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DE WITTE WILLIAM

Active
Private limited companyfounded 198342 yrs activeFazantenlaan 17, 9250 Waasmunster, BelgiumKBO/BCE: BE 0424.979.269
Summary

DE WITTE WILLIAM has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €364,376 and a net result of -€3,093. Equity remains stable across the filed fiscal years (±0.3% per year). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability69=
Solvency44▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.11 in 2024; short-term debt: 81.1% and cash: 0.9% of total assets), and 81.3% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 42 years 0 50 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
30 d late
2024
21 d early
2023
30 d late
2022
13 d early
2021
3 d early
2020
5 d early
2019
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 2 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 28 July (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 19 December 1983, DE WITTE WILLIAM was incorporated.1 Total assets went from EUR 3.7 million in 2018 to EUR 1.9 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€364,376▼ 0.8%
2024 · €367,469
Total assets
€1.9m▼ 8.7%
2024 · €2.1m
Net result
-€3,093
2024 · €3,077
Working capital
-€1.6m▲ 0.5%
2024 · -€1.6m
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€7,035▲ 3.7%€10,466€11,067▲ 5.7%€4,155▼ 62.5%-€2,946
Net result-€7,083▲ 3.7%€10,418€9,151▼ 12.2%€3,077▼ 66.4%-€3,093
Equity€344,823▼ 2.0%€355,241▲ 3.0%€364,392▲ 2.6%€367,469▲ 0.8%€364,376▼ 0.8%
Total assets€2.1m▼ 0.4%€2.1m▲ 0.4%€2.1m▲ 0.6%€2.1m▲ 0.1%€1.9m▼ 8.7%
Debt€1.8m▼ 0.1%€1.8m▼ 0.2%€1.8m▲ 0.2%€1.8m▼ 0.1%€1.6m▼ 10.4%
Working capital-€1.6m▲ 0.7%-€1.6m▲ 1.3%-€1.6m▲ 1.3%-€1.6m▲ 0.8%-€1.6m▲ 0.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000€10,000Operating result 2021: -€7,035-€7,035Net result 2021: -€7,083-€7,083Operating result 2022: €10,466€10,466Net result 2022: €10,418€10,418Operating result 2023: €11,067€11,067Net result 2023: €9,151€9,151Operating result 2024: €4,155€4,155Net result 2024: €3,077€3,077Operating result 2025: -€2,946-€2,946Net result 2025: -€3,093-€3,09320212022202320242025-€5,000€0€5,000€10,000Operating result 2023: €11,067€11,100Net result 2023: €9,151€9,150Operating result 2024: €4,155€4,150Net result 2024: €3,077€3,080Operating result 2025: -€2,946-€2,950Net result 2025: -€3,093-€3,090202320242025
The operating result turns negative in 2025: a loss of €2,946 after €4,155 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets €1.9m ▼ 0.6%
Current assets €24,644 ▼ 87.7%
Equity and liabilities €1.9m
Equity €364,376 ▼ 0.8%
Debt €1.6m ▼ 10.4%
Debt's share of the balance-sheet total falls from 82.8% to 81.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€8,065▼
2024 · €15,166
Cash flow
€7,918▼
2024 · €14,088
Current ratio
0.02▼
2024 · 0.11
Debt to equity
4.35▼
2024 · 4.81
ROE
-0.8%▼
2024 · 0.8%
ROA
-0.2%▼
2024 · 0.1%
Interest coverage
54.95▼
2024 · 288.87
Debt ≤ 1 year
€1.6m▼
2024 · €1.8m
Debt > 1 year
€3,750=
2024 · €3,750
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.1m€1.9m▼
Fixed assets21/28€1.9m€1.9m▼
Tangible fixed assets22/27€364,006€352,995▼
Land and buildings22€364,006€352,995▼
Financial fixed assets28€1.6m€1.6m=
Current assets29/58€200,275€24,644▼
Amounts receivable within one year40/41€180,474€7,219▼
Trade receivables40-€7,219
Other amounts receivable41€180,474-
Cash at bank and in hand54/58€19,800€17,425▼
Equity and liabilities
Total equity and liabilities10/49€2.1m€1.9m▼
Equity10/15€367,469€364,376▼
Contributions10/11€6,167€6,167=
Revaluation surpluses12€79,846€79,846=
Reserves13€258,811€258,811=
Distributable reserves133€258,811€258,811=
Profit (loss) carried forward14€22,646€19,553▼
Amounts payable17/49€1.8m€1.6m▼
Amounts payable after more than one year17€3,750€3,750=
Other amounts payable178/9€3,750€3,750=
Amounts payable within one year42/48€1.8m€1.6m▼
Trade debts44€1,682-
Suppliers440/4€1,682-
Taxes, remuneration and social security45€1,868-
Taxes450/3€1,868-
Other amounts payable47/48€1.8m€1.6m▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,011€11,011=
Other operating charges640/8€4,769€3,984▼
Gross operating margin9900€19,935€12,050▼
Operating profit (loss)9901€4,155-€2,946▼
Financial charges65/66B€53€147▲
Recurring financial charges65€53€147▲
Profit (loss) for the period before taxes9903€4,102-€3,093▼
Income taxes67/77€1,026-
Profit (loss) for the period9904€3,077-€3,093▼
Profit (loss) for the period to be appropriated9905€3,077-€3,093▼
Appropriation of the result
