De Witte Technics
ActiveSummary
De Witte Technics has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €858k and a net result of €155k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 86% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 5.59 against 4.47 in 2024; short-term debt: 17.4% and cash: 53.4% of total assets), and 17.4% of the assets are financed with debt.
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Signals
Four 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
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
82.6%
Return on assets
14.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
30 d early
2023
27 d early
2022
70 d early
2021
62 d early
2020
2 d late
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€858k▲ 22.0%
2024 · €703k
Total assets
€1.04M▲ 15.7%
2024 · €897k
Net result
€155k▲ 40.4%
2024 · €110k
Working capital
€826k▲ 22.8%
2024 · €673k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€222k▲ 113%€127k▼ 43.0%€126k▼ 0.4%€151k▲ 19.8%€198k▲ 31.1%
Net result€139k▲ 353%€90k▼ 35.3%€86k▼ 4.2%€110k▲ 27.8%€155k▲ 40.4%
Equity€597k▲ 11.2%€627k▲ 5.0%€653k▲ 4.2%€703k▲ 7.7%€858k▲ 22.0%
Total assets€875k▲ 38.1%€815k▼ 6.9%€938k▲ 15.1%€897k▼ 4.3%€1.04M▲ 15.7%
Debt€278k▲ 188%€188k▼ 32.5%€285k▲ 51.4%€194k▼ 31.9%€180k▼ 7.0%
Working capital€552k▲ 15.9%€597k▲ 8.2%€630k▲ 5.5%€673k▲ 6.8%€826k▲ 22.8%
Staff (FTE)7▲ 29.6%5.7▼ 18.6%7.9▲ 38.6%8.2▲ 3.8%6.3▼ 23.2%
Turnover and EBIT margin not published: the abbreviated 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 31% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.04M
Fixed assets
€32k ▲ 4.5%
Current assets
€1.01M ▲ 16.1%
Equity and liabilities €1.04M
Equity
€858k ▲ 22.0%
Debt
€180k ▼ 7.0%
Debt's share of the balance-sheet total falls from 21.6% to 17.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€211k▲
2024 · €164k
Cash flow
€168k▲
2024 · €124k
Current ratio
5.59▲
2024 · 4.47
Quick ratio
4.86▲
2024 · 3.78
Debt to equity
0.21▼
2024 · 0.28
ROE
18.0%▲
2024 · 15.7%
ROA
14.9%▲
2024 · 12.3%
Interest coverage
233.51▲
2024 · 8.06
Debt ≤ 1 year
€180k▼
2024 · €194k
Income taxes
€55k▲
2024 · €47k
Staff costs
€420k▼
2024 · €616k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | €2k | €19k | ▲ 800% |
| Remuneration, social security and pensions62 | €503k | €438k | €541k | €616k | €420k | ▼ 31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28k | €17k | €16k | €13k | €13k | ▼ 3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-16k | €0 | - | - | - |
| Other operating charges640/8 | €10k | €56k | €9k | €4k | €6k | ▲ 34.8% |
| Gross operating margin9900 | €764k | €621k | €693k | €785k | €636k | ▼ 18.9% |
| Operating profit (loss)9901 | €222k | €127k | €126k | €151k | €198k | ▲ 31.1% |
| Financial income75/76B | €27k | €28k | €33k | €26k | €13k | ▼ 50.6% |
| Recurring financial income75 | €27k | €28k | €33k | €26k | €13k | ▼ 50.6% |
| Financial charges65/66B | €51k | €26k | €34k | €20k | €903 | ▼ 95.6% |
| Recurring financial charges65 | €49k | €26k | €34k | €20k | €903 | ▼ 95.6% |
| Non-recurring financial charges66B | €1k | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €198k | €129k | €125k | €157k | €210k | ▲ 33.9% |
| Income taxes67/77 | €59k | €39k | €38k | €47k | €55k | ▲ 18.6% |
| Profit (loss) for the period9904 | €139k | €90k | €86k | €110k | €155k | ▲ 40.4% |
| Transfer from tax-exempt reserves789 | €34k | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €173k | €90k | €86k | €110k | €155k | ▲ 40.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €875k | €815k | €938k | €897k | €1.04M | ▲ 15.7% |
| Fixed assets21/28 | €45k | €30k | €23k | €31k | €32k | ▲ 4.5% |
| Intangible fixed assets21 | €18k | €13k | €8k | €4k | €422 | ▼ 88.8% |
| Tangible fixed assets22/27 | €25k | €16k | €15k | €27k | €32k | ▲ 17.6% |
| Land and buildings22 | - | €1k | €924 | €4k | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €10k | €8k | €8k | €15k | €15k | ▼ 1.8% |
| Furniture and vehicles24 | €14k | €7k | €6k | €8k | €17k | ▲ 114% |
