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De Witte W&C

Active
Private limited companyfounded 201115 years activeBrusselbaan 244, 9320 Aalst, BelgiumKBO/BCE: BE 0839.839.955
Summary

The computed 12-month bankruptcy probability of De Witte W&C is 8.2% (elevated). For De Witte W&C, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €192,136 and a net result of €29,800. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 27% of 30,836 sector peers (NACE 43, fiscal year 2022). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

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De Witte W&CActive
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
1 site
Size
€810,559total assets 2022
Staff
1 FTE
Equity
€192,136
Profit
€29,800
Turnover not published (abridged schema)
Financial health
Bankruptcy probability, 12 months
8.2%
2022 figures too old to score
Structure
Accounts 798 days overdue0 of 3 deeds read
Signals- 3 financial years not filed after the legal deadline; latest accounts 1,009 days late; 3 of the last 3 late- Figures for FY 2022 (filed 05-05-2026)- Sector Specialised construction activities (NACE 43)- Two or more financial years not filed- Filed more than 90 days late+ Founded in 2011Show the evidence

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Average
Solvency 49+3
equity 23.7% of total assets
Liquidity 22+5
short-term debt 76.3% · cash 10.6%
Profitability 73+4
return on assets 3.7%
Bankruptcy probability, 12 months
8.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,513 companies)
Last 24 months 11-2024: 6.9% 12-2024: 6.9%● unchanged vs 11-2024 01-2025: 6.9%● unchanged vs 12-2024 02-2025: 6.9%● unchanged vs 01-2025 03-2025: 6.9%● unchanged vs 02-2025 04-2025: 6.9%● unchanged vs 03-2025 05-2025: 6.9%● unchanged vs 04-2025 06-2025: 6.9%● unchanged vs 05-2025 07-2025: 6.9%● unchanged vs 06-2025 08-2025: 6.7%▼ -0.2 percentage points vs 07-2025lowest value 09-2025: 6.7%● unchanged vs 08-2025lowest value 10-2025: 6.7%● unchanged vs 09-2025lowest value 11-2025: 6.7%● unchanged vs 10-2025 12-2025: 6.7%● unchanged vs 11-2025 01-2026: 6.7%● unchanged vs 12-2025 02-2026: 6.7%● unchanged vs 01-2026 03-2026: 6.7%● unchanged vs 02-2026 04-2026: 6.7%● unchanged vs 03-2026 05-2026: 6.7%● unchanged vs 04-2026 06-2026: 8.5%▲ +1.8 percentage points vs 05-2026highest value 07-2026: 8.5%● unchanged vs 06-2026highest value 08-2026: 8.2%▼ -0.3 percentage points vs 07-2026 09-2026: 8.2%● unchanged vs 08-2026 10-2026: 8.2%● unchanged vs 09-2026
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Signals

Six signals.
−lowers risk+raises risk
raises risk · 3 financial years not filed after the legal deadline; latest accounts 1,009 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for FY 2022 (filed 05-05-2026)
NBB · annual accounts
lowers risk · Founded in 2011
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector Specialised construction activities (NACE 43)
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline07-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 05-05-2026, 1009 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
1009 days late
2021
89 days late
2020
90 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 320 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2022 · micro…
  2. Annual accounts filedfiscal year 2021 · micro…
  3. Weakest financial yearnet €3,201 ▼93.4%

Key points

  • Risk: Accounts not fileddeadline was 31-07-2024 798 days late View
  • Positive: Among the best 15% on equitysector median €56,183 · 30,855 companies €192,136 View
  • Active since 2011founded 03-10-2011 15 years View

By topic

Financials

Fiscal year
2022
Total assets
€810,559
Profit
€29,800
Solvency
23.7%
Total assets▲ 6.7%
Net result
20192022
Go to Financials

Timeline

Events
7
Since
2020
  1. 29-10-2021Annual accounts filed
  2. 31-12-2020Highest result since 2019
  3. 31-12-2020Equity above €150,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
03-10-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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