Profit (loss) to be appropriated9906€22,646€19,553▼
Profit (loss) brought forward from the previous period14P€19,569€22,646▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,300€11,011€11,011€11,011€11,011=
Other operating charges640/8€5,887€3,529€3,732€4,769€3,984▼ 16.5%
Gross operating margin9900€17,152€25,005€25,810€19,935€12,050▼ 39.6%
Operating profit (loss)9901-€7,035€10,466€11,067€4,155-€2,946▼ 171%
Financial charges65/66B€48€48€48€53€147▲ 180%
Recurring financial charges65€48€48€48€53€147▲ 180%
Profit (loss) for the period before taxes9903-€7,083€10,418€11,019€4,102-€3,093▼ 175%
Income taxes67/77€0-€1,868€1,026--
Profit (loss) for the period9904-€7,083€10,418€9,151€3,077-€3,093▼ 201%
Profit (loss) for the period to be appropriated9905-€7,083€10,418€9,151€3,077-€3,093▼ 201%
Line20212022202320242025Change
Assets
Total assets20/58€2.1m€2.1m€2.1m€2.1m€1.9m▼ 8.7%
Fixed assets21/28€2.0m€2.0m€1.9m€1.9m€1.9m▼ 0.6%
Tangible fixed assets22/27€397,039€386,028€375,017€364,006€352,995▼ 3.0%
Land and buildings22€397,039€386,028€375,017€364,006€352,995▼ 3.0%
Financial fixed assets28€1.6m€1.6m€1.6m€1.6m€1.6m=
Current assets29/58€145,767€164,259€187,100€200,275€24,644▼ 87.7%
Amounts receivable within one year40/41€2,506€100,082€100,004€180,474€7,219▼ 96.0%
Trade receivables40--€4-€7,219-
Other amounts receivable41€2,506€100,082€100,000€180,474--
Cash at bank and in hand54/58€143,136€64,035€87,096€19,800€17,425▼ 12.0%
Deferred charges and accrued income490/1€125€141----
Equity and liabilities
Total equity and liabilities10/49€2.1m€2.1m€2.1m€2.1m€1.9m▼ 8.7%
Equity10/15€344,823€355,241€364,392€367,469€364,376▼ 0.8%
Contributions10/11€18,600€18,600€18,600€6,167€6,167=
Revaluation surpluses12€79,846€79,846€79,846€79,846€79,846=
Reserves13€246,378€246,378€246,378€258,811€258,811=
Non-distributable reserves130/1€1,860€1,860€1,860---
Reserves not available under the articles1311€1,860€1,860€1,860---
Distributable reserves133€244,518€244,518€244,518€258,811€258,811=
Profit (loss) carried forward14-€10,418€19,569€22,646€19,553▼ 13.7%
Amounts payable17/49€1.8m€1.8m€1.8m€1.8m€1.6m▼ 10.4%
Amounts payable after more than one year17€6,130€6,130€6,130€3,750€3,750=
Other amounts payable178/9€6,130€6,130€6,130€3,750€3,750=
Amounts payable within one year42/48€1.8m€1.8m€1.8m€1.8m€1.6m▼ 10.4%
Trade debts44€606€199€1,010€1,682--
Suppliers440/4€606€199€1,010€1,682--
Taxes, remuneration and social security45€2,530-€1,868€1,868--
Taxes450/3€2,530-€1,868€1,868--
Other amounts payable47/48€1.8m€1.8m€1.8m€1.8m€1.6m▼ 10.2%
Line20212022202320242025Change
Profit (loss) for the period9904-€7,083€10,418€9,151€3,077-€3,093▼ 201%
+ Depreciation and write-downs630€18,300€11,011€11,011€11,011€11,011=
Operating cash flow (approximation)€11,217€21,429€20,162€14,088€7,918▼ 43.8%
Investment in fixed assets (approximation)-€0€0€896€0▼ 100%
Change in cash--€79,101€23,060-€67,295-€2,375▲ 96.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
10-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
18-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €10,418
Net result €10,418 after 3 loss-making years.
28-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet -€1.6m
Net result drops to -€1.6m, the lowest in the series; recovery starts the following year.
26-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
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.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Waasmunster · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
1.3 ha
Building footprint
923 m²
Volume, LiDAR
7,132 m³
Parcel 42023A1078/00G000, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
14 companies at this address See who is registered here
1 establishment unit
Fazantenlaan 17, 9250 Waasmunster
NACE 70120
since 19952.023.791.766
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42023A1078/00G000 Flanders 1.3 ha 1 · 923 m² 13.6 m · 3 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.

Structure & network

Part of the group DISTRIBUTIECENTRUM 10 companies Group, risk and exposure

Owners and holdings

1 owner · 1 holding

Chain of control

  1. DISTRIBUTIECENTRUM 100%
  2. DE WITTE WILLIAM

Highest known parent: DISTRIBUTIECENTRUM. The sources do not say who stands above it.

Owners 1

Holdings 1

According to the 2025 annual accounts of DE WITTE WILLIAM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded19-12-1983
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0424979269
Registered 01-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.