| Leasing and similar rights25 | €613 | - | - | - | - | - |
| Financial fixed assets28 | €1k | €0 | - | - | - | - |
| Current assets29/58 | €831k | €785k | €915k | €867k | €1.01M | ▲ 16.1% |
| Stocks and contracts in progress3 | €108k | €183k | €208k | €135k | €131k | ▼ 2.9% |
| Stocks30/36 | €108k | €183k | €149k | €135k | €131k | ▼ 2.9% |
| Contracts in progress37 | - | - | €60k | €0 | - | - |
| Amounts receivable within one year40/41 | €428k | €472k | €461k | €382k | €256k | ▼ 32.9% |
| Trade receivables40 | €391k | €398k | €426k | €331k | €220k | ▼ 33.5% |
| Other amounts receivable41 | €38k | €74k | €35k | €51k | €36k | ▼ 28.9% |
| Current investments50/53 | - | - | - | - | €52k | - |
| Cash at bank and in hand54/58 | €285k | €119k | €227k | €331k | €554k | ▲ 67.6% |
| Deferred charges and accrued income490/1 | €9k | €11k | €18k | €19k | €13k | ▼ 32.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €875k | €815k | €938k | €897k | €1.04M | ▲ 15.7% |
| Equity10/15 | €597k | €627k | €653k | €703k | €858k | ▲ 22.0% |
| Contributions10/11 | €81k | €81k | €81k | €81k | €81k | = |
| Reserves13 | €172k | €172k | €172k | €172k | €172k | = |
| Non-distributable reserves130/1 | €8k | €8k | €0 | - | €52k | - |
| Reserves not available under the articles1311 | €8k | €8k | €0 | - | - | - |
| Own shares acquired1312 | - | - | - | - | €52k | - |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | €164k | €164k | €172k | €172k | €120k | ▼ 30.2% |
| Profit (loss) carried forward14 | €344k | €374k | €401k | €451k | €606k | ▲ 34.3% |
| Amounts payable17/49 | €278k | €188k | €285k | €194k | €180k | ▼ 7.0% |
| Amounts payable within one year42/48 | €278k | €188k | €285k | €194k | €180k | ▼ 7.0% |
| Trade debts44 | €114k | €62k | €101k | €72k | €153k | ▲ 112% |
| Suppliers440/4 | €114k | €62k | €101k | €72k | €153k | ▲ 112% |
| Advances received on contracts in progress46 | - | - | €64k | €20k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €85k | €66k | €60k | €42k | €27k | ▼ 36.2% |
| Taxes450/3 | €34k | €34k | €4k | €950 | €1k | ▲ 21.5% |
| Remuneration and social security454/9 | €51k | €32k | €56k | €41k | €26k | ▼ 37.6% |
| Other amounts payable47/48 | €79k | €60k | €60k | €60k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €139k | €90k | €86k | €110k | €155k | ▲ 40.4% |
| + Depreciation and write-downs630 | €28k | €17k | €16k | €13k | €13k | ▼ 3.5% |
| Operating cash flow (approximation) | €167k | €107k | €103k | €124k | €168k | ▲ 35.6% |
| Investment in fixed assets (approximation) | - | €-2k | €-10k | €-21k | €-14k | ▲ 32.0% |
| Change in cash | - | €-166k | €109k | €103k | €224k | ▲ 116% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €155k ▲40.4%
Net result €155k, the highest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 2 days late
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 91 days late
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 87 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Gent · 1 establishment unit since 1975
Ground area
777 m²
Building footprint
510 m²
Volume, LiDAR
2,748 m³
Parcel 44051B0581/00D002, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE WITTE TECHNICS
since 19752.011.101.691
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44051B0581/00D002 | Flanders | 777 m² | 1 · 509 m² | 6.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 · 4 entries · 11,502 EUR awarded · 9,773 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,305 EUR | 2,648 EUR |
| 2024 | 1 | 1,572 EUR | 4,050 EUR |
| 2023 | 1 | 3,825 EUR | 1,275 EUR |
| 2022 | 1 | 1,800 EUR | 1,800 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 473 companies in sector 46842 we hold annual accounts for 346. 256 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-05-1975
Fiscal year end31-12
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
46842
43222Installation of electric heating, air conditioning, cooling and ventilation
Scores and ratios are computed by Checked and are not a credit decision.