Name | Functions and periods |
|---|---|
| DE WITTE Frank |
|
| DE WITTE Jan |
|
| BV Baker Tilly Bedrijfsrevisoren |
|
| Claeys Karolina |
|
| De Witte Marnique |
|
How the board is organised
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Indien de vennootschap door meer dan één bestuurder wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen”“Behoudens uitdrukkelijk andersluidend akkoord van alle aandeelhouders, evenveel bestuurders benoemd op voordracht soort A als soort B”“Geheel van bevoegdheden van bestuurders aan hem toegekend, als er slechts één bestuurder is”
Articles of association, deed of 30-06-2023
Owners and capital
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 30-06-2023 ↗
- DE WITTE Frank 590 shares
- DE WITTE Jan 590 shares
- DE WITTE Marnique
- CLAEYS Karolina
Capital over the years
- 30-06-2023 Converted to unavailable equity
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “1200, aandelen bij uitgifte ondergebracht in soort A alsmede aandelen die houders van soort A bekomen naar aanleiding van overdracht of…”
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 30-06-2023 (in Dutch)
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
14-07
financial year 2025 · full format
2025
31-10
Gazette deed
Appointment: Baker Tilly Bedrijfsrevisoren BV (statutory auditor)2 facts ▸
Gazette deed
Appointment: Baker Tilly Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
- General meeting, 16-10-2023
- Auditor appointment, Baker Tilly Bedrijfsrevisoren BV (statutory auditor)
17-09
Gazette deed
Resignations: De Witte Marnique (director) and Claeys Karolina (director)Director discharge5 facts ▸
Gazette deed
Resignations: De Witte Marnique (director) and Claeys Karolina (director)
Director discharge5 facts ▸
- General meeting, 20-12-2024
- Director resignation, De Witte Marnique (director)
- Director resignation, Claeys Karolina (director)
- Director discharge, De Witte Marnique (director)
- Director discharge, Claeys Karolina (director)
15-07
financial year 2024 · full format
21-01
financial year 2023 · full format · 174 days late
2023
09-11
financial year 2022 · full format · 101 days late
30-06
Gazette deed
Appointments: DE WITTE Frank, DE WITTE Jan and 2 othersPower of attorney · Name change · Kind of shares26 facts ▸
Gazette deed
Appointments: DE WITTE Frank, DE WITTE Jan and 2 others
Power of attorney · Name change · Kind of shares26 facts ▸
- Director appointment, DE WITTE Frank (director (not named in the articles))
- Director appointment, DE WITTE Jan (director (not named in the articles))
- Director appointment, DE WITTE Marnique (director (not named in the articles))
- Director appointment, CLAEYS Karolina (director (not named in the articles))
- Other provision, “zeteladres, 9990 Maldegem, Krommeweg 43” (deed in Dutch)
- Other provision, “info@aannemingendewitte.be, website en e-mail” (deed in Dutch)
- Power of attorney
- Other provision, “analytisch uittreksel ter publicatie, Voor analytisch uittreksel ter publicatie in het Belgisch Staatsblad” (deed in Dutch)
- General meeting, 22-06-2023
- Name change, DE WITTE
- Other provision, “verslag bestuurders artikel 5:102 Wetboek van vennootschappen en verenigingen, ter griffie van bevoegde ondernemingsrechtbank” (deed in Dutch)
- Other provision, “grondslag verslag bestuurders en commissarisverslag” (deed in Dutch)
- +14 further facts in this act
2022
20-09
financial year 2021 · full format · 51 days late
2021
31-12
Financial
Back to profitnet €48,716
Net result €48,716 after one loss-making year.
05-08
financial year 2020 · full format · 5 days late
2020
31-12
Financial
Weakest financial yearnet -€258,391
Net result drops to -€258,391, the lowest in the series; recovery starts the following year.
09-09
financial year 2019 · full format · 40 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordName
DE WITTE in Dutch
Enterprise number
0448.768.124
Legal form
Private limited company
Status
Active, normale toestand
Founded
27-11-1992
Type
Legal entity
Where it is based
Registered office
Krommewege 43, 9990 Maldegem, Belgium
Establishments
2 establishment units since 1992
Website
aannemingendewitte.be
E-mail
info@aannemingendewitte.be
E-mail
personeel@aannemingendewitte.beMaldegem
Phone
0471681330Aalter
What it does
NACEBEL 202542110
Construction of roads and motorways main activity
02400
Forestry and logging
33120
Repair and maintenance of machinery
42911
Civil engineering
77310
Rental and leasing activities
81300
Landscape service activities
Invoicing and payment
VAT number
BE 0448.768.124
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 0448.768.124
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Scores and ratios are computed by Checked and are not a credit decision.
Purpose according to the articles of association
- 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 WITTE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan kan administratieve zetels agentschappen werkhuizen stapelplaatsen bijkantoren vestigen in België of…”
Articles of association, deed of 30-06-2023 (in Dutch)
Recognitions · licences · registrations
Recognised contractor
9 categoriesDE WITTE BVapproval no. 21597
- A General dredging contractsclass 3, up to €600,000
- B General hydraulic engineering contractsclass 6, up to €3,870,000
- B1 Clearing watercoursesclass 6, up to €3,870,000
- C General road works contractsclass 6, up to €3,870,000
- C1 Ordinary sewer worksclass 6, up to €3,870,000
- C5 Bituminous paving and surface dressingclass 3, up to €600,000
- E General civil engineering contractsclass 3, up to €600,000
- G General earthworks contractsclass 3, up to €600,000
Show all 9 categories
- G3 Plantingclass 6, up to €3,870,000
Environmental permits
23 applications in Flanders since 2020 · 10 granted · 5 refused · 2 under review · 1 under appeal
Het reliëf van de bodem aanmerkelijk wijzigen
Het reliëf van de bodem aanmerkelijk wijzigen
Het reliëf van de bodem aanmerkelijk wijzigen
Het reliëf van de bodem aanmerkelijk wijzigen
Het reliëf van de bodem aanmerkelijk wijzigen
Het reliëf van de bodem aanmerkelijk wijzigen
Het reliëf van de bodem aanmerkelijk wijzigen
Het reliëf van de bodem aanmerkelijk wijzigen
Het reliëf van de bodem aanmerkelijk wijzigen
Een grond gebruiken, aanleggen of inrichten
The 10 most recent of 23 applications.
Source: Omgevingsloket Vlaanderen.
Sites & property
Registered office and establishments
2 establishment units
DE WITTE BVBA
since 1992unit no. 2.059.881.607
DE WITTE
since 2013unit no. 2.222.668.985
Buildings and parcels at the addresses
Ground area
4.6 ha
Building footprint
1,766 m²
Building volume
13,706 m³
2 parcels, Flanders · tallest building 9.7 m.
2 parcels
Flanders
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44001A0946/00D000 | Flanders | 3.4 ha | 1 · 108 m² | 3.1 m · 1 |
| 43001H0976/00G000 | Flanders | 1.1 ha | 1 · 1,658 m² | 9.7 m · 3 |