DE WITTE ALUMINIUMCONSTRUCTIES
ActiveDE WITTE ALUMINIUMCONSTRUCTIES has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.68M and a net result of €-338k. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 672 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▼-65
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity ample (current ratio 9.97 against 12.34 in 2024; short-term debt: 8.7% and cash: 6.8% of total assets), and 10% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
90%
Return on assets
-8.3%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
22 d early
2023
13 d early
2022
4 d early
2021
16 d late
2020
4 d early
2019
12 d late
← 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, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-338k
2024 · €185k
2018: €-325k
2019: €-325k
2020: €45k
2021: €145k
2022: €39k
2023: €-128k
2024: €185k
2018 → 2025
Working capital
€3.18M▼ 31.3%
2024 · €4.63M
2018: €7.07M
2019: €6.30M
2020: €5.87M
2021: €5.06M
2022: €4.96M
2023: €4.38M
2024: €4.63M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.23M-€4.27M▲ 0.9%€4.03M▼ 5.6%€4.22M▲ 4.6%€3.68M▼ 12.8%
Operating result€27k-€-73k€-248k▼ 239%€124k€-452k
Net result€145k-€39k▼ 73.2%€-128k€185k€-338k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €452k after €124k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.09M
Fixed assets
€551k▲ 69.7%
Current assets
€3.54M▼ 29.8%
Equity and liabilities €4.09M
Equity
€3.68M▼ 12.8%
Provisions
€0▼ 100%
Debt
€410k▼ 3.0%
The debt ratio rises from 7.9% to 10.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-349k▼
2024 · €256k
Cash flow
€-236k▼
2024 · €318k
Solvency
90.0%▲
2024 · 78.6%
Current ratio
9.97▼
2024 · 12.34
Quick ratio
7.74▼
2024 · 11.12
Debt / equity
0.11▲
2024 · 0.10
ROE
-9.2%▼
2024 · 4.4%
ROA
-8.3%▼
2024 · 3.5%
Interest coverage
-16.35▼
2024 · 38.05
Debt
€410k▼
2024 · €422k
Debt ≤ 1 year
€355k▼
2024 · €408k
Income taxes
€210▼
2024 · €22k
Staff costs
€1.69M▼
2024 · €1.85M
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€5.36M€4.09M▼
Fixed assets21/28€325k€551k▲
Intangible fixed assets21€12k€8k▼
Tangible fixed assets22/27€313k€542k▲
Land and buildings22€0-
Plant, machinery and equipment23€184k€353k▲
Furniture and vehicles24€94k€140k▲
Other tangible fixed assets26€35k€49k▲
Financial fixed assets28€114€514▲
Current assets29/58€5.04M€3.54M▼
Amounts receivable after more than one year29€487k€373k▼
Other amounts receivable291€487k€373k▼
Stocks and contracts in progress3€500k€793k▲
Stocks30/36€368k€485k▲
Contracts in progress37€131k€308k▲
Amounts receivable within one year40/41€1.43M€1.84M▲
Trade receivables40€787k€1.54M▲
Other amounts receivable41€647k€304k▼
Current investments50/53€453k€250k▼
Cash at bank and in hand54/58€2.16M€278k▼
Deferred charges and accrued income490/1€0€2k▲
Equity and liabilities
Total equity and liabilities10/49€5.36M€4.09M▼
Equity10/15€4.22M€3.68M▼
Contributions10/11€310k€310k=
Capital10€310k€310k=
Issued capital100€310k€310k=
Reserves13€3.81M€3.61M▼
Non-distributable reserves130/1€31k€31k=
Legal reserve130€31k€31k=
Distributable reserves133€3.78M€3.58M▼
Profit (loss) carried forward14€101k€-236k▼
Provisions and deferred taxes16€724k€0▼
Provisions for liabilities and charges160/5€724k€0▼
Other liabilities and charges164/5€724k€0▼
Amounts payable17/49€422k€410k▼
Amounts payable within one year42/48€408k€355k▼
Trade debts44€189k€169k▼
Suppliers440/4€189k€169k▼
Taxes, remuneration and social security45€219k€186k▼
Taxes450/3€34k€24k▼
Remuneration and social security454/9€185k€161k▼
Accrued charges and deferred income492/3€14k€55k▲
Income statement
Code20242025
Non-recurring operating income76A€112k€835k▲
Remuneration, social security and pensions62€1.85M€1.69M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132k€102k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€71k€0▼
Other operating charges640/8€75k€47k▼
Non-recurring operating charges66A€4k€359k▲
Gross operating margin9900€2.26M€1.74M▼
Operating profit (loss)9901€124k€-452k▼
Financial income75/76B€90k€135k▲
Recurring financial income75€90k€135k▲
Financial charges65/66B€7k€21k▲
Recurring financial charges65€7k€21k▲
Profit (loss) for the period before taxes9903€207k€-338k▼
Income taxes67/77€22k€210▼
Profit (loss) for the period9904€185k€-338k▼
Profit (loss) for the period to be appropriated9905€185k€-338k▼
Appropriation of the result
Profit (loss) to be appropriated9906€101k€-236k▼
Profit (loss) brought forward from the previous period14P€-84k€101k▲
Transfer from equity791/2€0€200k▲
Profit to be distributed694/7€0€200k▲
Return on contributions (dividend)694€0€200k▲
Social balance
Average headcount (FTE)908730.428.2▼
The notes to these accounts (16 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-338k ▼282%
Net result drops to €-338k, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €185k
Net result €185k after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 16 days late
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €45k
Net result €45k after 2 loss-making years.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 12 days late
2019
04-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 35 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are 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, Laarne · 1 establishment unit since 1997
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.
Veldmeersstraat 359270 LaarneGround area
1.2 ha
Building footprint
7,693 m²
Volume, LiDAR
58,086 m³
Parcel 42010B1072/00G000, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Veldmeersstraat 35, 9270 Laarne
since 19972.083.057.776
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42010B1072/00G000 | Flanders | 1.2 ha | 1 · 7,693 m² | 11.7 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 59,974 EUR awarded · 59,723 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 7,161 EUR | 7,161 EUR |
| 2024 | 2 | 11,911 EUR | 11,660 EUR |
| 2023 | 2 | 19,928 EUR | 19,928 EUR |
| 2022 | 1 | 20,974 EUR | 20,974 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categoryDE WITTE ALUMINIUMCONSTRUCTIES NV28025
Legal Entity Identifier
967600WI4O147ZC8NG42
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Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 779 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-06-1997
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25120Manufacture of fabricated metal products, except machinery and equipment
28110
28120
22240Manufacture of rubber and plastic products
25230
43320Joinery installation
45422
46130Agents in the wholesale of timber and building materials
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.