DE WITTE
ActiveDE WITTE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95k and a net result of €35k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 79% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency99▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.72 against 2.48 in 2024; short-term debt: 25.1% and cash: 1.7% of total assets), and 26.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.9%
Return on assets
27.6%
Age of the figures
9 mo
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 05-05-2026, 87 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
87 d early
2024
54 d early
2023
29 d early
2022
56 d early
2021
48 d early
2020
38 d early
2019
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€95k▲ 59.6%
2024 · €59k
2018: €37k
2019: €37k
2020: €17k
2021: €57k
2022: €47k
2023: €17k
2024: €59k
2018 → 2025
Total assets
€129k▲ 41.0%
2024 · €91k
2018: €100k
2019: €111k
2020: €90k
2021: €134k
2022: €124k
2023: €106k
2024: €91k
2018 → 2025
Net result
€35k▼ 16.9%
2024 · €43k
2018: €4k
2019: €1k
2020: €-20k
2021: €40k
2022: €-10k
2023: €-30k
2024: €43k
2018 → 2025
Working capital
€88k▲ 86.2%
2024 · €47k
2018: €32k
2019: €31k
2020: €35k
2021: €72k
2022: €57k
2023: €4k
2024: €47k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€47k▼ 18.0%€17k▼ 64.2%€59k▲ 253%€95k▲ 59.6%
Operating result€56k-€-9k€-30k▼ 224%€47k€57k▲ 20.7%
Net result€40k-€-10k€-30k▼ 193%€43k€35k▼ 16.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 21% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129k
Fixed assets
€9k▼ 29.6%
Current assets
€120k▲ 52.1%
Equity and liabilities €129k
Equity
€95k▲ 59.6%
Provisions
€1k
Debt
€32k▲ 1.7%
The debt ratio falls from 34.8% to 25.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€61k▲
2024 · €51k
Cash flow
€39k▼
2024 · €46k
Solvency
73.9%▲
2024 · 65.2%
Current ratio
3.72▲
2024 · 2.48
Quick ratio
3.49▲
2024 · 2.08
Debt / equity
0.34▼
2024 · 0.53
ROE
37.3%▼
2024 · 71.7%
ROA
27.6%▼
2024 · 46.8%
Interest coverage
112.61▲
2024 · 25.99
Debt
€32k▲
2024 · €32k
Debt ≤ 1 year
€32k▲
2024 · €32k
Income taxes
€21k▲
2024 · €3k
Staff costs
€10k▼
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€91k€129k▲
Fixed assets21/28€12k€9k▼
Tangible fixed assets22/27€12k€9k▼
Land and buildings22€2k€1k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€1k€693▼
Other tangible fixed assets26€3k€2k▼
Current assets29/58€79k€120k▲
Stocks and contracts in progress3€13k€7k▼
Stocks30/36€13k€7k▼
Amounts receivable within one year40/41€64k€110k▲
Trade receivables40€54k€94k▲
Other amounts receivable41€10k€16k▲
Cash at bank and in hand54/58€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€91k€129k▲
Equity10/15€59k€95k▲
Contributions10/11€12k€12k=
Capital10€12k€12k=
Issued capital100€19k€19k=
Uncalled capital101€6k€6k=
Reserves13€45k€79k▲
Non-distributable reserves130/1€45k€79k▲
Legal reserve130€1k€1k=
Other1319€44k€78k▲
Profit (loss) carried forward14€2k€3k▲
Provisions and deferred taxes16-€1k
Provisions for liabilities and charges160/5-€1k
Other liabilities and charges164/5-€1k
Amounts payable17/49€32k€32k▲
Amounts payable within one year42/48€32k€32k▲
Financial debts43€4k€854▼
Credit institutions430/8€4k€854▼
Trade debts44€27k€12k▼
Suppliers440/4€27k€12k▼
Taxes, remuneration and social security45-€19k
Taxes450/3-€19k
Income statement
Code20242025
Remuneration, social security and pensions62€16k€10k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Gross operating margin9900€67k€70k▲
Operating profit (loss)9901€47k€57k▲
Financial income75/76B€67€21▼
Recurring financial income75€67€21▼
Non-recurring financial income76B-€21
Financial charges65/66B€2k€539▼
Recurring financial charges65€2k€539▼
Non-recurring financial charges66B-€539
Profit (loss) for the period before taxes9903€45k€57k▲
Income taxes67/77€3k€21k▲
Profit (loss) for the period9904€43k€35k▼
Profit (loss) for the period to be appropriated9905€43k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€37k▲
Profit (loss) brought forward from the previous period14P€-38k€2k▲
Transfer to equity691/2€3k€34k▲
To other reserves6921€3k€34k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €43k
Net result €43k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.48
Current ratio from 1.05 to 2.48; short-term debt falls from €89k to €32k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Vigneron 26043 CharleroiGround area
291 m²
Building footprint
177 m²
Volume, LiDAR
1,808 m³
Parcel 52058A1094/00W000, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Vigneron 2, 6043 Charleroi
since 20022.131.715.649
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52058A1094/00W000 | Wallonia | 291 m² | 1 · 177 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,818 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-2002
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.